AKIPRESS.COM - India and Mongolia "share common values and understanding" on a range of issues, and the "warm relationship" of the two nations needs to be strengthened further, Lok Sabha Speaker Sumitra Mahajan said on Wednesday, according to Yahoo.

Mahajan, who is leading an Indian parliamentary delegation to Mongolia, said the ties between India and Mongolia are quite old as they have "interacted since antiquity."

Common values and understanding between the countries have laid the ground for constructive engagement across several sectors, she observed.

She said that strong political relations must be complemented by ties of trade, economy and investment between the two countries.

Mahajan has met Mongolian President Tsakhia Elbegdorj, Prime Minister Chimed Saikhanbileg and her Mongolian counterpart Zandakhuu Enkhbold in the government palace and shared views on a host of issues, including matters of mutual interest.

Mahajan also informed Enkhbold that the Indian parliament would be happy to share its expertise in strengthening democratic institutions and parliamentary processes to Mongolia.