Ecolex Logo
The gateway to
environmental law
Search results » Legislation

Government Decision No. 87 regarding some measures to promote manufacturing and export of cashmere.

Country/Territory
Mongolia
Document type
Regulation
Date
2014
Source
FAO, FAOLEX
Subject
Livestock
Keyword
Animal production Certification International trade Business/industry/corporations Credit Transport/storage
Geographical area
Asia, Asia and the Pacific, Eastern Asia, Landlocked Developing Nations
Abstract

This Government Decision provides working capital loans by pledging guaranteed cashmere balances in warehouses for the preparation of raw materials for factories with a view of increasing cashmere production and export of cashmere products. The procedure shall regulate the provision of loans from banks for the preparation of raw materials for industries to support cashmere production and increase exports, the terms and conditions of loans, monitoring, recording and reporting of warehouse movements. National cashmere processing plant shall be intended a plant in which 51% or more is owned by citizens or enterprises of Mongolia. Loans shall be granted to certified enterprises, conforming quality and quantity of cashmere stored in warehouses.

Full text
Mongolian
Website
legalinfo.mn