MongoliaJuly 2012 | Risk Summary
The Mongolian People's Party has been unseating in the parliamentary election in late June, sending it into opposition only for the second time in its entire 91-year history. The party, which up until 2010 was known as the Mongolian People's Revolutionary Party, has increasingly been blamed for being too lax on foreign mining firms, who are widely seen to be exploiting the country's mineral wealth at the expense of the environment and with little tangible returns for the wider population. Although a greater effort will likely be made to balance domestic considerations with those of foreign mining firms, we do not expect tensions with both constituents to disappear overnight.
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