Investor Presentaiton

3. Mongolian Double Tax Treaties Mongolian DTT timeline 4 3 ОХУ C⭑ Турк Англи 2 Франц Люксембург = Герман Бельги Индонези Чех Кувейт Швейцарь Нидерланд Украйн Канад БНАСАУ 1 БНХАУ БНСУ Энэтгхэг Малайзи Вьетнам Польш Казакстан Киргиз Болгар Арабын Нэгдсэн Эмират Сингапур Беларус Австри 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 Mongolia has actively signed Double Tax Agreements with most of its major economic partners through 1991- 2004. This network undoubtedly has helped Mongolia to attract foreign investment. Mongolia terminated 4 DTTs including Kuwait, Luxembourg, United Arab Emirates and Netherland. 9

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