The two Presidents discussed a wide range of issues from increasing business ties to Mongolian participation regional security organizations.

A Kremlin official told Itar-Tass that the parties at the Friday talks would focus on cooperation in northeastern Asia and central Asia.  

“Russia would welcome intensified activities of Mongolia as an observer in the Shanghai Cooperation Organization and active use of the possibilities of the organization to promote business cooperation with Russia, China, Kazakhstan and other SCO members,” a Kremlin official told the Itar-Tass news agency.  

The spokesmen said modernizing the Mongolian rail system, a critical component in delivering Mongolia’s mineral wealth to Russia, was also a topic for discussion. 

Referring to Mongolia’s energy wealth, the Kremlin official said, “There will also be a detailed talk on the issue of joint initiatives in the mining industry in Mongolia. Russian business circles, represented by major corporations – Basic Element, Renova, Severstal, Rosatom, Polymetall, Gazprombank – display an interest in investment projects in Mongolia, mostly in the production of such mineral resources, as coal, copper, silver and uranium,” he said.  

Also while in Moscow, President Enkhbayar will receive an honorary degree from the Gorky Literary Institute, which he graduated from in 1980. 

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