Special: Belt and Road Five Years
The Belt and Road Initiative (BRI) is not a geopolitical strategy but
international public goods offered by China to the world, visiting
Chinese State Councilor and Foreign Minister Wang Yi said on Thursday.
The initiative is not China's Marshall Plan, Wang said when meeting reporters with his Mongolian counterpart...
China, Mongolia agree on extensive cooperation
ULAN BATOR, Aug. 24 (Xinhua) -- Chinese State Councilor and Foreign
Minister Wang Yi said here Thursday that China and Mongolia have reached
consensus on expanding bilateral relations and cooperation.
Making the announcement at a joint press conference with Mongolian
Foreign Minister Damdin Tsogtbaatar, Wang said China appreciates the new
Mongolian...
Chinese FM meets Mongolia's parliament speaker
ULAN BATOR, Aug. 24 (Xinhua) -- Chinese State Councilor and Foreign
Minister Wang Yi here on Thursday met with the speaker of the Mongolian
parliament Miyegombo Enkhbold.
Wang conveyed greetings from Li Zhanshu, chairman of the Standing
Committee of the National People's Congress (NPC) of China, to Enkhbold.
He said China has always treated Mongolia...
Chinese FM meets Mongolian governors on local-level cooperation
ULAN BATOR, Aug. 24 (Xinhua) -- Visiting Chinese
State Councilor and Foreign Minister Wang Yi on Friday met with the
governors of five western provinces of Mongolia on how to strengthen
local-level exchanges and cooperation between the two countries.
The five provinces -- Uvs, Khovd, Bayan-Ulgii, Zavkhan and Govi-Altai
-- are adjacent to China....
China urges Mongolia to speed up FTA talks
Chinese State Councilor and Foreign Minister Wang Yi
urged Mongolia to speed up the free trade agreement (FTA) talks when he
was meeting Mongolian President Khaltmaa Battulga on Thursday.
Wang
said the two countries should expedite the talks on the signing of a
FTA, so as to bring substantial benefits to both peoples.
Chinese
Premier Li Keqiang...
China, Mongolia see great potential for cashmere trade
Li Chao Photo: Courtesy of Li Chao
Editor's Note:
Mongolia has long pushed to diversify its economy and increase the economic viability of its livestock sector, particularly its wool and cashmere business. This is also important for China. Although China...
Mongolia eager to enhance ties with EU to diversify economy
ULAN BATOR, Aug. 21 (Xinhua) -- Mongolia is keen on enhancing relations and cooperation with the European Union (EU) to diversify its mining-dependent economy, Mongolia's Parliament Speaker Miyegombo Enkhbold said Tuesday.
According to the parliament's press office, Enkhbold made the remarks when meeting with the European Union (EU) ambassador to...
K-Bank, KT team up to export internet banking to Mongolia
By Baek Byung-yeulK-Bank,
the nation's first internet-only lender, has teamed up with KT to export
its banking services to Mongolia, the company said, Sunday.
The
move is part of K-Bank's efforts to expand its business overseas. KT is
the largest shareholder of K-Bank with an 18.01 percent stake.The
bank said that in cooperation with Korea's...
Statement by the IMF Mission on the Fifth Review of Mongolia's Extended Fund Facility
August 7, 2018
End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare...
Mongolian pickpocketers arrested before fleeing country
Three Mongolian men have been arrested and faced theft charges one day before they planned to leave Thailand, police said on Thursday. Tourist and Metropolitan Police Bureau police said Indermaa Ganbold, 31, Okhinsuren Bayarsaikhan, 39, and Tseddenbal Oyunbold,...
China and Japan’s Investment Competition in Mongolia
Is the development competition between China and Japan beneficial or detrimental to Mongolia?
By Yiyi Chen
China and Japan are two of the most financially influential countries
in Mongolia’s proximity. Both have a long history of trade and
investment in the latter. Mongolia calls Japan its “Third Neighbor,”
which is a term first used in 1990...
Mongolia to support startups to diversify economy
ULAN BATOR, Aug.1 (Xinhua) -- Mongolia will support innovative
startups with tax-exemption policies to diversify its mining-dependent
economy, Minister of Education, Culture, Science and Sport Tsedenbal
Tsogzolmaa said Wednesday.
Startups will be exempt from value-added tax and import tariffs on
their high-end equipment, she said at a press conference...
