Donskoi: Trade and economic ties of Mongolia and Russia require immediate attention

2015-09-23 16:13:19

Ulaanbaatar /MONTSAME/ Russian Minister of Natural Resources and Environment S.E.Donskoi and First Deputy Minister of Agriculture E.V.Gromyko paid courtesy call to the Speaker of Mongolian Parliament Z.Enkhbold, who is in Moscow with an official visit, on September 22.

The main problem that needs immediate attention from both sides is the slackening trade and economic relations of Mongolia and Russia, Mr Donskoi highlighted. He noted the development of economic relations is directly connected to the interactions between the two legislatures.

Moreover, the governments should focus on the conditions of three main Mongolian-Russian joint ventures – Erdenet Mining Corporation (EMC), Mongolrostsvetmet LLC and Ulaanbaatar Railway, and should take immediate actions, he said.

He also mentioned that the bilateral trade volume in 2014 has shown 7 percent decrease compared to 2013. “However, we are confident that Mongolia and Russia can achieve such an upgraded trade relations as the bilateral political ties”, noted Mr Donskoi.

Minister Donskoi said that Russia is mainly interested in importing agricultural products from Mongolia. He expressed his belief that Mongolia’s signing of MoU on Cooperation between the Eurasian Economic Commission and the Government of Mongolia will result in a great contribution to the trade ties.

Mongolia now has 37 qualified meat factories in 15 its aimags, that have been granted certificates from the Russian inspection authorities, and the country has received nonrefundable aid in forms of 37 million doses of foot-and-mouth disease vaccines and 22 sanitation machines in 2011-2012, informed the First Deputy Agriculture Minister of RF Mr Gromyko.

Speaker Z.Enkhbold said that he agrees that the property issues that have been discussed by the two Presidents in 2009 must be forwarded now. “We also need to reflect on the declines in trade and economic volume. The main factor of the fall in Mongolia’s traditional exports to Russia is the increased tariffs”, he noted.

“It is time we sat behind the negotiation table to settle the tariff and other issues regarding meat trade”, he said.

Present at the meeting were, N.Batbayar, S.Odontuya, G.Uyanga and B.Choijilsuren MPs, adviser to the Speaker A.Gansukh, and chargé d'affaires for Ambassador of Mongolia to RF Ch.Battomor.

After this, Mr Z.Enkbold received a member of the State Duma (Parliament) of Russia and the head of Parliamentary Group for Cooperation with Mongolia S.M.Mironov.

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