Mongolia-Korea intergovernmental Joint Committee meets in SeoulPolitics
Ulaanbaatar /MONTSAME/ Mongolia and the Republic of Korea held its 4th meeting of intergovernmental joint committee on June 27-28 in Seoul, Korea. The meeting was chaired by the Minister of Environment and Tourism N.Tserenbat and Vice Foreign Minister of Korea Lee Tae-ho.
At the meeting, the parties discussed wide range of issues such as preparation for upgrading bilateral relations to Comprehensive Strategic Partnership level, announcing the year of 2020 as the ‘Year of Mongolian-Korean friendship’ on the occasion of the 30th anniversary of diplomatic relations and organizing 30 political, economic and cultural events according to the special plan.
The sides agreed to enhance political trust, establish and regulate strategic dialogue mechanism between the countries. For instance, organizing consultative meeting between the Ministries of Foreign Affairs at the deputy ministerial level, policy consultative meeting between the Ministries of Finance, creating new mechanism for consultative meeting between the Ministries of Environment and holding a meeting of relevant stakeholders on railway issues this year.
The Korean side proposed to start a discussion on how to proceed further negotiations on the basis of joint research on the establishment of an Economic Partnership Agreement between the countries to promote bilateral trade and investment.
The sides agreed to further continue cooperating closely on intensification of projects implemented with the grant and soft loan from Korea. They also exchanged views on expansion of cooperation in culture, education, health and IT. the Korean side informed that it is studying the possibility to increase the number of Mongolian students studying with the Korean Government Scholarship.
Mentioning about the annually increasing flow of visitors, the Mongolian side emphasized the importance of close cooperation between the relevant agencies on creating a road map for facilitation of travel conditions and visa free travel in the future.
The parties also exchanged views on multilateral and regional cooperation including the North-East Asia Power Interconnection, East Asia Railway Community, promoting peace on the Korean peninsula and in Northeast Asia.
It was agreed to hold the next meeting in Ulaanbaatar next year.