Mongolian Prime Minister Ch.Saikhanbileg has given interviews to CNBC, the Financial Times, and Reuters during his visit to the UK. Here is a summary of the key points covered:

-Mongolia is back in business. Today, investors are watching Mongolia carefully. Last year, our economy showed a 7.8% rise. External investments have shown positive results in a short space of time. Also, the Mongolian Parliament has approved the updated “Investment Law” which provides equal rights for both foreign and domestic investors.

-The Mongolian economy must not be dependent on mining. We are working to create diversity. There are many sectors open to investment in Mongolia, for example: agriculture, tourism etc.

-Mongolia has a population of three million, extensive territory, sixty million livestock, over 80 chemical elements, and 6000 physical mineral deposits.  Our priority is ensuring long-term opportunities for the development of Mongolia’s economy.