Australia Mongolia Business Council, a body aimed to promote the mutually beneficial economic, investment and business interests of Mongolia and Australia was registered by the Australian Securities and Investments Commission on 28 January 2014. Mr Mark Green, International Managing Partner of Minter Ellison Lawyers has been elected as the Chairman of the Council. In recent times, the level of investment into Mongolia from Australia has risen significantly. There are around 30 Australian companies that have established their local office in Mongolia and 170 small-medium sized companies linked with Mongolia. Embassy of Mongolia in Australia was supportive of establishing a business council initiative from the beginning. Australia Mongolia Business Council intends to host a number of events in Australia to facilitate the sharing of experiences of doing business in Mongolia.