[{"bbox": [86, 152, 401, 184], "category": "Section-header", "text": "3.5 The Intervention Logic"}, {"bbox": [97, 199, 609, 227], "category": "Text", "text": "The underlying intervention logic for this action is that:"}, {"bbox": [97, 243, 1150, 444], "category": "Text", "text": "By taking an integrated approach to enhancing trade (strategic/policy perspective, foreign trade enabling environment, export promotion and rapid response facility) and enhancing capacity of the core stakeholders from the public and from the private sector, this action will: i) increase trade efficiency of Mongolian Small and Medium Enterprises (SMEs) in the EU market; and ii) enhance capacity of Mongolian public institutions and the private sector to define and implement effective trade policies. This should lead to Mongolia taking advantage of non-mining international trade opportunities that fosters economic diversification and green, sustainable and inclusive development."}, {"bbox": [97, 456, 1150, 543], "category": "Text", "text": "The fact that special focus of this action is on sustainable and innovative products/sectors (e.g. sustainable agriculture and forestry value chains) and services with high sustainability, climate relevance and export potential, should ensure that this action foster green, sustainable and inclusive development."}, {"bbox": [97, 555, 1150, 754], "category": "Text", "text": "The above intervention logic assumes that: i) trade increase (with focus on sustainable and innovative products/sectors and services with high sustainability, climate relevance and export potential) will subscribe to the ultimate goal of sustainable, green and inclusive economic growth; ii) private sector will be able to play a key role in the definition of needs and constraints affecting the development of a sound business environment and overall competitiveness, and to contribute towards overcoming the major obstacles faced by Mongolia in achieving its long-term trade potential; and iii) Government will remain committed to trade liberalization and maintenance of an open economy."}, {"bbox": [97, 768, 1150, 880], "category": "Text", "text": "To ensure sustainability of its intervention and increased impact, the action aims to have a strong focus on the private sector (SMEs in particular) and to develop synergies with the “Support to SME Development in Mongolia” (implemented by the EBRD) and other potential EFSD+ actions as well as with the non-EU funded trade related initiatives²."}, {"bbox": [86, 1572, 1145, 1647], "category": "Footnote", "text": "² i) “Export Development Project (EDP)” implemented by MOFALI and funded by WB soft loan; ii) ADB project “Regional improvement of border services project 2016-2023”; iii) World Bank funded “Livestock Commercialization Project (LCR) (2020-2025)”."}, {"bbox": [1027, 1680, 1145, 1706], "category": "Page-footer", "text": "Page 13 of 23"}]