Export of precious metals and foreign banknotes amounting to MNT 20 million to be restricted from today

Economy
munkhzul@montsame.gov.mn
2022-04-22 17:22:21

Ulaanbaatar /MONTSAME/. In connection with the law on preventing the rise in price and shortage of key commodities caused by the international crisis and reducing their impact that was adopted last week, the State Great Khural made certain amendments to the Law on Anti Money Laundering and Combatting the Financing of Terrorism.

In its framework, the decision to restrict the export of precious metals and foreign banknotes amounting to MNT 20 million in cash comes into effect from today, April 22, reported the Customs General Administration.

The aforementioned decision will be implemented until January 1, 2023. 


The decision to restrict the export of foreign banknotes and precious metals was made by the Cabinet at an irregular meeting on April 4.