Mongolia and China Cooperation Council held its meeting

Politics
ooluun@montsame.gov.mn
2017-04-27 17:05:56
Ulaanbaatar /MONTSAME/ A meeting of Cooperation Council between Mongolia and China for mineral resources, energy and infrastructure was held successfully on April 26 in Beijing, China. The council meeting was attended by over 50 officials, including head of the Mongolian side of the council, Minister of Mongolia, Head of the Cabinet Secretariat J.Munkhbat, Minister of Road and Transport Development D.Ganbat, Minister of Mining and Heavy Industry Ts.Dashdorj and Minister of Energy P.Gankhuu and other officials from the Mongolian side and Vice chairman of National Development and Reform Commission of the People’s Republic of China Ning Jizhe.

Mr. Ning Jizhe noted that Mongolia has been a trusted partner of cooperation for a long time and has had close relations at regional level. He noted the two countries have great possibilities and capabilities in economic and investment cooperations.

Minister J.Munkhbat said “- Comprehensive strategic partnership of the two countries has been developing intensively last years and frequent mutual visits and meetings have given significant stimulus to the cooperation. Mongolia is ready to collaborate with China to implement big projects that were indicated in the Government action plan of Mongolia”.

The meeting agenda included the following issues:

- to implement Tavantolgoi project together with Shenhua Group in a complex way covering mining, railway and processing activities and hold meeting of the working groups of the two parties
- to cooperate in establishment of copper smelting plant and export its product to Chinese market
- to cooperate with Chinese companies in projects of production of synthetic natural gas
- to implement ‘Kherlen River’ project due to insufficient water supply in Gobi to establish coal processing plant at Tavantolgoi, Tavantolgoi power plant and copper concentration plant
- to elevate the status of border stations as an international, including Gants mod and Gashuunsukhait, shifting into 24-hour operation 
- to jointly implement projects to construct railways in route ‘Khoot-Bichigt”, Eastern corridor and Northern corridor
- to increase the number of air gates
- to collaborate in the project “Energy export complex” based on Shivee-Ovoo coal mine
- to increase number of border stations to pass oil products imported from China
- to expand agreement term of CNY swap with the People’s Bank of China and increase the amount.

The representative of ministries and companies of the two countries expressed their positions and exchanged views on current state of the relevant sectors and cooperation possibilities within these issues.

PM J.Erdenebat will attend the ‘Belt and Road’ Summit in Beijing in May and during the meeting, some issues discussed at the council meeting are expected to be resolved and significant cooperation documents to be signed.
 
B.Ooluun

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