On 14 December 2016, Ms. Fatema Z. Sumar, Regional Deputy Vice President for Europe, Asia, Pacific and Latin America of the Millennium Challenge Corporation (MCC) of the U.S.A. informed Foreign Minister Ts. Munkh-Orgil over the phone the MCC’s Board of Directors’ decision to reselect Mongolia as an eligible country to sign the Second Compact Agreement.
Through its Second Compact Agreement, the MCC aims at providing sustainable and comprehensive solution to a major developmental issue facing Mongolia. The parties have closely cooperated to define the target areas of investment, which are, as of today, identified as increasing bulk water supply of Ulaanbaatar, and improving water supply and sanitation in ger areas.
Following the MCC’s Board of Directors decision to select Mongolia as a Second Compact Agreement eligible country in 2014, a governmental Working Group to guide and oversee the Compact development process, and a National Secretariat to undertake the necessary preparations and to conclude the Agreement were established in 2015. The National Secretariat has been working closely with the MCC Mongolia team to develop the proposals for projects to be implemented under the Second Compact Agreement.
While, in general, Mongolia passes the Compact eligibility requirements, the Board noted that it expects Mongolia to demonstrate improved performance in combatting corruption. The parties are working towards signing the agreement by the end of 2017.