EastAgri is a network of institutions coordinated by the Food and Agriculture Organization of the United Nations Investment Centre, committed to improving their agricultural and agribusiness investment portfolio through information sharing. We are currently covering the 29 member countries of the EBRD.EastAgri — сеть организаций, координируемая Инвестиционным центром ФАО, созданная для развития инвестиционных проектов в области сельского хозяйства и агробизнеса на основе обмена информацией. В настоящее время EastAgri объединяет 29 стран–членов Европейского банка реконструкции и развития (ЕБРР).

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EBRD and EU support sustainable wool products in Mongolia

Mongolia’s grasslands are an ideal playground for several million cashmere goats, sheep and yaks. Their world-renown wool means big business: it provides an income for around 400,000 herders, so it should not come as a surprise that locals refer to it as “white gold”.

But, for a long time, Mongolians have not seen the benefits of possessing this precious resource. Foreign traders bought the raw material and processed it abroad, so the economic upside took a detour out of the country.

This is why the EBRD teamed up with the European Union and the United Nations Food and Agriculture Organization (FAO) to add value across the whole production cycle – from the local farmer to exporters in Ulaanbaatar.

EBRD and EU support sustainable wool products in Mongolia

EBRD

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EastAgri is supported by FAO, EBRD, and The World Bank