First consultative meeting of joint working group held

First consultative meeting of the joint working group in charge of studying the opportunity to conclude a free trade agreement between Mongolia and the Eurasian Economic Union (EAEU) took place virtually on October 5.

During the meeting, the sides agreed on the work plan of the joint working group to study the possibility of concluding a free trade agreement, and exchange of relevant information in the framework of joint research.

From 2016, Mongolia proposed to set up a Joint Working Group to study the possibility of concluding a Free Trade Agreement with a purpose to expand trade and economic cooperation between Mongolia and the EAEU. Consequently, a meeting of the Council of the EEC dated September 11, 2020 issued a decision that supported the establishment of the joint working group.

/Source: Ulaanbaatar MONTSAME /