Mongolia and EBRD partner to advance digital economy and infrastructure

Mongolia is strengthening its digital economy through a promising alliance with the European Bank for Reconstruction and Development (EBRD). The Mongolian government is prioritising digital development as part of its larger developmental agenda by undertaking two major projects focused on digitalisation. Central to these efforts is the development of a legal framework for big data and artificial intelligence to safeguard and efficiently manage digital processes.

At a recent event Minister Baatarkhuu underscored plans to modernise public services by improving data exchange systems such as XYP and the National Identification and Authentication System (DAN). These efforts aim to reduce reliance on paper-based documentation, supported by the EBRD’s recommendations to enhance the system’s security. Another ambitious step towards integrating new technologies includes establishing a ‘drone zone’.

The Ministry of Digital Development of Mongolia proposed a collaboration with the EBRD on the Esign Client Program Development Project, which seeks to normalise digital signatures over four years, enhancing the efficiency of document authentication.

Why does it matter?

This partnership demonstrates a strong bilateral commitment to advancing Mongolia’s digital infrastructure, leveraging EBRD’s expertise and resources for sustainable digital growth. EBRD expressed readiness to provide advisory support to navigate opportunities and challenges in the digital economy.