In frames of the state visit of the Mongolian President Mr Elbegdorj to the People’s Republic of China, several documents were signed on expanding of the bilateral economic cooperation on Tuesday in Beijing.
The sides have established an intergovernmental agreement on the economic and technical cooperation, an exchanging letter on projects to be implemented within non-refundable aid of 300 million Chinese yuan to be given from the government of China and General credit agreement worth 1 billion dollars between the Mongolian government and the Export-Import Bank of China.
A memorandum was also inked on the cooperation agreement in the sectors of energy, infrastructure, banking and livestock industry.