The official visit of South Korean Prime Minister Hwan Kyo-ahn ends today. During his visit, Mr Hwan had a private meeting with his Mongolian counterpart, ChSaikhanbileg, following which the two prime ministers said that they had discussed co-operation in the transportation, infrastructure and natural resources sectors in a clear and effective manner. They have also concluded a deal for the implementation of a project related to 5th Power Plant.
In the area of transportation, the prime ministers have agreed to increase the flights between the two countries, and decided to launch the new direct flight between Ulaanbaatar and South Korea’s second largest city Busan from March 2016.
During the official visit, ministers and officials of the two countries signed four memoranda of understanding (MoU).