Mongolian agriculture production to be improved with American support
Representatives from the U.S. Department of Agriculture (USDA) arrived in Mongolia to assess opportunities to implement the Food For Progress Program in Mongolia.
Representatives from the U.S. Department of Agriculture (USDA) arrived in Mongolia to assess opportunities to implement the Food For Progress Program in Mongolia. The countries that are eligible for the Food for Progress Program are given access to modern resources to improve their agricultural production, increase trade in agricultural products, and receive financing of 15 to 20 million USD over a five-year period for agriculture projects. During the visit, the USDA representatives met with officials from the private sector as well as governmental and non-governmental organizations to learn about the current conditions and trends in Mongolia's agriculture sector, and to look for opportunities for cooperation and potential investment. The livestock sector of Mongolia is comprised mostly of small-scale herders, raising cattle, goats, sheep, horses, and camels. It accounts for nearly 80 percent of agricultural products. Agriculture generates much of Mongolia’s national revenue and employment. In 2016, the National Statistics Office of Mongolia (NSO) reported that the sector generated about 13 percent of Mongolia's GDP and directly or indirectly employed more than half of Mongolia’s three million people. Therefore, improving Mongolian agriculture sector in any way would directly contribute the Mongolian economy.