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President Kh.Battulga addresses Eastern Economic Forum in Vladivostok
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On September 5, President
of Mongolia Kh.Battulga delivered a speech at the plenary session of the fifth
Eastern Economic Forum held in Vladivostok, Russia. President of Russia
Vladimir Putin, Japanese PM Shinzo Abe, Prime Minister of India Narendra Modi and
Malaysian PM Mahathir Mohamad participated in the session.
Commending the annual Eastern Economic Forum as a prestigious
platform for world leaders from various fields to get together for partnership
to reinforce regional economic growth in the Far East region and the Asia
Pacific, the President Kh.Battulga conveyed his ideas on solutions for
accelerating economic growth, one of the key topics of the forum.
“The people, connected to each other with various types of
networks and able to exchange information and knowledge, are demanding from us
greater responsibilities, economy growth, poverty reduction, and rapid
development. Adequate solutions of science, technology and economic, such as
shared economy, connectivity and resource utilization/optimization are
available to create favorable livelihood conditions for the people. I call for
all of the guests brought together here to exchange views on all kind of
measures to alleviate or manage restrictions and barriers to introduce those
solutions into life”.
Mentioning about the new partnership of Comprehensive Strategy
brought by Mongolia and Russia during the Russian President’s recent visit to
Mongolia, the Mongolian President expressed his willingness to make the
economic cooperation between Mongolia and Russia a model partnership. He then
thanked for the Russian side for their support on formulating proper legal
environment for Mongolia to conduct transit transportation with facilitated
terms taking the special geographical location of Mongolia into account.
After talking about the proposal to study the possibilities to
establish a free trade agreement between Mongolia and Eurasian Economic Union
within its policy to boost trade, economic and investment cooperation with the
regional states, President Kh.Battulga informed about the ongoing program to
build the economic corridor of Mongolia, Russia and China with a view to take
an active part in the regional economic integration.
During his remarks, the President of Mongolia noted about the
achievements of Mongolia within the plan to establish an organization
responsible for the coordination of the East Asian Energy Network project. The
four largest energy consumers in the world locate in the Northeast Asia and as
Mongolia has a potential to provide them with cheap and reliable energy, the
proposed network is deemed to have a great impact on the regional economic
competition, enabling more accessible and affordable energy supply.
In conclusion, President Kh.Battulga remarked that Mongolia has
its door open for potential investors and partners to work with Mongolia, and
mentioned that Mongolia makes efforts to increase trade turnover with its
partner countries, create favorable legal conditions for them and adheres to a
policy to bolster value added exports. Last but not least, he affirmed the
common goal of the participating countries to develop trust based cooperation
to maintain regional peace and stability.
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