Myasnikovich: Belarus and Mongolia need new forms of cooperation

September 06 03:08 2013 Print This Article  04.09.2013

Belarus and Mongolia need to shift to new forms of cooperation, Belarus Premier Mikhail Myasnikovich said as he met with Chairman of the State Great Khural (Parliament) of Mongolia Miyeegombyn Enkhbold on 4 September, BelTA has learnt.

The Belarusian head of government noted that he had had constructive talks with his Mongolian counterpart Norovyn Altankhuyag: “We discussed new projects, new approaches for cooperation.” According to Mikhail Myasnikovich, the parties took note of a big potential in bilateral all-round relations as well as the need to shift to new forms of cooperation – investment projects.

According to the Premier, Belarus views Mongolia as a promising partner in the Asian-Pacific Region. “We are interested in expanding supplies to Mongolia and are ready to set up assembly plants to produce buses and tractors as well as service centers in the country,” Mikhail Myasnikovich said. He also emphasized the country’s interest in joint projects in the mining industry, fuel and energy sector.

The recent years have seen the development of favorable conditions for closer cooperation between Belarus and Mongolia. Over the past five years the bilateral trade has soared almost 15 times. The trade in goods and services totaled $114.7 million in 2012. In January-June 2013 Belarus’ exports to Mongolia made up $73.1 million (a 262.1% increase on the same period in 2012).

According to Mikhail Myasnikovich, Belarus is ready to supply Mongolia with the whole range of its mechanical engineering goods: road construction, utility, quarry and agricultural equipment: “For our part, we are ready to use financing packages and the interest rate cheapening schemes. With your support we are ready to set up joint companies in the mechanic engineering sector.”

The Belarusian delegation named the transfer of technologies and the organization of engineering plants in Mongolia as a long-range goal.

The Belarusian government delegation led by Prime Minister Mikhail Myasnikovich is in Mongolia on an official visit on 3-5 September. On 4 September the Belarusian PM met with Mongolian counterpart Norovyn Altankhuyag. On 5 September the Belarusian head of government will take part in the opening ceremony of the National Exhibition of the Republic of Belarus and the Belarusian-Mongolian business forum.

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Saranchimeg Enkhee
Saranchimeg Enkhee

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