Luvsannamsrain Oyun-Erdene Explained

Oyun-Erdene Luvsannamsrain
Office:32nd Prime Minister of Mongolia
Term Start:27 January 2021
President:Khaltmaagiin Battulga
Ukhnaagiin Khürelsükh
Predecessor:Ukhnaagiin Khürelsükh
Office1:Member of State Great Khural
Term Start1:5 July 2016
Term End1:30 June 2020
Constituency1:41th, Khentii Province
Term Start2:30 June 2020
Term End2:2 July 2024
Constituency2:18th, Khentii Province
Term Start3:2 July 2024
Constituency3:6th,
Dornod, Khentii, Sükhbaatar Provinces
Office4:Chief Cabinet Secretary of Mongolia
Term Start4:2 February 2019
Term End4:27 January 2021
Primeminister4:Ukhnaagiin Khürelsükh
Predecessor4:Gombojavyn Zandanshatar
Successor4:Tsendiin Nyamdorj
Office5:Chairman of the Mongolian People's Party
Term Start5:25 June 2021
Predecessor5:Ukhnaagiin Khürelsükh
Office6:President of Social Democracy Mongolian Youth Union
Term Start6:September 2010
Term End6:21 June 2015
Predecessor6:Gombojavyn Zandanshatar
Successor6:Ganzorigiin Temüülen
Birth Date:29 June 1980
Birth Place:Ulaanbaatar, Mongolian People's Republic
Party:Mongolian People's Party
Spouse:Boldyn Tuul
Children:3

Oyun-Erdene Luvsannamsrai[1] (; born 29 June 1980) is a Mongolian politician who has served as the 32nd Prime Minister of Mongolia since 27 January 2021. He was reappointed to the position by the State Great Khural (Mongolia's parliament) on July 5 2024,[2] following the Mongolian People's Party's victory in the 2024 parliamentary elections, and currently leads a cross-party coalition government.[3]

Oyun-Erdene was born in Ulaanbaatar in 1980 but was raised in Berkh, a village on the Eastern Mongolian Steppes. Oyun-Erdene obtained degrees in both journalism and law[4] in Mongolia before obtaining a Master's degree in Public Policy from Harvard University. At 21, Oyun-Erdene managed the governor's office in Berkh. He later worked abroad with the NGO World Vision, an experience that made him more aware of the challenges facing his own country. Before entering politics, Oyun-Erdene became well-known for his activism against corruption.[5] His leadership during the 2018 protests against government corruption, which saw the participation of over 30,000 citizens, helped cement his reputation as a reformist and paved the way for his succession to Prime Minister in 2021.[6] [7]

Oyun-Erdene's political career took off after his election to the State Great Khural, and his rise up the ministerial ranks was rapid. As Chief of the Cabinet Secretariat of Mongolia from 2019, he took a leading role in efforts to modernise Mongolia's economy through greater use of digital technology, including through drafting a five-year program to expand the country's digital infrastructure.[8] Oyun-Erdene also made his name at this time as a vocal advocate for judicial reform in Mongolia. He gained attention for his criticism of the justice system after the controversial release of executives involved in a money laundering case related to the purchase of Erdenet Mining Corporation shares.[9]

He is a leading figure in Mongolia's modernization efforts, with his time as Prime Minister, seeing Mongolia's level of economic growth rank among the highest in the world following the COVID-19 pandemic, the country's credit rating being upgraded, moves towards economic diversification, an ambitious program to combat corruption, and Mongolia strengthening ties with nations outside of its immediate neighbourhood. Oyun-Erdene has positioned himself as part of a global wave of younger leaders focused on modernization, digital transformation, and progressive policy-making.[10]

In 2021, Oyun-Erdene launched the "New Recovery Policy", a blueprint for tackling long-term barriers to Mongolia's development, in line with the country's "Vision 2050" ambition to become a leading country in its region by the middle of this century.[11]

