Mongolia

The Dalai Lama, the spiritual leader of Tibetan Buddhism visited Ulan Bator on November 7, on invitation of a Buddhist group. Beijing immediately filed an official complaint with Mongolia's government, which decided to relocate some of the lectures of the spiritual leader to more discrete venues. Following a previous visit of Mongolia in 2002, China retaliated by closing the border rail crossing for two days, leaving 500 passengers stranded and the mining sector in disarray. Mining companies have however denied any disruptions this time around and our short-term political risk rating remains therefore unchanged at

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