FOREIGN INVESTOR COMPANY COMPETITION IN THE MINING INDUSTRY OF MONGOLIA

Abstract

The document is about explained foreign investor companies that play an important role in Mongolia's foreign policy strategy and national security. In the context of economic cooperation, Mongolia announced a "multilateral" policy strategy in dealing with the other country in early 1990. Therefore, attracting foreign investment to the Mongolian economy has become the main factor in Mongolia's development. It creates a competitive environment between countries, especially foreign investor companies backed by major powers such as Russia, China, Canada, and the United States. This document explains the Mongolian mining sector and identifies its challenges, constraints, growth, and contribution to the national economy. Moreover, the document also describes foreign direct investment trends in the mining sector in Mongolia, their processes, advantages, and government policies compared to foreign direct investment in mining in developing countries.