North Korea, Mongolia agree on annual foreign ministers' talks

SEOUL, Nov. 1 (Yonhap) -- North Korea and Mongolia signed cooperation agreements on economic and cultural fields and agreed to hold annual talks between their foreign ministers, the North's media said Friday.

Mongolian President Tsakhia Elbegdorj was in Pyongyang from Oct. 28-31 at the invitation of Kim Yong-nam, North Korea's parliamentary chief and nominal head of state. Elbegdorj was the first foreign leader to go to the North after Kim Jong-un assumed power in late 2011. The North's Korean Central News Agency (KCNA) report indicated that he did not meet with the new young North Korean leader, who has yet to make a public debut on the diplomatic front.

The KCNA report, monitored in Seoul, said the countries signed cooperation agreements in the fields of industry, agriculture, culture, sports and tourism, and welcomed them as carrying "weighty significance in putting the bilateral cooperation on a new stage."

This year marks the 65th anniversary of the establishment of diplomatic relations between the two nations.

The KCNA said the two sides decided to exchange successes and experiences in socio-economic development and make efforts to create a legal environment favorable for finance and investment.

"It was decided that both sides would hold regular negotiations between the foreign ministers of the two countries every year and closely cooperate with each other at the UN General Assembly and other international conferences," the report said.

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