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German Chancellor Olaf Scholz mentioned Friday that his nation needs to strengthen ties to Mongolia, citing the nation’s wealth of key commodities resembling copper and uncommon earth metals.
Talking after a gathering in Berlin with Mongolian Prime Minister Luvsannamsrain Oyun-Erdene, he mentioned the 2 leaders had agreed to “deepen and in addition develop cooperation between our two international locations.”
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Scholz mentioned combating local weather change and reworking the vitality sectors can be the main focus of a gathering in Mongolia subsequent yr, including that the nation has “huge potential in the case of wind and solar energy.”
Germany, in the meantime, is eager to strike offers to import extra commodities from the landlocked Asian nation to cut back its reliance on international locations resembling Russia and China.
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“Mongolia will develop into an essential associate for a lot of uncooked supplies in our diversification technique,” mentioned Scholz, including that concrete tasks now should be recognized and authorized certainty for investments ensured.
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