Helping Japan invest in Mongolia - News.MN

Helping Japan invest in Mongolia

Old News! Published on: 2018.12.14

Helping Japan invest in Mongolia

U.Khurelsukh Prime Minister of Mongolia met with the Chairman of the Japan External Trade Organization (JETRO) Hiroyuki Ishige in Tokyo on Thursday. During the meeting, the implementation of the Mongolia-Japan Economic Partnership Agreement was discussed.

Chairman Ishige said training of Mongolian engineers in Japan is a priority matter. As of 2017, the number of Mongolian students studying in Japan was 2,517, which is a big number considering the nation’s population. In addition, he stressed that Japanese enterprises face some difficulties while doing business in Mongolia.

Prime Minister U.Khurelsukh said that the Mongolian government pays huge attention to the protection of investors’ interests. To help facilitate this and overcome the problems that have been encountered in the past, Mongolia is working to establish a Trade Representation in Tokyo; this will provide Japanese investors with comprehensive investment information and create more favorable conditions for doing business.

Prime Minister Khurelsukh expressed willingness to cooperate closely with JETRO on the implementation and improvement of the Economic Partnership Agreement, which took effect in June 2016.

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