thank you very much. a while mister personalities. go into his place. i don't say that armenia in the country now firsthand what a country and that is clear with the marble, intensification of your relations with russia. you came here as a firm and you don't hear that you will be subject to 22nd or sanctions while i live saying it's not quite an effective position to go with. i already mentioned management. they mentioned the cuz i'm about moving to a notice in the opportunities with

working on opening up new opportunities. it's something we should do when i already mentioned it today. definitely are double to very much concerned about the food security challenges that guarantee you. and i've already mentioned this with lots of course, so the inflation rate is our country is high t and it has direct impact on the social situation and economic state and our country. so they don't see how it has a manageable problem. or, you know, there is a problem, but we are not an interesting situation at the same time that most trust that it was a kill. and thanks to the support of the russian situation with you. but she, especially in the 1st half of the year, everyone has many concerns and totally with was he raised

a biological format. we had very intensive contact me. and we use raised a issues. and i should say is that i'm impressed by this with a dinner, which mr. michelle and mr. put in as a way how they responded to the issues raised mother, i mean inside the face partnership is very important to you, but i'm not sure that all citizens are menia. now we bought details of with a we keep thinking about it, but it's, and it's very important. a believe we have just mentioned the transportation of grain engines. thanks

decision, by the end of the situation and the government of the situation. we men, we succeeded in making a manageable for us alone. it would be very difficult to would have been very difficult to cope with situation where we don't see a thread of any sanctions. a lot of question to you, mr. passions and everybody always has. he is, but everyone has his own perception of multiple well daughter, end of piece. technically the topic of our and what is our perception of model to pull a well the with we mentioned that on many occasions that i can read, try to do. i hear you our perception of them all to pull a world order with just

and not based on dictate of just one country that considers itself as the quotes messenger with hell policy on it from a lab superior to and exceptionalism. we should treat one another as equal partners regardless of the territory of the country with, for the modern weapons deployed by the army. one should be based on the internet on international law and some rules that someone invents for himself. a notion of justice with the self stability of the world order that has always been an assumption our cancellation and we'll continue to fight for our solar and you said you were and no one showed to have any doubt that we are ready

to calculate under the circumstances of that, which is so and we'll do it and i'm confident that that's how it will play out. well, get back on track. so let me clarify something, you say everyone is free and to, to that phone away and everyone is equal. so why can we get a result of the questions? well, because international law has always been undermined. now, many said russia violates international law and i believe it's not true. who started the war in iraq without and if, sanctions of the un security council, who destroyed yugoslavia and a noble purposes who detailing on least or in the center of yours by bonding bill grade with no one's referred to international law.

a chain of events is related to international order. the un charter with joins for you right for self determination and the court of justice, a part of the country one team declare it's some independence. it doesn't have to us because of a mission of the central government of its country as it was it all in about him course alone. and why cannot we apply a people's republics? if they have a choice and they do have it in accordance with the young child, and the principal for freedom of self determination, they have made use as a right. and they declare the independence that they have. they strike a deal with them based on the rule in

the international court of justice. you know, those are the country you have another country, have to write a yes. that's what we did a nice and can we sign a treaty or mutual assistance and trying to yes, that's what we did with divided by the parliament with respect to parliament. and the duration has to particular publications in particular to provide if it's tennyson case, i think it's aggression on the part of the key of regina that it's illegitimate because it goes back to a code, a ties time source of power in today's ukraine. is it in line with the un charter? yes. article 51, the un charter. a right for self protection. and as a part it is 3 sink. a doesn't,

isn't this article of your and charter? oh, we have to provide us. it comes to our allies. that's what we are doing. that's the me, the chain of her multiple steps that isn't full compliance. that was international law. had said a utah content issue, was it a similar sit here? no, i just mom to come. train them was with libya, who thought about international law, and now is those who do these understand that it's not in line with international law they've, they refer to some roles when i take that through led sam follows a throat. thank you very much. i know we'll move over to the far east issues again and i'm passing the floor to prime minister. mongolia lost some of mine. oh you added and the floor is yours

. ah, newman, bonnie dunes controlled summerville from new york. first of all, i would like to welcome true to exxon seem to present to us and for duration i buy them and put in for an invitation to take part in this form. i would like to read all the delegate delegations participating in this form and all the participants this form is taking place in a quite difficult conditions of the host and amy world and quite difficult. international relations are the same time. this opens up a new opportunities for on future corporations and i hope you will agree with in

order to overcome these a circumstances we all need to get together. and in such a way through these united efforts will be able to overcome all the difficulties today. i would like to speak not about difficulties, but about more positive things that could be made together. i'll have to add to this forum. i would like to let you know about major projects, original importance that will be implemented in mongolia onto the long term program of development to which is called a vision 2015. and the 1st stage of this project is called the new recovery policy team. the population of mongolia is 3300000 people and we are on the 99. a position is the index of human development and the gross domestic product is

