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United States and Mongolia Sign Bilateral Trade and Investment Framework Agreement

On July 15, 2004,United States and Mongolia Sign Bilateral Trade and Investment Framework Agreement (TIFA) which will further enhanced their growing economic and trade partnership. The TIFA creates a U.S.-Mongolia Council on Trade and Investment which will address issues that include, but are not limited to, intellectual property, labor, environmental issues, and non-tariff barriers. The council will also establish an ongoing dialogue to help remove impediments to trade between the United States and Mongolia. The Agreement was signed by Deputy U.S. Trade Representative Josette Sheeran Shiner and Mongolia's Deputy Minister for Industry and Trade Ocher Erdenee. (More)