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Minister D.Tsogtbaatar meets with Commerce Minister of China www.montsame.mn

Beijing /MONTSAME/ Within the framework of his official visit to the People’s Republic of China (PRC), Minister of Foreign Affairs D.Tsogtbaatar met with Commerce Minister of China Zhong Shan, exchanging views on broad range of issues regarding development of bilateral trade and economic cooperation.

Minister D.Tsogtbaatar said that his visit aims to ensure preparations of the state visit of the President of Mongolia to the PRC and advance trade and economic cooperation. “This year is marking the 70th anniversary of establishment of diplomatic relations between the two countries and the 25th anniversary of renewal of the Treaty on Friendly Relations and Cooperation between Mongolia and China respectively. The Comprehensive Strategic Partnership of the two countries has to be successfully developed."

Citing that the year of 2018 witnessed full of achievements and successes in bilateral relations and cooperation the Minister highlighted it should be elevated into a new level in 2019. The Minister also said “Accomplishment of the goal to bring bilateral trade turnover to USD 10 billion is getting close and, only, in order to augment trade turnover, the sides should pay attention on reducing barriers and strengthening the legal basis of cooperation that opens new channels and platforms.”

Furthermore, Minister D.Tsogtbaatar put proposals on establishing Intergovernmental Memorandum of Understanding on coordinating ‘Development Road’ national program with ‘Belt and Road Initiative’, intensifying research within the program of Mongolia-Russia-China Economic Corridor, renewing mid-term program on development of trade and economic ties, accelerating implementation of the projects running with non-refundable aid and soft loans from China, lengthening working hours of some border checkpoints at Mongolian and Chinese borders, raising their ranks and status, increasing possibility of export of meat and meat products, rye and wheat flour to China as well as involving more Mongolian entities in international exhibitions and fairs to be held in China, giving necessary supports.

Commerce Minister Zhong Shan expressed his concurrence with the evaluation of Minister D.Tsogtbaatar given on current state of bilateral friendly ties and trade and economic cooperation and he emphasized that it is the best time to develop the bilateral relations further.

Mr. Zhong Shan pledged to take actions to accept and realize proposals put by the Mongolian side, forwarding and working together with relevant organizations and making efforts to reach an agreement during high-level visits and talks.



Published Date:2019-04-04