Preliminary feasibility study for construction of Altanbulag-Zamyn-Uud highway completed

On November 1, the 21st Meeting of the Council of Heads of Government of Member States of the Shanghai Cooperation Organization (SCO) was held virtually and chaired by Premier of the People’s Republic of China Li Keqiang.

Prime Minister of Mongolia L. Oyun-Erdene participated in the meeting and delivered remarks. Prime Minister Oyun-Erdene congratulated the Chinese Premier for holding the meeting successfully despite the challenging circumstances of the pandemic and the economic challenges brought on by international tensions. Then he expressed condolences over the tragic accident in the western Indian state of Gujarat, which resulted in the death of more than 130 people.

It was stated that Mongolia has been working to actively participate in the SCO's cooperation ever since it became the organization's first observer country in 2004.

Prime Minister Oyun-Erdene said that he is pleased that the meeting coincided with the day when the 745-km highway connecting Asia and Europe, an important component of the "Mongolia-Russia-China Economic Corridor", was put into operation.

According to him, Mongolia has been able to make use of its geographic advantage to create a transit corridor linking Asia and Europe and to support regional integration and trade. It was also announced by the Prime Minister that the preliminary feasibility study of the Altanbulag-Zamyn-Uud highway construction project connecting the three countries is ready and put forth his request to meet and discuss this matter with the authorities of China and Russia in the near future.

In the first ten years of its long-term development plan, Vision-2050, the Mongolian government is implementing a New Revival Policy under six sets of objectives. The objectives of the region's countries and the development strategies of China and Russia, which are neighbors, were taken into consideration when developing the policy. This policy is a thorough plan for partnerships that benefit the parties, built on the active involvement of foreign investors and businesses as well as regional nations, he added.



Prime Minister Oyun-Erdene emphasized that the government of Mongolia is devoting the construction of border checkpoint infrastructure and transportation logistics its full attention. He also invited the heads of government of the member states who participated in the meeting to work together on mutually beneficial economic projects within the framework of Mongolia’s New Revival Policy.