13
BATTSETSEG TUVSHINTUGS Deputy Director General, Foreign Trade and Economic Cooperation Department, MFA INTERNATIONAL TRADE AND TRADE FACILITATION IN MONGOLIA EURO-ASIAN REGIONAL MIDTERM REVIEW OF THE VIENNA PROGRAMME OF ACTION Bangkok, Thailand, February 11-12, 2018

Mongolia 2 ppt on International trade and trade facilitation 4.5 Country Intervention - Mongolia...EXPORT VOLUME, GROWTH RATE (2014‐2018,USD billion, percentage) 4 MACRO ECONOMIC

  • Upload
    others

  • View
    13

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Mongolia 2 ppt on International trade and trade facilitation 4.5 Country Intervention - Mongolia...EXPORT VOLUME, GROWTH RATE (2014‐2018,USD billion, percentage) 4 MACRO ECONOMIC

BATTSETSEG TUVSHINTUGSDeputy Director General, Foreign Trade and Economic Cooperation Department,

MFA

INTERNATIONAL TRADE AND TRADE

FACILITATION IN MONGOLIA EURO-ASIAN REGIONAL MIDTERM REVIEW OF THE

VIENNA PROGRAMME OF ACTION Bangkok, Thailand, February 11-12, 2018

Page 2: Mongolia 2 ppt on International trade and trade facilitation 4.5 Country Intervention - Mongolia...EXPORT VOLUME, GROWTH RATE (2014‐2018,USD billion, percentage) 4 MACRO ECONOMIC

11.0

8.5 8.3

10.5

12.9

0

2

4

6

8

10

12

14

2014 2015 2016 2017 2018

▲4%

▼-2

3%

▼-2

% ▲27

%

▲22

%

Source: General Customs Authority

FOREIGN TRADE TURNOVER, GROWTH RATE(2014‐2018*, USD billion, percentage)

Page 3: Mongolia 2 ppt on International trade and trade facilitation 4.5 Country Intervention - Mongolia...EXPORT VOLUME, GROWTH RATE (2014‐2018,USD billion, percentage) 4 MACRO ECONOMIC

3

5.77

4.674.92

6.20

7.01

0

1

2

3

4

5

6

7

8

2014 2015 2016 2017 2018

▲35

%

▼-1

9% ▲5%

▲26

% ▲13

%

Source: General Customs Authority

EXPORT VOLUME, GROWTH RATE(2014‐2018, USD billion, percentage)

Page 4: Mongolia 2 ppt on International trade and trade facilitation 4.5 Country Intervention - Mongolia...EXPORT VOLUME, GROWTH RATE (2014‐2018,USD billion, percentage) 4 MACRO ECONOMIC

4

MACRO ECONOMIC STABILITY

1

LEGAL STABILITY

2

INVESTMENT OPPORTUNITY

3

Export diversification, by product (as of 2018)

85.9%

6.8%

2.7%1.3% 1.1% 0.7% 1.4%

Mineral products

Textiles and textile articles

Natural or cultured pearls,precious or semi-precious stones

Base metals and articles thereof

Live animals, animal products

Prepared foodstuffs

Others

Page 5: Mongolia 2 ppt on International trade and trade facilitation 4.5 Country Intervention - Mongolia...EXPORT VOLUME, GROWTH RATE (2014‐2018,USD billion, percentage) 4 MACRO ECONOMIC

MONGOL EXPORT PROGRAM

GOAL 1 GOAL 2 GOAL 3 GOAL 4 GOAL 5

Stabilizing a favorable legal and financial

environment fornon-mining

exports

Supporting value-addition

processing and strengthen

competitiveness in foreign markets

Facilitating trade and improving

access to export markets

Improving capacity of the

private sector to assess foreign

market prospects.

Identifying market

opportunities and overcoming barriers to get

better integrated into global value

chains.

Page 6: Mongolia 2 ppt on International trade and trade facilitation 4.5 Country Intervention - Mongolia...EXPORT VOLUME, GROWTH RATE (2014‐2018,USD billion, percentage) 4 MACRO ECONOMIC

6

TRADE RELATED ISSUES IN NATIONAL POLICY DOCUMENTS

MONGOL EXPORT PROGRAM

Supporting non-mining exports.

Support industrial capacities to produce export-oriented products.