Early Life and Education

Luvsannamsrain "Oyuka" Oyun-Erdene was born in Ulaanbaatar in 1980 but was raised in Berkh, a village on the Eastern Mongolian Steppes. Berkh is about 500 kilometers from Ulaanbaatar and known for its fluorspar mine, a mineral rich in calcium and flourine. Berkh has a livestock population ten times larger than its human population.[12]

In the 1980s, Berkh was home to around 10,000 people, the community included Mongolian, Russian, and Kazakh workers, along with prisoners sentenced to labor in the mine. The town's Soviet influence was evident in the hammer and sickle symbols on buildings. Berkh had a few restaurants serving traditional Mongolian dishes and vodka, and its cultural center hosted music and dancing on weekends. Winters were severe, with temperatures dropping to −40°C, and coal smoke often darkened the sky. The hum of the nearby mine was a constant presence in the town.[13]

As a child, Oyun-Erdene struggled with a severe speech impediment until the age of five, when he overcame it with the patient guidance of his grandfather. His grandfather, a respected Buddhist abbot, chess master, and teacher of mathematics and Mongolian language, passed down the patronymic Luvsannamsrai to him.[14]

Oyun-Erdene excelled academically, obtaining degrees in both journalism and law in Mongolia before obtaining a Master's degree in Public Policy from Harvard University in 2015. His time at Harvard provided him with a global perspective on governance and economic development, which has influenced his policies through his career.[15]

Early Career

At 21, Oyun-Erdene managed the governor's office in Berkh. He later worked abroad with the NGO World Vision as a Regional Director, an experience that made him more aware of the challenges facing his own country.[16] Reflecting on this, he expressed his dismay at seeing how "bureaucratic, corrupt, and politically divided" Mongolia had become compared to much of the world.[17]

Following his time at World Vision, he went on to work in politics as Head of Social Development Division of the Governor's Office of Bayanzukh District of Ulaanbaatar in 2008. He then worked his way up in the Mongolian People's Party, first as Head of Governing Council's Secretariat of the Mongolian People's Party, then President of the Social Democratic Youth Union of Mongolia, Secretary of the party, and finally acting Secretary-General before becoming a Member of Parliament for the party in 2016.[18]

Chief of the Cabinet Secretariat of Mongolia

Oyun-Erdene's political career took off after his election to the State Great Khural, and his rise up the ministerial ranks was rapid. As Chief of the Cabinet Secretariat of Mongolia from 2019, he took a leading role in efforts to modernise Mongolia's economy through greater use of digital technology, including through drafting a five-year program to expand the country's digital infrastructure.

The first action of this program was rolling-out E-Mongolia, an online platform which provides 182 different services to citizens. Upon the launch of E-Mongolia, Oyun-Erdene said that "At minimum, MNT 10 billion could be cut on annual expenses related to paper-based document filings and postal services with the help of the full digitization of government services".[19] To date, the platform has helped drive the digitalisation of over 2,000 government services, and approximately 75% of the Mongolian adult population actively uses the platform for accessing services such as company registrations and passport renewals. The Government is now moving towards 90% of its services being digitised.

Oyun-Erdene also made his name at this time as a vocal advocate for judicial reform in Mongolia. He gained attention for his criticism of the justice system after the controversial release of executives involved in a money laundering case related to the purchase of Erdenet Mining Corporation shares.[20] He highlighted the need for parliamentary unity to address corruption and ensure justice in high-profile cases, emphasizing that the fight for justice in Mongolia often faces significant obstacles within the legal framework.

During his time as Chief of the Cabinet Secretariat, Oyun-Erdene also assisted in amending the Constitution of Mongolia. The 2019 amendments strengthened the powers of the Prime Minister.

Prime Minister of Mongolia

In January 2021, Oyun-Erdene became Prime Minister of Mongolia following the resignation of Ukhaagiin Khürelsükh. He reshuffled his cabinet and appointed new ministers on August 30, 2022,[21] and again following the 2024 parliamentary election and formation of the new cross-party government.

His administration is widely recognized for its forward-thinking policies aimed at transforming Mongolia's economy and positioning the country as an increasingly important player on the international stage.