$13800000000.00 us dollars. and a g, d p and the a d. p per capita. it is a $4.00. and so we have lots of issues that should be resolved in through united efforts. in 2020 mongolia adopted a long term, a program called a vision 2050. the major goal is expanding the economy. i. it should be 10 fold increase and also development of the social and economic ensuring economic growth and a better quality of life for the people of mongolia. for this i, during the post epidemic period, we began the 1st stage of this program implementation. it's called the new

recovery policy. there are 6 major areas and there will be over 50 project visa, voided points, energy and balanced. the development of townsend and rural areas, increasing effectiveness of a state administration, this policy of in your recovery and will ensure and the 3 fold increase of export. and 2.5 increase of other m economic our parameters. and also the threefold increase of the throughput and capacity of cross border points. implementation of this program is aligned with russia and china programs of development and other countries of this region. it is extremely important for investors to take part in it,

as well as major companies of our region. we don't have much time. i'm going to give an overview of the border and points and ports which are relevant for economic development for us. border ad points are of great importance as we don't have access to to what you see here, that we have 42 elanda border, a points and a 6 m. at ports we have 29, a gross border points with russia and 13 with china. and we always followed the standards of our neighboring countries and we hope to bring our own cross border points to the international level. the threefold increase of the throughput capacity of the border points. and we'll provide conditions for making gallium transit

a country for this region. tom was working for me for any better off implement for me at the as an economic a forum our we were discussing the project of the averted comb, a real a project. yesterday we exchanged opinions on this project. who is it, the i had of the russian rail company in such a way this project or will continue to connect in russia, mongolia and china thought about having to be changed from one carlo through an entry level and then go on as committed to a work with international investors of war and modernization of border points. and it also in all the projects aiming at an air traffic and cargo projects development. in addition, are there on projects in the area of energy him because we are ready to

take the hard to in major energy project in the region. and this will provide not only for the inner in our requirements, but we are also ready to export energy as for green and a g a. we are going to begin construction of air hydro power plant into redundant buran. and the construction will begin next year. and we are discussing the, again goal, i'm a hydro power plant or with russia. and also we're discussing other existing energy facilities. and in that mongolia with russia here. and this mob, you can see, are the asides out for a new construction and the existing energy of facilities. we are open to a dial,

go away as an investor companies and a part of our delegation as a minister of energy and other officials who could discuss all these projects with the russian side were in a 3rd go over as a new recovery policy is recovery of the industrial 2nd term, 92 percent a is the mining industry and 31 percent is an export of corporate concentrate to 30 percent is a cold export. 11 percent is gold and iron or since january 2022, we began works for a construction of underground r you tell going a coal mine and it is one that among the top 5 i in terms of the a discovered resources. and here in this map you see information about various projects including the manufacturing,

all cerebral talk to anyone here hold on to floss, blocked off, ultimately victor guster. i'm here to talk about a phone fish for 2 years time time. and today we had any go stations with prom. it is on a gas pipeline and from mongolia to russia and all the works of this project to are following the schedule that was previously agreed on by our parties to day and to several days that we are going to be made as the am. but he presented teeth of the shingles about the council of the i peoples the congress. and we are going to discuss of this in mongolia in order to implement all the reforms. we are working on improvement of the investment a situation and we are going to reach new level of spread

out export and tray and international trade. today we are open up for him, investors and to major companies to begin active corporation with them. and goalie am in order to implement all the projects that we have identified from done. oh we, i have an e, mongolia, estate services, a poor town, and a you can find all information there and we'll be happy to see you as guests of our country. this form is taking place and difficult times, but of course, we know that crisis times are not very pleasant, but they're the same time they open up new opportunities. again, i would like to stray, so commitment to a work together m that i was russian partners in our region. and we believe that all the difficulties will be over am. and after this post on dam make

a period or we'll be taking part in the integration processes of our region. and i'm absolutely sure that very soon. and we will see other times when will be able to work as successfully on all the infrastructure projects. thank you. for them warm up or so. thank you. i would like to ask you a question on this. you mentioned and cielo seberio the power of siberia, i guess a pipeline for, from russia to china. why do you think that it should go via mongolia? has a decision been taken already because i heard that the china was against it, or at least there was some misunderstanding. a tom to suit came jenny, this is a very big gum regional project, but that's what i'm for here. we have, i developed a, a,

a visibility study and today we were discussing it in detail with a gas prom leadership. and very soon we are going to bring these documents for consideration of the apartments of our countries and during the aging olympic games. i met the chairman and the head of the government of the people's republic of china, which was in all and we support this project. we are for it successful implementation and we are absolutely sure that it will be completed. referring to your question, why this guess by blind should go by mongolia, because this is 1st of all in integration project. and we of these 3 countries we should get together and it's not just a pipeline project. there's also a rail, a line, and

a road automobile road, and there's them air traffic as well. all this showed united to our countries and this will ensure our stable economic growth. and this region will become more competitive all over the world. the human quality song, which is why we are working with our neighboring countries and all the calculations should be done by c butcher or by in 2029. so all these works we'll have been finished by now, and i know that you are all aware of certain restrictions on cap price says full gas i used that aren't going to be introduced by a g, a 7 and the european union. and once gave us the whole

