MNCCI Chairman takes part in ACD Ministerial Meeting

Mr. O.Amartuvshin, Chairman of the Mongolian National Chamber of Commerce and Industry (MNCCI), took part in the 16th Ministerial Meeting of the Member States of the Asian Cooperation Dialogue (ACD) held from April 30 to May 2 in Doha, Qatar.

This year’s meeting brought together Foreign Ministers and chief authorities of 34 members of the ACD. Within the meeting, a business forum was held with participation of governmental and private sector’s representatives. It discussed matters such as on improving the network by maximizing funds for infrastructure and on augmenting the economic growth of Asian countries through financial technologies.

The ACD was inaugurated in June 2002 in Cha-Am, Thailand, where 18 Asian Foreign Ministers met together for the first time. The ACD aims to constitute the missing link in Asia by incorporating every Asian country and building an Asian Community without duplicating other organizations or creating a bloc against others. A key principle is to consolidate Asian strengths and fortify Asia's competitiveness by maximizing the diversity and rich resources evident in Asia. The core values of the ACD are positive thinking; informality; voluntarism; non-institutionalization; openness; respect for diversity; the comfort level of member countries; and the evolving nature of the ACD process.