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2025/09/05
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President of Mongolia Welcomes the Reintroduction of the Mongolia Third Neighbor Trade Act Legislative Bill in the U.S. Congress

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2021/04/23 5:45:18
President of Mongolia Welcomes the Reintroduction of the Mongolia Third Neighbor Trade Act Legislative Bill in the U.S. Congress

In connection with the reintroduction of the Mongolia Third Neighbor Trade Act legislative bill in the House of Representatives of the United States Congress, the Office of the President of Mongolia issued the following press release. 

President of Mongolia Khaltmaagiin Battulga expresses full support to the Mongolia Third Neighbor Trade Act legislative bill, which was reintroduced in the U.S. House of Representatives, and expresses his gratitude to Rep. Dina Titus and Rep. Don Young, Co-Chairs of the Congressional Mongolia Caucus. 

If passed by the Congress, the Mongolia Third Neighbor Trade Act legislative bill will authorize duty free treatment of Mongolian-made cashmere and textile product export to the United States. 

President Battulga wrote a letter to then President Donald Trump in December, 2017, requesting his support for the legislative bill. 

Consequently, the Mongolia Third Neighbor Trade Act legislative bill was introduced in the 115th United States Congress in 2018 and reintroduced in the 116th United States Congress in 2019. 

The Mongolia Third Neighbor Trade Act legislative bill was one of the key agendas of the President’s official visit to the United States in July 2019. To garner support for the legislative bill, President Battulga personally met with the co-sponsors of the bill as well as other Congress members.

The adoption of the legislative bill will expand bilateral trade turnover and non-mining exports of Mongolia, boost agricultural industries, and ensure the stability of women’s employment and sustainability of household income. A study suggests that over 30 thousand jobs will be created in the cashmere and textiles industries of Mongolia if the bill is passed. 

The Mongolia Third Neighbor Trade Act legislative bill has a special importance in strengthening the “third neighbor” policy of Mongolia and the reinforcement of the Strategic Partnership between Mongolia and the United States. 

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GALLERY

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received_1460020275239847
2025/09/03 2:39:11President of Mongolia Lays Wreath at the Memorial Complex in Janchkhuu
thumbnail received_763184589756083
received_763184589756083
2025/09/03 2:33:25Mongolia-China-Russia Leaders Convene for 7th Trilateral Meeting in Beijing
thumbnail received_1061367876161760
received_1061367876161760
2025/09/03 2:30:29Mongolia, China Agrees on Expanding Cooperation in Multiple Fields
thumbnail received_787998147491349
received_787998147491349
2025/09/02 10:38:54Khurelsukh at SCO: “Mongolia Is Ready to Contribute to Regional Integration”
thumbnail 539914819_1852986372303789_7018353776700053805_n
539914819_1852986372303789_7018353776700053805_n
2025/09/01 9:54:07President of Mongolia U. Khurelsukh Received by President of China Xi Jinping
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