International Trade Center’s (ITC) flagship annual event, the World Export Development Forum (WEDF) is underway to be organized in Ulaanbaatar on June 27-28, 2023, under the auspices of the President of Mongolia H.E. Mr. Khurelsukh Ukhnaa under the theme of "Diversifying Green Trade: Organic, Digital, Sustainable".  The launch event of WEDF 2023 was held on February 15th, 2023, on the premises of ITC headquarters in Geneva.

The Ministry of Economy and Development conducted a training on the topic “Developing National development plan for the year 2024 through result-based approach” in collaboration with the “SDG-aligned budgeting to transform employment in Mongolia” project implemented by United Nations Development Program with funding support from the European Union. It was held on January 5 and 6, 2023 including around 150 participants from the State Central and State Administrative Authorities. The Resolution No. 470 of 2022 of the Government of Mongolia renewed the “Regulation on developing development policy and planning documents”, which enabled the conditions to develop each development policy document using a methodology that is consistent with its characteristics.

On 18 November 2022, the Ministry of Economy and Development (MED) and Asian Development Bank (ADB) co-organized ‘Smart Borders in Mongolia’ in Ulaanbaatar. The roundtable was aimed to share good international practices of smart border crossings design, architectural layout reference guide, and the future of border crossings/disruptive technologies. Moreover, the roundtable is to help the government to prepare a BCP strategy and/or roadmap by considering: (i) smart and efficient planning practices; and (ii) practical guidance and recommendations for improving designs of BCPs using draft architectural design prepared for Bulgan BCP in Khovd province.

On 15-16 November 2022, ADB, the Ministry of Economy and Development (MED), Free Zones Organization organized a Roundtable on Operationalizing Free Zones in Mongolia in Ulaanbaatar. The roundtable discussion—led by senior level professional managers of free zones in the PRC, Georgia, and the Philippines was held succeffully.

During the meeting, the parties exchanged views on several topics including current economic situation of Mongolia, foreign investment environment, commodity markets, visas for traveling to Australia and Australia Awards.

Minister Ch.Khurelbaatar held a meeting with Mr. Niels Annen, Parliamentary State Secretary of the Federal Ministry of Economic Cooperation and Development (BMZ), Mr. Jörn Rosenberg, Ambassador of the Federal Republic of Germany, and other official representatives.

Ministry of Economy and Development and Asian Development Bank within the framework of the Central Asian Regional Cooperation (CAREC) program co-organized "Forum on Developing Sustainable Economic Zones in the CAREC Region" and "Roundtable Series on Emerging Regional Trade, Transportation, and Logistics Landscape: Supply Chain Connectivity and Resilient Border Operations in the CAREC Region".

Mr. S. Narantsogt, Vice Minister of Economy and Development, met with Ms. Paramita Dasgupta, Manager East Asia Pacific, Regional Advisory at International Finance Corporation (IFC).

On August 22, 2022, Mr. Kh.Batjargal, the State Secretary of the Ministry of Economy and Development met with Mr. Nakazato Taiji, Head of the East and Central Asia Department of JICA, and his delegation.

SDGs are everyone’s business. These goals are to be achieved by all concerted and collective efforts by all stakeholders, including the Government, development partners, private sector, academia, civil society and last, but not least, by individual citizens.

The National Committee for Sustainable Development (NCSD), chaired by the Prime Minister of Mongolia, convened on 11 August 2022 and endorsed the draft of Integrated national financing strategy (INFS), prepared by the Government’s working group and United Nations in Mongolia. At the 69th session of the United Nations General Assembly in 2015, member states were advised to develop an "Integrated National Financing Strategy" aimed at fully mobilizing multiple financing sources for the Sustainable Development Goals (SDGs). Mongolia is one of the 86 countries around the world that are currently developing the Integrated National Financing Strategy for increasing, aligning, and mobilizing financing resources for SDGs.

Mr. S. Narantsogt, Vice Minister of Economy and Development met with Dr. Verena Fritz, Senior Public Sector Specialist of the World Bank, and provide information about the structure and functions of the ministry, its cooperation with other ministries, and exchanged views on international best practices of ministries responsible for economic and development policies and opportunities and actions to improve government productivity. The parties emphasized the experience of the World Bank in supporting the Government of Mongolia in enhancing the capacity of government institutions and improving the budget, financial planning, and management. It was agreed to work closely with the World Bank in strengthening the capacity of the Ministry of Economy and Development and holding monthly joint discussions on the macroeconomic outlook in the future.  During her mission in Mongolia, Dr. Verena Fritz will meet with other relevant ministries and agencies and present her recommendations to the ministry for further cooperation.

Mr. Narantsogt Sanjaa, the Vice Minister of Economy and Development held a meeting with Mr.Tran Quok Khanh, the Vice Minister of Industry and Trade of the Socialist Republic of Vietnam and his delegation. During the meeting, parties exchanged views on overcoming the obstacles related to global increase of food prices, current regional situation, transportation and logistics problems. Parties mutually agreed on possible sectors to cooperate and increase import/export of strategically important products.  From being food importing country, Vietnam has now become the world’s 3rd largest rice exporter, fully self-sufficient in food and energy supply, ranks in the top 20 in terms of export and import, and is one of the few countries that continuously increased their turnover, keeping their economic growth at 2 percent during the Covid-19 pandemic. 

Mr.S.Narantsogt, the Vice Minister of Economy and Development received Mr. Hassan Zaman, the Regional Director, East Asia and Pacific for the Equitable Growth, Finance, and Institutions on 25 July 2022.

Mr. S. Narantsogt, the Vice Minister of Economy and Development, met with ADB representatives led by Mr. Thomas Panella, Director of Environment, Natural Resources & Agriculture Division of the East Asia Department, and Mr. Pavit Ramachandran, Country Director to discuss comprehensive approaches to solve the problems for ensuring stable food supply and security and coordinate the implementation of some agricultural sector’s projects in this direction.   Parties agreed to explore the further possibility of cooperation within ADB’s technical assistance on developing a national system for monitoring, tracking, and managing food supply and safety based on the existing IT infrastructure of the Government and improving the relevant legal framework.