MONGOLIA-FINLAND CONSULTATIVE MEETING RUNS

Ulaanbaatar, Mongolia /MONTSAME/ The Ministries of Foreign Affairs of Mongolia and Finland organized a political consultative meeting on March 19, 2012 in Helsinki.

This meeting has been co-chaired by G.Tenger, the Vice Minister of Foreign Affairs of Mongolia, and by Pertti Torstila, the Secretary of State at Finland's Ministry for Foreign Affairs, with a participation of B.Enkhmandakh, the Ambassador Extraordinary and Plenipotentiary of Mongolia to Finland, and other officials.

The sides have discussed the issues of cooperating in such spheres as introducing to Mongolia high techniques and technologies for melting copper and for enriching concentrating minerals by environmentally friendly methods, researching rare-earth metals, and a forestry.

It has been agreed to organize days of Mongolia in Finland in their countries on occasion of the 50th anniversary of the diplomatic relations to be celebrated next year.

After the consultative meeting, the Vice Minister G.Tender called on Erkki Tuomioja, the Foreign Minister of Finland, and Alexander Stubb, the Minister for European Affairs and Foreign Trade. He conveyed the Speaker D.Demberel and the Foreign Minister G.Zandanshatar's invitations to their counterparts of Finland to visit Mongolia.

Mongolia and the Republic of Finland established the diplomatic relations on July 15 of 1963. In the years 1970-1990, the countries actively cooperated in the commercial and economic spheres, Finland became a leader among western countries by its size of trade turnover with Mongolia.

The bilateral trade turnover reached USD 13 million by end of 2010, increasing 3.5 times against 2009. Mongolia imported products of USD 12.9 million from Finland in 2011, and exported to it products of USD 24.7 million. The import consisted mainly of mining facilities, equipment and techniques, whereas the exported were clothes, shoes and cashmere.

Finland has made investments of USD 42 million to Mongolia.

In October of 2012, the President of Mongolia Ts.Elbegdorj paid a visit to Finland, and the President of Finland Tarja Halonen visited Mongolia in August of 2011.

B.Khuder

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