Mongolia and Kuwait may cooperate in labor sphere

Politics
en_amarsaikhan@montsame.mn
2015-10-20 16:20:57

Ulaanbaatar /MONTSAME/ Minister of Labor G.Bayarsaikhan received Monday the Ambassador Extraordinary and Plenipotentiary of Kuwait to Mongolia Mr Khalid Yateem Al-Fadhli at the State House. They discussed how to expand a cooperation in the labor sphere.

The Minister thanked Kuwait for helping hand in difficult times for Mongolia. Speaking from his experiences from the previous position as the head of the Mongolian-Kuwaiti friendship group in parliament, Bayarsaikhan noted that Kuwait has “a lot to learn from”, starting from the excellent distribution of wealth.

He expressed an interest to expand the cooperation by increasing labor exchange, rather than limiting the interaction within Kuwait’s investment and assistance to Mongolia. The Minister suggested that proper cooperation documents are signed between the Ministry of Labor and Kuwait Ministry of Social Affairs and Labor.

Since 1962, Kuwait has been providing investment assistances for 84 countries through Kuwait Fund for Arab Economic Development. Mongolia is one of the beneficiaries and has implemented four large projects--three on road development and one on Taishir hydro-power plant, highlighted the Ambassador.

The latter said Kuwait is willing to collaborate with the Ministry on all levels. Although Kuwait has a territory of 18 square kilometers and a small population, developments have been advancing with participation of 120 nationalities from around the globe, he said.