Ulaanbaatar
Minister of Economy of the Grand Duchy of Luxembourg visiting Mongolia
Society
Ulaanbaatar/MONTSAME/. Luxembourg delegation led by Mr. Franz
Fayot, Minister for Development Cooperation and Humanitarian Affairs
and Minister of the Economy of the Grand Duchy of Luxembourg, is
paying an official visit to Mongolia on July 26-31, 2022.
B.Javkhlan, Mongolia’s Minister of Finance and Acting Minister of Economic Development, received the delegation headed by Mr. Franz Fayot on July 26.
During the meeting, the sides discussed the expansion of
relations, trade, economic and investment cooperation between the two
countries.
Mongolia established diplomatic relations with the Grand
Duchy of Luxembourg in 1976, and since then, numerous projects and programs
were successfully implemented within the framework of government grants, such
as ‘Financial sector capacity building and training project,’ ‘Consolidating
the Cardiovascular Services and the National Cardiac Centre,’ and ‘Project on
establishing a telemedicine network for maternal and newborn health’.
With support of Luxembourg government, about 1500 specialists of banking and financial sector of Mongolia attended the training.
