RSS   Newsletter   Contact   Advertise with us

Mongolia-Japan trade turnover up 35 percent in January-April

Staff Writer | June 26, 2018
Trade turnover between Mongolia and Japan in the first four months rose by 35 percent year on year, partly contributed by an economy-cooperation agreement between the two countries.
Mongolia-Japan trade
Asia   Exports from Mongolia to Japan increased by 124 percent
According to the Mongolian National Chamber of Commerce, Mongolia-Japan trade turnover reached $152 million in this period.

The Mongolia-Japan Economic Partnership Agreement went into force on June 7, 2016 and was signed on February 10, 2015 in Tokyo, with the aim to expand trade and strengthen the strategic partnership between the two countries.

Thanks to the agreement, exports from Mongolia to Japan increased by 124 percent in 2017 year on year.