PRESIDENT MEETS PRIME MINISTER OF HUNGARY

Ulaanbaatar /MONTSAME/ Viktor Orban, Prime Minister of Hungary, paid a courtesy call on Mongolian President Kh.Battulga, who is taking part in the ongoing World Judo Championships in Budapest, as the President of the Mongolian Judo Association (MJA) on Wednesday. The dignitaries shared views on a current state of the Mongolia-Hungary relations and cooperation, and concurred to intensify the economic cooperation. They considered stagnated implementation of the agreement, which was signed in 2010, on USD 25.0 million loan for financing the project on equipment renovation in Biocombinat state-owned factory. The sides then agreed to accelerate the project’s implementation. When the project is implemented, the Mongolia’s export of agricultural raw materials is expected to rise, and it has big importance for diversifying the Mongolian economy. B.Khuder