Ulaanbaatar
Delegates of Mongolian agriculture sector visit Australia
Economy
Ulaanbaatar/MONTSAME/ A delegation of 9 people representing Ministry of Agriculture and Light Industry of Mongolia, Mongolian Commodity Exchange and brokers visited Australia on December 6-12.
During the
visit, delegates visited the Australian Wool Exchange (AWEX) and exchanged
views with its leadership on possibilities to expand cooperation between the
two organizations. Sides discussed the ways to increase product range, attract
more stakeholders, improve market infrastructure and increase competitiveness
following a presentation about AWEX and its operations by AWEX’s Wool Services
Manager David Cother.
Australian Wool Exchange commenced operations 1994 and currently
consists of more than 180 members representing around 30,000 growers, brokers,
exporters and associates. The membership of AWEX represents 95 per cent of wool
traded in Australia each year and includes wool brokers, exporters, private
treaty merchants, processors, wool producers and associates. It is worth noting
that AWEX manages its own affairs in a self-regulated marketing environment,
free of Government intrusion.
source: mfa.gov.mn
