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Mongolia opposition 'wins poll' Mongolia opposition wins election
(about 3 hours later)
Mongolia's opposition party has claimed victory in presidential polls, though no official results have been issued. Mongolia's opposition party candidate has won the presidential election.
Supporters of Democratic Party leader Tsakhiagiin Elbegdorj began celebrations on the main square in the capital Ulan Bator. The leader of the Democratic Party and two-time former prime minister, Tsakhiagiin Elbegdorj, had campaigned on an anti-corruption ticket.
Mr Elbegdorj ran against incumbent Nambaryn Enkhbayar of the former Communist party in Sunday's poll. Incumbent President Nambaryn Enkhbayar - of the former Communist party - admitted a "narrow" defeat. Official results are yet to be released.
The election campaign was dominated by the issue of distributing the country's vast mineral wealth.The election campaign was dominated by the issue of distributing the country's vast mineral wealth.
"Mongolia is meeting a new morning, with a new president," Democratic Party chairman Altankhuyag Norov told party supporters on Monday morning. President Nambaryn Enkhbayar admitted defeat in Sunday's poll, saying he respected the result, according to Chinese state media.
However, official results are not expected until later on Monday. He said that, according to parties' counting of the votes, Tsakhiagiin Elbegdorj - his only rival in the election - had won a narrow victory.
Last year, five people died and hundreds were hurt in protests over alleged fraud in general elections. Mongolian media are also reporting that Mr Elbegdorj has won.
Widespread poverty
Speaking earlier, the Democratic Party chairman told supporters that Mongolia was "meeting a new morning, with a new president".
The election follows a parliamentary poll last year, during which five people died and hundreds were hurt in protests over alleged fraud.
In 1990, Mongolia abandoned its 70-year-old Soviet-style one-party state and embraced political and economic reforms.In 1990, Mongolia abandoned its 70-year-old Soviet-style one-party state and embraced political and economic reforms.
Democracy and privatisation were enshrined in a new constitution, but the collapse of the economy after the withdrawal of Soviet support triggered widespread poverty and unemployment in the sparsely-populated landlocked country. Democracy and privatisation were enshrined in a new constitution, but the collapse of the economy after the withdrawal of Soviet support triggered widespread poverty and unemployment in the sparsely-populated, landlocked country.