Mongolia has several promising aspects to it. It happens to be rich in rare earth resources, which China recently embargoed. Therefore the United States and Japan are looking to invest in Mongolia. Mongolia is also a democracy since it peacefully split from Russia 20 years ago. It sent troops to Iraq, when NATO states have not acted quickly or not acted at all. Due to its location between Russia and China, Mongolia has credibility in demanding transparency from the Chinese in military matters, which western states do not. In addition, Mongolia is emerging as an alternative to China for foreign investment.
By Rebecca M. Samson
Sunday, November 14, 2010
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