MONGOLIA AND CANADA WILL ORGANIZE ROUNDTABLE MEETING

Ulaanbaatar /MONTSAME/ This measure will run within this year in Ulaanbaatar. The sides are expected to propose collaboration ways in economic and mining spheres and focus on expansion of the further cooperation. Mongolia’s Minister of Mining D.Gankhuyag discussed this matter with Mr Joe Oliver, the Canadian Minister of Natural Resources, and with Mr Ed Fast, the Minister of International Trade, during an international forum of mining investors held this month in Canada. Mongolia and Canada have many similarities in nature, climate, social system, law governance and natural resources. Both countries’ economies are based on the mining and agricultural sectors, so these features are to play important role in boosting the bilateral relations and cooperation, the Ministers emphasized. The Canadian side has also expressed its proposal to establish an agreement to support investments.