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China has become Mongolia's biggest trade partner and source of foreign investment as well as the destination for 48% of Mongolian exports. Bilateral trade reached US$1.13 billion by the first nine months of 2007, registering an increase of 90% from 2006.
New trade agreements are being formed and foreign investors are keeping a close eye on the "Asian Wolf". Mining is the principal industrial activity in Mongolia, making up 30% of all Mongolian industry. Another important industry is the production of cashmere.
tdbm.mn. The Trade and Development Bank (TDB) of Mongolia (Mongolian: Худалдаа Хөгжлийн Банк, Khudaldaa Khögzhliĭn Bank) is a commercial bank located in Ulaanbaatar. It is the oldest, as well as one of the largest banks in Mongolia. [1] It was founded in October 1990 and currently has a total of 97 branches throughout the ...
As of 2019, bilateral trade between France and Mongolia remains limited. In 2017, bilateral trade stood at €26.1 million (€21.8 million of exports from France to Mongolia, against €4.3 million of import from Mongolia to France).
Mongolia is economically dependent on these countries: China receives 90% of Mongolia's exports by value and accounts for 60% of its foreign trade, while Russia supplies 90% of Mongolia's energy requirements.
Russia lowered the prices of oil and energy exports to Mongolia and enhanced cross-border trade. The Russian government wrote off 98% of Mongolia's state debt and an agreement was signed to build an oil pipeline from Russia to China through Mongolia.
The Confederation of Mongolian Trade Unions (CMTU, Mongolian: Монголын Yйлдвэрчний Эвлэлyyдийн Холбоо, Mongolyn Üildverchnii Evlelüüdiin Kholboo) is a national trade union center in Mongolia. It was founded in 1927 as the Central Council of Mongolian Trade Unions.
Mongolia–Poland relations are bilateral relations between Mongolia and Poland. The countries enjoy good relations, based on growing trade, and political and investment cooperation. Both nations are full members of the OSCE, World Trade Organization and United Nations .
The Ulaanbaatar Trade and Economic Representative Office (Mongolian: Улаанбаатар Хотын Худалдаа Эдийн Засгийн Төлөөлөгчийн Газар, Mongolian: Ulaanbaatar Khotyn Khudaldaa Ediin Zasgiin Tölöölögchiin Gazar), (Chinese: 駐台北烏蘭巴托貿易經濟代表處; pinyin: Zhù Táiběi Wū ...
India–Mongolia relations (Hindi: भारत-मंगोलिया संबंध; Mongolian: Энэтхэг-Монголын харилцаа), also known as Indian-Mongolian relations or Indo-Mongolian relations, are bilateral relations between the democratic republics of India and Mongolia.