Mongolian president in Singapore on first official visit

Mongolian President Tsakhia Elbegdorj is in Singapore on his first official visit. He received a ceremonial welcome at the Istana on Monday morning.

SINGAPORE: Mongolian President Tsakhia Elbegdorj is in Singapore on his first official visit.

Mr Elbegdorj received a ceremonial welcome at the Istana on Monday morning.

He was received by Singapore’s President Tony Tan Keng Yam.

The Mongolian leader is accompanied by a business delegation, which aims to promote economic ties between the two countries.

He also met Prime Minister Lee Hsien Loong at the Istana.

Earlier on Monday morning, Mr Elbegdorj visited the Singapore Botanic Gardens, where a new orchid hybrid was named after him.

The Mongolian president was also treated to a state banquet on Monday evening.

Dr Tan, who hosted the banquet, said there is room for growth in the economic and trade relations of the two countries.

Singapore-Mongolia trade was worth S$87.5 million in 2012.

Dr Tan said: "As Mongolia opens up its economy and resource sector, it will create more business and investment opportunities between our two countries."

Mr Elbegdorj said: "I hope the momentum generated today will translate into a long-lasting partnership, a steady exchange between Singapore and Mongolia at all levels."

- CNA/gn

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