The forum which is the last side event of the ASEM Summit will bring together nearly 600 delegates from 51 ASEM member states and will provide a wide platform of addressing challenges businesses of intercontinental scale are confronted with and seeking best solutions. The forum will consists of four panel sessions under topics of inclusive economic growth, Asia-Europe interrelations, connecting small businesses to international value-added network, and investment and green development.

According to D.Nyamkhuu, the State Secretary of the Ministry of Industry, a total of MNT 258.830 million was budgeted for ht upcoming event organization.

Mongolia will be represented by some 300 business delegates who are afforded an opportunity to promote their activity to foreign businesspeople.

The panel session on inclusive economic growth will hold a debate on ways the small economies like Mongolia can benefit from economic integrations and relations of larger countries in. The Asia-Europe connectivity session will focus on infrastructure connectivity, economic corridor, migrations and sustainable tourism.

The other two sessions will address challenges the small and medium businesses face in joining value-added networks, relations between small and national enterprises and transnational corporations as well as responsible business, creating and application of green technologies and renewable energy sources. The final document to come out from the forum will be delivered to the ASEM Summit.

The purchase included some of the largest production facilities in Russia, all of which previously belonged to businessman Valery Yakovlev. The deal boosts Rosspirtprom domestic market share to 61 percent, Vedomosti reported.

Vadim Dobroz, the director of the Research Center for Federal and Regional Alcohol Markets, told Vedomosti that the purchases hinted again at possible state plans to create an alcohol monopoly. “In reality, there was only ever one buyer [for these factories],” he said. “In such a situation, any money is just a gift.”

Deputy Prime Minister Alexander Khloponin announced last year that the monopoly on the sale of alcohol was “a very important policy” and one that the government should “pursue in the next year and put under control,” Vedomosti reported.

The two most expensive factories bought by Rosspirtprom were for Tula's Zernoprodukt and Kabardino-Balkaria's Premium, costing 1.12 billion rubles ($17 million) and 1.04 billion rubles ($16 million.) Other new acquisitions included factories in Kursk, Novosibirsk, and North Ossetia.

Domestic vodka production has recently surged by up percent as the government began cracking down on the production and sale of counterfeit alcohol in the past year. Foreign alcohol imports are also threatened by a shortage of mandatory, state-produced excise stamps.