Workshop on the Opportunities for Mongolia on Trade Promotion under the Belt and Road Initiative and the ePing system organized by the UN DESA and MNCCI

The UN Department of Economic and Social Affairs (UNDESA), together with the Mongolian National Chamber of Commerce and Industry, jointly organized a workshop and training on “Opportunities for Mongolia on Trade Promotion under the Belt and Road Initiative and the ePing system” in the framework of the project “Jointly Building Belt and Road towards SDGs” to discuss the issues related to Belt and Road Initiatives (BRI) and its influence to Sustainable Development Goals(SDG), and to introduce the ePing system on 5th of September, 2019.

The goal of the project is to define the impact of BRI on the achievement of the SDG, capacity building of policymakers, improving the potential outcomes and determining the ability to manage risks. There are 14 countries of Asia and Europe participating in the project and one of them is Mongolia.

Mongolia is promoting the "Belt and Roads Initiative” which is proposed by the People's Republic of China, actively participating in multi-level summits and meetings and initiated the establishment of the China-Mongolia-Russia Economic Corridor in conjunction with the "Development Road" program of Mongolia. The economic corridor of three countries will create many advantages such as infrastructure development of transport, renewal of border crossing point with significant influence on foreign trade, enhancement of customs inspection procedures, and the raise of trade and service in relation with the energy production, tourism and infrastructure. This will in turn, improve the economy and will contribute to the achievement of Sustainable Development Goals in Mongolia.

Countries around the world are often set tariffs and other constraints on commodity imports from other countries. Thus, the E-Ping system, developed by the World Trade Organization and the United Nations ensures the sustainable activities of foreign trade without any barriers.

The system enables trade participants to vote and view the information of the Technical Coordination Project, which is reflected in the negotiations "SPS or TBT Enquiry Points” and information about the interested products.

In the future, we will focus on defining the impact of the BRI in Mongolia, providing policymakers with information, and coordinating the BRI and SDG in setting the long-term development policy of Mongolia.