The Investment and Trade Agency of Mongolia becomes a member of the World Association of Investment Promotion Agencies (WAIPA).

WAIPA is a non-governmental organization established in 1995, under Swiss law by UNCTAD and 50 other investment promotion agencies. WAIPA supports and connects investment promotion agencies (IPA) across the world; helping them to exchange experiences and expertise, and providing them with access to research, training, events, and more. Currently, WAIPA has 134 members from countries and offers its members a platform to discuss latest trends and exchange best practices in investment promotion.