A meeting between Mongolian and Chinese officials this week is expected to settle issues relating to the land lease terms and conditions at Tianjin Free Trade Zone. J.Gankhuyag, Director of the Mongolian Representative Office at the port, has said that according to convention and also under the MoU signed between the two governments in April last year, Mongolia as a landlocked country will enjoy certain privileges, including tax exemption, in its use of facilities in Tianjin. However, China is yet to respond to a Mongolian request to be allowed to build factories processing agricultural raw materials there.

The Tianjin Free Trade Zone is divided into 4 sub-zones. The 30-sq.-km area allotted to Mongolia has all necessary infrastructure in place and is ready to begin operation once the coming meeting gives the green light.