The Housing Committee approved in the second reading the bill on the ratification of the Temporary Trade Agreement between the EAEU and Mongolia
Deputy Minister of Economy and Commerce Sultan Akhmatov presented information about the draft law.
He clarified that the draft law stipulates the entry into force of the agreement, concluded with the aim of enhancing the level of mutual trade and economic cooperation between the EAEU member states and Mongolia. This agreement is aimed at creating favorable conditions for the free movement of goods and capital in areas of mutual interest.
“The agreement provides for mutual reduction of customs duties on 367 commodity items for both parties,” the speaker added.
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