PM urges more help for landlocked countries

Speaking at a round table meeting in New York last week on "Ensuring special needs of the most vulnerable countries", organized as part of the 65th session of the UN General Assembly in New York,  Prime Minister S.Batbold said Mongolia’s total expenses for transit transportation had grown to an amount equivalent to 8-10 percent of the country’s Gross Domestic Product. He cited this as an example of the severe problems a developing country faced if it was landlocked. Mr. Batbold said that the seaport nearest to Mongolia was 1,500 km away, in China.
He also described how the global climate change had affected Mongolia's economy, particularly the traditional livelihood of its herdsmen. "Deprived by death of livestock of their only source of living, herdsmen are leaving the countryside and moving to cities, to make a new life in conditions they are not used to. Mongolia needs to create jobs and we repose a lot of hope in the mining sector. For this, we have to arrange for extensive vocational training," Mr. Batbold said.
He urged international support to enable developing and vulnerable countries take up programs to develop small- and middle-sized businesses.
In New York, the Prime Minister also met delegates of the Millennium Challenge Corporation (MCC) headed by Chief Executive Officer Daniel Yohannes, and asked them to consider raising the number of local businessmen participating in MCC projects, and to see if present programs can be speeded up so that new ones can begin before the MCC project ends.
The Business Council of Mongolia aims to advocate increased trade and investment in Mongolia and serve as a forum for dialogue on the important business climate issues. Join us at the Business Council Mongolia Official Website
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