Archives Economics - Page 20 of 24 - New Eastern Outlook
Successes in Mongolia’s air transport in 2023
Mongolia signed a number of international air transport agreements in October 2023. So, on October 17 of this year, the General Directorate of Civil Aviation of Mongolia signed a memorandum of understanding with the Civil Aviation Authority of Singapore and an air service agreement with Vietnam, both of which stated that the parties were willing to give up their airspace to allow free passage for their aircraft. A similar agreement was signed the day before with the Lao People’s Democratic Republic’s aviation authorities. A week earlier, namely on October 10, 2023…
The Mongolian president in France - empty ceremony or a future uranium deal?
On October 10 Mongolia’s president, Ukhnaagiin Khürelsükh, landed in Paris. Upon arrival, as he stepped onto the boarding ramp he was formally welcomed by the French Ambassador to Mongolia, the Mongolian Ambassador to France and the French Minister of Energy. On October 11, the Mongolian president had a meeting with the Mayor of Paris, Anne Hidalgo. Among the matters they touched on during their meeting were a number of the most pressing issues affecting Ulaanbaatar, Mongolia’s capital…
The Red Sea, a new front in Ethiopia’s foreign policy?
For many centuries, one of the most important elements in a country’s ability to successfully expand economically has been its ability to access marine trade routes. The capacity to significantly increase the number of trading partners and to enhance the volume and speed of cargo transportation are two of the obvious benefits of marine trade. A minimum of a modest stretch of sea or ocean coast is also necessary to avoid relying on transit through neighboring states, which helps a country achieve political independence. However, not all nations have direct access to the world’s oceans; at the moment, 44 nations only have land borders and are in some manner…








