S.Byambatsogt, a Member of Parliament and Chief of the Mongolian People’s Party (MPP) Group exchanged opinions with Regional Representatives of the Inner Mongolia Autonomy. The delegation was headed by the director of the Chamber of Commerce. During the meeting they discussed investment and business partnerships. Mr . Byambatsogt is also as a chief of the Mongolia-China Business Consultation Group.
Mr Byambatsogt said, we are ready to cooperate in many ways, for example: becoming a bridge between private and public sector entities on both sides, and also in cooperating in mining, renewable energy, construction materials, agriculture, as well the agro-processing of raw materials from live stock.
The headquarters of the Chamber of Commerce is in the city of Hohhot, (KhulunBuir, Alshaa Aimag). The Chamber recently participated in the “Mongolia, Inner Mongolian and Chinese Investments Forum” which took place on 8th-9th June in Ulaanbaatar. The purpose of this current meeting is to introduce future policies and improve the business environment. This is the second time the group is convening this year. During the meeting, 19 Memoranda of Understanding (MoU) and contracts were signed – the total value being USD 419 million between 38 companies.