RUSSIA AND MONGOLIA: RETROSPECTS AND PROSPECTS FOR ECONOMIC COOPERATION (ON THE 100th ANNIVERSARY OF THE ESTABLISHMENT OF DIPLOMATIC RELATIONS)
A.V. Makarov1, E.V. Makarova2, A.B. Andreev1
1Baikal Institute of Nature Management, Siberian Branch of the Russian Academy of Sciences, Ulan-Ude, Russia
2East Siberia State University of Technology and Management, Ulan-Ude, Russia
Keywords: Russia, Mongolia, economic cooperation, “big debt”, foreign economic policy, cross-border infrastructure, the China - Mongolia - Russia economic corridor
Abstract
November 5, 1921, is an important date in the history of Russian-Mongolian cooperation. On that day, the People’s Government of Mongolia and the Government of the RSFSR signed the agreement to establish friendly relations. This document set the stage for nearly seventy years of alliance between the first two countries in the world to choose the socialist path. The 100th anniversary of the establishment of Mongolia-Russia diplomatic relations provides a significant opportunity to review the history of their strategic partnership and assess the current state and the short-term outlook of economic cooperation. The article considers the results of the Soviet-Mongolian cooperation, draws attention to the “big debt" problem, analyzes the Russian-Mongolian economic relations and the prospects for their further intensification within the China - Mongolia - Russia Economic Corridor Program.
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