▲ Up
11:54 22-09-2018
АКИpress CA-News Tazabek Turmush
Mongolian Cabinet of Ministers adopts program to boost cashmere industry
Central Asia | business | 11:39, 09 February 2018 | 863

AKIPRESS.COM - Mongolian Cabinet adopted a program titled ‘Cashmere’ to boost the cashmere industry, Montsame reported.

The four-year program is expected to increase Mongolia’s production and export of final cashmere products 5.7 times. The program fund will be generated from the state and local budgets and foreign loans and aids.

The ‘Cashmere’ program will be implemented with two stages, maintaining 5,500 jobs and newly creating about 3,600 jobs in the national cashmere industry.

Mongolia’s goat population counts to 27 million, and annual cashmere capacity is 9,400 tons. However, about 90 percent of the total cashmere is exported and 10 percent are made into final products.

It has been calculated that Mongolia can export 19.8 million knitted and textile products to earn about MNT 2 – 4 trillion per annum, if cashmere is fully processed home.

11:50 Speaker Jumabekov lays wreaths to Heydar Aliyev’s grave in Azerbaijan11:38 Speaker Jumabekov participated in Milli Majlis session on occasion of 100th anniversary of Azerbaijani parliament11:14 New milk processing plant to be launched in Naryn region in 201911:01 Ambassadors of Kyrgyzstan and Benin to Russia discussed Kyrgyz-Benin cooperation10:45 Kyrgyz Prosecutor General's Office participated in meetings of Coordination Council of Prosecutor Generals of CIS and SCO in Dushanbe10:29 Kyrgyz and North Korean ambassadors to Russia discussed development of bilateral relations17:20 Osh city celebrates State Language Day17:19 US Embassy in Bishkek encourages Kyrgyzstanis to avoid Diversity Visa fraud17:18 U.S. Government seeks to improve nutrition of at-risk populations through food donation to Talas region health and social institutions17:10 Divers clean up bottom of Issyk-Kul lake17:09 Blood donation campaign to be held in Bishkek16:53 SPECA countries discuss benefits of regional cooperation to achieve sustainable development goals16:46 Cholpon-Ata celebrates Day of State Language16:34 Trade of Tajikistan with CIS states exceeds $1.5 billion16:30 Pudovkin park opens after reconstruction in Naryn16:18 Hong Kong home on sale for $446 million16:14 Tender for delivery of 400,000 tons of coal to Bishkek power plant illegal: Member of tender commission16:12 Central Asian Muftis agree to restore religious schools16:05 Prime Minister and MPs attended festive celebration of Naryn's 150th anniversary16:02 Around 10,000 citizens of Uzbekistan acquire Russian citizenship in H1
© AKIpress News Agency - 2001-2018. All rights reserved
Republication of any material is prohibited without a written agreement with AKIpress News Agency. Any citation must be accompanied by a hyperlink to akipress.com.
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)65-03-06