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Mongolia|business|August 23, 2017 / 02:08 PM
Mongolia eyes hay and fodder supplies from Russia

AKIPRESS.COM - Mongolian Prime Minister Jargaltulgyn Erdenebat received Russian Deputy Minister of Foreign Affairs Igor Morgunov on August 22, the state media report.

PM Erdenebat said Mongolia is in talks with Russia on hay and fodder supplies as Mongolia is at risks of losing its harvest this year due to unfavorable weather conditions in most parts of the country. He also said Mongolia is in talks with Russia to export processed meat and breeding livestock.

“These issues as well as some agreements signed at the St. Petersburg International Economic Forum are expected to be finalized during the Eastern Economic Forum due September 6-7 in Vladivostok, Russia. Preparations have been completed at our governmental level. We thank the Russian Foreign Ministry for support,” Mr Erdenebat said.

Regional and boundary cooperation is one of the important parts of the Mongolia-Russia relations. The inter-region trade accounts for 70% of the total trade turnover between the countries, so the governmental support from both countries is vital for organizing boundary exhibitions, the PM said.

Noting that the trade turnover has been increasing in first half of this year although it saw a decline in last two years, the Premier said. He then asked Mr Morgulov to focus attention to a chance of setting up a working group to establish an economic partnership agreement between the countries.

The Russian Vice FM said his country is working to prepare a visit of the Mongolian Prime Minister to be paid in this year.

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