Livestock insurance service to be offered |
Insurance representatives have been selected to sale livestock indexed insurance in Bayankhongor aimag. They are the "Mongol", "Tushig", "Bodi", and "Prime" insurance companies. In every soum of the province, 2-3 insurance underwriters will be deployed. This campaign will last from March 15 through June 30, 2008 to cover livestock insurance for the first half year of 2009. Herders who have been involved in this service in last three experimental years can conclude insurance contracts before June 10 to enjoy 10-percent discount. Last year, over 1,700 pastoral households involved their livestock of 130 thousand heads in the livestock indexed insurance. www.mongolia-web.com |
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Canada to open trade office in Ulaanbaatar |
Canada will open a permanent trade office in Mongolia to assist local Canadian businesses. Canadian firms have a reported $395 million in investments, including operating more than 20 mines. Canada is also Mongolia’s second largest investor. |