COUNTRIES HOLD MEETINGS OF WORKING GROUPS AND ECONOMIC COMMITEE

Ulaanbaatar, Mongolia /MONTSAME/ The Federal Minister of Economics and Technology of Germany has hosted the first joint meetings of both Mongolia-Germany working group and an economic committee of private entities.

The working group is responsible for implementing an intergovernmental agreement on cooperating in mineral resources, industry and technological sectors. The meeting of economic committee has been co-chaired by E. Schulz, a head of the Mongolia-Germany Economic Committee for the German side; and B.Enebish, a head of the committee for the Mongolian side, with participation of representatives of the biggest enterprisers engaged in geology and mining spheres.

The sides have shared views on projects to be co-realized, and then established cooperation memorandums and contracts.

A memorandum on implementation of a project on water supply of Taishir Altai has been signed by J.Bat-Erdene, the State Secretary of the Ministry of Road, Transportation, Construction and Urban Development; and by Michael Napel, a vice-president of the Ferrostaal LLC in charge of Project Development & Sales Industrial Plants.

Mongolia's MCS holding company and the Petrovis LLC, and Germany's Lurgi AG have established a memorandum on supplying facilities for liquidizing coal based on fischer tropsch technology. 

Moreover, Mongolia's Tsetsens Mining and Energy LLC, and Germany's Lurgi AG, and GTLF1 have inked a cooperation contract on coal liquidizing equipment based on GTLF1 technology. A memorandum on supplying a technology for coal liquidizing industry has been signed by the MCS holding, the Petrovis companies and the Siemens AG.

The meeting of the intergovernmental committee's working group has been co-chaired by Ts.Garamjav, the Vice Minister of Mineral Resources and Energy, and by Bernhard Heitzer, the State Secretary. Dr. Bernhard Heitzer, the State Secretary at the Federal Ministry of Economics and Technology.

The two sides agreed to cooperate in refining upon a legal environment for geological exploration and mining sector, to realize a project on liquidizing coal, collaborate in the renewable energy sector, to reduce factors polluting environment (environment protection), and to establish the Mongolia-Germany joint academy of mining.

In accordance with a joint decision, the working group's second meeting will run in September of 2012. Protocol on the discussed issues will be released as well.


B.Khuder

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