Mongolia Brief July 23, 2014 Part I
President
attends Mongolia-Japan business forum
Ulaanbaatar,
July 23 (MONTSAME) The President of Mongolia Ts.Elbegdorj Tuesday addressed a
Mongolia-Japan business forum in Tokyo in frames of his working visit to this
country.
The forum,
hosted by the Japan Federation of Economic Organizations (KEIDANREN), has
brought together 320 business delegates of Mongolia and Japan.
Mr Elbegdorj
said Mongolia maintained close relations with Japan at momentous historical
junctures. “For instance, in early years of building the Great Mongol Empire
Yuan, Khubilai Khaan sent a letter to the Emperor of Japan; in 1911, an envoy
was sent to Japan by the Holy Bogd Gegeen Jebzundamba asking for official
recognition of Mongolia’s independence. In early 1990s--the hard years of transition
from a socialist to a democratic society--the first President of Mongolia
Mr P.Ochirbat and the Prime Minister Mr D.Byambasuren sent a letter to
the Government of Japan asking for an all-around support and assistance. All of
these acts testify the sustained and lasting interest of the peoples of
Mongolia and Japan for friendship and cooperation,” Elbegdorj said.
The President
expressed gratitude to Japan and its people for the unwavering support to
Mongolia’s democracy since the very start, and thanked Japan for not only
recognizing Mongolia’s independence, but also for its strenuous support in
efforts to have Mongolia’s democracy recognized by other countries and
international organizations in Asia and the Pacific and enrolled in the
latter's membership.
“Mongolian
people’s wisdom teaches to always remember and appreciate the good others do to
you. Mongolians will never forget your helping hand, your presence at the
moments of hardship. There is one very special feature in the help and
assistance of the people of Japan. That is, Japan’s aid and support have always
been timely, relevant and apt.
"We do
always remember with warmth and gratitude that these were the people of Japan
who stretched their arms of help when Mongolia was about to freeze when our
power stations ailed and stopped; when the public transportation in Ulaanbaatar
came to sit idle, when our fire and first aid machines went out of order, when
our children had not enough schools and kindergartens to attend,” he said.
“This year sees
the end of grant aid from Japan to Mongolia. From now on our two countries are
entering a new era of mutually beneficial cooperation. The money the Japanese
taxpayers had been giving the Mongolian people were instrumental and vital in
overcoming the difficulties and challenges of development. Mongolia, which was
like a just-born foal in 1990, has grown up and matured today. In the past few
years our GDP has grown several-fold. The engine of our economic growth – the
private sector – has firmly stood up on its legs. The time has come now to
advance our bilateral economic relations to a new level, and it is precisely
within these premises that we are meeting in Tokyo today,” he went on.
"Although
Mongolia and Japan have been continuously fostering bilateral relations, the
scope of the cooperation has been very narrow and limited to merely a handful
of companies, he noted. The bilateral trade turnover comprises only some 100
million USD. The Japanese FDI to Mongolia barely reaches half a billion USD, he
said.
The he recalled
how he addressed parliament of Japan in 2010, saying ”the time has come, let’s
wake up”. “I wish to repeat those words today. We now have all preconditions
set for translating into reality those words. We have agreed to establish an
Economic Partnership Agreement. I am delighted to inform you that Prime
Minister Abe and I will sign tonight a Joint Statement affirming our agreement
to establish the Economic Partnership Agreement”.
The two
countries have been able to reach an agreement to establish the EPA after 4
years of talks. The EPA provides the legal basis and environment to boost
bilateral economic cooperation. It draws a dramatically renewed landscape for
successful and mutually beneficial economic cooperation between Mongolia and
Japan.
“Let us study
together, produce together, and market together. We have reached an agreement
with our Japanese counterparts that our governments support the efforts of our
private sectors to implement this call. Mongolia is a uniquely situated
country. We border with two countries with the largest population and with the
largest territory. Developing cooperation with Mongolia is consonant with the
aspiration to reach out to these two huge markets together,” highlighted the
President Elbegdorj.
Related:
President delivered speech
at Mongolia-Japan business forum – news.mn,
July 23
Ts.Elbegdorj
and Shinzo Abe sign a joint statement
July 23
(news.mn) Mongolia`s President Ts.Elbegdorj and Japan`s Prime Minister Shinzo
Abe had an official talk and sign a joint statement on July 22nd.
