Previously, American businesses could buy only on the Alibaba.complatform. Now they can sell to other businesses in the United States, China and elsewhere.

Alibaba, founded by billionaire Jack Ma, said Office Depo (ODP)and Robinson Fresh, a produce seller owned by logistics company C.H. Robinson Worldwid, (CHRW)are two of the top US companies taking part in the launch.
The so-called B2B industry generated $23.9 trillion in revenue globally in 2016 while e-commerce sales directly to consumers totaled $3.8 trillion that year, according to figures from the United States International Trade Commission. And much of this revenue will be to Chinese businesses.
"Alibaba aims to empower entrepreneurs and help them succeed on their own terms," said John Caplan, head of North America B2B at Alibaba Group, in a statement Tuesday.
In an interview with CNN's Julia Chatterley, Caplan added that he's not too concerned about competition with the likes of Amazon, Shopify and others.
"We think competition is good and we think anything that helps small businesses is good," Caplan said. "So we are interested in building an ecosystem of relationships and companies that are helping US small businesses be successful."
Opening a Chinese e-commerce platform to American businesses at a time when isolationist economic policies are on the rise may seem surprising.

But Caplan said he's not too concerned about US-China trade tensions and a slowing Chinese economy hurting the company.
"Small businesses around the world all want the same thing. They want more customers," he said.
Shares of Alibaba rose more than 1% Tuesday. Despite worries about China's economy and tariffs, the stock is still up nearly 30% this year.

To establish a joint final product plant with high capacity in Mongolia.
To give Mongolian companies an opportunity to operate at the Agricultural Park in Bayannur, Inner Mongolia, China.
To employ well-versed, experienced engineers and technicians of China in Mongolia and upskill Mongolian engineers and technicians at Chinese companies.
To collaborate in promoting Mongolian quality products to the Chinese market

About the conference, Tian Hong, Director of CFNA Animal By-products Department, said “The two countries have ample opportunity to partner with each other in the big world market. Cashmere producers of the two countries have had numerous meetings. This time as well, we are learning from experience and achievements of one another and looking for ways to enter the world market.”

“We will develop together through joint studies and introduction of advanced cashmere processing technologies to enter that huge market,” he added, while stating his willingness to initially exchange information and bring Mongolian cashmere products to the Chinese market to do so.

Household in ger areas need a total of 600 thousand tons of fuel during the cold seasons. Currently, some 130 thousand tons of refined fuel were produced and reserved. It will be distributed through 500 points in Ulaanbaatar, 40 of which are for storage and the remaining for the sales. The refined fuel will be sold to the households by a special card, which will be red by card terminal or an application. Thus, it is assumed that there will be no complications with the purchase.

The Boeing 737-700 cargo aircraft purchased by ‘Mongolian Airways Cargo’ is a remarkable event in the history of Mongolia’s aviation industry, noted the industry specialists.

Mongolia has the exclusive rights to make frequent cargo flights to the Russian Federation and the People’s Republic of China, which have not been used until now. The acquisition of the first cargo airplane makes it possible to use the exclusive rights.

The Boeing 737-700 is one of the most reliable and safe aircrafts in the world for which 11 thousand models were produced. It has the capacity of carrying 20 tons of freight with a range of 5250 km.

Mongolia will make cargo flights to Moscow, Beijing, Tokyo, Shanghai, Guangzhou, Hohhot, Seoul, Hong Kong, Irkutsk, Ulan-Ude and the countries of Central Asia. In addition to meat, meat products, wool, cashmere and rare-earth elements, it is possible to transport mining equipment, large items and special cargo from Mongolia. Moreover, it is planned to transport ecological fruits, special and express cargo from the Soviet Central Asia in a short time.

With the completion of its cargo terminal, ‘Mongolian Airways Cargo’ will provide international express mail and a comprehensive logistics services to the customers.

With the funding of foreign banks and financial institutions, the company is expecting to receive another cargo aircraft in the near future.

"The water levels in major rivers, including Eruu, Kherlen, Selenge, Kharkhiraa and Khovd have exceeded the warning levels by 10-20 centimeters due to heavy downpours since Monday," the country's National Agency for Meteorology and Environmental Monitoring said in a statement.

The agency warned residents living along the rivers to take all necessary precautions, while meteorologists forecasted that short-term thunderstorms are expected over most parts of the country in the coming days.

