Mongolia sets up think tank on competitiveness

ULAN BATOR, Jun 30, 2010 (Xinhua via COMTEX) -- At the initiative of President Elbegdorj Tsakhia, a think tank has been established to promote Mongolia's competitiveness, reports said Wednesday.


According to its stipulations, the think tank, the Research Institute on Economic Policy and Competitiveness, will be neutral on politics and will adopt the best international research practices.

The governing board of the think tank includes representatives of leading Mongolian businesses. Tsagaan
Puntsag, the president's advisor on minerals, energy and infrastructure policy, is the chairman of the board.
The institution is to be funded by private companies.

On July 5- 6, the institution is scheduled to hold a public forum with the World Competitiveness Center. During the forum, the institution and the Switzerland-based competitiveness center were expected to sign a memorandum of understanding on mutual cooperation.

According to the Global Competitiveness Index published by the World Economic Forum, Mongolia ranked 117th out of 133 countries in 2009.

Copyright 2010 XINHUA NEWS AGENCY

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