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Photo: Mongolian National Chamber of Commerce and Industry Succeeding in the global economy is not
child's play. Yet in assisting Mongolia to gain business know-how, ITC has played a pivotal role in helping the country's firms understand how to "play ball" and leap free of trade constraints. |
The ABCs of a Market Economy
In the early 1990s, the break-up of the Soviet Union launched
landlocked Mongolia into a world without borders. Faced with a new
economic order, Mongolia’s nascent private sector and trade
institutions needed to move quickly from free market theory to
practice. ITC, a long-standing trade development partner, provided
practical help and guidance.
