I. 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). The Gross Domestic Product (GDP) in Mongolia is worth 10.4
billion US dollars as of September 2021 according to the national
statistics of Mongolia. The GDP value of Mongolia represents 0.01
percent of the world economy. The significant features and
advantages of Mongolia include, but not limited to the
following:
- Diversified and growing market exists in Mongolia;
- Technology Innovation Hub;
- Large mineral resource base that can be leveraged for value
added processing;
