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Potential cooperation on oil refinery discussed with Azerbaijan www.zgm.mn

President of Mongolia Battulga Khaltmaa is paying a working visit to the Republic of Azerbaijan. President Battulga held a bilateral meeting with his Azerbaijani counterpart Ilham Aliyev in tete-a-tete (face-to-face) and extended formats. The bilateral meeting took place in the Zagulba Palace, Baku, in a business-like and friendly atmosphere. At the beginning of the meeting, President Ilham Aliyev welcomed President Battulga to Azerbaijan, expressing his appreciation of the latter’s working visit. During the meeting, President Battulga recalled an interesting detail in bilateral relations wherein the Baku Oil Refinery established a small plant in Zuunbayan, Mongolia, on December 5, 1951, and ran the plant until 1969 with Azerbaijani experts coming to Mongolia to work at the plant.

President Ilham Aliyev listened to the story attentively and noted that it was possible for the two countries to cooperate in this sector, given the past experience. The heads of state of Mongolia and Azerbaijan agreed to jointly enter foreign markets via Mongolian territory, actively participate in regional development, and explore opportunities to cooperate on logistical assistance in exporting Mongolian-made products to the world market. After the meeting, the extended format meeting took place. Present at the meeting were, Deputy Minister of Foreign Affairs Battsetseg Batmunkh and Ambassador Extraordinary and Plenipotentiary of Mongolia to Turkey Bold Ravdan from the Mongolian side, and Minister of Economy Shahin Mustafayev and Deputy Head of the Foreign Policy Affairs Department of the Presidential Administration Hikmet Hajizadeh from the Azerbaijani side.

President Battulga Khaltmaa invites Azerbaijani President Ilham Aliyev to Mongolia
President Battulga pointed out that there is an enormous potential to enrich Mongolia-Azerbaijan relations with economic content, while requesting to cooperate in increasing bilateral trade and investment and activating business-to-business ties. President Ilham Aliyev supported the proposal, and the sides agreed on sending a research team of the Ministry of Economy and business representatives of Azerbaijan to Mongolia in October, 2018. President Ilham Aliyev also expressed his support toward the export of Mongolian products and goods to the Middle East through Azerbaijan. The sides agreed to carefully study the matters of exporting animal-origin products, including meat and leather, to Azerbaijan, making an investment for the establishment of cashmere and wool processing and carpet factory that will provide jobs to 300 people in Mongolia, and bringing in the required technology from Azerbaijan. The heads of state had an elaborate discussion on bilateral cooperation in agriculture, tourism, education, sports, and transport sectors. At the end of the meeting, President Battulga invited President Ilham Aliyev to Mongolia, and the latter expressed his appreciation of the invitation.



Published Date:2018-09-26