Trade turnover between Mongolia and Belarus increased by 22 percent

Economy
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2019-01-29 18:35:35

Ulaanbaatar /MONTSAME/ The trade turnover between Mongolia and Belarus reached USD 16 million in 2018, 22 percent increase compared to 2017. Officials highlighted it during the business meeting between the two countries took place today, January 29.

 


About bilateral economic ties and cooperation, Deputy General Director for Foreign Economic Activity at Minsk Department of the Belarusian Chamber of Commerce and Industry Dubova Tatyana Yaroslavovna said “We have come to Mongolia to augment trade volume in Mongolia and to broaden cooperation. Representative offices of the Belarusian biggest machinery and equipment companies have been operating in Mongolia. This time, we signed an agreement on supplying elevator for flour mill. Also the two Chambers of Commerce and Industry renewed cooperation agreement.  


15 representatives of 11 Belarussian companies in the fields of mining, food, agriculture and energy arrived Mongolia. At the meeting, the businessmen mostly touched upon transportation issues. “For example, when supplying equipment from Belarusia to a meat processing plant in Uvs aimag, the transportation must pass through Ulaanbaatar instead of directly transporting through border station of neighboring Russia. The Belarusian side asked relevant public organizations to help solving this problem, MNCCI General Secretary E.Oyuntegsh said.


Present at the meeting were Ambassador of Belarus to Mongolia S.Chepurnoy and trade representatives of the Embassy of Russia in Mongolia. Business delegation from Belarus will visit Mongolia for two days.