Mongolia and Russia to expand cooperation in transport sector

Politics
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2018-11-20 14:38:37

Ulaanbaatar /MONTSAME/ Minister of Road and Transport Development Ya.Sodbaatar is attending ‘Transport week 2018’ international forum and exhibition taking place in Moscow, Russia at the invitation of his Russian counterpart Ye.I.Dietrich.

On November 19, the Transport Ministers had an official meeting where they exchanged views on wide range of issues on bilateral cooperation in transport sector.

The sides agreed to pay special attention on implementation of development projects and activities which were reflected in the Agreement on Reform of the Ulaanbaatar Railway Joint Venture and Development Strategic Partnership established between the Mongolian Ministry of Road and Transport Development and Russian Railways JSC.

They also highlighted that there is room for development of bilateral cooperation in transport field within multilateral cooperation. In particular, the parties pointed out that validation of Mongolia-Russia-China intergovernmental agreement on International Road Transport along Asian Highway Network last September is giving impetus to mutually beneficial cooperation among the three countries in road and transport sector, creating new opportunities.

Today, Minister Ya.Sodbaatar will attend enlarged session of the forum while visiting the exhibition that promotes activities of Russian companies in transport sector and meeting with O.V.Belozyorov, CEO and Chairman of the Executive Board of Russian Railways JSC.

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