Mining company chief warns the move will make foreign investors wary of entering Mongolia.
Under the MoU, the Mongolian legal and regulatory framework will be reviewed in respect of the recommendations the country has received for combatting money laundering and financing of terrorism, and then suggestions for improvements will be made.
Company’s share price on Hong Kong index at lowest level in a year as it initiates internal investigation.
New president’s drive for reform in Central Asia’s most populous country gets boost from climb of 13 places in ranking.
The original projection was for pricing of 6.125% but a healthy order book for the frontier market debt issue pushed down the return demanded of Ulaanbaatar.