Ulaanbaatar
Consultation ‘Foreign Trade and Investment Environment and its Challenges’ takes place
Economy
Ulaanbaatar /MONTSAME/ On May 21, the Ministry of Foreign Affairs and the Bank of Mongolia organized a consultation themed ‘Foreign trade and investment environment and its challenges’, inviting over 120 delegates from the Embassies in Mongolia, international, public and private organizations.
Attendees of the consultation discussed about reducing
over-dependency of Mongolia’s economy on mining sector, diversifying export
goods and issues on investment climate and financing and shared views on
possibilities of using bilateral and multilateral cooperation in it.
The Government of Mongolia is paying special attention on supporting
non-mining products with export potential and striving to improve conditions for national producers to enter foreign market,
facilitate foreign trade and lower trade expenses by providing prompt border and customs services within the ‘Mongolian Export’ program.
