2014/09/05

Railway modernization and expansion deal signed - End to long dispute?


On September 3, during the course of the Russian President V.Putin's 5-hour working visit to Ulaanbaatar, Mongolia and Russia have agreed on a strategic partnership for the modernization and development of railway infrastructure in Mongolia. General public received the news as it may be an positive end to a long-disputed new railway development project.

2014/07/26

Koreans Move in Mongolia's Energy Sector



Mongolia is a member of the Northeast Asian Energy Cooperation Initiative, promoted by South Korea since 2001, together with South Korea, North Korea, and Russia. The initiative brought notable cooperation in the energy sector that established Gobitech -Asian Super Grid project. At the forum, co-hosted by the intiative and the Government of Mongolia, the President of Mongolia delivered a speech at the forum about substantial resource of renewable energy in Mongolia's southern Gobi region. The Gobi Desert is estimated to be the third largest potential source of solar energy in the world and also experiences steady, strong wind speeds making it ideal for both technologies.

2014/07/22

Mongolia’s tango with Pyongyang

A Dutch opinion maker Jort van Oosterhout wrote "Mongolia's Tango with Pyongyang" at the NKnews.org, an independent web site headquartered in the US focused on North Korea. The article was also translated and published on News.mn here.

On May 23 Mongolia provided North Korea and the United States neutral ground in its capital for track 1.5 meetings. Presumably, North Korea’s chief nuclear envoy met with two former U.S. State Department officials to discuss resumption of the Six Party Talks, which have been at a complete standstill since 2009. Ulaanbaatar has been keen on normalizing Pyongyang’s fractious relations with its adversaries and assist its Soviet-era ally in implementing economic reform. In this way, Mongolia has unveiled an alternative strategy that could incrementally reconfigure Pyongyang’s behavior, offering the U.S. some lessons for its failing North Korea policy.

Mongolia Japan will sign economic partnership agreement

President Ts.Elbegdorj at Mongolia Business Forum in Tokyo. Photo source:  News.mn
President of Mongolia Ts.Elbegdorj said at the Mongolia Business Forum held in Tokyo that two countries officials have concluded to sign bilateral economic partnership agreement (EPA) in the nearest future. Since 2012, Mongolia has engaged negotiations with Japan to sign EPA in the areas of trade in goods, investment, trade in services, intellectual property, e-commerce, rules of origin, customs procedures, competition, cooperation, dispute Settlement, sanitary and phytosanitary measures (SPS) and technical barriers to trade (TBT). The forum was attended by around 130 business representatives from Mongolia. 

2014/07/21

SCO membership in sight for Mongolia — China's FM

Mongolia has held an observer status in the Shanghai Cooperation Organization for the last 10 years
BEIJING, July 11. /ITAR-TASS/. After ten years as an observer state, Mongolia may become a full member of the Shanghai Cooperation Organization (SCO), comprising states in Eurasia and East Asia, Chinese Foreign Minister Wang Yi said.
“We have great prospects for the development of the SCO,” Wang Yi told a reception in Beijing on the occasion of the 13th anniversary of the organization’s foundation. “There are currently five observers and three dialogue partners in the organization.”
“We have received a message from the Mongolian prime minister on the occasion. Although we have not scrutinized the contents of this message yet, we regard it as a good signal,” he added. “Ten years have passed, and it is time to consider preparations for granting Mongolia a status of a full-fledged member of the SCO.”
Founded in 2001, the Beijing-based Shanghai Cooperation Organization is composed of Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan. The security organization consolidates efforts to counter terrorism and radicalization in member-states, and also works in other spheres such as politics and trade.
Afghanistan, India, Iran, Mongolia and Pakistan have observer status, while Belarus, Sri Lanka and Turkey are described as 'dialogue partners'.

Source: http://en.itar-tass.com/world/740163