Mongolian Deputy Prime Minister Highlights Economic Development Opportunities at Youth Forum

Mongolia’s First Deputy Prime Minister and Minister of Economy and Development, N. Uchral, addressed economic challenges and future opportunities during his participation in the “MEF Youth 2025” event under the theme “Rebuilding Trust.” The forum featured discussions about youth engagement in economic development and strategies to strengthen national economic resilience.

During his speech, the Deputy Prime Minister emphasized that “economic immunity should be the result of long-term wise policies.” He provided examples of successful economic models, noting that South Korea’s KPOP industry generates $5 billion annually while a single performance by BTS brings in $900 million – equivalent to 4-5 percent of Mongolia’s GDP. He also highlighted that the Los Angeles Lakers basketball team was valued at $10 billion for sale in 2025, representing approximately 45-50 percent of Mongolia’s GDP.

— news from Montsame

— News Original —
蒙通社乌兰巴托7月7日电,蒙古国第一副总理兼经济发展部长尼・乌其尔勒于7月6日出席“MEF Youth 2025” 活动。 在“Rebuilding Trust”即“重新恢复信任”的呼吁下举办的上述活动上对目前经济的挑战与未来可能性、青年的参与等进行讨论。

期间,蒙古国第一赴总理兼经济发展部长尼・乌其尔勒说,” 经济免疫力应当是长期智慧政策的成果”。如, 韩国KPOP为该国经济带来500亿美元、BTS乐队一场演出收入为9亿美元的收入,这相当于蒙古国国内生产总值的4-5%。2025年“Los Angeles Lakers”队出售价格100亿美元,是相当于蒙古国国内生产总值的45-50。我希望,蒙古青年的才能和意志如同这样变成经济。

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