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Chinese, Mongolian foreign ministers meet ahead of 3rd BRF

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BEIJING: China is willing to work with Mongolia to adhere to mutual trust, mutual respect and mutual support, and push bilateral relations to a new level, said Chinese Foreign Minister Wang Yi Monday.

Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks while meeting with his Mongolian counterpart Batmunkh Battsetseg.

Under the strategic guidance of the two heads of state, China-Mongolia relations have maintained a sound momentum of development, Wang said.

Mongolia is one of the first countries to participate in the Belt and Road Initiative. China is willing to strengthen development strategies alignment with Mongolia so that mutually beneficial cooperation can benefit the two peoples more, contribute to regional development and stability, and promote the building of a global community of shared future, he noted.

Chinese Foreign Minister Wang Yi, who is also a member of the Political Bureau of the Communist Party of China Central Committee, meets with Mongolian Foreign Minister Batmunkh Battsetseg in Beijing, capital of China, October 16, 2023. /Xinhua

Chinese Foreign Minister Wang Yi, who is also a member of the Political Bureau of the Communist Party of China Central Committee, meets with Mongolian Foreign Minister Batmunkh Battsetseg in Beijing, capital of China, October 16, 2023. /Xinhua

Battsetseg said Mongolia attaches great importance to developing the comprehensive strategic partnership with China, abides by the one-China principle and firmly supports China in safeguarding its core interests.

Mongolia looks forward to strengthening high-level exchanges and expanding cooperation with China in various fields, he said, noting that Mongolia is willing to start preparations for the celebration of the 75th anniversary of the establishment of diplomatic ties at an early date.

Mongolian President Ukhnaa Khurelsukh will attend the third Belt and Road Forum for International Cooperation, Battsetseg said, expressing his hope to deepen cooperation with all parties involved and boost shared development and prosperity.

Belt & Road CEO moot concludes with more business deals inked

The Belt and Road CEO Conference concluded on Tuesday with a rise in scale and number of cooperation deals signed compared to the previous iteration of the forum, while a declaration on enhancing business connectivity and global cooperation was issued.

A significant number of cooperation projects, involving nearly 300 Chinese and international partners, were inked during the conference, according to organizers. 

They encompass various industries, including infrastructure, clean energy, artificial intelligence, biopharmaceuticals, financial services, modern agriculture and rail transportation.

The number of projects, the countries involved and the total value of deals significantly surpassed the previous forum, which was held in Beijing in 2019, Yu Jianlong, vice chairman of the China Council for the Promotion of International Trade, one of the organizers of the CEO Conference, told media.

“This reflects the fruitful results of the international cooperation between Chinese and foreign business communities under the Belt and Road Initiative (BRI) framework and demonstrates the confidence and resolve of business communities to continue contributing to high-quality BRI development,” Yu said.

Meanwhile, forum participants collectively issued a declaration emphasizing the importance of adhering to openness and cooperation, deepening connectivity, pursuing green development, advancing cooperation in the digital economy and adhering to compliance and fulfilling social responsibilities.

The CEO conference was held during the ongoing third Belt and Road Forum for International Cooperation (BRF), a forum marking the 10th anniversary of the launch of the BRI.

It is aimed at promoting practical cooperation and enabling global business communities to share opportunities brought by the BRI. More than 1,200 participants from over 80 countries and regions attended this year’s conference.