Higher costs for coal are expected due to Mongolia's move to increase export prices - Global Times
News and analytical articles about Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan.
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News and analytical articles about Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan.
Mongolia's reported move to modify how its coal exports to China are priced may mean higher costs for Chinese users, and Chinese industry experts said that efforts by Mongolia to change the ecosystem of cross-border coal trade may affect the outlook for Mongolian energy export to China.
Wang Yi Holds Talks with Mongolian Foreign Minister Batmunkh Battsetseg
Wang Yi Holds Talks with Mongolian Foreign Minister Batmunkh Battsetseg
Mongolia and China share a border of more than 4,700 kilometers, and both countries are strategic partners and friendly and good-neighboring countries, exemplified by the fact that China has been Mongolia's largest source of investment and trading partner for 18 consecutive years. On September 15, the heads of China, Mongolia and Russia extended the Outline of the Development Plan on Establishing the China-Mongolia-Russia Economic Corridor by five years in Samarkand, Uzbekistan, unleashing greater potentials for the regional prosperity while upgrading Mongolia's role as a transit hub between t...