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PM L.Oyun-Erdene apologizes to foreign investors www.montsame.mn

During the ‘Economy in the midst of the pandemic – Public-private-investors meeting’ which was held yesterday, marking the 200th day since the formation of the new government, Prime Minister of Mongolia L.Oyun-Erdene sincerely apologized on behalf of the Governments of Mongolia for all the uncertainties surrounding foreign investment over the past 30 years.
"The government will continue to take a very responsible approach to investment," he said. "As the Prime Minister, I promise to do my best to reflect on the past and start a new in the future."
He expressed that the President of Mongolia, the Speaker of the State Great Khural, and the Prime Minister have a united position on any matters.
“A working group set up by the Government is looking into the agreements reached with foreign investors in the past. I, hereby, announcing that the Mongolian government will take responsibility if any foreign investment, agreements, and mega projects are stalled due to the fault of the Mongolian side. This has also been announced during a meeting with the ambassadors.”


Published Date:2021-08-18