With agriculture accounting for around 20% of Mongolia’s GDP and providing employment for 35-40% of its population, the sector is clearly not only a central pillar of the country’s economy, but also of its social structure. Both these pillars are undergoing substantial changes, however, as Mongolia urbanises while also shifting much of its economic...
Preliminary results from the Ministry of Food, Agriculture and Light Industry (MFALI) for the September-October 2011 harvest showed the Mongolian crop sector to be in fine form. With the numbers bigger than ever demonstrating, for many in the sector, the success of recent government moves to support agricultural development with a major investment...
Dairy farming has long been recognised as a key part of the nation’s agricultural economy, and as a result, moves are now under way to bring the segment back up to international standards. A keen eye is being kept on trends in Asia’s dairy market, with likely future growth in consumption making the segment a potentially strong exporter for Mongolia...
The mineral wealth of Mongolia, a vast and isolated land, has brought the world to its doorstep. The country’s economy is one of the fastest growing in the world, and production from and investment in its two largest mines should see GDP growth continue to climb.
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