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Joint Working Group on Advancing China-Mongolia-Russia Economic

Corridor Holds First Meeting

  The first meeting of the tripartite working group to advance the development of the China-Mongolia-Russia Economic Corridor (CMREC) was held online on November 5, 2020.

  Ning Jizhe, deputy minister of China’s National Development and Reform Commission (NDRC), Munkhjin Batsumber, deputy minister of Foreign Affairs of Mongolia and Petr Zaselsky, deputy minister of the Ministry of Economic Development of the Russian Federation attended the meeting. Participants also included members of working groups from the three countries.

  The three sides were briefed on the progress of the implementation of the CMREC, discussed relevant cooperation documents and exchanged views on issues of common interest.

  Officials at the meeting agreed that China, Mongolia and Russia, as good neighbors linked by mountains and rivers, are good partners who help each other. Regular meetings held by the heads of the three countries have laid a solid foundation for building tripartite consensus and promoting trilateral cooperation.

  During the meeting, the three sides reviewed the progress of the CMREC development in areas such as infrastructure connectivity, unimpeded trade, people-to-people ties and cultural exchanges, ecological and environmental protection, and highly affirmed the achievements made by the CMREC to date.

  The three sides agreed to deepen the alignment of the Belt and Road Initiative with Mongolia's Steppe Road program and the Eurasian Economic Union, which Russia is participating in.

  The three countries will promote practical cooperation in various sectors while jointly responding to the COVID-19 pandemic. The success of this first working group meeting should serve as an opportunity for the three sides to ensure sound implementation of cooperation projects under the CMREC.