Flour export conditions agreed with 13 factories of China

2022-04-13 15:20:18

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.”