Mar. 14 – Japan and Mongolia agreed on Monday to launch talks on a bilateral free trade agreement and to provide Ulaanbaatar with economic aid, officials said.
Japanese Prime Minister Yoshihiko Noda and his Mongolian counterpart Sukhbaatar Batbold, who is on a six-day visit to Japan from Saturday, also agreed that the two countries will boost cooperation in the development of natural resources and infrastructure, according to a joint announcement released after their meeting in Tokyo.
The matter was on the agenda last year as well, but it was stalled when Japan’s prime minister at the time, Naoto Kan, had to deal with the major crisis triggered by the March 2011 natural disasters. Continue reading
Posted in Aviation, Business, Energy, Foreign Trade, Manufacturing, Mining, Politics
Tagged Free Trade Agreement, Mongolia Diplomacy, Mongolia FTA, Mongolia Politics, Mongolia-Japan Relations, Sukhbaatar Batbold, Yoshihiko Noda
Apr. 6 – The Mongolian National Chamber of Commerce and the Mongolian Government recently released the 10th annual list of the top 100 businesses in Mongolia. Like in previous years, this year’s list is dominated by private enterprises.
During 2010, workers for private enterprises accounted for 88 percent of all those currently employed. Private businesses also contribute to around 80 percent of Mongolia’s GDP. Moreover, 2010 saw the first IPO by a Mongolian company. Continue reading
Mar. 8 – This week China Briefing offers a special feature on the development of Mongolia – a nation the size of Western Europe with some of the world’s largest mineral deposits located just 90 minutes north of Beijing by plane.
By 2015, its nationals will be wealthier than the Shanghainese. Reports from Chris Devonshire-Ellis this past week outline the potential opportunities in the nation. Continue reading