Mongolia To Strengthen Economic Ties With Russia
Umer Jamshaid Published November 19, 2018 | 06:33 PM
Mongolia is willing to further strengthen ties with Russia in the fields of economy, trade and investment, deputy speaker of the Mongolian parliament Luvsantseren Enkh-Amgalan said Monday.
Enkh-Amgalan, also head of the Mongolia-Russia inter-parliamentary group in parliament, made the remarks while meeting with a visiting Russian delegation led by Andrei Klishas, chairman of the Federation Council Committee on Constitutional Legislation and State Building.
"The potential of trade, investment and economic cooperation between Mongolia and Russia is not being used at full strength.
Thus, our two countries need to make more efforts and improve the business and legal environment in order to further strengthen bilateral ties and cooperation in these sectors," Enkh-Amgalan said.
Klishas expressed Russia's willingness to promote the development of Russia-Mongolia ties in all sectors.
He also stressed the important role of the Mongolia-Russia interparliamentary group in parliament in expanding cooperation between the two legislative bodies.
Last year, the trade volume between Russia and Mongolia amounted to 1.4 billion U.S. Dollars, an increase of 46.9 percent compared with 2016.
Recent Stories
SC orders end of encroachments in Karachi
Nazish Jahangir denies viral screenshots, calls them fake
Govt likely to hike electricity price once again
Bismah Maroof announces immediate retirement from international cricket
Malala expresses unwavering support for Gaza people
Selection committee dissolved over Pakistan women cricket team's poor performanc ..
Punjab CM Maryam Nawaz in police uniform at Chung police center
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 25 April 2024
Today Gold Rate in Pakistan 25 April 2024
Mired in crisis, Boeing reports another loss
Session Awarding Ceremony 2024 held at Cadet College Muzaffarabad
Austrian ski great Hirscher to make comeback under Dutch flag
More Stories From World
-
Pakistan envoy visits TomatoWorld in Netherlands
38 seconds ago -
Chinese defense minister to attend SCO meeting in Kazakhstan
46 seconds ago -
China, Pakistan should engage in greater counter-terrorism cooperation to combat hostile forces: Khu ..
48 seconds ago -
Scottish leader scraps coalition deal with Greens
1 minute ago -
Macron, in key speech, warns that Europe 'is mortal'
1 minute ago -
China continues to battle flood in Pearl River basin
11 minutes ago
-
Death toll from Tanzania's flash floods rises to 155: PM
21 minutes ago -
Iron ore futures close higher
31 minutes ago -
Two runaway army horses in 'serious condition': UK minister
31 minutes ago -
Myanmar's health ministry issues heat advisory amid soaring temperature
41 minutes ago -
Russian oil production facility in Siberia catches fire
41 minutes ago -
Hong Kong's Hang Seng Index closes 0.48 pct higher
41 minutes ago