As part of his official visit to Italy, President Ts.Elbegdorj took part in signing ceremonies in Rome on Tuesday.

Mongolian Minister for Food, Agriculture and Light Industry T.Badamjunai and Italian Minister for Economic Development P.Romani signed a memorandum of cooperation in agriculture.

SME Development Foundation Director M.Bayarmagnai and Massimo D’ Aiuto, CEO of the Italian foreign investment organization SIMEST, signed a memorandum of cooperation in investment.

Mongolian Meat Production Union President L.Ganpurev and E.M.Arozio, president of Assefoodtech Ltd. of Italy, signed a memorandum of cooperation on the sale and purchase of equipment for food production.

Managing officials of the Mongolian University of Technology and representatives of the University of Turin signed a memorandum of cooperation.

During the signing ceremony, Italian Minister for Economic Development P.Romani said that Italy and Mongolia have the possibility to cooperate in the mining, infrastructure, and agriculture sectors. He noted that Italy has exceptional technology and Mongolia has exceptional raw materials.