Japan, Mongolia agree to cooperate on resource development

TOKYO —

Japan and Mongolia agreed Thursday to closely cooperate with each other in the development of mineral resources and energy in Mongolia through technology transfer and investment, Japanese officials said. Chief Cabinet Secretary Yoshito Sengoku met with visiting Mongolian Mineral Resources and Energy Minister Dashdorj Zorigt and briefed him on Japan’s new growth strategy that features exports of technology, finance and personnel training know-how.

Zorigt called for a closer partnership between Japanese and Mongolian private-sector businesses and sought investment and the transfer of environment-friendly Japanese technologies in tapping his country’s rich mineral resources such as coal and uranium. Later in the day, the Mongolian minister also met with Foreign Minister Katsuya Okada to talk about cooperation in resource development.

Source:www.japantoday.com