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2024-10-11 09:54:02

South China Morning Post on Nostr: Mongolia asks China to extend 24-hour border crossing after trial thrived ========== ...

Mongolia asks China to extend 24-hour border crossing after trial thrived
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Mongolia requested China to extend a 24-hour border crossing after a successful six-month trial that ended on September 30, 2024; Tanan Ganbold, head of foreign relations in Mongolia, confirmed the request; Erenhot and Zamyn-Uud border crossing launched in April 2024; Erenhot's trade increased significantly, with a 95% rise in trips and 442,000 vehicles passing through; Mongolian legislator Batshugar Enkhbayar called the pilot successful and hopes for a permanent extension; Chen Zhiwu from the University of Hong Kong noted that delays would impact Mongolian economy more due to its reliance on China, which accounted for 91.5% of Mongolia's exports in 2024; Bilateral trade reached US$16.6 billion in 2023.

#Mongolia #China #BorderCrossing #Trade #Economy #Erenhot #Zamynuud #Mining #Transportation #BilateralRelations

https://www.scmp.com/economy/global-economy/article/3282014/mongolia-asks-china-extend-24-hour-border-crossing-after-trial-thrived?module=China%20Economy&pgtype=section
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