RUSSIA EXPRESSES INTEREST IN ACCELERATING ULAANBAATAR RAILWAY TECHNICAL UPGRADE

April 1 (InfoMongolia) The Deputy Prime Minister of Mongolia and Chairman of Russia-Mongolia Intergovernmental Committee, Dendev TERBISHDAGVA received the Ambassador Extraordinary and Plenipotentiary of the Russian Federation to Mongolia Viktor Vasilyevich Samoilenko on March 29, 2013.

At the beginning of the meeting, Ambassador V.V.Samoilenko appreciated for sharing a time and asked for some additional information following the XVI Russia-Mongolia Intergovernmental Committee meeting on Trade, Economy, Science and Technical Cooperation held in December of 2012. Also, Ambassador introduced the upcoming two meetings to be organized between Russian and Mongolian authorities, first – on real assets under Russian authority to take place on April 15, second - on upcoming Board of Directors' meeting of the "Erdenet" Mining Corporation to be held on April 18-20, 2013.

In addition, Ambassador noted that the technical renovation for "Ulaanbaatar Railway" Mongolia-Russian Joint Venture has been discussed 3 years, however the project was approved for implementation, but currently has not been realized, even started. The Ulaanbaatar Railway's transportation is being increased yearly, but income from transnational freight transportation is been declined, hence the agreed technical renovation is necessary to start immediately, stressed Ambassador V.V.Samoilenko.

In reply, Deputy Premier D.Terbishdagva expressed to respond shortly, because following the XVI Russia-Mongolia Intergovernmental Committee meeting there many issues are stored un-answered and this is an opportunity to give comprehensive answers to the Government of Russia during the upcoming meetings. In particular, he emphasized that there positive decisions regarding Russian real assets, and the Government of Mongolia is willing to accelerate Ulaanbaatar Railway's technical renovation and enhance this sector's cooperation at all potential levels.

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