United States-Mongolia Trade and Investment council’s meeting held in Washington

Oyundelger 2019-04-26 03:04

Politics

United States-Mongolia Trade and Investment Council convened in Washington, D.C., to discuss opportunities for promoting and expanding bilateral trade and investment.

The United States-Mongolia Trade and Investment Council convened in Washington, D.C., to discuss opportunities for promoting and expanding bilateral trade and investment. During the meeting, the United States and Mongolia welcomed the 31^st anniversary of diplomatic relations between the United States and Mongolia and took note of the Roadmap for Expanded Economic Partnership, which they endorsed in September 2018. The sides also highlighted the positive role that TIFA discussions can play in supporting Mongolia’s efforts to develop a prosperous market-based economy. The United States and Mongolia also discussed a range of bilateral trade and investment issues. Key issues included transparency, the investment climate, intellectual property rights protection and enforcement, trade in cashmere, the U.S. Generalized System of Preferences, trade facilitation, and trade promotion.