ID :
125884
Thu, 06/03/2010 - 16:58
Auther :
Shortlink :
https://oananews.org//node/125884
The shortlink copeid
CHINA ADDS ITS NON-REFUNDABLE AID
Ulaanbaatar, Mongolia, /MONTSAME/ In frames of the official visit of the Premier of the People's Republic of China to Mongolia, the Chinese side has said it will grant an additional soft loan of USD 500 million to Mongolia, with the USD 300 million soft loan, which was previously decided to be granted to Mongolia's government.
As the government of Mongolia considers, the soft loans can be used for developing a manufacturing industry of value-added products. For example, it is possible to realize many projects in the agricultural and infrastructural sectors. Mongolia is questing multi-lateral methods to export its products to foreign countries. Thus, the government is paying attention to developing railways and
autoroad networks to get connected to the Chinese cities with seaports.
Moreover, it is thought that the money should go to animal husbandry and foods sectors, especially to processing meat and livestock raw materials and manufacturing and exporting final products.
B.Khuder
As the government of Mongolia considers, the soft loans can be used for developing a manufacturing industry of value-added products. For example, it is possible to realize many projects in the agricultural and infrastructural sectors. Mongolia is questing multi-lateral methods to export its products to foreign countries. Thus, the government is paying attention to developing railways and
autoroad networks to get connected to the Chinese cities with seaports.
Moreover, it is thought that the money should go to animal husbandry and foods sectors, especially to processing meat and livestock raw materials and manufacturing and exporting final products.
B.Khuder
