National Security Concept of Mongolia
settlements, loans and letters of credit transaction flows along with a system on the prevention,
detection, investigation and punishment of economic and financial crimes.
3.2.4. Energy and Mineral Resource Sector Policy
3.2.4.1. While developing the mineral resource sector give importance to ensuring national
security so as to avoid becoming merely a commodity supplier or an arena of confrontation of
conflicting interests among national and foreign political interests or businesses, as well as
giving importance to preventing environmental degradation. Improve mining sector transparency
and responsibility as well as overseeing mining industry incomes.
3.4.2.2. Create conditions for extensive use of coal, a main domestic source of energy, for
decreasing imports and increasing exports, supporting local output and increasing jobs.
Develop less expensive energy production with less negative environmental impacts so as to
fully supply energy and fuel demands by domestic production through the use of coal and other
energy sources (such as solar, wind, hydro-electric and bio-fuel) by the year 2020.
3.2.4.3. Reduce direct petroleum dependency on one country so that domestic output fully
supplies energy demands by the year 2020. Prevent the risk of price fluctuations and maintain a
national petroleum reserve at a level of not less than six months supply.
3.2.4.4. Develop a nuclear energy sector in accordance with national interests and the principle
of use for peaceful purposes. Develop nuclear production facilities for use, processing,
conversion and enrichment of radioactive materials.
3.2.5. Foreign Trade and Integration Policy
3.2.5.1. Reduce the nation’s economic vulnerability as a small market with an excessive
dependency on imports and a small number of export goods.
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