It has agreed a $500,000 technical assistance initiative to help civil society organisations implement equality measures throughout the country.

The move will reinforce progress reducing the gender gap that has made the country something of a beacon in the East Asian region whose World Economic Forum Global Gender Gap ranking places it well above more developed rivals such as Singapore.

“This technical assistance is ADB’s third standalone project promoting gender equality in Mongolia that is financed by the government of Japan through the Japan Fund for Poverty Reduction,” said Declan Magee, ADB deputy country director for Mongolia.

“It is closely aligned with one of the key operational priorities of ADB’s Strategy 2030 – to accelerate progress in gender equality.”

The ADB’s technical assistance project will extend its collaboration with civil society groups in Mongolia through focused training and socially inclusive and gender-responsive “learning-by-doing” approaches.

The project will build on previous ADB support to ensure the practical application of existing policy documents on gender equality in the country.

The ADB has actively engaged with the National Committee on Gender Equality of Mongolia since 2009.

This has included providing support for the country to design and adopt a gender equality law, as well as capacity building for effective enforcement of it.

Mongolia has made significant strides in improving equality, and according to some WEF indicators such as the economic participation and opportunities enjoyed by women is on a par with developed countries such as the US.

There are a considerable number of women in parliament and in ministerial positions, and in terms of reducing the WEF’s Health and Survival gender gap – the differences between women’s and men’s health – the country enjoys joint first position globally.

Please review the following MBD business offers as package number 19 and feel free to visit www.mongolianbusinessdatabase.com for more information on each offer and contact us.
MBD Admin: contact@mongolianbusinessdatabase.com

Pumps (PR China)
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Buckwheat, oats, barley, peas (Russia)
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Seed processing plant (Turkey)
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Artificial tree and flower (PR China)
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Portable toilets (PR China)
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Container bags, pallets etc (PR China)
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Collapsible tube (UK)
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Animal stunners (UK)
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Food processing plants (Czech)
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Earlier, experts said the central bank will not allow inflation to rise above 8 percent, reports Xinhua.

It was the highest inflation since December 2018, Dagva told Xinhua, adding that inflation in Mongolia, as in many other countries, is calculated on the basis of the consumer price index for goods and services.
The inflation was directly affected by the rise in prices of meat and meat products, which amounted to 31.6 percent. During this period, prices and tariffs for housing services, water, electricity, gas and other types of fuel increased by 8.8 percent.

The two sides emphasized the political will of the two countries' officials and the increase in the exchange of official delegations between the two countries as an important milestone in promoting bilateral relations and in its continuation and increase.

At the meeting, the ministers of agriculture of the two countries also exchanged views on the development of trade-related bilateral relations and increased agricultural exports.

At the end of the meeting, the heads of the veterinary services agencies of the two countries signed a mutual cooperation agreement on the international animal health requirements between the two countries, which is an important step for the development of cooperation in this regard.

Iran's Minister of Agriculture Jihad had previously traveled to Mongolia in January 2015. Mongolia with five million square meters and a population of three million, has 70 million animals.

Since Mongolian President's visit to Iran in 2012, strong will has been created to develop relations between the two countries.

This is year is the 48th year of establishing a friendly relationship between Iran and Mongolia.

The Minister of Agricultural Jihad is expected to travel to China after Mongolia.

The Mongolian government therefore puts great expectations in the implementation of the Zumtobel Group’s lighting project in order to enable substantial improvements in everyday life for a previously disadvantaged population group. Around 200,000 people live in the provinces of Darkhan-Uul and Selenge in the north of Mongolia.

“Light is an essential element to improve the standards of living in public space. We are therefore pleased to be able to contribute a little to improving safety with our lighting project and, consequently, to Mongolia’s economic development in the long term,” Alfred Felder, CEO Zumtobel Group, commented on the successful conclusion of the project.

In this project, the Zumtobel Group offers a turn-key end-to-end solution comprising not only a high-quality lighting system, but also services including project management, planning, delivery, commissioning as well as training and regular maintenance. To date, the Zumtobel Group has not conducted any market development activities in Mongolia. A successful completion of the project will thus provide a suitable basis for any future activities in this market.

The project is financially secured by concessional financing (soft loan) of Oesterreichische Kontrollbank AG (OeKB). Soft loan financing is used to support the Austrian export industry. These development aid loans, which are granted on favourable terms in cooperation with the public sector, also serve the sustainable development of the target country.