North America-Mongolia business council meets

The 24th meeting of the North America-Mongolia Business Council was held on April 22-23 in Ottawa, Canada with the participation of Mr. O.Erdenebulgan, Deputy Minister of Mining of Mongolia, Ms. Susan Gregson, the Deputy Minister of Foreign Affairs, Trade and Development of Canada and Mr. Brian Ervin, representative of the U.S. Department of Commerce.

The meeting brought together about 50 business delegates and government officials from Mongolia, USA and Canada.

Mr Erdenebulgan delivered a key speech at the meeting, introducing the reform policy of the Government for Changes of Mongolia and its actions. He talked about reforms in the mining sector, a new policy towards foreign investment and sustainable environment as well.

Former Ambassador of the USA to Mongolia Ms Pamela J. H. Slutz gave a report concerning the present economic development of Mongolia; and former Ambassador of Canada to Mongolia Ms Anna Biolik reported about the Mongolia-Canada relations and cooperation.

The participants delivered reports and exchanged views on the commercial and economic cooperation between Mongolia and North America, investment opportunities and exploitation of mining and mineral resources.

Following the meeting, the Deputy Minister, Mr Erdenebulgan and SECOR consulting firm CEO Vindu Harris signed a cooperation memorandum between the Mongolian Mining Ministry and the SECOR.

In accordance with the document, the parties will collaborate in supporting sustainable development of the mining sector, improving professional skills of mining experts and sharing experience.