Officials complete the revision of the China-Mongolia border railway agreement - News.MN

Officials complete the revision of the China-Mongolia border railway agreement

Officials complete the revision of the China-Mongolia border railway agreement

Today (23 November), China’s minister of transport and his Mongolian counterpart held a video meeting, during which the two sides exchanged in-depth views on relevant issues in the field of transport between China and Mongolia, including cooperation in highways, railways and civil aviation, read a post on the official WeChat account of the Chinese Ministry of Transport (MOT).

The dialogue came just ahead of a state visit to China by Mongolian President U.Khurelsukh from 27-28 November, according to the diplomatic agenda released by the Chinese Ministry of Foreign Affairs on Tuesday.

During the Wednesday meeting, Li Xiaopeng, Chinese minister of transport, said that in recent years, the economic and trade relations between China and Mongolia have been developing rapidly, and the demand for cooperation in transport, including infrastructure construction and connectivity, has been expanding.

In the first half of 2022, China and Mongolia’s bilateral trade accounted for more than 60 percent of Mongolia’s total foreign trade volume, according to customs data.

S.Byambatsogt, Mongolia’s minister of road and transport development, said that Mongolian transport authorities attach great importance to deepening friendly and cooperative relations with Chinese transport authorities.

The two sides aim to jointly revise the agreement on international road transport between China and Mongolia and actively promote China-Mongolia-Russia international road transport cooperation along the Asian Highway 4 (AH4) of the Asian Highway Network.

In September, the first China-Mongolia cargo train since the launch of a new “railway express” service featuring rapid customs clearance departed from Ulanqab in North China’s Inner Mongolia Autonomous Region to Mongolia.

The railway express service uses digital and paperless administration, allowing customs to conduct inspections of the cargo goods online while simplifying the application procedures, according to a statement sent to the Global Times from the Customs of Jining in Ulanqab. (Source: Global Times)

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