Import and export of goods with Mongolia — a bilingual EN/RU contract in 15 minutes. CISG since 1999, settlements in USD or MNT, a direct border with Russia
Parties, documents and specifics for every deal scheme
Four contract types — for any deal structure with a Mongolian partner
Import copper, coal, cashmere, wool, and meat from Mongolia.
Export petroleum products, metals, machinery, electrical equipment, and food products to Mongolia.
Contract for services from Mongolian companies: mining, tourism.
Contract for services for Mongolian clients: energy, rail, IT.
Key terms to reflect in the contract with Mongolia
Mongolia acceded to the CISG in 1997 and the Convention has been in force there since 1 January 1999. It applies automatically to contracts for the international sale of goods.
CISG · 1999Mongolia borders Russia. There is a direct rail link via the Naushki–Sükhbaatar border crossing (Trans-Siberian Railway).
Rail · Naushki–SükhbaatarThe contract can be denominated in USD or MNT (tugrik). Confirm the payment route with your bank.
USD/MNT · settlementsThe deadlines for receiving proceeds are set in the contract — the bank takes them into account when registering it. Under Presidential Decree No. 430, the mandatory amount of foreign currency proceeds to be credited is tied to the mandatory sale rate — check the rate in force on the date of the deal. For amounts from 3 million RUB (import) or 10 million RUB (export), the contract is registered with the bank and receives a unique number (UNK).
173-FZ · contract registrationAnswers on drawing up a contract with a company from Mongolia
Fill in the form, pay online — and download right away. The file is accepted by banks and customs.
Mongolia borders Russia.
The contract should state the State Registration Number (SRN), the full company name, and address. Verification is done via burtgel.gov.mn.
Mongolia acceded to the CISG in 1997 and the Convention has been in force there since 1 January 1999. In our contract, disputes go to the ICAC at the Chamber of Commerce and Industry of the Russian Federation, and the governing law is Russian.
Direct rail service via the Trans-Siberian Railway (Naushki–Sükhbaatar border crossing). The road border crossing is Kyakhta–Altanbulag.
For fuel supplies, use the “Export of goods” contract type.