MINSK, 3 December (BelTA) - Belarus is expanding opportunities to sell its goods to Mongolia and the United Arab Emirates. This pertains to draft laws that were ratified during a regular meeting of the third session of the House of Representatives of the National Assembly of Belarus of the eighth convocation on 3 December, BelTA has learned.
The head of state has set the task of boosting exports and strengthening efforts in both main markets and far-away countries. There is significant potential in this regard through joint, coordinated work within integration associations. A prime example is the two international agreements in the trade and economic sector considered by the Belarusian parliament today. As noted during the session, their ratification will help Belarus, as a member of the Eurasian Economic Union, to expand its opportunities for selling goods to Mongolia and the UAE.
Belarusian MPs were presented with two draft laws: on the ratification of the Interim Trade Agreement between the Eurasian Economic Union and its Member States, on the one hand, and Mongolia, on the other; and on the ratification of the Economic Partnership Agreement between the Eurasian Economic Union and its Member States, on the one hand, and the United Arab Emirates, on the other.
Regarding cooperation with Mongolia, Deputy Minister of Foreign Affairs Pavel Utyupin stated that the bill has been prepared to express Belarus’ consent to be bound by the Interim Trade Agreement and for its subsequent entry into force. According to the document, import customs duties in mutual trade will be reduced or eliminated for a limited range of goods.
According to the deputy minister, the Interim Trade Agreement with Mongolia is concluded for three years, and its term is subsequently extended for another three years unless the parties agree otherwise. Within one year after the initial three-year period, the parties will begin revising the international treaty to establish a full-fledged free trade zone between the EAEU and Mongolia.
Regarding the anticipated economic effects on bilateral trade from the implementation of the Interim Trade Agreement between Belarus and Mongolia, calculated based on foreign trade statistics for 2023 Pavel Utyupin noted that Mongolia’s tariff concessions cover 92.3% of all Belarusian exports to that country. The annual savings on import customs duties for Belarusian exports to Mongolia will amount to approximately $1.4 million and will increase as Belarusian supplies grow.
Separately, the deputy minister focused on promising goods for increasing Belarusian supplies to Mongolia. He identified two groups. First, agricultural and food products, primarily milk powder, cheeses, butter, yogurt, and ice cream. Among food products, sparkling wines, sugar, confectionery, chocolate products, and baby food also possess significant potential. The second group is engineering products, which traditionally generates substantial interest on the Mongolian market. Untapped potential also exists for a whole range of other goods.
Regarding the second considered document, the Standing Commission on International Affairs of the House of Representatives explained that the Economic Partnership Agreement between the Eurasian Economic Union and its Member States, on the one hand, and the United Arab Emirates, on the other hand, aims to liberalize and facilitate trade in goods and develop cooperation between the EAEU and its member states with the UAE. The ratification and implementation of the agreement’s provisions will contribute to expanding the trade ties of the EAEU and its member states with the UAE.
The trade agreements with Mongolia and the UAE were signed in Minsk on 27 June 2025, following the meeting of the Supreme Eurasian Economic Council. This marked a significant achievement of Belarus’ presidency of the Eurasian Economic Union in 2025.
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