Minister of Foreign Affairs of Mongolia L.Purevsuren, Head of the Russian-Mongolian Government Commission, has met with representatives of the biggest Russian energy company to discuss trade.
Bilateral relations with Mongolia's two neighboring countries are the responsibility of the Minister of Foreign Affairs of Mongolia. Minister L.Purevsuren met with representatives of Russian energy company ESN Group, led by President Grigori Berezkin, and exchanged views regarding trade and the economic relationship of the two countries, and investment possibilities in Mongolia.
The Minister of Foreign Affairs said that he aims to pursue equal cooperation with both Russia and China, but the Russian side stressed that 2014's foreign trade balance with Mongolia was unequal and too one-sided. Looking back at the last year, according to the foreign trade balance, 91.7 percent of total exports went to China and only 0.9 percent to Russia.
During the visit to Mongolia, the representatives of ESN Group also plan to meet with the Prime Minister of Mongolia and several Members of Parliament.
ESN Group plays an important role in petroleum and energy production in Russia and supplies energy for the railway networks of Russian Railway Company.