Programme Profiles - Mongolia Development Cooperation Division Programmes Profile English Awards for Officials Poverty Alleviation Project Mongolia Profile Mongolia, landlocked between China and Russia, is a mainly rural country. Its main wealth is in livestock, though mining is currently the biggest foreign exchange earner.
Service sectors are very undeveloped.
For most of its recent history, Mongolia was a centrally planned economy with close links to the Soviet Union. The formerly communist Mongolian People's Revolutionary Party is now pledged to constructing a market-oriented economy. Reforms are in progress, though the economy remains in a difficult state of transition. New Zealand has small but growing links with Mongolia. To upgrade the English language skills of officials from the Mongolian Ministry of External Relations.