The Federal Corporation for Development of Small and Medium Enterprises (SME Corporation) has entered into an agreement with the governmental executive agency "Small and Medium Enterprises Authority" of Mongolia. The document involves cooperation in the development of entrepreneurship, the Russian Ministry of Industry and Trade said.

"Cooperation in the field of entrepreneurship development opens up new opportunities to deepen cooperation and expand trade between Russian and Mongolian small and medium-sized companies. The interaction provides for the exchange of experience in the field of tools and measures to support SME development in various areas of business activities, including cross-border and bilateral trade and economic cooperation between Russia and Mongolia," SME Corporation CEO Alexander Isaevich said in the report.

The main directions of cooperation within the memorandum are financial and guarantee, information and marketing support, cooperation in free trade zones, promotion of export activities, support for the localization of production, exchange of research results, the ministry explained.

Made in Russia // Made in Russia

Author: Karina Kamalova