HeraldScotland: Mongolia opens capital consulate

The sprawling central Asian state of Mongolia is stepping up its drive to entice Scottish companies to invest in its rapid economic expansion by opening a consulate in Edinburgh today. The Mongolian ambassador Bulgaa Altangerel will unveil the flag at the Melville Street property in the centre of the capital’s diplomatic quarter. David Scott, honorary consul for Mongolia, said it would provide a base to meet people and hold functions. The country recorded economic growth of 17.3% in 2011, up from 6.4% in 2010 on the back of demand for commodities. Economic activity in Mongolia has long been based on herding and agriculture, but it has seen a mining boom in recent years as demand for products such as copper has increased. To read the full article, click hereMongolia opens capital consulate

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