MADE IN MONGOLIA TRADE CENTER TO BE ESTABLISHED IN HOHHOT

Ulaanbaatar /MONTSAME/ The 4th Meeting of Permanent Consultative Working Group of the Mongolian Ministry of Foreign Affairs and the People’s Government of Inner Mongolia Autonomous Region of China was successfully hosted in Ulaanbaatar city on August 29-30. The Mongolian delegation was represented by State Secretary of the Foreign Ministry D.Davaasuren and Chinese part by Vice Chairman of Inner Mongolia Autonomous Region Ai Lihua. At the meeting, the sides exchanged opinions on a wide range of cooperation issues regarding trade, economy, agriculture, infrastructure, border checkpoints, tourism, culture and humanity and established a protocol at the end of the meeting. In particular, both sides agreed to actively collaborate in establishing ‘Made in Mongolia’ Trade Center in Hohhot and to jointly organize Mongolia-China Expo in 2019 within the goal to bring bilateral trade turnover to USD 10 billion by 2020. The Chinese side expressed to render assistance and facilitation to Mongolian small and medium enterprises to attend forums and fairs, being held by the People’s Government of Inner Mongolia Autonomous Region. Furthermore, they agreed to forward bilateral constructional works of projects on railway and auto road, to develop infrastructure of border checkpoints as well as to take measures in improving its entrance capacity in the near future. The next meeting of the Permanent Consultative Working Group is to take place in 2020 in Hohhot. B.Batchimeg