Interfax cited Mr Viktor Yanukovych Ukrainian President as saying that Ukraine is interested in the extraction and refining of mineral resources in Mongolia.

He said that "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."

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

(Sourced from Interfax)