Mongolia considers joining Eurasian Economic Union. It was stated at the meeting between Chairman of the EEC Board Tigran Sargsyan and Mongolian Ambassador to Russia Banzragch Delgermaa. Mr Sargsyan expressed the confidence that EAEU and Mongolia will continue to successfully develop all-round cooperation in accordance with the memorandum of cooperation signed last year. The Mongolian Ambassador noted that a study group was established with the aim of developing the economic dialogue between EAEU and the government of Mongolia. Ambassador Delgermaa suggested considering the reduction of import duties on a number of Mongolian goods, and applying the experience of creating the FTA between Vietnam and EAEU to Mongolia. The sides agreed to hold a meeting of the study group in October. It will be co-located, on the proposal of the Mongolian Ambassador, with a joint business forum with the participation of businesses of Mongolia and the EAEU countries.

Published Date:2016-09-05