Issues of increasing Mongolia’s export to EU discussed

2021-12-07 13:46:07

Ulaanbaatar/MONTSAME/. Deputy Minister for Foreign Affairs B. Munkhjin held a meeting with authorities of the National Board of Trade and Open Trade Gate of Sweden on the sideline of the 28th OSCE Ministerial Council, which took place in Stockholm, Sweden on December 2-3. The parties discussed the issue of increasing Mongolia’s export to European Union.

Noting that despite the fact that mining predominates in the Mongolian economy, the country aims to add value to agricultural raw materials to increase its exports of end-products that meet international quality, Deputy Minister B.Munkhjin thanked the Open Trade Gate for working to organize a special training in this direction for Mongolian businesses in the first half of 2022 with a purpose to support entry of Mongolian wool and cashmere products into the EU and Sweden markets.

The Open Trade Gate informed that within the preparations for a special training on exporting wool and cashmere products from Mongolia to the European Union, especially the Swedish market, it is working to conduct a detailed study of the Swedish domestic market, develop a training module and formulate a business plan. In preparation for the special training, it was decided to organize a second online meeting with the Mongolian Wool and Cashmere Association and producers in January 2022.