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Russian-Mongolian trade turnover to reach record high this year — official

The trade turnover between Russia and Mongolia surged by 31% in annual terms to $1.8 bln in 2021

MOSCOW, November 15. /TASS/. The trade turnover between Russian and Mongolia could exceed $2 bln as of the end of this year and reach a historic high, Deputy Prime Minister Viktoria Abramchenko said at a meeting of the bilateral intergovernmental commission on Tuesday.

"We expect it to reach an all-time high, above $2 bln," Abramchenko said.

The trade turnover between Russia and Mongolia surged by 31% in annual terms to $1.8 bln in 2021, the official noted. The indicator soared by 47% annually in the period from January-September of this year.