Prime Minister U.Khurelsukh is on visit to Russia

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The Prime Minister of Mongolia, Ukhnaa Khurelsukh who is paying an official visit to the Russian Federation, has held a meeting with his Russian counterpart Dmitry Medvedev.

Our two countries are trade and economic partners. We have agreed on a number of new investment projects and on ways of making intense ongoing projects, Mr. Medvedev said. The sides discussed on Ulaanbaatar Railways joint venture which can serve as a basis for building new transportation corridors and increasing regional commodity flows. The sides need to make some endeavors as all feasibilities are available, he said.

Russia is ready to continue its part in modernization of thermo power plants in the Mongolia capital city as a part of an agreement on cooperation in the energy sector which was just signed during the visit. Moreover, amendments to the trade agreement from 1957 entered into force which allow opening trade representative office of Mongolia in Vladivostok. Ulaanbaatar and Moscow also agreed to foster bilateral cooperation in the humanitarian and educational areas.

According to U.Khurelsukh, the sides exchanged views on wide range of issues concerning bilateral relations and trade and economic cooperation, in particular. We confirmed our positions towards augmenting efficiency of Ulaanbaatar Railways joint venture, building new railroads in Mongolia, and implementing mutually beneficial projects, he added. The sides agreed to take joint actions in the fields of agriculture, oil products supply, culture, science, and education. The heads of government of the two countries succeeded in settling a part of issue related to real estate of Russia on the territory of Mongolia, which has not been solved over the long period of time. Mongolian side thanked Russia for backing its proposal on constructing oil pipelines from Russia to China through Mongolia.

As a part of the visit, officials from Mongolia and Russia have signed in total 12 documents in presence of the Prime Ministers.

Mongolian Prime Minister Khurelsukh also partook in Mongolia-Russia business forum which was held in Moscow.

The forum themed “Mongolia-Russia: Doing business in Eurasian Economic Union market” was attended by over 50 Mongolian businesspeople.


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