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Mongolia resources spur economy

8 February 2012 Last updated at 04:31 GMT

Mongalia has a population of less than three million; but last year its economy grew by about 17%, one of the fastest growth rates in the world.

As with all resource rich nations, it has been helped in the last few years by higher prices for commodities such as copper and coal, selling much of it to neighbouring China.

Travis Hamilton from Khan Investment Management told the BBC's Asia Business Report that Mongolia was likely to carry on attracting plenty of foreign interest.