Ulaanbaatar
AmCham Mongolia Doorknock 2022 concludes successfully in Ulaanbaatar
Economy
Ulaanbaatar/MONTSAME/. The American Chamber of Commerce in Mongolia
(AmCham Mongolia) successfully hosted Doorknock 2022 on June 21-23, 2022, with
foreign and domestic investors, organized in collaboration with the U.S.
Embassy in Ulaanbaatar. The delegation met with representatives of the Government of Mongolia and top government agencies to exchange
opinions and notes.
AmCham’s Doorknock is an annual event for Mongolian delegations to meet
with policymakers to discuss investment, exchange opinions, and engage in dialogue. This year, the Doorknock was
held in Mongolia instead of the United States for the first time. Over the
course of three days, the delegation visited several key government bodies and
officials, including the Office of the President, the Prime Minister's Cabinet,
the Office of the Speaker of Parliament, Members of Parliament, the Ministry of
Foreign Affairs, Ministry of Justice and Home Affairs, Ministry of Finance,
Ministry of Road and Transportation Development, Ministry of Economic
Development, Ministry of Mining and Heavy Industry, as well as representatives
of the Judicial General Council.
The meetings addressed vital issues facing the private
sector, such as restoring and increasing investor confidence, improving
the business environment,
boosting the economy, eradicating bureaucracy, and legislative changes that
need urgent attention to facilitate reforms. Every appointment was positively
received and attended by representatives of AmCham member companies, including Badrakh Energy, Cummins, Melville &
Erdenedalai LLP, MSM, Monpolymet, Rio Tinto, and the U.S. Embassy in Mongolia.
A summarized list of reformative actions, titled ‘3 Pillars for Positive Change’, was introduced and delivered, outlining the following key issues:
I. Re-aligning toward a free-market economy driven by private-sector entrepreneurs and enterprises
II.
Reforming the business
and investment environment
III.
Prioritizing greater commerce
and trade integration with the U.S. and third neighbors
The government agencies that met with the Doorknock
delegation welcomed the document and its
attention to priority issues.
AmCham is committed to continuing its dialogue with all stakeholders to improve the investment
climate in Mongolia.
Source: amcham.mn
