Russian agricultural machinery manufacturers supplied Mongolia with dozens of units of agricultural machinery on credit lines, which Vnesheconombank opened with the development Bank of Mongolia.
The project allowed to expand supplies in 2017 and is carried out with the direct participation of VEB, the Ministry of Industry and Trade of Russia and the Russian Trade Mission in Mongolia. It is attended by the leading Russian plants.
Trade Representative of the Russian Federation in Mongolia Maxim Vasiliev said that in 2017 Russia supplied 575 units of agricultural machinery - 19 items. In 2018 - 196 units of equipment have already been delivered - 21 names. The market for Russian agricultural machinery in Mongolia can be expanded from $ 10 million in 2017 to $ 50 million in the coming years. The leading domestic plants.
In June of this year, a large-scale exhibition of domestic specialized machinery and consumer goods "Russian-Mongolian initiative – 2018" was held in Ulaanbaatar. It was organized by the Association "Rosspetsmash". The event brought together 64 plants producing agricultural and road construction equipment, food equipment, and cars, and played an important role in expanding the supply of their products to Mongolia.
According to the Director of the Association "Rosspetsmash" Alla Elizarova, the exhibition allowed to demonstrate the latest developments of domestic enterprises and the possibility of technology, which today is not inferior to foreign analogues from leading manufacturers.