Russian official calls cooperation with Mongolia critical

A Russian official has said cooperation with Mongolia is critical to plans to develop the Russian Far East.

I.Shuvalov, Deputy Chairman of the Government of Russia, told the media “We have to establish joint ventures both with Mongolia and China and not only to accept the development of Chinese and Mongolian enterprises on the territory of Russia, but to actively widen our own opportunities on the territories of Mongolia and China.”

Shuvalov said he would encourage Mongolians to establish businesses in Russia’s Far East and for Russians to create businesses in Mongolia.

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