President Ts. Elbegdorj’s talks with Chinese Premier Wen Jiabao in Beijing focused on greater
economic and trade cooperation between the neighboring countries. Premier Wen said,
“We should sign economic and trade agreements to lay a solid legal basis
for bilateral cooperation,” especially on major industrial projects.

China and Mongolia
last year celebrated the 60th anniversary of establishment of diplomatic ties. Noting
that the bilateral relationship has become more mature with the years, Wen said
China and Mongolia share important common interests like
safeguarding of northeast Asia“s stability and
coping with the international financial crisis. 

Elbegdorj thanked China“s
support for Mongolia“s
social and economic progress and reiterated Mongolia’s commitment to the
one-China policy. He said Mongolia
welcomes China’s
contribution to its economic development and hoped for more cooperation in
transportation, processing of minerals and animal products, and disaster
prevention. The Mongolian President extended his sympathies to the people hit
by the quake-hit Yushu area.

Earlier on Wednesday, Elbegdorj attended a meeting of the China-Mongolia
Business Forum where over 200 delegates representing Mongolian and Chinese
business participated. China
has been Mongolia“s
largest trade partner for 11 years, Elbegdorj noted. In 2009, trade between the
countries reached USD1.92 billions.

This is Elbegdorj’s first visit to China since he took office in May
2009.