Mongolia broke ground for the construction of country’s first oil refinery with the help of a USD 1 billion loan from India. Home Minister Rajnath Singh attended the groundbreaking ceremony for the construction of the refinery at ‘Stantsiin Hooloi’ and described it as an important milestone in the bilateral ties.
The Prime Minister of Mongolia, Ukhnaagin Khurelsukh and other dignitaries were present during the event. The home minister is on a three-day visit to Mongolia to further strengthen India’s relations with Mongolia and security cooperation.
Source- DD News
Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
- Mongolia Capital- Ulaanbaatar,
Currency- Mongolian togrog.