Mongolian and Chinese venture established
Mongolian Chinese joint venture will be established to introduce the international road line from Gantsmod to Gashuunsukhait border point.
A cooperation agreement on international auto transportation between Gantsmod and Gashuunsukhait border points was signed in Bayannuur city of Inner Mongolia, the People's Republic of China. GBM LLC of Mongolia and the auto transportation company of Bayannuur city will establish Mongolian Chinese joint venture to introduce the international road line from Gantsmod to Gashuunsukhait border point. The joint venture will be in charge of the cross-border passenger transportation, international freight forwarding, cross-border tourism, import and export trade of coal, food, mineral, agricultural and livestock products, construction materials, electrical equipment, household appliances and other permitted goods in China and Mongolia.
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