ABSTRACT

Mongolia and U.S. Policy: Political and Economic Relations [June 22, 2007]   [open pdf - 342KB]

From the Summary: "On January 10, 2006, Mongolia's delicately balanced coalition government collapsed and the Mongolian parliament chose a new Prime Minister in accordance with constitutional requirements. Mongolia has seen several reshufflings of government since 1990, the year the Mongolian People's Revolutionary Party (MPRP) declared the end of a one-party communist state and initiated democratic reforms with U.S. assistance. Mongolia's profile has been raised further by the 2005 visits of President George Bush and Secretary Donald Rumsfeld, each of whom praised Mongolia's democratic developments and its aspirations to use its military forces for global peace-keeping missions. The United States recognized Mongolia in 1987 and since then has sought to expand cultural and economic ties. At Mongolia's invitation, the United States began a Peace Corps program there in 1991, which by 2007 was maintaining about 100 Peace Corps volunteers in the country. Also in 1991, following the signing of a bilateral trade agreement, the President restored Mongolia's most-favored-nation (MFN) trading status -- now referred to as Normal Trade Relations (NTR) -- under the conditional annual waiver provisions of Title IV of the Trade Act of 1974. NTR status was made permanent for Mongolia effective July 1, 1999, obviating the annual trade status review process. In FY2004, Mongolia became an eligible country for U.S. assistance through the Millennium Challenge Account (MCA), and submitted a proposal late in 2005. After several years of consultations, the Millennium Challenge Corporation (MCC) on June 14, 2007, issued notification to Congress initiating a 15-day consultation period prior to commencing MCA Compact negotiations with Mongolia. This report provides background information on Mongolia, including political and economic conditions, the status of U.S.-Mongolian political and economic relations, and key security and foreign policy issues."

Report Number:
CRS Report for Congress, RL34056
Author:
Publisher:
Date:
2007-06-22
Series:
Copyright:
Public Domain
Retrieved From:
Via E-mail
Format:
pdf
Media Type:
application/pdf
URL:
Help with citations