Category Archives: Foreign Investment

Guest Post: Agreement between Canada and Mongolia for the Promotion and Protection of Investments – a Glance at Its Nature, Significance and Features

By Bajar Scharaw On 8 September 2016, Canada and Mongolia signed an international Agreement for the Promotion and Protection of Investments (the Canada-Mongolia Investment Agreement). The Agreement entered into force on 24 February 2017 and created legally-binding obligations for both … Continue reading

Posted in Bajar Scharaw, Canada, Foreign Investment, Foreign Policy, International Agreements, Law, Trade | Leave a comment

Resource Nationalism?

By Julian Dierkes One of the dominant foreign views of Mongolian politics is that they’re rife with “resource nationalism”. This perspective is reproduced in many conversations with people in the mining or financial industry and is often repeated by visiting … Continue reading

Posted in Foreign Investment, Mining, Mongolia and ..., Nationalism, Policy, Politics, Populism, Social Movements | Tagged | 4 Comments

Guest Post: Mongolia 2016 – Will there be light at the end of the tunnel?

By Stefan Hanselmann If the development of the last quarter of 2015 can serve as an indicator, we can eventually expect for next year some real light at the end of the tunnel. Unfortunately, Mongolia had to learn the hard … Continue reading

Posted in Bilateral Aid, Business, Development, Economics, Foreign Investment, Ikh Khural 2016, Inflation, Mining, Oyu Tolgoi, Policy, Politics, Stefan Hanselmann | Leave a comment

Politics in Late Summer 2015

I’m about to head to Ulaanbaatar for a very brief visit. While summer is a time of parliamentary recess and Naadam, it has been a bit more eventful than usual with the de facto dissolution of PM Saikhanbileg’s super coalition. … Continue reading

Posted in Democratic Party, Elections, Foreign Investment, Ikh Khural 2016, Mongolian People's Party, Party Politics, Politics, Public Opinion | Tagged | Leave a comment

Oyu Tolgoi on Track Again

Last week, this is what I tweeted AUS article abt possible progress on #OyuTolgoi negotiatons (http://t.co/ARV73N2xS6) got me thinking abt analysis for day after agreement. — Julian Dierkes (@jdierkes) May 14, 2015 It looks like the day after is upon … Continue reading

Posted in Economics, Foreign Investment, Mining, Mining, Oyu Tolgoi, Party Politics | Tagged | Leave a comment

Guest Post: Assessing Khan Resources Arbitration

Matthew Levine Following expropriation of Dornod uranium investment, Khan Resources announces conclusion of arbitration with Mongolian government Intro Khan, a mining company listed on the Toronto Stock Exchange’s venture board, its holding company, and its erstwhile joint-venture partner, recently announced … Continue reading

Posted in Business, Canada, Foreign Investment, International Agreements, International Relations | 1 Comment

Arbitration Award to Khan Resources

On Mar 2 2015 it was announced that erstwhile Canadian uranium miner Khan Resources was awarded US$100mio in arbitration proceedings administered by the Permanent Court of Arbitration based in The Hague (Netherlands). The proceedings were rooted in the 2009 cancellation … Continue reading

Posted in Canada, Foreign Investment, International Agreements, International Relations, Mining | Tagged | Leave a comment

Feeling (Politically) Pessimistic for Coming Year

It is Tsagaan Sar, so happy new year to all of Mongolia and to Mongolians! Сар шинэдээ сайхан шинэлээрэй What will the year of the sheep bring? The sheep Gestalt (зурхай) seems to expect a windy Spring and windy early parts … Continue reading

Posted in Constitution, Democracy, Democratic Party, Economics, Elections, Foreign Investment, Governance, Ikh Khural 2016, Inflation, Mongolian People's Party, Oyu Tolgoi, Party Politics, Policy, Politics, Populism, Security Apparatus | Tagged | 2 Comments

Poll Results – Direct and Indirect

PM Saikhanbileg has announced the results of the mega-projects vs austerity SMS poll. This announcement is important because we learn about this particular direct democracy initiative, but also because it included an announcement of proposals to revise the Mining Law … Continue reading

Posted in Democracy, Foreign Investment, Governance, Mining, Mining, Oyu Tolgoi, Policy, Politics, Public Opinion | Tagged | 2 Comments

Progress on Oyu Tolgoi?

The Mongolian government has been battling a homemade economic crisis for some two years now. It has been a largely self-inflicted crisis brought on by some hasty policy decisions regarding investments that have led to a massive loss of (foreign) … Continue reading

Posted in China, Foreign Investment, Foreign Policy, Mining, Mining, Oyu Tolgoi, Policy, Russia | Tagged | Leave a comment

Why are American investors struggling in Mongolia?

Unlike the 1990s, Mongolia is now in the radar of US investors. Then, Mongolians were desperate for US investors, but few responded because of the unattractive market environment, uncertain political and socio-economic development, and undeveloped regulatory framework for foreign investment. … Continue reading

Posted in Business, Foreign Investment, Mining | Tagged | 2 Comments

DFATD Announcement of FM Baird Visit

On July 22 the Canadian Department of Foreign Affairs, Trade and Development confirmed previous reporting in the Mongolia press that Foreign Minister Baird will be visiting Mongolia later this week: In his first trip to Mongolia, Baird will discuss the … Continue reading

Posted in Bilateral Aid, Canada, Development, Foreign Investment, Foreign Policy, International Relations | Tagged | Leave a comment

Mongolia – Myanmar Comparison

We are currently enjoying a visit by Dr. Aung Tun Thet to our Institute of Asian Research. Dr. Thet has worked in the UN system for a long time and is now centrally involved in policy-making in Myanmar as the … Continue reading

Posted in Economics, Foreign Investment, Mongolia and ..., Myanmar | Tagged | 2 Comments

If not an SWF then what?

At the recent World Economic Forum’s “Strategic Dialogue on the Future of Mongolia” I heard a lot of talk about the need for the Mongolian government to shed its direct involvement in the economy, but also the recommendation to rely … Continue reading

Posted in Business, Development, Economics, Foreign Investment | Tagged | 5 Comments

Solutions to the Current Economic Crisis?

Previously, I have written about economic and political aspects of the challenges currently facing Mongolia. Right now, the economic situation seems a bit like a “wicked problem” or a quagmire, and I see relatively little cause for short-term optimism, but … Continue reading

Posted in Business, Development, Economics, Foreign Investment, Governance, Inflation, Mining, Mining, Policy, Politics | Tagged | 2 Comments