Tuesday, December 30, 2014

Mongolia Economic Update - December, 2014

KEY FINDINGS
The Mongolian economy is facing challenges from persistent economic imbalances

Mongolia Seasonings, Dressings and Sauces Market: New market analysis available

(live-PR.com) - Synopsis
Seasonings, Dressings & Sauces Market in Mongolia: Databook to 2017 is the result of extensive market research covering the Seasonings, Dressings & Sauces market in Mongolia.

Mongolia Soups Market: New market information published

(live-PR.com) - Synopsis
Soups Market in Mongolia: Databook to 2017 is the result of extensive market research covering the Soups market in Mongolia.

Capital City Rotary Club brings medical equipment to rural Mongolia

A local Rotary Club effort improved rural Mongolian birthing technology by bringing maternal and pediatric suites to five clinics in the developing country’s outskirts last month.

Mongolia Brief December 30, 2014 Part III



Number of Livestock Reaches almost 52 Million Heads

By B. Khuder
Ulaanbaatar, December 30 (MONTSAME) The National Statistical Committee (NSC) Tuesday released preliminary results of livestock census of this year.

Mongolia Brief December 30, 2014 Part II



Government decides to dissolve 26 foundations

December 30 (news.mn) The government has decided to dissolve 26 foundations including the Clean Air Foundation, the Fund to Support Mongolian Studies, the State Education Training Fund, the Human Development Fund, Mongolian Health Promotion Fund, and Road Fund of Mongolia following research on funding.

Mongolia Brief December 30, 2014 Part I



Turkish Ambassador Meets Minister Oyunkhorol
By B. Amarsaikhan
Ulaanbaatar, December 29 (MONTSAME) Ambassador Extraordinary and Plenipotentiary of the Republic of Turkey to Mongolia Mr Murat Karagoz has met the newly appointed Ministers of Defense, of Food and Agriculture, of Environment Green Development and Tourism and of Foreign Affairs.

Saturday, December 27, 2014

Iron ore price plummets on Chinese black swan talk

The iron ore price plummeted again on Tuesday with Northern Chinese import prices including freight and insurance dropping 3.5% to $65.60 a tonne, down more than 50% this year to levels last seen May 2009.

One dead, 20 hurt in protests against copper mine 
in Myanmar

A woman was killed and over 20 protestors injured on Monday in clashes with police over a copper mine in Myanmar after a Chinese company announced it would resume construction at the site.

DUST, DISPLACEMENT, INTIMIDATION: MONGOLIAN HERDERS ARE UNDER PRESSURE BY IRON ORE MINE

Herders in the Mongolian Gobi Altai mountains are facing pollution and displacement by an iron ore mine.

Russia, China mock divide and rule

The Roman Empire did it. The British Empire copied it in style. The Empire of Chaos has always done it.

Statue Sold for $4.3 Million Despite Mongolia’s Move to Block Sale

A 17th century Mongolian bronze figure was sold for 3.46 million euros ($4.3 million) at an auction in Paris today despite the Mongolian government’s efforts to block the sale.

9% Yields With TDBM's Very Short 10-Month Yankee Bonds, Matures September 2015

Summary

  • Profits have increased eight-fold since 2009.
  • With GDP growth for 2014 expected to be approximately 7%, Mongolia remains one of the fastest-growing economies in the world.
  • Mongolia's largest and oldest bank. 

Former USCA standout Brown to play in Mongolia

Former USC Aiken men’s basketball standout Alvin Brown will begin his international career in Mongolia with the Erdene Drilling Rigs of the National Super League. Brown left Sunday evening for his new team.

World Bank Urges Mongolia to Boost Resilience of Slowing Economy

ULAANBAATAR, December 18, 2014—Vulnerabilities in the Mongolian economy demand actions to bolster its resilience, according to the World Bank’s latest Mongolia Economic Update.

Meeting in China stresses road development

Trans. by D.SERGELEN

Mongolia Fortified Wine Market: New market analysis released

(live-PR.com) - Synopsis
Fortified Wine Market in Mongolia: Databook to 2017 is the result of extensive market research covering the Fortified Wine market in Mongolia.

Falling RUB exchange rate to benefit Mongolia

Trans. by B.DULGUUN

Mongolia Growth Group Announces Corporate Re-Alignment

Toronto, Ontario (FSCwire) - Mongolia Growth Group Ltd. (YAK ‐ TSXV and MNGGF - USA) (“MGG”) or (“the Company”) a commercial real estate investment and development company participating in the dynamic growth of the Mongolian economy announces a corporate re-alignment in order to dramatically reduce costs in-line with current Mongolian economic realities.

Kuwait, Mongolia discuss bilateral ties

KUWAIT, Dec 17 (KUNA) -- Kuwaiti Ambassador to Mongolia Khaled Al-Fadhli discussed with Mongolia's Foreign Minister Purevsure Lundeg means of promoting and developing bilateral cooperation in all domains.

