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Common Obstacles in Conducting Foreign Trade in Mongolia: Suggestions and Solutions

Author

Listed:
  • Otgonsaikhan Nyamdaa

    (National University of Commerce and Business, Mongolia)

  • Davaasuren Batsukh

    (National University of Mongolia, Business School)

  • Doljin Mandshir

    (National University of Commerce and Business, Mongolia)

Abstract

In order to form an attractive business environment, it is crucial to take courses of action immediately after carefully observing the business environment and conducting a solid analysis. The main purpose of this research study is to indicate the key obstacles and their causes in conducting foreign trade in Mongolia, as well as to determine the courses of action in order to develop the sector. Within the framework of the goal of this research, the survey results have been grouped and analyzed in three groups: 1) within the territory of Mongolia; 2) within the territory of trade partner countries; and 3) difficulties that occur in the operation of international trading companies.

Suggested Citation

  • Otgonsaikhan Nyamdaa & Davaasuren Batsukh & Doljin Mandshir, 2018. "Common Obstacles in Conducting Foreign Trade in Mongolia: Suggestions and Solutions," The Northeast Asian Economic Review, ERINA - Economic Research Institute for Northeast Asia, vol. 6(1), pages 1-14, July.
  • Handle: RePEc:eri:review:6:1:1-14
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