President of Russian Railways meets N.Altankhuyag
At the beginning of their meeting, Mr. Yakunin expressed his gratitude for the opportunity to hold talks that will shed light on the mutual cooperation on a new railway project to be built with a horizontal alignment specification in Mongolia.
Prime Minister N.Altankhuyag emphasized that it is important to respect the interests of both sides regarding the investment in the project as well as its management. He also conveyed that Mongolia is paying special attention to the new railway project as the transportation infrastructure and logistics have substantial importance for the mutually beneficial relationship of the neighboring countries we have a strategic partnership with. Moreover, he stressed that both parties should move faster in fleshing out the partnership mechanism.
In response, Mr. Yakunin said that regardless of any improvements in the project based on this collaboration, the project’s operation should still be expanded and the profit increased. The two sides noted that the conditions to operate with benefits have been created as the equity fund has been recently increased.
During the meeting, Prime Minister N.Altankhuyag expressed the government of Mongolia’s willingness to pay more attention in looking at potential alternatives for implementation to develop Mongolia’s railways.
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