Mongolia, South Korea sign soft loan agreement for $19 million

AKIPRESS.COM - The government of South Korea will provide $19 million soft loan to Mongolia for implementation of the project on supply of equipment for main archive department, Montsame reported. The agreement was signed by sides on July 5 in Ulaanbaatar.
The project is being implemented in the framework of the general agreement on soft loan in the amount of $700 million from South Korea.
The signing ceremony was attended by Minister of Finance of Mongolia Bulgantuya Khurelbaatar and Executive Director for Crediting of the Export-Import Bank of Korea.