International Trade Working Group’s October Meeting

On October 15, 2024, EuroChamber’s International Trade Working Group held its monthly meeting focused on “Unlocking Trade: Importing European Goods into Mongolia.” Mr. Yeruult Sukh, Co-Chair of the International Trade Working Group and CEO of GG Groceries LLC, shared insights through his presentation titled “Unlocking Trade: Importing European Goods into Mongolia,” based on his experience starting a business importing goods from Europe.
During his presentation, he offered practical advice to start-up companies, including:
✅Find your niche
✅Meet face-to-face and build relationships
✅Use a pricing formula when selecting brands or products
✅Check the HS codes
✅Ensure your finances are in order
Following Mr. Yeruult, Ms. Chimedlkham Bayarsaikhan, Chair of the International Trade Working Group and Director of the International Banking Division at Capitron Bank, delivered her presentation titled “Import Trade Finance Products,” where she explained various trade finance instruments offered by banks.