Ulaanbaatar, August 13, 2023 /MONTSAME/ A major forum of the mineral sector, "Mongolian Mining Week 2023" will be held for the second year in Ulaanbaatar on October 9-13.

The event to be organized jointly by the Ministry of Mining and Heavy Industry and the National Mining Association of Mongolia will discuss the policy reforms of the sector and the reform of the investment environment, which are included in the "Vision-2050" development document and the "New Revival Policy" implemented by the Government.

Last year, for the first time in Mongolia, participants from all levels of the mineral sector gathered for five days to stimulate the development of the industry, attract foreign investors, support domestic enterprises and Government policies. They discussed many pressing issues of the sector with the participation of all level organizations to determine the competitiveness of the industry, develop products that meet global trends and market demand, ensure the participation of citizens and communities in the policy decisions of the Government, seek joint solutions, restore a favorable investment environment, and accelerate legal reforms, and determined the direction.

The Ministry of Mining and Heavy Industry reports that their policy is aimed at supporting responsible mining, consistently protecting interests of law-abiding domestic and foreign investors, cooperate with private sector by giving opportunities and confidence, and raising responsibility, and increasing competitive edge of the sector.