Mongolia asks China for fuel, energy

Foreign Affairs and Trade Minister G.Zandanshatar is on an official visit to China at the invitation of Chinese Trade Minister Yang Jiechi. The visit began on Wednesday and ends on January 15.

G.Zandanshatar and Chen Deming met on Wednesday and exchanged opinions on trade and economic cooperation. The ministers noted relations between the two nations, their strategic partnership, and cooperation are all at high levels.

Trade and economic cooperation are the main reasons for good relations. Trade between the two countries amounted to USD 6.3 billion in 2011, a two-fold increase over 2010.

The officials mentioned the decisions reached at an intergovernmental meeting of Mongolian and Chinese officials last June, and said they would organize working groups to implement those decisions.

G.Zandanshatar asked for China’s help with Mongolia’s fuel shortages, and proposed widening relations in the energy and oil sectors. He also asked for China’s support in the construction of an oil refinery, and inquired about importing energy for the Oyutolgoi mining project from Inner Mongolia, revising the coal export tax from Mongolia to Inner Mongolia, and building a pipeline between Russia and China through Mongolia.
Chen Deming promised to decide the issues with “feasible positive effects.”

G.Zandanshatar invited Chen Deming to visit Mongolia. Then he met with Mongolian students at the Mongolian Embassy in Beijing.

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