The Kremlin has reiterated its pledges to implement sizable infrastructure development projects in Mongolia in an attempt to boost bilateral economic ties. Last month, Russian Prime Minister Vladimir Putin visited Mongolia, urging the country to create new major joint ventures and develop agricultural cooperation. He also stated that both countries will shortly conclude an agreement on joint uranium mining.
In response, Prime Minister Sanjaa Bayar said Mongolia also aimed to develop nuclear cooperation with Russia. He suggested that Russian agricultural loans to Mongolia might be extended on similar terms offered by international financial organizations. Bayar proposed speeding up the creation of a bilateral joint venture to mine uranium in Mongolia. He also said that Russian Chief of the General Staff Army-General Nikolai Makarov had recently traveled to the country to discuss military ties, including the modernization of the Mongolian army.
During Putin's visit, five agreements were signed on nuclear, transport and agricultural cooperation.
Russia boosts Mongolia ties
Posted by Tamir 285 days ago (http://www.atimes.com)
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