Starting the meeting, the Premier said Mongolia is negotiating with Russia to buy hay and fodder because the country is at risks of losing its harvest this year due to bad weather conditions in most territories. He said Mongolia is talking with Russia about exporting processed meat and breeding livestock.

“These issues as well as some agreements of the St. Petersburg International Economic Forum are expected to be finalized during the Eastern Economic Forum which is in due on September 6-7 in Vladivostok, Russia. Preparation works have been completed at our governmental level. We thank the Russian Foreign Ministry for supporting this matter,” Mr Erdenebat said.

Regional and boundary cooperation is one of the important parts of the Mongolia-Russia relations. The inter-region trade accounts for 70% of the total trade turnover between the countries, so the governmental support from both countries is vital for organizing boundary exhibitions, the Premier said.

Noting that the trade turnover has been increasing in first half of this year although it saw a decline in last two years, the Premier said. He then asked Mr Morgulov to focus attention to a chance of setting up a working group to establish an economic partnership agreement between the countries.

The Russian Vice FM said his country is working to prepare a visit of the Mongolian Prime Minister to be paid in this year.