23 August 2011

Allens Arthur Robinson (Allens) has been formally welcomed as a member of the Business Council of Mongolia at a ceremony held last night in the Mongolian capital of Ulaanbaatar. Allens becomes the first Australian top-tier firm to be made a member of the Council. Partners Erin Feros and David Wenger, as well as Senior Associate John Koshy and Lawyer Emma Wanchap, attended a meeting of the Council that formally accepted Allens as a member.

The Business Council of Mongolia brings together Mongolian and foreign-based businesses to act as an independent Mongolian business advocacy group. Ms Feros said formal membership in the Business Council of Mongolia was a natural progression for the firm, which has been involved in numerous significant transactions in Mongolia over the past few years.

'We see the firm's membership of the Mongolian Business Council as an essential component of our Mongolia group's activities,' Ms Feros said.
'We welcome this opportunity to meet with colleagues and build relationships here on the ground in Ulaanbaatar.'
Mr Wenger, who is based in Hong Kong, said he was seeing more Hong-Kong-based companies investing in Mongolia. 'There is no doubt that Mongolia is an exciting new frontier for companies to invest in,' Mr Wenger said. 'The firm has already been involved in some significant projects in Mongolia, such as the Oyu Tolgoi copper and gold project.'

Business Council of Mongolia Executive Director Jim Dwyer said: 'The Business Council of Mongolia welcomes a firm of Allens' standing and reputation, particularly in the energy and resources sector, to our membership. We look forward to Allens participating in the business growth of Mongolia.'

Barbara Shaw | Senior Business Development Manager