The discussion took place in the first Development Cooperation Working Group (informal) in the framework of the Partnership and Cooperation Agreement (PCA) between the EU and Mongolia, which entered into force in 2017.
On development cooperation, the Parties:
The informal Development Cooperation Working Group will be followed by the EU-Mongolia Joint Committee on 3 December 2020 via videoconference. The Joint Committee (chaired alternately by the Minister of Foreign Affairs of Mongolia and the High Representative of the Union for Foreign Affairs and Security Policy) is entrusted to ensure the proper functioning of the PCA, set priorities in relation to its aims, and make recommendations for promoting the objectives of the agreement.
In 2017 the Partnership and Cooperation Agreement (PCA) between the EU and Mongolia entered into force. On development cooperation, the PCA commits the Parties to cooperate on sustainable development (economic, social, and environmental) and hold a regular dialogue on development cooperation, in line with their respective priorities and areas of mutual interest.
In 2014-2020 a total of EUR 139 million of EU development assistance in the form of grants was allocated for Mongolia. From this amount EUR 65 million have been part of the EU Multi-Annual Indicative Programme for Mongolia (2014-2020) on two focal sectors: “Governance of Revenues for Sustainable and Inclusive Growth” and “Support for Better Employment Opportunities”. Mongolia has benefited also from a range of thematic and regional EU programmes of a total of EUR 38 million in fields such as trade, sustainable consumption and production, as well as support to civil society and human rights. EUR 36 million grant support from the Asian Investment Facility for blended projects with European development banks in SMEs support, climate change and green energy.