Mongolia-Russia trade turnover increased by 40 percent

Economy
batchimeg@montsame.gov.mn
2018-08-29 14:05:06
Ulaanbaatar /MONTSAME/ On August 28, E.Oyuntegsh, Secretary General of the Mongolian National Chamber of Commerce and Industry (MNCCI) and Ye.V.Averina, Deputy Head of the Chamber of Commerce and Industry of Tyumen Region of the Russian Federation, signed cooperation agreement during the meeting with business people of Tyumen region, co-organized by MNCCI and the Mongolian National Association of Food and Agriculture.

At the meeting, Russian delegation including M.V.Vasiliev, Trade Representative of Russia to Mongolia, Deputy Head of Department of Investment Policy of the Chamber, Director of Ochakovo Company and representatives of Tyumenistalimost and Slada companies introduced their products.

In particular, Ms. Belousova Lola, manager of Slada Company, which produces over 40 thousand tons confectionaries per year and exports its products to China, Belarus, Uzbekistan, Ukraine and Mongolia, said "The survey shows that Mongolian consumers enjoy Slada's products; thus, we are willing to increase our sales in Mongolia."

During the business visit, B2B meeting took place, at which business people of the two countries exchanged views and sought cooperation opportunities.

The Mongolian side expressed its interest to collaborate with Ochakovo and Slada companies and develop cooperation in agricultural field, requesting to connect with companies of this field through the Chamber of Commerce and Industry of Tyumen region.

M.V.Vasiliev, Trade Representative of Russia to Mongolia said that it has been over a year since the Russian Trade Representation Office was opened in Mongolia. During this period, business relations between the two countries have improved and bilateral trade turnover has been increased by 40 percent.

B.Batchimeg