Russia established a trade rail service with Mongolia

On February 24, 2018, the Russian government considered Mongolia’s proposal to transit cargo to third countries.

According to the information received, the Cabinet approved the agreement with Mongolia on the terms of transit freight by rail. The corresponding order was published on the website of the government of the Russian Federation. According to the document, the main goal of the two states is to create the necessary conditions for the safe transportation by rail of foreign trade cargo through Russia and Mongolia to third countries.

"The signing of the agreement will facilitate the simplification of some formalities," the website of the government said. It is noted that in the near future the procedure for the passage of goods across the border will be simplified and tariffs will be established that can compete with the cost of alternative routes (offshore).