Altan San Securities - Mongolia Investment - New market access for Canadian agriculture in Mongolia

New market access for Canadian agriculture in Mongolia

An agreement was reached in talks early this week between Canada’s Agriculture Minister Gerry Ritz and visiting Mongolian Minister for Food, Agriculture and Light Industry, Mr. Tunjin Badamjunai, that gives Canadian farmers and exporters new market opportunities in Mongolia for beef, cattle, swine and their products. Mr. Ritz called this “an important development in relations between our two countries”, opening “doors to many new exports and opportunities in agricultural cooperation". Canadian agriculture and food products that can be exported to Mongolia are: live cattle, live swine, ovine/caprine genetics (sheep/goats), bovine genetics, porcine semen, day-old chicks and hatching eggs, and meat products, including all beef and beef products.

"The Government's decision to open a new Embassy in Ulaanbataar last year is already paying dividends," said International Trade Minister Stockwell Day, who met with Minister Badamjunai on Monday to discuss further trade cooperation. "We are the second largest foreign investor in Mongolia and our existing strong commercial relationship in the mining sector is broadening into real opportunities for Canada's agricultural producers."

Source: www.news.mn

Mining News

RUSSIA'S ARMZ WANTS TWO-THIRDS OF CANADIAN RIVAL: REPORTS Russian state-owned mining firm ARMZ Uranium Holding Company wants to acquire at...

Political News

PRESIDENT PUT VETO ON BUDGET LAW OF MONGOLIA The State Great Khural adopts budget law of 2010 and it was presented to the Pre...