AmCham convened a meeting with His Excellency Gombojav Zandanshatar, Minister and Chief of Cabinet Secretariat and the private sector
ULAANBAATAR, Mongolia – The American Chamber of Commerce (AmCham) in Mongolia hosted its January Monthly Meeting with Gombojav Zandanshatar, Minister and Chief of the Cabinet Secretariat, on Tuesday, January 23, at Shangri-La Hotel Ulaanbaatar.
The meeting convened representations from AmCham member organizations, Cabinet Secretariat, The Ministry of Finance, The Ministry of Foreign Affairs, the Ministry of Justice and Internal Affairs and other government organizations and national and international businesses. The meeting’s attendees exchanged views on issues affecting the business community and Minister Zandanshatar provided updates on key legal reforms and actions of the Mongolian government to bolster private sector development and promote investment in Mongolia. The meeting also included a comprehensive Q&A session on key topics of interest.
In his keynote address, while speaking about attracting foreign investment and building favorable business opportunities, Minister Zandanshatar emphasized: “One of priority policy interventions of the Mongolian government is to closely cooperate with national and foreign investors in order to come to a mutually beneficial solution. The trust and commitment of foreign investors can be recovered on the basis of a common vision and cooperation between government organizations at all levels. In the future, the Government of Mongolia, in order to take on its policy support to ensure a sustainable legal environment and support and protect investors’ rights, will strive to expand its partnership and cooperation with other government and non-governmental organizations, the international community, and embassy representatives.”
Chairman of AmCham Mongolia Mr. Steve Potter delivered the meeting’s opening remarks and stated, “We would like to take this opportunity to congratulate the Cabinet on its first 100 days in office, and we appreciate the government’s efforts and commitment to Mongolia’s recovery from its economic crisis and its efforts to regain foreign investor confidence. We are delighted to have a constructive and insightful discussion and to hear updates on key legal reforms and Mongolia’s plans to bolster private sector development and promote foreign investment.”
About AmCham Mongolia
AmCham 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 the official local affiliate of the U.S. Chamber of Commerce, 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 Chambers of Commerce, consisting of 29 American Chambers of Commerce in the Asia-Pacific region.