AmCham Mongolia Promotes a Safe and Environmentally-friendly Auto and Machinery Industry in Mongolia
ULAANBAATAR – The American Chamber of Commerce (AmCham) in Mongolia’s Auto and Machinery Committee members met with the senior officials of the Ministry of Road and Transport Development on Thursday, October 27, 2016, to present AmCham’s Position Paper on the Auto and Machinery Industry in Mongolia, and to discuss further cooperation between the Ministry and AmCham.
The paper emphasized and identified priority policy issues relevant to the auto and machinery industry, as well as short and mid-term policy solutions based on emerging international experience promoting a safe and environmentally-friendly auto and machinery industry in Mongolia. In particular, the paper addressed improving road safety by limiting and eventually banning the import of right-hand drive (RHD) vehicles, encouraging the import of left-hand drive (LHD) vehicles, introducing universal emission standards for vehicles; and addressing the issue of low quality diesel fuel in Mongolia, which is incompatible with modern Euro 5+ engines.
AmCham Mongolia continuously promotes the further development of a free-market economy in Mongolia and the issues and solutions presented in the Position Paper are poised to play a significant role in advancing the development of the auto and machinery industry of Mongolia. AmCham Mongolia and its members are eager to support the government to the extent possible in addressing these challenging issues by providing expert views and international expertise through highly effective mediums, such as public-private dialogue to discuss solutions to the challenges that industries face.
Garrett Wilson, Chairman of AmCham’s Auto and Machinery Committee, said during the meeting between AmCham and the Ministry of Road and Transport Development, “As representatives of the business community, we encourage the government to make some difficult choices which may cause short-term controversy but will help create long-term economic and environmental sustainability. We look forward to working as partners from the public sector to help insure actions are implemented.”
About AmCham Mongolia
The American Chamber of Commerce (AmCham) in Mongolia is an independent membership-driven organization that seeks to build, strengthen, and protect business between the United States and Mongolia and to actively promote Mongolia as a destination for American investment. AmCham Mongolia is accredited by the U.S. Chamber of Commerce as its official affiliate in Mongolia. Based in Washington, DC, the U.S. Chamber of Commerce is the largest business federation in the world with over 3 million member companies. AmCham Mongolia is also a member of the Asia Pacific Council of American Chamber of Commerce, consisting of 29 American Chambers of Commerce in the Asia Pacific Region.