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Mongolia required to improve investment climate in order to utilize mineral resources

Deputy Mining Minister visits UK and Ireland

As part of the efforts to develop bills on mining stock exchange and sovereign wealth fund, MP, chair of parliamentary standing committee on education, culture, science, and sports G.Damdinnyam, MPs Kh.Bulgantuya and B.Purevdorj, and Deputy Minister of Mining and Heavy Industry O.Batnairamdal paid a visit to the United Kingdom of Great Britain and Northern Ireland and the Republic of Ireland on March 7-10.

Discussion takes place on setting up a sovereign wealth fund in Mongolia

On November 30, a discussion took place on a study carried out on efficiently developing the economy using mineral resources and setting up a sovereign wealth fund. Minister of Mining and Heavy Industry G.Yondon and Country Manager for World Bank Andrei Mikhnev gave opening remarks at the event.

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