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Mongolia-Russia Intergovernmental Commission reaches agreement on hydropower plant issue and many others www.en.montsame.mn
Ulaanbaatar /MONTSAME/ The 20th Meeting of the Mongolia-Russia Intergovernmental Commission on Trade, Economy, Science and Technical Cooperation completed on December 13 in Ulaanbaatar.
The sides have released protocols on cooperation in trade, economy, road and transport, investment, agriculture, energy and humanities. The ceremony for signing these documents was held at the State House. The documents were inked by the Deputy Prime Minister of Mongolia and Chair of the Mongolian part of the commission, Mr U.Khurelsukh and the Minister of Natural Resources and Environment of the Russian Federation and Chair of the Russian part of the Commission, Mr Sergey E.Donskoy.
Mr Donskoy said, summing up the commission meeting, “The 20th Meeting of the Intergovernmental Commission on Trade, Economy, Science and Technical Cooperation completed with success. During this meeting and the previous ones, both sides considered issues covering many areas of bilateral cooperation. Today, the cooperation in economic sphere is facing some difficulties. In 2015, the total external turnover decreased by 22 percent, and the negative trend was carried on throughout 2016. We must combine our efforts to produce tangible results from the political negotiations”.
“Today, we addressed a broad range of issues covering Russian-Mongolian commercial and economic transport, agriculture and the environment. Moreover, we also discussed new directions of cooperation. The matters of relations between Mongolia and the Eurasian Economic Union and establishing the Mongolia-Russia-China economic corridor were deliberated. Also, the sides elaborated issues of implementing the medium term program on realizing the strategic partnership and the operations of Ulaanbaatar Railway in details. After careful discussion on the hydropower plant project, based on the bank of Selenge River, the sides agreed to further collaboration. Today’s session revealed that abundance of cooperation potentials awaits the two countries. After all, the substantiating the ideas through actions is on us”, he added.
Published Date:2016-12-14
