ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Mongolia to revise new law after IMF postpones bailout

Plan to force foreign companies to bank locally was met with objections

 (placeholder image)
The Oyu Tolgoi mine in Mongolia's South Gobi region   © Reuters

ULAANBAATAR -- Following last Friday's postponement of a much-needed bailout from the International Monetary Fund, the Mongolian government on Tuesday moved to assure the fund that it was ready to make adjustments to a controversial new regulation.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more