Mongolia and China Target $20 Billion in Trade

On August 14, 2025, Mongolia’s Deputy Prime Minister S. Amarsaikhan met with Shen Minjuan, Ambassador of China to Mongolia, to discuss strengthening bilateral relations and cooperation.

During the meeting, it was highlighted that the natural gas pipeline project from Russia to China will extend over 950 km across 6 provinces and 22 soums of Mongolia, representing a major infrastructure development of national significance.

Ambassador Shen Minjuan agreed that representatives of the 3 countries involved in the pipeline project should hold in-person meetings for direct consultations.

Key issues discussed included:

• Increasing the trade turnover to $20 billion in the near term by diversifying product categories and expanding exports of agricultural and livestock products,
• Boosting bilateral trade,
• Organizing the 5th “Mongolia–China Expo”,
• Increasing coal exports,
• Supporting business enterprises,
• Expanding cooperation in emergency and disaster management,
• Developing border tourism and upgrading border checkpoint capacity.