Trade Investment Framework Agreement (TIFA) has seen interruptions for the last 7 years. TIFA meeting is seen as the tool to intensify the traditional cooperation between the two countries and deepen the trade ties in specific fields as well.
In detail the TIFA will enable to establish the favourable cooperation environment and improve the trade and investment relations of the two countries and enables the policy discussions to be conducted at the governmental level. During the meeting today the sides will discuss the issues related to transparency of the trade regulations, investment environment issues, trade support procedures and intellectual property rights.
Ambassador Robert Holleyman, Deputy United States Trade Representative, who was confirmed by the U.S. Senate for this position on September 18, 2014, is to preside the meeting. Ambassador Holleyman’s responsibilities include U.S. trade and investment relations with China, India, and the countries in South and Central Asia, as well as trade negotiations and policy coordination in the areas of services, investment, and intellectual property and innovation. In addition, he represents USTR on the Committee on Foreign Investment in the United States (CFIUS) and serves on the board of directors of the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution.
During his stay in Mongolia Ambassador Robert Holleyman will meet with the Minister of Foreign Affairs L.Purevsuren, and N.Oyundari, Deputy Minister of Foreign Affaris will preside the meeting from the Mongolian side.
The press conference on the joint TIFA meeting will be held at 5PM at the Ministry of Foreign Affairs today.
Trade Investment Framework Agreement (TIFA) has seen interruptions for the last 7 years. TIFA meeting is seen as the tool to intensify the traditional cooperation between the two countries and deepen the trade ties in specific fields as well.
In detail the TIFA will enable to establish the favourable cooperation environment and improve the trade and investment relations of the two countries and enables the policy discussions to be conducted at the governmental level. During the meeting today the sides will discuss the issues related to transparency of the trade regulations, investment environment issues, trade support procedures and intellectual property rights.
Ambassador Robert Holleyman, Deputy United States Trade Representative, who was confirmed by the U.S. Senate for this position on September 18, 2014, is to preside the meeting. Ambassador Holleyman’s responsibilities include U.S. trade and investment relations with China, India, and the countries in South and Central Asia, as well as trade negotiations and policy coordination in the areas of services, investment, and intellectual property and innovation. In addition, he represents USTR on the Committee on Foreign Investment in the United States (CFIUS) and serves on the board of directors of the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution.
During his stay in Mongolia Ambassador Robert Holleyman will meet with the Minister of Foreign Affairs L.Purevsuren, and N.Oyundari, Deputy Minister of Foreign Affaris will preside the meeting from the Mongolian side.
The press conference on the joint TIFA meeting will be held at 5PM at the Ministry of Foreign Affairs today.