The Australia Mongolia Extractives Program is a donor funded program through the Government of Australia with the objective to support the Government of Mongolia to strengthen its extractive sector investment environment, through the development of collaborative partnerships between government, industry, and civil society.
In 2023, Mongolia traded with 163 countries, and the total trade turnover reached $24.4 billion. Of this, exports totaled $15.1 billion, and imports $9.2 billion, resulting in a surplus of $5.9 billion. Compared to the same period last year, exports increased by $2.6 billion (21.9%) and imports by $54.1 billion (6.3%), the National Statistics Office said.
MMJ journalist B. Ariunaa interviewed the Special Plenipotentiary Representative of the Government, J. Ganbat, about the activities of Erdenes Tavantolgoi JSC, the best investor in the mining industry, and the developments and problems faced by the company in recent years.