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The delegation of Lipetsk region visited Mongolia

13.11.2019
The delegation of Lipetsk region visited Mongolia

The delegation of Lipetsk region visited Mongolia

From 27 to 31 October, 2019 the delegation of Lipetsk region visited Mongolia in the framework of the business mission organized by the regional Export Support Center together with the Association of Small and Medium-Sized Exporters. The Lipetsk delegation was represented by five export-oriented companies, including manufacturers of automobile and industrial oils and lubricants, carbon graphite and electrographic brushes for electric motors, canned meat and confectionary. 

During the business program Russian exporters negotiated with top Mongolian companies, including Ulaanbaatar Railway JSC (the largest national enterprise with a workforce of 16 thousand employees), Erdenet Mining Corporation (a leading Mongolian coper and molybdenum mining company), Thermal Power Plant No. 4 JSC (the largest power plant in the country), United Belaz Machinery Co., Ltd (one of the biggest suppliers of quarry machinery for mining industry), large importers of petroleum products and lubricants, and a national supermarket chain as well.
Also Lipetsk companies had a meeting with Trade Representative of Russia in Mongolia Maxim Vasilyev and participated in a Mongolia-Russia business forum. Within the business mission program each Lipetsk company held from 7 to 12 business talks with potential partners in Mongolia.
According to RASMEX Deputy Director Evgenia Shchipkova, in the last two years Russia’s export to Mongolia had an impressive growth that evidences a real breakthrough in bilateral trade relations. Moreover, signing the Friendly Relations and Comprehensive Strategic Partnership Agreement between Russia and Mongolia in September 2019 and the ongoing activity of the Intergovernmental Commission on Trade, Economic, Scientific and Technological Cooperation create an enabling environment for Russian exporters entering Mongolia’s market.

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