Mongolian President Ukhnaagiin Khurelsukh due to begin Vietnam visit today
VOV.VN - Mongolian President Ukhnaagiin Khurelsukh is scheduled to begin a State ¬visit to Vietnam on November 1 at the invitation of his Vietnamese counterpart Vo Van Thuong.
During his five-day stay, Khurelsukh will hold talks with Thuong and meet with other senior Vietnamese leaders to discuss measures to strengthen cooperation between the two countries.
He will also attend several important events, including a Vietnam – Mongolia business forum.
Vietnam and Mongolia have maintained traditional friendly and cooperative relations since their establishment of diplomatic ties in 1954, through a refular exchange of delegations and efficiency of cooperation mechanisms.
Economic and trade cooperation between Vietnam and Mongolia has been promoted over the years, with two-way trade increasing from just US$5-6 million in 1994-1995 to about US$50 million in 2020.
According to the latest statistics, trade exchanges between the two countries reached US$85 million in 2022, and the figure is expected to keep rising in coming years as there is still much room for both sides to enhance bilateral cooperation.
Senior leaders of the two countries have signed many cooperation documents, such as a memorandum of understanding (MoU) on economic and trade cooperation in 2021, an MoU on cultural cooperation in 2022, an MoU on cooperation in the field of immigration management, and an MoU on agriculture cooperation in 2022.
Vietnam and Mongolia are also working on new agreements, including an agreement on investment promotion and protection, and an agreement on visa exemption for ordinary passport holders.
