
AKIPRESS.COM - Prime Minister of Mongolia L.Oyun-Erdene and Premier of the State Council of China Li Qiang held a meeting on February 14, GoGo reported.
The governments of China and Mongolia signed and ratified an agreement to connect the Gashuunsukhait-Gantsmod port cross-border railway, the top priority among Mongolia's 14 mega development projects.
The Gashuunsukhait-Gantsmod railway is the second railway link between Mongolia and China, following the Zamiin-Uud–Erlian railway, which was established under a 1955 agreement.
Once operational, the new railway is expected to double Mongolia's port capacity. Coal exports will increase from 83 million tons to 165 million tons annually, boosting coal sales revenue by $1.5 billion per year.
Additionally, the agreement opens the door for future railway connections at the Shiveekhuren-Sekhee, Bichigt-Zuun Khatavch, and Khangi-Mandal border ports, further enhancing Mongolia-China connectivity.