EENI Global Business School
Business in Mongolia, Ulaanbaatar

Syllabus of the Subject: Foreign Trade and Business in Mongolia. Ulaanbaatar

  1. Introduction to Mongolia (Asia)
  2. Mongolian Economy
  3. Doing Business in Ulaanbaatar
  4. Foreign Trade of Mongolia
    1. Mongolian Customs
  5. Business Opportunities in Mongolia:
    1. Mining
    2. Agriculture
    3. Construction
    4. Energy
    5. Transport
    6. Industry
    7. Health
  6. Foreign Direct Investment (FDI) in Mongolia
  7. Case Study: Mongolian Mining Corporation
  8. Access to the Mongolian Market
  9. Business Plan for Mongolia
Economic Corridors related to Mongolia
  1. Trans-Siberian Railway (Russia, Mongolia, China, North Korea)
  2. Eurasian Land Transport Initiative (Silk Road)
  3. China-Mongolia-Russia Economic Corridor
  4. Almaty-Bishkek Economic Corridor
  5. Asia-Africa Growth Corridor
  6. Transport Corridor Europe-Caucasus-Asia (TRACECA)
  7. Access to the China-Central Asia-West Asia Economic Corridor

Mongolian Preferential Access and Free Trade Agreements

  1. Mongolia and the Buddhist Economic Area
  2. Asia-Pacific Trade Agreement (APTA)
  3. Central Asia Regional Economic Cooperation (CAREC) Programme
  4. Generalised System of Preferences (GSP)
  5. Shanghai Cooperation Organisation (SCO) (Observer state)

The aims of the Subject “Foreign Trade and Business in Mongolia” are the following:

  1. To analyse the Mongolian economy and foreign trade
  2. To know the business opportunities in Mongolia
  3. To explore the Mongolian trade relations with the country of the student
  4. To know the Mongolian Free Trade Agreements
  5. To examine the profile of Mongolian Companies
  6. To develop a business plan for the Mongolian Market
The Subject “Doing Business in Mongoliabelongs to the following Online Higher Education Programs taught by EENI Global Business School:
  1. Masters: Business in Asia, International Business, Foreign Trade, Religions & Business
  2. Doctorates: Ethics, Religions & Business, Asian Business, World Trade
  3. Course: Business in Central Eurasia
  4. Course: Buddhism, Ethics and Business

Mongolia, Online Master / Doctorate Masters and Doctorates in International Business adapted to the Mongolian Students.

Online Students, Master in International Business

Learning materials in Master in International Business in English (Study Master Doctorate Business in Spanish Mongolia Study, Master in International Business in French Mongolie)

  1. Credits of the Subject “Foreign Trade and Business in Mongolia”: 1 ECTS Credits
  2. Duration: one week

Example of the Subject - Doing Business in Mongolia:
Master Course: Business in Mongolia





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Description of the Subject (Doing Business in Mongolia).

Mongolia is one of the fastest growing world's economies.

  1. Borders of Mongolia: China and Russia
  2. Total Mongolian population: 2.9 million people
  3. The majority of the Mongolian are Mongols (Khalkha)
  4. 59% of the total population is under age 30
  5. Mongolian Capital: Ulaanbaatar (40% of the population)
  6. Mongolian Area: 1,565,000 square kilometres (19th world's largest nation)
  7. Landlocked country
  8. Desert of Gobi: 41% of the Mongolian land
  9. Type of Government: Parliamentary Republic
  10. Mongolian official language: Khalkha Mongolian (Cyrillic alphabet, spoken by 90% of Mongolians)
  11. Russian language and English are the most spoken foreign languages

China-Mongolia-Russia Economic Corridor Course

Main religion in Mongolia: Tibetan Buddhism (50%), atheism (40%)

  1. Traditional religions (Tengriism and Shamanism)

Mongolia belongs to Lamaist area of the Buddhist Civilisation.

Mongolia Mining

Mongolian Economy.

  1. Market economy
  2. Huge mineral resources
  3. Mineral production: gold, copper, and coal
  4. Mongolian GDP growth: 7%
  5. GDP of Mongolia: 10 Billion USD
  6. Mongolian Growth rate: 7%
  7. GNI per capita of Mongolia: 3.770 USD
  8. Mongolian Legal system: based on the Roman-German (Constitution)

Mongolian Foreign Trade (Master, Course)

Foreign Trade of Mongolia.

  1. Mongolian exports: 5.774 billion USD
  2. Mining exports (coal, copper, iron ore, and petroleum) represent 74% of Mongolian exports
  3. The main Mongolian trade partners are Russia and China
  4. Mongolian imports: 5.266 billion USD
  5. The main Mongolian imports are consumer and capital goods, fuels
  6. Mongolia is open to FDI
  7. Total FDI in Mongolia: 17 Billion USD (12,000 companies from 112 countries)
  8. Top sectors receiving FDI: geology and mining (72%), trade and food (18%), banking, logistics, and construction
  9. Nearest ports to Mongolia: Tianjin (China, 1.344 kilometres), Nakhodka (Russia, 4.037 kilometres)
  10. Access to the Eurasian Land Transport Initiative

Trans-Siberian Railway (Russia, Mongolia, China, North Korea) Course

Central Asia Economic Cooperation CAREC, Course

Mongolia is a member of:

  1. World Customs Organisation
  2. Economic and Social Commission for Asia and the Pacific (ESCAP)
  3. Organisation for Cooperation between Railways (OSJD)
  4. Asian Development Bank (ADB)
  5. Asia Cooperation Dialogue (ACD)
  6. Boao Forum For Asia
  7. European Investment Bank
  8. Economic Commission Europe (UNECE)
  9. Africa-Asia Strategic Partnership (NAASP)
  10. United Nations (UN)
  11. World Bank (WB)
  12. World Trade Organisation (WTO)
  13. International Monetary Fund (IMF)

Generalised System of Preferences (GSP, Course)



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