According to the Chairman of the EEC Board, Bakytzhan Sagintayev, once the agreement comes into effect, customs duties will be eliminated or reduced for 367 product items.
This agreement provides entrepreneurs from the EAEU countries and Mongolia with mutual preferences for access to markets. It also takes into account modern forms of interaction, including digital channels, which is especially important for small and medium-sized enterprises.
“We are moving towards practical cooperation with Mongolia. The agreement is applied and business-oriented, its main goal is to simplify and reduce the cost of mutual trade, create more predictable conditions for business, and stimulate the expansion of business relations,” noted the head of the EEC Board.
On June 27, 2025, in Minsk, during a meeting of the Supreme Eurasian Economic Council, the Temporary Trade Agreement between the EAEU and its member states and Mongolia was signed.