According to
the joint statement, it announced that Mongolia and Japan reached an economic
partnership agreement.
“I want to mark
that two countries reached bilateral economic partnership agreement. Now
Mongolia has become the 15th country which would sign economic partnership with
Japan.” Shinzo Abe said at a joint press conference following their summit
meeting in Tokyo on July 22, 2014.
The statement
included support for signing the agreement and cooperating to implement the
deal together. Japan also pledged to provide support for facilitating Mongolia's
exports and sustainable economic development.
President
Ts.Elbegdorj noted that summit meeting was held in very friendly
atmosphere and expressed gratitude that bilateral relations between two
countries are enriched with economic relations. President Ts.Elbegdorj
said that ”I believe bilateral economic partnership agreement would be
implemented successfully. We agreed to study, produce and sell together”.
The deal will
bring the bilateral economic relations to the new stage if the economic partnership
agreement is signed in the first quarter in 2015. And the parliaments of both
countries will decide whether or not to give approval to the agreement early
next year.
Related:
President
and Japanese PM hold official talks – Montsame,
July 23
Press
briefing called on President’s visit
Ulaanbaatar,
July 23 (MONTSAME) After the official talks and signing of the joint statement
on Tuesday, the President of Mongolia Ts.Elbegdorj and the Prime Minister of
Japan Shinzo Abe called a press briefing.
”I am earnestly
delighted to host President Elbegdorj in Japan. Mr President and I are
unanimous about the need to deepen economic relations in order to strengthen
our strategic partnership,” the Premier Mr Abe was quoted by the President's
website.
"Our
countries signed a joint statement which highlights the following three
principles. First, we commend the successful holding of talks on Economic
Partnership Agreement and reaching an agreement in principle. The
Japan-Mongolia Economic Partnership Agreement shall mark the 15th EPA for Japan
after the recently signed one with Australia. It is the first Economic
Partnership Agreement for Mongolia, and it is a very important one to elevate
our economic relations to higher levels, promoting mutually complementary
cooperation. In the near term, we shall work together to expedite the signing and
ratification of the Japan-Mongolia EPA.
"Second, I
put forward the ERCH Plus initiative, aimed at supporting industrial
diversification and export promotion in Mongolia, and the initiative was
supported. I proposed this cooperation initiative during my visit to Mongolia
in March last year. This initiative will help expanding value-added and
competitive exports.
"Third,
accepting the request to cooperate in conducting economic structural reforms
and implementing transparent and stable economic policies, Japan proposed
appointing an economic advisor. Through such a mechanism, we will be able to
contribute to Mongolia’s mid- and long-term economic policy development.
“We are
committed to strengthening mutually beneficial, mutually complementary
strategic partnership with Mongolia,” Mr Abe highlighted.
The President
Elbegdorj said:”H.E. Prime Minister of Japan Shinzo Abe and I have just held
officials talks, in nice and friendly atmosphere. I am profoundly happy that
the strategic partnership between our two countries is being fortified with
wider economic partnership content. The Economic Partnership Agreement which
the two parties agreed in principle, will provide a firm and stable legal
environment to boost bilateral economic and investment ties. In our economic
relations, we propose to explore the opportunities together, to produce
together and to aspire markets together.
"Under
this spirit, today we held a large business summit in Tokyo. Mongolian economy,
our investment environment and opportunities were widely featured at the
summit, which brought together close to 500 businessmen of the Mongolian and
Japanese private sectors.
"Mongolia’s
bilateral relations with Japan are one of Mongolia’s foreign policy priorities,
which are fully consistent with our national interests, with our development
interests."
State
Secretary of Defense Ministry visits Turkey
Ulaanbaatar,
July 23 (MONTSAME) A delegation headed by Major-General Z.Boldbaatar, the State
Secretary of the Defense Ministry, visited Turkey on July 19-23.
The Mongolian
and the Turkish sides concluded a realization of works reflected in a
cooperation memorandum of defense industrial bodies, and determined further
goals. Mongolia is ready to collaborate with Turkey in augmenting a quota of
our staffers to study in Turkey and in developing the military industries, the
Major-General said and conveyed to the Turkish side greetings of Mongolia’s
Defense Minister.
