Trilateral forum on trade and economic cooperation held
Trilateral forum on trade and economic cooperation is held.
Trilateral forum on trade and economic cooperation is held. Speaking at the 8th Forum of Mongolia-Russia-China Cooperation in Trade and Economy which was held in Erenhot of the Inner Mongolian Autonomous Region of China, Vice Minister of Foreign Affairs of Mongolia expressed satisfaction with the equal and friendly cooperation with neighboring Russia and China which is one of the priorities of Mongolian foreign policy. Mentioning that a list of 32 projects have been approved after the three countries’ Presidents concurred a program on setting up an economic corridor, the Vice FM said these projects reflect a number of works to create a trans-boundary network of railway and auto-roads, to intensify the cooperation in transit transportation, to render customs tax advantages to Mongolian export products and to abolish non-tariff hurdles. The Vice Minister voiced the hope that the trilateral forum would significantly contribute to developing the collaboration of border regions, bringing it into a new level and opening new opportunities for companies to create new markets and partnership. The Mongolian side proposed China to make activities of the customs, quarantine and inspection authorities quicker in order to boost the bilateral trade and economic cooperation and to support Mongolian businessmen.
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