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The Future of Asia 2018

Belt and Road provides landlocked Mongolia with chance to grow

Better infrastructure and trade hold opportunities, ex-PM says

Sukhbaatar Batbold, a former Mongolian prime minister, speaks to the Nikkei Asian Review in Tokyo on June 11. (Photo by Hiroyuki Kobayashi) 

TOKYO -- China's Belt and Road initiative could play an important role in accelerating Mongolia's economic growth by improving regional infrastructure, trade and investment, former Prime Minister Sukhbaatar Batbold said in an interview on Monday.

"The initiative possibly provides Mongolia with economic opportunities that could to a certain extent offset the disadvantages associated with the lack of Mongolia's access to the sea," Batbold said on the sidelines of the Future of Asia conference here.

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