Mongolia and EU initial partnership and cooperation agreement

Ulaanbaatar, Mongolia, /MONTSAME/ Mongolia and the European Union (EU) initialed Monday a partnership and cooperation agreement in Ulaanbaatar, successfully finishing the stage of the talks. The agreement has been initialed by B.Bolor, the Vice Minister of Foreign Affairs of Mongolia, and by Mr. Franz Jessen, a head of the European Commission's unit for Mongolia.

The Prime Minister S.Batbold mentioned at the ceremony that the agreement, talks on which started in September of 2009, lets now intensify the Mongolia-EU relations and cooperation and make a step towards bringing them into a newer level.

Mongolia is to become one of the few Asian countries who have established such an agreement with the EU. It is expected that an impetus will be given to make the relations and cooperation closer with the EU which joins 27 highly developed countries.

Apart of initialing the agreement, the sides have run talks on granting Mongolia a status of the market economy country.

B.Khuder

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