Mongolia and China cooperation council met in Beijing

Oyundelger 2017-04-28 06:04

Politics

The sides discussed the collaboration approaches towards the implementation of Tavantolgoi project together with Shenhua Group and establishment of copper smelting plant.

Mongolia and China cooperation council met in Beijing. The sides discussed the collaboration approaches towards the implementation of Tavantolgoi project together with Shenhua Group, production of synthetic natural gas and establishment of copper smelting plant, construction of railways and increasing the number of air gates and border stations. It also discussed the expanding an agreement term of CNY swap with the People’s Bank of China and increase its amount. During the meeting Mongolia expressed its preparedness to collaborate with China in implementation of big projects that are indicated in the Government action plan. Mr. Ning Jizhe, the Vice Chairman of National Development and Reform Commission of the People’s Republic of China noted that Mongolia has been a trusted cooperation partner for a long time and the two countries have great possibilities and capabilities in the economic and investment sector.