Fitch Affirms Mongolia's Khan Bank at 'B', Outlook Negative

(The following statement was released by the rating agency)

Fitch Affirms Mongolia's XacBank at 'B', Outlook Negative

(The following statement was released by the rating agency)

Mapping Mongolia’s Urban Ger Areas in Ulaanbaatar

Infrastructure in Mongolia’s sprawling capital Ulaanbaatar has not kept up with the rapid growth of unplanned ger areas within the city, leading to harsh conditions for newcomers.

Research and Markets: Poultry and Livestock Market in Mongolia: Business Report 2014

DUBLIN--(BUSINESS WIRE)--

Texan to Help Mongolia Sort Out Its Finances

AUSTIN, Tex. — Early next year, John Barton will step off a plane and look out over the snow-capped foothills surrounding the Mongolian capital of Ulan Bator.

Mongolia Brief December 26, 2014 Part III



Standing Committee Head Receives World Champion J.Nurlan

By B. Khuder
Ulaanbaatar, December 26 (MONTSAME) Head of the parliamentary Standing committee on state structure A.Bakei Friday received J.Nurlan, a gold medalist of the 2014 Bodybuilding World Championships held this month in Mumbai, India.

Mongolia Brief December 26, 2014 Part II



Speaker asked to apologize to MNB
December 26 (news.mn) The State Great Khural appointed members of the National Council of Mongolian National Broadcaster Television and Radio (MNB) during Thursday's plenary session meeting. But the Speaker of Parliament made remarks against MNB that outraged staff and workers of the broadcasting company.

Mongolia Brief December 26, 2014 Part I



Minister Erdene Receives Volunteers
By B. Amarsaikhan
Ulaanbaatar, December 26 (MONTSAME) The Minister of Population Development and Social Welfare Mr S.Erdene received Thursday the members of the “Mongolian Ray-Union of Youth” NGO.

Banks in Mongolia facing weaker profits this year

Banks in Mongolia are facing weaker profits this year as one of Asia’s fastest growing economies cools, triggering a downpour of higher borrowing costs and an increase in non-performing loans, while credit rating agencies are watching the banks’ vulnerability to China’s continued economic slowdown.

Mongolia to negotiate with int'l investors on coal project - Official

An official said that the Mongolian government will start talks with an international consortium on giant coal project Tavan Tolgoi on January 5th 2015.

Mongolian coal mine deal seen boosting economic recovery

A group comprising Mongolia's Energy Resources, China Shenhua Energy and Sumitomo have won the right to develop one of Mongolia's largest metallurgical-coal deposits, beating a bid from US miner Peabody Energy.

Shenhua Energy, Sumitomo and Energy Resources to develop Tavan Tolgoi in Mongolia

A Consortium of China's Shenhua Energy, Japan's Sumitomo and Mongolia's Energy Resources has won the tender to develop the Tavan Tolgoi deposit in Mongolia.

Group Including Sumitomo to Develop Mongolia Coal Mine

A group comprising Energy Resources LLC, China Shenhua Energy Co. and Sumitomo Corp. (8053) won the right to develop one of Mongolia’s largest metallurgical-coal deposits, beating a bid from U.S. mining company Peabody Energy Corp.

From Mongolia to Oakland, a desperate quest to save a child

In the days after his 5-year-old daughter died from a rare brain disease, Gan-Erdene Ganbat’s desperate focus turned to his younger child, Nomin.

Texas Budget Writer to Help Mongolia With Its Finances

Early next year, John Barton will step off a plane and look out over the snow-capped foothills surrounding the Mongolian capital of Ulaanbaatar.

Mongolia Brief December 25, 2014 Part III



Commercial bank transfer charges found to be illegal
December 25 (news.mn) Commercial banks filed suit against a report by auditors from the Authority for Fair Competition and Consumer Protection revealing that commercial banks violated the law by charging fees for transfers.

Mongolia Brief December 25, 2014 Part II



Banzuke for 2015 January Grand Sumo Tournament Released
December 25 (infomongolia.com) On December 25, 2014, the Japan Sumo Association has released the Banzuke - rankings of professional sumo wrestlers for 2014 Hatsu Basho or Grand Sumo January Tournament to take place in Tokyo on January 11-25, 2015.

Mongolia Brief December 25, 2014 Part I



Management Academy Receives State Prize
By B. Khuder
Ulaanbaatar, December 25 (MONTSAME) By a decree of the President, the Management Academy has been awarded the Red Flag Order of Labour Merit.

Mongolia Brief December 24, 2014 Part IV



Mongolia to Celebrate Insurance Day Annually on November 24th
December 24 (infomongolia.com) In 2010, the Government of Mongolia issued an Ordinance No.172 that cites, “Regulation to celebrate anniversaries of historical events, bestowing honored individuals and perpetuate its memories”.

Mongolia Brief December 24, 2014 Part III



State's highest awards presented
December 24 (news.mn) President Ts.Elbegdorj issued a decree and presented public figures who have achieved success in politics, culture, sports, education and agriculture with state awards today, December 24th.

