AKIPRESS.COM - Belarus and Mongolia have signed a memorandum of cooperation, BelTA reported.

The document was signed by Belarusian Transport and Communications Minister Aleksei Avramenko and Mongolian Road and Transport Development Minister Byambasuren Enkh-Amgalan in Minsk on 27 January.

The memorandum will be in effect for five years. It provides for advancing Belarus-Mongolia cooperation and for implementing joint projects.

The sides also came to a verbal agreement to encourage investments for enabling free conditions for transportation in the sphere of transport and logistics.

The Mongolian side is interested in buying Belarusian road construction machines and MAZ vehicles.