Vulnerability to natural disasters

Many of the transition countries in the Commonwealth of Independent States (CIS) as well as Mongolia are in a difficult geographical location which is not helpful to economic development: they are far from the three major markets in the world—Japan, the United States of America and Western Europe—and some are landlocked. Unlike the transition economies of Central and Eastern Europe countries, there are no rich neighbours, which, in theory, can help to pull their economies out of stagnation through trade linkages and by serving as models for learning by watching.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Climate Action