2016/02

2016/09

2018/01

2018/09

ACTION PROGRAM OF THE GOVERNMENT OF MONGOLIA

2016-2020

MONGOLIA SUSTAINABLE DEVELOPMENT VISION 2030

Improving trade and services, develop transportation and logistics network of

import and export goods

Support foreign trade to ensure sustainable economic growth

“Industrialization 21:100” program

(2018-2021)

Page 7: Mongolia 2 ppt on International trade and trade facilitation 4.5 Country Intervention - Mongolia...EXPORT VOLUME, GROWTH RATE (2014‐2018,USD billion, percentage) 4 MACRO ECONOMIC

7

NATIONAL EXPORT STRATEGY OF MONGOLIA

7

TRADE AND INVESTMENT ROADMAP 

1FULL NATIONAL EXPORT

STRATEGY DESIGN

2

A comprehensive 5-year action plan to achieve theNational Export Strategy

Realistic National Export Strategy governance andmanagement framework

Implementation of National Export Strategy

Build a long-term growth map by creating an enablingbusiness and investment environment

Strengthen trade and investment support institutions toeffectively respond to the needs of Mongolian companies

Enhance companies’ capacity to meet market requirementsand sustain exports

Stimulate innovation and entrepreneurship by unleashingentrepreneurial capacities and strengthening the start-upsystem

Page 8: Mongolia 2 ppt on International trade and trade facilitation 4.5 Country Intervention - Mongolia...EXPORT VOLUME, GROWTH RATE (2014‐2018,USD billion, percentage) 4 MACRO ECONOMIC

TRADE AND INVESTMENT ROADMAP OF MONGOLIA (2019-2023)

8

YAK AND CAMEL WOOL

MEAT, PROCESSED MEAT AND DIARY

LEATHER

TRADE AND INVESTMENT POLICY

TRADE FACILITATION

TRADE AND INVESTMENT PROMOTION

ICT

TOURISM

RENEWABLE ENERGY

PROCESSED MINERALS

CASHMERE

ACCESS TO FINANCE

QUALITY MANAGEMENT

SKILLS DEVELOPMENT

TRADE AND INVESTMENT SUPPORT

PRIORITY SECTORS

Page 9: Mongolia 2 ppt on International trade and trade facilitation 4.5 Country Intervention - Mongolia...EXPORT VOLUME, GROWTH RATE (2014‐2018,USD billion, percentage) 4 MACRO ECONOMIC

99

market access

TRADE FACILITATION

AGREEMENT (TFA)

Trade facilitation road map and strategic plan was formulated by the National Trade

Facilitation Committee. .

01ASIA PACIFIC

TRADE AGREEMENT (APTA) 02

MULTILATERAL AND REGIONALTRADE ARRANGEMENTS

Government is considering the country’s accession to APTA.

Page 10: Mongolia 2 ppt on International trade and trade facilitation 4.5 Country Intervention - Mongolia...EXPORT VOLUME, GROWTH RATE (2014‐2018,USD billion, percentage) 4 MACRO ECONOMIC

101010

MULTILATERAL AND REGIONAL PREFERENTIAL TRADING ARRANGEMENTS

NATIONAL TRADE FACILITATION COMMITTEE

Category B and C – August, 2017

2nd meeting: Established 3 sub-committeesAction plan for 2018 approved

International seminar on TF in cooperation with WB IFC

3rd meeting: Trade Facilitation Road Map for 2018-2022 Strategic plan of NTFC

Category A – June, 2014

NTFC meetings – Oct, 2017; Feb 2018; Oct 2018

1st meeting: Committee charter and Action plan for 2017 approved

Organized workshops and seminars aimed at increasing awareness of the TFA

Page 11: Mongolia 2 ppt on International trade and trade facilitation 4.5 Country Intervention - Mongolia...EXPORT VOLUME, GROWTH RATE (2014‐2018,USD billion, percentage) 4 MACRO ECONOMIC

1111

ASSISTANCE FROM DEVELOPMENT PARTNERS

Edit textEdit text

Trade policy capacity building

Trade facilitation Support private sector to

develop export cluster

TRADE RELATED ASSISTANCE FOR MONGOLIA (EU-

TRAM)

Export insurance Establishing Trade portal Strengthening capacity of NTFC

The World Bank

Upgrading the Customs Automated Information system

Preparatory work for the establishment of a single window system

Asian Development

Bank

Page 12: Mongolia 2 ppt on International trade and trade facilitation 4.5 Country Intervention - Mongolia...EXPORT VOLUME, GROWTH RATE (2014‐2018,USD billion, percentage) 4 MACRO ECONOMIC

12 1212

Underdeveloped infrastructure and logistics system: Missing railway links hinder actual usage ofthe preferential agreements reached with transit countries in accessing their sea ports

Insufficient synergy and coordination among various export-oriented programs and projects

Weak institutional capacity to formulate and implement trade policy

Lack of financial resource: FDI is mainly poured into mining sector.

Face various non-tariff measures in accessing export markets

Poor business environment

Insufficient attention given to trade facilitation issues

CHALLENGES

Page 13: Mongolia 2 ppt on International trade and trade facilitation 4.5 Country Intervention - Mongolia...EXPORT VOLUME, GROWTH RATE (2014‐2018,USD billion, percentage) 4 MACRO ECONOMIC

THANK YOU FOR YOUR ATTENTION

13