www.unuudur.com: The latest news of Mongolia in the World

This spring, Genie Energy signed an agreement with the government of Mongolia, under which its subsidiary will explore oil shale over a five year period. Statements to the press have spun the agreement as a way for the country to achieve energy independence from Russia, as Mongolia currently imports 90 percent of its petroleum needs [...]

This spring, Genie Energy signed an agreement with the government of Mongolia, under which its subsidiary will explore oil shale over a five year period. Statements to the press have spun the agreement as a way for the country to achieve energy independence from Russia, as Mongolia currently imports 90 percent of its petroleum needs [...]

In Mongolia today there are reminders everywhere of the nation’s nomadic past. Upon arriving at Chinggis Khaan International Airport – the nation’s only international transit point – visitors are greeted by a statue of the fearless wandering conqueror of yore. Traditional portable homes – yurts – dot the outskirts of the capital city of Ulan [...]

Since 1990, Mongolia has pursued a multidirectional foreign policy, forging strong ties with such global players as the United States, European Union, Japan, South Korea and India. This so-called “third neighbor policy” has given Mongolia much greater reach than might be expected as a small state sandwiched between Russia and China. Still, there are notable [...]

Mongolia, rich with coal, gold, and copper has been riding high on the global natural resource boom. The country’s proximity to China makes its resources even more attractive. Over the past decade, mining sector development has led to significant foreign investment and growth in government spending, provided a boost to household incomes, and has moved [...]

The past year has heightened some important security landmines in East Asia. There is the usual cycle of “provocation followed by negotiation” by a not-so reformed regime in North Korea. More concerning however is the intractable, diplomatic tussle between Tokyo and Beijing over islands in the East China Sea. Add to this the fractured bilateral [...]

While the arrest of Mongolia’s former president Nambaryn Enkhbayar on corruption charges has been dominating headlines, another quieter, but very significant event took place earlier this summer on June 28, when nine women won seats in the country’s parliamentary elections. This is triple the number of women elected just four years ago.