On July 15, 2016, Chairman of the State Great Hural (Parliament) of Mongolia, Miyegombo Enkhbold had a meeting with Mohammad Hamid Ansari, Vice President of the Republic of India.

During the meeting, Speaker M.Enkhbold highlighted that Mongolia and India are developing bilateral relations and cooperation in compliance with the principles of strategic partnership. During a visit of Indian Prime Minister N.Modi to Mongolia conducted in 2015, bilateral ties were elevated to a new level.

In acknowledging the level of the bilateral ties has reached strategic partnership, Mr. Mohammad Hamid Ansari said he spoke about democratic achievements of Mongolia in his report delivered at the ASEM Summit. The main principle of democracy is a right to make decision. Our two countries are both democracies. Democracy plays an essential role in building people’s minds and attitudes. In view of this, parliament of the two countries need to foster bilateral links and increase the frequency of reciprocal visits.

The Prime Minister N.Modi’s visit to Mongolia was a big event for both states. The main outcome of the visit is an agreement of providing USD 1 billion soft loan to Mongolia. Now, the sides need just embody it, the Indian Vice President stated.