Kuwait-Mongolia Intergovernmental Commission to meet - News.MN

Kuwait-Mongolia Intergovernmental Commission to meet

Old News! Published on: 2017.05.22

Kuwait-Mongolia Intergovernmental Commission to meet

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Л.Энх-Оргил
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The first meeting of the Kuwait-Mongolia Intergovernmental Commission will be held next week to discuss bilateral ties and cooperation, and investment and collaborative projects, Mongolian state-run news agency Montsame reported on Thursday. During the meeting in Kuwait on May 23rd – 24th, the two sides are expected to reach an agreement on the construction of the National Burn Treatment Center in Mongolia, to be financed by the Kuwaiti government, according to the report.

The construction of the treatment building, which has been stagnant for eight years due to Mongolia’s financial issues, will resume thanks to USD 8 million aid from the Kuwait Fund for Arab Economic Development (KFAED), Mongolian media has reported earlier this month. The Mongolian delegation to partake in the meeting will be led by the head of Cabinet Secretariat Jamiyan Munkhbat. Over the years, the KFAED has granted soft loans worth USD 78 million and USD 13 million non-refundable aid to Mongolia, the report noted.

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