Since the signing of the Oyu Tolgoi investment agreement in October 2009, Mongolia has experienced an unprecedented surge of economic growth, clocking in at a 17.9% growth rate this year. Nevertheless, the country stands at a cross-roads. In June, Mongolians go to the polls to elect their next government. The election will play a pivotal role in whether Mongolia is able to build upon its recent successes or will miss this historic opportunity to turn the country into the "Saudi Arabia" of coal and minerals.
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