Mongolia and China agree to move Major projects forward

MONTSAME

2018-04-10 11:30 GMT+8

Mongolia and China agreed to mark the 70th anniversary of diplomatic relations, which will fall next year, with a grand celebration. 

The matter was touched upon during the official talks between Prime Minister U.Khurelsukh and Chinese Premier Li Keqiang on April 9 in Beijing. The sides exchanged views on broadening bilateral cooperation in political, economic, trade and humanitarian spheres and international and regional matters.

While expressing mutual satisfaction with the development of bilateral relations in line with mutual respect of national independence, sovereignty and territorial integrity of the two countries, the Prime Ministers of Mongolia and China expressed their readiness to maintain the frequency of mutual high-level visits and intensify political and parliamentary exchange.

Within the objective to increase bilateral trade turnover to USD 10 billion by 2020, the dignitaries agreed to intensify operations of cooperation mechanisms, correlate development strategies, eradicate non-tariff barriers in bilateral trade, strengthen cooperation in industrial capacity and investment and reinforce the implementation of projects focusing on economic development and household livelihoods. For instance, the sides reached agreement on launching Chinese Government-funded projects in the nearest future, including on the Ulaanbaatar Wastewater Treatment Plant and ger area re-planning .

The sides also emphasized the potentials in bilateral cooperation on sectors such as agriculture, energy, mining and transit transport and backed the activation of relevant dialogue by corresponding bodies. Furthermore, the Prime Ministers expressed their commitment towards the development of trilateral cooperation with Russia and moving forward the priority projects between the three countries.  

Kh.Aminaa

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