Asia Economy

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A new foreign investment law that offers investors broader access to Myanmar’s economy, as well as useful tax breaks, is expected to add new impetus to the country’s development and is a landmark in its ongoing liberalisation. On November 2, President Thein Sein approved the much-anticipated law after several months in which the government and economic stakeholders debated and honed the legislation.

Since the dawn of democratic Mongolia back in 1989-90, much has changed internally, as the country has sought to negotiate the new, post-Cold-War epoch. This has involved not only embracing new ideas, but also a revised orientation towards neighbours and the wider international community in an era of rapid globalisation. This process has faced...

How would you assess the role Russian firms play in the Mongolian economy and its trade relations?

What are the government’s current priorities in terms of economic development, and how can Mongolia move beyond minerals and mining?

Just 22 years after embracing the market economy Mongolia has been going through another cycle of economic and political headwinds, although the country’s fundamental macroeconomic indicators appear to be more solid this time round.

It is a great honour for me to have a chance to speak to the democratic progress that Mongolia has made and the example that has been set. I believe as strongly as I ever have that Mongolia is an inspiration and a model, and I am grateful for our two nations’ partnership as we have worked together – not only just between the US and Mongolia, but also as Mongolia has...

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