Mongolia Brief December 24, 2014 Part II



National Consultation of Miners Takes Place
By B. Amarsaikhan
Ulaanbaatar, December 24 (MONTSAME) Such consultation is running Wednesday at the Central Cultural Palace of Trade Unions, themed “Labour Safety and Hygiene”. The Minister of Mining R.Jigjid gave the opening remarks.

Mongolia Brief December 24, 2014 Part I



Cabinet Supported IMF Amendments Ratification
By B. Amarsaikhan
Ulaanbaatar, December 24 (MONTSAME) The cabinet of Ministers decided on Monday to present to parliament a draft resolution on ratifying the amendments to the General Agreement of the International Monetary Fund (IMF). The amendments have been made in regard of the recent change to the Board of the IMF.

Mongolia Brief December 23, 2014 Part V



Falling RUB exchange rate to benefit Mongolia
December 24 (UB Post) The USD to RUB exchange rate fell by some 45 percent this year due to the drastic decline in global oil prices and the prolonged crisis in Ukraine. The exchange rates of the RUB and MNT have shown some similar characteristics.

Mongolia Brief December 23, 2014 Part IV



2015 budget cuts
December 24 (UB Post) Parliament is set to make amendments to the 2015 budget of the Mongolian government. Parliament previously approved the 2015 budget revenue at 7.15 trillion MNT (29.8 percent of GDP), total expenses at 7.59 trillion MNT (31.7 percent of GDP), and the total deficit at 439.2 billion MNT (1.8 percent of GDP).

Mongolia Brief December 23, 2014 Part III



O.Nasanburmaa receives three-room apartment
By B. Khuder
Ulaanbaatar, December 23 (MONTSAME) A State Honored Sportswoman O.Nasanburmaa has been awarded with a three-room apartment for her sport success, grabbing third medal from the FILA Wrestling World Championships.

Mongolia Brief December 23, 2014 Part II



Mongolia and Japan to Establish Economic Partnership
Agreement in First Half of 2015
December 23 (infomongolia.com) On December 22, 2014 the regular Cabinet meeting was held and one of the issues discussed and resolved was to renew members of Mongolia’s working group to establish Economic Partnership Agreement (EPA) with the Government of Japan.

Mongolia Brief December 23, 2014 Part I



Fossilized dinosaur eggs discovered in Mongolian Gobi
December 23 (news.mn) Petrified dinosaur eggs were discovered this past September in Zuunbayan in Sainshand sum of Dornogovi Province.

Tuesday, December 23, 2014

Mongolia Brief December 22, 2014 Part III



Peacekeepers Awarded
By B. Amarsaikhan
Ulaanbaatar, December 22 (MONTSAME) A ceremony ran Monday to hand prizes to the military personnel who had served in peacekeeping operations in Afghanistan and Sudan.

Mongolia Brief December 22, 2014 Part II



Mongolia and India to Deepen Cooperation in Better Management of Border Security
December 22 (infomongolia.com) According to Ministry of Home Affairs of the Government of India, Mongolian delegates led by Head of General Authority for Border Protection (GABP), Brigadier General Sharkhuu LKHACHINJAV have conducted a working visit to India on December 14-21, 2014.

Mongolia Brief December 22, 2014 Part I



Turkish Investors Ready to Develop Mongolia’s Greenhouse Cultivation by Investing 100 Million USD
December 22 (infomongolia.com) On December 19, 2014, Minister of Food and Agriculture, Mrs. Radnaa BURMAA received in her office the Ambassador Extraordinary and Plenipotentiary of the Republic of Turkey to Mongolia, Mr. Murat Karagoz.

Fitch Affirms Mongolia at 'B+'; Outlook Remains Negative

(The following statement was released by the rating agency)

Mapping Mongolia’s Urban Ger Areas in Ulaanbaatar

Infrastructure in Mongolia’s sprawling capital Ulaanbaatar has not kept up with the rapid growth of unplanned ger areas within the city, leading to harsh conditions for newcomers.

Mongolia's Got Talent to launch: Now Simon Cowell almost owns the world

Simon Cowell has taken another step forward to gaining full control of Planet Earth, after one of the last regions in the world where Got Talent didn't have a presence... now does.

“Got Talent” producers tick Mongolia off the bucket list

The Got Talent franchise is heading to Mongolia.

Saving women’s lives in Mongolia through cancer screening

Sharav Otgontsetseg, 37, from Ulaanbaatar’s Songino-Khairkhan district in Mongolia considers herself very lucky.

India, Mongolia need increased cooperation to prevent transnational crimes: Rajnath Singh

New Delhi, Dec. 19 (ANI): Union Home Minister Rajnath Singh has said that India and Mongolia need increased cooperation for effective prevention and detection of crime with the growth of global terrorism, transnational crimes like drug trafficking, smuggling of illegal arms and ammunition.

