Translation. Region: Russian Federal
Source: Government of the Russian Federation – Government of the Russian Federation –
An important disclaimer is at the bottom of this article.
On the sidelines of the Eastern Economic Forum in Vladivostok, Deputy Prime Minister of Russia Alexey Overchuk held a meeting with Deputy Prime Minister of Mongolia Sainbuyan Amarsaikhan, who arrived at the EEF as part of a representative Mongolian delegation.
Alexey Overchuk held a meeting with Deputy Prime Minister of Mongolia Sainbuyan Amarsaikhan.
During the meeting, a thorough exchange of views took place on the entire spectrum of issues of cooperation between Russia and Mongolia in a bilateral format and in the EAEU format.
The parties positively assessed the dynamics of development of trade and economic relations. In 2024, the volume of trade turnover between Russia and Mongolia increased by 17.8% and reached 2.6 billion dollars. In the first half of 2025, mutual trade between Russia and Mongolia continued to grow, increasing by 4.2% compared to the same period in 2024.
The Deputy Prime Minister noted that the Interim Trade Agreement between the Eurasian Economic Union and Mongolia, signed on June 27, 2025 in Minsk and currently undergoing ratification procedures in the member states of the union and Mongolia, will contribute to a further increase in Russian-Mongolian trade turnover.
Alexey Overchuk drew the attention of Mongolian partners to the need for joint work to resolve issues of non-tariff trade regulation, including intensifying interaction on issues of technical regulation and strengthening cooperation between sanitary, veterinary and phytosanitary control services.
The talks focused on the development of the Russia-Mongolia-China economic corridor and work to strengthen transport connectivity in the Northern Eurasian region.
In 2024, UBZhD transported 33.44 million tons of cargo, 3.3% more than in 2023. Growth continued this year, exceeding 7% in the first seven months. The goal is to reach 50 million tons of transportation by 2030.
Particular attention is paid to cooperation in the educational sector, including the prospects for the development of the branch of Plekhanov University, which over 25 years of work in Mongolia has become one of the flagships of humanitarian cooperation between the two countries.
The Deputy Prime Minister noted that relevant Russian departments and organizations are developing a project to expand and modernize it, to form a modern educational complex based on the branch that meets the highest standards. "This could be a serious step toward meeting the wishes of your community regarding providing Mongolian children with accessible education according to Russian standards," noted Alexey Overchuk.
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.