SUCCESSFUL CONCLUSION OF “WORLD EXPORT DEVELOPMENT FORUM - 2023“

Ulaanbaatar, June 29, 2023 /MONTSAME/. The "World Export Development Forum - 2023" hosted by Mongolia under the auspices of the President of Mongolia Khurelsukh Ukhnaa was successfully concluded on June 29. The theme for the 20th Forum was "Diversify with Green Trade," emphasizing the importance of organic, digital, and sustainable solutions in overcoming multiple crises. Over 600 delegates from 70 countries participated in the Forum.

As part of the Forum Business to Business Meetings took place on ICT Services, Natural Fibres, and Leather. B2B Networking Platform was developed to facilitate business connections between the participating companies and help them meet potential partners at the WEDF 2023, resulting in reaching business agreements worth USD 4.5 million and partnership agreements between some 20 companies.

“The discussions on how information and technology evolution, including artificial intelligence, will affect the operations of micro and small and medium-sized businesses, and how to solve financing, are believed to have increased the results and importance of this Forum,” underscored Chief of Staff of the President’s Office Sodbaatar Yangug in his closing remarks.

“The suggestions and recommendations from this Forum will be reflected in the National Export Strategy, being jointly developed by the government and the private sector, and we believe that this strategy will play a vital role in increasing Mongolia's exports.”

During the Forum, the European Bank for Reconstruction and Development and the International Trade Center signed a Memorandum of Cooperation to increase the contribution of women entrepreneurs to the government and connect them to the international market.

Within the framework of the Memorandum, joint products and services will be developed to increase the financial access of women entrepreneurs.

Source: https://montsame.mn/en/read/322340