Life & Work
Batbold Sukhbaatar’s life
and work can be divided into three areas: education, business and
politics. Each one is separate, but they’re inextricably linked.
Sukhbaatar was born in 1963, in Ulaanbaatar. He graduated from high
school and studied at the prestigious Moscow State Institute of
International Relations. He later attended London Business School and
the Diplomatic Academy of the Russian Ministry for Foreign Affairs.
career began in 1986, at the Import Division of the Ministry of
Economy. Two years later, he became an executive at Mongol Impex
Cooperative. He then started his own family corporation, Altai
Trading. Mr. Batbold timed his entry into commerce with the opening
up of the economy and the embracing of modern business methods and
practices. He was in the first wave of successful, visionary
Mongolian entrepreneurs, running Altai from 1992 to 2000, growing it
into one of Mongolia’s largest private groups with interests in
retail, imports and exports, cashmere production, telecoms, tourism
Once Altai was firmly established, Mr. Batbold felt it was time to give something back, to help Mongolia.
entered Parliament as an MP for the Mongolian People’s
Revolutionary Party or MPRP (subsequently joining its Leadership
Council) and became a minister in the Foreign Affairs Ministry.
then held a position in the Cabinet as Minister of Trade and
Industry, followed by Foreign Minister from 2008, until being made
Prime Minister in 2009.
Batbold insisted that Mongolia pursue better governance and legal
procedures, including fighting corruption. Mr. Batbold has always
believed that democracy, human rights and development are among the
most important values.
Batbold was also keen to bring other countries’ best practices and
standards to Mongolia. These included: cooperation between Mongolia
and the London Stock Exchange; partnership with a Cambridge
University consortium to introduce the Cambridge International
Education system into Mongolia’s schools and to reform primary and
secondary teaching; drawing on the Canadian Public Service Commission
to reform Mongolia’s public service; and Mongolia being certified
as fully transparent under the Extractive Industry Transparency
Initiative, initiated by the British Government. His cabinet also
supported the enactment of the Law on Gender Equality in 2011.
Batbold hosted and held negotiations with world leaders including the
two neighbouring countries, Russia and China, the Vice President (now
President) Joe Biden, Chancellor Angela Merkel, and State Secretary
Hillary Clinton, among many others.
the coalition government led by Mr. Batbold, the Mongolian economy
grew at an all-time high of 17.5 per cent. Poverty was reduced by
double digits for the first time, and household incomes almost
doubled. These are real statistics, not words. Numbers don’t lie.
success can be repeated and Mr. Batbold is confident that by
encouraging domestic and foreign investors, high economic growth will
be achieved by Mongolia in the near future, once the pandemic is