Bilateral cooperation to be expanded with Germany
During his visit to Germany from October 12 to 15, Prime Minister of Mongolia Oyun-Erdene met German Chancellor Olaf Scholz and agreed to deepen and expand bilateral cooperation
During his visit to Germany from October 12 to 15, Prime Minister of Mongolia Oyun-Erdene met German Chancellor Olaf Scholz and agreed to deepen and expand bilateral cooperation between the two countries. Premier L.Oyun-Erdene, in specific, voiced his desire to increase energy and infrastructure cooperation, before expressing his interest in exchanging experiences in the areas of defense and culture. He asked the German side to actively cooperate in the development of the energy sector and major infrastructure and investment projects and programs that were discussed at the G7 Summit such as the Tavan Tolgoi Power Plant Project and Thermal Power Plant No. 5 Project. During the talk, the parties exchanged detailed views on the goal of bringing Mongolia’s road transport and public transport reforms to European standards. They agreed to establish an official passenger and freight transport agreement between the two countries in the near future and operate a bilateral joint working group. They also discussed cooperation for supporting private sector production and export-oriented businesses and exchanged views on global geopolitical tensions. The prime minister stressed that both Germany and China could help negotiate a peaceful outcome to the conflict. Scholz highlighted that Germany seeks to strengthen ties to Mongolia, citing the country’s wealth of key commodities such as copper and rare earth elements. “Mongolia will become an important partner for many raw materials in our diversification strategy. Now, we need to identify concrete projects and ensure legal certainty for investments,” he added. Furthermore, the sides agreed to start joint research work related to the implementation of the semi-processing of rare earth elements. Prime Minister L.Oyun-Erdene expressed his confidence that the visit will be an important impetus to bring Mongolia-Germany relations and cooperation to a new level. The parties agreed to organize high-level visits within the framework of the 50th anniversary of the establishment of diplomatic relations between the two countries, which will fall in 2024.
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