PREMIER ADDRESSES INTERNATIONAL FAIR IN CHINA

Ulaanbaatar /MONTSAME/ With the official visit to the People’s Republic of China (PRC), the Prime Minister N.Altankhuyag Wednesday delivered a speech at the 14th Western China International Fair.

The fair is taking place in Chengdu city of Sichuan province, bringing together representatives of five countries, with a theme "Balanced development and common prosperity".

Noting that the Asian region and its countries have been provided with a balanced condition of developing themselves, the Prime Minister said he is satisfied with China’s leadership in that developmental step.

"The place accumulating the latest knowledge and information always gather the world’s scholars and manufacturers, producing valuable initiatives and proposals. As the Premier of China's neighbor country, I see this region as a big chance for a development," Mr Altankhuyag emphasized.

The Premier also said China has been the largest partner of Mongolia's trade and investment for over a decade, and that the countries lifted their relations into a strategic partnership. "There are many projects and programmes the countries plan to co-implement in the infrastructure, mining and energy fields, so the western region of China has been forming opportunities to boost the mutually-beneficial collaboration with southern and western regions of Mongolia," he said.

He went on that Mongolia can be a reliable partner for those willing to run business in Mongolia, which is guaranteed by the newly adopted law on investments initiated by the government. This law has made the process of investments registration more prompt, abolishing bureaucracy in it, he underlined.

Ending his speech, the Premier stressed that there are many business opportunities in Mongolia in the sectors such as agriculture and light industry, and that Mongolia also has a willingness to develop win-win cooperation with businessmen.

SOURCE OF THIS ARTICLE : Montsame.mn

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