Mongolia has adopted the Concept on Regional Development, which is a basis for feasibility and planning of the development of economic corridors. Instead of a program of economic trade and commercial matters only, the “economic corridor” program must be a comprehensive program which includes social, cultural and humanitarian relations. For further development of the economic corridor, it is necessary to establish common parameters in various aspects, such as standardized customs clearance processes and a well-designed business model. Besides, countries should cooperate with each other at the field of sciences and technology, and a forum are advised to be organized to discuss the details. Moreover, “Think Tank” associations’ connectivity gives a possibility for the technology transferring and cross-national research networks and can increase the possibility to deliver innovative solutions and strengthen activities of “One Belt and One Road” initiative.
This article was originally the conference paper for Silk Road Forum 2016 and has been granted authorization to use by Mongolian Academy of Sciences.
Executive summary is based on the article. Copyright © Mongolian Academy of Sciences. All rights reserved.