After a private conversation between Dmitry Medvedev and President of Mongolia Tsakhiagiin Elbegdorj, talks continued with the delegations of the two countries.
Various ways to ensure sustainable growth of trade, improve the efficiency of joint companies Erdenet [ore mining and processing company] and Mongolrostsvetmet [fluorspar and gold mining company], and prospects for developing cooperation in the transport sector were the subject of discussion.
The presidents signed the Declaration on Developing a Strategic Partnership between Russia and Mongolia.
Several bilateral documents in the economic sphere were signed in the presence of the state leaders: an intergovernmental Agreement Establishing Dornod Uranium Ltd Joint Venture for finding, mining and processing uranium; a Memorandum of Cooperation between JSC Ulan Bator Railways, JSC Russian Railways and CJSC Transmashholding; and a Memorandum of Cooperation in Rail Transport between the Russian Federal Agency for Railway Transport and Mongolian National Railways Management Agency.
A Protocol of Cooperation and Exchange of Legal Information between Central Election Commissions of Russia and Mongolia was also signed.
The presidents of Russia and Mongolia instructed the governments of both countries to settle the issue of Mongolia's debt to Russia as soon as possible.
After their talks, Mr Medvedev and Mr Elbegdorj gave a joint news conference.
On the same day, Dmitry Medvedev visited the Ulan Bator branch of the Plekhanov Russian Academy of Economics, established in 1999. Teaching is conducted in Russian and graduation documents are the same as those given by the Russian state.
The President also visited the Russian Centre which opened within the Plekhanov Academy branch today, examined study rooms for Russian language, computer science and music, and signed the book of honoured guests.
A ceremony at which Dmitry Medvedev presented state awards to employees of Russian-Mongolian company Mongolrostsvetmet was also held in the building of the Ulan Bator branch of the Plekhanov Academy. The President noted that the work of the plant is an example of very effective bilateral collaboration.