Archives Economics - Page 20 of 24 - New Eastern Outlook

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…

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…

The first article in the series on the development of transport infrastructure in Mongolia described Mongolia’s projects in the field of railway transport implemented in 2022-2023. This second article provides a brief overview of the projects of Mongolian colleagues in the same field, which are currently being developed and have not yet reached the construction stage. The Mongolian long-term rail construction program up to the year 2030 is included in the country’s overall development programme “Long-Term Vision – 2030”, which, in turn, is a more detailed and structured part of the “Long-Term Vision – 2050” program. As part of the 2030 program (the projects described in the previous…