Mongolia signed a temporary trade agreement with the Eurasian Economic Union.

Mongolia Signs Temporary Trade Agreement with the Eurasian Economic Union Led by Russia

Montsame, Ulaanbaatar, July 1st - Mongolia and the Eurasian Economic Union recently signed the "Temporary Trade Agreement between Mongolia and the Eurasian Economic Union." Mongolian First Deputy Prime Minister and Minister of Economic Development N. Uchirlel, representatives from the Ministry of Economic Development and the Ministry of Foreign Affairs of Mongolia, and Acting Chairman of the Chamber of Commerce B. Lkhagvazab attended the meeting of the Supreme Council of the Eurasian Economic Union and the Fourth Eurasian Economic Forum held in Minsk, the capital of Belarus, from the 26th to the 27th of this month, and signed the aforementioned agreement.

Mongolian manufacturers and entrepreneurs will be able to export 367 types of goods to the member states of the Eurasian Economic Union - Russia, Belarus, Kazakhstan, Kyrgyzstan, and Armenia - without tariffs. For example, the 5% tariff on diesel, kerosene, and fuel oil has been abolished, causing fuel prices to drop by 147 tugrik per liter.

Original article: https://www.toutiao.com/article/1836486733764608/

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