ID :
185645
Tue, 05/31/2011 - 16:23
Auther :

Russia, Mongolia both responsible for underdeveloped economic ties

MOSCOW (Itar-Tass) - Russian President Dmitry Medvedev
believes that both countries are responsible for underdeveloped
Russian-Mongolian economic ties and hopes for a qualitative improvement of
the bilateral trade.
"Who is to blame? I will not answer it for clear diplomatic reasons,
though both countries are responsible for far from all to be successful,"
the Russian president told a press conference after the negotiations with
his Mongolian counterpart Tsakhia Elbegdorj.
Medvedev noted that Russia's share in an overall volume of trade
cooperation with Mongolia makes 20% now. "As far as the figures of the
Soviet times are concerned it is a low percentage, if to take it in terms
of a real alignment of world economic forces it is quite good," the
Russian president believes, noting that China's share in the trade with
Mongolia reaches 50%.
"We are interested in this percentage (the volume of trade cooperation
between Russia and Mongolia) to grow, but not mechanically and certainly
not at the expense of revised prices on energy carriers," the Russian
leader pointed out.
He noted that Moscow is interested in qualitative changes in the
bilateral trade.
To attain this goal such major projects, as the Ulaan-Baatar Railway,
the development of the Tavan-Tolgoi coalmine and the nuclear industry are
needed as boosters for development, the Russian president remarked.
Medvedev stated that the bilateral trade went up sharply and exceeded
one billion dollars in 2010.
The Russian president said the country is interested in the
development of cooperation between the regions in Russia and Mongolia. The
bilateral regional cooperation accounts for 70% of bilateral trade.
Medvedev also pledged that Russia is ready to develop humanitarian
projects, including the education of Mongolian students in Russia and
Russian language courses for Mongolian citizens.
The Russian president thanked his Mongolian counterpart for
"substantiated negotiations," which, according to Medvedev, confirmed
"close friendly relations, which link our countries for many decades."

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