https://mongolia.somo.nl/wp-content/uploads/2019/10/RS864_shutterstock_265243184-lpr.jpg 1000 1500 Rene https://mongolia.somo.nl/wp-content/uploads/2020/02/Mongolia-black.png Rene2012-05-01 00:00:302020-02-12 13:32:01New Foreign Investment Law passed
New Foreign Investment Law passed
The ‘Strategic Entities Foreign Investment Law’ (SEFIL) / ‘Business Entities Operating in Sectors of Strategic Importance’ is passed. This law limits foreign investment and ownership in sectors like mining to 49%, and is perceived by the mining sector as resource nationalism.
 http://www.reuters.com/article/mongolia-investment/corrected-mongolia-exempts-private-firms-from-foreign-investor-law-idUSL3N0D6SUQ20130419 retrieved 7 September 2018