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2025/10/28
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MEETING WITH THE PRESIDENT OF THE EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT

thumbnail OTGO6475 (1)OTGO6475 (1)
2019/11/14 6:14:25
MEETING WITH THE PRESIDENT OF THE EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT

President of Mongolia Khaltmaagiin Battulga received Sir Suma Chakrabarti, President of the European Bank for Reconstruction and Development (EBRD), today.

President Battulga expressed gratitude for the EBRD’s issuance of funds worth EUR 1.7 billion to Mongolia and support to the development of private sectors over the years and exchanged views on a wide range of matters concerning the formulation of the EBRD’s Mongolia Strategy until 2024 and the identification of priority directions in bilateral cooperation.

Mr. Chakrabarti spoke about the EBRD’s plan to implement one or two large-scale projects and programs every year and allocate EUR 200-250 million for the annual budget in Mongolia, saying that the funds were projected to be mainly spent on the development of urban public services, including road, energy, public transport, and sewage treatment plant. Mr. Chakrabarti also said that the directions of ongoing infrastructure development projects in Mongolia, particularly road and railway, were in conformity with the objectives and goals of the bank and expressed readiness to support projects in the areas of agriculture and tourism.

At the end of the meeting, President Battulga expressed his confidence that EBRD projects will contribute to the diversification of the Mongolian economy and wished Mr. Chakrabarti a successful tenure.

FEATURED

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  • 2025/10/14 7:16:21Prime Minister of India Welcomes President of Mongolia
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GALLERY

thumbnail received_660411626869651
received_660411626869651
2025/10/16 3:47:27President of Mongolia Confers State Decorations on Indian Citizens
thumbnail 68f0657c8b4d0
68f0657c8b4d0
2025/10/16 3:04:24President of Mongolia Receives Speaker of India’s Lower House Om Birla
thumbnail 566490196_1331060441795499_6394994217873997481_n
566490196_1331060441795499_6394994217873997481_n
2025/10/16 2:52:15Over 150 Enterprises Attend India-Mongolia Business Forum
thumbnail received_843529181431288
received_843529181431288
2025/10/15 3:10:14President Khurelsukh Ukhnaa Lays Wreath at Mahatma Gandhi Memorial
thumbnail received_1092820602840736
received_1092820602840736
2025/10/15 3:06:59President Khurelsukh Ukhnaa Meets President Droupadi Murmu
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