TRADE POLICIES REPORT DISCUSSED

Ulaanbaatar /MONTSAME/ The Cabinet meeting last Friday approved a report on trade policies of the Government. It was developed by the Ministry of Economic Development, based on policy changes and statistics of key economic sectors of the nation since 2005. The report will be submitted to the World Trade Organization (WTO), Mongolia joined in 1997. As a member-country, Mongolia got reviewed its trade policies by WTO in 2005 for the first time. The Economic Development Minister N.Batbayar is expected to attend the review and discussion of the report of the trade policies of Mongolia at WTO. WTO is an organization that supervises and liberalizes international trade. It has 159 members and 25 observer governments.