H.E. Mr Khurelsukh Ukhnaa served as Secretary General of the Mongolian People’s Party between 2008 and 2012

In the modern history of our bilateral relations, foundation of which was laid in 1955 when our two countries established diplomatic relations, we have developed our cooperation in the socio-economic spheres. The Mongolian-Indian joint declaration of 1973, the Agreement on friendly relations and cooperation of 1994, the Agreement on Comprehensive partnership of 2008, and, the recent Agreement on Strategic partnership have provided strong incentive for our nations to develop friendly relations and cooperation in various sectors.

The credit line of USD 1 billion by the Government of India, which was announced during the state visit of H.E. Narendra Modi, Prime Minister of India, will certainly play a vital role in intensifying the economic relations between our countries, and I would like to emphasize with the appreciation that this credit line will be of the significant value in improving the economic situation of our country at the present times of economic hardship.