India wants cooperation with Mongolia to curb terrorism

New Delhi, Dec 19 (IANS): Union Home Minister Rajnath Singh Friday said India and Mongolia should increase their cooperation for "effective prevention and detection" of issues like terrorism and trans-national crimes.

India to help Mongolia in modernizing weapons and tactics

India today assured all help to Mongolia in increasing its capabilities in areas of special operations, cyber security and weapons and tactics as a delegation of the east-central Asian country's border guarding force met Union Home Minister Rajnath Singh here.

Nomads on the Grid

Each Friday, Roads & Kingdoms and Slate publish a new dispatch from around the globe. For more foreign correspondence mixed with food, war, travel, and photography, visit their online magazine or follow @roadskingdoms on Twitter.

Mongolia Growth Group Announces Grand Opening Of Tuguldur Center

Toronto, Ontario, Dec 22, 2014 (Filing Services Canada via Comtex) - Mongolia Growth Group Announces Grand Opening Of Tuguldur Center Toronto, Ontario (FSCwire) - Mongolia Growth Group Ltd. (YAK [[18]] TSXV and MNGGF - USA) (MGG) or (the Company) a commercial real estate investment and development company participating in the dynamic growth of the Mongolian economy is proud to announce that the Tuguldur Center had its grand opening celebration on Friday December 19th.

Mongolia Prime Minister Says He’ll Fix Conflict With Rio Tinto

Promising no more business as usual, Mongolia’s new Prime Minister Saikhanbileg Chimed said his priority is to resolve a dispute with the country’s biggest foreign investor, Rio Tinto Group, over developing one of the world’s largest copper and gold mines.

Mongolia leverages diplomatic ties with North Korea

WASHINGTON, Dec. 3 (UPI) -- "The Korean Peninsula's stability is crucial for maintaining regional peace and security," Mongolia's Ministry of Foreign Affairs emphasized Wednesday at a forum examining Mongolia's role in Korean diplomacy co-hosted by the Global Peace Foundation and CSIS in Washington, D.C.

Statue Sold for $4.3 Million Despite Mongolia’s Move to Block Sale

A 17th century Mongolian bronze figure was sold for 3.46 million euros ($4.3 million) at an auction in Paris today despite the Mongolian government’s efforts to block the sale.

ASEM 2016: Mongolia in the Spotlight

At the end of October it was announced that Mongolia will host the 2016 Asia-Europe Meeting (ASEM).

NATO and Mongolia review cooperation through science

Since Mongolia became a global partner of NATO less than two years ago, the NATO Science for Peace and Security (SPS) Programme has supported a number of projects in the field of science and innovation. An event to review these efforts and identify ways to further enhance collaboration took place in Ulaanbaatar, Mongolia on 27 November.

Peabody Among Final Two Bidders for Mongolia Coal Mine

Peabody Energy Corp. (BTU) and a group consisting of Energy Resources LLC (975), China Shenhua Energy Co. (1088), and Sumitomo Corp. (8053) are the two remaining bidders for a contract to develop Tavan Tolgoi, one of Mongolia’s largest coking coal deposits.

Group Including Sumitomo to Develop Mongolia Coal Mine

A group comprising Energy Resources LLC, China Shenhua Energy Co. and Sumitomo Corp. (8053) won the right to develop one of Mongolia’s largest metallurgical-coal deposits, beating a bid from U.S. mining company Peabody Energy Corp.

Sunday, December 21, 2014

Mongolia Brief December 19, 2014 Part III



Minister of Roads and Transportation Meets Ambassador of
Japan to Mongolia
December 19 (infomongolia.com) On December 18, 2014, Minister of Roads and Transportation Mr. Namkhai TUMURKHUU received in his office the Ambassador Extraordinary and Plenipotentiary of Japan to Mongolia Mr. Takenori Shimizu.

Mongolia Brief December 19, 2014 Part II



Ambassador of Mongolia to Vatican City State, V.Purevdorj
Presents Credentials to Sovereign of State, His Holiness
Pope Francis
December 19 (infomongolia.com) On December 18, 2014, a non-resident Ambassador Extraordinary and Plenipotentiary of Mongolia to Vatican City State, Mr. Vaanchig PUREVDORJ has presented a Letter of Credence to the Sovereign of State, His Holiness Pope Francis.

Mongolia Brief December 19, 2014 Part I



Three Key Drafts Approved
By B. Amarsaikhan
Ulaanbaatar, December 19 (MONTSAME) Parliament passed on December 18 the 2014 budget clarification draft law and related to it draft amendments to the laws on budgets of Human Development Fund and Social Insurance Fund, with 83.3 percent approval vote.

Mongolia Brief December 18, 2014



Location Arranged for New Hospital
By B. Amarsaikhan
Ulaanbaatar, December 18 (MONTSAME) The cabinet meeting on December 17 discussed again an issue of establishing a new hospital for children with 150 beds. A decision was made that the hospital will occupy a Government Building No.13, the former building of Ministry of Road and Transport.

