DFA Releases

Philippines-Mongolia Talks Affirm Broader Cooperation

Tuesday, 19 March 2013 11:34
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Mongolia

19 March 2013 – Philippine and Mongolian delegations to the 1st Policy Consultation held today, March 19, in Manila affirmed the commitment of their respective governments to promote the comprehensive development of bilateral relations between the two countries.

The Philippine side was headed by Foreign Affairs Undersecretary for International Economic Relations Laura Del Rosario while Vice Foreign Minister Damba Gankhuyag headed the Mongolian side.

The delegations discussed possible agreements on labor cooperation, education, tourism and Philippine investments on mining and construction. Mongolia3

At the end of the meeting, the Memorandum of Understanding (MOU) on Sports Cooperation between the Philippine Sports Commission (PSC) and the Mongolian Ministry of Culture, Sport and Tourism was signed by PSC Commissioner Salvador H. Andrada and Mongolian Vice- Foreign Minister Gankhuyag. Both panels also initialed the MOU on Policy Consultations and the MOU on Cooperation between Security Councils which will be signed at a later date.

Both sides are optimistic that the consultations today set the momentum for greater bilateral exchanges.

Prior to the consultation, Vice Foreign Minister Gankhuyag paid a courtesy call on Foreign Affairs Secretary Albert F. del Rosario which enabled the two officials to exchange views on the potentials for economic cooperation and regional issues.

The 1st Philippines-Mongolia Policy Consultation jumpstarts this year’s celebration of the 40th anniversary of the establishment of Philippines-Mongolia diplomatic relations. END

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Philippines, Mongolia Deepen Economic Ties

Tuesday, 19 March 2013 11:30
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OUIER Mongolia1

19 March 2013 - The Philippines and Mongolia forged deeper ties during the conduct of the 1st Policy Consultation today, March 19, in Manila.

The consultation was the outcome of an invitation extended by Foreign Affairs Undersecretary Laura Del Rosario to Vice Foreign Minister Damba Gankhuyag during the Undersecretary’s scoping mission to Mongolia in September 2012. During the mission, the Undersecretary saw immense potential for cooperation in trade and investment, labor tourism, culture and sports, among others. With this, both sides were encouraged to pursue further talks to follow through on the results of the scoping mission.

The Philippines and Mongolia are developing countries with high growth prospects yet both countries barely explored bilateral economic opportunities prior to the scoping mission in 2012.

“Mongolia is one of the fastest growing economies in the world. Both the Philippines and Mongolia have needs that could be met by the other country,” Undersecretary Del Rosario notes.

Undersecretary Del Rosario is very optimistic about mutual benefits that abound for both the Philippines and Mongolia. She adds, “Mongolia needs professional services to sustain its economic momentum, and the Philippines has an abundance of human resources and service providers. Mongolia is rich in mineral deposits and there are companies in the Philippines which are looking into exploring these resources. Mongolia, as a landlocked country, imports marine and tropical products. The Philippines offers a wide variety of fresh and processed food products and even consumer products that Mongolians could enjoy. Both countries also provide excellent tourism destinations and stand to gain from increased people-to-people exchanges.”

During the consultation, both delegations agreed to further pursue deeper engagement with one another. END

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