Ulaanbaatar, September 7, 2024 /MONTSAME/. At the invitation of the Government of Mongolia, Vice President of the People’s Republic of China Han Zheng is visiting Mongolia on September 6-8, 2024.

On September 7, 2024, Prime Minister of Mongolia Oyun-Erdene Luvsannamsrai and Vice President of the People’s Republic of China Han Zheng held official talks at the State Palace of Mongolia.

The two sides expressed mutual satisfaction with the successful development of the Comprehensive Strategic Partnership between Mongolia and China and noted that Mongolia and China have been closely cooperating in realizing cooperation decisions agreed upon between the two countries, maintaining the frequency of high and highest level reciprocal visits, and coordinating goals reflected in the development policies of the two countries.

Prime Minister L. Oyun-Erdene highlighted that the long-term consistent development of good neighborly relations and mutually beneficial cooperation with China is the priority of Mongolia's foreign policy. The Premier expressed satisfaction with the expansion and development of relations and cooperation between the two countries in all fields.

Prime Minister Oyun-Erdene emphasized his focus on strengthening bilateral cooperation, particularly on connecting the ports of the two countries by rail and increasing their entry capacity, establishing a legal framework to facilitate the cross-border trade of agricultural products, oil, explosives, and hazardous chemicals, developing cooperation in renewable energy, industry, science, technology, and humanity, and accelerating the implementation of soft loan and grant aid projects under the Economic Policy, Regional Development Policy, and Human Development Policy outlined in the action program of the newly established Government of Mongolia.

The Heads of State of the two countries set a goal of increasing bilateral trade to USD 20 billion in 2022. As of last year, the volume of trade between the two countries reached USD 17.6 billion, a testament to the active cooperation between the two countries.

The Prime Minister stressed that connecting the Gashuunsukhait-Gantsmod port by rail in the near future is a mutually beneficial strategic issue for the two countries. The Prime Minister also asked China to collaborate on other key railway projects, including Shiweekhuren-Sekhee, Choibalsan-Bichigt, Bichigt-Zuunkhatavch, and Khangi-Mandal, and intensify these projects.

Premier Oyun-Erdene expressed eagerness to collaborate on infrastructure projects, including the construction of a subway and a ring road in Ulaanbaatar, jointly implementing renewable energy projects as part of Mongolia’s energy sector reform, and finalizing a loan agreement for the Erdeneburen Hydropower Plant of Mongolia in the near future.

The two sides also affirmed mutual commitment to accelerating the development of the Economic Corridor between Mongolia, China, and Russia, agreeing to move forward without delays.

The Prime Minister proposed the establishment of a water port at Buir Lake to promote cross-border water tourism. He noted that Mongolia is planning to construct an airport near Buir Lake, a project that could play a pivotal role in supporting the “Tea Road” program, which aimed at fostering cross-border tourism between Mongolia, China, and Russia.

Vice President of the PRC Han Zheng expressed pleasure in visiting Mongolia at the invitation of the Government of Mongolia and conveyed greetings from Premier of the State Council of the People's Republic of China Li Qiang.

The Vice President acknowledged that Prime Minister of Mongolia Oyun-Erdene's official visit to China last year played an important role in developing concrete cooperation between the two countries.

Vice President Han Zheng reiterated China's readiness to work closely with Mongolia in strengthening political mutual trust, advancing concrete cooperation, and enhancing people-to-people exchanges. He also underscored the importance of intensifying the infrastructure and energy projects proposed by Prime Minister L. Oyun-Erdene.