The ministry said the agreement aims to further reduce non-tariff trade barriers, improve trade facilitation, while creating a favorable environment for industrial development and boosting China's economic and trade relations with Eurasian Economic Union and its member countries.
The minister says Mongolia is keen on enhancing bilateral relations and cooperation with China in education, science, culture and sports under the Belt and Road Initiative.
The message that the US decided not to add new tariffs on Chinese exports cheered investors in China's financial market on Monday. The CSI 300 index, a tracker of major Shanghai and Shenzhen-listed stocks, rose by 2.88 percent on Monday.
The ministry said the ROK's government would speed up the implementation of the Panmunjom Declaration and the Pyongyang Declaration to advance the inter-Korean relations to a higher level, while continuing efforts for peace and prosperity of the Korean Peninsula.
The military funding will cover the cost of introducing the US military's Aegis Ashore land-based missile interceptor system, the officials said.
The minister said to strengthen and regulate export controls, many countries have attached great importance to the establishment and improvement of export control legal systems.
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The ministry also required schools to more carefully check the background information of their temporary teachers, saying those who were deprived of political rights or have received fixed-term imprisonment or penalties for serious crimes must not work for schools.
The merger process will be a complex process, said Zhang, adding that various kinds of energy businesses need to be merged and their staff should be redeployed in a reasonable way.
The memorandum is based on the so-called Section 301 investigation into alleged Chinese intellectual property and technology transfer practices, launched by the Trump administration in August 2017.
The meeting was originally arranged to be held entirely behind closed doors, but Trump invited reporters to enter the Oval Office at the beginning of the meeting.