[{"bbox": [97, 153, 1133, 205], "category": "Text", "text": "untapped trading potential, including with the EU, and further promote the country's green and socio-economic development and economic diversification."}, {"bbox": [97, 218, 1133, 297], "category": "Text", "text": "The **Overall Objective** of the proposed EU action is to promote green, sustainable and inclusive development while diversifying international trade and fully utilizing benefits of the WTO accession and the Generalised Scheme of Preferences (GSP+)."}, {"bbox": [97, 310, 489, 338], "category": "Text", "text": "The **Specific Objectives** of this action are:"}, {"bbox": [97, 350, 1133, 403], "category": "Text", "text": "SO1: Enhance effectiveness of trade policies with a special focus on sustainable and innovative sectors with high sustainability, climate relevance and export potential."}, {"bbox": [97, 415, 1133, 465], "category": "Text", "text": "SO2: Increase trade efficiency of Mongolian Small and Medium Enterprises (SMEs) in the EU and regional markets"}, {"bbox": [97, 480, 400, 507], "category": "Text", "text": "The **Expected Results (ER)** are:"}, {"bbox": [97, 519, 1133, 625], "category": "Text", "text": "- **ER (Output) 1.1.:** Coherent trade strategy for export effectiveness designed and implemented, including policies, regulatory reforms and trade negotiations as shaped by the World Trade Organisation (WTO), regional integration processes, EU's Generalised Scheme of Preferences (GSP+), the EU Registered Exporter system (REX) and Sanitary and Phytosanitary Standards (SPS)."}, {"bbox": [97, 625, 1133, 676], "category": "Text", "text": "- **ER (Output) 2.1.:** Increase Small and Medium Enterprises' (SMEs) capacities to export to the EU and regional markets."}, {"bbox": [97, 678, 1133, 758], "category": "Text", "text": "- **ER (Output) 2.2.:** Enhanced export cluster capacity to support SMEs to access the EU and regional markets, with specific focus on the products/sectors/value chains with high sustainability, climate relevance and export potential."}, {"bbox": [97, 758, 1133, 810], "category": "Text", "text": "- **ER (Output) 2.3.:** Rapid response facility established to enable rapid, efficient and effective response to unforeseen problems and issues in trade related areas."}, {"bbox": [97, 838, 1133, 890], "category": "Text", "text": "Consultations with the key stakeholders of the previous phase have taken place to assess the needs and priorities for this programme."}, {"bbox": [97, 891, 1133, 970], "category": "Text", "text": "While being a follow-up to the Trade Related Assistance to Mongolia (TRAM) 2017-2021, the emphasis of this action is on the technical assistance to the private sector (SMEs in particular) and export promotion as new policies and regulations developed under TRAM are yet to be adopted and implemented."}, {"bbox": [97, 996, 1133, 1129], "category": "Text", "text": "This Action is aligned with the EC priority on sustainable growth and decent jobs with various objectives under the European Green Deal (including Farms to Fork, Circular Economy), and with the EU Aid for Trade Strategy will contribute to SDG5 (Gender equality), SDG 8 (Decent Work and Economic Growth), SDG 9 (resilient infrastructure, inclusive and sustainable industrialization and innovation), SDG 12 (Responsible Consumption and Production) and SDG 17 (Partnerships to Achieve the Goal)."}, {"bbox": [85, 1161, 322, 1193], "category": "Section-header", "text": "# 2 RATIONALE"}, {"bbox": [85, 1226, 234, 1253], "category": "Section-header", "text": "## 2.1 Context"}, {"bbox": [97, 1273, 1133, 1379], "category": "Text", "text": "Mongolia's trade policy aims at adopting market-oriented reforms and reducing dependence on the mining sector. General guidelines for foreign trade are stated in the Government of Mongolia's strategic documents including the Action Plans of the Government for 2016-2020 and 2020-2024, the National Development Strategy 2017-2021 and more recently the Long-Term Development Policy Vision 2050."}, {"bbox": [97, 1390, 1133, 1522], "category": "Text", "text": "With WTO accession finalized in 1997 and the ratification of the Trade Facilitation Agreement (TFA) in 2016, Mongolia concluded its first two free trade agreements: an Economic Partnership Agreement (EPA) with Japan, which entered into force in 2016, and the Asia-Pacific Trade Agreement (APTA) in September 2020, which entered into force in January 2021. Mongolia also concluded the US-Mongolia Agreement on Transparency in Matters Related to International Trade and Investment, which entered into force in March 2017."}, {"bbox": [97, 1536, 1133, 1614], "category": "Text", "text": "In the first half year of 2021, Mongolia traded with 138 countries for a total trade turnover of USD 7.4 billion, of which USD 4.1 billion exports and USD 3.3 billion imports. Trade with China reached USD 5.0 billion, which is 68.0% of the total trade turnover."}, {"bbox": [1038, 1681, 1143, 1705], "category": "Page-footer", "text": "Page 4 of 23"}]