Mongolia Brief December 17, 2014



Russian national bestowed Mongolia's Polar Star
December 17 (news.mn) In accordance with a Presidential decree, Russian national Anatoly Ivanovic Matern was awarded the Order of the Polar Star for his contribution to bilateral friendly relations between Mongolia and Russia, particularly in education in Mongolia, on Tuesday.

Mongolia Brief December 16, 2014



"Reducing Hep-C in Mongolia" Program Draft Submitted
By B. Amarsaikhan
Ulaanbaatar, December 16 (MONTSAME) Health and sports Minister G.Shiilegdamba received on December 16 a draft of the "National program on reducing incidence of hepatitis C in Mongolia" from his Vice J.Amarsanaa. 

Mongolia Brief December 15, 2014



Ch.Saikhanbileg Meets Russian Deputy PM
By B. Khuder
Ulaanbaatar, December 14 (MONTSAME) The Prime Minister Ch.Saikhanbileg received Friday Mr Yu.P.Trutnev, the Deputy Premier and Presidential envoy to the Far Eastern Federal District of Russia.

Mongolia Brief December 12, 2014



Zanabazar's rare Shyama Tara sold for 4.3 million USD
December 12 (news.mn) An invaluable artwork by Undur Gegeen Zanabazar in the 17th century, a rare bronze figure of Buddhist goddess Shyama Tara, was sold for 4.3 million USD at a Sotheby's auction in Paris, on December 12th, reports Bloomberg.

Mongolia Brief December 11, 2014



Ulaanbaatar Development Strategy to Be Adopted
By B. Amarsaikhan
Ulaanbaatar, December 11 (MONTSAME) Department for Economic Development of the capital city held a steering committee meeting on Wednesday to discuss an issuing of the Ulaanbaatar’s economic development strategies.

Mongolia Brief December 10, 2014



All Ministers Appointed
By B. Khuder
Ulaanbaatar, December 10 (MONTSAME) At the plenary meeting of the parliamentary session that lasted until 0.50 am on Wednesday, new Ministers for the cabinet for solutions were appointed.

Mongolia Brief December 9, 2014



Standing Committees Back Ministers Candidatures
By B. Khuder
Ulaanbaatar, December 9 (MONTSAME) At its meetings on Tuesday, the parliamentary Standing committees on Security and Foreign Policy and on Social Policy, Education, Culture and Science discussed matters on appointing new Ministers proposed by the "Justice" coalition's faction.

Mongolia Brief December 8, 2014



Mongolia-France Intergovernmental Working Group Meeting Approaches
By B. Amarsaikhan
Ulaanbaatar, December 8 (MONTSAME) The second meeting of this group will run December 8 at the Ministry of Foreign Affairs and Economic Cooperation.

Mongolia Brief December 5, 2014



Structure of New Cabinet Approved
By B. Khuder
Ulaanbaatar, December 5 (MONTSAME) A plenary meeting of the parliamentary session on Thursday evening adopted draft laws on a structure of the cabinet, on a composition of the cabinet, and related to them other draft laws and resolutions.

Mongolia Brief December 4, 2014



PM submits draft on government structure
By Ch. Khaliun
December 4 (UB Post) On Wednesday, Prime Minister Ch.Saikhanbileg submitted drafts on governmental structure, the new government’s components, an amendment to the law on government, and a Parliamentary resolution on adopting the general structure of state administrative bodies to Speaker Z.Enkhbold for approval.

Mongolia Brief December 3, 2014



Aimag's Delegation Visits Czech Republic and Slovakia
By B. Khuder
Ulaanbaatar, December 3 (MONTSAME) A delegation led by Mr S.Od-Erdene, the governor of Dundgobi aimag, and Mr S.Budjav, the head of the Citizens’ Representative Khural of the aimag paid a working visits to the Czech Republic and the Slovak Republic on November 27-December 2 with aims to establish brotherhood friendly ties with some states and cities of these countries.

Mongolia Brief December 2, 2014



P.Tsagaan Meets Founder of Oxford Business Group
By B. Khuder
Ulaanbaatar, December 2 (MONTRSAME) Head of the Presidential Office Mr P.Tsagaan Monday received Andrew Jeffreys, a founder and chief executive officer of the Oxford Business Group (OBG).

Mongolia Brief December 1, 2014



Mongolian Ambassador Contributes to Recollection of Cultural Heritage
By B. Amarsaikhan
Ulaanbaatar, December 1 (MONTSAME) The Ambassador Extraordinary and Plenipotentiary of Mongolia to the Russian Federation Mr Sh.Altangerel and a head of the Russian Republic of Kalmykia Aleksei Orlov have made personal contributions to a fund-raising called "Heritage".

Mongolia Brief November 28, 2014



P.Tsagaan Participates in Int’l Conference and Business Forum
By B. Khuder
Ulaanbaatar, November 28 (MONTSAME) Head of the Presidential Office P.Tsagaan took part in international conference themed “Eurasia week–improving the competitiveness of Eurasian region”, organized by the Organization for Economic Co-operation and Development (OECD) November 24-27 in Paris of France.

