President of Mongolia : The Chief of Staff of the President of Mongolia is participating in the World Economic Forum’s Summit on the Global Agenda

THE OFFICE OF THE PRESIDENT OF MONGOLIA, PUBLIC RELATIONS & COMMUNICATIONS DIVISION The Chief of Staff of the President of Mongolia is participating in the World Economic Forum's Summit on the Global Agenda

The world's biggest brainstorming exercise of thought leaders and experts on the most urgent global issues opened today in Abu Dhabi, United Arab Emirates. The Chief of Staff of the President of Mongolia Mr.Tsagaan Puntsag is among the international experts participating in the World Economic Forum's Sixth Summit on the Global Agenda hosted by the government of the United Arab Emirates. The purpose of the Summit is to tap the knowledge and experience of Council Members and other participants to generate insights, ideas and effective and sustainable action plans to address the main risks on the global agenda.

There are 86 Global Agenda Councils.

Mr.Tsagaan is the member of the World Economic Forum's Global Agenda Council on Responsible Mineral Resources Management. The development of mineral resources is a key driver of global economic growth and provides unparalleled opportunities for resource-rich countries.

The importance of creating a responsible approach to mineral development has never been clearer. While the role of mining in economic development is increasingly recognized, there is still debate over how mining should be conducted and a general lack of trust between stakeholders. For a number of years, the World Economic Forum and the Council have been leading the "Responsible Mineral Development Initiative" (RMDI), which is examining stakeholder engagement and how the extractive industry can create shared value, and recently published the Responsible Mineral Development Initiative 2013 report.

Council Members also helped design the concept of "mineral value management and presented their key findings at the private RMDI meeting at the Annual Meeting 2013 in Davos and at other meetings, including two of the largest mining conferences in the world.

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