US-Mongolia Transparency Agreement ratified at Washington on January 18, effective March 18; covers trade, FDI, bribery, corruption

More than three years after it was signed in September 2013 by US Trade Representative Michael Froman and then-Foreign Minister Lu. Bold, the US-Mongolia Transparency Agreement was finally ratified on Wednesday, January 18, at a Washington DC ceremony at which letters by Ambassador Froman and Mongolian Ambassador to the US Bulgaa Altangerel were exchanged certifying that both the US and Mongolia have completed their respective legal requirements to implement the agreement. Formally known as the "Agreement on Transparency in Matters [...]

January 20th, 2017|

Register now for Oyu Tolgoi LLC Supplier Forum in Ulaanbaatar, January 31

Another open Oyu Tolgoi LLC Supplier Forum will be held on Tuesday, January 31, 2017, at the Shangri-La Hotel in Ulaanbaatar. This forum is in furtherance of Oyu Tolgoi’s continuing commitment to building an in-country supply chain with a focus on Life of Mine goods/ services, covering both operations and underground development. This event follows the Oyu Tolgoi Underground Development Supplier Forum hosted by the company on November 4, 2015.  To register online, go to: http://ot.mn/welcome-to-oyu-tolgoi-supplier-s-forum-registration-page/  . If you have [...]

January 10th, 2017|

27th Annual NAMBC AGM & Investors Forum set for April 27-28, Washington DC; prospects under the Trump Administration

NAMBC Chairman Frank Herbert (President, Centerra Gold) has announced that the 27th Annual General Meeting & Investors Forum will be held April 27-28, 2017, at the Residence Inn Arlington Pentagon City, adjacent to Reagan National Airport in Washington DC. The second day, April 28, will feature door-knock meetings with US government officials and on Capitol Hill. The program will commemorate the 30th anniversary of US-Mongolia diplomatic relations by presenting program segments on future investment opportunities in Mongolia, prospects for US-Mongolia [...]

January 10th, 2017|

First class of 30 Mongolian “Leaders Advancing Democracy” (LEAD) Fellows appointed, will visit USA in January

The first class of 30 young Mongolian fellows has been competitively selected for the USAID-funded “Leaders Advancing Democracy” program (LEAD). The fellows had their first meeting at a Democratic Foundations Workshop, November 28-December 2, in Ulaanbaatar. They will visit the US in January for a three-week series of meetings, discussions and other events. In Washington, DC, and at the University of Virginia in Charlottesville, VA, they will take part in study sessions, site visits, discussions with advocates and policy makers, and [...]

January 10th, 2017|

US Embassy and Ministry of Foreign Affairs unveil logo for 30th anniversary of US-Mongolia diplomatic relations

On December 23, 2016, US Ambassador to Mongolia Jennifer Zimdahl Galt and State Secretary of the Ministry of Foreign Affairs D. Davaasuren unveiled the official logo for the 30th anniversary of US-Mongolia diplomatic relations. The US Embassy last year organized a competition to design the logo. Ch. Altangerel’s design was selected out of over 160 submissions. Altangerel’s logo will be featured throughout 2017 at programs and events marking the 30th anniversary. Altangerel joined Ambassador Galt and State Secretary Davaasuren at [...]

January 10th, 2017|

Hogan Lovells supports Mongolian “Save the Children” chapter

Pro bono legal advice is a part of NAMBC Member Hogan Lovells' comprehensive global Citizenship program. In Mongolia last year, as part of its pro-bono (i.e. free) service to the community, Hogan Lovells Mongolia assisted the national chapter of the “Save the Children” international NGO with technical legal review of the draft Law of Mongolia on Child Rights and the draft Law of Mongolia on Child Protection, which earned the law firm a special citation (see photo above). The head [...]

January 17th, 2017|

Post-election IRI-Global Affairs Canada poll shows high optimism and high expectations for new government and for future of Mongolian democracy

Despite the country’s continued economic crisis and public concerns about corruption, a nationwide survey of Mongolian voters released three months after the June 2016 elections shows that Mongolians have invested a great deal of faith in the new government and in their democratic system. Derek Luyten, Regional Director- Asia of the Washington-based International Republican Institute NGO, noted, “If the government is to sustain this goodwill, it will need to take effective action to address key issues of concern such as [...]

January 17th, 2017|

Jack Weatherford’s new book, Genghis Khan and the Quest for God, argues that the Great Khan pioneered freedom of religion, influenced the US First Amendment

Jack Weatherford, New York Times bestselling author of Genghis Khan and the Making of the Modern World, Indian Givers: How the Indians of the Americas Transformed the World, and The Secret History of the Mongol Queens, has delivered another thought-provoking and lively biography that discusses how Genghis harnessed the power of religion to rule the largest empire the world has ever known:  Genghis Khan and the Quest for God. The book is available through Amazon.com and Amazon.ca and in bookstores [...]

