INT'L ADVISORY COMPANY FOR MONGOLIA TO BE SELECTED

Ulaanbaatar, Mongolia, /MONTSAME/ The cabinet issued Wednesday a resolution on selection of an advisory company in a need to have an international advisory company for Mongolia.

The advisory company will have obligations to participate in trials and arbitration courts in foreign countries representing Mongolia as a claimant or defendant, and to render legal assistance to Mongolia for establishing some contracts and agreements in frames of the biggest projects and programs.

Recent years, state organizations of Mongolia have been drawing into complicated disputes which need a lot of money and into trials and arbitration courts in foreign countries as a defendant. Apart of this matter, the state needs to work out the biggest various projects and programs in accordance with international standards in times of the great construction works with an aim to develop infrastructure, mining and manufacturing.

The head of the Cabinet Secretariat of Government Ch.Khurelbaatar has been ordered to carry out a selection of the advisory company and to establish a related contract.

B.Khuder

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