Ulaanbaatar
Cluster of yak and camel wool factory to be developed
Economy
Ulaanbaatar/MONTSAME/. The
working group of the EU-funded TRAM project for establishment of a cluster of
yak and camel wool held its 2nd meeting today, May 10.
This cluster will be established
with aims to manufacture final products made of yak and camel wool, to promote
it at foreign markets and to develop partnership with companies abroad.
In her opening remarks, B.Saruul,
Secretary-General of the Mongolian National Chamber of Commerce and Industry (MNCCI),
said: “Mongolian wool and cashmere products are recognized in the world with
its satisfaction of world standards. Global consumers already felt that
Mongolian cashmere and wool products are pure natural with zero harm to health
besides warmness and well-fitting. However, we still encounter hurdles when
exporting our goods because of the industrial capability, lack of
competitiveness of promotion and packaging, thus it is important to tackle
these issues through mutually-beneficial clusters. I am really sure that our
collaboration in cluster with the TRAM project will contribute to increasing the
export of Mongolian products.”
Participants in the meeting
discussed legal environment for clusters, an organizational structure,
financing of EBRD projects for producers and creation of a website for
clusters. Promotion of products made of yak and camel wool to be displayed at
exhibitions in May and June as well as planned programs were considered as
well.
Commenced in 2017, the
EU-funded TRAM project aims to contribute to the Mongolian economic growth by
supporting an increase in non-mining sector exports. The project will last
until 2021 in cooperation with the Ministry of Foreign Affairs and the MNCCI.
Working in close collaboration with the beneficiaries, the project enables
non-mining sector businesses to gain better access to foreign markets, reduce
export costs and ensures that Mongolian exporters improve their
profitability in targeted international markets.
The meeting also involved
representatives from the Wool and Cashmere Union, Khuvsgul, Zavkhan,
Bayankhongor provinces and some producers included in the cluster team.
