Elbegdorj, Wen Jiabao stress economic cooperation

President Ts. Elbegdorj’s talks with Chinese Premier Wen Jiabao in Beijing focused on greater economic and trade cooperation between the neighboring countries. Premier Wen said, "We should sign economic and trade agreements to lay a solid legal basis for bilateral cooperation," especially on major industrial projects.

China and Mongolia last year celebrated the 60th anniversary of establishment of diplomatic ties. Noting that the bilateral relationship has become more mature with the years, Wen said China and Mongolia share important common interests like safeguarding of northeast Asia"s stability and coping with the international financial crisis.

Elbegdorj thanked China"s support for Mongolia"s social and economic progress and reiterated Mongolia’s commitment to the one-China policy. He said Mongolia welcomes China’s contribution to its economic development and hoped for more cooperation in transportation, processing of minerals and animal products, and disaster prevention. The Mongolian President extended his sympathies to the people hit by the quake-hit Yushu area.

Earlier on Wednesday, Elbegdorj attended a meeting of the China-Mongolia Business Forum where over 200 delegates representing Mongolian and Chinese business participated. China has been Mongolia"s largest trade partner for 11 years, Elbegdorj noted. In 2009, trade between the countries reached USD1.92 billions.

This is Elbegdorj’s first visit to China since he took office in May 2009. 
source: News.mn