Bylaws of the Assistance Fund for Mongolian citizens living abroad revised

The American Chamber of Commerce in Mongolia

2018-06-21 16:49 GMT+8

On June 20, Cabinet approved revisions to the bylaws of the Assistance Fund for Mongolian citizens living abroad and the appointment of the fund’s board members. The revisions will provide a regulatory framework for the management of  translation costs associated with mutual legal assistance treaties held with other countries.

According to official data, more than 150,000 Mongolian citizens live abroad, and the number of criminal activities involving Mongolians, as victims and perpetrators, has been increasing. From 2009 to 2017, the Assistance Fund provided 1.3 billion MNT in financial support to Mongolian citizens living abroad, provided by through diplomatic missions in foreign countries.

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