Oyun-Erdene's rise to Prime Minister marked the emergence of a new generation of leadership in Mongolia, characterized by fresh perspectives and international experience. Oyun-Erdene brought a global outlook to governance, signalling a break from the older political class that had dominated since Mongolia's 1990 democratic revolution. His leadership appealed to younger Mongolians and professionals abroad (some of whom moved back to Mongolia), with his focus on modernization, innovation, and long-term development through Vision 2050.[22] [23]

Oyun-Erdene's emphasis on digital transformation and economic diversification inspired many Mongolians living overseas to return home, motivated by a shared vision of creating a prosperous, globally connected Mongolia. His policies, centered on sustainable growth in sectors like technology, tourism, and digital services, fostered trust in the country's future, attracting not only expatriates but also foreign talent. This return of skilled professionals has been essential to Oyun-Erdene's broader vision, accelerating Mongolia's integration into the global economy.[24] [25] [26]

Vision 2050

When Oyun-Erdene became Prime Minister in January 2021, he immediately made the implementation of Vision 2050 a central pillar of his government's agenda. His administration prioritized aligning national policies with the vision's ambitious goals.[27] One of his top priorities was economic diversification—a response to Mongolia's over-reliance on its mining sector, which accounts for a significant portion of the nation's GDP.[28] Under his leadership, efforts were made to promote sectors such as technology, tourism, and manufacturing, positioning Mongolia to better withstand economic fluctuations and create sustainable, long-term growth.[29] As the Prime Minister said in his address at the 2023 Mongolia Economic Forum, ""Mongolia is landlocked, but not mind locked."[30]

A key aspect of Oyun-Erdene's leadership has been his focus on digital transformation. Recognizing the importance of technology in modern governance and economic competitiveness, he has spearheaded initiatives to digitalize government services and promote e-governance.[31] This shift to digital platforms has improved transparency, reduced inefficiency, and made public services more accessible to Mongolian citizens. Oyun-Erdene has emphasized that this transformation is not just about improving governance but also about preparing Mongolia to thrive in a global economy that increasingly relies on technology and innovation.[32]

New Recovery Policy

In December 2021, Prime Minister Oyun-Erdene launched the New Recovery Policy as part of Mongolia's Vision 2050 to revitalize the economy post-COVID-19. Focused on six pillars—border ports, energy, industrialization, urban and rural development, green development, and state efficiency—the policy aims to tackle long-standing economic challenges and promote sustainable growth.[33]

By 2022, Mongolia's economy grew by 4%,[34] reducing the national budget deficit by 60%, boosting exports, and fully repaying the $1.5 billion 'Chinggis Bond'. The economy became the second fastest-growing in the world in 2023, with GDP per capita rising from $4,000 to $5,678. In 2024, Fitch Ratings upgraded Mongolia's credit rating to B+, citing strong growth in mining, fiscal management, and key reforms.[35] [36] [37]

Infrastructure development has been key, including the completion of the Zuunbayan-Khangi rail link, major highway construction, and new power projects. Since 2021, 7,000 km of highways have been built, and five new border ports opened, helping foreign trade hit a record $24.4 billion in 2023. Renewable energy capacity has expanded, with significant hydroelectric and solar power projects underway.[38] [39]

Looking ahead, priorities include further power plant enhancements, renewable energy projects, and a national satellite program. The European Bank for Reconstruction and Development (EBRD) predicts Mongolia's GDP growth will reach 5.0% in 2024 and 8.0% in 2025,[40] driven by mining, private consumption, and fiscal expansion. Mongolia is recognized for its strong economic growth, particularly in Asia.[41]

Welcoming more tourists to Mongolia

Tourism has also been a key priority for the Oyun-Erdene administration, as it seeks to increase the number of tourists to one million annually and beyond.

