Category Archives: Foreign Investment

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?

By Julian Dierkes 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 … 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, Diversification, Economics, Foreign Investment, Sovereign Wealth Fund | 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

Politics During the Current Economic Crisis

There is no political crisis in the sense of any conflict within parliament or between parliament and the president. Nor are there major scandals at the moment. However, there does appear to be a crisis in the sense of the … Continue reading

Posted in Business, Development, Economics, Foreign Investment, Governance, Inflation, Mining, Mining, Oyu Tolgoi, Party Politics, Policy, Politics | Tagged | Leave a comment

Anatomy of the Current Economic Crisis

Having spent last week in Ulaanbaatar, it is clear to me that the current crisis is a) more severe than I had thought, and b) more real/less perceived than I had thought. Below, I try to list elements in this … Continue reading

Posted in Business, China, Corruption, Development, Economics, Foreign Investment, Governance, Inflation, Mining, Oyu Tolgoi, Policy, Politics | Tagged | 3 Comments

Mongolia Buffeted by Global Winds

[For another version of  observations of the current situation in Mongolia, see my piece in the Wall Street Journal Asia on September 13. This piece has been  posted on the World Economic Forum blog as well.] For most of the … Continue reading

Posted in Democracy, Development, Foreign Investment, Governance, Mining, Oyu Tolgoi, Policy | Tagged | Leave a comment

2013 Presidential Candidates: Foreign Policy Proposals

With the election right around the corner, we thought it would be helpful to offer a brief comparison of the foreign policy proposals from the three candidates. Since setting foreign policy measures is one of the primary roles of the … Continue reading

Posted in Elections, Foreign Investment, Foreign Policy, International Relations, Nationalism, Politics, Presidential 2013 | Tagged | 5 Comments

Udval Election Platform

Speculation about some kind of Udval retreat notwithstanding, based on information contributed by and co-written with Brian White at The Mongolist, we discuss Udval’s election platform here. Broad Goals Similar to the other candidates, Minister of Health N Udval intends … Continue reading

Posted in China, Corruption, Elections, Foreign Investment, Governance, Judiciary, Mongolian People's Revolutionary Party, Policy, Politics, Presidential 2013, Social Media | Tagged | 1 Comment