On July 22, the interim trade agreement between the Eurasian Economic Union and Mongolia, signed last year, enters into force. This was reported by the Eurasian Economic Commission.

From this moment, customs duties on 367 товарных субпозиций for each side will be eliminated or reduced, and trade in these categories accounts for about 90% of the total trade turnover.

The agreement was concluded for three years with the possibility of automatic extension for another three-year period.