Mongolia considering joining Eurasian Economic Union Economy
Mongolian Ambassador to Russia Banzragch Delgermaa met with Chairman of the EEC Board Tigran Sargsyan and suggested considering the accession of Mongolia to the Eurasian Economic Union or singing a free trade agreement (FTA).
Mongolia is considering joining Eurasian Economic Union Economy. Mongolian Ambassador to Russia Banzragch Delgermaa met with Chairman of the EEC Board Tigran Sargsyan and suggested considering the accession of Mongolia to the Eurasian Economic Union or singing a free trade agreement (FTA). Mr. Tigran Sargsyan expressed confidence that the EEU and Mongolia would continue to successfully develop all-round cooperation in accordance with the memorandum of cooperation signed between the EEC and the Government of Mongolia past year. He stressed that Mongolia and the EEU have many points of contact. These include the establishment of joint ventures, investment projects. We do not limit the range of topics that may interest our Mongolian partners, he said. Mongolian Ambassador noted that a study group was established with the aim of developing the economic dialogue between the EEU and the Government of Mongolia. Mrs. Ambassador suggested considering, in the context of the work of the study group, the reduction of import duties on a number of Mongolian goods, and applying the experience of creating the FTA between Vietnam and the EEU to Mongolia. The parties agreed to hold a meeting of the study group in October.
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