Mongolia-Russia trade turnover reaches USD 1.4 billion as of first 8 months

Politics
munkhzul@montsame.gov.mn
2021-10-13 17:57:58

Ulaanbaatar /MONTSAME/. On October 12, a virtual meeting took place between the Parliamentary Standing Committee on Security and Foreign Policy and the Federation Council Committee on Foreign Affairs of Russia. The meeting was organized on the occasion of the 100th anniversary of the establishment of diplomatic relations between Mongolia and the Russian Federation.


In his opening remarks for the virtual meeting, Chair of the Federation Council Committee on Foreign Affairs of Russia Grigory Karasin highlighted that Russia continues to consider strengthening friendly relations and cooperation with Mongolia as a priority for the country’s foreign policy. He then continued on to say, “The friendly, traditional relations between our two countries are based on the history of cooperation over the years as well as cooperation in the sectors of trade, economy, and culture, and within the framework of multilateral mechanisms. During his visit to Mongolia in September 2019, President of the Russian Federation Vladimir Putin signed the Mongolia-Russia Treaty on Friendly Relations and Comprehensive Strategic Partnership without an expiry date, which is an expression of how it is intended to expand the traditional, good neighborly relations between the two countries by sustainably developing bilateral relations in all sectors. The committee puts a significant amount of emphasis on works to expand relations between Russia and Mongolia, and especially to develop inter-parliamentary cooperation.”


 

In turn, Chair of the Parliamentary Standing Committee on Security and Foreign Policy B.Battumur expressed gratitude to the Federation Council Committee on Foreign Affairs of Russia for providing support in the ratification of the Treaty on Friendly Relations and Comprehensive Strategic Partnership between Mongolia and the Russian Federation. Noting that cooperation between the parliaments of Mongolia and Russia have been actively expanding in recent years, he highlighted that Speaker of the Parliament G.Zandanshatar held a short, yet effective meeting with Deputy Speaker of the Federation Council of the Federal Assembly of the Russian Federation Konstantin Kosachev on the sidelines of the 5th World Conference of Speakers of Parliament that took place in Vienna, Austria. 


“One of the main mechanisms for bilateral relations is the Mongolia-Russia Intergovernmental Commission, of which the 23rd regular meeting will take place this year. As of the first 8 months of 2021, bilateral trade turnover reached USD 1.4 billion, increasing by 35 percent compared to the same period of the previous year. We consider that it is a good indicator during the difficult circumstance of the pandemic.


Furthermore, studies are successfully being carried out for the natural gas pipeline connecting Russia and China through the territory of our country. So far, the side of Mongolia has established the main documents for cooperation with the ‘Gazprom’ company of Russia,” he said and expressed his hope that the large-scale project would become a noteworthy project in the history of Mongolia-Russia relations and trilateral cooperation. 


Afterwards, Ambassador Extraordinary and Plenipotentiary of the Russian Federation to Mongolia I.K.Azizov and Ambassador Extraordinary and Plenipotentiary of Mongolia to the Russian Federation D.Davaa gave remarks in the framework of Mongolia-Russia relations and cooperation. Remarks were also given by Deputy Chair of the Federation Council Committee on Foreign Affairs of Russia B.B.Jamsuyev and MP, Deputy Chair of the Mongolia-Russia parliamentary group Ts.Anandbazar.

 

In the framework of the virtual meeting, MP, Chair of the Mongolia-Russia parliamentary group N.Enkhbold, First Deputy Chair of the Federation Council Committee on Social Policy A.G.Varfolomeev also gave reports on the development of inter-parliamentary relations and humanitarian cooperation.