November 30th, 2016|

Philadelphia Orchestra sherpas visit Ulaanbaatar to plan visit in June 2017; open air concert in Sukhbaatar Square will celebrate 30th anniversary of US-Mongolia relations

The Philadelphia Orchestra’s two senior advisers on international programs visited Ulaanbaatar in October to finalize arrangements for the historic visit of the 100+ member orchestra to Mongolia in June 2017, which is supported by contributions from private sector companies, the US Department of State and the US Embassy.  Vladimir Petrovic and Ari Mittleman met with Ulaanbaatar Mayor S. Batbold, Deputy Mayor Sh. Ankhmaa, T. Tamir, CEO of MIAT Mongolian Airlines, US Ambassador Jennifer Z. Galt and others. MIAT has generously [...]

December 3rd, 2016|

2016 Investment Climate Statement issued by the US Embassy; link to full text of annual analysis

Prime Minister Erdenebat’s government appears to be addressing many of the issues listed in the US Embassy’s 2016 “Investment Climate Statement,” which was released this past summer after the June elections. As US Ambassador Jennifer Z. Galt stated in remarks on September 22, “The new government has acted quickly both to publicly define problems and to address them.” Ambassador Galt noted that “Government leaders have met with investors and vowed to correct missteps that contributed to Mongolia’s economic decline.”  This [...]

November 30th, 2016|

NAMBC Chairman Frank Herbert and board delegation meet with President, Parliament Chairman and Prime Minister

NAMBC Chairman Frank Herbert and a delegation of the NAMBC board of directors held meetings over a period of four days with senior Mongolian Government leaders in late October and came away cautiously optimistic about Mongolia’s economic recovery and the government’s commitment to welcome back foreign direct investment. Chairman Herbert said he was “impressed” with the sincerity of the government’s “renewed commitment to stability, consistency, and transparency.” Herbert also noted with approval  the extent of sharp official focus on moving forward [...]

December 3rd, 2016|

5.11 Tactical sponsors MMA and marksmanship competitions

NAMBC Member 5.11 Tactical – together with its Mongolian dealer, Brother Merchants LLC – recently sponsored the Mixed Martial Arts (MMA) match series between the Mongolian team, “MGL-1,” versus a Japanese team, “DEEP,” at the Mongolian Wrestling Stadium earlier this fall. Each team had seven fighters, including one woman. “MGL-1” was founded in 2009. MMA competitions have become increasingly popular among law enforcement and military personnel throughout Asia. 5.11 also regularly sponsors marksmanship competitions hosted by the Mongolian Practical Shooting [...]

November 30th, 2016|

James Peter Morrow, 1947 – 2016

James Peter ("Pete") Morrow was an international banker who arrived in Ulaanbaatar in 2000 on a temporary assignment to privatize a failing state-owned bank, and ended up staying for the rest of his life, making Mongolia his home, where he became a transformative leader in financial services, regulatory reform, civil society, transparency, education, and the arts. Pete died peacefully at the age of 68 on August 4 in a Seattle hospital, surrounded by his wife and children. Pete is survived [...]

August 8th, 2016|

President Elbegdorj to visit Philadelphia, September 23, speak at UPENN; other opportunities for public participation include luncheon and concert

President Ts. Elbegdorj will visit Philadelphia on Friday, September 23, after participating in the annual meeting of the UN General Assembly and related events in New York City. His visit is at the invitation of the Mayor and City Council of Philadelphia, home of Independence Hall where the Declaration of Independence and U.S. Constitution were debated and adopted, and the world-famous Philadelphia Orchestra , which will visit Mongolia for performances and workshops in early June 2017. The President will deliver [...]

August 4th, 2016|

In record-fast 8-day transition, Parliament swiftly elects M. Enkhbold as Chairman, J. Erdenebat as Prime Minister; S. Batbold confirmed as new mayor of UB

Within eight days of the June 29 elections, in the fastest post-election transition in Mongolia’s 26 years of democracy, President Ts. Elbegdorj approved the list of winning MPs, who were promptly sworn in and then proceeded to elect MPP Party Chairman M. Enkhbold as Chairman of the State Great Khural (parliament), and former Finance Minister J. Erdenebat as Prime Minister. Because of the upcoming 11th ASEM Summit in UB, existing cabinet members will continue to serve in an “acting” capacity. [...]

July 13th, 2016|

Mongolian People’s Party wins 85% majority of 76 seats in State Great Khural, 75% majority in Ulaanbaatar City Council, takes 20 of 21 provincial legislatures

In the June 29 parliamentary and aimag (provincial) elections, the Mongolian People's Party (MPP) decisively ousted the ruling Democratic Party (DP) by winning landslide super-majorities in the 76 member unicameral State Great Khural, and majorities in 20 of the 21 aimag legislatures, including the Ulaanbaatar City Khural. The MPP captured 65 of 76 seats in the State Great Khural (SGK), winning an 85% super-majority, the largest party majority since 2000, when the MPP won 72 of 76 seats. Many of [...]

July 4th, 2016|