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Russia’s presidency in SCO strengthens Organization’s authority — Mongolian president

July 10, 2015, 14:24 UTC+3 UFA
The Mongolian leader has thanked Russia for successful presidency and "for its considerable input into strengthening all spheres of Organization’s activities"
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© BRICS Photohost/TASS

UFA, July 10. /TASS/. Developing mutually beneficial economic cooperation is the most effective way to ensure regional security, Mongolian President Tsakhiagiin Elbegdorj told a session of SCO (Shanghai Cooperation Organization) member countries on Friday.

"Over the last year, Russian President Vladimir Putin and the Russian government have made significant contributions to strengthening multi-party cooperation in ensuring regional stability and enhancing the Organization’s authority on international arena," he said. "The main result of the summit [in Ufa] will be adoption of the SCO Development Strategy until 2025," he added.

The Mongolian leader has thanked Russia for successful presidency and "for its considerable input into strengthening all spheres of Organization’s activities."

"Mongolia is coordinating its Steppe Road project with the Silk Road project. We are interested in the initiative to create a trans-Eurasian corridor," Elbegdorj said. He recalled yesterday’s Russia-Mongolia-China three-party meeting. "Legal framework was laid out for three-party cooperation. This mechanism could become an example of cooperation for other countries in the region," he stressed.

The Mongolian leader reminded that the Asia-Europe Forum will take place in Ulan Bator in 2016, along with 2015 autumn session of the Parliamentary Assembly of the Organization for Security and Cooperation in Europe (PA OSCE). "We hope that all countries send high representatives to the session," he noted.

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