Category Archives: Foreign Investment

Politics in Late Summer 2015

By Julian Dierkes 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 … Continue reading

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

Oyu Tolgoi on Track Again

By Julian Dierkes 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 … Continue reading

Posted in Economics, Foreign Investment, JD Mining Governance, 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

By Julian Dierkes 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 … Continue reading

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

Feeling (Politically) Pessimistic for Coming Year

By Julian Dierkes 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 … Continue reading

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

Poll Results – Direct and Indirect

By Julian Dierkes 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 … Continue reading

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