Could the Savings Bank case affect the reputation of Mongolia’s banking sector in the short term?
Mongolia
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Interviews & Viewpoints | OBG talks to Randolph Koppa, President, Trade & Development Bank from The Report: Mongolia 2014
Interviews & Viewpoints | OBG talks to Jim Dwyer, Executive Director, Business Council of Mongolia from The Report: Mongolia 2014
How might the new investment law affect foreign direct investment (FDI) in 2014? Is the new law enough to bring back investors’ confidence?
Interviews & Viewpoints | David Johnston, Canadian Governor General, on forging new connections from The Report: Mongolia 2014
Though separated by vast physical distance, Canadians and Mongolians are united by common bonds that transcend geography. This happy state of affairs was evident during my state visit to Mongolia in 2013, undertaken on the 40th anniversary of diplomatic relations between our two countries and the fifth anniversary of the opening of the Canadian...
Interviews & Viewpoints | David Beckstead, Foreign Legal Consultant, Lehman, Lee & Xu Mongolia, on building a stronger legal structure from The Report: Mongolia 2014
I am often asked by foreign investors about my perception of Mongolia’s economic prospects. In the short term, there are a number of hurdles that need to be overcome in order to improve the country’s legal framework and facilitate greater economic activity. Over the long run, however, there seems to be a strong political will to continue strengthening Mongolia’s legal...
Interviews & Viewpoints | Stephen Tricks, Consultant, Clyde & Co, on legal prospects for foreign investment from The Report: Mongolia 2013
Following two years of rapid expansion of foreign investment, the political and economic developments in Mongolia during 2012 have provoked much debate. Two topics on which many prospective investors seek guidance are the incoming government’s position on the Oyu Tolgoi investment agreement and the new Law on Foreign Investment in Sectors of...
Interviews & Viewpoints | Christian Pellone, Head of Tax, Ernst & Young Mongolia, on recent developments in corporate tax law from The Report: Mongolia 2013
The tax laws in Mongolia were updated to deal with the new market economy following the withdrawal of the former Soviet Union in the early 1990s. Today’s tax landscape is experiencing change as policymakers seek to protect strategic assets without deterring foreign investment. One area of recent focus has been double tax treaties, about which...