During the meeting, measures for accelerating the progress of ADB financed projects and solving challenges in project implementation are discussed, and agreed on certain steps to be taken. Also, the parties exchanged views on projects to be implemented in the future to improve the capacity of border posts and food supply and security which are aligned with the key pillars of the New Recovery Policy, and agreed on organizing international workshops in Mongolia on the topics of trade and economic free zone development, trade facilitation, and food supply, and security within the framework of the Central Asia Regional Economic Cooperation Program /CAREC/.

Vice Minister of Economy and Development S. Narantsogt received a delegation from Kyrgyz Republic led by Jibek Duisheyevа, First Deputy Minister of Finance.  The Vice Minister S.Narantsogt provided information to the delegation from the Kyrgyz Republic on the experience and the policies taken for developing a system for sustainable development and green financing and explained how the mid- and long-term development policy documents are incorporated in the State Annual Development Plan and the state budget. 

Mr. Narantsogt S., the Vice Minister of Economy and Development has received the delegation of the ‘’Doorknock 2022”, headed by James Liotta, Board Chairman of the American Chamber of Commerce in Mongolia. The Ministry of Economy and Development presented the New Recovery Policy and the revised draft Investment Law, including current steps taken by the Government to improve the investment environment through investor protection, and digitalization of services as comprehensive reform.

The Chairman of the National Development Agency Mr. Batjargal.Kh held an official meeting with the Head of EIB Representation to China and Mongolia Mr. Auvo Kaikkonen and Project manager – Cooperation section of the Delegation of EU to Mongolia Ms. Evgenia Faraza. During the meeting, the parties briefed each other on their activities and strategic directions and exchanged views on possible actions to improve further cooperation between the organizations.

Five Government agencies, National Development Agency, General Authority for State Registration, Immigration Agency, Taxation Agency, Social Insurance General Office, held a joint meeting to intensify the activities of the “Invest in Mongolia” One-Stop Service Center for Foreign Investors under the National Development Agency. The “Invest in Mongolia” One-Stop Service Center has provided 54,000 services of 60 types since its establishment in 2019. Before establishing the One-Stop Service Center investors had to spend a total of 15 days and travel 50km to receive services of five Government agencies, but now all services of all five agencies are concentrated at one point and it takes only 30 minutes to receive services. During the meeting five Government agencies have decided to set up a working group to work together on how to intensify the center's activities during the COVID-19 pandemic, as well as to integrate high-quality investor information into a single electronic platform and diversify services.  Centralization and digitalization of public services is a real condition for supporting investors, improving the quality of investments, expanding the tax base and the social insurance base, as well as raising taxes and fees.