CommitteesThe American Chamber of Commerce (AmCham) in Mongolia
The AmCham ICT and Digital Economy Committee aims to advance the development of information and communications technology (ICT) infrastructure and services in Mongolia. The committee works to promote cooperation, information sharing, and the development of effective ICT policies and regulations; enhance social and economic development through the effective use of ICT; promote a secure and trusted ICT environment for businesses at various different levels; and bring together leaders of member companies in telecommunications and information technology, along with leaders in other sector, to exchange and nurture a better business and investment environment in Mongolia. The committee also aims to provide guidance on key areas and actions to facilitate technological and policy exchanges among members, and to promote innovative, inclusive, and sustainable growth to bridge the digital divide in Mongolia. The committee is currently chaired by Ms. Byambajargal Ayushjav, Chairwoman and Founder of Faro Group.
The Trade Committee’s mission is to promote international trade and investment, with U.S.-Mongolian bilateral trade and investment being the top priority, particularly promoting the acquisition and use of goods, works, and services from the United States and other countries our members trade with. The committee also aims to increase trade and commerce and to help attract investment to the Mongolian economy by removing tariffs and non-tariff barriers for trade and commercial activities between Mongolia and the USA and other countries, and advocate for the promotion of free trade and free enterprise to regain investor conﬁdence. The committee is currently chaired by Mr. Denzen Ganbold, Senior Manager, Business Development at Herbalife.
The AmCham CSR Committee’s objective is to contribute to the development of the CSR culture in Mongolia by promoting its members’ CSR activities and projects. The committee also aims to review and provide policy options for specific topics, including the corporate social responsibility initiatives of businesses—particularly those of AmCham members, to contribute to the wellbeing of Mongolian society. The committee is now chaired by Ms. Udaanjargal Nyamsuren, CEM/TSP Champion, Analytics & Innovation Division of the Barloworld Mongolia.
The committee is focused on supporting economic growth through an open, competitive, private sector-driven minerals sector, advocating for a stable policy and regulatory environment, improving public and stakeholder perceptions and expectations of the mining industry, and engagement with local communities. The committee is currently chaired by Ms. Amarjagal Khenchbish, Country Director of Rio Tinto Mongolia.
The committee is focused on issues concerning legislative reform in Mongolia’s financial and banking sectors, compliance with anti-money laundering and countering the financing of terrorism measures, private pension reform, Mongolia’s credit rating, developing capital markets, and green and sustainable financing. The committee is currently chaired by Mr. Shaukat Tapia, Country Director, PwC Mongolia.
AmCham Mongolia supports the government’s commitment and efforts toward improving economic diversification by focusing on the promotion of the agriculture sector. The committee will address some of the following selected policy issues:
- Urging the government to undertake vigorous efforts to elevate the agriculture industry’s development by utilizing innovative and advanced American technology and machinery;
- Discouraging government price control, for example, the price of wheat;
- Creating a fair competition regime by addressing state interventions in the procurement of equipment and machinery that is in direct competition with the private sector;
- Improving access to finance and building an attractive investment regime in the industry, and the development of comprehensive financial instruments including leasing to procure machinery and equipment;
- Development of a comprehensive industry insurance system. The Agriculture Committee is currently chaired by Mr. Matthew Metz, VP Industrial of MSM Group.