India-Mongolia Current Affairs, GK & News

Cabinet approves India-Mongolia Agreement on exploration of outer space

On January 8, 2020, the Union Cabinet chaired by PM Modi approved the agreement between India and Mongolia to explore outer space for civilian and peaceful purposes. The countries signed the agreement in September 2019. Highlights The agreement enables the countries to pursue research in planetary exploration, space system, application of space technology. The plan ..

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Mongolia launches construction of its first oil refinery with $1 billion Indian aid

Mongolia has launched construction of its first strategically important oil refinery funded by India in southern Dornogovi province. The ground-breaking ceremony of long-awaited project was attended by Mongolian Prime Minister Khurelsukh Ukhnaa and Indian Minister of Home Affairs Rajnath Singh.  Key Facts The refinery will be capable of processing 1.5 million tonnes of crude oil ..

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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 ..

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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 ..

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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 ..

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