You're reading: Yanukovych: Ukraine wants to extract mineral resources in Mongolia

Ukraine is interested in the extraction and refining of mineral resources in Mongolia, Ukrainian President Viktor Yanukovych has said.

"Of course, we are very interested in Ukraine’s participation in the development of other mineral resources on Mongolian territory and their further possible refining on Mongolian territory," Yanukovych said at a joint press conference with Mongolian President Tsakhiagiin Elbegdorj in Kyiv on Wednesday.

Yanukovych also said that Ukraine could use its own technologies and share with Mongolia its experience in using such technologies, in particular, in the coal chemical sphere and the uranium ore sector. The Ukrainian president also noted that the issue concerned fuel for nuclear power plants and raw materials for them.

In addition, Yanukovych noted that Ukraine wanted to extract various mineral fertilizers for their further use in agriculture.