Welcome to the NAMBC homepage!




Welcome to the North America-Mongolia Business Council

8th Annual Investors Conference & Prime Minister's Roundtable

Chinngis Khan Hotel -- Ulaanbaatar, September 11-13

Deadline for discount hotel reservations is August 22

Registration form

REGISTER NOW FOR INVESTORS CONFERENCE & PRIME MINISTER'S ROUNDTABLE -- The Chairman, Officers and Board of Directors of the NAMBC cordially invite you to participate in our 8th Annual Investors Conference and Prime Minister's Roundtable in Ulaanbaatar at the Chinngis Khan Hotel, September 11-13, 2005.

Registration deadline is September 1, after which a late registration fee will be assessed. A 3% discount is available to persons registering and remitting before August 10 (see below).

AUGUST 22 is the last day to make guaranteed discount room reservations at the Chinngis Khan Hotel; please see below for details.

-- The following program is subject to change. All meetings are at the Chinngis Khan Hotel unless otherwise specified.

Sunday, September 11

3:00 PM to 5:45 PM -- Registration desk at lobby/Chinngis Khan Hotel
5:40 PM -- Buses depart from CK Hotel for opening reception; buses will return to the CK Hotel following the reception
6:00 to 8:00 PM -- Opening reception at the Mongolian National Museum of Modern Art; entertainment provided by the Arts Council of Mongolia

Monday, September 12

8:30 AM -- Breakfast Session -- Address by the Honorable Pamela Slutz, US Ambassador to Mongolia
9:45 AM to 12:30 PM -- 1st Business Session -- Panel on "State of the Business, Trade and Investment Environment in Mongolia"; speakers & panelists to be announced
12:30 PM to 2:15 PM -- Luncheon Session -- Speaker to be announced

AFTERNOON -- Free -- NOTE: A meeting with Mongolian President N. Enkhbayar at Government House may be scheduled for this afternoon or the afternoon of September 13. Bus transportation will be provided.
5:30 PM -- Buses depart for Bumbat Resort for dinner in the countryside and will return to the CK Hotel after dinner
6:00 PM to 9:30 PM -- Reception and traditional dinner, Bumbat Resort,; Speaker to be announced

Tuesday, September 13

9:00 AM to 12:30 PM -- Second Business Session -- Panels on "Alternative Views on What Mongolia Needs to Do" featuring leaders of all major political parties, and "New Ventures, New Opportunities", featuring a variety of NGO and entrepreneurial presenters; panelists and speakers to be announced

AFTERNOON -- Free -- -- NOTE: A meeting with Mongolian President N. Enkhbayar at Government House may be scheduled for this afternoon or the afternoon of September 13. Bus transportation will be provided.
5:45 PM -- Buses depart CK Hotel for Ikh Tenger and will return to CK Hotel after the reception
6:15 PM to 8:30 PM -- Private roundtable discussion with Prime Minister Ts. Elbegdorj followed by a farewell reception tendered by the Prime Minister in honor of the delegates to the Investors Conference.

REGISTRATION FEES AND DISCOUNTS-- Registration fees for September 11-13 include conference attendance and materials, three receptions, one breakfast, one lunch, one dinner and all transportation to conference events within Ulaanbaatar. Registration fees do not include hotel rooms, international airfare, airport transfer, or other meals.

The deadline for receiving registration fees and forms is September 1, after which there is a USD$50 late registration fee. Registrants submitting forms AND fees by August 10 may deduct 3% from the registration fee in any category.

For Voting and Non-Voting Members of the NAMBC ONLY who register a first delegate at the full registration fee in that category, the registration fee is discounted 40% for the second and any additional delegates from the same company/organization. This discount is NOT available to non-members nor to persons registering in any other categories.

Non Members/Individuals	USD$600 per person
North American Voting Member of NAMBC, Mongolia Society or Canada-China Business Council	USD$480 per person
Mongolian Voting and Non-Voting Members of NAMBC	USD$300 per person
Non-Member Mongolian citizens/Mongolian companies	USD$350
Non-Profit Organizations/Government/International Organizations	USD$290
University student enrolled full-time	USD$80

PAYMENT OF REGISTRATION FEES -- Remittance may be made (1) by a check drawn on a US in US dollars sent to NAMBC, 1015 Duke Street, Alexandria, VA 22314-3551 USA OR (2) by bank wire transfer to the NAMBC account in the US OR (3) by bank wire transfer to the NAMBC account at the Khan Bank in Ulaanbaatar.

For wire instructions to the NAMBC account in the US, contact [email protected] all wire transfer payments to our USA account from a bank outside the US, please add USD$15 to cover the cost of bank processing on the receiving end.

For wire transfers to our Khan Bank account in UB, contact our UB Office Manager, Bolor, at
[email protected] No additional wire transfer fees are required.

MAKE YOUR HOTEL RESERVATIONS DIRECTLY -- Be sure to mention that you are with the NAMBC group when reserving rooms at the Chinngis Khan Hotel. Advance deposits are not necessary, but the deadline is Aug 22. After that date, reservations will be handled on a space-available basis but if there are still rooms available, you still get the NAMBC discount.

To make reservations, contact Ms. TUYA/Reservation staff at Chinngis Khan Hotel in UB:

Tel: +976-11-313380
Fax: +976-11-312788
E-mail: [email protected]
URL: www.chinggis-hotel.com

These discounted rates includes VAT and Breakfast.

