Projects backed by OECD discussed
EconomyUlaanbaatar /MONTSAME/ State
Secretary of the Ministry of Foreign Affairs D.Davaasuren received a delegation
led by Project manager of Organisation for Economic Co-operation and
Development (OECD)’s Eurasia Competitiveness Program, Gregory Lecomte and
exchanged view on the projects implemented and to be implemented by the
organisation.
With an aim to encourage
sustainable economic growth and employment in Central Asia, OECD developed a
policy recommendation for developing SME sector in Mongolia and increasing the
sector’s access to finance under the ‘Project on Enhancing Competitiveness in
Central Asia’ which is designated for intensifying economic reform and
promoting favorable business environment.
The sides talked about how to
introduce leading experiences of OECD member countries to Mongolia within the framework of the study reports and recommendations as well as further cooperation issues.
The State Secretary said Mongolia
is located on an important spot that links Europe and Asia and he noted that passing the
railroad and auto road between Mongolia’s two neighboring countries through its
territory and exporting goods to the third market via territories of the
neighbors are part of the top priorities of the country. He then underlined the
biggest challenge it is facing in enhancing competitiveness is the improvement
of transport connection while expressing gratitude to the organisation for
implementing a project regarding this matter.
Since 2014, the Government of
Mongolia has been actively cooperating with OECD and carrying out specific
projects and programs under its policies on diversifying the country’s economy
by strengthening competitiveness, developing SME sector and reforming the fight
against corruption and tax environment.