German Chancellor Olaf Scholz stated Friday that his nation needs to strengthen ties to Mongolia, citing the nation’s wealth of key commodities equivalent to copper and uncommon earth metals.
Speaking after a gathering in Berlin with Mongolian Prime Minister Luvsannamsrain Oyun-Erdene, he stated the 2 leaders had agreed to “deepen and likewise develop cooperation between our two international locations.”
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Scholz stated combating local weather change and reworking the power sectors could be the main focus of a gathering in Mongolia subsequent 12 months, including that the nation has “monumental potential in relation to wind and solar energy.”
Germany, in the meantime, is eager to strike offers to import extra commodities from the landlocked Asian nation to scale back its reliance on international locations equivalent to Russia and China.
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“Mongolia will turn into an vital accomplice for a lot of uncooked supplies in our diversification technique,” stated Scholz, including that concrete initiatives now must be recognized and authorized certainty for investments ensured.