Room Type	Regular Rate	NAMBC Special Rate
Standard Single	$87 single $113 double	$79 single $101 double
Standard Twin	$87 single $124 double	$79 single $112 double
Semiluxe Room	$124 single $149 double	$112 single $135 double
Deluxe Room	$186	$ 169
Presidential Room	$ 347	$ 314

US Ambassador Pam Slutz cuts the ribbon to open
new NAMBC office in Ulaanbaatar;
13th AGM in Washington, DC, elects first Mongolian citizen as member of Board of Directors

US Ambassador Pamela Slutz cut the ribbon on December 12 to open the NAMBC's new permanent Ulaanbaatar office on Peace Avenue near Amarsanaagiin Street. She shared ribbon-cutting duties at the opening ceremony with NAMBC Vice Chairman Pete Morrow and SOCO General Manager Bob Vachon. In attendance were local NAMBC leaders including Jim Dwyer, Doug McGay, Ron Zeidel, and Badral Yondon, several Mongolian officials and a hallway filled with newspaper, TV and radio reporters.

Meanwhile, at the NAMBC's 13th annual general meeting in Washington, DC, December 7-9, delegates elected Mr. J. Od, President of MCS Holding Company, as the first Mongolian citizen to serve on the Board of Directors. Od, a former Foreign Policy Advisor to two Mongolian Prime Ministers, took the seat vacated by the retirement of Mike Nikkel of AES.

Chairman Jalsa Urubshurow and other officers and directors were reelected. The AGM's theme was "Towards a US-Mongolia FTA." The Mongolian government was ably and articulately represented by the Honorable Ts. Dashdorj, MP, a mining engineer who serves on the Ikh Hural's Standing Committee on Economic Policy, and Mr. D. Galsandorj, Director of Trade Policy & International Cooperation at the Ministry of Industry & Trade, who will be coordinating his ministry's role in the development of an FTA. Mongolian Ambassador to the US Ravdan Bold also spoke and personally hosted a reception in honor of the AGM delgates at the Mongolian Embassy, one of the highlights of the 3-day meeting. Other AGM speakers included Assistant Secretary of State Jim Kelly, Deputy Assistant USTR Charles Freeman, Washington lobbyist Mike Mitchell of Orion Strategies and three former US Ambassadors to Mongolia -- John Dinger, Joe Lake and Al La Porta.

The new UB office space and the services of Ms. Bolor, the new office manager, were donated by SOCO International. Office furnishings, equipment, signage and supplies were contributed by Wagner Asia, Magic Suit Company, Anod Bank, Santis Educational Services, Ag Bank and SOCO. At the opening ceremony Ambassador Slutz commented, "I am delighted that the North America Mongolia Business Group is opening an office in Ulaanbaatar. This office will become a center for improving the business and investment climate here. We are proud to share in this event and look forward to fruitful cooperation.

" The NAMBC is chaired by Jalsa Urubshurow, a Mongolian-American, one of the Council's original founders in 1990 and CEO of Nomadic Expeditions. Urubshurow said the new office is "both a symbol and a manifestation of the strong commitment to Mongolia and confidence in Mongolia shared by Canadian and American investors.

" NAMBC Vice Chairman Ed Story, CEO of SOCO International, the largest single investor in Mongolia, called the office opening "a big step forward that shortens the distances between Ulaanbaatar, Ottawa and Washington.

" Steve Saunders, president of the NAMBC, commented, "One reason we set up this office is because the Mongolian Government is the most accessible government in Asia, with leaders who sincerely encourage two-way dialogue with the foreign business community. This office will help expand that dialogue."

"NAMBC is an organization of both foreign and Mongolian businesses that strongly advocates for increased trade and investment in Mongolia," said Pete Morrow, CEO of the Agricultural Bank, who heads the NAMBC's local activities in Mongolia. "This new office will coordinate our many efforts to work with the Government and the public for improved policies that translate into jobs and economic growth." The local office of the NAMBC has organized Working Groups on Mining, Business Climate and the US-Mongolia FTA. The UB-based NAMBC meets monthly. For details on the Working Groups, contact Pete Morrow, [email protected]; on the monthly meetings, contact Doug McGay, [email protected] Several Mongolian companies have recently joined the NAMBC as voting members, including Capital Bank, Agricultural Bank, Anod Bank, the Institute of Finance and Economics, Star-Melchers and MCS Holding Company. North American Members include SOCO Oil, Wagner Asia, Nomadic Expeditions, Coca Cola Company, Boeing, Caterpillar, Ivanhoe Mines, Cameco, International Uranium, the Asia Foundation, Gallant Minerals and others with business interests in Mongolia.

US Ambassador Pam Slutz and Vice Chairman Pete Morrow at entrance to new NAMBC office in UB

Mark Tokola, DCM at US Embassy/UB, SOCO Mongolia chief Bob Vachon, Ag Bank CEO Pete Morrow and US Ambassador Pam Slutz toast the NAMBC office opening

UB Coordinating Committee members Doug McGay and Bob Vachon await ribbon cutting

Bolorsuvd Tuya is new manager of NAMBC-UB office

Express your opinion at www.open-government.mn on draft legislation from the Prime Minister's Office