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Russia, Mongolia, To Boost Trade And Economic Ties

2021 Bilateral Trade Grew By 24%

Russia and Mongolia have adopted a declaration that sets clear targets in terms of boosting cooperation between the two countries, Russian President Vladimir Putin announced following talks with his Mongolian counterpart Ukhnaagiin Khurelsukh late last month.

“President Khurelsukh and I have adopted a joint political declaration as a follow-up to the Treaty on Friendly Relations and Comprehensive Strategic Partnership signed in 2019,” Putin said. He specified that the document “sets clear targets in terms of deepening bilateral ties in various fields of cooperation.”

Putin added that Russia and Mongolia had prepared and planned to sign a number of intergovernmental and interagency documents covering many areas of cooperation, including the economy and trade.

According to Putin, the fact that the Mongolian president chose Russia as the destination for his first foreign visit (Khurelsukh was elected…

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