GRATA International

Mining sector study Introduction Mongolia is in the heart of the Central Asian Orogenic Belt located between the East European, Siberian, North China, and Tarim cratons, and is considered the largest area of Phanerozoic continental crustal growth.

GENERAL OVERVIEW & CONTEXT The primary laws and regulations governing the Mongolian capital market, the hierarchy of these regulations The Mongolian capital market is governed by the following primary laws and regulations:

BUSINESS CLIMATE Tremendous mineral reserves, agricultural endowments, and proximity to Asia’s vast markets make Mongolia an attractive destination for medium to long-term foreign direct investment (FDI).

Background Mongolia’s total renewable energy potential is 2600 gigawatts (GW), over 1000 times larger than the 1.6 GW installed capacity of Mongolia’s electricity system[1].

The Law on Medicines and Medical Devices /2010/ which governed the relations regarding the manufacture, import, export, storage, sale, distribution, use, and control of human and veterinary medicines, including traditional drugs, biopreparations, diagnostics, medical devices, and biologically active products has been revised and passed by the Parliament of Mongolia on June 5, 2024.

GRATA International's specialists of the Pharmaceuticals & Healthcare sector released a new publication on Advertising of drugs and dietary supplements. 

The GRATA International Legal Series (the “GILS”) is a distinctive legal handbook, offering essential legal insights and practical tips for conducting business across jurisdictions where GRATA International operates. 

Legal experts within the GILS framework have compiled an overview of the legislative structures across different legal environments.