Russian Altai Republic interested in Mongolian livestock sector www.news.mn
Located in western Siberia, the Russian Altai Republic shares more than just a common border with the mountainous west of Mongolia: both are important agricultural regions, well known for ecologically pure products and the “Altai” brand. On Tuesday (7 November), the Mongolian National Chamber of Commerce and Industry (MNCCI) hosted a business meeting for a trade delegation from the Republic. The two sides exchanged views on mutually-beneficial cooperation in energy, heating, agricultural facilities, wheat, flour and fodder production, seabuckthorn oil processing and rail transportation. Representatives from over ten companies are in the Russian delegation; clearly, top of their agenda is the Mongolian livestock sector.
During the MNCCI conference, the Mongolian side introduced the Tsagaan Nuur Free Economic Zone to the Russian delegation. Meaning “White Lake”, the Tsagaan Nuur Free Economic Zone was established in November 2005 to catalyze the development of the far western region of Mongolia – in other words, the part of the country which shares a border with the Russian Altai Republic. The Free Economic Zone is located 68 km away from the administrative centre of the province of Bayan Ulgii and some1,720 km away from Ulaanbaatar. The Russian border is much closer - only 32 km.
Published Date:2017-11-08