Leading enterprises from Mongolia and China to convene in Ulaanbaatar

Ulaanbaatar /MONTSAME/. China and Mongolia are friendly neighbors linked by rivers and mountains, enjoying profound traditional friendship. The two countries maintained good cooperation in various fields. Both countries announced the establishment of a comprehensive strategic partnership in 2014. This year marks the 70th anniversary of the establishment of diplomatic relations between China and Mongolia. Over the last 70 years, the two countries have been living in amity and cooperation and making progress together, becoming a good model of state-to-state relations. At the invitation of the Ministry of Foreign Affairs of Mongolia, Boao Forum for Asia (BFA) plans to hold its first ever event in Mongolia from August 19 to 20 - Boao Forum for Asia Ulaanbaatar Conference at the Shangri-La Hotel in Ulaanbaatar under theme “Concerted Action for Common Development in the New Era”. The Conference aims at helping Chinese entrepreneurs better understand the business environment and related policies of Mongolia and implementing the important consensus reached by top leaders of the two countries which will provide greater opportunities for economic and trade cooperation between China and Mongolia and Asian countries at large. Damdin TSOGTBAATAR, Minister for Foreign Affairs of Mongolia, LI Baodong, Secretary-General of BFA, XING Haiming, Chinese Ambassador to Mongolia, Armida Salsiah ALISJAHBANA, Executive Secretary of the UN ESCAP, Byambasaikhan BAYANJARGAL, Chairman, The Business Council of Mongolia, and MENG Xiaosu, Vice-President, China International Council for the Promotion of Multinational Corporations, will attend and address the conference. Sessions such as “Business Opportunities: Investment Climate in Mongolia”, “Business Leaders Dialogue Face-to-Face”, and “Mongolian Enterprises Visiting” will bring together leading enterprises from China and Mongolia and tap cooperation potentials. The interactive parallel sessions will discuss topics such as “New direction: Aligning with ‘Belt and Road’ & ‘Development Road’”, “Connectivity: Expanding horizons into regional cooperation”, and “Common goal: Green development”. The vision of this conference is to build consensus and provide intellectual support for Mongolia to better align its development strategy with regional initiatives, and ensure the stable and sustainable cooperation along the “Belt and Road” routes to benefit local and regional people. BFA was inaugurated in Boao, Hainan Province, China by 29 Asian-Pacific countries including China and Mongolia at 2001. The BFA is dedicated to promoting Asian countries to achieve common development through further integration of regional economy. Each spring, the BFA holds its Annual Conference in Boao, bringing together senior government officials, corporate leaders and insightful scholars and experts from Asia and other parts of the world for an intensive brainstorming on the most pressing issues of the world and emerging economies in Asia. Other than the flagship event – BFA Annual Conferences, BFA also holds overseas conferences, forums and symposiums in collaboration with its partners throughout the year. This is the second overseas conference held by BFA in Asia this year following the Manila Conference. For more information on the tentative agenda, visit here. Source: BOAO Forum for Asia