Meeting held with Economic and Trade Division Head of U.S. Embassy

Politics
ayanzaya@montsame.gov.mn
2021-08-31 17:41:35

Ulaanbaatar/MONTSAME/. On August 30, Member of the State Great Khural, Chairman of the Subcommittee on Sustainable Development Ms. Kh.Bulgantuya held a meeting with Head of the Economic and Trade Division of the U.S. Embassy in Mongolia John Cheng.


Last week, Speaker of the State Great Khural G.Zandanshatar, MP Kh.Bulgantuya and other officials received representatives led by Deputy Chief of Mission of the U.S. Embassy in Mongolia Gregory May. Mr. John Cheng took part in the meeting and shared opinions on the progress of implementation and legal environment of Transparency Agreement in Matters Related to International Trade and Investment between Mongolia and the U.S. Upon the decision made during the meeting, MP Kh. Bulgantuya was set to lead a working group to support the implementation of the agreement.


MP Kh.Bulgantuya stressed the necessity of the legal reform within the framework of supporting implementation of the Transparency Agreement. For specifically, she introduced the importance of promoting foreign trade and improving the investment environment between the two countries by developing the English version of the https://lawmaker.parliament.mn to be drafted a bill and https://lawforum.parliament.mn to be submitted a proposal to bill  websites. This will allow not only Mongolian citizens but also foreign investors to express their views during the discussion of the draft law.


Mr. John Cheng expressed his support for the MP's proposal. He said that he would convey the proposal on cooperation, technical assistance and other issues during the meeting with members of the American Chamber of Commerce. The sides also exchanged views on current and further implementation of Transparency Agreement.

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