President Ts.Elbegdorj addresses SCO Summit attendees

President Ts.Elbegdorj speaking at the SCO summit

The President of Mongolia participated in the 2017 Council of the Heads of State summit of the Shanghai Cooperation Organisation (SCO), which was held on June 8-9 in Astana, the capital of Kazakhstan.

In his speech at the summit, President Ts.Elbegdorj congratulated India and Pakistan for joining the SCO as full members on June 9, and stated that he hopes the expansion of the SCO will be of significant importance for creating new political and economic opportunities, and for addressing regional issues.

He noted that since becoming an SCO observer state, Mongolia has been actively participating in the summits of state and government leaders and other events, making contributions to the SCO.

The President stated that Mongolia is concentrating on implementing an economic corridor program under Mongolia’s Development Road Project, China’s Belt and Road Initiative, and Russia’s cooperation mechanisms implemented through the Eurasian Economic Union. He emphasized that there is an opportunity to establish the shortest, safest, and the most cost effective infrastructure for transit between Russia and China through Mongolia, connecting Asia and Europe.

He said that if the Economic Corridor project is implemented in Mongolia, great opportunities will be opened up for investors, and called on the heads of the countries in attendance of the SCO summit to support the launch of the project.

President Ts.Elbegdorj highlighted that Mongolia is collaborating with Russia and China to develop an energy infrastructure network. He called on the summit’s attendees to collaborate with Mongolia in implementing mutual beneficial and environmentally friendly energy projects to help Mongolia join the Asia-Pacific Regional Energy Hub, as Mongolia has great solar, wind, and hydroelectric energy resources.

He told the world leaders that Mongolia has an interest in developing its cooperation with SCO states in science, education, healthcare, the environment, natural disaster reduction, and agricultural projects, as well as in fighting terrorism and drug trafficking.

During the summit, President Ts.Elbegdorj held a meeting with President of the Russian Federation Vladimir Putin to discuss bilateral cooperation. President Ts.Elbegdorj stated that Russia has invested in Mongolia in a wide range of sectors, but there have been some of issues that have not been resolved. He noted that he hopes these issues will be dealt with soon. President Putin noted that the two countries have opportunities to develop further cooperation.

While in Kazakhstan, President Ts.Elbegdorj also attended the opening ceremony of Astana EXPO2017.