Mongolian cooperation with Japan and USA discussed
Mongolia, Japan and the United States held a trilateral meeting in Tokyo on April 26.
During the Japan-Mongolia-U.S. trilateral meeting that was recently held in Tokyo, participants reaffirmed the importance of the meeting as an important mechanism for the exchange of views on regional and multilateral cooperation and on mutually beneficial economic development. Japan and the United States expressed their great appreciation for Mongolia’s contributions to UN peacekeeping operations and continued stability operations in conflict zones worldwide. The three countries pledged to promote increased cooperation in multilateral institutions and coalitions, including the Community of Democracies and the UN Human Rights Council, in support of their shared values and international norms. The three countries also discussed opportunities to increase trade and make Mongolia’s business and investment climate increasingly attractive to Japanese and U.S. firms, particularly through improved transparency and predictability. Japan reconfirmed its continuing intention to engage in the international assistance package formulated by the International Monetary Fund (IMF) and expressed its hope for Mongolia’s steady efforts to keep its fiscal discipline. Japan also reiterated that the New Ulaanbaatar International Airport could be a new symbol of Japan-Mongolian cooperation and enhance connectivity between Mongolia and the international community. The United States looks forward to the signing of a second compact between the Millennium Challenge Corporation and the Government of Mongolia to increase bulk water supply and improve water sanitation in the city of Ulaanbaatar. The United States is pleased to have facilitated access to credit for Mongolian small and medium-sized enterprises through the USAID-funded REACH project and supported the development of Mongolia’s next generation of democratic leaders through the USAID-funded Leaders Advancing Democracy (LEAD) program.
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