Luvsannamsrain Oyun-Erdene offers U.S. access to country’s copper and rare earth reserves and foresees drone cargo shipments from the landlocked country.
“The United States is not just our trading neighbor, it’s the North Star for Mongolia’s market economy and democratic values,” Mongolian Prime Minister Luvsannamsrain Oyun-Erdene said following a meeting with Vice President Kamala Harris. | Susan Walsh/AP PhotoMongolia’s prime minister is barnstorming Washington this week with a message to the Biden administration and U.S. corporations: While Russia and China are his country’s “eternal neighbors,” Mongolia sees its economic future with the West.
“The United States is not just our trading neighbor, it’s the North Star for Mongolia’s market economy and democratic values,” Luvsannamsrain Oyun-Erdene said in an interview at the Mongolian Embassy in Washington following a Wednesday meeting with Vice President Kamala Harris. Asked about the touchy relationship with Mongolia’s neighbors — Russia to the north and China to the south — Oyun-Erdene said: “We have our geopolitical tensions … but I’m confident that our two neighbors will continue respecting our choices and the partnerships that we are developing.”aimed to ease U.S. access to Mongolia in a bid to jump-start U.S. investment in the country.
In his meeting with Harris, Oyun-Erdene said he stressed that he sees the agreements as the first step toward larger initiatives. “I emphasized the importance of U.S. investment and involvement with mega projects in Mongolia,” Oyun-Erdene said. He emphasized, in particular, his hopes for U.S. investment to exploit the country’s rare earths and copper reserves.which boasts the world largest known gold and copper deposits and France’s pursuit of and French nuclear firm Orano’s pursuit of
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Caught Between China and Russia, Mongolia Seeks Closer U.S. TiesMongolia is positioning itself as a resource-rich, democratic partner for the U.S. in Asia amid growing competition between Washington and Beijing over the minerals needed to pursue cleaner energy
Read more »
Here's how Fitch Ratings' U.S. downgrade could advance China and Russia's 'de-dollarization' agendaFitch Rating's decision to cut the U.S. government's credit rating represents the latest in a series of blows to the U.S. dollar's international standing and...
Read more »
Four reasons VP Harris is meeting with Mongolia’s prime ministerMongolia seeks more investment and direct air routes while the U.S. wants to hear what Xi Jinping and Vladimir Putin are telling their shared neighbor.
Read more »
Exclusive: Mongolia to deepen cooperation with US on rare earths, PM says on Washington visitMongolia will deepen cooperation with Washington to mine rare earths, the country's Prime Minister L. Oyun-Erdene said on a visit to Washington on Wednesday, but he warned that a 'new Cold War' between the U.S. and China would harm the global economy.
Read more »