Улаанбаатар
Mongolian Information and Trade Promotion Center opens in Berlin
Society
Ulaanbaatar /MONTSAME/. On August 27, the Mongolian
Information and Trade Promotion Center was opened in Berlin.
The opening was attended by Ambassador of
Mongolia to Germany D.Ganbat, Mayor of Berlin Michael Müller,
Members of Bundestag Manfred Grund, Alexander Kulitz, Marcus Held, EU TRAM
Senior Expert Carl E. Krug, and other corresponding officials. In addition, President
of Mongolian National Chamber of Commerce and Industry (MNCCI) O.Amartuvshin
attended the opening ceremony virtually, and delivered a speech.
In his speech, he said, “Mongolian Trade
Promotion Project”, which was launched in March 2017 with the financial support
of the European Union, has provided significant support to Mongolian businesses
to improve the use of the updated GSP +. The project has empowered more than
100 Mongolian SMEs and enterprises to diversify the economy and increase
exports of non-mining products, developed five clusters, and built a
"bridge" to the European Union, particularly to Germany”.
The MNCCI signed a Memorandum of Understanding
with the Mongolian-German Business Association in November 2019 to open the
center in Berlin. The opening of this center in Berlin will open up
opportunities to attract foreign investment, and facilitate export of Mongolian
products to major markets.
EU Generalized Scheme of Preferences (GSP+) allows developing countries to pay fewer or no duties on exports to
nine EU countries, giving them vital access to the EU market and contributing
to their growth.
