Mongolia: Foreign Trade and Infrastructure Development

The paper reveals the modern specifics of economy and plans for development infrastructure in Mongolia. influence anti-COVID restrictions on foreign trade is being studied. It shown that problems export raw material inland Mongolian isolation face crossing border with China vehicles were exacerbated by poor railway network. As a result these restrictions, coal production exports from Mongolia to more than halved 2020–2021. Together fall prices 2020 collapse services sector, this led deepest recession since 1992. Plans international transport energy corridors through are considered. Based actual data, insignificant role dynamically growing transit container cargo direction China–Europe–China shown. unsatisfactory condition Trans-Mongolian Railway absence railways number promising directions freight flows prevent full realization potential traffic. In connection Russia’s reorientation Asia, Eastern Corridor stands out as corridor A strategically significant initiative, which context anti-Russian sanctions will seriously strengthen economic cooperation regional triangle Russia-Mongolia-China, plan build Soyuz-Vostok gas pipeline This project allow redirecting supplies West Siberian region Russia, previously supplied Europe, directly capital China. also interested implementation large-scale project, seeks obtain new opportunities development. not only take advantage its location between Russia base them, but also, general, lay foundation diversification deeper integration into global system.