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World IN BRIEF : WASHINGTON, D.C. : Most-Favored Trade Status for Mongolia

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From Times Staff and Wire Reports

President Bush accorded Mongolia most-favored-nation trade status and saluted the democratic and economic reforms unfolding in the once-Communist state. Mongolian President Punsalmaagiyn Ochirbat, the first Mongolian head of state ever to visit the United States, said the new trade arrangement will foster U.S. investment.

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