RUSSIAN-MONGOLIAN RELATIONS: A NEW STAGE

Abstract

The article characterizes the current stage of Russian-Mongolian cooperation, reveals the factors and conditions that determined the new stage of bilateral interaction after 2010. The development of cooperation is conditioned by the needs of regional interaction and the need to solve the problems of internal socio-economic process of Russia and Mongolia. The authors note that the expansion of trade and economic relations with Russia is important for Mongolia for several reasons, including diversification of the public economy, prevention of unipolar orientation of foreign economic activity and the need to solve internal socio-economic problems. The article emphasizes Mongolia’s transit potential and its role in Russia-China relations.The authors separately note that Mongolia faces economic development challenges, including low GDP and high unemployment. In this regard, the Mongolian government is implementing policies and programs aimed at economic development, employment and reducing unemployment and poverty.The intensification of relations between the two countries in the context of Russian interests contributes to the expansion of functional geopolitical space, helps to overcome the artificial isolation constructed by the West, as well as increases the transit opportunities for Russia.