Prime Minister’s Visit: Mongolia Values Long-term, Effective, and Consistent Partnership www.montsame.mn
As part of the Official Visit, Prime Minister L. Oyun-Erdene attended the “Mongolia-China Trade and Economic Cooperation” Forum, which was jointly organized by the Mongolian National Chamber of Commerce and Industry and the China Council for the Promotion of International Trade in Beijing, and delivered the opening remarks.
In his opening remarks, Prime Minister L. Oyun-Erdene said, "In pursuit of the principle of being a 'Trustworthy, Reliable, and Long-Term Partner,' the Government of Mongolia has been carrying out legislative and institutional reforms to protect the interests of investors and improve the investment environment. There are over 7500 companies with Chinese investment in Mongolia. The Ministry of Economy and Development, along with the Foreign Investment Agency under this Ministry, has been established to gather complaints from investors, register them online, and promptly resolve the issues. All of these commitments aim to make the Mongolian investment policy clear and consistent." Lastly, the Prime Minister stated that the Government of Mongolia is ready to maintain mutually beneficial cooperation with investors in large development projects, valuing the long-term partnership.
The focus of the Prime Minister's official visit lies not only in the political sphere but also in elevating cooperation among investors, enterprises, and business communities to a new level. Within the scope of this focus, the Prime Minister held meetings with managements of Chinese state-owned companies, such as China Energy, China National Offshore Oil Corporation, Power China, China State Construction Group, and Norinco, to discuss the improvement of the Mongolian investment environment and maintenance of the long-term cooperation.
Published Date:2023-07-02