MoU signed by Foreign Ministry and MNCCI

2020-01-22 14:44:04

Ulaanbaatar/MONTSAME/. On January 21, Minister of Foreign Affairs D.Tsogtbaatar and Chairman of the Mongolian National Chamber of Commerce and Industry (MNCCI) O.Amartuvshin signed a Memorandum of Understanding on cooperation between the Ministry of Foreign Affairs and MNCCI.

The two organizations first established the MoU in 2013 and jointly make a plan of action every year for the implementation of the MoU. This time, the parties have planned actions for over the next 3 years and renewed the MoU.

Within the new MoU, the parties aim to co-implement ‘Mongol Export’ program and co-organize international exhibition and other related activities with a purpose to promote Mongolian products abroad and create a Mongolian brand. Moreover, the organizations will collaborate in publicizing bilateral and regional free trade agreements that Mongolia establishes with other countries, to entrepreneurs, co-implement ‘Single-window’ concept for foreign trade development as well as take active part in implementing WTO’s Trade Facilitation agreement and other treaties in Mongolia.