Post sponsored by

MIL OSI Translation. Region: Russian Federation –

The meeting of the co-chairs of the Russian-Mongolian Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation was held in the format of a video conference.

Deputy Prime Minister of the Russian Federation Viktoria Abramchenko and Deputy Prime Minister of Mongolia Sainbuyangiin Amarsaykhan in the format of a video conference discussed the state of trade and economic cooperation, as well as topical issues of Russian-Mongolian interaction in the field of energy, transport, environmental protection, health care, education and culture.

Within the framework of the event, the mutual commitment to strengthening good-neighborliness and comprehensive strategic partnership with Mongolia was confirmed, taking into account the events held in 2021 on the occasion of the 100th anniversary of the establishment of diplomatic relations and the 40th anniversary of the joint flight into space.

Particular attention was paid to combating the spread of the new coronavirus infection COVID-19. “In 2020, when the whole world is faced with the global threat of the novel coronavirus pandemic, Russian-Mongolian relations have proven their strength. Promptly, at the request of Mongolian partners, Russia supplied Mongolia with test systems for 5,500 studies on COVID-19, a mobile laboratory for express diagnostics, and provided the necessary advisory and methodological support, free of charge, “said Victoria Abramchenko.

Despite the restrictions due to the spread of coronavirus infection, it was possible to maintain the intensive nature of interagency cooperation and prevent a sharp drop in mutual trade.

“In 2020, the pandemic made adjustments to the dynamics of Russian-Mongolian bilateral trade, although at the end of the year its volume amounted to a“ solid ”1.4 billion US dollars. We expect a gradual recovery in trade and economic cooperation indicators after the lifting of restrictions related to the coronavirus. This should also be facilitated by the work within the framework of the intergovernmental commission headed by us. We have a lot of topics for joint cooperation, ”said the Deputy Prime Minister of Russia.

Mongolia’s trade mission in Vladivostok, which is preparing to open in 2021, is also intended to increase the pace of mutual trade, she said. According to Victoria Abramchenko, a corresponding order of the Government of Russia has already been prepared.

The Deputy Prime Minister also announced the signing of the Russian-Mongolian Intergovernmental Agreement on interregional and cross-border cooperation, the development of a Medium-Term Action Program for the Development of Interregional Cooperation for 2021-2025. In the humanitarian sphere, in the current academic year, 550 state scholarships have been allocated for the training of Mongolian citizens in Russian universities, the initiative of Mongolian partners and the creation of a joint Russian-Mongolian school in Ulan Bator has been supported.

The issue of concluding a free trade agreement between the Eurasian Economic Union and Mongolia continues, designed not only to increase the volume of Russian-Mongolian trade, but also to promote the expansion of the presence of Mongolian goods in the markets of the EAEU countries.

Following the meeting, 10 key tasks of the commission’s activities in 2021 in areas of mutual interest were identified, and the final protocol of the meeting of the commission’s co-chairs was signed in a remote format.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

MIL OSI Russia News