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| July 11, 2012 |
| Mongolia Awards $300K PR Pact to D.C. Firm |
| By Kevin McCauley |
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Venn Strategies has a $300K, six-month pact to promote Mongolia as a “stable target for direct investment with reliable rule of law and investor protections,” according to its contract with the Mongolian Investment Institute.
 Clinton with President Elbegdorj in a photo released by the Mongolian government July 7. |
The D.C. public affairs shop founded and headed by Stephanie Silverman will handle PR and media support; conduct outreach and dialog building exercises with U.S. government entities, and engage with influential third-party interests.
Mongolia, a former satellite of the Soviet Union, was in the news July 9 when Secretary of State Hillary Clinton visited the minerals-rich country that borders China.
During a speech in Mongolia’s capital of Ulan Bator, Clinton praised the country as a model of how a democracy can rise from a former authoritative state. “To those who doubted, Clinton said, “Let them come to Mongolia.”
The New York Times reported that Clinton also met president Tsakhia Elbegdorj in a ceremonial yurt, which is the traditional home of nomadic herders.
The Obama administration is backing a bid by Peabody Energy to develop a massive coal project in Mongolia in a competition with a Chinese company.
Prior to launching Venn Strategies, Silverman was a senior advisor at Manatt, Phelps & Phillips and an associate in Citibank’s global finance unit. |
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