Mongolia

The bond market in Mongolia is one of the world’s youngest. The government has committed to regular bond sales only since 2010, and a pioneer in the corporate segment appeared in August of the same year. Despite this small base, growth in the segment looks likely in the coming years, due in large part to the needs of the mining industry. As of...

One of the top priorities in Mongolia in 2012 will be resolving the issue of development and production at Tavan Tolgoi (TT), the world’s largest undeveloped coal deposit, which holds an estimated 6.4bn tonnes of coking and thermal coal.

Operators of the Oyu Tolgoi copper and gold mine forecast that its copper production alone could account for a third of Mongolia’s GDP by 2020. This highlights mining’s importance to the economy, as well as the need for greater diversification. The global economic crisis of 2008-09 amply demonstrated the imperative of spreading out, as Mongolia was...

Though 2012 looks like a breakout year for Mongolia, the economic outlook for much of the rest of the world seems to be dull at best. One of the key questions for Ulaanbaatar’s investment community is how much foreign interest there will be in 2012, and whether Mongolia will stand out as a good investment option or be dragged down by outside factors...

Perhaps the most innovative component of Mongolia’s insurance sector is a recently launched livestock management policy. The Index-based Livestock Insurance Project (IBLIP), which is specifically tailored to the country’s unique needs and extreme environment, is among the first of its kind to be put into practice. Under IBLIP, indexed insurance is...

Foreign relations have traditionally been dominated by the country’s giant neighbours, Russia and China. As a landlocked nation, it is dependent on these two global powers for land access to the global markets beyond them. Furthermore, the Chinese and Russian markets have long accounted for the vast majority of both Mongolia’s imports and exports...