Mongolia Brief November 27, 2014



Turkish Defense Attaché Visits
By B. Amarsaikhan
Ulaanbaatar, November 27 (MONTSAME) Concurrent to Mongolia, the Turkish defense attache to China Colonel Ayhan Erhan is paying visit to Mongolia November 25-28.

Mongolia Brief November 26, 2014



Negotiation talks to form the new government in progress
November 26 (news.mn) The DP caucus in parliament has created a task force of 6 members in charge of negotiating with political parties and coalitions in parliament on the formation of the new government, and appointed MP M.Batchimeg as head of the task force.

Mongolia Brief November 25, 2014



Mongolia-Finland Business Forum Runs
By B. Khuder
Ulaanbaatar, November 25 (MONTSAME) A Mongolia-Finland business forum took place on November 19 in Tampere, Finland.

Mongolia Brief November 24, 2014



State budget for 2014 to be altered
By B. Khuder
Ulaanbaatar, November 23 (MONTSAME) At the cabinet meeting--the very first one after the new Prime Minister Ch.Saikhanbileg was elected on Friday--amendments were discussed to the law on 2014 state budget.

Mongolia Brief November 21, 2014



Parliament Ratifies Nomination for Prime Minister of Mongolia as Chimed Saikhanbileg
November 21 (infomongolia.com) Despite of unsuccessful negotiation with its opposition political force (MPP), the Democratic Party continues to promote a winning-candidate Ch.Saikhanbileg for the Prime Minister of Mongolia.

Mongolia Brief November 20, 2014



Mongolia at "Beijing+20" Conference on Gender Equality
By B. Amarsaikhan
Ulaanbaatar, November 20 (MONTSAME) A delegation led by the Secretary of the Ministry of Population Development and Social Welfare B.Otgonjargal is participating in the Asian and Pacific Conference on Gender Equality and Women’s Empowerment-Beijing+20.

Mongolia Brief November 19, 2014



MPs Visit Russian Buryatia
By B. Khuder
Ulaanbaatar, November 19 (MONTSAME) Members of the State Great Khural (parliament) L.Bold, D.Ganbat and Ts.Arvin have paid a visit to the Buryatia Republic of the Russian Federation, the gogo.mn website said Wednesday.

Mongolia Brief November 18, 2014



Acting PM Receives Vice FM of Vietnam
By B. Amarsaikhan
Ulaanbaatar, November 18 (MONTSAME) Acting Prime Minister and Deputy PM D.Terbishdagva received Monday a delegation led by the Vice Minister of Foreign Affairs of Vietnam Mr Dong Minh Hoi.

Mongolia Brief November 17, 2014



President Meets Participants of “New Leader in Politics”
By B. Amarsaikhan
Ulaanbaatar, November 17 (MONTSAME) The President Ts.Elbegdorj met with the participants of the target project “New Leader in Politics” on November 14 to answer their questions in the UBS TV's live show.

Mongolia Brief November 14, 2014



About "Politics of Green Development and Financial System" Meeting
By N. Khaliun
Ulaanbaatar, November 14 (MONTSAME) This theme was a focus at a breakfast at the Ministry of Environment and Green Development on November 11, arranged by the organization's head S.Oyun.

Mongolia Brief November 13, 2014



Main Guidelines of Monetary Policy 2015 Approved
By B. Amarsaikhan
Ulaanbaatar, November 13 (MONTSAME) A plenary meeting of parliament ran on November 13 a final discussion of a parliamentary draft resolution on enacting the main guidelines of the state monetary policy of 2015 and approved them with a majority.

Mongolia Brief November 12, 2014



President returns home from Beijing
November 12 (news.mn) President of Mongolia Ts.Elbegdorj arrived home Tuesday after attending the Dialogue on Strengthening Connectivity Partnership at the Asia-Pacific Economic Cooperation (APEC) summit in Beijing, China, upon the invitation of China's leader Xi Jinping,.

Sunday, November 16, 2014

Mongolia Brief November 11, 2014



R.Amarjargal rumored to be the DP caucus nominee for new PM
November 11 (news.mn) The meeting of the National Coordinating Committee of the Democratic Party (DP) on Saturday assigned responsibility to the DP caucus and party leader to nominate the next Prime Minister. If the DP caucus agrees with other political parties in parliament on the candidate, the chances of R.Amarjargal becoming the next PM are high.

Mongolia Brief November 10, 2014



Heads of State of Mongolia and PR of China Meet in Beijing
November 10 (infomongolia.com) On November 08, 2014, President of Mongolia Tsakhia ELBEGDORJ left for Beijing to attend the Asia-Pacific Economic Cooperation (APEC) Third Senior Officials meeting themed "Shaping the Future through Asia-Pacific Partnership" and this time President Ts.Elbegdorj is attending for the first time as a guest participant.

