Japan Provides 158 Billion Yen Loan for Mongolian Airport Expansion

Japanese Prime Minister Sanae Takaichi and her Mongolian counterpart, Nyam-Osor Uchral, met in Tokyo on September 29 to discuss a loan agreement for the expansion of Chinggis Khaan International Airport. According to Jiji Press, Japan will provide approximately 158.2 billion yen in low-interest loans to support the project.

The visit marked Prime Minister Uchral's first trip to Japan since taking office in March. During the meeting, Takaichi stated that 'Japan will support Mongolia's self-reliance and resilience as its most important third neighbor.'