Presidential Elections in Mongolia: Voting for "Change"

May 24 Presidential election results validated our positive outlook for Mongolia. We view the election was held fairly based on democratic principles that ensured a peaceful transition of executive power. By achieving this, Mongolia confirmed its commitment to further promote democracy in the political system, outperforming other countries in the Eurasia region. We view this as positive for the nation’s long-term growth and stability that will make the resource-rich nation an attractive destination for foreign investors.