1 WHY IS MONGOLIA OVERDOSING ON ANTIBIOTICS WWW.OZY.COM PUBLISHED:2018/12/16      2 MONGOLIA'S CENTRAL BANK KEEPS KEY INTEREST RATE UNCHANGED WWW.XINHUANET.COM PUBLISHED:2018/12/15      3 OVER 36,500 SIGN PETITION URGING UN ATTENTION TO AIR POLLUTION IN MONGOLIAN CAPITAL WWW.XINHUANET.COM PUBLISHED:2018/12/15      4 EXPERTS WARN OF POTENTIAL OBSTRUCTION TO EXPORT PLAN IN 2019 WWW.ZGM.MN PUBLISHED:2018/12/14      5 MONGOLIA'S CRIME CASES UP 14.6 PCT IN FIRST 11 MONTHS WWW.XINHUANET.COM PUBLISHED:2018/12/14      6 CANADIAN COAL PLANTS TO BE PHASED OUT BY 2030 WWW.MINING.COM PUBLISHED:2018/12/14      7 MONGOLIA TO INAUGURATE TRADE REPRESENTATIVES OFFICE IN TOKYO WWW.ZGM.MN PUBLISHED:2018/12/14      8 NORTH KOREAN ATHLETES TO PARTICIPATE IN MONGOLIA’S BASKETBALL LEAGUE WWW.NEWS.MN PUBLISHED:2018/12/14      9 US CITIZEN FOUND DEAD IN UB HOTEL WWW.NEWS.MN PUBLISHED:2018/12/14      10 JAPAN, MONGOLIA CONFIRM COOPERATION OVER N. KOREAN ABDUCTION ISSUE WWW.MAINICHI.JP PUBLISHED:2018/12/14      ҮСХ: НҮҮРСНИЙ ЭКСПОРТ САРЫН ДҮНГЭЭР 38%-ИАР БУУРАВ WWW.MONGOLIANMININGJOURNAL.COM НИЙТЭЛСЭН:2018/12/14     МАЛ ТООЛЛОГО ҮРГЭЛЖИЛЖ БАЙНА WWW.EAGLE.MN НИЙТЭЛСЭН:2018/12/14     CHANGE.ORG: УЛААНБААТАР ХОТЫН АГААРЫН БОХИРДЛЫН ЭСРЭГ ӨРГӨДӨЛ 35 МЯНГАН ДЭМЖИГЧТЭЙ БОЛЛОО WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/12/14     990 АЙЛЫГ 0,4КВТ-ЫН ЭРЧИМ ХҮЧНИЙ ЭХ ҮҮСВЭРТ ХОЛБОЛОО WWW.UNUUDUR.MN  НИЙТЭЛСЭН:2018/12/14     МОНГОЛ, ЯПОН ХОЁР УЛСЫН ЕРӨНХИЙ САЙД НАР ХАМТАРСАН МЭДЭГДЭЛ ГАРГАВ WWW.NEWS.MN НИЙТЭЛСЭН:2018/12/14     УЛААНБААТАР ХОТЫН ИНФЛЯЦИ 9.3 ХУВЬ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/12/14     ЧАНАРГҮЙ ЗЭЭЛИЙН ХЭМЖЭЭ ӨМНӨХ ОНЫ МӨН ҮЕЭС 911 ТЭРБУМ ТӨГРӨГӨӨР ӨСЛӨӨ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/12/14     АЛТНЫ ИЛ ТОД БАЙДАЛ ХУМИГДАЖ БОЛЗОШГҮЙ WWW.ZGM.MN НИЙТЭЛСЭН:2018/12/14     АГААРЫН БОХИРДЛЫГ БУУРУУЛАХАД БНСУ-ЫН БАНКНААС 60 САЯ АМ.ДОЛЛАР ЗЭЭЛНЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/12/13     2019 ОНД ЭКСПОРТЫН ОРЛОГО ТӨЛӨВЛӨСӨН ХЭМЖЭЭНД ХҮРЭХГҮЙ БАЙХ БОДИТ ЭРСДЭЛ БАЙНА ГЭЖ ЭДИЙН ЗАСАГЧИД АНХААРУУЛАВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/12/13    

Mongolia president appeals to US for trade to protect democracy www.channelnewsasia.com

 

ULAANBAATAR: Mongolia's president has appealed to U.S. President Donald Trump for more trade between their countries, saying an economic downturn has threatened to destabilise the young Asian democracy sandwiched between China and Russia.

Mongolia's role as an "oasis of democracy" in a region where authoritarianism in on the rise "does not contribute to economic development", Mongolian President Khaltmaa Battulga said in a letter to Trump dated March 12 and published on his website.

Battulga said prosperity was coming too slowly.

"Ordinary Mongolian citizens have become discouraged by democracy and have begun to doubt our choice," he said.

Mongolia is emerging from an economic crisis after agreeing to a US$5.5 billion (£3.9 billion) economic bailout from the International Monetary Fund last year, which helped stabilise its currency and relieve debt pressures.

A resurgence in the coal trade in the region also helped boost growth to 5.1 percent last year compared with just 1 percent in 2016.

But Mongolia exported just US$8.3 million worth of goods to the United States last year, according to Mongolia's National Statistics Office. Its total exports stood at US$6.2 billion, with the bulk going south to China.

Trade with the United States was less than 2 percent of its total last year, and a U.S. decision to allow imports of Mongolian clothing would help ensure economic stability, Battulga said.

He also called for easier visa conditions for Mongolian citizens.

The United States is one of Mongolia's so-called Third Neighbours, which Mongolia uses to balance relations with heavyweight neighbours China and Russia.

Battulga told Trump that U.S. trade and investment could help prevent Mongolia from moving in a more authoritarian direction.

"I am confident that supporting Mongolia's economic security will play a prominent role in your country's foreign policy," he wrote.

(Reporting by Terrence Edwards; Editing by David Stanway, Robert Birsel)

Source: Reuters



Published Date:2018-03-13