- Our journalist S.Odbayar reporting from Mongolian Economic Forum 2015 -
The opening ceremony of the second day of MEF 2015 started with the song from the Khukh Mongol ensemble under the Children's Palace of Mongolia.
President is welcomed by the moderator of the MEF Dolgion, CEO of Bloomberg TV Mongolia.
President expressed his impressions on the MEF 2015 as being organized with wide range of topics and concluded on the discussions of the first day of the MEF 2015. Second day is expected to focus more on the local development, discussions are lined up on import and export situation of Mongolia, tourism issues and legal environment touching the aspects of arbitration, dispute settlement, trade and industrial development and Ulaanbaatar city development strategy.
President also emphasized the importance of this forum as being one of the main events of the year to get directions in every aspect of economy and that MEF has become the tradition now. This is the most important routine today as we are learning to negotiate and make discussions on a professional level.
President further calls on thinking positively and to carry optimistic thoughts and each citizen to cherish Mongolia, support wealth creators, side with the ones who strive for development of Mongolia.
President is inclined to criticize the protests against the ones who are doing and willing to drive the economic development and once again calls for the Mongolian citizens to support the national businesses, partnerships and investors.
Further President points main five directions to focus on:
- Develop the stock exchange. Make it possible for businesses to freely operate on MSE, more IPOs for domestic companies, open doors to double listings.
- Mongolia is a landlocked country and therefore Mongolia needs to advance air transport and called on introducing the healthy competition instead of closing each other's business opportunities and suggests to improve the inflow of the traffic into Mongolia and cooperate with international.
- Let Mongolia take leading position with one asset we have, which is the land. Why the land that we have cannot be put into economic cycle? Land of Mongolia should be property of Mongolian citizen. The land use by foreign entities or individuals should be regulated with separate laws and regulations. We need to make decisions right now and we shouldn't be talking about land issues at the MEF 2016.
- Purchasing and procurement bids need to be run among the domestic entities to support domestic manufactures. In this regard, government has established new Ministry of Industry, which was total new experience for Mongolia and present has ordered the decree to support the manufactures and industry in Mongolia.
- Economic downturn is not the terminal disease, thus cycle will end and the better times should come. We have an advantage now that we are discussing our issues and talking about the problems. During the economic downturn countries focus on start-up businesses, so the need comes to us.
- Our journalist S.Odbayar reporting from Mongolian Economic Forum 2015 -
The opening ceremony of the second day of MEF 2015 started with the song from the Khukh Mongol ensemble under the Children's Palace of Mongolia.
President is welcomed by the moderator of the MEF Dolgion, CEO of Bloomberg TV Mongolia.
President expressed his impressions on the MEF 2015 as being organized with wide range of topics and concluded on the discussions of the first day of the MEF 2015. Second day is expected to focus more on the local development, discussions are lined up on import and export situation of Mongolia, tourism issues and legal environment touching the aspects of arbitration, dispute settlement, trade and industrial development and Ulaanbaatar city development strategy.
President also emphasized the importance of this forum as being one of the main events of the year to get directions in every aspect of economy and that MEF has become the tradition now. This is the most important routine today as we are learning to negotiate and make discussions on a professional level.
President further calls on thinking positively and to carry optimistic thoughts and each citizen to cherish Mongolia, support wealth creators, side with the ones who strive for development of Mongolia.
President is inclined to criticize the protests against the ones who are doing and willing to drive the economic development and once again calls for the Mongolian citizens to support the national businesses, partnerships and investors.
Further President points main five directions to focus on:
- Develop the stock exchange. Make it possible for businesses to freely operate on MSE, more IPOs for domestic companies, open doors to double listings.
- Mongolia is a landlocked country and therefore Mongolia needs to advance air transport and called on introducing the healthy competition instead of closing each other's business opportunities and suggests to improve the inflow of the traffic into Mongolia and cooperate with international.
- Let Mongolia take leading position with one asset we have, which is the land. Why the land that we have cannot be put into economic cycle? Land of Mongolia should be property of Mongolian citizen. The land use by foreign entities or individuals should be regulated with separate laws and regulations. We need to make decisions right now and we shouldn't be talking about land issues at the MEF 2016.
- Purchasing and procurement bids need to be run among the domestic entities to support domestic manufactures. In this regard, government has established new Ministry of Industry, which was total new experience for Mongolia and present has ordered the decree to support the manufactures and industry in Mongolia.
- Economic downturn is not the terminal disease, thus cycle will end and the better times should come. We have an advantage now that we are discussing our issues and talking about the problems. During the economic downturn countries focus on start-up businesses, so the need comes to us.