Today the plenary session of the State Great Khural discusses the draft law on Trade, submitted by the cabinet last month.
The introduction on the draft law was done D.Erdenebat, Minister of Industry.
He emphasized the importance of the trade entities as those are the main distributors of the manufacture goods to its final consumers, this sector involves 152,000 individuals employed. Moreover, minister noted that Mongolia spent several years relying on just mining sector with increase in the imports reaching 75 percent, while the exports haven't seen much expansion. The main reason for development of this law is to create favorable trade environment for the businesses of this sector.
Today the plenary session of the State Great Khural discusses the draft law on Trade, submitted by the cabinet last month.
The introduction on the draft law was done D.Erdenebat, Minister of Industry.
He emphasized the importance of the trade entities as those are the main distributors of the manufacture goods to its final consumers, this sector involves 152,000 individuals employed. Moreover, minister noted that Mongolia spent several years relying on just mining sector with increase in the imports reaching 75 percent, while the exports haven't seen much expansion. The main reason for development of this law is to create favorable trade environment for the businesses of this sector.