In November 2022, the government launched a campaign to position Mongolia as an attractive destination for international tourists, declaring 2023-2025 as the "Years to Visit Mongolia."[42] Central to this effort was the 'Welcome to Mongolia' initiative, designed to streamline travel processes, modernize the visa system, and lower travel costs. [43]

Key milestones include the introduction of visa-free travel for South Korean citizens in mid-2022[44] and the January 2023 decision to exempt nationals from 34 countries from visa requirements for tourism.[45] In August 2023, during a visit to the United States, Oyun-Erdene announced plans for direct flights between Mongolia and the U.S., set to commence in 2024.[46]

In December 2023, the Prime Minister launched the "Go Mongolia" National Brand.[47] The initiative is designed to promote tourism as well as portray a unified national identity, encompassing economic and social development and an emphasis on core national values. Mongolia welcomed a record 594,000 tourists in 2023, boosting the country's economy by $1.3 billion.

Accelerating Mongolia's digital transformation

Efforts to transition Mongolia into a more digitally-oriented economy have also been accelerated during Oyun-Erdene's time as Prime Minister.

In December 2022, Oyun-Erdene's government launched its new online procurement portal, "Mindgolia", to boost the country's tech sector and to transition the country's economy "from mining to mind."[48] The website allows companies to search for products by software category, view reviews, and choose products and services by looking at other people's ratings of them.[49]

In April 2023, Oyun-Erdene launched the E-Business online platform to help businesses start and grow more easily, cutting down on bureaucracy and waiting times by streamlining exchanges between government and business.[50] At the Mongolia Economic Forum in July 2023, the government announced an agreement with SpaceX and Starlink to launch a new era of high-speed internet connectivity.[51] Mongolia now has two licenses for SpaceX to operate as an internet provider in Mongolia using low-orbit satellites. Since 1 March 2024, Starlink's high-speed internet has been available across 70% of Mongolia's territory.

In August 2023, during Oyun-Erdene's official visit to the United States, it was announced that Google would be partnering with Mongolia to enhance the digital skills of Mongolian teachers and young people, including the provision of 20,000 Chromebooks to schools.[52]

The success of Mongolia's digital transformation efforts has been recognised by leading international metrics. In September 2024, the latest edition of the UN's respected E-Government Index, which assesses nations' progress across the different dimensions of e-government, saw Mongolia climb 28 places in just two years to reach 46th place. Mongolia also climbed 20 places to 37th on the E-Participation Index, which measures citizens' engagement with government through digital platforms.[53]

Growing and reforming the mining sector

Mining remains a vital part of Mongolia's economy under Oyun-Erdene's leadership, with major reforms aimed at enhancing its benefits for the population. In March 2023, Oyun-Erdene and Rio Tinto's CEO celebrated the start of underground copper production at the Oyu Tolgoi mine.[54] This milestone positions Mongolia as a major player in global copper production, with the project expected to yield an annual average of 500,000 tons of copper from 2028 to 2036, which could support the production of approximately 6 million electric vehicles per year.[55] The Oyu Tolgoi operation, employing around 20,000 workers (97% of whom are Mongolian), has invested $15 billion in the local economy, including $4 billion in taxes and other payments since 2010.[56]

At the ceremony, Oyun-Erdene highlighted the collaborative efforts with Rio Tinto to boost economic diversification through Mongolia's Vision 2050 and New Recovery Policy. These initiatives focus on sustainable development, with the Natural Wealth Fund launched in 2024 to direct resource revenues toward diversification efforts. Coal exports also increased significantly under his leadership, from 36 million tons in 2021 to 70 million tons in 2023, generating 6.6 trillion MNT in revenue.[57]

The state-owned Erdenet Mining Corporation, which returned to public ownership, has seen a marked rise in profitability, contributing 1.9 trillion MNT in taxes by 2023, up from 180 billion MNT in 2016. The Corporation now pays dividends to citizens, with the amount projected to reach 500,000 MNT per person in 2024.[58] In September 2024, Oyun-Erdene's government launched an international recruitment process for Erdenes Tavan Tolgoi JSC management to strengthen governance, transparency, and efficiency within the state-owned enterprise.[59]

