Batbold speaks at Canada-Mongolia Investors’ Forum, visits Toronto Stock Exchange

An
important item on the agenda of Prime Minister S.Batbold’s week-long visit to Canada
was a visit to the Canada-Mongolia Investors” Forum on September 30 in Toronto.
Representatives of many of the biggest companies of the country, particularly mining
giants like Riо Tinto, Centerra Gold, SouthGobi Resources, and Ivanhoe Mines –
all of which are active in Mongolia – welcomed him to the forum.

Batbold
spoke of the investor-friendly environment and laws in Mongolia and asserted
that the present coalition government’s policy was to install an open and
sustainable regime where business would thrive.

The Premier also visited the Toronto Stock
Exchange (TSE), the largest of its kind in North America, with 1,419 mining
companies alone registered with it. Senior officials told him that 19 mining
companies registered at the TSE work in Mongolia. When Batbold expressed
Mongolia’s desire to study closely how the TSE worked, these officials said
they would be happy to develop a comprehensive relationship of cooperation with
the Mongolian Stock Exchange.