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Alibaba seeks growth in Mongolia with new e-commerce platform selling Chinese goods from wholesale marketplace 1688 com

Alibaba seeks growth in Mongolia with new e-commerce platform selling Chinese goods from wholesale marketplace 1688 com
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Silk Road e-commerce flourishing - Global Times

The “Silk Road” e-commerce, an international cooperation platform for trade and economic cooperation under the important Belt and Road Initiative (BRI), has formed a structure for growing digital partnership, while helped promote mutual growth and cooperation among all participating economies.

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Mongolia eyes e-commerce to diversify its economy

Mongolia eyes e-commerce to diversify its economy
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Mountainous Mongolia eyes e-commerce to diversify its economy

Mongolia is looking to e-commerce to help overcome geographical challenges and diversify its economy, which relies heavily on mining – mainly of copper, coal, iron ores and gold. The mountainous, landlocked nation is one of the world’s most sparsely populated. Mongolia’s remoteness, combined with its rugged terrain can make traditional trade and economic activities challenging. “The digital way opens up a whole new facet for all aspects of economic diversification and especially trade,” said Tapan Mishra, the UN Resident Coordinator in Mongolia.

South koreaRepublic of koreaShamikan sirimanneMendbayar tseveenTapan mishraBattsetseg batmunkhWorld bankUn children fundEuropean bankInternational telecommunication unionTrade readiness assessmentEastern asian