Russia Trade Contract with Mongolia Online — Import & Export of Goods · Контракт.Онлайн
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Russia Trade Contract with Mongolia

Import and export of goods with Mongolia — a bilingual EN/RU contract in 5 minutes. CISG since 1997, settlements in USD or MNT, a direct border with Russia

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Which contract fits working with Mongolia

Four contract types — for any deal structure with a Mongolian partner

Trade specifics with Mongolia

Key terms to reflect in the contract

CISG applicable since 1997

Mongolia ratified the CISG in 1997. The Convention applies automatically to international commercial transactions.

CISG · 1997

Direct rail link with Russia

Mongolia borders Russia. There is a direct rail link via the Naushki–Sükhbaatar border crossing (Trans-Siberian Railway). Transit time to Ulaanbaatar is 3–4 days.

Rail · Naushki–Sükhbaatar

USD or MNT

MNT (tugrik) is used for domestic settlements. International contracts are denominated in USD. SWIFT via Golomt Bank, Khan Bank, Trade and Development Bank.

USD/MNT · settlements

173-FZ: repatriation

A Russian resident is required to repatriate proceeds within the deadlines set in the contract. For amounts from 3 million RUB, a unique registration number (UNK) is issued.

173-FZ · repatriation

Questions about trade contracts with Mongolia

Answers to the most common questions

Yes. Mongolia ratified the CISG in 1997. The Convention applies automatically.
Request the State Registration Number (SRN) and check it in Mongolia's company register (burtgel.gov.mn) or on the website of the Ministry of Justice.
USD. MNT (tugrik) is subject to fluctuations; international contracts are denominated in USD. SWIFT via major Mongolian banks.
Petroleum products (Mongolia is almost entirely dependent on fuel imports from Russia), machinery and equipment, electricity, and food products.
Rail via Naushki–Sükhbaatar (Trans-Siberian Railway) or road via the Kyakhta–Altanbulag border crossing. Rail transit takes 3–5 days from Ulan-Ude.

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Russia Trade Contract with Mongolia: Key Features

Mongolia is Russia's neighbor and a strategically important trade partner. The country is critically dependent on Russian fuel and exports mining products (coal, copper, cashmere).

Mongolian company details

The contract should state the State Registration Number (SRN), the full company name, and address. Verification is done via burtgel.gov.mn.

CISG and arbitration

Mongolia ratified the CISG in 1997. For dispute resolution, the ICAC under the Russian Chamber of Commerce and Industry or the Mongolian International Arbitration Centre (MIAC) is recommended.

Logistics

Direct rail service via the Trans-Siberian Railway (Naushki–Sükhbaatar border crossing). Transit from Ulan-Ude to Ulaanbaatar takes 3–4 days. The road border crossing is Kyakhta–Altanbulag.

Energy dependence

Mongolia imports about 90% of its petroleum products from Russia. This makes Russia a key supplier and provides a basis for long-term contracts.