Mongolia, known worldwide for its finest cashmere and unique nomadic culture, has approved the National MNS 6926:2021 - Standard for Sustainable Textile Production, in line with key government policies, including the country’s long-term development policy Vision 2050 and the 2030 Global Agenda for Sustainable Development. Furthermore, the National Standard indicators are in line with international standards, boosting the competitiveness of sustainably produced Mongolian genuine wool and cashmere products in foreign markets. The National Standard was officially approved by the Textile Technical Committee of the Mongolian Agency for Standardization and Metrology, with the main objective to make the textile sector environmentally friendly, socially responsible and ethical. It covers a wide range of issues such as the rational use of natural resources, energy consumption, the use of chemicals, industrial waste, social responsibility, labor protection, and animal rights.
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Busi participates in Italy-Mongolia project
Company gets involved in the Italy-Mongolia Textile Technology Training Center with leading educational establishment PISIE.
24th May 2021
Leading Italian socks knitting machine manufacturer Busi Giovanni is participating in a new industrial project in distant Mongolia, along with PISIE (Politecnico Internazionale per lo Sviluppo Industriale ed Economico, Italy), in the Italy-Mongolia Textile Technology Training Center.
“This is to continue its mission strongly aimed at strict cooperation with Universities for industrial projects as well as research and development of new products,” Busi explained in a statement.
Launching the project, ACIMIT (Association of Italian Textile Machinery Manufacturers) recently organized a webinar, which Busi participated in alongside other Italian suppliers, with a presentation by the company’s Commercial & Marketing Director, Paola Claudia Baldracchi.
Ulaanbaatar, March 12, 2021
The U.S. Embassy hosted a discussion on an independent comprehensive study funded by the U.S. Agency for International Development (USAID) on Mongolia’s cashmere sector.
While Mongolia accounts for approximately 40 percent of the world’s cashmere production, nearly all of that (94 percent) is exported, in either raw or minimally processed form. By not processing the cashmere before it departs Mongolia, other countries benefit from adding value by combing, washing, dying, spinning and sewing the final product, creating jobs for its citizens. Processing cashmere in other countries also allows them to blend inferior cashmere with high quality Mongolian cashmere, while still labeling it as Mongolian.