Exclusive | Between China and Russia, landlocked Mongolia eyes summit to enhance ties as geopolitical pressures mount
- Mongolian Prime Minister Luvsannamsrai Oyun-Erdene says interconnectivity is being prioritised, and his country is waiting for its two neighbours to act
- Highly sought-after China-Mongolia-Russia economic corridor would enhance resource trade and investment flows as Western sanctions have upended supply chains
Mongolia says it is trying to arrange a summit with China and Russia to enhance their collaborative projects, and a gathering of the neighbours could speed up new railway connections and economic corridor developments.
Mongolia’s prime minister also tells the Post that a feasibility study is being conducted to further enhance the nation’s involvement in China’s Belt and Road Initiative that aims to link economies into a trading network.
“Our Ministry of Foreign Affairs is working with different diplomatic channels to organise the summit with Russia and China,” Luvsannamsrai Oyun-Erdene said in a video chat via Zoom last week while attending the World Economic Forum in Davos, Switzerland. “[But] we have not set a date, yet.”
Mongolia, a landlocked country squeezed between Russia and China, is heavily dependent on both.