Prime Minister meets with Yakunin, the President of “Russian Railway” Cooperative
Mr. Yakunin expressed his gratefulness for making the meeting possible on the horizontal line of new railway.
Prime Minister Altankhuyag noted the importance of respecting mutual interests in the investment and management of the new railway project. Infrastructure, namely transportation and logistics, plays important role in mutually beneficial cooperation between two countries with strategic partnership relations, Prime Minister continued. He also stated the need of determining the cooperation mechanism in details and accelerating the progress.
Mr. Yakunin replied that even there are some progresses were made in the project, but there are certain issues waiting for the solution such as involvement in the new project and its benefit. Both sides are agreed on increase of its equity fund will help to generate profit.
Prime Minister Altankhuyag expressed the readiness of the Government to support possible alterantives in developing the Mongolian Railway.