ULAN BATOR, Jan. 5 (Xinhua) -- A new office building, built with Chinese aid for the Mongolian National Chamber of Commerce and Trade (MNCCT), was completed and handed over to Mongolia at a ceremony held here on Monday.

Yu Hongyao (L2), Chinese ambassador to Mongolia, and Sangajav Bayartsogt (R2), Mongolian minister of finance, cut the ribbon at a handover ceremony of a new office building in Ulan Bator, Mongolia, Jan. 5, 2009. The new office building was built with Chinese aid for the Mongolian National Chamber of Commerce and Trade and its construction began in May 2007.  (Xinhua Photo) Photo Gallery>>>

    In an address delivered at the ceremony, Mongolian Minister of Finance Sangajav Bayartsogt said that the building will be a symbol of Mongolia-China cooperation and friendship.

    He expressed thanks to China, saying that the new office building of the MNCCT will create better conditions for the developments of Mongolia's enterprises.

    The MNCCT's new office building counted for 4.2 million U.S. dollars and its construction began in May 2007.