Ulaanbaatar
Flour export conditions agreed with 13 factories of China
Economy
Ulaanbaatar/MONTSAME/. ‘Food supply and security – Crop
farming’ national farmers’ forum is taking place.
At the forum, D.Eson-Erdene, head of Soil, Plant Protection
and Seed Variety Department, the Ministry of Food, Agriculture and Light
Industry, said, “The government of Mongolia made a decision to issue a soft
loan worth MNT400 billion to the agriculture sector within the framework of a comprehensive
plan of MNT 10 trillion to protect citizens’ health and recover the economy. A loan
worth MNT 100 billion will be provided to crop production and MNT 50 billion for
vegetable production will be provided at three percent interest rate for two years.”
“With aims to ensure the stability of the food supply, we
worked to increase the harvest. In this frame, soft loans have been disbursed
to mill houses and processing factories. In Mongolia, there are factories with
the capacity to process a million tons of wheat into flour. Relevant conditions
and quarantine requirements for flour export have been agreed with 13 factories
of China.”
