Mongolian delegation attending sixth session of ESCAP Committee on Trade and Investment

2019-03-14 16:16:01

Ulaanbaatar/MONTSAME/ Mongolian delegates headed by T. Tugsbilguun, Ambassador and Permanent Representative of Mongolia to the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), are participating in the Sixth Session of the ESCAP Committee on Trade and Investment on March 13-15 in Bangkok, the Kingdom of Thailand.

Being a key platform for regional dialogue and intergovernmental collaboration on trade and investment, the session is discussing the agenda: navigating non-tariff measures towards sustainable development; promoting cross-border paperless trade in Asia and the Pacific; leveraging e-commerce for graduation of least developed countries; consideration of draft resolutions for submission to the Commission at its seventy-fifth session and other matters.

At the session, the Committee conducted substantive interactive dialogues on the theme topics of the Asia-Pacific Trade and Investment Report 2018 and 2019, namely on implications of rising protectionism on regional trade and investment and navigating non-tariff measures towards sustainable development.

The delegates elected the Bureau of the Committee session with T. Tugsbilguun as the Chair of the Committee session and Md. Badrul Hassan Babul, Additional Secretary of the Ministry of Commerce and Ms. Karishma Narayan, Principal Trade Economist of the Ministry of Industry, Trade and Tourism as Vice Chairs of the Committee session.

Furthermore, Dr. Enkhbold Vorshilov, Director-General of the Foreign Trade and Economic Cooperation Department of the Ministry of Foreign Affairs of Mongolia delivered a statement on the ‘Agenda 2: Implications of rising protectionism, including trade wars, for regional trade and investment’ and briefed delegates on recent and further objectives of Mongolia pertaining to trade and investment.