MTZ to ship 300 tractors to Mongolia

MINSK, 6 September (BelTA) – Minsk Tractor Works (MTZ trademark) will deliver 300 tractors to Mongolia, Director General of the company Vladimir Volchek told reporters, BelTA has learnt.

The contract to supply the machines is estimated at over $7.83 million. The contract was signed during the official visit of the Belarusian governmental delegation led by Prime Minister Mikhail Myasnikovich to Mongolia.

Vladimir Volchek said that the first tractors will be shipped this month; subsequent deliveries will take place in 2014.

The company chief noted that this is not the only contract signed during the visit. Soon a joint venture to produce energy-efficient farm machines will be established in Mongolia. “Now we are discussing its capacities. We are deciding what kind of tractors will be manufactured there,” Vladimir Volchek said. In his words, this company might be located in Erdenet, the second-largest city in Mongolia, or its suburbs. “Most of our customers live in this area. Most of agricultural companies are located there and these companies use Belarusian tractors,” he added.

The project to set up the joint venture will be launched in 2013. “This year we are going to register this company,” Vladimir Volchek said. Task groups will be set up; a business plan will be developed spelling out economic parameters of the project.

The company chief noted: “Mongolia’s motor fleet is not big and should be expanded. Belarusian machines to be delivered to Mongolia will be used in agriculture and other sectors, including municipal engineering”.

A governmental delegation led by Belarusian Prime Minister Mikhail Myasnikovich paid an official visit to Mongolia on 3-5 September. Mikhail Myasnikovich held official talks with President of Mongolia Tsakhiagiin Elbegdorj, Prime Minister Norovyn Altankhuyag, and Chairman of the State Great Khural (Parliament) of Mongolia Zandaakhuu Enkhbold. A number of agreements were signed as a result of the meetings. Among other things the agreements lift visa requirements, regulate cooperation in education, military and technical cooperation, as well as cooperation and mutual aid in customs affairs. Belarusian companies contracted to deliver over $31 million worth of merchandise to Mongolia.

The Belarusian officials discussed a number of promising projects with their Mongolian counterparts. They include a project to set up a joint venture to sell Belarusian oil products and equipment for gold mining companies. The parties considered Belarus’ participation in oil production, exploration of fluorite deposits, humus production, and brown coal processing in Mongolia. The parties also discussed cooperation prospects in medical tourism and veterinary science.

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