Mongolia Trade & Road To Market

Mongolia trade strategy seeks to implement market-oriented reforms and to reduce reliance on the mining industry.

Comparatively, import & export taxes are low and the country does not have any customs barriers. Mongolia has the ability to become a competitive center because of its strategic position between Russia and China’s two largest emerging markets. Mongolia is blessed with substantial resources and proximity to major regional markets. As one of the world’s leading mineral resources, Mongolia has over 8 thousand occurrences of 1170 minefields of 80 types of mineral deposits.