Mongolia sees South Korea as a key partner in trade and tourism

Mongolian member of Parliament and head of the Standing Committee on Justice Tsogtbaatar Damdin obtained South Korean first vice-minister of International Affairs Park Yoonjoo in Ulan Bataar on Thursday, twenty first August.

The assembly marked the thirty fifth anniversary of the institution of diplomatic relations between Mongolia and South Korea.

In his remarks on the occasion, Tsogtbaatar famous that the variety of mutual visits between the residents of the 2 international locations hit 363,000 as of end-2024.

The member of Parliament added that South Korea is a key accomplice for Mongolia in Asia by way of commerce and tourism; certainly, the 2 nations have maintained a robust partnership because the institution of diplomatic ties.

Tsogbataar likewise cited the speedy evolution of tourism initiatives between Mongolia and South Korea.

Equality in authorities

For his half, Park cited the excessive illustration of ladies within the Mongolian Parliament, noting it as a robust indicator of democratic consolidation.

He additional expressed satisfaction that the 2 international locations share a robust mutual understanding and shut people-to-people relations, pushed by their shut geographical proximity.

Tsogtbaatar concluded by saying that Mongolia is working to enhance the authorized atmosphere for overseas funding, and emphasised that there are a lot of useful practices his nation might study from their regional neighbours in that respect.