Mongolia (National Flag) The flag was officially adopted in 1992, when the communist star at the top of the emblem was removed. The flag originates in its current form from 1940. The red color stands for progress and prosperity, and the blue is the national color of the Mongols. With the yellow color, which represents… Read More »
Subchapters: Business Relationships Foreign direct investment FTAs and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU Mongolia concluded a Partnership and Cooperation Agreement with the EU in 2017. Using the GSP+ mechanisms, it can export up to 6,200 products duty-free to the EU. Mongolia’s foreign trade turnover with… Read More »