Commercial Reflecting on the changing security environment encircling Mongolia right this moment, Ulaanbaatar is at present revising its 2010 Nationwide Safety Idea and has elevated its protection finances, reflecting rising protection spending throughout the area. In 2022, the Japanese Ministry of Protection unveiled one other record-high protection finances, allocating 6.82 …

Advertisement Mongolian President Khurelsukh Ukhnaa’s latest state visit to Beijing placed a heavy emphasis on China-Mongolia economic ties and thus reflected how Mongolia’s foreign policy supports these endeavors. As Mongolia continues to diversify its mining-dependent economy, Beijing, as its comprehensive strategic partner, will continue to play an active role in …

Commercial In November, Mongolia and India closed a $1.2 billion smooth mortgage to finance Mongolia’s greenfield oil refinery plant within the South Gobi. To diversify Mongolia’s power sector, Ulaanbaatar is placing its third-neighbor overseas coverage into financial follow. Since Mongolia and India boosted their bilateral relations from “non secular companions” …