A Korea Development Bank (KDB) delegation headed by its
Chairman and CEO, Euoo-Sung Min, recently called on Prime Minister S.Batbold to
express their interest in cooperating with Mongolia in running the recently
established National Development Bank. The KDB also wants to collaborate with
Mongolia in developing its capital and financial market, creating capital
accumulation, sharing experiences in attracting investments and training
experts. Batbold was favorable to the suggestion and asked the KDB to submit a
detailed proposal on the form the cooperation will take.