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2025/06/26
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MEETING WITH THE PRESIDENT OF THE EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT

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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.

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GALLERY

thumbnail Sh.Mirziyoyev 1
Sh.Mirziyoyev 1
2025/06/22 1:54:03President of the Republic of Uzbekistan to Pay a State Visit to Mongolia
thumbnail Japan (1)
Japan (1)
2025/06/20 10:37:21His Majesty Emperor Naruhito and Her Majesty Queen Masako to Pay State Visit to Mongolia
thumbnail 460968523_1592431178322190_4424128235722435362_n
460968523_1592431178322190_4424128235722435362_n
2025/06/04 5:09:15UN General Assembly Adopts Draft Resolution on “World Horse Day”
thumbnail received_1672447823639831
received_1672447823639831
2025/06/02 11:10:08State Visit of President of Turkmenistan to Mongolia Concludes
thumbnail 494818290_2190547164737719_5104703899206171518_n
494818290_2190547164737719_5104703899206171518_n
2025/06/02 5:07:28Presidents of Mongolia and Turkmenistan Hold a Press Briefing
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