Canada and Mongolia Activate Their Investment Promotion and Protection Agreement

Canadian Minister of International Trade Francois-Philippe Champagne announced during his meeting with Mining Minister Ts.Dashdorj, that the Mongolia-Canada Foreign Investment Promotion and Protection Agreement (FIPA) has entered into force.

Minister Ts.Dashdorj met with Minister Champagne on the sidelines of the Prospectors and Developers Association of Canada convention organized in Toronto.

"This agreement sets out a framework of legally binding rights and obligations that will protect Canadian investors in Mongolia The strong reciprocal protections in the FIPA will help Canadian and Mongolian companies deepen commercial ties with...