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Last year, our country was unable to export its main mining products due to the restrictions of the “Zero-COVID” policy of China, causing the economy to shrink by 3.9 percent in the first quarter of 2021. Along with export disruptions, sharp increases in prices of key imports due to geopolitical ten
July 10, 2023 · 1 min read
We spoke with Deputy Minister of Economy and Development Tuvdendorj G. about the Foreign Investment Law and strategies to attract foreign investment. – Last year’s Mongolia Economic Forum announced that Mongolia has begun to treat foreign investors more favorably and is committed to rect
July 10, 2023 · 1 min read
Mongolian Economy spoke with Hannes Takacs, Resident Representative of the E uropean Bank for Reconstruction and Development in Mongolia. -Let’s start with the European Bank for Reconstruction and Development (EBRD) in Mongolia. How many projects and programs is the EBRD currently implementing
August 15, 2022 · 1 min read
“Mongolian Economy” magazine spoke with Mr. Pavit Ramachandran, Asian Development Bank Country Director for Mongolia. – This year marks the 31st anniversary of Mongolia and Asian Development Bank (ADB) partnership. As the largest multilateral development partner that has supported and cooperat
July 4, 2022 · 1 min read
“Mongolian Economy” magazine spoke with US Ambassador to Mongolia Michael Stanley Klecheski on economic and business relations, especially the investment environment. -Thank you, Mr. Ambassador, for accepting our invitation. To begin our interview, I would like to ask you to share with o
February 17, 2022 · 1 min read
The Ministry of Economy and Development has adopted its operational strategy, organizational restructuring program, structure, and staffing limits, and decided to establish a Foreign Investment and Foreign Trade Agency under the Ministry. The new agency will implement a lot of significant work, such
February 17, 2022 · 1 min read
Mongolian Economy Magazine spoke with James Liotta, the Chairman of the Board of Directors of the American Chamber of Commerce and a partner at the law firm of MahoneyLiotta LLP, about how to improve the judicial system, attract foreign investment and facilitate US-Mongolia trade and investment. -Co
November 9, 2021 · 1 min read
E.Enkhbayar is the founder of the Pax Mongolica startup company. The company is currently working on a project that exports Mongolian products to Japan through e-commerce. -Mongolian products are currently being exported to a lot of different economies. Japan is the 5th largest economy in the world.
October 6, 2020 · 1 min read