The regular meeting of the General Council of Mongolian-Russian Ulaanbaatar Railway JSC convened in Ulaanbaatar on December 11th.

The late night meeting is to continue for its second day today, to discuss the key agenda items. General Council members representing Mongolia and Russia are discussing issues on the JSC's fulfillment of financial planning in 2014, a transport and shipment plan for 2015, and technology innovation in Ulaanbaatar Railway.

There is speculation that the appointment of a new head of Ulaanbaatar Railway JSC, replacing current Acting Head G.Sereenendorj, may take place. But a reliable source commented on the appointment issue, confirming, “The appointment is not included on the list of issues to be discussed.  The General Council is now talking about the scheduled issues.”

The General Council of Ulaanbaatar Railway JSC is comprised of members who represent the Russian side, Head of the General Council of Ulaanbaatar JSC and the First Vice President of Russian Railways V.N. Morozov, Deputy Minister of Transport of Russia A.Tsydenov, and a representative of Russian Railways to Mongolia V.V.Morozov; and from Mongolia, Chairman of the Coordinating Department of Railway and Maritime Policy of the Ministry of Roads and Transport Yo.Manlaibayar, Director of Economic Partnership and Aid Policy Department at the Ministry of Economic Development D.Boldbaatar, and President of Mongolian Railroader's Association G.Vandandagva.