Umguulliin Absolute Advocates LLP, an associate law firm of GRATA International has been selected as a legal advisor of Mongolia Indian Business council and executed Memorandum of Understanding on this collaboration on 17 October, 2020. Mongolia India Business Council is a non-governmental organization which is incorporated duly in 2016 in Mongolia for promoting business and economic relations of Mongolia and India.
The USD 1 billion oil refinery being built with Indian aid in Mongolia will be completed by December 2022 and will meet about three-fourths of Mongolian oil requirement. Within framework of this mega project in Mongolia, Mongolia India Business Council will play a key role on bridging business relations and project implementation with involvement of Indian contractors and local subcontractors.