The Prime Minister of Mongolia H.E. Mr. Ch. Saikhanbileg and the Prime Minister of Australia the Hon. Tony Abbott have exchanged letters. The Prime ministers noted that the two nations share common values and strategic interests, and highlighted growing bilateral cooperation, including people-to-people links.

Australian Prime minister welcomed Mongolian Government’s intention to solve the situation around the second phase of Oyu Tolgoi mine, as well as general investment climate in Mongolia. Prime Minister of Mongolia acknowledged Australia as Mongolia’s major investor; and that Australian educational scholarships as well as Australian volunteers play an important role in the development of Mongolia. He also stressed Mongolian Government’s actions towards attracting and supporting foreign investment in Mongolia.

Minister for Foreign affairs of Mongolia H.E. Mr. L. Purevsuren and Minister for Foreign Minister of Australia the Hon. Julie Bishop have exchanged letters. The two ministers noted the growing aid, trade, investment and people-to-people links between Mongolia and Australia, emphasizing on the New Colombo Plan, which will strengthen the growing ties, opening a new chapter in an educational cooperation. Both ministers acknowledged the role of foreign investment in Mongolia, including Australian, as well as strengthening of investment climate in Mongolia. Mongolian Foreign minister expressed his hope that considering the growing interest of Australian businesses in Mongolia Australia would open its Embassy in Mongolia.