PM of Mongolia Ch.Saikhanbileg during the official visit to Japan has on February 9-11 has signed the EPA with PM of Japan Shinzo Abe in Tokyo. Draft bill on Mongolia-Japan EPA approval to be submitted for discussions at the State Great Khural.
According to the International Agreement law it is obligatory that any agreement differing from the laws and regulations under Mongolian law to be discussed and approved by the State Great Khural.
The aim of the EPA agreement with Japan provisions free trade, investment and export of value added industrial products, introduction of technological know-how to Mongolia, reduce obstacles in trades with Japan and ease the customs clearing procedure.
The discussion has covered 17 issues covering origin of the goods traded, elimination or reduction of customs duties, health issues, reduction of trade obstacles, improvement of service trade, investment and business environment, intellectual property regulations, online trade, competition policy, disputes resolution, general and conclusive provisions, individual migration and Government procurement.
The EPA consists of 17 articles adn 10 appendices.
PM of Mongolia Ch.Saikhanbileg during the official visit to Japan has on February 9-11 has signed the EPA with PM of Japan Shinzo Abe in Tokyo. Draft bill on Mongolia-Japan EPA approval to be submitted for discussions at the State Great Khural.
According to the International Agreement law it is obligatory that any agreement differing from the laws and regulations under Mongolian law to be discussed and approved by the State Great Khural.
The aim of the EPA agreement with Japan provisions free trade, investment and export of value added industrial products, introduction of technological know-how to Mongolia, reduce obstacles in trades with Japan and ease the customs clearing procedure.
The discussion has covered 17 issues covering origin of the goods traded, elimination or reduction of customs duties, health issues, reduction of trade obstacles, improvement of service trade, investment and business environment, intellectual property regulations, online trade, competition policy, disputes resolution, general and conclusive provisions, individual migration and Government procurement.
The EPA consists of 17 articles adn 10 appendices.