PREMIER ADDRESSES MONGOLIA-UAE BUSINESS MEETING

Ulaanbaatar /MONTSAME/ While in the United Arab Emirates (UAE) with the working visit, the Prime Minister of Mongolia Ch.Saikhanbileg addressed Tuesday a Mongolia-Emirates business meeting at Dubai Chamber of Commerce and Industry. He said he is in the UAE to expand the bilateral business collaboration and political ties and to create a freight forwarding center in Mongolia. He expressed a satisfaction with signing of the construction plan on exploitation of an underground mine of the Oyu Tolgoi, together with the Rio Tinto Group. "Mongolia is wealthy in natural resources like the UAE. Currently, Mongolia exploits some 80 kinds of natural resources. We can learn many things from the UAEm for example in a proper exploitation of the natural resources and in establishing a fund from the benefits of natural resources," Mr Saikhanbileg said. The Premier also pointed out that he will present to the UAE the biggest and best projects and highlighted an importance of boosting mutually-beneficial cooperation between businessmen of the two countries.