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Events
Mongolian Information and Trade Promotion Center opens in Berlin www.montsame.mn
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.
Published Date:2021-08-31
