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Incentive for wool supply set at less than a dollar
The Government of Mongolia will grant monetary incentives to members of herder cooperatives and citizens with livestock when they supply wool of sheep and camel to national factories.
This action has brought many positive results, including growth of herders’ income, production capacity of factories, jobs and number of herders to turn in wool of sheep and camel and so on. Moreover, a large number of wool and other raw material processing factories that have been newly built have increased their production of value-added wool products.
Cashmere forum suggests to establish joint high capacity plant
The importance of developing joint strategies for the global market while pointing out that Mongolia and China are big suppliers that account for around 90 percent of the global cashmere production.
‘Sustainable development of cashmere industry on the world market – Pursuing mutually beneficial cooperation’, ‘Supply chain and sustainability’, ‘Reform of Mongolia’s cashmere industry and opportunities for cooperation’, and ‘Export—import analysis of cashmere products’, as well as the issues regarding environmentally friendly cashmere production and the current state and further development of bilateral cashmere cooperation.
(Source: Mongol messenger)
Global brands and manufacturers show interest in Mongolian cashmere
A Cashmere Story in Mongolia
A Cashmere Story in Mongolia
As the title suggests, this is a story about cashmere. More specifically this a story about the dilemma faced by nomadic herders caught between their reliance on cashmere and the impacts of climate change and overgrazing on the fragile grasslands of Mongolia. Three herders from the North Gobi region of Bayankhongor Province narrate the changes they have witnessed to their environment, how global demand and volatile cashmere prices have changed herding practices and what they think has to be done to ensure their income and environment.
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