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  • Mongolia has been a genuine parliamentary democracy since 1991. With rule of law and a free, lively media, it stands out as beacon of democracy in the region.
  • With a population of around 3 million and a landmass of just over 1.5 million square kilometres (four times the size of Germany), Mongolia is the most sparsely populated country in the world.
  • The country is rich in mineral wealth, with vast deposits of coal, gold, copper, iron ore, uranium and rare earths. When fully operational, the Oyu Tolgoi mine will be one of the largest copper mines in the world. The massive Tavan Tolgoi coal deposit is nearby in the Gobi desert.
  • Some analysts predict that Mongolia will have the fastest growth rates in the world in the next few years. The World Bank notes that GDP is expected to grow at a double digit rate over the period from 2013 to 2017.
  • Mongolia pursues an active “Third Neighbour” policy to balance the influence of China and Russia.
  • The United Kingdom was the first western country to recognise Mongolia in 1963.
  • Examples of British and international involvement in Mongolia include Rio Tinto, PricewaterhouseCoopers, Standard Chartered Bank, Ernst and Young, Clyde and Co, The London Stock Exchange, Cambridge University, Glasgow University, IM Power and many others.
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