Russia ensuring uninterrupted fuel supplies to Mongolian market - Mongolian first deputy PM

ULAANBAATAR. Sept 14 (Interfax) - Fuel supplies from Russia to the Mongolian market remain stable and without interruption, Mongolian First Deputy Prime Minister and Economy and Development Minister Jadambyn Enkhbayar said at a meeting with Russian Deputy Prime Minister Alexei Overchuk.

"The Mongolian people sincerely thank the Russian Federation for the continuation of stable, uninterrupted supplies of fuel and lubricants to Mongolia, despite, of course, the difficult situation with the domestic provision of fuel and fuel and lubricants in the country itself," Enkhbayar said at the meeting, which was held as part of the Forum of Regions of Russia and Mongolia.

"The international situation remains unstable and is characterized by a high level of risks, while preconditions are taking shape for the same situation being preserved over a prolonged period of time," while the situation remains more stable in the central part of the Eurasian continent, Enkhbayar said.

For his part, Overchuk noted that Russia remains one of the country's largest trading partners, and recalled that a temporary trade agreement between the Eurasian Economic Union (EAEU) and Mongolia entered into force on July 22, 2026, which stipulates the reduction of duties for around 90% of mutual supplies to zero.

"The implementation of the temporary trade agreement between the Eurasian Economic Union and your country should give an impulse to our relations, as we expect. Mongolia is an important trading partner of Russia. Our country is one of the largest suppliers of goods to the Mongolian market - we occupy second place after China in your imports of goods. Here we present a broad range of products, including petroleum products, food, fertilizer, industrial raw materials and chemical industry goods. Over the past five years, the levels of mutual trade between Russia and Mongolia have increased from $1.9 billion to $2.7 billion, 1.4 times. Among other things, in 2025 it grew 4%, reached $2.7 billion, and in 2026 our trade turnover continues to increase - according to the Federal Customs Service, our mutual trade grew almost 18% in January-May, amounted to $1.3 billion," Overchuk said.