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PM J.Erdenebat takes part in St.Petersburg International Ecomomic Forum www.montsame.mn

 
Ulaanbaatar /MONTSAME/ Prime Minister J.Erdenebat is taking part in the St.Petersburg International Economic Forum on 1-3 June in Sankt-Peterburg, Russia. At the opening meeting of the forum, UN General Secretary and Prime Ministers of Mongolia, Gabon and Serbia made speeches.
 
Mongolia's PM J.Erdenebat noted “- Since its inception by the initiative of President of the Russian Federation V.V.Putin, the St.Petersburg International economic forum has become a platform for exchanging views on pressing issues of international and regional economy, investment and businesses with participation of government heads of countries and business representatives. I consider, it is making contributions to lay a foundation for coordinating the future development of countries, cooperation and ensuring sustainable development of countries within the framework of cooperation. Russian has been a giant bridge connecting Europe and Asia historically, culturally and geographically and today’s forum is proof of it”.
 
“- Our development path has not been always smooth. Although we are faced with difficulties and challenges by failing and succeeding, every person and government of countries are keen to go forward optimistically with full of hope for the future ahead.
 
However, development path and possibilities given to world countries are not same. For example, Mongolia is a landlocked developing country and there are over 30 countries like our country. Small island countries also have troubles. I express my gratitude to the UN for understanding the situation of these countries with peculiar troubles and working for them by developing supportive policy. One way for going out of the difficulties, I think, is the relationship and cooperation between the regional countries. These issues were touched upon during the recent “Belt and Road” summit in China. Heads of Mongolia, Russia and China met and reached an agreement regarding the establishment of economic corridor connecting the three countries. It is a step to restore the ancient historical tradition of ‘Silk Road’, which had created a wide network connecting Asia and Europe by then-merchants and traders.
 
Furthermore, the goal to establish an economic corridor connecting the three countries by coordinating the initiatives of ‘Development path’ of Mongolia, ‘Belt and Road’ of China and Eurasian Economic Union progress will not be restricted within the three countries. Investment and active participation of world leading economies with cutting-edge technologies are greatly required for the infrastructure to be established in our country within this framework and I hope you will take it into your consideration.
 
Our country has many advantages, including having huge natural resources, enormous renewable energy reserves, vast fertile territory and skillful personnel as well as bordering with two countries with the world's biggest markets.
 
Today, we are enduring economic, budgetary and financial difficulties, however, with assistance from organizations of multilateral cooperation, including International Monetary Fund and other countries, we strive to achieve goals to balance macro economy, create growth and restore trust of foreign and domestic businessmen and investors.
 
I invite Russian investments, businesses and technologies. We have a wide cooperation opportunity in the development of a number of areas, such as infrastructure and agriculture. Particularly, I call upon to cooperate and invest in sectors vital to us, including railway and energy. Herder families of Mongolian steppe never lock their homes and they even have a tradition to leave the door open with prepared meal for unexpected guests during their absence. In accordance with this tradition, our door will be always open to you all” he said.


Published Date:2017-06-02