India has said that it is closely working with the Mongolian government to implement the USD one billion credit line to help it to meet current difficult budgetary situation arising out of various factors including the recent imposition of border tariffs against it by China.<br/><br/>External Affairs Ministry Spokesperson Vikas Swarup said that as a close friend of Mongolia, which regards India as its 'third neighbour' and 'spiritual neighbour', we are ready to work with Mongolian people in this time of their difficulty. He referred to credit line of USD one billion announced during the visit of the Prime Minister in 2015.