ALEXANDRIA, Va., June 17 /PRNewswire-USNewswire/ - Today, CFIF urged
Secretary of State Condoleezza Rice, U.S. Ambassador to Mongolia Mark Minton,
and Millennium Challenge Corporation CEO John Danilovich to send a clear
message to Mongolia that the country will not be allowed to wreak havoc on the
principles of private enterprise, democracy and Western interests.
The business climate in Mongolia has deteriorated significantly, as
Russian influence in the country continues to grow at an alarming rate.
Recently, the Mongolian government mandated that foreign investors surrender
ownership stakes in natural resource exploration and development projects.
Despite these transgressions against business and the rule of law, the
Millennium Challenge Corporation has begun to send hundreds of millions of
dollars in taxpayer-funded aid to Mongolia.
"This aid will be wasted unless the United States insists that Mongolia
not backslide on its commitment to liberal democratic principles," said Tim
Lee, CFIF's Director of Legal and Public Affairs in the letter. "It would be
a sad, cruel irony if American aid, much of which is being used to help build
a railroad for economic development, in the end helps subsidize Russian state
and business interests as Mongolia's people suffer."
In its letter, CFIF notes that it's not too late to help Mongolia, an
important U.S. ally, get back on track. Mongolia would benefit from a visit
by an official U.S. diplomatic delegation, to remind the government that
American taxpayer support will not continue if Mongolia flouts international
norms and business practices.
"Now is a good time for the United States to be engaged in this important
North Asian nation - bolstering our friends and defending the principles of
freedom and democracy that will ensure a bright future for the people of
Mongolia," said Lee.
Founded in 1998, the Center for Individual Freedom (www.cfif.org) is a
Constitutional and free-market advocacy organization with more than 250,000
supporters and activists nationwide.
For further information:
For further information: Timothy H. Lee of the Center for Individual
Freedom, +1-703-535-5836 Web Site: http://www.cfif.org