Mongolia-China intergovernmental commission meeting runs in Beijing

Ulaanbaatar /MONTSAME/ The 13th meeting of the Mongolia-China intergovernmental commission of the bilateral trade, economic, scientific and technical cooperation ran May 20-23 in Beijing, China. The meeting was co-chaired by D.Terbishdagva, the Deputy Prime Minister of Mongolia and head of the intergovernmental commission for the Mongolian side. Mr Terbishdagva held meetings with Mr Yang Jiechi, the State Councilor of the People's Republic of China (PRC), and with Mr Wang Jiarui, the director of the International Department of the Central Committee of the Communist Party of China (CPC). The sides noted that the Mongolia-China ties have been sustainably developing in the last 20 years to become the strategic partnership relations in 2011. They shared views on the bilateral economic and commercial cooperation, discussed an issue of long-term planning of the collaboration by establishing a protocol. Moreover, the sides agreed to set up a sub-commission for the road and transport cooperation and to re-establish a mid-term programme on developing the Mongolia-China trade and economic cooperation. Then the sides expressed mutual willingness to resolve matters such as a connecting the two counties infrastructure, an improvement of border checkpoints with participation of enterprisers. The Chinese side said it is ready to support Mongolia in having more opportunities to have a sea port and in creating good conditions of transit transport to export products. The sides also discussed issues of co-implementing projects on constructing power stations and manufacturing factories based on the largest mineral deposits in Mongolia, and on producing gas made of coal and combustible pyrochist. The countries raised issues of establishing a general agreement on developing the collaboration in renewable energy sector and of exporting and importing electricity, and then agreed to continue the talks on these matters in a line of professional organizations. Underlining that the bilateral cooperation in oil sector is succeeding, the sides expressed willingness to deepen the cooperation in this area. The both sides want to focus on beneficial exploitation of the soft loan and non-refundable aid of USD 500 million granted from China. Then Mr Terbishdagve gave China draft projects to be realized with rest of the loan’s capital. The parties reached an agreement to widen the cooperation in construction, urban development, prevention of disasters, culture, education, sciences, techniques, geology, health, social welfare, forestry and fishery. The two countries will seek an opportunity to implement between them and including Russia projects on railways, auto roads, producing natural gas, oil and electricity. The 14th intergovernmental commission meeting will run in 2015 in Ulaanbaatar, Mongolia.