Tremendous mineral reserves, agricultural endowments, and proximity to Asia’s vast markets make Mongolia an attractive destination for medium- to long-term foreign direct investment (FDI). 2017 spikes in coking coal prices spurred GDP growth from 1.2 percent in 2016 to 5.1 percent in 2017, and FDI inflows reached USD 792 million in 2017 from USD 218 million in 2016. Mongolia is the most special place for the potential Investors, which is being enabled business friendly and favorable environment with its generous incentives.
Diversified and growing market exists in Mongolia
Technology Innovation Hub
Large mineral resource base that can be leveraged for value added processing
Developing Industry and Infrastructure
A bridge between the two economic powerhouses of Russia and China
Young, well educated population;
Private Sector & Privatization /privatize major state assets, list Mongolian conglomerates and exploration license aggregators on MSE/
PPP & Modernizing Infrastructure
Rule of law &Regulatory Quality & Transparency
Ensuring guarantee for investors /tax & non tax/
Promising mega projects; and
Thriving Telecoms & IT sector.
On 13 October 2017 Absolute Advocates has signed Memorandum of Understanding and Cooperation with GRATA International.
As a further step in GRATA International’s strategy designed to provide comprehensive coverage in the Eurasian region, we are pleased to announce the expansion of our Mongolian desk into a significant presence in Ulaanbaatar.
Absolute Advocates Law firm is a relatively young fast growing law firm which provides full legal service to its local and foreign clients in Mongolia.
We are very happy to welcome the great team at Absolute Advocates lead by Bolormaa Volodya who has been the co-head of our Mongolian desk for the last 5 years. This will enable GRATA International to provide a seamless and enhanced service to our clients with business interests in Mongolia.
In keeping with the GRATA International standards of excellence, Absolute Advocates is providing legal services in the following industries and areas of law:
Since its establishment we have gained unique expertise in the following areas of practice:
Banking & Finance
Construction & Infrastructure
International Trade, Customs and WTO Law
Public-Private Partnerships (PPP)
Industry & Trade
Restructuring and Insolvency
Technology, Media & Telecommunications
Data Protection and Privacy
Pharmaceuticals & Healthcare
Finance and Securities
Licenses and Permits
Oil and Gas