A. Munkhbold: Our product supply methods have gone back to ancient times | Ubpost News: "Although Mongolia’s economy seems to be growing very quickly, there is a perception among many that its benefits are not reaching the public. The following interview with the President of the Logistics Union of Mongolia, A. Munkhbold, discusses this issue. Translated from Udriin Shuudan newspaper.
-The economy of Mongolia is growing rapidly. But the public seems convinced that this is not solid growth; it cannot be felt in everyday life. In your opinion, is Mongolia’s economy going in the right direction?
-Mongolia began to transition towards a free market economy in the year 1990. During the transition Mongolia lost the most important part of its structure: logistics infrastructure. In other words, Mongolia’s product flow system was entirely privatized. This proved to be a very serious problem in the following years of Mongolia’s development. We are now establishing an Agricultural Exchange, for the the second time. "
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