On 22 July the Temporary Trade Agreement between the Eurasian Economic Union and its member states, on the one hand, and Mongolia, on the other — signed last year — enters into force. Source: Eurasian Economic Commission (EEC).
Each side will zero or cut customs duties on 367 commodity subheadings that account for about 90% of bilateral trade. The agreement runs for three years and may be extended automatically for another three-year term.
EEC Trade Minister Andrey Slepnev said Mongolia has no comparable regional deals, giving EAEU suppliers preferential access across a wide range of food and industrial goods — dairy, beverages, confectionery and chocolate, cars and trucks, cosmetics and perfume, and other consumer products. Preferential shipments into the Union may include meat, Mongolian cashmere and other industrial and agricultural goods.
Ahead of the launch, the Commission, business and competent authorities agreed steps to grow supplies further: deeper agri-sector cooperation, including meat trade, removal of technical barriers and development of e-commerce. Anticipating entry into force, mutual trade early this year rose by about a third versus the same period in 2025; Slepnev urged companies to make full use of the new preferences.