a weston regional will be cut off for us so we would be possible. and to review the soup soon. like with that, we are 1st of all thinking about development of our country and this concerns all mineral resources and all primary energy carriers. and, you know, we have so much of these resources. so we now we'll be able to meet the demands of everyone who is interested in this. and this is very beneficial for our partners. and this, it can be very beneficial for our european buttons as well because our gas is and many times more competitive than any. and l n g brought from overseas it gas brought from russia for decades and was used to in the leading economies of europe. and definitely they used this competitive edge on the basis of that to him. and if they believe they don't need this competitive

advantage. and i, it is all right here we are not concerned in my van to kaylee, there is a great demand in energy resources. and not only in china, i, we know that little, everybody in the world is, or if there's a chinese economy is growing. and the demands are growing as well. and there are many countries like that all over the world. yoyo be skewed differently. the european market has been always primary i importance market. my dissertation is changing rapidly. and up at the beginning of this crisis around ukraine. you know, this is that it has a being of primary importance. and even as the united states at partners, they shifted their attackers with ellen g to the eastern countries.

you know, the americans are very pragmatic. we were listed numerous, okay. they've been fighting with one of our projects on ellen. gee, it is in the arctic. we're not going to point to a certain leaders of this, but didn't 1st, ellen g, tanka rom, this field. i went to the united states because a toys profitable, you know, when i heard about it, i couldn't believe them. i said why? i, because i, it was profitable. so they are really very pragmatic and we can learn a lot from them. as for our resources was made to, you know, get, the demand is so high at international markets. so we won't have any problem with implementation and selling. and this is one of the largest economies in terms of the consumer prices parity

and the demands are growing. okay, we have stable agreements and relations arm at unprecedented high level. the power of us iberia at pipeline is functioning. we are studying other routes. and one of the possible ways is my as a pre morse key cry via mongolia. we sort of like you to show you pretty much course, those decisions can be taken straight away and it's not because somebody doesn't want it, but it is all due because of the economic conditions and geological conditions. as far as i know now the energy operators, they agreed that yes, one of the roots, amazing at past avaya mongolia and mongolia is a friendly country in terms of political to more affairs. and we can ask mr.

miller, i'm sure that to major parameters of this deal have been agreed upon. we even agreed with our chinese, their partners on a price on a indication. and this is always very important. we know that the chinese partners might be free and difficult to negotiate us because they follow the interest of their country. first of all, but we look at the same time they've been was table partner. their market is enormous and we are not going to deal with l. n g a. i gave you an example of the a 1st arctic i as b d, it is an l. i of this, ellen g, a project. the 1st tanker has been delivered already. everybody buys and if for european countries would like to wish to reject their center, they don't need these competitive advantages. that is fine. what about restrictions

on the gas prices? well, this is another silly thing. this has nothing to do with the market relations and this decision will have no future, all administrative restrictions in that they see of world trade, they will lead only to a disproportionate and a higher prices. what is happening now into european markets? what did this is the result of the european specialist and european commission, our work we have been always insisting on forming the prices on the basis of long term contracts. and this should lead with you to linked to your market category oral and oil products. and they are usually determined by the market and a gas prices. they are linked to this in

a long term perspective. why is that? because the production of oil and gas requires a lot of investments and those who do invest, they need to be sure that these are produced resources that will be sold. that is why we're interested in the long term contract. and they were saying, no, it is not exactly a line or the market trends we needed to follow this bond to market with them were spot prices market. i kept saying, no, it is not so because metal to them gas market is something different. and those both buyers and sellers, they need to be absolutely sure in the stability of relationships. and they were saying no at that time, the prices were very high, $100.00, a 1000. and what about? yeah, now it was 300 later and now it is the what 3000 already. we kept saying,

no, i don't want to do it, but they made they forced to do their company's number. you had to do it. and now a, we a had to use a spot prices, and now it is an element of all the prices. it is not to our requirement. this was imposed and not only by the europeans. so these are really in nonsense decisions, most recently. and now when they faced or is that happening, the edison trying to restrict and the prices in such a in some way. and this is a nonsense. so this will lead to a rising prices at international markets, including european ones. nothing can be done through administrative decisions. what about do not stream to was built in vein? no, no, nothing is done in vain. a we now developed those technology technologies. and if

you're interested, whether we can switch on the i'm and to this no, to stream a to connect to the i will be ready to do that. now i was just asking about a construction of a pipeline. a stream is regularly closed on now and everybody keeps saying, well, russia is using energy weapons. well, this is again, something silly and this is nonsense. we supply whatever is required by our partners. so they can place an order and we deliver em. so we are not seeing pumping it into the air, so there are orders and then we deliver. you do that, but what happened? okay, there are 2 lines of this pipeline in the ukraine, and one of them was switched off. it was disconnected by ukraine and there was a pretext to excuse the couldn't to control it. and so.