First Deputy Prime Minister N.Altankhuyag yesterday received Chinese Ambassador to Mongolia Yu Hongyao, regarding the end of the his official duty. Ambassador Yu Hongyao thanked N.Altankhuyag for receiving and noted Mongolian and Chinese bilateral ties have developed in many spheres during the past three years. He added that there is much work to the two countries development collaboration especially Chinese Government will support if Chinese companies will take activity in the case of mutually beneficial cooperation. We have traditional ties in language, culture and customs because of neighborhood. Therefore, it is crucial to consider the mutual benefit and cooperation development, Ambassador noted.

N.Altankhuyag expressed that during Ambassador’s term the two countries collaboration was developed in fields including the construction of Sport Palace and Professional Monitoring Agency building. Economic indications were also improved. N.Altankhuyag stated the significance of Ambassador’s support to all achieved successes of bilateral cooperation and urged to develop it further.

Ambassador Yu Hongyao conveyed his hope that Mongolia will conclude an agreement of working force policy because the issue had difficulty in the past. Also he offered Mongolia to pay attention to foreign investors’ stability and law would be reflected in the issue along mutual benefit.

The First Deputy Premier said the Government of Mongolia announced 2011 the year to support employment that is why the Government pays attention to train professional workers and to develop domestic labor force. The proper policy will be processed on foreign professional workers in accordance to legislation basis. He thanked to Ambassador for offering the two countries cooperation and wished future work success.