Mongolian Businesses Explore Opportunities in the Eurasian Market

Economy
b.unubold@montsame.gov.mn
2026-02-11 09:00:07

Ulaanbaatar, February 11, 2026 /MONTSAME/. A seminar aimed at representatives of Mongolia’s private sector was held in Moscow, Russia, to discuss ways to increase trade turnover between Mongolia and the Eurasian Economic Union (EAEU) and to eliminate technical barriers faced by businesses.


Speaker of the State Great Khural Uchral Nyam-Osor and Chairman of the Board of the Eurasian Economic Commission Bakytzhan Sagintayev held a 1+9 meeting with company executives and key officials, during which they discussed strategic issues of economic cooperation. Following the seminar, EEC Minister in charge of Trade Andrey Slepnev opened the seminar and presented the key provisions, future outlook, and timeline for the entry into force of the Interim Trade Agreement concluded between Mongolia and the EAEU, according to the Mongolian National Chamber of Commerce and Industry.


During the seminar, senior officials from relevant Russian sectoral agencies delivered presentations to Mongolian business representatives. In his remarks, the Deputy Minister of Agriculture of Russia, Maxim Markovich, noted that promoting trade in agricultural products is a priority area of economic cooperation between the two countries. He emphasized the significant potential for cooperation in this sector and expressed Russia’s readiness to increase both the range and volume of goods supplied from Mongolia.


Addressing one of the main challenges faced by Mongolian exporters, inspections and controls, representative of the Federal Service for Veterinary and Phytosanitary Surveillance, Artem Daushev, guided business operators on meeting sanitary and phytosanitary requirements and obtaining internationally compliant certification.


In addition, Head of the Federal Accreditation Service Dmitry Volvach explained the mandatory technical regulations applicable in the markets of EAEU member states, stressing that proper conformity assessment is the basis for ensuring the smooth entry of products into these markets.


Highlighting the important role of customs authorities in accelerating trade turnover, Deputy Head of the Federal Customs Service Sergey Shklyaev introduced customs clearance requirements and presented measures to digitalize documentation, reduce bureaucracy, and save time.



The seminar also highlighted the advantages of modern e-commerce. M. Andreev, Head of the Project Office at Wildberries, shared practical ways for Mongolian manufacturers to expand their sales across borders.


By addressing challenges faced by the private sector, the seminar marked an important step toward enhancing the competitiveness of Mongolian products in the Eurasian market and clarifying the support available to exporters from the government and international organizations. More than 30 business operators from Mongolia’s food production sector, members of the MNCCI, participated in the seminar and explored new export channels and opportunities.