Japan, Mongolia to announce free trade deal Tuesday: president

TOKYO. KAZINFORM Japan and Mongolia will announce a free trade agreement between the two countries when their leaders meet later on Tuesday, Mongolian President Tsakhiagiin Elbegdorj said.

photo: QAZINFORM

"We are in the stage of concluding" the trade liberalization deal, Elbegdorj said in a speech at a business forum in Tokyo.

Elbegdorj and Prime Minister Shinzo Abe "will announce (the countries) reached a broad agreement," the president said, expressing his hope that the accord will help accelerate trade and investment between the two Asian economies, Kyodo reports.