Ulaanbaatar, 10 August 2022 (TDI): Chinese Foreign Minister and State Councilor Wang Yi and the Foreign Minister of Mongolia, Batmunkh Battsetseg jointly met in Ulaanbaatar on Tuesday.

Chinese Ambassador to Mongolia Wenrui Chai said in a tweet that China’s visit to Mongolia was very successful. Chinese embassy will work intensively to meet all the agreements made during the meeting, a reality.

Wang Yi said that in the two years since his last trip to Mongolia, he has seen positive improvements in Ulaanbaatar. China is quite pleased with Mongolia’s quick development and is looking forward to its growth.

New Areas of Cooperation between China and Mongolia

China and Mongolia reached a broad consensus during the meeting. Both sides agreed to work towards common development with a shared future.

Both states are ready to enhance collaboration to fulfill three goals. The first one is Road Initiative and Mongolia’s Steppe Road Program.

The second one is the Global Development Initiative and Mongolia’s New Revival Policy. The third is China’s “two-step” development strategy and Mongolia’s long-term development vision.

To maintain the stability and constant flow of the industrial and supply chains, the two sides decided to intensify their border cooperation.

The Memorandum of Understanding (MOU) on the cross-border railroad connection initiative linked the two states at the Gants Mod. It will be essential in assisting Mongolia in furthering its opening-up and achieving rapid growth.

The two parties decided to coordinate their efforts to advance the Erdeneburen hydropower project.

To better serve the Mongolian people, the two sides aim to support the rapid implementation of livelihood projects. These projects include shantytown renovation, sewage treatment plants, and meat processing plants.

China and Mongolia strengthen bilateral cooperation

The two sides reinforced their mutual respect for one another’s sovereignty, core interests, independence, and territorial integrity.

China supported Mongolia in preserving stability and pursuing a development path consistent with its national circumstances. China appreciated Mongolia’s support for the one-China principle.

Both states also agreed to work on counter-desertification. China hopes that both parties would cooperate in protecting the greenery of the shared environment and the blue sky and land.

Both sides agreed to promote cooperation in several areas such as infrastructure, energy, investments, technology, and many more.

They also agreed to continue cooperation to protect the lives of people and combat the COVID-19 pandemic.

China and Mongolia also agreed to secure their common interests and strengthen coordination in international and regional affairs.