Business between Mongolia and East-Siberian region of Russia discussed

Oyundelger 2017-02-16 08:02

Economy

The Mongolian National Chamber of Commerce and Industry and East-Siberian Chamber of Commerce and Industry co-organized a meeting involving businesspeople from Mongolia and Russia.

Business between Mongolia and East-Siberian region of Russia discussed. The Mongolian National Chamber of Commerce and Industry and East-Siberian Chamber of Commerce and Industry co-organized a meeting involving businesspeople from Mongolia and Russia. The representatives from 26 entities of Irkutsk city of Russia attended the meeting, which was held on the sidelines of the visit by S.G.Levchenko, Governor of the Irkutsk region to Mongolia. During the event, members of the Board of Directors of the Mongolia-Russia Friendship Society conveyed a request from Mongolian entrepreneurs and business entities to the Russian side on decreasing the import duty. Because, the comparatively higher rates of customs duty Russia imposed on importing products from Mongolia put burden on Mongolian business entities. Russian companies engaged in mining, construction, woodworking, chemical industry, road and trade network, production of food and alcoholic beverages, agriculture, freight forwarding and machinery promoted their products and services during the event. They expressed their willingness to supply Russian products and goods on the Mongolian market. As such, Mongolian and Russian business entities agreed to promote the each economy by reciprocally supplying their products and strengthening bilateral cooperation.