Executives of over 10 Major World Banking and Financial Institutions to Arrive in Mongolia

2023-07-06 10:46:46

Ulaanbaatar, July 7, 2023 /MONTSAME/. Mongolia Economic Forum-2023 will start this Sunday. Within the bounds of the "Years to Visit Mongolia,” the Forum will be held on the eve of the National Festival Naadam, on July 9-10.

Our country has been organizing the Economic Forum every year since 2010. In previous forumsonly internal solutions to economic problems were discussed, but this time it is more outwards-oriented inviting investors on a large scale, informed Minister of Economy and Development Ch. Khurelbaatar and Deputy Minister G. Tuvdendorj.

Around 1,700 guests and delegates have been registered to participate in the Mongolia Economic Forum-2023, of which 700 are from the private sector and scholars, and 500 are foreign investors and officials of the decision-making level.

Here are the executives, directors, and investors of more than 10 major international banking and financial institutions such as BlackRock, J.P. Morgan, and Goldman Sachs. World's leading media agencies such as CNN, Bloomberg, Al Jazeera, ABC News, and Financial Times will highlight this event. Therefore, he emphasized that our country should make good use of this opportunity when high-level officials participate in the Forum on a large scale.

Instead of discussing the previous issues, the Government of Mongolia will present the revival and reform activities and economic projects planned for implementation. In particular, foreigners will be informed of the legal and governance reforms of the investment and business environment.     

The Forum will provide a venue for investors to get the latest insight into economic developments in Mongolia, explore potential partnership opportunities for forthcoming projects, and engage in discussions with key policymakers. Moreover, other fresh topics, such as Mongolian role in the global supply chain, its participation in regional trade integration, and Mongolian potential to become a business center of the region, will be touched upon at the Forum.