Mongolia Brief November 7, 2014



Mongolia and Germany Host 11th Consultative Meeting in Defense Sectors
November 7 (infomongolia.com) In the frameworks of the 2014 cooperation program between the defense sectors of Mongolia and the Federal Republic of Germany, the regular bilateral consultative meeting is ongoing in Ulaanbaatar at the Defense Ministry on November 03-07, 2014.

Mongolia Brief November 6, 2014



Over 20 Ambassadors and Senior Diplomats from EU Member States Accredited to Mongolia Visit Ulaanbaatar
November 6 (infomongolia.com) From November 05-07, 2014, the new European Union Ambassador to Mongolia, Mr. Hans Dietmar Schweisgut, is leading a group of over 20 Ambassadors and Senior Diplomats from EU Member States based in Beijing and accredited to Mongolia, to join the four EU Member States Ambassadors resident in Ulaanbaatar, for their annual meeting with Mongolian officials in UB.

Saturday, November 15, 2014

Mongolia Brief November 5, 2014



President’s Office Receives SDC Reps
By B. Amarsaikhan
Ulaanbaatar, November 5 (MONTSAME) Chief of Staff of the Office of the President P.Tsagaan met on November 4 with representatives of the Swiss Agency for Development and Cooperation (SDC).

Mongolia Brief November 4, 2014



Deputy Foreign Minister of Mongolia Addresses at Second United Nations Conference on Landlocked Developing Countries
November 4 (infomongolia.com) Deputy Minister for Foreign Affairs and Economic Cooperation of Mongolia, Mr. D.Gankhuyag addressed at the plenary session of the Second UN Conference on Landlocked Developing Countries opened in Vienna, Austria on November 03, 2014.

Mongolia Brief November 3, 2014



Cabinet Supports Outcome of Intergovernmental Committee Meeting
By B. Amarsaikhan
Ulaanbaatar, November 3 (MONTSAME) The cabinet meeting on November 1 approved the results of the 18th regular meeting of the Mongolian-Russian intergovernmental committee on cooperation on trade, economy, science and technology, which was held this October 13-15.

Friday, November 14, 2014

Mongolia Brief October 31, 2014



First colored paint of Ikh khuree presented to City Government
October 31 (news.mn) Mongolian Academy of Sciences presented a historical paint of Ikh Khuree around 1805 to Ulaanbaatar City Governor`s Office today celebrating the 375th anniversary of founding the capital city.

Mongolia Brief October 30, 2014



Gov't Rep Addresses UN on Agricultural Development and Food Security
By B. Amarsaikhan
Ulaanbaatar, October 30 (MONTSAME) The Government representative to the 69th session of the UN GA Ms O.Enkhtsetseg addressed on October 28 a plenary meeting of the Second Committee on this theme.

Mongolia Brief October 29, 2014



Speaker Meets Vice-Chairman of Petro China
By B. Amarsaikhan
Ulaanbaatar, October 29 (MONTSAME) The Speaker of parliament of Mongolia Z.Enkhbold visited China National Petroleum Corporation (CNPC) in frames of his official visit to the PRC on October 28.

Mongolia Brief October 28, 2014



MoU on establishing Asian Infrastructure Investment Bank signed
October 28 (news.mn) A memorandum of understanding on establishing the Asian Infrastructure Investment Bank was signed by its participating countries in Beijing, China, on October 24th.

Mongolia Brief October 27, 2014



Special permit of Industrial and Technology Park is granted
October 26 (business-mongolia.com) The Government of Mongolia is granting soft loan in building industrial and technology park to process animal raw material domestically, renewal of equipment and technology, and increase of cash flow. Also additional subsidy is given to herders who sold their animal products (sheep and camel wool) to domestic factories.

Mongolia Brief October 24, 2014



Mongolian – Russian citizens will travel without visa up to 30 days
October 23 (business-mongolia.com) The Inter-Government Agreement on mutual travel conditions of citizens of the Russian Federation and Mongolia was signed on September 3 2014.

Mongolia Brief October 23, 2014



Program to Celebrate 375th Anniversary of Ulaanbaatar City
October 23 (infomongolia.com) In the frameworks of celebrating the 375th anniversary of founding the Capital City - Ulaanbaatar, the Mayor’s Office published a Program of events to be organized until October 29, 2014.

Mongolia Brief October 22, 2014



Bill on Ratifying Amendments to Int'l Convention Presented
By B. Amarsaikhan
Ulaanbaatar, October 22 (MONTSAME) The state Minister and MP Ch.Saikhanbileg presented Wednesday a draft law on accepting and ratifying the amendments to the Convention on Establishing the Multilateral Investment Guarantee Agency to the Speaker of parliament Z.Enkhbold.

