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Since 1997, Mongolia joined the WTO, import and export trade has entered a rapid growth phase. In recent years, internationalization of the economy and their own reform and change, Mongolian foreign trade economy has shown a high growth momentum. Since the end of 2007 before the financial crisis, economic growth of around 10% per year trend. Since the financial crisis, despite the financial crisis was affected, still made in 2010 GDP growth of 7.3 per cent. Therefore, we can say that Mongolia’s economic growth is relatively fast. In which, import and export trade, economic growth brought a larger proportion.In this paper, the status of Mongolian foreign trade to analyze the problems, combined with existing problems, propose appropriate targeted measures. On the one hand from the perspective of economic development strategies of large, new positioning itself among the foreign trade policy should be taken and the direction to go; The second aspect is the formulation of policy to build a good trading environment, learning some of China’s economic development experience, the introduction of foreign capital for economic development, in promoting the export of economic development, promote Mongolia to enhance their economic base; third aspect is to speed up its own import and export trade of Mongolia’s economic infrastructure, from transportation, finance, accelerate the construction of other aspects of import and export, import and export industry to promote the basic system construction; fourth area is to increase the import and export trade, port construction, as a landlocked country, to speed up construction, especially around the port and port construction in China, is essential for the economic development of Mongolia; the fifth aspect, which is focusing on the adjustment of import and export of its industrial restructuring, increasing the depth of processing on the export of raw materials, increase product added value. For imported products, raw materials should be transferred to the goods, and increase daily production of basic machinery imports to stimulate domestic processing enterprises and the construction of basic industries, and promote sustainable development; Sixth, we must speed up the import and export trade talents. By way of exchange of human resources input to the developed countries to develop talent, and only enough talent pool, Mongolia’s foreign trade industry to have long-term healthy development.
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