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With its Ulaanbaatar Dialogues (UBD) initiatives, Mongolia has emerged as one of the most increasingly influential diplomatic powerhouses in northeast Asia, despite its small size. Moved by the mixed interests of garnering global influence and a small-state security strategy, the country has positioned itself as an honest neutral peace broker in the Korean conflict since 2013. Mongolia has demonstrated itself to be a successful third party in defusing tensions and, more crucially, jump-starting declining regional multilateral mechanisms for the Korean peace process. This study explores the undiscovered potential of small-state power. Mongolia shows how small states effectively increase their transnational appeal and expand their foreign policy reach through diplomatic mediation. This article examines the sources, strategies, and mechanisms of Mongolia’s mediation efforts, looking at the core features of Mongolian foreign policy and its diplomatic relations, and then focuses on the UBD initiatives – the country’s efforts as a third party to mediate the Korean Peninsula peace process. Thereby, this study contributes to the knowledge on the practice of international relations by reflecting on the burgeoning role of the Global South.

The diplomatic power of small states: Mongolia’s mediation on the Korean peninsula