Tackling corruption and strengthening Mongolia's democracy

During the December 2022 Mongolian protests, thousands protested in Mongolia's capital against alleged corruption in Mongolia's coal industry and inflation.[60] Following these protests and as part of the New Recovery Policy's commitment to tackling corruption, the Prime Minister put forward an initiative to change the governance of Erdenes Tavan Tolgoi JSC (ETT), making the company public. This was aimed at improving transparency within the mining sector.[61] The Prime Minister also set up a six-month investigation into ETT.[62] In January 2023, Mongolia took further steps to crack down on corruption by passing the Commodities Exchange Law, which requires state-owned enterprises to trade export commodities on a new mining commodity exchange.[63]

In January 2023, Mongolia's anti-corruption authority announced that over 30 officials, including the chief executive of Erdenes Tavan Tolgoi, were under investigation for embezzlement.[64] In July 2023, Mongolia became the first APAC country to implement all 40 recommendations from the Financial Action Task Force, and the fifth globally.[65] [66]

In May 2023, the Mongolian Parliament passed constitutional amendments to enlarge the legislative body, from 76 members to 126, and adopt a more proportional electoral system for the 2024 elections. Oyun-Erdene stated that the proportional system would prevent the government from being used for private gain.[67]

Since 2021, the Government's Anti-Corruption Programme has led to 2.4 trillion MNT being seized back from corrupt individuals, and $12.2 million being repatriated back to Mongolia. According to some estimates, losses from corruption in Mongolia declined by 83.1% between 2022 and 2023, from 5 trillion MNT to 85 billion MNT.[68]

Promoting Mongolia on the world stage

On the international front, Oyun-Erdene has worked to strengthen Mongolia's relationships with key global partners in line with the country's "Third Neighbour" policy, which seeks to strengthen the country's ties with nations outside its immediate neighbourhood.[69]

In October 2022, Oyun-Erdene visited Germany and met with Chancellor Scholz, during which both sides re-iterated their desire for closer co-operation. This was followed by the two countries entering into a strategic partnership in February 2024.[70]

The Prime Minister's visit to South Korea in February 2023 resulted in a new committee being formed on the rare material supply chain.[71] Memorandums of Understanding were signed with South Korea's KT Group to explore potential opportunities in digital transformation businesses, mineral resources and digital finance-related ventures.[72] Additionally, Oyun-Erdene agreed to support South Korea's bid to host the World Expo in the southern city of Busan in 2030 during the trip, saying that "the more South Korea prospers the more beneficial it will be to all Asian countries."[73] This was followed by Oyun-Erdene making a working trip to South Korea in March-April 2024, during which he launched the country's new "Go Mongolia" national brand and met South Korea's Prime Minister Han Duk-soo.[74]

Oyun-Erdene made an official visit to the United States of America in August 2023. During his visit to Washington D.C., the Prime Minister agreed with representatives of the Biden administration to deepen cooperation on mining rare earth metals and other minerals which could be of use to high-tech appliances.[75] Upon meeting Vice President Kamala Harris, Oyun-Erdene said he made clear "the importance of U.S. investment and involvement with mega projects in Mongolia" and highlighted that Mongolia's links with the USA were not just of economic nature, saying that the country is "the North Star for Mongolia's market economy and democratic values."[76]

In February 2024, Mongolia and the United Arab Emirates signed a Memorandum of Understanding (MoU) to agree cooperation on artificial intelligence (AI) development and governance.[77] Under the terms of the agreement, both countries will work on "joint research projects, exchange of policies related to AI, and co-operation on capacity building as well as other means to support the development of AI."

