Mongolia Boosts Customs Efficiency with WTO Trade Initiative

Mongolia Boosts Customs Efficiency with WTO Trade Initiative

With the support of the Swiss State Secretariat for Economic Affairs and the World Customs Organization, the Mongolian Customs General Administration successfully held a risk management workshop. The workshop aimed to enhance risk identification, assessment, and response capabilities. Through practical exercises, experience sharing, and learning from Australian border management practices, Mongolian Customs is expected to significantly improve customs clearance efficiency, reduce trade costs, create more favorable conditions for economic development, and maintain national border security. The ultimate goal is to strengthen risk management practices and facilitate trade.

01/22/2026 Customs Knowledge
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New China-Mongolia-Russia Freight Corridor Boosts Fresh Fruit Trade

New China-Mongolia-Russia Freight Corridor Boosts Fresh Fruit Trade

The new international freight corridor between China, Mongolia, and Russia has officially opened, leveraging Guangxi's geographical advantage to connect ASEAN with Russia. During the inaugural trial run, refrigerated trucks commenced trade from Nanning to Ulan-Ude, facilitating the northward transport of southern produce and promoting new economic development in the region. This initiative injects vitality into the fruit trade between Guangxi and ASEAN, fostering the establishment of a new economic corridor.

07/28/2025 Logistics
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Guide to Air Freight Logistics at Mongolias Chinggis Khaan Airport

Guide to Air Freight Logistics at Mongolias Chinggis Khaan Airport

This article provides a detailed overview of air freight services at Chinggis Khaan International Airport (ULN) in Ulaanbaatar, Mongolia, including its airport code, regional information, airport type, and some direct flight routes. It emphasizes the importance of understanding customs clearance requirements and selecting appropriate routes for efficient air transportation. The aim is to offer a practical guide for those involved in trade with Mongolia, facilitating smoother and more effective air cargo operations.

08/21/2025 Airport Codes
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Golomt Bank Simplifies SWIFT Transfers in Mongolia

Golomt Bank Simplifies SWIFT Transfers in Mongolia

This article provides a detailed analysis of Golomt Bank's SWIFT code, GLMTMNUBXXX, in Mongolia. It explains the structure, usage scenarios, and precautions associated with SWIFT codes, offering essential information for receiving international remittances. Furthermore, it explores alternative options for cross-border transfers, aiming to assist readers in completing international remittances efficiently and accurately. The article focuses on practical guidance for understanding and utilizing SWIFT codes within the context of Golomt Bank and international money transfers.

09/02/2025 International Settlement
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Golomt Bank SWIFT Code Simplifies Mongolia Transfers

Golomt Bank SWIFT Code Simplifies Mongolia Transfers

This article provides a detailed explanation of Golomt Bank of Mongolia's SWIFT code (GLMTMNUBXXX), clarifying when to use the general code and how to find specific branch codes. It emphasizes the importance of verifying remittance information and provides the necessary details for receiving international money transfers, assisting users in successfully completing international transactions. The guide aims to simplify the process of international remittances involving Golomt Bank by offering clear instructions and highlighting crucial information for a smooth transfer experience.

09/02/2025 International Settlement
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Mongolia Improves Customs Valuation with WCO Assistance

Mongolia Improves Customs Valuation with WCO Assistance

At the request of the Mongolian Customs General Administration, a World Customs Organization (WCO) expert team conducted a diagnostic review of its valuation system and provided recommendations for improvement. The aim is to assist Mongolian Customs in building a more efficient and transparent valuation system by strengthening internal cooperation, developing talent, and keeping abreast of international best practices. This will enhance revenue collection, optimize the business environment, and promote trade development in Mongolia.

01/05/2026 Customs Knowledge
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Mongolia Enhances Customs Audits with Wcobacked System

Mongolia Enhances Customs Audits with Wcobacked System

The World Customs Organization (WCO) is assisting Mongolian Customs in building an effective Post Clearance Audit (PCA) system to enhance regulatory efficiency, increase revenue collection, and promote trade facilitation. Through diagnostic missions and workshops, the WCO is tailoring solutions for Mongolian Customs, emphasizing internal process optimization, multi-agency cooperation, and voluntary compliance by businesses. This initiative aims to modernize Mongolian Customs and improve its overall performance in line with international standards, ultimately contributing to a more efficient and transparent trade environment.

01/05/2026 Customs Knowledge
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China Expands Traditional Medicine Exports to Mongolia

China Expands Traditional Medicine Exports to Mongolia

This article provides a detailed interpretation of the regulations and precautions for sending Traditional Chinese Medicine (TCM) to Mongolia. It covers key aspects such as medicine labeling requirements, quantity restrictions, prescriptions for special medications, selection of postal and express delivery channels, and how to handle customs inspections. The aim is to help readers safely and smoothly send TCM medicines to friends and relatives in Mongolia, ensuring compliance with all relevant rules and regulations for successful delivery.

01/26/2026 Customs Knowledge
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Mongolias Customs Reforms Enhance Trade Efficiency

Mongolias Customs Reforms Enhance Trade Efficiency

Mongolian Customs has significantly improved its risk management capabilities under the World Customs Organization (WCO)'s 'Light Touch Intervention' (LTI) project. Through capacity building, strategic upgrades, and standardization, risk management efficiency has increased by 30%, and the physical inspection rate of goods has decreased by 20%. This advancement lays the foundation for a more competitive trade environment in Mongolia, streamlining processes and reducing unnecessary delays for legitimate trade while focusing resources on high-risk areas.

01/05/2026 Customs Knowledge
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Mongolia Boosts Customs Efficiency Via HS Rules Advance Rulings

Mongolia Boosts Customs Efficiency Via HS Rules Advance Rulings

With the support of the World Customs Organization, Mongolia successfully hosted a national workshop on the HS Nomenclature and Advance Rulings, aimed at enhancing the commodity classification skills of customs officials and addressing the increasingly complex challenges of international trade. Through international cooperation and experience exchange, Mongolian Customs is committed to improving efficiency, promoting trade facilitation, and contributing to national budget revenue. The workshop emphasized practical application and knowledge sharing to strengthen customs operations.

01/26/2026 Customs Knowledge
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