During their recent
three-day visit to Mongolia, the members of a team from the European Economic
Council discussed issues relating to renewable energy, city planning,
architecture, infrastructure and railway transportation. All these sectors have
to be developed as the mining sector expands. The visitors stressed the need
for exporting more value added natural and for strengthening domestic
entrepreneurship. A Memorandum of Understanding was signed with Mongol 999
National Union to further discuss the establishment of a large investment fund.