[QODLink]
Central & South Asia

Mongolian president set for second term

Preliminary results put Tsahkia Elbegdorj ahead of rivals, but victory to be confirmed after ballots are counted again.

Last Modified: 27 Jun 2013 11:57
Email Article
Print Article
Share article
Send Feedback

Mongolian President Tsakhia Elbegdorj has been re-elected for a second term, the country's election commission has said quoting preliminary results.

The commission announced on Thursday that Elbegdorj got 50.23 percent of the votes, beating a former wrestling champion, Bat-Erdene Badmaanyambuu of the People's Party, and health minister Udval Natsag, of the People's Revolutionary Party.

The win preserves the dominance of the Democratic Party, which won the most seats, though not an absolute majority, in last year's parliamentary vote, and heads a coalition government keen to regulate foreign investments.

Al Jazeera’s Divya Gopalan, reporting from the capital Ulan Bator, said that many challenges lie ahead including how to share the wealth from the country’s mining boom.

“As the president’s supporters celebrate, many international businesses will be relieved. In his first four years in office, Elbegdorj encouraged foreign investment, particularly in the mining sector and Mongolian voters want a bigger share of that. The re-elected president now has four years to work out, how to keep the economy on track while balancing the needs of international businesses with those of his people” she reported.

But the result of Wednesday's election would not be official until the ballot papers were counted again on delivery to Ulan Bator, Mongolia's General Elections Commission chief, Sodnomtseren Choinzon, said.

Free-market advocate

Elbegdorj , who wants more controls on foreign mining investments, became president in 2009 after twice serving as premier.

He is a free-market advocate, but his government has increasingly adopted a more "resource nationalist" approach, with laws to give the country a bigger stake in "strategic assets", such as mines.

Mongolia ended seven decades of communist rule in 1990 without a shot being fired.

278

Source:
Al Jazeera and agencies
Email Article
Print Article
Share article
Send Feedback
Topics in this article
People
Country
Organisation
Featured on Al Jazeera
The author argues that in the new economy, it's people, not skills or majors, that have lost value.
Colleagues of detained Al Jazeera journalists press demands for their release, 100 days after their arrest in Egypt.
Mehdi Hasan discusses online freedoms and the potential of the web with Wikipedia founder Jimmy Wales.
A tight race seems likely as 814 million voters elect leaders in world's largest democracy next week.
Featured
Since independence, Zimbabwe has faced food shortages, hyperinflation - and several political crises.
After a sit-in protest at Poland's parliament, lawmakers are set to raise government aid to carers of disabled youth.
A vocal minority in Ukraine's east wants to join Russia, and Kiev has so far been unable to put down the separatists.
Iran's government has shifted its take on 'brain drain' but is the change enough to reverse the flow?
Deadly attacks on anti-mining activists in the Philippines part of a global trend, according to new report.
join our mailing list