Mongolian and Russian Businesses Seek to Expand Cooperation
Economy
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.
Ulaanbaatar