US to finance 5.1 million US dollars of development projects in Mongolia
The Minister of Economic Development of Mongolia Ts.Batbayar and the US Ambassador to Mongolia, Piper Anne Wind Campbell signed a Cooperation Agreement between the Governments of the USA and Mongolia on Thursday September 26th.
Through the amendments into the Cooperation Agreement between the Governments of Mongolia and the USA, the USA will make available a 5.1 million US dollar finance supplement for projects. The finance supplement will be spent on projects to improve Government Accountability, the strength of civil society and Administration reform nationwide and specifically in the countryside for better results.
US Ambassador Ms. Campbell said that “the US Government has increased the help for development in Mongolia year on year. The Governments of Mongolia and the USA signed an Agreement on Transparency in Matters Related to International Trade and Investment in New York last week. This is clear evidence that the economic cooperation between the two countries has strengthened.”
US Government aid to Mongolia has reached 230 million US dollars via the U.S. Agency for International Development since 1991.
Through the amendments into the Cooperation Agreement between the Governments of Mongolia and the USA, the USA will make available a 5.1 million US dollar finance supplement for projects. The finance supplement will be spent on projects to improve Government Accountability, the strength of civil society and Administration reform nationwide and specifically in the countryside for better results.
US Ambassador Ms. Campbell said that “the US Government has increased the help for development in Mongolia year on year. The Governments of Mongolia and the USA signed an Agreement on Transparency in Matters Related to International Trade and Investment in New York last week. This is clear evidence that the economic cooperation between the two countries has strengthened.”
US Government aid to Mongolia has reached 230 million US dollars via the U.S. Agency for International Development since 1991.
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