Newsletters


Invest in Mongolia
March 1, 2019 by Jacob Blacklock

Click here to view the original Newsletter! The Foreign Ministry and National Development Agency have officially opened the “‘Invest in Mongolia’ one-stop service center. The Service Center aims to enable foreign investment, by creating favorable conditions for foreign investors in Mongolia. Key issues the Center hopes to address are in reforming the legal conditions for investment, refine public services, and
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Will Mongolia be a Blockchain Powerhouse?
February 15, 2019 by Jacob Blacklock

Click here to view the original Newsletter! Earlier this week the Cabinet of Mongolia approved a national level policy for the development and growth of the Construction Sector. The plan plots growth targets for the construction sector in Mongolia through 2019 and provides estimates of financial resources required to meet policy goals over that time. The initial stage of the
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Industry: Up, Trade: Up, National Revenue: Up
January 25, 2019 by Jacob Blacklock

Click here to view the original newsletter! The National Statistics Office (NSO) of Mongolia has released preliminary calculations of Mongolia Gross Industrial Output (GIO) growth, and international trade volumes in 2018. GIO is estimated at MNT 15.7 trillion, an increase of 21% over 2017. A major contributor to the large increase was the increase in mining output. Coal mining output is
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Mongolian protests, courtesy New York Times

Protests Close Out Mongolia 2018
January 11, 2019 by Jacob Blacklock

Click here to view the original Newsletter! The biggest story in Mongolia over recent months has been protests in Ulaanbaatar over perceptions of widespread elite corruption. Reuters reports tens of thousands of Mongolians took to the streets in late December 2018 protesting after new revelations. Both of the two
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IFC Plan to Increase Foreign Investment in Mongolia
November 30, 2018 by Jacob Blacklock

Click here to view the original newsletter! The Mongolian National Development Agency met with the International Finance Corporation (IFC) this week in consultations regarding foreign direct investment in Mongolia. The IFC released a report earlier this year focusing on foreign direct investment in Mongolia. Part of the impetus of the report is to assist Mongolia in developing a new investment policy,
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Mongolia To Enter Visa Free Travel Agreement with Chile
October 26, 2018 by Jacob Blacklock

Click here to view the original Newsletter! The Cabinet of the government of Mongolia convened a regular meeting this week. During the meeting the Cabinet discussed steps for ratification and implementation of new legal cooperation programs with the Republic of Belarus. The new agreements include mutual legal assistance in connection with civil cases, including mutual recognition of judgments.
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Bank of Mongolia Proposes New Trade Agency
October 19, 2018 by Jacob Blacklock

Click here to view the original newsletter! The Bank of Mongolia has made a new proposal for Mongolia to use the Mongolian Tugrug (MNT) in direct trading with neighbors China and Russia. Current standard practice is to use USD in trade with neighbors. The call comes as the MNT has weakened 5.5% against the USD but has gained in value when
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$5 Billion in Mongolian Mining Projects Pending
September 7, 2018 by Jacob Blacklock

Click here to view the original Newsletter! This week is the 16th Discover Mongolia conference, jointly organized by the Government of Mongolia, the Ministry of Mining and Heavy Industry, the Mongolian National Mining Association and the Business Council of Mongolia. Discover Mongolia is an international forum for mining industry investors and aims to promote a pro-business mining policy environment in
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Mongolia-Russia Business Ties Strong
August 31, 2018 by Jacob Blacklock

Click here to view the original newsletter! News Reports this week demonstrate progress in growth of Russia-Mongolia trade, one year after opening of the Russian Trade Representation Office in Mongolia. According to numbers provided, trade between Russia and Mongolia increased by over 40% over 2017. A large amount of this increase appears
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Mongolia Hosts China Foreign Minister
August 24, 2018 by Jacob Blacklock

Click here to view the original newsletter! The big news in Mongolia this week is the visit by Chinese Foreign Minister Wang Yi. Mr. Yi was in the country to discuss matters of economic ties between the countries. During the visit Mr. Yi paid a courtesy visit to Mongolian President Battulga, where they discussed matters of bilateral cooperation. President Battulga
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