‘Expanding mutually beneficial cooperation’ cashmere forum taking place

Ulaanbaatar /MONTSAME/ Today, on July 23, the fourth edition of the Mongolia-China cashmere forum themed ‘Expanding mutually beneficial cooperation’ is being organized at the conference hall of the Ministry of Food, Agriculture and Light Industry with the involvement of authorities from the ministry, Mongolian Wool and Cashmere Association and its member companies, China Chamber of Commerce of I/E of Foodstuffs, Native Produce and Animal By-Products (CFNA), and China’s major cashmere producers. In his opening remarks, Acting State Secretary and Head of Department of Public Administration and Management of the Ministry of Food, Agriculture and Light Industry T.Jambaltseren stressed the importance of developing joint strategies for the global market while pointing out that Mongolia and China are big suppliers that account for around 90 percent of the global cashmere production. “For instance, it is important to take measures to maintain cashmere price and quality on the global market” “It is worthy to note that we started to adopt environmentally friendly approaches to the preparation and production of cashmere raw materials and are aligning them with the concept of sustainable development” He also underlined that the businesses of the two countries have to reach mutually beneficial unanimous decision as well as to strengthen and maintain their cooperation. The participants are conferring on the topics ‘Sustainable development of cashmere industry on the world market – Pursuing mutually beneficial cooperation’, ‘Supply chain and sustainability’, ‘Reform of Mongolia’s cashmere industry and opportunities for cooperation’, and ‘Export—import analysis of cashmere products’, as well as the issues regarding environmentally friendly cashmere production and the current state and further development of bilateral cashmere cooperation.