Speaker Discusses Cooperation With the Uae

Speaker of Parliament M.Enkhbold paid a working visit to the United Arab Emirates (UAE), and met with the President of the Federal National Council (FNC) of the UAE, Dr. Amal Al Qubaisi, to discuss relations and cooperation between the two nations' legislatures and in counter-terrorism measures.

Speaker M.Enkhbold underlined that diplomatic relations between Mongolia and the UAE were established 20 years ago, and that the opening of the new Embassy of the UAE in Ulaanbaatar in 2016 was an important mechanism for cooperation between the two countries. He noted that relations and cooperation between the two countries should be developed in all fields, and that creating a legal and regulatory environment for developing cooperation in trade, the economy, and other sectors is the responsibility of Mongolia's legislature.

Promoting cooperation between inter-parliamentary groups and the nations' parliamentary secretariats were also noted for being of importance to developing relations and cooperation. Speaker M.Enkhbold stressed that Mongolia is willing to collaborate with the UAE to implement megaprojects and hopes to export Mongolian meat to the UAE.

The Speaker said, "I hope Mongolia will overcome the nation's economic challenges quickly, because we have the opportunity for the Government of Mongolia and Parliament to maintain political stability over the next four years." He asked Al Qubaisi to issue a long-term soft loan with a low interest rate to help Mongolia deal with its economic challenges.

Al Qubaisi stated that it is possible for the UAE to help Mongolia in the framework of economic cooperation, but assistance should be carried out under international rules and principles. She emphasized that developing renewable energy cooperation between the two countries is...