American Chamber of Commerce in Mongolia

Chairman's Greeting

Distinguished Members, Partners, and Friends,

It is a profound honor to address you as your newly elected Chairman. We stand at a pivotal moment for AmCham Mongolia and for the nation itself – a moment where volatility meets vast, untapped potential.

Mongolia’s resources are enduring, and its future remains bright. But as leaders, our focus must shift from celebrating static facts to mastering dynamic challenges.

Our mission this year is clear: to dedicate ourselves to building the High-Trust Economy.

The path to sustainable prosperity is not paved with rhetoric, but with predictability, transparency, and the unwavering application of the rule of law. The challenges we face – including systemic policy inconsistency, regulatory uncertainty, and political interference that undermines investment – are not insurmountable misfortunes. They are indicators of a trust deficit in the system that we, the private sector, are uniquely positioned to solve.

Instead of accepting a system that too often favors state-owned stagnation or influence over innovation, we choose to act. Our goal is not merely to advocate for better policy; it is to help rebuild Mongolia’s global brand by forging a business environment worthy of the world-class companies you represent.

To be a member of the American Chamber of Commerce in Mongolia is to accept a special, unique, and exclusive role. AmCham is not a club; it is a covenant.

It is a shared commitment by companies – the architects of the modern Mongolian economy – who adhere to the highest international standards of Environmental, Social, and Governance (ESG) principles and compliance. We are the High-Trust Model by default. Our membership signifies a dedication to transparency, accountability, and the rule of law, and actively expunges corruption from the system, ensuring that the ground rules for success are talent, hard work, and ethical practice.

This year, our Roadmap will champion three core priorities:

Mandate a Stable System: We will relentlessly advocate for clear legal pathways and transparent regulatory timelines to eliminate the political and legal risks currently driving capital away.
Build Economic Resilience: We will leverage the strength of the U.S.–Mongolia Third Neighbor Partnership to fortify crucial trade and digital corridors, and drive investment.
Champion the Private Sector: We will elevate our members as the High-Trust Solution – the true engine for jobs, innovation, and sustainable, long-term growth.

The success of our members is the expectation, not the exception. We will be bold, smart, and relentless in our pursuit of a transparent and level playing field for all.

On behalf of the Board of Directors, I thank you for your courage, your commitment, and your conviction. Let us step forward together into this new chapter and deliver the High-Trust Economy that Mongolia both needs and deserves.

And as we do, we send our best wishes to the United States as it celebrates its 250th anniversary.

Warm regards,

James A. Liotta

Chairman of the Board

AmCham Mongolia

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Who We Are

The American Chamber of Commerce (AmCham) in Mongolia is an independent membership-driven organization that seeks to build, strengthen, and protect business between the United States and Mongolia and to promote Mongolia as a destination for American investment actively. The U.S. Chamber of Commerce accredits AmCham Mongolia as its official affiliate in Mongolia. Based in Washington, D.C., the U.S. Chamber of Commerce is the largest federation in the world, with over 3 million members.