Media Advisory: National Press Club Newsmaker

WHEN:

Monday, December 9th, 10am-11am

WHERE:

The National Press Club, 529 14th Street, NW

The Zenger Room, 13th Floor              

WHO:

Mongolian Cabinet Minister Saikhanbileg Chimed

WHAT:

Mongolia sits on a vast amount of mineral wealth.  Mining and related infrastructure projects have drawn huge interest from the foreign investment community and accounted for the country's status as the fastest growing economy in the world in 2011 with a record 17.5 % growth. 

In October 2013, Mongolia's Parliament approved an investment law that ended different rules for domestic and foreign private investors.  This change marks a turning point for Mongolia and has been widely praised in the investment community. As the democratic anchor of the East with a growing population, fair elections and rule of law, Mongolia is poised for even greater success.

Minister Saikhanbileg's trip to Washington launches a new effort by the government called Invest Mongolia.  He will detail how the new legislation provides opportunities for foreign investment and additional partnership in his vast land that remains full of opportunity.

HOW:

The event is open to the media.

*This material is distributed by Venn Strategies LLC on behalf of the Government of Mongolia. Additional information is available at the Department of Justice, Washington, D.C.