Foreign Executives Trapped in Mongolia

Some foreign executives are banned from leaving the country
The outskirts of Ulaanbaatar Photograph by Gilles Sabrie

Mongolia is known for its desert vastness and its ample mineral wealth. But 50 or so foreigners know Mongolia as something else: the world’s largest jail. In a backlash against outside investors, the country has clashed with at least three multinationals. Police have questioned Western and Chinese business executives and banned them from leaving until the complaints against their employers are resolved. Although the employees have not been formally charged with a crime or imprisoned, at least three have been stranded for almost two years.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.