Wednesday, September 29, 2010

Canada Expands Agricultural Cooperation with Mongolia

WINNIPEG (Dow Jones)--Canada has increased its agriculture cooperation with Mongolia with the signing of an important Agriculture Memorandum of Understanding between the two countries, Agriculture and Agri-Food Canada said Tuesday in a statement.

Canada's Agriculture Minister, Gerry Ritz, joined the Ambassador of Mongolia to Canada, His Excellency Tundevdorj Zalaa Uul to sign the MOU which will be key to enhancing bilateral relationships between Canada and Mongolia.

The signing was witnessed by Canadian Prime Minister Stephen Harper and Mongolia's Prime Minister Sukhbaatar Batbold. "International trade and cooperation is key to making sure Canadian farmers can make their money from the marketplace," said Ritz.

The MOU will offer a sharing platform between the two countries and give Mongolia and Canada a better understanding of each other's systems, policies and regulations. It will facilitate sharing of best practices as well as strengthen agricultural cooperation and commercial relations between the two countries.

The MOU will help foster alliances between commercial interests, facilitate exchange of technology, expertise and be a catalyst for future trade, according to the statement. For example, Canada has commercial opportunities in agricultural machinery and livestock production in Mongolia. Canada's world class genetics will certainly contribute to further the development of Mongolia's animal industry.

-By Dwayne Klassen, Dow Jones Newswires; 204-947-1700;

No comments:

Post a Comment