Via The New York Times, a news that Mongolia is on the verge of opening a new national stock exchange: “…The Mongol conqueror Genghis Khan may have been globalization’s most ardent early supporter. But Mongolia has taken its time embracing international capital markets. Now this “mortar economy” (the country is wedged between Russia and China, […]
Read more »Via Northeast Asia Matters, a detailed look at the Tumen Basin which many hope will develop into a place for economic cooperation and competition. As the report notes: “…the Greater Tumen Initiative (GTI), formerly known as Tumen River Area Development Project (TRADP), being carried out under the auspices of the United Nations Development Programme (UNDP). […]
Read more »Via Stratfor (subscription required), an interesting analysis of Mongolia’s regional status and the ongoing struggle between Russia and China to lure the resource-rich country closer into a closer relationship. As the article notes: “…Russia and Mongolia signed several agreements on Aug. 25 covering rail links and development, joint exploration and exploitation of Mongolian uranium deposits, […]
Read more »According to Marc Faber, the publisher of the Gloom, Boom & Doom report, said Mongolia is “torn between two lovers – China and Russia,” and is a country with huge potential. As he notes: “The country is incredibly resource rich, another Saudi Arabia, next to the largest population in the world”
Read more »Via Energy Daily, an interesting look at Mongolia’s resource riches. As the article notes: “…In a world increasingly concerned with reliable sources of energy, however, Mongolia is rapidly becoming a major player, and an international race is on to secure access to one of its most valuable mineralogical deposits, uranium.A vast landlocked nation in the […]
Read more »From Bloomberg, an optimistic look at Central Asia’s investment potential. As the article notes: “…Kazakhstan, Kyrgyzstan, Mongolia, Tajikistan, Turkmenistan and Uzbekistan don’t tend to come to mind when searching for safety. Nor do Armenia, Azerbaijan and Georgia in the Caucasus region. Yet there’s increasing merit to taking the road less traveled, literally and figuratively. “Amid […]
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