Vladimir Putin's visit to Mongolia

The Russian president is currently in Mongolia on an official visit at the invitation of his counterpart Ukhnaagiin Khurelsukh

Russia and Mongolia are discussing the possibility of building the power plant on the Egiin Gol river for many years

The Russian leader noted that Russian-Mongolian cooperation in the defense and counterterrorism spheres contributes to ensuring security in Asia

"Last year, more than 90% of gasoline and diesel fuel entered the Mongolian market from Russia," the Russian leader noted

The Russian president noted that Mongolia "turned out to be a very loyal, reliable ally of the Soviet Union and Russia" in the fight against Nazism and militarism

Ukhnaagiin Khurelsukh stressed that "any problems and differences that the international community encounters, must be resolved through mutual understanding, trust, respect and dialogue within the framework of international legal norms"

Ukhnaagiin Khurelsukh is confident that Russia will make its "valuable contribution to building trust, mutual respect and cooperation across the globe"

"Trade payments between the two countries are almost fully made in currencies alternative to the dollar and the euro," the Russian leader said

The Russian leader noted that "it concerns not only the transit of Russian gas via Mongolia: the possibility of supplying this fuel to Mongolian consumers is also being considered"

"Your recent visit to Mongolia has become an important step in strengthening historical and traditionally friendly relations between our countries, and in developing and expanding our mutually beneficial economic cooperation," Ukhnaagiin Khurelsukh stressed