Always accept if food or drink is offered, as it is considered rude to refuse
Receive everything with two hands or with the right hand supported by the other at the wrist or elbow
Elders are highly respected and should be greeted first. Remember not to walk in front of an older person, that is considered extremely rude
Hosts are often late and this should not be taken as a sign of disrespect
Mongolians do not view formal contracts in the same way as other business cultures. They tend to see these agreements as something that can be altered should circumstances change
The Mongolian business culture is dominated by men, although the number of women in executive positions is increasing steadily, particularly in foreign companies
The giving of small, inexpensive gifts is customary at the conclusion of an agreement
Drinks are also customary and some toasts with a shot of vodka are expected. It is acceptable to decline after a couple of shots
When entering a conference room, turn to your host for advice on where to sit