Prime Minister Fumio Kishida and Mongolian President Ukhnaa Khurelsukh have confirmed the successful conclusion of negotiations for a bilateral pact on defense equipment and technology transfers. During their meeting in New York, lasting approximately 40 minutes, the two leaders agreed to aim for an early signing of the pact.
The agreement will facilitate the export of defense equipment and technologies between Japan and Mongolia, with provisions for the proper management of these transfers. This marks a significant step towards enhancing defense cooperation and strengthening bilateral relations between the two countries.
The pact signifies a mutual commitment to deepening strategic ties and promoting security cooperation in the region. Both parties have expressed optimism about the potential benefits and opportunities that this agreement will bring to their respective defense industries.