Chinese
Premier Wen Jiabao left Ulaanbaatar at 11 on Wednesday morning after spending a
program-packed 30 hours here. He held wide ranging talks with Mongolian Prime
Minister S. Batbold, called on President Ts. Elbegdorj, and met with other
national leaders.

The highlights of the visit
were the signing of seven agreements and Wen’s announcement of a fresh USD500 million soft loan, in addition to
the one for USD300 million pledged earlier. The present loan will likely be
used to set up some processing plants, mainly in the agriculture sector. 

The
agreements cover the following areas.

1.   

The
first revalidates and extends the agreement in force since 1998.  It calls for increased border trade, development
of tourism, better access through the borders, and protection of the
environment.

2.  

China
will provide 50 million yuan to be spent on projects to which both sides agree.
Another 10 million yuan will be used to modernize the Mongolian military.

3.    The
road in front of the Chinese Embassy will be called Beijing Street. It will be
repaired and rebuilt with money China pledged in April, 2008. 

4.    Customs
operations will be made more effective. The two sides will exchange information
on customs practices and violation of customs regulations. They will
collaborate against cross-border movement of narcotics and other drugs.

5.    Mongolia
will buy new locomotives with some of the USD300 million earlier promised.

6.    Some
of this money will also be used to strengthen the Infrastructure at Zamyn Uud.

7.    The
Nuclear Energy Agency of Mongolia and the National Nuclear Corporation of China
will explore areas of cooperation in the uranium sector. 

8.     Mongolians who graduate in China will be
eligible for employment in Chinese companies and Chinese who get a degree in
Mongolia will be similarly able to work here

China
will allow 500 Mongolians to study in China in the next five years, and will
also allow 60 young Mongolians to conduct brief study projects each year for
five years.

During their one-to-one talks the two Prime Ministers
exchanged views on regional and international issues such as east Asian
cooperation and agreed to continue strengthening the Shanghai Cooperation
Organization.

Batbold asked China to reduce transit transport fees to
facilitate use of Chinese ports by Mongolian goods.

Before leaving,  Wen
attended the opening ceremony of Chinese Culture Center on the 7 floor of
Central Tower.