Showing posts with label U.S.-MONGOLIA RELATIONS. Show all posts
Showing posts with label U.S.-MONGOLIA RELATIONS. Show all posts

Tuesday, July 10, 2012

HILLARY RODHAM CLINTON SPEAKS AT U.S. EMBASSY IN ULAANBAATAR MONGOLICA


Map Credit:  U.S. State Department/CIA
FROM:  U.S. DEPARTMENT OF STATE
Meets with the Staff and Families of Embassy Ulaanbaatar
Remarks Hillary Rodham Clinton
Secretary of State Ministry of Foreign Affairs
Ulaanbaatar, Mongolia
July 9, 2012
Well, it is so wonderful to be here – to be back again in Mongolia – to see all the changes over the last 17 years. And I want to thank the Ambassador and Mrs. Addleton for all of their leadership. They will be well remembered. I had so many nice compliments about your work here, Ambassador, from the Mongolian officials. And I know that you started coming to Mongolia representing the United States almost a dozen years ago. And I imagine that you will be still connected somehow to Mongolia for the years to come.
I certainly remember being here 17 years ago as First Lady. Soviet aid had been withdrawn, the economy was imploding, Mongolia was isolated. It was a very challenging time, but I was impressed by the young people and by the officials with whom I met. I saw that there was a real resilience and a dedication to the country. And now, 17 years later, I can see it in action. I also remember visiting what was then the Embassy, which was a house and a garage. (Laughter.) And I have with me Ambassador Victoria Nuland – come on up here, Toria – who opened our mission in 1989 at the – (applause) – Ulaanbaatar Hotel. So she’s marveling at all of the changes as well.

And I want to thank you for everything you’re doing to support Mongolian democracy, the Mongolian economy, Mongolian civil society. In just the past year, you’ve helped to monitor elections, to really strengthen civil society organizations, broker a deal with Boeing to supply three new airplanes. You get to travel to the most remote parts of the country – I’m very jealous, because I would love to do that as well – you’re helping to improve vocational training, to protect the environment, and your work is producing real results. U.S. exports increased from just 40 million in 2009 to more than 300 million last year. Seventy thousand families living on the edge of the city now have fuel-efficient cookstoves, which saves lives, prevents disease, and fights climate change.

And I know you sometimes face some pretty daunting odds in doing your work. You travel with Arctic-tested sleeping bags just in case the temperature dips below 40 degrees. One group of employees crossed the Gobi Desert. They had to fix a flat on their tire five times, but they persevered just like the Mongolian people. You volunteer at vet clinics, hammer nails for Habitat for Humanity, participate in runs for the environment, help the people with disabilities find jobs.

And I particularly want to thank our locally-engaged staff. You could not be a better representative of the friendship between our two countries. We really rely on you. We’re grateful to you. I also want to thank the families of all our employees. You’ve made real sacrifices for which we are very grateful. You’ve demonstrated such a commitment. I’m really excited about the future for Mongolia and to broaden and strengthen the relationship between our two countries.

Over the last 25 years, we’ve seen a lot of progress. I think we can see even more. I think you’ll have a chance in just a few days to enjoy the upcoming Naadam festivities. I wish I could stay; I’m quite disappointed. But I’ve told the President I intend to come back and to bring my husband, who keeps – he keeps saying the only thing that he’s envious of is that I’ve been Mongolia twice – (laughter) – and he hasn’t been here yet. So we will remedy that, I am sure. But I will take with me even new and fond memories, and they would not be possible without the hard work that each and every one of you do.
So thank you again very much, and I would love to shake some hands. (Applause.)

Thursday, May 3, 2012

U.S. EXPORT-IMPORT BANK SIGNS DEAL TO FACILITATE TRADE BETWEEN U.S. AND MONGOLIA

                                                        Map:  Central Intelligence Agency
FROM:  U.S. EXPORT-IMPORT BANK
Ex-Im Bank, Development Bank of Mongolia Sign MOU to Facilitate Trade Partnership Between Countries
Ex-Im Chairman conducting first business development mission to Mongolia
Ulaanbaatar, Mongolia: The Export-Import Bank of the United States (Ex-Im Bank) and the Development Bank of Mongolia signed a memorandum of understanding (MOU) on May 1st to facilitate trade opportunities between the United States and Mongolia.

Ex-Im Bank Chairman and President Fred P. Hochberg and Development Bank Chaiman Bazarsuren Batjargal signed the agreement at the Government House of Mongolia.
“Mongolia has one of the fastest growing economies in the world, and there are enormous opportunities for U.S. businesses to help meet the country’s growing infrastructure needs,” said Fred P. Hochberg, chairman and president of Ex-Im Bank. “Signing this document represents a pledge of cooperation, and we look forward to working together on upcoming projects that benefit both of our countries.”

Chairman Hochberg is on a business-development mission in Mongolia to encourage sourcing of U.S. products and services for regional infrastructure projects. The Bank has historically had limited exposure in the country, however, several products are currently in the pipeline that will increase Ex-Im’s activity.
This is Hochberg’s first visit to Mongolia, and it is the first recorded visit of an Ex-Im Bank chairman to the country since the Bank was formed in 1934.

About Ex-Im Bank:
Ex-Im Bank is an independent federal agency that helps create and maintain U.S. jobs by filling gaps in private export financing at no cost to American taxpayers. In the past five years, Ex-Im Bank has earned for U.S. taxpayers $1.9 billion above the cost of operations. The Bank provides a variety of financing mechanisms, including working capital guarantees, export-credit insurance and financing to help foreign buyers purchase U.S. goods and services.

Ex-Im Bank approved $32.7 billion in total authorizations in FY 2011 -- an all-time Ex-Im record. This total includes more than $6 billion directly supporting small-business export sales -- also an Ex-Im record.

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