EXPORT DEVELOPMENT PROJECT WILL PROVIDE FINANCIAL SUPPORT FOR NON-MINING EXPORT PRODUCTS.
Export Development Project, funded by the World Bank, implemented under the Ministry of Food, Agriculture and Light Industry will carry out a project to provide financial support for non-mining exports, in particular value-added end products, in 2021-2023.
An online meeting to provide a common understanding and information about the project was organized and pointed out that the project will focus on quality assurance and accreditation of export products.
Amount of financial support by the project will be MNT 150.0 million for businesses and up to MNT 300.0 million for clusters, with 50 percent of export-oriented operating costs to be reimbursed.
July 2, 2021