Then British Foreign Secretary David Cameron visited Mongolia in April 2024 as part of a diplomatic tour of Central and East Asia.[78] As part of the trip, Cameron visited the Prime Minister's Ikh Tenger residence and toured secondary school No. 23 in Ulaanbaatar, where he announced that the UK will provide £10 million over three years to support the implementation of the English language program in Mongolia.[79]

In August 2024, US Secretary of State Antony Blinken, while on an official state visit to Mongolia, met with Oyun-Erdene, during which the two shared their satisfaction with the development of commitments and bilateral relations to further Mongolia's 'Third Neighbor Policy' through the consolidation and expansion of relations relating to politics, economics, defense, education, people-to-people, culture and humanitarianism.[80]

External links

Notes and References

  1. Web site: Full CV of Oyunerdene . The State Great Hural . Government of Mongolia . 9 December 2023.
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  4. News: Campbell . Charlie . Mongolia's Prime Minister Wants to Transform the Country. That Means Looking Beyond Russia and China . 5 November 2024 . TIME . 9 August 2022.
  5. Web site: Prime Minister Oyun-Erdene Luvsannamsrai MC/MPA 2015 is looking ahead to Mongolia's long-term development . Harvard Kennedy School . Harvard College . 5 November 2024.
  6. News: Mongolia's Next Election Will Feature New Types of Candidates. Bulgan Batdorj and Julian Dierkes. 22 May 2020. 29 June 2020.
  7. Web site: Economic concerns high as Mongolia holds national elections. DailyHerald Web. 23 June 2020.
  8. Web site: Mongolian parliament appoints 3 new ministers. https://web.archive.org/web/20200813092853/http://www.xinhuanet.com/english/2019-02/02/c_137795498.htm. dead. 13 August 2020. Xinhuanews Web. 5 Feb 2019.
  9. News: Munkhzul . A. . L.Oyun-Erdene: This is a clear depiction of where the fight for justice halts . 5 November 2024 . Montsame . 7 March 2019.
  10. Web site: B. . Lkhaajav . 14 April 2022 . Mongolia Highlights 'New Recovery Policy' at Economic Forum .
  11. Web site: B. . Lkhaajav . 14 April 2022 . Mongolia Highlights 'New Recovery Policy' at Economic Forum .
  12. Book: Nylander . Johan . The Wolf Economy Awakens . Hong Kong University Press . 3.
  13. Book: Nylander . Johan . The Wolf Economy Awakens . Hong Kong University Press . 1.
  14. News: Campbell . Charlie . Mongolia's Prime Minister Wants to Transform the Country. That Means Looking Beyond Russia and China . 5 November 2024 . TIME . 9 August 2022.
  15. News: Campbell . Charlie . Mongolia's Prime Minister Wants to Transform the Country. That Means Looking Beyond Russia and China . 5 November 2024 . TIME . 9 August 2022.
  16. Web site: SHORT CURRICULUM VITAE OF PRIME MINISTER L.OYUN-ERDENE . Embassy of Mongolia - to the USA . 5 November 2024.
  17. News: Campbell . Charlie . Mongolia's Prime Minister Wants to Transform the Country. That Means Looking Beyond Russia and China . 5 November 2024 . TIME . 9 August 2022.
  18. Web site: SHORT CURRICULUM VITAE OF PRIME MINISTER L.OYUN-ERDENE . Embassy of Mongolia - to the USA . 5 November 2024.
  19. News: Baljmaa . T. . 'E-Mongolia' electronic platform launched to provide 181 government services . 5 November 2024 . Montsame . 2 October 2020.
  20. News: Munkhzul . A. . L.Oyun-Erdene: This is a clear depiction of where the fight for justice halts . 5 November 2024 . Montsame . 7 March 2019.
  21. Web site: Adiya . Amar . 2022-09-10 . Mongolia Unveils New Pro-Business Cabinet . 2022-09-11 . Mongolia Weekly . en.
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  23. News: Lkhaajav . Bolor . An Interview With the Prime Minister of Mongolia . 5 November 2024 . The Diplomat . 9 May 2023.
