Ulaanbaatar
Mongolia's support expressed for Belt and Road Initiative
Politics
Ulaanbaatar /MONTSAME/ On August 23, Speaker of the Parliament M.Enkhbold received Wang Yi, State Councilor and Foreign Minister of the People’s Republic of China. The latter is paying an official visit to Mongolia at the invitation of Minister of Foreign Affairs D. Tsogtbaatar.
At the beginning of the meeting, Speaker M.Enkhbold emphasized that understanding and respecting mutual interests of the two countries and resolving pressing issues in a way of talks are the foundation of fruitful cooperation.
Mr. Wang Yi said, “The People’s Republic of China adheres to a principle to treat countries equally. During the meeting with Mongolia's Foreign Minister, we talked over emphatically that China respects independence and sovereignty of Mongolia as its neighbor. It is crucial that the countries have to cooperate with mutual understanding in all levels. I am confident that You, Speaker of the Parliament, would pay attention on it”.
During the meeting, the sides discussed about efficiency of the Belt and Road Initiative and multilateral achievements expected to be come in the social and economic relations, if Mongolia backs and take part in the initiative.
In particular, as infrastructure constructions are conducted within the initiative, it will be significant to augment trade turnover of the country, broaden business cooperation and people-to-people ties and make valuable contribution to the development of the country. China will consider with respect Mongolia’s initiative and aspiration of the people. Moreover, Mongolia's involvement in the initiative will create a great opportunity to increase its export, to produce value added products and to develop all types of production, added Mr. Wang Yi.
In turn, Speaker M.Enkhbold said, "Mongolia is interested in supporting and being a part of the Belt and Road Initiative. In this frame, the sides are discussing about establishing Mongolia-China-Russia economic corridor, which brought an attracting subject about infrastructure construction. I hope that You, Mr. Wang Yi, would make effort on putting the issues discussed between our two countries into real action".
In addtion, China is expected to ratify an Intergovernmental Agreement on Railroad Cooperation between Mongolia and the Republic of China, adopted in 2014. In this regard, the Speaker said he hopes that Mr. Wang Yi will render support on this matter.
Concluding the meeting, the parties pointed out that they should make effort on expanding and enriching bilateral ties and cooperation for opening a new chapter in the future, within the framework of the 70th anniversary of establishment of diplomatic relations of the two countries, which will be marked next year.
At the beginning of the meeting, Speaker M.Enkhbold emphasized that understanding and respecting mutual interests of the two countries and resolving pressing issues in a way of talks are the foundation of fruitful cooperation.
Mr. Wang Yi said, “The People’s Republic of China adheres to a principle to treat countries equally. During the meeting with Mongolia's Foreign Minister, we talked over emphatically that China respects independence and sovereignty of Mongolia as its neighbor. It is crucial that the countries have to cooperate with mutual understanding in all levels. I am confident that You, Speaker of the Parliament, would pay attention on it”.
During the meeting, the sides discussed about efficiency of the Belt and Road Initiative and multilateral achievements expected to be come in the social and economic relations, if Mongolia backs and take part in the initiative.
In particular, as infrastructure constructions are conducted within the initiative, it will be significant to augment trade turnover of the country, broaden business cooperation and people-to-people ties and make valuable contribution to the development of the country. China will consider with respect Mongolia’s initiative and aspiration of the people. Moreover, Mongolia's involvement in the initiative will create a great opportunity to increase its export, to produce value added products and to develop all types of production, added Mr. Wang Yi.
In turn, Speaker M.Enkhbold said, "Mongolia is interested in supporting and being a part of the Belt and Road Initiative. In this frame, the sides are discussing about establishing Mongolia-China-Russia economic corridor, which brought an attracting subject about infrastructure construction. I hope that You, Mr. Wang Yi, would make effort on putting the issues discussed between our two countries into real action".
In addtion, China is expected to ratify an Intergovernmental Agreement on Railroad Cooperation between Mongolia and the Republic of China, adopted in 2014. In this regard, the Speaker said he hopes that Mr. Wang Yi will render support on this matter.
Concluding the meeting, the parties pointed out that they should make effort on expanding and enriching bilateral ties and cooperation for opening a new chapter in the future, within the framework of the 70th anniversary of establishment of diplomatic relations of the two countries, which will be marked next year.
B.Batchimeg
