Beginning the meeting, the Minister thanked Istvan Joo for attaching an importance to expanding Mongolia-Hungary cooperation in food and agricultural sectors, in particular proceeding modernization and extensional works of Biocombinat state-owned enterprise.

B. Batzorig said, “Soft loan worth USD 25 million, granted by Hungarian Government, will be used to build extensions of Biocombinat state-owned industry. Within this project, a project unit was set up to assist formulating the Feasibility Study and provide relevant information. Currently, a preparation work is underway to commence the project prior to May, 2018. We pay great attention on studying a possibility to produce vaccines in Mongolia and make it real works within the project.”

The sides agreed to import required equipment to produce vaccines for animal diseases, such as foot and mouth disease and cattle plague, at reduced price from Hungary and other European countries, and to involve Hungarian specialist in the project unit for long term.

Istvan Joo said, “Producing foot and mouth disease vaccine requires great volume of investment. It needs to see present conditions of Biocombinat, identify technical level and determine what kind of vaccines will be possible to produce with the loan.” He expressed his commitment to focus on the project implementation.
M. Unurzul