A Consultative meeting was held between the foreign ministries of Mongolia and Hungary in Budapest, on November 3-4, 2008. The meeting was chaired by Secretary for the Ministry of Foreign Affairs and Trade of Mongolia, Mr. D.Tsogtbaatar and Secretary for the Ministry of Foreign Relations of Hungary, Mr.V.Laslo.
The sides exchanged views on the Mongolia-Hungary bilateral relations and cooperation as well as on multilateral and regional cooperation.Such bilateral development projects were discussed as an intensified sheep breeding venture and water provision and services. Hungary expressed its readiness to provide a soft loan to Mongolia for renewing the Bio-preparations Institute in the Songino village near Ulaanbaatar built with Hungarian economic aid.
Continued cooperation and mutual support were expressed by the parties with regard to multilateral cooperation. Opinions were exchanged on collaboration with EU, South East Asia, ASEM and Shanghai Cooperation Organization.
The issue of reopening the Embassy of Hungary in Mongolia was raised by Mr.D.Tsogtbaatar who admits that the move will correspond to mutual interests both politically and economically.