Japan and Mongolia Sign Economic Partnership Agreement

Japan and Mongolia have both signed an agreement which partners both country to be able to expand trade and improve their economy.  Both prime ministers of both countries join together to sign the agreements in the office of Tokyo on Tuesday.  Between the both countries, over the next decade their will 96 percent of tariffs removed which will cause both countries to gain 41.8 billion yens.  

Studies have shown that Mongolia has benefit the most money between both states due to the fact that most trades are from Japan to Mongolia.  33.9 billion yens were made usually by automobiles also including machinery and chemical engineering.  Although 53 percent of Mongolia export values comes from Japan.  The total of the value is 1.9 billion yens, which included; coal, mineral products, and cloth.  

http://www.japantimes.co.jp/news/2015/02/11/business/japan-mongolia-sign-economic-partnership/?#.VNwxXPnF9dg