On December 7 and 8, a
Mongolian-Russian business forum was hosted in Ulaanbaatar under the
theme "Mongolian-Russian economic cooperation and its
perspectives".
In 1923, a trade
agreement was signed between Mongolia and the former Soviet Union.
Russia remains to be one of the largest trade and economic partner of
Mongolia. During the forum four areas of collaboration were
discussed which were bilateral relations in the field of economy and
trade, the development of border cooperation, the bilateral
collaboration in the geology, mining, and mineral sectors, and the
bilateral relations in infrastructure, fuel, and energy.
The
Russian delegation was led by A.V.Gordeev, Minister of Agriculture,
the Mongolian side--by D.Terbishdagva, acting Minister of Food and
Agriculture. Over 200 persons took part in the forum from both
sides.
Russian delegation has made some specific promises, one
of which is in supplying 30 thousand tones of wheat for lower price.
“Polimetal” and “Gazprombank” have expressed their interest
in investing in mining sector. Romashev I. V. – director of a
Russian Railway Administration has made it clear that Russia is ready
to invest substantially in the railway sector recognizing importance
of the Mongolian Railway as a bridge between Russian and Chinese
trade.
The forum has
made a progress on several issues on Mongolian-Russian relations
which where left out for several years and its participants agreed
that it will be beneficial to have this forum annually.
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News 
On December 7 and 8, a
Mongolian-Russian business forum was hosted in Ulaanbaatar under the
theme "Mongolian-Russian economic cooperation and its
perspectives".
Comments (1)
