Japanese Prime Minister Shinzo Abe had made the second state visit of his tenure to Mongolia.
It is historical event for two countries that Prime Minister of the powerful nation, the third in the world and the second in Asia with economic capacity, made the state visit to our country for the second time during his tenure of 4 years. It is surely the sign that Japan provides an attention on cooperation with Mongolia.
Previously, Japanese Prime Ministers used to make the official visit to our country every 7-8 years.
- 1991, Prime Minister T.Kaifu
- 1999, Prime Minister T.Obuchi
- 2006, Prime Minister J.Koizumi
- 2013, Prime Minister Shinzo Abe
Despite just four hour – visit paid to our country, Japanese Prime Minister Shinzo Abe brought few good news to us.
ECONOMIC PARTNERSHIP AGREEMENT TO BE EFFECTIVE FROM NEXT YEAR
Our country established the economic partnership agreement for the first time, with Japan. The agreement expected to boost investment and business sectors will be effective from 2016. During the visit, PM Shinzo Abe discussed about the agreement with Speaker of Parliament Z.Enkhbold.
As soon as the agreement is effective, 8100 types of products will be exported from Mongolia to Japan markets at a discounted price. In return, 5900 types of products from Japan to Mongolia will be traded with less customs fee added. But, the agreement is expected to deliver its full benefits 5-10 years later.
POTENTIAL PARTICIPATION IN THE RAILWAY PROJECT OF EAST TSANKHI ROUTE FOR TAVAN TOLGOI
First of all, it should be cited that Japanese Prime Minister signed intergovernmental MOU to cooperate on the railway project of East Tsankhi of Tavan Tolgoi project and other relative infrastructure projects. Mongolian side initiated the establishment of MOU.
Japanese side agreed to consider Mongolia’s interest to develop feasibility studies on above-mentioned projects, and to study potential benefits of the projects prior to December 2015.
That Japanese side agreed to confirm whether to involve in the railway project prior to next year will certainly benefit Mongolia’s negotiation with the consortium of Japanese, Mongolian and Chinese companies. But we request Mongolian side to deliver enough information about the project to Japanese business entities, said PM Shinzo Abe.
JPY 200 MILLION WORTH OF BUDGET LOAN TO BE LENT
For last two weeks, MPs have been discussing the draft laws of 2015 state budget amendments and 2016 state budget. They are usually looking for approaches to reduce the budget deficit.
PM Shinzo Abe stated that Japan would lend JPY 200 million in order to help reducing the state budget deficit. But the loan conditions and interest rate remained unknown. The loan set to be aiming for developing small and medium sized enterprises.
MONGOLIAN CONSTRUCTION WORKERS TO PARTICIPATE IN TOKYO OLYMPIC DEVELOPMENT WORKS
Japan will host 2020 Tokyo Olympic Games. It is confirmed that Mongolian construction workers would participate in construction and infrastructure development activities of Olympic Games. Japanese side initiated the idea. It is a great opportunity for Mongolian vocational training students with basic Japanese. But number of workers to participate in the event development is not certain currently.
TWO COUNTRIES TO SUPPORT EACH OTHER AT INTERNATIONAL LEVEL
Mongolia had nominated for temporary member position of Human Rights Council of UNICEF while the election will be held in next week. In accordance with that event, Japanese side expressed their willingness to support.
In return, Mongolia agreed to support Japan, which nominated itself for one of five permanent members of Security Council of UN.
MONGOLIA IS THE BRIDGE BETWEEN NORTH KOREA AND JAPAN
During the visit, two sided discussed the incident that North Korean capture Japanese citizens many years ago. Also, Japanese Minister of Foreign Affairs stated that other countries should unite against North Korea, which regularly threatens to launch a nuclear bomb.
Delegates from North Korea and Japan held the meeting in Ulaanbaatar, 2012. Japanese side expressed its gratitude that Mongolia works as intermediary between two countries.
Also, Mongolian and Japanese sides yesterday approved the plans of the works to be done in regards to two phase project of environmental protection, potential partnership with Japanese consortium on newly-constructed airport management services, and joint regional project within the scope of ‘Energy” initiative.
Moreover, Japanese side got involved in “Khaan Quest” international military operations for the first time in Mongolia in last June, which confirms that two countries consistently work on ensuring security issues.
Finally, to emphasize the quote of Japanese Prime Minister: “Mongolia should adopt self-sufficient development policies and Japan is always willing to help”, he said.
