ULAN BATOR, Oct. 23 (Xinhua) -- Mongolia should make more efforts to diversify its mining-dependent economy, World Trade Organization (WTO) Director General Roberto Azevedo has said.
Azevedo made the remarks Monday when meeting with Mongolian President Khaltmaa Battulga at the organization headquarters in Geneva, Switzerland, the Mongolian president's press office said in a statement on Tuesday.
Battulga is in Geneva to attend the World Investment Forum on Oct. 22-26.
"It is important for Mongolia to diversify its mining-dependent economy. The landlocked country should make more efforts to promote the economic diversification," Azevedo said.
He expressed his willingness to visit Mongolia next year in order to expand bilateral cooperation between the WTO and Mongolia.
Since its accession to the WTO in 1997, Mongolia has been able to strengthen its trade relations with the rest of the world with favorable conditions and use multilateral mechanisms to solve any trade-related issues, according to the Mongolian president's press office.
