MONGOLIAN NATIONAL CHAMBER OF COMMERCE AND INDUSTRY AND GOLOMT BANK TO COOPERATE IN EMPOWERING WOMEN ENTREPRENEURS

The Mongolian National Chamber of Commerce and Industry (MNCCI) and Golomt Bank signed a Memorandum of Understanding on Improving Women Business Owners' Competitiveness, Capacity Building, and Financial Inclusion.

The two sides will cooperate on providing women-led companies qualified for the "Supporting Female Exporters in a Digital Economy" Project with training, information, and opportunities for new markets and investments, while also supporting them through policy advocacy to ensure gender equality.

The Project, jointly initiated by the World Trade Organization and the International Trade Centre, aims at empowering women business owners by providing financial aid worth USD 50 million, technical support, mentorship, and gateways into international business networks.