National Trade Facilitation Committee convenesEconomy
Ulaanbaatar /MONTSAME/ The fourth meeting of the National Trade Facilitation Committee (NTFC) was held at the Ministry of Foreign Affairs on April 10. The meeting, chaired by Minister of Foreign Affairs and Head of NFTC D.Tsogtbaatar, was participated by representatives of the Ministry of Food, Agriculture, and Light Industry, Customs General Administration, State Specialized Inspection Agency, Agency for Standardization and Metrology, Communications and Information Technology Authority, National Development Agency and National Chamber of Commerce and Industry and the coordinator of the ADB project ‘Regional Improvement of Border Services’.
NTFC aims to ensure Mongolia’s compliance with the WTO Trade Facilitation Agreement and to create favorable external and internal business conditions for the entities and businesspeople.
The meeting reviewed the implementation of the national committee’s 2018 action plan, and current performance of the plan of action for 2019. In particular, issues of improving coordination between the National Foreign Trade
Database and the organizations conducting foreign trade activities and developing a digital one-stop system were raised. Moreover, the participants discussed the necessity of joining to the Framework Agreement on Facilitation of Cross-border Paperless Trade in Asia and the Pacific and agreed to make decisions in regard with the matters.