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Government Decree No. 19 on some measures to support wool and cashmere industry.

Country/Territory
Mongolia
Document type
Regulation
Date
2022
Source
FAO, FAOLEX
Subject
Livestock, Cultivated plants
Keyword
Animal by-products Processing/handling Ecofriendly products/ecofriendly processes Certification International trade Subsidy/incentive Textile plants/fibres Crops/grasses
Geographical area
Asia, Asia and the Pacific, Eastern Asia, Landlocked Developing Nations
Abstract

The Government, with a view of supporting national economy, production and export of value-added final products, shall perform the following arrangements to such purpose: (a) to support the manufacturing of final products by gradually increasing the level of processing of wool and cashmere, and to approve and implement production and trade technical regulation in connection with the production and export of cashmere with quality and standards that have been processed beyond hair separation from 2023; (b) draft a law on exemption from added value and customs duties for importation of industrial equipment intended for processing beyond hair separation; (c) annual formation of the necessary funding sources for the provision of low-interest, long-term, concessional loans in order to support the production of depilated wool, cashmere, cotton, spun yarn and finished products; (d) quality of yak wool ordered by processing plants to farmers and livestock owners shall be implemented by the relevant decision in the field of creation of the legal framework for the provision of monetary incentives to such purpose; and (e) a complex measure aimed at increasing the production of environmentally friendly and sustainable products by expanding the range of externally accredited laboratories for product certification complying with the international level, developing science, production and innovation, and improving the international competitiveness of wool and cashmere products.

Full text
Mongolian
Website
legalinfo.mn