India-Mongolia Current Affairs

India extends 1 billion dollar Line of Credit to Mongolia

India has extended 1 billion US dollars a Line of Credit (LoC) to Mongolia to develop institutions, infrastructure and human resources in Mongolia. It was extended after delegation-level bilateral talks between the Union Minister of State (MoS) for External Affairs VK Singh and Mongolian Foreign Minister Lundeg Purevsuren in New Delhi. Background The LoC was Read More…

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India, Mongolia hold joint exercise ‘Nomadic Elephant’ to boost military cooperation

The eleventh edition of India-Mongolia joint military training Exercise ‘Nomadic Elephant – 2016’ has commenced at Mongolia. It seeks to promote military associations between India and Mongolia. The first joint exercise was held in 2004 and since then it is annually held. Key facts Aim of exercise is to develop synergy and interoperability between the Read More…

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Union Cabinet approves MoU between India, Nepal for construction of petroleum pipeline

The Union Cabinet has approved a Memorandum of Understanding (MoU) between India and Nepal for construction of petroleum products pipeline from Raxaul (Bihar) in India to Amlekhgunj in Nepal. The MoU seeks to promote bilateral cooperation in the oil and gas sector between both neighbouring countries and secure long term supply of petroleum products to Read More…

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India, Mongolia decide to elevate ties to strategic partnership

India and Mongolia have decided to elevate their ties to the level of Strategic partnership. In this regard a joint statement was issued after the delegation level talks between Prime Minister Narendra Modi and his Mongolian counterpart Saikhanbileg in Ulaan Baatar. It should be noted that Prime Minister Narendra Modi is first Indian PM to Read More…

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