MCA-Mongolia Holds First Board Meeting, Approves Documents,

UNCLAS ULAANBAATAR 000149 SIPDIS SIPDIS STATE FOR EAP/CM MCC FOR F. REID USDOC FOR ZHEN-GONG CROSS TREASURY PASS USEDS TO IMF AND WORLD BANK MANILA FOR USED TO ADB LONDON FOR USED TO EBRD E.O. 12958: N/A TAGS: EAID PREL EINV EON PGOV MG SUBJECT: MCA-Mongolia Holds First Board Meeting, Approves Documents, Selects Officers ¶1. Prime Minister S. Bayar, the Chairman of Millennium Challenge Account - Mongolia's (MCA-M) Board of Directors, convened the first ever full-scale board mlevig!tje orn`ne ofhEprm|!Q> Inqd`itIo. po!he@E(0`n!Biv0QiniSveRaHr&br!b"cJqlO3,y(,V! nyov2QMkC=u43sqQmQaf2QFpJ`v$l5}6cX?t,L(/LQ W[mhuOQ&-Qor the MCA project). The DCM, Econ/Coml Chief, and LES Economic Specialist attended as observers, along with TDY MCC Mongolia Desk Officer Andrew Chakhoyan. ¶2. All of MCA-M's organizational documents were passed in an expeditious manner and the discussion concentrated on the question of recruitment for MCA-Mongolia senior staff positions. The Board reviewed the short-listed candidates and identified preferred nominees for each of eight key positions; short-lists for the four remaining positions will soon be completed for the Board's consideration. MCC Mongolia Deskoff Chakhoyan answered a number of procedural questions. The DCM congratulated the PM and the Board, on behalf of the USG, for their successful inaugural meeting, noting they had begun to "breathe life" into the MCC Compact. The Prime Minister responded by thanking the U.S. Government for its faith in Mongolia. He added that all Mongolians were eagerly awaiting implementation of the Compact. MINTON