China, Mongolia, Russia to build economic corridor

The trilateral economic agreement will focus on expanding land, air and sea connections, energy and mineral resources, high tech, manufacturing, agriculture and forestry while strengthening environmental protection.

China, Mongolia and Russia will cooperate in seven areas to build a trilateral economic corridor, according to guidelines released last week.

The three neighbours will improve transport facilities by expanding land, air and sea connections, said the guidelines issued by the National Development and Reform Commission.

They plan to renovate ports of entry and overhaul customs procedures for easier clearance.

The three countries vowed closer cooperation in energy and mineral resources, high tech, manufacturing, agriculture and forestry.

They agreed to expand trade at border regions and widen services trade, and eyed more cooperation in education, science and technology, culture, tourism, medical care, and intellectual property.

In addition, they promised to strengthen cooperation in environmental protection and push partnerships of local governments and border regions.

The guidelines were signed in June in Tashkent, Uzbekistan, following a meeting of Chinese, Mongolian and Russian leaders.

This story was published with permission from China.org.cn

Thanks for reading to the end of this story!

We would be grateful if you would consider joining as a member of The EB Circle. This helps to keep our stories and resources free for all, and it also supports independent journalism dedicated to sustainable development. It only costs as little as S$5 a month, and you would be helping to make a big difference.

Find out more and join The EB Circle

Advertisement
Asia Pacific’s Hub For Collaboration On Sustainable Development
An Eco-Business initiative
The SDG Co