Mongolia

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.

Both China and Mongolia work very closely and diligently to strengthen ties of commerce and friendship between the people of both nations. It is through the joint efforts and hard work of the governments of China and Mongolia, together with businesses, that we have achieved great accomplishments in economic and trade cooperation, and that such...

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...