Meeting of Standing committee on security and foreign policy runs

Ulaanbaatar /MONTSAME/ At its meeting Friday, the parliamentary Standing committee on security and foreign policy discussed an implementation of the 2012 socio-economic development of Mongolia in a closed regime. A conclusion on the implementation made by the committee will be submitted to the Standing committee on economics. Apart of this, the Standing committee on security and foreign policy consulted a draft agreement between Mongolia and USA on ensuring transparency of international trade and investment. This agreement shall be ratified in accordance with the international treaty law, and it will create a preliminary condition of establishing the free-trade contract with the USA. For the time being, the USA have free-trade agreements with 19 countries, also has established with nine countries contracts on ensuring transparency of international trade and investment. B.Khuder