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India, Mongolia to jointly combat terror, boost trade
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SME Times News Bureau | 25 Apr, 2018
External Affairs Minister Sushma Swaraj on Wednesday discussed terrorism
with her Mongolian counterpart Damdin Tsogtbaatar and the two agreed to
collaborate to confront those who design and support terror outfits.
Sushma
Swaraj, who arrived in the Mongolian capital here on Tuesday after
wrapping up her China visit, also called upon the country's business
community to seize economic opportunities from India's growth.
She
is here to co-chair the sixth round of the India-Mongolia Joint
Consultative Committee (IMJCC), focusing on a range of issues including
economic, energy, political, strategic, educational and cultural ties.
She is the first Indian Foreign Minister to visit Mongolia in 42 years.
In
2015, Narendra Modi was the first Indian Prime Minister to visit this
landlocked Asian country. It had ruffled China's feathers.
Addressing
a press conference here after holding talks with Tsogtbaatar, Sushma
Swaraj said: "We discussed global challenges affecting humanity,
particularly terrorism, and agreed to collaborate bilaterally in the
international arena to root out this evil.
She said India sees
Mongolia as a factor of stability in East Asia, adding that the
country's social and economic development is the key to peace and
prosperity in the region.
India is currently helping Mongolia
build its first oil refinery with a $1 billion line of credit, to reduce
its dependence of neighbouring nations.
Sushma Swaraj said that she had reviewed the oil refinery project and other ongoing projects.
"India
has emerged as the fastest growing economy in the world. With its rich
natural resources and strong aspiration for development, Mongolia can be
an important partner in India's growth story," she said.
She said both the nations have identified new areas of cooperation that include IT, infrastructure, energy and services.
Both the countries agreed to remove institutional and logistical obstructions to boost trade and tourism.
She also announced new scholarships for Mongolian students visiting India and enrolling in fields like Buddhist studies.
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