The UK Export Finance increases its assistance to Mongolia

Economy
misheel@montsame.gov.mn
2018-02-05 11:08:40

Ulaanbaatar /MONTSAME/ The UK Export Finance raised the volume of its trade-related assistance for Mongolia up to GBP 200 million. Thereby, the agency has admitted the financing with national currency, allowing transactions in MNT. This will enable the purchase of British products and services in MNT.


“Appointing Trade Representative to Mongolia is of a great importance for supporting UK-Mongolia trade and investment cooperation. On January 23, 1963, Great Britain became the first western country to establish diplomatic relations with Mongolia. One year later, our first diplomat came to Mongolia. Since then, our embassy has been operating. We are delighted to commence the 55th anniversary of bilateral diplomatic ties with the good news. UK will continue supporting Mongolia's economy, sustainable development, human rights and democracy,” the Ambassador of the UK, Catherine Arnold said.


B.Misheel