ASEM Implications

1. ASEM Implications
HE. Bold Luvsanvandan, MP
Invest Mongolia 2016
Conference
Ulaanbaatar
2016.9.5

2. ASEM was a
powerful
challenge
– Can government work smoothly after the power transition
from one party to another?
– Can this small economy in a downturn survive the financial
burden associated with ASEM summit organization?

3. Hosting ASEM
represented a
major success of
the active and
ambitious
foreign policy
– Community of Democracies
– Freedom Online Coalition
– OSCE Forum for Security Cooperation
– Mongol–Russia–China Trilateral Summits
– Ulaanbaatar Dialogue for Northeast Asian Security

4. ASEM 11 was
organized in a
nation that
both
geographically
and historically
has been a
bridge between
these two
continents. Great Mongolian
empire

5. ASEM
demonstrated
Mongolia is
peaceful and
safe country
and a jewel of
democracy and
freedom in the
region

6. “Partnership for
prosperous
connectivity
between Asia and
Europe” was a
theme stressing
the importance of
inter-­‐regional
cooperation
between the
ASEM economies.

7. “Steppe Road”
initiative has
been one of the
main topics of
Mongolia-­‐
Russia-­‐China
trilateral
summits and
was introduced
at ASEM
Business forum.

8. Significance of
ASEM hosting
was immense in
political and
foreign relations
field.
But this needs
to be translated
into economic
benefits.