Mongolia’s Democrats form coalition government

Published July 20, 2012 10:19am ET



ULAN BATOR, Mongolia (AP) — Mongolia’s generally pro-business Democratic Party is forming a coalition government with smaller populist parties, raising concerns about policy changes for foreign companies eager to join the country’s mining boom.

Three weeks after legislative elections, the Democratic Party announced late Thursday that days of bargaining yielded an agreement with a group of smaller parties. The coalition will combine the 31 seats the Democrats won with the other parties’ 13 seats, giving the group 44 of the parliament’s 76 seats.

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