Today, September 30th, Speaker Z.Enkhbold received the Chairman of the National Assembly of the Republic of Korea Kang Chang-hee with accompanying delegate who are visiting Mongolia.

In the meeting Speaker Enkhbold expressed his satisfaction about current bilateral relations in all fields and the comprehensive partnership that is being enhanced. He expressed his belief that the visit by the Chairman of the National Assembly of Republic of Korea to Mongolia will bring the desire to strengthen relations and encourage further cooperation between the two countries.

Speaker Enkhbold also noted the importance of boosting bilateral cooperation on trade, investment, road transportation, mining, health and other sectors as well as expressing interests in South Korean investment in railroads, bring railroad technology to Mongolia and training Mongolians in South Korean universities and institutes as qualified engineers and technicians.

The Speaker also suggested to intensify cooperation on environmental protection within the green development policy.

Mr. Kang Chang-hee noted the boost in relations between the two countries particularly intergovernmental relations and expressed his hopes that the Speaker will focus on deepening intergovernmental relations in the future days.

Mr. Kang Chang-hee said that “for South Korea, Mongolia is the fifth partner on economy and foreign trade. Mongolia is a mineral rich promising country that can be developed. South Korean 30 or 40 years of experience can be introduced to Mongolia the sector will be easily developed.”

He continued saying that leading South Korean entities run their business in Mongolia and expressed gratitude that Parliament is near to passing a new Strategic Investment Law that is not expected to block foreign companies.

He also said that “the air and railroad sector is highly developed in the South Korea. So if we cooperate on it, the railroad sector will be developed and current undergoing projects will be completed soon.”

Speaker Enkhbold then suggested to enhance cooperation related to youths and the student exchange program and provide social guarantees for the people who live and work in South Korea by expanding the activity of the Social Security Service Center. Te Speaker wished success to the Chairman of the National Assembly of the Republic of Korea at the end of the meeting.