Mongolia's electoral authorities identified Friday three candidates, including incumbent President Tsakhia Elbegdorj, for the presidential election on June 26.

Elbegdorj was nominated by the ruling Democratic Party and supported by two minor parties in the parliament -- the National Democratic Party and the Civil Will Green Party.

Local media has speculated that Elbegdorj, with rich experiences in politics, is most likely to win the election.

Health Minister Natsag Udval, the first woman to run for the country's top post, was nominated by the Mongolian People's Revolutionary Party.

A staunch supporter of jailed former president Nambar Enkhbayar, Udval actively took part in demonstrations demanding his release.

Baterdene Badmaanyambuu was nominated by Mongolia's largest opposition, the People's Party.

A former champion wrestler and popular in rural areas, Badmaanyambuu has been a lawmaker since 2004 for three consecutive terms.

According to Mongolian law, the president can serve two four-year terms at most.