During the current time of economic difficulty, the Government has found a way to solve one of the ASEM car issues; “Monnis Motors” has offered to provide their vehicles for the international summit free of charge! The government, from its side, will exempt the Monnis cars from custom tax and VAT. This is generally being seen as a good all-round solution.
“Monnis Motors” CEO P.Bayar has said: “Providing our cars for ASEM is such an honor to us. From one point of view, we are really excited that we can represent Mongolia with safe, comfortable and luxurious “Nissan” cars. Our vehicles will be provided free of charge for the duration of ASEM. From another angle, exempting these cars from taxation will bring us benefits for next few years. This will enable us to sell the vehicles without the taxation markup. Therefore, this venture is beneficial in every respect”.