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The economy of Mongolia has traditionally been based on agriculture and livestock. Mongolia also has extensive mineral deposits: copper, coal, molybdenum, tin, tungsten, and gold account for a large part of industrial production. Soviet assistance, at its height one-third of Gross domestic product (GDP), disappeared almost overnight in 1990 ...
Headquartered in Ulaanbaatar, Mongolia, the Mongolia Economic Forum is a non-governmental organization and was established in 2010. The NGO's highest governing body is the Board of Directors. Chairman of the Mongolia Economic Forum NGO is Пунцагийн Цагаан. Director of the Mongolia Economic Forum NGO is Lakshmi Bodsho.
Yam ( Mongolian: Өртөө, Örtöö, checkpoint) was a postal system or supply point route messenger system extensively used and expanded by Ögedei Khan and also used by subsequent great khans and khans. [2] Relay stations provided food, shelter and spare horses for Mongol army messengers. Ögedei Khan gave special attention to Yam because ...
The Oyu Tolgoi mine is in the South Gobi Desert of Mongolia, 80 kilometres (50 mi) north of Mongolia's border with the People's Republic of China, where the mined copper is expected to be shipped. [4] Oyu Tolgoi deposits contain an estimated 2.7 million tonnes of copper and 1.7 million ounces (48,000 kg) of gold. [6]
The State Great Khural ( Ulsyn Ikh Khural in Mongolian, meaning State Great Assembly) is a unicameral legislative body with 76 seats. The State Great Khural wields some of the most important powers in Mongolian politics. Parliamentary elections are held every four years, and 76 representatives are chosen.
Mongolian Revolution of 1911. Coordinates: 47°55′13″N 106°55′02″E. Mongolian Revolution of 1911. Part of the 1911 Revolution. Anti-Chinese commanders Togtokh and Bayar in Khüree (now Ulaanbaatar) Date. April 1910 – 29 December 1911. Location. Outer and Inner Mongolia, Qing dynasty.
The Windfall tax or windfall profits tax in Mongolia was a taxation on the profits made by mining companies operating in Mongolia. It was implemented in 2006 and was the highest windfall profits tax in the world. It was a tax on unsmelted copper and gold concentrate that was produced in Mongolia. The tax was repealed in 2009 and phased out over ...
Administrative law. Administrative law in Mongolia is the body of law that governs the activities of administrative agencies of the Mongolian government. These activities include rulemaking, adjudication, or the enforcement of a specific regulatory agenda .