President Enkhbayar of Mongolia has concluded his visit to France and started his visit to Japan. On Monday President Enkhbayar and Prime Minister Shinzo Abe signed a joint action plan pledging expanded bilateral cooperation, including government talks on ways to utilize rich mineral resources in Mongolia. The two countries will expand a working group under their trade ministries to include the private sector and discuss development of Mongolia's mineral wealth, the action plan says.

"I'd like to welcome (the fact that) Japanese companies, particularly large firms, have shown interest and eagerness in developing the underground resources," Enkhbayar was quoted by a Japanese official as saying during his meeting with Abe.

He said the Mongolian parliament and government are now preparing laws concerning mining development, adding the country will welcome proposals from Japanese companies on the legislation.

Also Japan and Mongolia have agreed to cooperate on easing the North Korean nuclear standoff and help Japan achieve a seat on the United Nations Security Council. Prime Minister Shinzo Abe signed a joint statement of agreement in Tokyo with the visiting president Enkhbayar.The agreement will also see closer political, trade and cultural ties over the next decade. Mr Enkhbayar's visit to Japan comes a month after the Mongolian president agreed to relinquish its bid for a UN Security Council Seat, to allow Japan run for the post. 

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reply written by raz, March 15, 2007

GOOD LUCK JAPAN

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