China, Mongolia agree to boost ties during VP Han Zheng's visit
Experts suggest that Mongolia's role as a key neighbor of both China and Russia positions it advantageously for contributing to regional development and integration.
The Global Times reported on Sunday that Chinese Vice President Han Zheng concluded a significant visit to Mongolia, which took place from Friday to Sunday.
This visit followed Han's participation in Russia's Eastern Economic Forum.
During his stay in Mongolia, Han held meetings with Mongolian Prime Minister Luvsannamsrai Oyun-Erdene, President Ukhnaa Khurelsukh, and Parliament Speaker Dashzegve Amarbayasgalan.
Монгол Улсын Ерөнхий сайд Л.Оюун-Эрдэнэ БНХАУ-ын дэд дарга Хань Жөнтэй өнөөдөр Төрийн ордонд албан ёсны хэлэлцээ хийв.
— MFA Mongolia (@MongolDiplomacy) September 7, 2024
📎https://t.co/4Nyh6HF99k#Айлчлал 🇨🇳🇲🇳 pic.twitter.com/Wnr0m4rCd8
The discussions centered on deepening bilateral relations and expanding cooperation across various sectors including energy, connectivity, and infrastructure development.
Han affirmed the importance of accelerating the China-Mongolia-Russia Economic Corridor and strengthening exchanges in youth, students, and media between the two nations.
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Oyun-Erdene reaffirmed Mongolia's commitment to advancing relations with China, emphasizing a shared vision of mutual respect and common development.
This visit follows earlier diplomatic engagement by Russian President Vladimir Putin, highlighting the strategic importance of Mongolia in regional dynamics.
Experts suggest that Mongolia's role as a key neighbor of both China and Russia positions it advantageously for contributing to regional development and integration.
The trilateral cooperation among China, Mongolia, and Russia is set to extend beyond traditional energy and mining sectors, potentially incorporating climate change and green development initiatives.
Read more: Putin hails cooperation, invites Mongolian president to BRICS summit
China and Mongolia's trade and diplomatic relations have evolved significantly over time. The early 1990s marked a shift as Mongolia transitioned to a market economy, leading to increased economic cooperation with China.
China became Mongolia’s largest trading partner and investor, focusing on mining, infrastructure, and energy sectors. Diplomatic ties were strengthened through high-level visits and numerous agreements, reflecting growing mutual interests.
In recent years, both nations have prioritized deepening their partnership through infrastructure projects and regional integration, exemplified by the China-Mongolia-Russia Economic Corridor.
Despite challenges like trade imbalances and environmental concerns, China and Mongolia continue to enhance their cooperation, sharing a mutual commitment to regional stability and mutual development.