Tuesday, July 1, 2025

Mongolia Investor-Friendly Commitment Drives Reform

Date:

Prime Minister Zandanshatar Gombojav addressed diplomats, investors, and international partners in Ulaanbaatar. During the meeting, he strongly reaffirmed Mongolia’s investor-friendly commitment, especially as global uncertainty continues to impact emerging economies.

To begin, he acknowledged the ongoing global challenges. Political tensions and economic instability have created obstacles for development. However, Zandanshatar emphasized that Mongolia remains determined to stay on a steady course.

Therefore, the government is implementing targeted reforms. These include reducing public spending, restructuring government operations, and adjusting to falling commodity prices. As a result, Mongolia aims to protect its economy while ensuring long-term growth.

Moreover, the Prime Minister stressed transparency and fairness as central to Mongolia’s approach. He reiterated that the country’s investor-friendly commitment guides its efforts to attract and retain foreign investment.

In addition, he noted the importance of mutual benefit. Mongolia, he said, will create policies that support citizens, businesses, and international investors equally. To achieve this, the government will deepen cooperation with the private sector and build stronger public-private partnerships.

Furthermore, Zandanshatar highlighted Mongolia’s growing international role. Last month, the country successfully hosted a major climate and security conference. Looking ahead, he encouraged active participation in the Mongolia Economic Forum and the World Women Entrepreneurs Forum, both scheduled in Ulaanbaatar.

Likewise, he emphasized the role of open dialogue and cooperation in navigating future challenges. According to him, progress depends on unity, mutual trust, and shared values.

Throughout his remarks, the Prime Minister returned to the idea of an investor-friendly commitment. He explained that Mongolia will work diligently to protect investor interests, improve its legal frameworks, and strengthen institutional accountability.

In conclusion, Zandanshatar urged all partners to remain focused on peace and development. With continued collaboration, Mongolia can offer a secure and welcoming environment for investors worldwide.

Ultimately, the Prime Minister’s speech reinforced a clear message: Mongolia’s investor-friendly commitment will remain a foundation for future growth, regional cooperation, and international trust.

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