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Mongolia has a new and growing uranium industry and a strong commitment to a nuclear-free world. Mongolia wishes to develop its natural uranium resources as part of its economic and technological progress. As the same time, it wants to raise the standard of living of its citizens while making a substantial contribution to a vibrant, safe and secure global nuclear future.
Increased nuclear electricity generation in China and India presents uranium suppliers such as Mongolia with an opportunity to develop its uranium and nuclear industries. This paper discusses the Mongolian potential for interaction with China and India, given the strategic, organizational and future developments in each respective nuclear sector. The paper focuses on front-end developments where government-level agreements are likely to dominate the uranium mining and supply negotiations.
The entry of Mongolia to the league of democracy took place less than two decades ago. Therefore coverage of the democratic chapter of Mongolia in the history books is very thin compared to that of the Great Mongolian Empire. However, the free society and economic freedom brought about the prospects and openness that embody the present economic and cultural globalization. Mongolia is an exotic destination that appeals to western investors for its highly educated population and its proximity to the world’s largest growing economies. The