Mongolia-China Business Cooperation Council established

Ulaanbaatar /MONTSAME/ The Mongolian National Chamber of Commerce and Industry (MNCCI) Tuesday announced an establishment of the Mongolia-China Business Cooperation Council (MCBCC). The newly founded council has purposes to support Mongolian businessmen, to expand their business and protect their rights and to support the bilateral organizations and activities of the partner enterprisers. The council consists of nine members of the Board, and S.Byambatsogt MP has been appointed as the MCBCC’s president. “We have to maintain equal terms with our neighbour countries. Previously, there was no body for collaborating with China in the economic sphere. The council is founded in order to create a mechanism for the economic ties with the neighbour countries,” the MNCCI chairman S.Demberel MP said. The MCBCC has an independent status and must be separated from dependence of any organizations.