
MONGOLIA’S “THIRD NEIGHBOR POLICY”
Author(s) -
Oyuntsetseg Densmaa,
Gerelchimeg Kaliinaa,
Norovsuren Nanzad,
Tsogzolboo Otgonbayar
Publication year - 2021
Language(s) - English
Resource type - Conference proceedings
DOI - 10.31435/rsglobal_conf/25012021/7365
Subject(s) - china , foreign policy , national security , prosperity , foreign direct investment , political science , democracy , multinational corporation , politics , economy , international trade , geography , economic system , development economics , business , economics , law
Geographically Mongolia has two neighbors. Mongolia’s existence today depends largely on mutually friendly relationships with two big neighbors. The main pillars of Mongolia’s new international strategy were incorporated in Mongolia’s National Security Concept adopted on June 30, 1994. This document, approved by the Mongolian Parliament, emphasizes a balanced policy towards the country’s two giant neighbors, underlines the importance of economic security in protecting Mongolia’s national integrity, and warns about too much dependence on any one country for trade. In today’s world of globalization and interdependence, Mongolia has to engage with other countries beyond these two neighbors, Russia and China. This is fundamental thing of the Mongolia’s searching third neighbor. Mongolia needs more friends to ensure its national security interests and achieve economic prosperity its ‘Third Neighbor Policy’1 is a policy of extending its friends all around the world. Two immediate neighbors of Mongolia, Russia and China, remain the foreign policy priority and this priority is not contradictory to the policy of having more friends. Mongolia is becoming an arena of clashes of economic interests of developed countries, multinational corporations due its rich mining deposits. Mongolia's Third Neighbor Policy is aimed to leverage the influence of neighboring countries in the national security issues of Mongolia. In contrast with other satellite states of the former Soviet Union, Mongolia concurrently instituted a democratic political system, a market-driven economy, and a foreign policy based on balancing relations with Russia and China while expanding relations with the West and East. Mongolia is now pursuing a foreign policy that will facilitate global engagement, allow the nation to maintain its sovereignty, and provide diplomatic freedom of maneuver through a “third neighbor” policy. 2 This policy is very much alive today but there is no reason to claim that its implementation is satisfactory. Mongolia has major investors from the US, Japan, Germany and France from the EU, for example. There are many universal conventions related to landlocked country. For Mongolia, access to sea via our two neighbors, means promoting economic ties with the third neighbors, as an important factor conducive to reinforcing the material foundations of Mongolia’s third neighbor policy.