MONGOLIA AND NEPAL TO COLLABORATE IN BUSINESS PROMOTION

Ulaanbaatar /MONTSAME/ A memorandum of understanding has been established between Nepal and Mongolia to promote business and investments at a non-government level, the Nepali myrepublica.com reported February 1. The document was signed by visiting representatives of the Arliyanhath Shendiyan Import and Export Trading Company Ms Naratasetseg Bolormaa and Naratsetseg Gaanbatar, and by representatives of Smriddhi Bio Engineering Private Limtied, Safa Chuarsi Byanjan Private Limited, Energy Link Private Limited and Everest Energy Cooperative Limited Hem Bahadur Bista, Suraj Giri, Tek Prasad Chaulagain and Bikram Bista, respectively. The Company, based in Ulaanbaatar, is to run a large super store in the city from this July. Another agreement has been also established to set up a Nepal centre at the super store.