Mongolia

Hit indirectly by sanctions, Mongolia struggles to find workarounds

Antonio Graceffo in Ulaanbaatar October 31, 2024

Landlocked country in awkward position of trying to maintain neutrality while dependent on Russia for fuel and heavily reliant on China for export revenues and consumer products.

HESS: Mongolia’s unique success story between rock and a hard place at risk

Maximilian Hess October 25, 2024

Surrounded by Russia and China, country’s democracy and economy deserve Western support. But snatching assets from foreign investors would mean such backing falling by the wayside.

Mongolia copper-gold discovery hailed for “globally significant” prospects

bne IntelliNews October 14, 2024

Study shows Kharmagtai a world-class asset that could be important provider of energy transition metals as world economy decarbonises and electrifies.

Mongolia to launch open international bid to select management for coal giant

bne IntelliNews September 26, 2024

Move comes as Chinese steel mills gorge on Mongolian coal. Australia unseated as top supplier.

EBRD lowers Emerging Europe growth forecasts amid economic challenges

Clare Nuttall in Glasgow September 26, 2024

Development bank expects 2.8% growth across its region of operations in 2024, rising to 3.5% in 2025.

COMMENT: For Kazakhstan, World Nomad Games were a geopolitical foot-in-the-door

Ailis Halligan in Astana September 18, 2024

Hosting the spectacular occasion, involving nearly 100 countries, was a big soft power move by a country intent on cooperation with all nations, big and small.

After the dzud

Antonio Graceffo in Ulaanbaatar September 7, 2024

Over thousands of years, Mongolia’s herders have shown resilience in the face of extreme weather disasters. But this year, many more than usual will likely give up and head for the city.

Putin touches down in Ulaanbaatar to handshakes and red carpets

Michael Kohn September 3, 2024

Analyst sees Mongolia as victim of Russian leader’s calculated defiance of international court’s arrest warrant. Given small country’s energy dependence on Russia, practically it was in no position to detain him.

Arrest Putin when he sets foot on Mongolian soil, Kyiv urges Ulaanbaatar

bne IntelliNews September 1, 2024

Russian leader wanted by International Criminal Court for deportation of children amid conflict with Ukraine. But its rules may offer Mongolia options for not detaining him.

Putin set for Mongolia visit despite country’s International Criminal Court membership

bne IntelliNews August 29, 2024

Russian leader, who is subject to an outstanding ICC arrest warrant, to take part in ceremonial events related to Soviet and Mongolian 1939 victory in battle with Japanese forces.

Dismiss