Intergov’tal agreement ratified on dry ports
PoliticsUlaanbaatar /MONTSAME/ Plenary meeting of the parliamentary session on Friday discussed and then passed a bill on ratifying the Intergovernmental Agreement on Dry Ports (IADP).
As the law was adopted, the dry ports can be set up at the border checkpoints of Altanbulag, Sainshand, Ulaanbaatar, Zamyn-Uud and Choibalsan. These border checkpoints are connected to the Asian motorway network and Trans-Asian railway network.
With votes of a majority, a bill was passed on ratifying an intergovernmental agreement on cooperation in the transportation sector. In addition, a draft law on exemption of VAT was endorsed.