Mongolian Minister of Finance Ch.Khurelbaatar in making an official visit to Kuwait on March 4-5 for talks on further boosting relations between the two countries.

The planned visit, the second of such level following the December visit by the Mongolian foreign minister, indicates the depth of the bilateral relations “and constitutes the basis for cooperation in all spheres”.

Dubbing the mission as an opportunity to raise the level of economic and investment cooperation between the two countries, the ministry said the Mongolian finance minister would look, along with the Kuwaiti officials, into economic issues of common concern.

Kuwait and Mongolia are partners in China’s strategic “silk road” initiative, which shares much with Kuwait Vision 2035.

The Mongolian prime minister is scheduled to visit Kuwait later this year. Moreover, the two countries are scheduled to hold the first round of political consultations in April, in addition to convening the second session of the joint economic and technical cooperation commission in the Mongolian capital, Ulaanbaatar.