After a long negotiation and domestic procedures for Mongolia’s accession to the Asia-Pacific Trade Agreement (APTA), Mongolia is going to become the seventh member of the Agreement from September 2020. The accession of Mongolia is supposed to be effective from 1 January 2021, so Mongolia will reduce tariff for exports from other APTA member countries and be benefited from concessions by other member countries. Since APTA is the first plurilateral agreement and only the second regional trade agreement concluded by Mongolia after the Mongolia-Japan Economic Partnership Agreement in 2015, ESCAP, which serves as the secretariat of APTA negotiation, will organize a workshop with Mongolian Ministry of Foreign Affairs to raise awareness of the Agreement and promote utilization of it. The workshop will also aim to provide better understanding of ongoing 5th round negotiation to government officials of Mongolia, so they can be well-prepared for future negotiation.
12 October 2020 | By invitation only
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