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When Mongolia began to report statistics on arable land in 1960, there were 532,000 hectares of arable land, and sown crops covered 265,000 hectares of the 477,000 hectares of plow land. Mongolia's 25 state farms accounted for 77.5 percent of sown areas, and cooperatives, for 22.5 percent. [7]
Mongolia joined the World Trade Organization (WTO) in 1997. [16] The international donor community pledged over $300 million per year in the last Consultative Group Meeting, held in Ulaanbaatar in June 1999. Recently, the Mongolian economy has grown at a fast pace due to an increase in mining and Mongolia attained a GDP growth rate of 11.7% in ...
The China–Mongolia–Russia Economic Corridor is one of the six major land corridors of China's global infrastructure development initiative, the Belt and Road Initiative. [1]: 39 Its goal is to increase infrastructural and economic ties between cities including Beijing, Ulaanbaatar, Novosibirsk, Omsk, Yekaterinburg, and Saint Petersburg.
The name Mongolia means the "Land of the Mongols" in Latin. The Mongolian word "Mongol" (монгол) is of uncertain etymology.Sükhbataar (1992) and de la Vaissière (2021) proposed it being a derivation from Mugulü, the 4th-century founder of the Rouran Khaganate, [13] first attested as the 'Mungu', [14] (Chinese: 蒙兀, Modern Chinese Měngwù, Middle Chinese Muwngu [15]), a branch of ...
As of 2010, the estimated cost of bringing the Oyu Tolgoi mine into production was US$4.6 billion, [13] making it (financially) the largest project in Mongolian history; [14] however, by 2013 costs had increased to $10 billion. [15] When in production Oyu Tolgoi will account for more than 30% of Mongolia's GDP. [16]
Desertification is a key issue in Mongolia. ... resulting in a 7% increase in Mongolia's consumer price index and higher fodder costs, ... Land Use Policy, 88, 104167.
The region had 70 percent of Mongolia's population (including the cities of Darkhan, Erdenet, and Ulaanbaatar); 55 percent of its territory; 75 percent of its arable land; 90 percent of surveyed coal deposits; and 100 percent of copper, molybdenum, iron ore, and phosphate deposits. This region accounted for 80 percent of gross industrial ...
The total land area of Mongolia is 1,564,116 square kilometres. [3] Overall, the land slopes from the high Altai Mountains of the west and the north to plains and depressions in the east and the south. [2] The Khüiten Peak in extreme western Mongolia on the Chinese border is the highest point (4,374 m (14,350 ft)). [2]