Mongolian President Leads Business Mission to Hong Kong

Hong Kong, Nov 28, 2013 - (ACN Newswire) - Mongolian President Tsakhiagiin Elbegdorj addressed an audience of approximately 200 businesspeople today at a Hong Kong luncheon organised by the Hong Kong Trade Development Council (HKTDC). The president was in Hong Kong to promote emerging opportunities in the resource-rich country. He was leading a Mongolian mission of more than 100 senior businesspeople and government officials.

In his speech, the president outlined the latest developments in Mongolia. Along with mining, he welcomed Hong Kong companies to explore opportunities in infrastructure, financial services and tourism. Attached is an audio podcast of the president's speech, with an introduction by HKTDC Council Member and Standard Chartered Bank (Hong Kong) Ltd CEO Benjamin Hung. To hear the podcast, click here:

Mongolia's GDP grew more than 12 per cent last year and was up more than 11 per cent through the first nine months of this year. The country, which became a WTO member in 1997, is enjoying a boom in mining and offers significant potential for Hong Kong traders. 

Following the luncheon, the HKTDC and the Mongolian National Chamber of Commerce and Industry signed an MOU designed to strengthen economic and trade ties between Mongolia and Hong Kong. On the same occasion, InvestHK signed an MOU with Invest Mongolia to boost investment between the two economies.


A statutory body established in 1966, the Hong Kong Trade Development Council (HKTDC) is the international marketing arm for Hong Kong-based traders, manufacturers and service providers. With more than 40 global offices, including 12 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China and throughout Asia. The HKTDC also organises trade fairs and business missions to connect companies with opportunities in Hong Kong and on the mainland, while providing information via trade publications, research reports and online. For more information, please visit:

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