-Today is the last day of Mongolian Economic Forum 2015 and it ended up with closing remarks of Z.Enkhbold, Speaker of the Parliament. GoGo News Agency broadcasted live from Mongolian Economic Forum 2015. -
"This forum is significant that is being held at the period of economic downturn and urges us to come with solutions. I appreciate that the discussions are touching crucial issues.
We have seen rapid growth, but are experiencing sharp decline,which is happening due to decline in commodity prices, sharp downfall of the FDI that was tied to Oyu Tolgoi. Moreover, the pro cyclical policy has led us to witness downfall and we are learning lessons.
Industrialization plays important role in the development path. Domestic value added production will lead to greater growth of the economy.
New opportunities have emerged from our neighbors. China has initiated establishing of corridor which connecting Russia and China.
Another good news was the signing of the EPA. We have approved in short period of time and which Japan is to approve soon."
Z.Enkhbold, Speaker of the Parliament expresses his gratitude for the organizers and participants of the MEF 2015.
Moderator Dolgion closed the MEF 2015 and Nuance band is performing "Khaluun Elgen Nutag".
- Thus, this year`s MEF 2015 is ended. Thank you for staying tuned with us. -
-Today is the last day of Mongolian Economic Forum 2015 and it ended up with closing remarks of Z.Enkhbold, Speaker of the Parliament. GoGo News Agency broadcasted live from Mongolian Economic Forum 2015. -
"This forum is significant that is being held at the period of economic downturn and urges us to come with solutions. I appreciate that the discussions are touching crucial issues.
We have seen rapid growth, but are experiencing sharp decline,which is happening due to decline in commodity prices, sharp downfall of the FDI that was tied to Oyu Tolgoi. Moreover, the pro cyclical policy has led us to witness downfall and we are learning lessons.
Industrialization plays important role in the development path. Domestic value added production will lead to greater growth of the economy.
New opportunities have emerged from our neighbors. China has initiated establishing of corridor which connecting Russia and China.
Another good news was the signing of the EPA. We have approved in short period of time and which Japan is to approve soon."
Z.Enkhbold, Speaker of the Parliament expresses his gratitude for the organizers and participants of the MEF 2015.
Moderator Dolgion closed the MEF 2015 and Nuance band is performing "Khaluun Elgen Nutag".
- Thus, this year`s MEF 2015 is ended. Thank you for staying tuned with us. -