Mongolian PM says to ensure foreign policy continuity
Mongolian Prime Minister Norov Altanhuyag said Friday that the new government will maintain the foreign policy directions of the previous governments.
Altanhuyag made the remarks when receiving heads of diplomatic missions and international organizations.
"We will build on balanced relationship and wide-ranging, good-neighborly cooperation with our two neighbors," Altanhuyag said, adding that the government will also seek to develop friendly relations with regional and world powers.
Altanhuyag also emphasized the importance of foreign investment, saying foreign direct investment plays a significant role in the development of the Mongolian economy.
The new government will be open to foreign investment, he said, promising that the government will strengthen transparent, favorable legal frameworks for foreign investors.
During the event, the prime minister also briefed foreign diplomats on the politics and economics of Mongolia and introduced his cabinet members.
The Mongolian parliament approved Altanhuyag as prime minister on August 9.
Altanhuyag made the remarks when receiving heads of diplomatic missions and international organizations.
"We will build on balanced relationship and wide-ranging, good-neighborly cooperation with our two neighbors," Altanhuyag said, adding that the government will also seek to develop friendly relations with regional and world powers.
Altanhuyag also emphasized the importance of foreign investment, saying foreign direct investment plays a significant role in the development of the Mongolian economy.
The new government will be open to foreign investment, he said, promising that the government will strengthen transparent, favorable legal frameworks for foreign investors.
During the event, the prime minister also briefed foreign diplomats on the politics and economics of Mongolia and introduced his cabinet members.
The Mongolian parliament approved Altanhuyag as prime minister on August 9.
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