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Ethnic trade is one of the high-potential areas of the regional economy as it contributes to the growth of self-employment and the income of the population, maintenance of the rural settlements, traditional ways of natural resource use, unique manufacturing techniques. According to several researchers, nowadays ethno-economics successfully develops in service industry. The new areas of the ethno-economic development include ethno-tourism, folk crafts and handicrafts, and also raw material processing. The goal of the article is to study ethno-economic aspects of contemporary businesses in Mongol-origin regions of Russia: Kalmykia and Buryatia. There was an opinion poll among the representatives of ethnic businesses in both regions. The experts in Kalmykia as well as Buryatia point out the popularity and high demand for ethnic products, handmade goods in the areas such as ethnic fashion, ethnic design, and also ethnic tourism, ethnic restaurants that indicate the prospects of ethnic businesses and ethnic trade in the given regions. The active restoration of Buddhism, reinstatement and development of national culture and also rich natural resources make the regions in question attractive for tourists. Cultural events held in these regions are among top-destinations of eventful and eco-tourism in the country. Thus, the ethno-economics of these regions that transferred from commercial specifics to specification in service industry is one of the sources of development of the given regions.
Badmaeva et al. (Wed,) studied this question.