Japanese Prime Minister Shinzo Abe had made the second state visit of his tenure to Mongolia.
It is historical event for two countries that Prime Minister of the powerful nation, the third in the world and the second in Asia with economic capacity, made the state visit to our country for the second time during his tenure of 4 years. It is surely the sign that Japan provides an attention on cooperation with Mongolia.
Previously, Japanese Prime Ministers used to make the official visit to our country every 7-8 years.
- 1991, Prime Minister T.Kaifu
- 1999, Prime Minister T.Obuchi
- 2006, Prime Minister J.Koizumi
- 2013, Prime Minister Shinzo Abe
Despite just four hour – visit paid to our country, Japanese Prime Minister Shinzo Abe brought few good news to us.
ECONOMIC PARTNERSHIP AGREEMENT TO BE EFFECTIVE FROM NEXT YEAR
Our country established the economic partnership agreement for the first time, with Japan. The agreement expected to boost investment and business sectors will be effective from 2016. During the visit, PM Shinzo Abe discussed about the agreement with Speaker of Parliament Z.Enkhbold.
As soon as the agreement is effective, 8100 types of products will be exported from Mongolia to Japan markets at a discounted price. In return, 5900 types of products from Japan to Mongolia will be traded with less customs fee added. But, the agreement is expected to deliver its full benefits 5-10 years later.
POTENTIAL PARTICIPATION IN THE RAILWAY PROJECT OF EAST TSANKHI ROUTE FOR TAVAN TOLGOI
First of all, it should be cited that Japanese Prime Minister signed intergovernmental MOU to cooperate on the railway project of East Tsankhi of Tavan Tolgoi project and other relative infrastructure projects. Mongolian side initiated the establishment of MOU.
Japanese side agreed to consider Mongolia’s interest to develop feasibility studies on above-mentioned projects, and to study potential benefits of the projects prior to December 2015.
That Japanese side agreed to confirm whether to involve in the railway project prior to next year will certainly benefit Mongolia’s negotiation with the consortium of Japanese, Mongolian and Chinese companies. But we request Mongolian side to deliver enough information about the project to Japanese business entities, said PM Shinzo Abe.
JPY 200 MILLION WORTH OF BUDGET LOAN TO BE LENT
For last two weeks, MPs have been discussing the draft laws of 2015 state budget amendments and 2016 state budget. They are usually looking for approaches to reduce the budget deficit.
PM Shinzo Abe stated that Japan would lend JPY 200 million in order to help reducing the state budget deficit. But the loan conditions and interest rate remained unknown. The loan set to be aiming for developing small and medium sized enterprises.
MONGOLIAN CONSTRUCTION WORKERS TO PARTICIPATE IN TOKYO OLYMPIC DEVELOPMENT WORKS
Japan will host 2020 Tokyo Olympic Games. It is confirmed that Mongolian construction workers would participate in construction and infrastructure development activities of Olympic Games. Japanese side initiated the idea. It is a great opportunity for Mongolian vocational training students with basic Japanese. But number of workers to participate in the event development is not certain currently.
TWO COUNTRIES TO SUPPORT EACH OTHER AT INTERNATIONAL LEVEL
Mongolia had nominated for temporary member position of Human Rights Council of UNICEF while the election will be held in next week. In accordance with that event, Japanese side expressed their willingness to support.
In return, Mongolia agreed to support Japan, which nominated itself for one of five permanent members of Security Council of UN.
MONGOLIA IS THE BRIDGE BETWEEN NORTH KOREA AND JAPAN
During the visit, two sided discussed the incident that North Korean capture Japanese citizens many years ago. Also, Japanese Minister of Foreign Affairs stated that other countries should unite against North Korea, which regularly threatens to launch a nuclear bomb.
Delegates from North Korea and Japan held the meeting in Ulaanbaatar, 2012. Japanese side expressed its gratitude that Mongolia works as intermediary between two countries.
Also, Mongolian and Japanese sides yesterday approved the plans of the works to be done in regards to two phase project of environmental protection, potential partnership with Japanese consortium on newly-constructed airport management services, and joint regional project within the scope of ‘Energy” initiative.
Moreover, Japanese side got involved in “Khaan Quest” international military operations for the first time in Mongolia in last June, which confirms that two countries consistently work on ensuring security issues.
Finally, to emphasize the quote of Japanese Prime Minister: “Mongolia should adopt self-sufficient development policies and Japan is always willing to help”, he said.