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  25. News: Lkhaajav . Bolor . An Interview With the Prime Minister of Mongolia . 5 November 2024 . The Diplomat . 9 May 2023.
  26. Web site: Prime Minister Oyun-Erdene Luvsannamsrai MC/MPA 2015 is looking ahead to Mongolia's long-term development . Harvard Kennedy School . Harvard College . 5 November 2024.
  27. News: Lkhaajav . Bolor . An Interview With the Prime Minister of Mongolia . 5 November 2024 . The Diplomat . 9 May 2023.
  28. Web site: "VISION-2050" LONG-TERM DEVELOPMENT POLICY OF MONGOLIA . Cabinet Secretariat of Government of Mongolia . 5 November 2024.
  29. News: Dierkes . Julian . Lkhaajav . Bolor . With New PM, a New Generation Taking Charge in Mongolia . 5 November 2024 . The Diplomat . 27 January 2021.
  30. News: Jhargal . S. . Prime Minister L. Oyun-Erdene: "Mongolia is landlocked, but not mind locked." . 5 November 2024 . Mpress.mn . 9 July 2023.
  31. News: Dierkes . Julian . Lkhaajav . Bolor . With New PM, a New Generation Taking Charge in Mongolia . 5 November 2024 . The Diplomat . 27 January 2021.
  32. Web site: Prime Minister Oyun-Erdene Luvsannamsrai MC/MPA 2015 is looking ahead to Mongolia's long-term development . Harvard Kennedy School . Harvard College . 5 November 2024.
  33. Web site: B. . Lkhaajav . 14 April 2022 . Mongolia Highlights 'New Recovery Policy' at Economic Forum .
  34. News: GDP of Mongolia grows by 4.8%. AKI Press. 21 February 2023.
  35. News: Government of Mongolia: Mongolia Becomes the First Single-B Rated Issuer From Asia-Pacific to Successfully Enter the International Debt Markets in 2023 . The Korea Herald. 13 January 2023.
  36. Web site: E. . Kahliun . 12 June 2022 . Mongolia pays off USD 1.5 billion Chinggis Bond . Montsame.
  37. News: Fitch Upgrades Mongolia to 'B+'; Outlook Stable . 5 November 2024 . Fitch Ratings . 18 September 2024.
  38. News: 'Borkh' Solar power plant, 'Tsengeg' Battery storage power station . MCS . 23 January 2023.
  39. News: ADB Commissions Off-Grid Renewable Hybrid Energy System in Altai, Mongolia . Asian Development Bank . 1 August 2022.
  40. Web site: Mongolia overview . European Bank for Reconstruction and Development . 5 November 2024.
  41. News: Mongolia's Economy Recovering, Risks Remain: World Bank Report . 5 November 2024 . World Bank Group . 10 May 2024.
  42. Web site: Buyanaa . L. . 29 November 2022 . Revised Draft of Law on Tourism Submitted . Montsame.
  43. Web site: Buyanaa . L. . 14 December 2022 . D. Gantumur: "The Years to Visit Mongolia" will be a Stimulus for the Rapid Recovery of Tourism . Montsame.
  44. Web site: Son . Ji-hyoung . 19 February 2023 . [Herald Interview] Mongolian PM wants to use Busan as outlet for trade corridor ]. The Korea Herald.
  45. Web site: Buyanaa . L. . 6 January 2023 . Temporary Exemption from Visa Requirements for Citizens of Some Countries to Visit Mongolia . Montsame.
  46. News: U.S. and Mongolia strengthen strategic partnership as direct flights planned for 2024 . Associated Press . 2 August 2023.
  47. News: Sambuunyam . M. . Mongolia to Boost Tourism under Brand Name "GoMongolia" in 2024 . 5 November 2024 . 2 January 2024.
  48. News: Mongolian Government provides major boost to the country's thriving tech sector with launch of 'Mindgolia' procurement portal . Yahoo! Finance . 22 December 2022.
  49. News: Mindgolia . Mongolian Software Industry Association.
  50. News: NEW MONGOLIAN E-BUSINESS PLATFORM TO MAKE IT EASIER TO START AND GROW A BUSINESS . Associated Press . 11 April 2023.
  51. Web site: Woo . Ryan . 7 July 2023 . Elon Musk's SpaceX to launch satellite internet service in Mongolia . Reuters.
