Japan to Give 25-B.-Yen Emergency Yen Loans to Mongolia

Politics

Tokyo, Oct. 9 (Jiji Press)--Japan will provide emergency yen loans totaling 25 billion yen to support Mongolia's economy hit by the coronavirus pandemic, Foreign Minister Toshimitsu Motegi said Friday.

Motegi and his Mongolian counterpart, Nyamtseren Enkhtaivan, signed documents on the yen loans at their meeting in Ulan Bator, according to Motegi at an online press conference following the meeting.

The Japanese minister also had a meeting with Mongolian Prime Minister Ukhnaa Khurelsukh on the same day.

In the two meetings, Motegi and the Mongolian officials affirmed their countries' cooperation to resolve the issues of North Korea's nuclear and missile development and its past abductions of Japanese citizens.

They also agreed to step up bilateral cooperation toward realizing the Free and Open Indo-Pacific vision.

[Copyright The Jiji Press, Ltd.]

Jiji Press