Last updated: 12 Feb 2013
Security and health
The Department of Foreign Affairs and Trade’s Smartraveller site provides advice for business travellers and tourists going to Mongolia. This is regularly updated, and should be checked before planning travel.
It is strongly recommended that Australian travellers take out comprehensive travel insurance that will cover any overseas medical costs, before their departure. They should confirm that their insurance covers them for the whole time they will be away and check what circumstances and activities are not included in their policy.
It is also recommended for Australian travellers to register, before travelling, on the Department of Foreign Affairs and Trade website, in case of an emergency.
Health
It is recommended that you visit a travel-specialist doctor before travelling to Mongolia to obtain all medical inoculations and a travel medical kit, if travelling to remote areas. Bring cold and flu tablets as well, as these are not generally available in Mongolia.
Top Business Risks
OECD Guidelines for Multinational Enterprises
Multinational Enterprises should be aware of the OECD Guidelines for Multinational Enterprises that provide voluntary principles and standards for responsible business behaviour in a variety of areas, consistent with applicable domestic laws. These Guidelines are endorsed and promoted by the Australian Government. For more information, go to the AusNCP website.
Extractive Industries Transparency Initiative
The Extractive Industries Transparency Initiative (EITI) is a voluntary mechanism which promotes and supports improved governance in resource-rich countries through the full publication and verification of company payments and government revenues from oil, gas, and mining.
The EITI is supported by governments, industry, and non-government organisations around the world. The Australian Government supports the EITI and encourages Australian companies operating internationally to comply with its recommendations.