MONGOLIA ABOVE CHINA, RUSSIA IN FAVORABLE BUSINESS CLIMATE LIST

Mongolia has been ranked 68th among 129 countries in the latest Forbes Magazine list of countries according to how favorable their business is. Denmark topped the list for the third year in a row, followed by Hong Kong, New Zealand, Canada and Singapore. The second best country for business in 2009, the USA stepped backwards to 9th place.
Interestingly, GDP growth of all the top 10 countries was in the negative, thanks to the global recession. On the other hand some of the countries which saw fast growth in their GDP are languishing quite low. India is ranked at 77th, China 90th, and Russia 97th.
Source: Onoodor
The Business Council of Mongolia aims to advocate increased trade and investment in Mongolia and serve as a forum for dialogue on the important business climate issues. Join us at the Business Council Mongolia Official Website
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