Cooperation in construction sector discussed
Minister of Construction and Urban Development B.Munkhbaatar received the U.S Ambassador to Mongolia Michael S.Klecheski on September 4.
At the meeting, the two sides exchanged information on bilateral relations and cooperation, including the projects and programs to be implemented in the construction and urban development sector within the U.S. Millennium Challenge Corporation’s Second Compact agreement with Mongolia. Minister B. Munkhbaatar expressed an interest to cooperate in sharing the U.S. experiences on the secondary mortgage market, real estate market as well as its legal environment. Ambassador Michael Klecheski emphasized the possibility of cooperation in this area. The two sides exchanged detailed information on further cooperation and concurred to meet in the near future.