The common natural resource is surface and underground
water. The total annual water reservoir of Mongolia is 1,200 billion cubic feet
(34 billion cu.m.) and most of it is fresh water. In Mongolia, there are many
possibilities of using the water resource properly. 51 % of the overall
reserves belong to the Arctic Ocean, 12 % to the Pacific Ocean basin, and 37 %
to the Central Asian basin, which has no outlet. All rivers in Mongolia are
roughly 40,390 miles (65,000 km.) long and many of them have clear water. They
are mostly mountain rivers with a steady current. The possible total reserve of
Mongolia is 212 billion cubic feet (6 billion cub.m.). 24 billion cubic feet
(0.67 billion cub.m) water is being used now for industry and agriculture in
about 300 cities and towns. There are about 3,800 big rivers and streams in
Mongolia which have steady current and their total length is 414,466 miles
(667,000 km.). Many countries in the world are lacking fresh water and the cost
of water is increasing at the world market. Besides supplying its own domestic
need for fresh water, Mongolia can also export it to foreign countries.
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