Mongolian and Russian Businesses Seek to Expand Cooperation

Economy
ooluun@montsame.gov.mn
2025-11-11 17:05:01

Ulaanbaatar, November 11, 2025 /MONTSAME/. The Mongolian National Chamber of Commerce and Industry (MNCCI) today organized a business meeting aimed at expanding cooperation between Mongolian and Russian enterprises.


During the meeting, businesses from both countries presented new products, services, and technologies, while discussing future cooperation and mutually beneficial opportunities.


The event served as an important platform for strengthening trade and economic ties between Mongolia and Russia and for advancing business partnerships.


Participants from Russia included representatives of manufacturing and trade organizations, as well as members of the “Rosspetsmash” Association of Specialized Machinery and Equipment Manufacturers. The association unites 157 enterprises engaged in the production of agricultural, construction, and road machinery, components, and food processing equipment.


In 2024, trade turnover between the two countries amounted to around USD 2.9 billion.

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