Latest Posts
Search for:
Category

Mongolia

Category

Mongolia joins the Asia-Pacific Trade Agreement, China and Mongolia will mutually implement tariff concessions

By 2 Mins Read

The Chinese Ministry of Commerce announced that on October 23, the secretariat of the Asia-Pacific Trade Agreement (the “Agreement”) notified all member parties that Mongolia had deposited a letter of acceptance, and completed the Agreement accession procedures, and plans to be in January 2021. On the 1st, mutual tariff reduction arrangements were implemented with relevant members. According to the tariff reduction arrangement, Mongolia will reduce tariffs on 366 tax items, mainly related to aquatic products, vegetables…

US-Mongolia Transparency Agreement to enter into force

By 2 Mins Read

The Office of the United States Trade Representative (USTR) announced that at a ceremony in Washington on January 19, 2017, then USTR Michael Froman and Mongolia’s Ambassador to the United States, Bulgaa Altangerel, signed and exchanged letters certifying that the United States and Mongolia have completed their respective applicable legal requirements and procedures for the Agreement on Transparency in Matters Related to International Trade and Investment between the United States of America and Mongolia to enter into force and agreed that the transparency agreement would enter into force in 60 days. The announcement continued:

Dominica and Mongolia ratify TFA

By 1 Min Read

On 29 November the WTO announced that Dominica and Mongolia have ratified the Trade Facilitation Agreement, putting the total number of ratifications from members at 100. With just 10 more ratifications from members needed to bring the TFA into force, the final countdown begins for realizing a global deal that could boost global merchandise exports by up to $1 trillion per annum by slashing trade costs and cutting red tape at the border.