Mongolian PM says country thankful for U.S. aid

Mongolian Prime Minister Batbold Sukhbaatar told a visiting U.S. delegation Wednesday that his country appreciates Washington's comprehensive support.

Mongolia is thankful for the all-around support it has received from the U.S., the prime minister was quoted by the governmental press service as telling the visitors, led by Senator Roy Blunt, a Republican from Missouri.

For his part, Blunt said that Washington is also grateful to Ulan Bator for Mongolia's active participation in international peacekeeping operations.

Noting that Mongolia is experiencing economic growth, Blunt added that the U.S. will remain a trade and economic partner of the Asia country.

In October 2007, the Mongolian and U.S. governments signed an agreement that allowed Mongolia to receive nearly 285 million U.S. dollars in aid in five years for the purpose of reducing poverty and promoting economic growth.

With U.S.-Mongolian economic interaction on the rise, U.S. coal company Peabody Energy is currently bidding for the right to develop a giant coal deposit in Mongolia's Southern Gobi region.

Source: Xinhua

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