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HomeEntertainmentIndia-Mongolia come up as closes partners amid Russia-Ukraine war

India-Mongolia come up as closes partners amid Russia-Ukraine war

Apr 12, 2022 06:04 IST

New Delhi [India], April 12 (ANI): At a time when the Russia-Ukraine war is changing the dynamics of relations among countries, the India-Mongolia ties have been emerging as close partners in the world in terms of energy supply chains.
India and Mongolia have consistently pushed the boundaries of their collaboration in the recent past and a fractured, energy-uncertain world is likely to strengthen this partnership.
With the war in Ukraine, and the disruption of global supply chains due to the COVID-19 pandemic, new concerns, and opportunities are emerging.
In 2022, by the end of the year, an India-built oil refinery at the cost of more than USD 1 billion and with a capacity of 1.5 million metric tonnes would be opened near Sainshand in southern Dornogovi province of the central Asian country…

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