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Home›Mongolia region›Russia and Mongolia to reinvigorate cooperation, including jointly with China – Russian Politics and Diplomacy

Russia and Mongolia to reinvigorate cooperation, including jointly with China – Russian Politics and Diplomacy

By Stacey D. Waddell
December 16, 2021
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MOSCOW, December 16. /TASS/. Russia and Mongolia intend to strengthen economic cooperation, boost trade and investment and support ideas that would take them to a new level, according to a joint statement marking the 100th anniversary of diplomatic relations between the two country.

The Heads of State confirmed “their readiness to provide comprehensive support to the joint-stock company Ulan-Bator Railway in order to increase the economic efficiency of this company, to continue the modernization of the road and to create the conditions necessary for its development as a railway-border rail corridor,” reads the statement, which was adopted following talks between Russian President Vladimir Putin and his Mongolian counterpart Ukhnaagiin Khurelsukh.

The document also notes that “the parties will continue close interaction in order to complete the process of registration, in accordance with the current Mongolian legislation, of the property rights of the Russian Federation to real estate and re-registration of the rights of the Russian Federation to use land in Mongolia.”

Moscow and Ulaanbaatar will revitalize the implementation of the roadmap for the development of cooperation between Russia, China and Mongolia and the 2016 program for the establishment of the China-Mongolia-Russia economic corridor “to further deepen cooperation in this promising field”. trilateral format.”

The presidents confirmed “their interest in continuing to expand cooperation in order to maximize the advantage of the geographical location of Russia and Mongolia for the development of transit between Asia and Europe”. The statement said they are satisfied with the “successful advancement of the gas pipeline project from Russia to China via Mongolia and will continue to provide necessary support for the activities of authorized companies.”

The leaders also welcomed the signing of a document on border checkpoints and the simplification of traffic across the Russian-Mongolian state border and confirmed “their intention to continue work to improve the infrastructure of border checkpoints”. control and increase their throughput”. They approved “the establishment of a joint bilateral commission to conduct the next inspection of the Russian-Mongolian state border, the start of work on which is scheduled for 2022”.

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