On July 20, President Kh.Battulga met with Ambassador of India to Mongolia Suresh Babu to discuss information technology and economic cooperation between the two countries.
During the meeting, the sides highlighted that the two nations have significantly developed their cooperation in defense, security, education, and information technology in recent years. President Kh.Battulga underlined that developing information technology will be of great strategic importance to Mongolia, a landlocked country, and outlined his focus on developing the information technology sector in Mongolia.
Kh.Battulga emphasized that a loan of 20 million USD that has been announced by India during the Mongolian President’s visit to India eight years ago has been delayed, so spending this loan to develop information technology in Mongolia and to educate Mongolian specialists in information technology in India will be of significant importance.
The President noted that he wants to establish an overseas branch of the Indian Institute of Technology, a leading Indian information technology university, in Ulaanbaatar, and asked the Indian Ambassador to convey his proposal to Indian Prime Minister Narendra Modi.
Ambassador Babu stated that during Narendra Modi’s visit to Mongolia in 2015, he agreed to establish a joint information technology center in Ulaanbaatar, and noted that the embassy is working with the Ministry of Foreign Affairs and Ulaanbaatar Mayor’s Office to actualize the initiative. The Indian Ambassador noted that as the President of India chairs the board of directors of Indian information technology sector, and highlighted that the presidents of the two countries have the opportunity to work together on developing information technology. He added that cooperating in cyber security is important for developing information technology cooperation between the two countries.
President Kh.Battulga stated that the two countries have successfully developed their political cooperation for many years, but development of economic cooperation between the countries have been weak, and he proposed that establishing an Indian trade center in Ulaanbaatar could help increase trade turnover between the two countries. Kh.Battulga added that combining an Indian offer to launch a direct flight between Ulaanbaatar and Delhi and his offer to establish an India’s trade center in Ulaanbaatar would be of great importance to increasing economic cooperation between the two countries.