Temat: Foreign Investment and Foreign Trade Agency of Mongolia...

Foreign Investment and Foreign Trade Agency of Mongolia (FIFTA) is the government agency responsible for the promotion and facilitation of foreign direct investment and foreign trade in the country.

Vision

The FIFTA’s vision is to promote and facilitate foreign investment and foreign trade towards meeting the national goals of industrial development and export growth, to promote Mongolia as a destination for new investment and business, and to be the leading agency in Mongolia.

Strategic Goals

* To maintain steady growth of foreign direct investment and to promote export
* To improve investment and business environment through various measures including upgrading quality of investment registration services and information provision
* To influence in creating more favorable environment for small and medium-scale industry development
* To become a key Government agency, conducts foreign promotion of investment and trade related economic issues on behalf of the Government of Mongolia

In 2002, World Association of Investment Promotion Agencies /WAIPA/ honored the FIFTA with a "Global Runner-Up" award for its best achievement in attracting foreign investment and improving investment environment.

The FIFTA is organizationally structured from 6 units: Investment Promotion and Cooperation Division; One-Stop Service Center; Export Promotion Center; Small and Medium-sized Enterprises Support Office; Information and Planning Team and Administration Unit.

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