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Government Decree No. 19 on some measures to support wool and cashmere industry.

Country
Type of law
Regulation
Source

Abstract
The Government, with a view of supporting national economy, production and export of value-added final products, shall perform the following arrangements to such purpose: (a) to support the manufacturing of final products by gradually increasing the level of processing of wool and cashmere, and to approve and implement production and trade technical regulation in connection with the production and export of cashmere with quality and standards that have been processed beyond hair separation from 2023; (b) draft a law on exemption from added value and customs duties for importation of industrial equipment intended for processing beyond hair separation; (c) annual formation of the necessary funding sources for the provision of low-interest, long-term, concessional loans in order to support the production of depilated wool, cashmere, cotton, spun yarn and finished products; (d) quality of yak wool ordered by processing plants to farmers and livestock owners shall be implemented by the relevant decision in the field of creation of the legal framework for the provision of monetary incentives to such purpose; and (e) a complex measure aimed at increasing the production of environmentally friendly and sustainable products by expanding the range of externally accredited laboratories for product certification complying with the international level, developing science, production and innovation, and improving the international competitiveness of wool and cashmere products.
Date of text
Repealed
No
Source language

English

Legislation Amendment
No
Original title
МОНГОЛ УЛСЫН ИХ ХУРЛЫН ТОГТООЛ 2022 оны 05 сарын 05 өдөр Дугаар 19 НООС, НООЛУУРЫН ҮЙЛДВЭРЛЭЛИЙГ ДЭМЖИХ ЗАРИМ АРГА ХЭМЖЭЭНИЙ ТУХАЙ.