The initiative's purposes are to raise public awareness, to improve legal environment, to exchange practices, to create an information network and to involve private entities and civil societies to stop the trade in goods used to carry out the death penalty and torture.

On the launch day, the 58 countries joined the initiate have signed a joint political declaration that expressed willingness to ban the trade of goods used for the death penalty and torture.

Opening the event, Acting Foreign Minister Ts.Munkh-Orgil stressed Mongolia has abolished death penalty and expressed his hope that the initiative would have significant contribution in maintaining and protecting human rights.