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2017 NAMBC AGM, April 27-28, includes former Presidential Chief of Staff, Finance Minister, Education Minister; BCM Chairman, former CEO/Erdenes Mongol LLC; senior officers of foreign mining investors plus analysts on Trump Asia policy; reserve hotel rooms by April 5

2017-03-15T18:02:50+00:00 March 15th, 2017|Categories: Home Page|

NAMBC Chairman Frank Herbert said yesterday that “we are delighted to confirm that P. Tsagaan, former Chief of Staff to President Ts. Elbegdorj, accepted our invitation” to address the 27th NAMBC Annual Meeting & Investors Forum, April 27-28, at the Residence Inn Pentagon City Arlington, adjacent to Washington’s Reagan National Airport. “Tsagaan was part of the team that advanced Mongolia’s peaceful democratic transition and subsequently has been a leader in Mongolian government, business and civil society for over a quarter century,” Herbert said. Tsagaan previously served as Finance Minister, Minister of Education and Culture and as CEO of several financial [...]

Canada-Mongolia FIPA investment accord in effect after ratification by Canadian Parliament, announced during PDAC; full text of agreement

2017-03-15T17:47:00+00:00 March 13th, 2017|Categories: Home Page|

On March 7, the Honourable François-Philippe Champagne, Canada's Minister of International Trade, met with His Excellency Tsedev Dashdorj, Mongolia’s Minister of Mining and Heavy Industry, on the sidelines of the annual convention of the Prospectors and Developers Association of Canada (PDAC) in Toronto to jointly announce that the long-awaited Canada-Mongolia Foreign Investment Promotion and Protection Agreement (FIPA) has entered into force, following its recent ratification by the Canadian Parliament. This agreement will lead to a more transparent and predictable regulatory environment for Canadian investors. It sets out a framework of legally binding rights and obligations that will protect Canadian investors in [...]

Colorado company Wagner Asia celebrates 20th anniversary in Mongolia with “20 Years, 20 Good Deeds” for its extended Mongolian family; full text of CSR report

2017-03-16T18:03:36+00:00 March 15th, 2017|Categories: Home Page|

Denver-based Wagner Asia, one of the earliest and currently the largest American investor in Mongolia, celebrated its 20th anniversary of establishment in Mongolia in 2016 with yet more good deeds as part of its continuing core commitment to corporate social responsibility and sustainability for its extended Mongolian family. A link to the full text of Wagner's CSR Report follows below. Best known as Caterpillar’s exclusive dealer in Mongolia and a major factor in mining expansion, Wagner Asia observed their anniversary by good deeds that included, for some examples: delivering winter food staples and supplies to 27 snowbound households of the [...]

US State Department issues annual global Human Rights Report for 2016; full text of Mongolia Country Report

2017-03-13T03:19:36+00:00 March 13th, 2017|Categories: Home Page|

The US State Department released its annual report to Congress on the state of human rights across the globe on March 3. The department has been mandated by Congress to annually report on all countries receiving assistance since 1961 and on all United Nations member states since 1974. A link to the full text of the Mongolia section follows below. The executive summary of the Mongolia country report included the following findings: "Parliamentary elections in 2016 and the presidential election in 2013 were generally free and fair, although observers expressed concern about late changes to the election law before the [...]

Mongolian Ambassador to Canada R. Altangerel honored by President Elbegdorj with highest diplomatic award

2017-03-13T03:21:54+00:00 March 13th, 2017|Categories: Home Page|

As part of the annual Tsagaan Sar honors list, President Ts. Elbegdorj bestowed the nation's highest diplomatic award on His Excellency Radnaabazar Altangerel, who has served as Mongolia's ambassador to Canada since May 2014. Ambassador Altangerel received the permanent life-time title of "Ambassador Extraordinary and Envoy Plenipotentiary of Mongolia." He will be a speaker the NAMBC's 27th Annual Meeting & Investors Forum on April 27 in Washington DC. Minister of Foreign Affairs Ts. Munkh-Orgil was similarly honored by the President; Munkh-Orgil previously served as Foreign Minister when Elbegdorj was Prime Minister, 2004-2006. President Elbegdorj noted that this year marks the [...]

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

2017-01-20T22:56:18+00:00 January 20th, 2017|Categories: Home Page|

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 Related to International Trade and Investment between the United States of America and Mongolia," the agreement will enter into force [...]

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

2017-01-10T05:20:29+00:00 January 10th, 2017|Categories: Home Page|

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 the ceremony. This event had special significance to Davaasuren, who served as Deputy Chief of Mission at the Mongolian Embassy [...]

Hogan Lovells supports Mongolian “Save the Children” chapter

2017-01-17T05:28:03+00:00 January 17th, 2017|Categories: Home Page|

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 of Hogan Lovells (Mongolia) LLP in Ulaanbaatar is managing partner Chris Melville, who is also a member of the NAMBC [...]

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

2017-01-17T05:25:06+00:00 January 17th, 2017|Categories: Home Page|

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 the economy and corruption and commit to working in the interest of all Mongolians.” For the full 41 page report [...]

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

2016-12-03T04:47:38+00:00 December 3rd, 2016|Categories: Home Page|

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 volunteered to transport the Orchestra delegation. The Orchestra is a member of the NAMBC. The Philadelphia Orchestra has agreed to [...]