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Russian President Arrives In Mongolia For State Visit
Putin and his delegation were met by Mongolian President Tsakhia Elbegdorj at the Sukhbaatar Square (Genghis Khan Square).
The Russain delegation included Foreign Minister Sergei Lavrov, Deputy Prime Minister and presidential envoy to Far East Yury Trutnev, Natural Resources and Ecology Minister Sergei Donskoi and Justice Minister Alexander Konovalov, among others
Both leaders are expected to hold talks in a bilateral format before continuing with the participation of delegations from both countries.
Russian presidential aide Yury Ushakov told journalists 13 documents are expected to be signed during Putin's visit.
This includes an agreement on an upgrade of the Ulan Bator Railway to be signed by the Russian Railways company and the Mongolian Road and Transportation Ministry.
Putin is also expected to discuss the energy sector and Mongolia's deliveries of Russian GAZ, Ural and PAZ trucks and buses.
Ushakov said Moscow had been unhappy over the recent level of economic cooperation between Russia and Mongolia.
"Cooperation in the trade and economic sphere has been lukewarm although Russia remains the second largest trade partner for Mongolia after China," Ushakov said.
"The negative dynamics are due to the decrease in deliveries of oil products, machinery and equipment. We expect the governments of both countries to work out a road map on the development and diversification of cooperation."
Two-way trade stood at US$1.6 billion last year.
news coverage in our Newswire service.
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