Mr. Pavit Ramachandran emphasized that the agricultural sector is a promising sector to diversify the Mongolian economy and raise employment and income. He continued “ADB has implemented a number of projects in the food, agriculture and light industry sectors of Mongolia. In the coming years, we plan to focus on supporting small local businesses and introducing climate-resistant livestock and scientific advances into herders' lives”.

After noting the Government of Mongolia’s efforts on the production of value-added products in the agricultural sector and agricultural commercialization, Minister Z.Mendsaikhan expressed his intention to intensify cooperation with ADB and support the further development of industrial parks, supply of agricultural raw materials, and establishment of a storage and protection system.