Saturday, April 18, 2009

Mongolia to enhance energy cooperation with china

Mongolia to enhance energy cooperation with china

Senior Mongolian and Chinese officials pledged to deepen bilateral cooperation on energy and infrastructure during a meeting last Friday.

“Mongolia-China relations have developed smoothly since the two countries forged diplomatic ties 60 year ago, featuring increasing-mutual-political trust and frequent high-level visits,” said Chinese Vice Premier Wang Qishan at a meeting with his Mongolian counterpart, Miegombyn Enkhbold. Enkhbold attended the 11th meeting of the Sino-Mongolian Joint Commission of Trade and Economy.

Enkhbold said Mongolia firmly adheres to the one-China policy and supported China’s stance on issues relating to Taiwan and Tibet. He also called for enhanced economic and trade cooperation between Mongolia and China.
Wang acknowledged that the Chinese and Mongolian economies are complimentary and have a great potential for cooperation. The two economies have seen closer cooperation in such sectors as trade, investment and finance.
Mongolia and China should make joint efforts to overcome the impacts of the global financial crisis, said Wang. He stressed that the two countries should also continue to create better environments for investment and trade between Chinese and Mongolian enterprises.


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