Agriculture Minister pays visit to Hungary

Ulaanbaatar /MONTSAME/ Minister of Food, Agriculture and Light Industry P.Sergelen paid a working visit to Hungary on October 10. He met with Hungary Minister of Foreign Affairs Peter Szijjarto, State Secretary of the Ministry of Food and Agriculture Istvan Nagy and Deputy Director of the Exim Bank Andras Puskas, to discuss deepening cooperation in agriculture. During the meetings, the dignitaries considered forwarding comprehensive renovation at the “Biocombinat” state-run industry, which is a symbol of Mongolia-Hungary friendship, to be financed by USD 25 million softest loan in scope of the Intergovernmental Agreement on Financial Cooperation. They also touched upon matters of eurostandards adoption for the Mongolian agricultural industry, potential of establishing a joint factory of meat, dairy and seabuckthorn products and building capacity of Mongolia’s agricultural sector.