BCM Monthly Meeting June 30 – Recap - The monthly meeting of the Business Council of Mongolia on June 30, attended by 78 members and guests, began with Yo. Otgonbayar, Secretary General and Election Campaign Manager of the MPRP, explaining the election. He said the results were an expression of the people’s satisfaction with the Government’s performance, and their desire to give a clear mandate to one party to govern without hindrance.
William S. Infante of the Asia Foundation which sent observers to 178 polling stations in the provinces was certain that the entire polling process had been fair and free. People had exercised their choice without any obstacle. L. Sumati, Director, Sant Maral Foundation, expected the MPRP to govern with more authority now that it would not have to keep coalition partners happy.
Jim Dwyer reported that the induction of four new members since the last meeting – Petrovis, the Turkish Embassy, Nomads Tours & Expeditions, and Tsagaan Alt Wool -- had taken BCM’s strength to 105. The BCM website upgrade has been completed and a large portion of the site is now bi-lingual.
South Korean Ambassador J. Park said firms there were eager to invest in the mining and construction sectors in Mongolia but lack of local skilled labor was a constraint. Mongolia’s recent decision to import North Korean workers could also prove problematic.
Mark Minton, Ambassador of U.S. to Mongolia, “completely corroborated” that the election had been fair. Expressing the hope that the new Parliament and Government would resolve the uncertainties about foreign investment, he said he deplored various recent efforts in the US media to “misrepresent developments” in Mongolia. The Embassy is working on ways to facilitate easier grant of business visas for Mongolians.
With no meeting in July for Naadam, the next meeting has been fixed for August 25. It will be held with Alain Fontaine, CEO of Newcom, in the chair. He has succeeded Peter Morrow who was chairman of BCM and its predecessor firm, NAMBC-Mongolia, for 5 years.