Prime Minister S.Batbold led the Mongolian delegation at the annual three-day BFA Conference at the island resort of Boao. The theme this year was Green Recovery: Asia’s Realistic Choice for Sustainable Growth. Several Asian countries, including China and India, have managed economic growth, but sustaining this is still an issue. Over three days, participants debated Asian economic opportunities as the region moves towards low-carbon energy consumption.

The talks ranged widely from global economic governance, financial regulation and trade to regional financial cooperation in Asia, intra-Emerging Markets cooperation and rethinking over Asia’s growth paths. In catering to the needs of the business community, sessions were designed to address merger & acquisition, counter-cyclical strategies, deregulation, corporate governance, etc. in the post-crisis era.

The Prime Minister made a presentation on Mongolia’s commitment to a green economy as it goes for expansion of the mining sector.

PM holds talks with world leaders

Prime Minister S.Batbold held talks with the Prime Minister of Denmark Lars Lakke Rasmussen and the Second Vice-President of Afghanistan Mohammad Halili on the sidelines of the Boao meeting in China that ended yesterday. He thanked Denmark for its consistent support to Mongolian as it moved to democracy and the free market and for the help provided by Danida to various development programs. He called for help to implement European standards in Mongolia. Rasmussen expressed his confidence that bilateral ties will continue to improve.

At the other meeting too, the two leaders discussed development of bilateral relations.