The overall objective of this project is to enhance Mongolia's international trade and economic diversification and to contribute to sustainable economic growth and development of the country, with the ultimate goal of reducing poverty and external vulnerabilities.
The purpose of this contract is to strengthen capacities and to support Mongolian public institutions and private sector for effective trade policy initiatives with a special focus on specific products/sectors with high potential, to effectively participate in the world economy. The project will assist Mongolia with strengthening the capacity for further develop appropriate export development strategies and translate this into actual implementation through inter-governmental coordination and enhanced engagement with private sector organisations, in line with the guiding policy framework; and support the commitments made by Mongolia under the WTO Trade Facilitation Agreement. The proposed intervention would also be highly complementary to the EU interventions in the focal sector Diversification and Employment Creation, as the core element of the various interventions is the strengthening of domestic productive capacity. The project will take a product/sector based approach focusing on strengthening export performance and capacity in sectors/areas where Mongolia has (latent) comparative advantages.
The project budget is 4 700 000 EUR. The indicative start date is February 2017 and the period of implementation of the contract will be 48 months from this date.