The EEC Council approved the draft of the temporary trade agreement between the EAEU and Mongolia

The EEC Council approved the draft of the temporary trade agreement between the EAEU and Mongolia
Photo is illustrative in nature. From open sources.
May 14, Moscow . The Council of the Eurasian Economic Commission (EEC) approved the draft temporary trade agreement between the Eurasian Economic Union and Mongolia and sent it to the EAEU member states for internal procedures, the EEC trade bloc told BELTA.

"Following additional consultations with the Mongolian side, we launched the procedures with the partner necessary for signing the temporary trade agreement. The document covers 367 commodity sub-items from each side," said Andrey Slepnev, member of the Board (Minister) for Trade of the EEC.

He added that after the agreement is signed and comes into force, the EAEU will receive preferential access to the Mongolian market for such key items as grain (wheat, barley, corn), MEAT products ( pork , chicken ), dairy products ( MILK powder , yogurt, cheese, butter ), honey, vegetable oils (sunflower oil, soybean oil), SUGAR , metallurgical products (ferroalloys, rolled products, rods, angles, pipes, etc.), motor vehicles (cars, buses, trucks, special equipment, auto components, trailers, etc.), chemical products (polymers, plastic plates and parts), tires, etc.

"We will also be happy to welcome Mongolian goods to our market, including key products of their EXPORT interest: meat and dairy products (horse meat, beef , lamb , canned meat, offal, yoghurts, cheese, etc.), light industry products (in particular, wool, threads, as well as finished knitted and textile clothing)," the EEC Minister emphasized.

Andrey Slepnev expressed confidence that the conclusion of a temporary trade agreement will create favorable conditions for the further growth of mutual trade and, in general, will contribute to strengthening the traditional friendly relations of the EAEU countries with Mongolia.