Mongolia to simplify FDI for state-backed firms

Saikhanbileg Chimed, a member of parliament and the chief of the cabinet secretariat, said, under proposed legislation, investment by foreign state-backed firms in Mongolia's strategic industries would be vetted by the Ministry of Economic Development.

via Business feed http://www.scmp.com/business/commodities/article/1294552/mongolia-simplify-fdi-state-backed-firms