Ch.Ulaan: Special attention to be paid on developing specialized export consulting service

montastudio@montsame.gov.mn

2019-10-29 16:05:28

To develop food, agriculture and light industry sectors which are important part of Government's three-pillar development policy, ‘Mongol Export’ program will be implemented at stages, underlined Minister Ch.Ulaan in his opening speech at Export Mongolia-2019, the First International Business Forum kicked off at Corporate Convention Center on October 28.

“By implementing the program favorable conditions will be created for investment and manufacturing of non-mining export products. We are working towards it. We also expect that the contribution of agricultural processing industry will be augmented to the total export of Mongolia with increased export income of the sector through increasing types of value added export products and raising competitiveness of goods. Mongolia’s total foreign trade turnover reached USD 12.9 billion last year, of which USD 7 billion was export and USD 5.9 billion was import. Among them, export of ready-made garment and textile products has been upped by 21.7 percent from the previous year, animal-origin products by 6.8 percent and food products by 5.5 percent respectively and it indicates possibilities of increasing export of value added products."

During the forum a fair ‘Mongolian brands in the world’ was organized with participation of Mongolian export companies.

The Export Mongolia 2019 Forum is being held under the motto ‘One policy, One window and One prosperity’ targeting to implement programs adopted by the Government, attract foreign investors, expand foreign relations and cooperation in export as well as promote export-oriented products and service at global market.

Being co-organized by government and non-government organizations such as the MFALI, SME Development Fund, the Ministry of Foreign Affairs, the National Development Agency, the Council on Mongolian National Brand and Export International Trading Center, the first business forum is running for two days and more than 350 private enterprises and over 1000 delegation of foreign and domestic entities are taking part.