More than 150
servicemen have been educated in Turkey, two of them have been awarded the
General title, he noted.
After this, a
deputy head of the Technique-Technology and Planning Department of Turkey’s
Ministry of Defense Brigadier-General Mustafa Avci received the delegation to
introduce to them the Ministry’s structure and actions. Afterwards, the
Mongolians were informed on profiles of the companies who cooperate with
the Turkish Defense Ministry.
Deputy
Premier gives obligations to working group
Ulaanbaatar,
July 23 (MONTSAME) The Deputy Prime Minister and head of Mongolia’s side of the
Mongolia-Russia intergovernmental commission D.Terbishdagva Wednesday received
members of the working group entitled to prepare for marking the 75th
anniversary of the Khalkh River Battle Victory.
He stressed
that key aims of the anniversary are to propagandize a historical value of the
Victory of the Khalkh River Battle, to fortify the long-year friendly relations
between Mongolia and Russia, to pay tribute to war veterans, to promote the
patriotism, and to inherit the victory’s pride to the next generations.
This anniversary
will be celebrated from August 22 to September 9 of 2014. The Russian leader
Putin is expected to visit Mongolia in a first week of September.
Stock
exchange news for July 23
Ulaanbaatar,
July 23 (MONTSAME) At the Stock Exchange trades held Wednesday, a total of
3,058 shares of 18 JSCs were traded costing MNT 17 million 669 thousand and
878.50.
"Shivee
ovoo” /1,685 units/, "APU” /548 units/, "Baganuur” /228 units/,
"Kherlen khivs” /216 units/ and "Tav” /70 units/ were the most
actively traded in terms of trading volume, in terms of trading
value--"Shivee ovoo” (MNT nine million 267 thousand and 500), "UB
hotel” (MNT two million 952 thousand and 900), "APU” (MNT two million 137
thousand and 700), "Tav” (MNT one million and 470 thousand) and
"Baganuur” (MNT 829 thousand and 210).
The total
market capitalization was set at MNT one trillion 616 billion 309 million and
719. The Index of Top-20 JSCs was 16,188.22, decreasing by MNT 208.64 or 1.27%
against the previous day.
How
much is to travel abroad?
Ulaanbaatar,
July 23 (MONTSAME) The money spent by Mongolians in tourism and travels have
been calculated by City’s Tourism Department, National Center of Tourism and
the Bank of Mongolia.
The survey was
conducted randomly among seven tourism enterprises, 697 people who traveled
abroad by airplanes and 324 who traveled to China through the Zamyn-Uud border
checkpoint.
A majority of
the Mongolian travelers visited China, South Korea and Japan, others visited
Thailand, India, Singapore and Qatar. A gender ratio of the travelers is quite
balanced, most of them are people aged 30-39.
In terms of
purpose of the traveling, 44% went abroad for tours and leisure, 32%--for
business and official works, and 12%--for medical services and diagnosis.
Moreover, 13% of the all travelers organized their visits through tourism
companies, 87%--arranged everything themselves.
The Mongolians
mostly spend less than 30 days abroad, exploit approximately 1,622 US dollars
per person. The largest amount of money was spent by the travelers to the USA
and Canada, the lowest amount of cash--by travelers to Russia.
Mongolian
football team to play with Guam
Ulaanbaatar,
July 23 (MONTSAME) The national football team of Mongolia is competing in a
preliminary-round tournament of the 2015 East Asia Football Championship which
kicked off July 21 in Guam.
Other
participants are the teams of Guam, Macau and Commonwealth of the Northern
Mariana Islands. A winner will be qualified to play with the national teams of
Chinese Taipei and Hong Kong and of North Korea at the second-stage events.
The Mongolians
have already got three points by defeating Northern Mariana Islands with 4:0 at
a game on July 21. The same day, Guam and Macau ended in a draw (0:0). In
accordance with the schedule, the next opponent of Mongolia will be Guam.
After one game,
our team is leading the tournament with three points, followed by Guam, Macau
(1 point each) and Northern Mariana Islands (no point).
The tournament
will continue until July 25.
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