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China-Mongolia mining cooperation ushered in a major opportunity! Do you want to go to Mongolia to mine together?
The Joint statement shows that the two sides agreed to continue to actively transform the good political relations between China and Mongolia into a driving force for cooperation, make good use of the advantages of geographical proximity and economic complementarity between the two countries, and strive to promote and expand mutually beneficial cooperation. it will really benefit the two countries and their people. The two sides will focus on post-epidemic economic recovery, make good use of the three major engines of the joint construction of the "Belt and Road" initiative and Mongolia's "Grassland Road" development strategy, the global development initiative and Mongolia's "New Revival Policy", and China's "two-step" development strategy goal and Mongolia's "Vision 2050" long-term development policy to expand trade, investment, finance, mineral energy, infrastructure, digital economy, green
according to the xinhua news agency,On the afternoon of November 28, President Xi Jinping held talks at the Great Hall of the People with Mongolian President Khori Le Suh, who was on a state visit to China.
The two sides issued the joint statement of the People's Republic of China and Mongolia on promoting comprehensive strategic partnership in the new era, and agreed to work together to promote modernization and make efforts to build a community of common destiny of peaceful coexistence, mutual assistance and win-win cooperation.
The Joint statement shows that the two sides agreed to continue to actively transform the good political relations between China and Mongolia into a driving force for cooperation, make good use of the advantages of geographical proximity and economic complementarity between the two countries, and strive to promote and expand mutually beneficial cooperation. it will really benefit the two countries and their people. The two sides will focus on post-epidemic economic recovery and make good use of the three engines that link the Belt and Road Initiative with Mongolia's "Prairie Road" development strategy, the Global Development Initiative with Mongolia's "New Revival Policy", and China's "Two-Step" development strategy with Mongolia's "Vision 2050" long-term development policy,We will expand cooperation in trade, investment, finance, minerals and energy, infrastructure, digital economy and green development.
The Joint Statement states that,The two sides agreed to continue to play the role of mechanisms such as the China-Mongolia Joint Committee on Economy, Trade, Science and Technology, and the China-Mongolia Mining Energy and Connectivity Cooperation Committee,Actively implement the newly revised "China-Mongolia Economic and Trade Cooperation Medium-term Development Program", formulate the "the People's Republic of China Government and Mongolian Government Investment Cooperation Development Program", and strive to increase the trade volume between the two countries to 20 billion US dollars at an early date,Support enterprises of the two countries to expand trade in coal, iron ore and agricultural products in accordance with market principles and commercial rules, support enterprises of the two countries to sign medium-and long-term coal trade agreements, and promote the construction of the China-Mongolia Erenhot-Zamyn Uud Economic Cooperation Zone.
According to the Joint StatementThe two sides agreed to make connectivity and energy cooperation one of the priority directions of China-Mongolia cooperation. The two sides will speed up cooperation in infrastructure and mining energy resources projects such as railways, highways and ports between China and Mongolia, and build demonstration projects in the field of clean energy,and comprehensively upgrade the scale, quality, and level of sino-mongolian economic and trade cooperation. The two sides will actively promote the construction of the agreed cross-border railway and open up new channels for interconnection at an early date.
The Joint Statement statedThe two sides made positive comments on the sixth meeting of the heads of state of China, Mongolia and Russia and the results of cooperation among the three countries, and agreed to work with Russia to step up efforts to promote the construction of the China-Mongolia-Russia economic corridor, speed up the feasibility study on the upgrading, transformation and development of the middle route railway of the China-Mongolia-Russia economic corridor, and actively promote the Sino-Russian natural gas pipeline transit project in Mongolia.
After the talks, the two heads of state jointly witnessed the signing of a number of bilateral cooperation documents on economy and trade, investment, customs, and desertification control, includingMemorandum of understanding between the Ministry of Natural Resources of the People's Republic of China and the Ministry of Mining and Heavy Industry of Mongolia on cooperation in the field of mineral resources.
Reporter's short comment:
The release of the Sino-Mongolian Joint Statement has undoubtedly added a new boost to the mining cooperation between the two sides.
From1951Since then, China and Mongolia have established trade relations. With the deepening of bilateral cooperation, China has become Mongolia's largest trading partner and investor for many years in recent years. According to China's Ministry of Commerce,2021In the first half of the year, Mongolia and the worldThe total trade volume of 138 countries and regions is 7.4 billion billion US dollars, of which total trade with China5 billion U.S. dollars, up 66.7 percent year-on-year, accounting for 68 percent of Mongolia's total foreign trade in the same period.
Mining, the pillar industry of Mongolia, is the focus of economic and trade cooperation between China and Mongolia.
Mongolia has superior geological conditions and rich mineral resources. Copper, molybdenum, gold, silver, uranium, lead, zinc, rare earth, iron, fluorite, phosphorus, coal, petroleum and so on have been proved.More than 80 minerals. Mineral products are one of its main export products, and coal exports account for a large proportion of Mongolia's exports. Most of the mineral products exported by Mongolia are shipped to China.2021In the first half of the year, Mongolia exported crude oil, iron ore, copper concentrate and zinc concentrate.100%To our country, coal94.7%Export to ChinaFluorite78.3%Export to our country. China deserves to be Mongolia's most important mineral trade partner.
Not only in trade, Sino-Mongolian mining cooperation also extends to various fields.In 2006, the China Geological Survey and the Mongolian Minerals and Petroleum Administration signed the firstAfter the cooperation agreement, the two sides started a series of cooperation projects and exchange activities such as geological survey and joint research. The mining cooperation between the two sides is deepening in engineering, technology, academic and other aspects, with complementary advantages and mutual benefit.
In the past few years, the Mongolian government has accelerated the construction of transport routes between China and Mongolia. Just a few days ago, the Zongbayan-Hangji railway in the Eastern Gobi Province of Mongolia was officially completed. The construction of this project is precisely to connect with the railway in China to enhance the transportation of iron ore and other goods between the two sides. capacity. In addition, the Tawang Tolgoi Coal Mine in South Gobi Province, Mongolia (TT Mine) railway line to Gashu Suhaitu PortAlso in this year10MonthOpenThe transportation cost of coal exports from the coal mine to Ganqi Maodu Port in Inner Mongolia, China will be reduced by about3/4.
The "Joint Statement" issued this time repeatedly mentioned that the two sides will expand cooperation in mineral energy projects and build infrastructure such as railways, highways, and ports. This is a signal that the two sides attach importance to the development of mining cooperation. Cross-border infrastructure interconnection, energy and resources trade and cooperation will become important tasks actively promoted by both sides.
Undoubtedly, China-Mongolia mining cooperation is about to usher in a major opportunity, you moved?
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