AmCham Position Paper: Competent Beef and Dairy Sectors
IFC, a member of the World Bank Group, is joining the UN FAO, Mercy Corps, and AmCham Mongolia in launching an initiative to promote modern livestock technologies in Mongolia, thereby boosting the sector's productivity and competitiveness. The initiative created a first-of-its-kind platform to bring together beef and dairy business leaders, industry experts, and policymakers, who shared their expertise to bolster the country's livestock sector. Livestock has long been a priority sector for Mongolia, because of its contributions to inclusive economic growth and export diversification. The adoption of modern technologies will allow herders and farmers to reach much higher yields. Artificial insemination, for example, allows local dairy farms to supply high-quality milk all year round, ensuring constant cash flow through longer contracts with processors. Cattle farms have also used such technology for improving the quality of breed stock, increasing meat output by three times. This policy paper outlines key challenges in the beef and dairy sectors in Mongolia and proposes certain policy recommendations based on local and international best practices in handling these issues. The challenges and recommendations were developed with input from key stakeholders, raised and discussed during the Pioneers in Beef and Dairy Development in Mongolia forum, held on March 21, 2019. AmCham Position Paper on Competent Beef and Dairy Sectors ENG AmCham Position Paper on Competent Beef and Dairy Sectors MON