PREMIER MAKES STATEMENT AT BUSINESS FORUM

Ulaanbaatar, Mongolia, /MONTSAME/ A Mongolia-South Korea business forum started Wednesday in the Chingis Khaan hotel under a theme “Mongolia-Korea Relations for One Asia”. A speech has been given by the Premier S.Batbold at the opening.
The Prime Minister has noted that Mongolia is being recognized not only in the region, but also around the world by its growth of economics and economic opportunities. Mongolia is one of the few countries that are successfully transmitting within a short time into the democratic, humanitarian and market economy system from the planned economic system, he said. "We aim to put advantages of mineral resources, animal husbandry and agriculture into economic circulation to create a sustainable economic growth, to ensure the human development, and to improve living standards,” S.Batbold has stressed. He has added that the Gross Domestic Product (GDP)of Mongolia is expected to increase by 15 per cent at least and that the GDP per capita will augment 2.2 times.
The Premier has pointed out the Republic of Korea is one of the countries that have wide relations in trade and investments with Mongolia, and that it is considered the third largest neighbor in the foreign policy.
S.Batbold has said Mongolia wants to widen the mutually beneficial collaboration in all spheres and to deepen the ties in the fields of humanity and culture by forwarding the good neighborhood, friendly and cooperation partnership relations.
The Premier has expressed a hope that the Mongolia-Korea business forum will become an effective measure for the both sides to forward the economic relations and share opinions on their possibilities.
B.Khuder