Presidents of Russia, China, Mongolia Sign Deal on Economic Corridor

© Sputnik / Dmitry Azarov/POOL / Go to the mediabankPresidents Vladimir Putin of Russia, Xi Jinping of China and Tsakhiagiin Elbegdorj of Mongolia meeting in Tashkent
Presidents Vladimir Putin of Russia, Xi Jinping of China and Tsakhiagiin Elbegdorj of Mongolia meeting in Tashkent - Sputnik International
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Russian President Vladimir Putin, Chinese leader Xi Jinping and their Mongolian counterpart Tsakhiagiin Elbegdorj on Thursday adopted a program envisaging the creation of an economic corridor between the countries.

TASHKENT (Sputnik) – The sides also signed an agreement between the customs authorities of the three countries, which call for mutual recognition of the result of custom control inspections in respect of certain goods, a RIA Novosti correspondent reported.

Indian Prime Minister Narendra Modi, left, and Chinese President Xi Jinping. (File) - Sputnik International
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The deal was signed during the two-day summit of Shanghai Cooperation Organization (SCO) leaders, that started in the Uzbekistan's capital of Tashkent earlier on Thursday.

The SCO is a political, economic and military alliance that includes Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan. Belarus, Mongolia, Iran, Afghanistan, India and Pakistan hold observer status in the organization, while Azerbaijan, Cambodia, Armenia, Nepal, Turkey and Sri Lanka hold status of dialogue partners.

Pakistan, India and Iran have officially applied for SCO membership.

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