Mongolia is located in the north-eastern part of Asia and borders Russia and China. The country has a vast territory, nomadic culture, and rich mineral resources. Having adopted the democratic model, the country became an exemplary case in the region. Demographically, the majority of the population is made up of a rapidly growing young generation. Mongolia’s GDP per capita has tripled over the last 30 years, rapidly assimilating new advanced technologies, broadly displaying transparent governance, and being very future-oriented.