  52. Web site: Butts . Dylan . 6 August 2023 . Mongolia signs digital skills partnership with Google as landlocked nation seeks closer ties with US . South China Morning Post.
  53. Web site: Mongolia . UN E-Government Knowledgebase . United Nations . 5 November 2024.
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  56. News: Underground production celebrated at Oyu Tolgoi . Rio Tinto . 13 March 2023.
  57. News: Rio Tinto commences underground production at Oyu Tolgoi . Mining Technology . 13 March 2023.
  58. News: Baljmaa . T. . Prime Minister Oyun-Erdene works at Erdenet Mining Corporation . 5 November 2024 . Montsame . 17 May 2021.
  59. News: Amrida . G. . Erdenes Tavan Tolgoi JSC Administration to Be Selected through Open International Bidding . 5 November 2024 . Montsame . 26 September 2024.
  60. News: Protesters in Mongolia try to storm state palace . Al Jazeera . 6 December 2022.
  61. News: Davaasharav . Munkhchimeg and David Stanway . Mongolia to take mining firm public after protests over graft . Reuters . 13 December 2022.
  62. News: Davaasharav . Munkhchimeg . Mongolians brave bitter cold to protest 'coal theft' corruption . Reuters . 8 December 2022.
  63. News: Mongolia sets up commodity exchange. . Mining Journal . 3 January 2023.
  64. News: Protesters in Mongolia try to storm state palace . Al Jazeera . 6 December 2022.
  65. News: Enkhbat . S. . Mongolia Becomes First Country in Asia for Complete Implementation of FATF Recommendations . 5 November 2024 . Montsame . 28 September 2023.
  66. News: Chakraborty . Ranamita . Mongolia Becomes First APAC Country to Implement All FATF Recommendations . Regulation Asia . 3 August 2023.
  67. News: Lkaajav . Bolor . Mongolia's Constitutional Reform Enlarges Parliament, Advances a Mixed Electoral System . The Diplomat . 2 June 2023.
  68. News: Lkhaajav . Bolor . Mongolia Commits to Fighting Corruption With International Help . 5 November 2024 . The Diplomat . 6 February 2024.
  69. News: Gracefoo . Antonio . Mongolia's "Third Neighbor": Balancing between China, Russia, and the U.S. . 5 November 2024 . Geopolitical Monitor . 28 August 2024.
  70. News: Germany and Mongolia enter into strategic partnership . 5 November 2024 . Reuters . 7 February 2024.
  71. News: Son . Ji-hyoung . Korea, Mongolia pledge rare earths cooperation . 5 November 2024 . The Korea Herald . 15 February 2023.
  72. News: Lee . Seung-Woo . KT Group signs MOUs with Mongolian firms to explore joint opportunities . 5 November 2024 . The Korea Economic Daily . 15 February 2023.
  73. News: Kim . Seung-yeon . Mongolia endorses S. Korea's World Expo bid . 5 November 2024 . Yonhap News Agency . 14 February 2023.
  74. News: Nyambayar . B. . Prime Ministers of Mongolia and the Republic of Korea Hold Meeting . 5 November 2024 . Montsame . 2 April 2024.
  75. News: Brunnstrom . David . Lewis . Simon . US discussed 'creative ways' to help landlocked Mongolia export rare earths, officials say . 5 November 2024 . Reuters . 4 August 2023.
  76. News: Kine . Phelim . Mongolia wants to get closer to the U.S. without rattling 'eternal neighbors' Russia and China . 5 November 2024 . Politico . 3 August 2023.
  77. News: Robertson . Derek . The metaverse puts its best foot forward . 5 November 2024 . Politico . 15 February 2024.
  78. News: Lloyd . Nina . Lord Cameron joins language lesson and pets horses during Mongolia visit . 5 November 2024 . The Standard . 27 April 2024.
  79. News: UK plans to allocate £10 million support for English language program in Mongolia . 5 November 2024 . AKIpress . 30 April 2024.
  80. News: Unubold . B. . U.S. Secretary of State Pays a Courtesy Call on Prime Minister of Mongolia Oyun-Erdene Luvsannamsrai . 5 November 2024 . Montsame . 1 August 2024.