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Mongolia pledges to participate in Asian development |
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Tuesday, 04 September 2007 |
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Mongolia said it would join
other northeast Asian countries in creating joint regional development
projects.
Attending the Northeast Asia
Investment and Trade Expo on Sunday in Changchun, China, Enkhsaikhan
Mendsaikhany, deputy primer minister of Mongolia said Mongolia would
participate in the joint infrastructure improvements to assist neighboring
countries in reaching economic goals.
China announced plans to rebuild
its old northeast industrial base in 10 to 15 years. At the same time,
Russia said it would be investing over $22 billion in projects in its
far eastern provinces.
The goal of the conference
was to reach agreement among those countries involved to seek regional,
rather than only national interests, as it determines how to invest
in the future.
Countries attending the conference
included Mongolia, China, Russia, South Korea, North Korea and Japan.
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