Her Excellency B.Battsetseg, Minister for Foreign Affairs of Mongolia, met with Canadian investors and business representatives, during her official visit to Canada.
During her opening remarks Minister for Foreign Affairs B. Battsetseg highlighted the successful implementation of the development assistance projects by the Government of Canada within the framework of trade and investment cooperation between two countries. Minister B.Battsetseg underlined Mongolia’s interest in extending Canadian investments beyond mining sector, namely in clean energy, agriculture, education and environment sectors, and extended Mongolian Government’s commitment to diversify its export goods and promoting exports in North America.
Ms. Ashley Glen, Director, Structured & Project Finance, Export Development Canada, Mr. Zaki Munshi, Program Director Asia, Trade Facilitation Office Canada, Mr. Peter Akerley, President, CEO and Director, Erdene Resource Development, Mr. Yves Ballenegger, Founder, CEO, Groovy Yurts INC, and Ms. Bolor Sambuu, President, Canada-Mongolia Chamber of Commerce participated in the panel discussion moderated by Mr. Enkh-Amgalan Sengee, Representative of Mongolian National Chamber of Commerce and Industry.
Within the framework of the meeting, Ms. A. Glen discussed EDC’s financing to the Oyu tolgoi project and shared her findings on the project’s impact on the economy of Mongolia. She also conveyed that EDC is available to collaborate with Mongolia on the implementation of other major projects. Mr. Z.Munshi provided the information about TFO’s activities to support SME’s in developing countries and offered his insights on key considerations for exporting goods to the Canadian market.
Mr. P.Akerley discussed projects implemented by his corporation in Mongolia, highlighting programs and activities supporting local communities, and shared his insights on potential government policies and measures to attract more investment.
Mr. Y.Ballenegger, the founder of Groovy Yurts INC, shared his 20-year experience of selling Mongolian ger (yurt) in the North American market, promoting Mongolian culture and traditions. Ms. S.Bolor provided information on how Mongolian companies can enter the Canadian market, and expressed that Canada-Mongolia Chamber of Commerce’s willingness to support the Mongolian companies expand their business to Canada.
In addition to the panelists, Canadian government officials, investors and business representatives attended the business meeting, engaging in discussions and exchanging their opinions.