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Food and fuel supplies, disasters, income, and economic development issues discussed
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| Prime Minister S.Batbold meeting Indonesian President, Susilo Bambang Yudhoyono in Jakarta |
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| PM S.Batbold and WEF founder, Klaus Schwab |
On June 12-13, Prime Minister S. Batbold participated in the World Economic Forum on East Asia 2011 held in Jakarta, Indonesia. The forum brought together some 600 leaders of over 40 countries under the topic, ‘Responding to the New Globalism’ to discuss food supply and safety, fuels, natural disasters, unequal allocation of income, the imbalance of economic development of countries and their consequences.
The gathered considered that the common difficulties facing countries are climate change, natural disasters, food safety and great disparity in income and unemployment. To tackle them, many important proposals were made.
Prime Minister S.Batbold was one of the five participants in a sub-meeting themed ‘Regulating global difficulties: Asian mechanism responding to crisis’ at the invitation of Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF). A proposal made by S.Batbold highlighted the importance of developing smart collaboration in solving problems faced by East Asian countries.
The Prime Minister raised a matter on the negative effects of desertification to socio-economic life and then mentioned that Mongolia is one of 60 countries that suffer a water shortage and that 70 percent of its territory has become desert. The economists gathered in Jakarta showed interest in the speed of Mongolia’s economic growth and in its mineral resources such as coal and oil. “Mongolia is rich in mineral resources as well as agriculture. In the future, we can become a big food supplier when global discussion concerns food shortage,” the Prime Minister said.
During the forum, the Prime Minister met his counterpart from Singapore Lee Hsien Loong, representatives of the European Union (EU), the Indonesian Ministers of Trade and Energy, and authorities of the world’s biggest companies to share the issue of opportunities to develop cooperation.
Within a scope of the World Economic Forum on East Asia held in Jakarta, Indonesia, PM S. Batbold met with leaders of countries, authorities of international organizations and business delegates to discuss relations and cooperation.
The gathered considered that the common difficulties facing countries are climate change, natural disasters, food safety and great disparity in income and unemployment. To tackle them, many important proposals were made.
Prime Minister S.Batbold was one of the five participants in a sub-meeting themed ‘Regulating global difficulties: Asian mechanism responding to crisis’ at the invitation of Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF). A proposal made by S.Batbold highlighted the importance of developing smart collaboration in solving problems faced by East Asian countries.
The Prime Minister raised a matter on the negative effects of desertification to socio-economic life and then mentioned that Mongolia is one of 60 countries that suffer a water shortage and that 70 percent of its territory has become desert. The economists gathered in Jakarta showed interest in the speed of Mongolia’s economic growth and in its mineral resources such as coal and oil. “Mongolia is rich in mineral resources as well as agriculture. In the future, we can become a big food supplier when global discussion concerns food shortage,” the Prime Minister said.
During the forum, the Prime Minister met his counterpart from Singapore Lee Hsien Loong, representatives of the European Union (EU), the Indonesian Ministers of Trade and Energy, and authorities of the world’s biggest companies to share the issue of opportunities to develop cooperation.
Within a scope of the World Economic Forum on East Asia held in Jakarta, Indonesia, PM S. Batbold met with leaders of countries, authorities of international organizations and business delegates to discuss relations and cooperation.
WEF Chair meets with S. Batbold
Firstly, the Prime Minister held a meeting with Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF). At the meeting, the Prime Minister expressed gratitude to Mr. Schwab for inviting him to the forum and they shared views on cooperation. S. Batbold noted that Mongolia and the WEF collaborated in
strengthening democracy, developing responsible mining and creating an anti-corruption partnership.
In turn, Mr. Schwab thanked the PM for participating in the World Economic Forum on East Asia, and
congratulated him for Mongolia joining the 150 companies in the Anti- Corruption Partnership Initiative. Mr. Schwab officially invited the Prime Minister to take part in the World Economic Forum in Davos which will run in January next year. They agreed to organize measures for a day of Mongolia and publicize Mongolian brand products during the forum. Mr. Schwab received an invitation from
the Prime Minister to visit Mongolia, and then promised to visit next year. Moreover, Prime Minister S. Batbold met some 20 members of the ‘Young Leader’ club at the WEF. While attending the World
Economic Forum on East Asia, Prime Minister S. Batbold was received by Indonesian President Susilo Bambang Yudhoyono in Jakarta. They shared views on opportunities to develop mutually-beneficial cooperation between the two countries
strengthening democracy, developing responsible mining and creating an anti-corruption partnership.
In turn, Mr. Schwab thanked the PM for participating in the World Economic Forum on East Asia, and
congratulated him for Mongolia joining the 150 companies in the Anti- Corruption Partnership Initiative. Mr. Schwab officially invited the Prime Minister to take part in the World Economic Forum in Davos which will run in January next year. They agreed to organize measures for a day of Mongolia and publicize Mongolian brand products during the forum. Mr. Schwab received an invitation from
the Prime Minister to visit Mongolia, and then promised to visit next year. Moreover, Prime Minister S. Batbold met some 20 members of the ‘Young Leader’ club at the WEF. While attending the World
Economic Forum on East Asia, Prime Minister S. Batbold was received by Indonesian President Susilo Bambang Yudhoyono in Jakarta. They shared views on opportunities to develop mutually-beneficial cooperation between the two countries
PM welcomed in Indonesia
Beginning the meeting, the Indonesian President invited S.Batbold to participate in the Bali Forum to be held in December this year. The Prime Minister thankfully received
the invitation and expressed hope that Indonesia will support Mongolia in its leadership of the Community of Democracies.The Indonesia’s President underlined that a new chapter has opened for bilateral relations and expressed willingness to collaborate with Mongolia in experiences of extracting oil, coal and copper and in the energy sector. In addition, the sides agreed to bring bilateral relations to a new level and to widen cooperation in the fields of agriculture and trade Mr. Yudhoyono promised to realize proposals of the Prime Minister for establishing a Mongolia-Indonesia inter-governmental commission in the first turn and for creating a Mongolia- Indonesia business council. The sides also agreed to cooperate on a visa-free matter for the countries. The Indonesian President invited S.Batbold to pay an official visit to his country. After the meeting, Prime Minister S. Batbold was interviewed by the central television channel of Indonesia, CNBC in Hong Kong, BBC Television, and Dow Jones Newspaper
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