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Best handicraft products to be selected and to be supported for export

Ulaanbaatar City's SMEs Support Center and the Ministry of Culture are jointly organizing the comprehensive event "Opportunities and Solutions to Support and Develop Traditional Handicrafts-2022" within the framework of the "Cultural and Creative Month". Exhibitions, empowerment training, and discussions will be held as part of the three-day event which kicked off on November 7 and will run through November 9.

On this occasion, Minister of Culture Ch. Nomin highlighted that the cultural and creative industry is being developed within 12 sectors. Also, attention is being paid to supporting the export of products by SMEs and handicraft sectors.

This comprehensive event will increase the economic potential of the SME sector, support selling in the international market, and discuss the possibility of circulation of goods through the tourism sector.

Director of Ulaanbaatar City's SMEs Support Center G. Gangamurun said, "There are more than 30,000 people who produce traditional handicrafts in Ulaanbaatar city. As of today, more than 1,000 handmade crafts from nine districts of the capital are on display.”

The best 100 handmade crafts will be selected from the exhibition and will be supported for export to the international market.

More than 70% of Mongolia's labor market is made up of SMEs. 68 percent of these SMEs or 43,236 entities are operating in the capital city. There are 11,000 enterprises and more than 30,000 "artisans" working in the production of cultural products in Ulaanbaatar city. The SME sector accounts for 18.3 percent of GDP and 2.4 percent of total export earnings.

CAPITAL CITY TRAINING, RESEARCH, AND PUBLIC RELATIONS AGENCY

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