HONG KONG - The Consulate General of Mongolia in Hong Kong was established here Tuesday, with Prime Minister of Mongolia Sukhbaatar Batbold officiating the inauguration ceremony.
Speaking at the ceremony, Batbold said thousands of Mongolians travel to Hong Kong every year and the number is likely to increase along with the establishment of the consulate general and the opening up of the direct flight service between Mongolia and Hong Kong recently.
The growth of Mongolia's GDP is one of the fastest in Asia, Batbold said, adding that more Mongolian companies are expected to come into Hong Kong, an international financial center, and get listed on the stock exchange in the city as the two places have developed stronger ties.
Batbold also announced Tuesday the official opening of the Mongolian Airlines office in Hong Kong. The company started the direct flight service twice a week between Hong Kong and Ulaanbaatar earlier this month.
Commissioner of the Ministry of Foreign Affairs of the People's Republic of China in Hong Kong Lv Xinhua and Hong Kong Secretary for Constitutional and Mainland Affairs Stephen Lam also attended the ceremony.