The Mongolian National Olympic Committee has signed a Memorandum of Understanding (MoU) with the Russian Olympic Committee.

The agreement was signed by Dr Demchigjav Zagdsuren and Alexander Zhukov, the respective presidents of the Mongolian and Russian Olympic Committees.

The MoU, concluded during the Association of National Olympic Committees General Assembly in Prague, will develop bilateral cooperation and promote Olympic values in both countries.

It is also intended to maintain the rights of athletes, coaches and other sports specialists under the Olympic Charter.

A further goal is to ensure that both countries develop mass sports participation and high-performance sports.

Given that Mongolia and Russia are neighbours with strong historic ties, the two National Olympic Committees will also initiate educational exchanges.