On Thursday (26 April), Mongolian Prime Minister U.Khurelsukh, held an official meeting with Yury Trutnev, Deputy Prime Minister of the Russian Federation and Presidential Envoy to the Russian Far Eastern Federal District. Earlier today, a business roundtable entitled ‘Russia’s Far East and Mongolia: Cooperation Opportunities’ took place in Ulaanbaatar to coincide with the Russian Deputy Prime Minister’s visit.

At the meeting, Mr Trutnev promised that Russia will support Mongolia in signing the free trade agreement (FTA) with the Eurasian Economic Union. In return, Mongolian Deputy Prime Minister U.Enkhtuvshin proposed to increase the volume of exports to Russia, in particular meat products, leather, cashmere and wool. Mongolia is keen to attract more  business investment from Russia.

It is hoped that today’s roundtable with representatives from the Russian Far East will be the first of many.