Mongolia Brief October 21, 2014



First Consultative Meeting of Nuclear-Weapon-Free Zone Runs
By B. Amarsaikhan
Ulaanbaatar, October 21 (MONTSAME) The Central Asian Nuclear-Weapon-Free Zone countries together with our nuclear experts, who are participating in the UN Disarmament Commission (UNODA) in New York, ran their first consultative meeting on October 20 in the central headquarters of the UN.

Mongolia Brief October 20, 2014



Ts.Elbegdorj Meets with President of France
By B. Khuder
Ulaanbaatar, October 19 (MONTSAME) In frames of a participation in the 10th Summit of the Asia-Europe Meeting (ASEM) in Milan, the President of Mongolia Ts.Elbegdorj Friday met with his French counterpart Mr Francois Hollande.

Mongolia Brief October 17, 2014



Vice FM Meets FM of Philippines
By B. Amarsaikhan
Ulaanbaatar, October 17 (MONTSAME) The Mongolian delegation, headed by the President Ts.Elbegdorj, is taking part in the 10th Summit of Asia–Europe Meeting (ASEM).

Saturday, October 18, 2014

Mongolia Brief October 16, 2014 Part III



Several officials freed from Ministers' posts
By B. Amarsaikhan
Ulaanbaatar, October 16 (MONTSAME) Parliament session on October 16 discussed draft resolution on freeing some officials from posts of cabinet members and voted on each of the Ministers.

Mongolia Brief October 16, 2014 Part II



US Generals Visit Ministry of Defense
By B. Amarsaikhan
Ulaanbaatar, October 16 (MONTSAME) The State Secretary of the Ministry of Defense Major-General Z.Boldbaatar received on Wednesday 15 Generals and other high military officials from the USA.

Mongolia Brief October 16, 2014 Part I



Mongolian General in Command of UNMISS Operations
By B. Amarsaikhan
Ulaanbaatar, October 16 (MONTSAME) Department for Peacekeeping operations of the UN made a decision on September 26 to appoint Brigadier General and head of the department of policy planning in the Ministry of Defense of Mongolia Mr D.Bayarsaikhan as the Regional commander for Northern International troops. He is to leave Mongolia October 19 to receive his office at the location.

Mongolia Brief October 15, 2014 Part III



President’s advisor meets founder of TI
By B. Khuder
Ulaanbaatar, October 15 (MONTSAME) An advisor to the President on human rights and legal policy Ch.Onorbayar Wednesday received Mr Peter Eigen, the founder of the Transparency International NGO.

Mongolia Brief October 15, 2014 Part II



Names of New Three Ministers Promoted to Speaker of Parliament of Mongolia
October 15 (infomongolia.com) Today on October 15, 2014, Minister of the Cabinet Office of the Government of Mongolia, MP Ch.Saikhanbileg presented a draft bill on "Appointing New Members of the Cabinet, Dismissing Incumbent Ministers" to the Speaker of the State Great Khural (Parliament) Z.Enkhbold.

Mongolia Brief October 15, 2014 Part I



President of Mongolia Starts Official Visit to Austria
October 15 (infomongolia.com) On October 14, 2014, the President of Mongolia Tsakhia ELBEGDORJ and accompanying delegation arrived in Vienna, the Republic of Austria for a two-day official visit.

Mongolia Brief October 14, 2014 Part III



DBM about Great Construction Works
By B. Khuder
Ulaanbaatar, October 14 (MONTSAME) The Development Bank of Mongolia (DBM) is financing 23 packages of projects costing MNT 2.5 trillion in the spheres of energy, construction, housing, auto roads, infrastructure and light industry.

Mongolia Brief October 14, 2014 Part II



Mongolia won 6 medals at the Junior and Youth Sambo World Championship
October 14 (news.mn) Mongolia grabbed six medals at the 2014 Junior and Youth Sambo World Championship that was held in Seoul, South Korea.

Mongolia Brief October 14, 2014 Part I



Draft Amendments to Income Tax Law Submitted to Parliament
By B. Amarsaikhan
Ulaanbaatar, October 14 (MONTSAME) Draft amendments to the law on"Economic entity income tax" was presented Monday to the Speaker Z.Enkhbold by Ya.Sodbaatar, D.Sarangerel, N.Nomtoibayar and L.Enkh-Amgalan MPs.

Mongolia Brief October 13, 2014 Part II



International Conference to Invest in Five Western Aimags of Mongolia to Gather in Khovd Aimag
October 13 (infomongolia.com) Under the auspices of the Prime Minister, International Conference on Investment in Western Region of Mongolia will take place in Khovd Aimag on October 22-24, 2014.

Mongolia Brief October 13, 2014 Part I



Concept of sport law approved
By B. Khuder
Ulaanbaatar, October 12 (MONTSAME) At its regular meeting on Saturday, the cabinet approved a concept of the law on physical education and sport, considering as necessity to alter its some clauses so as to keep a current success of our athletes and develop public sports.

Mongolia Brief October 10, 2014 Part II



UK National Health Services reps meet MPs
By B. Amarsaikhan
Ulaanbaatar, October 10 (MONTSAME) Member of parliament and chairman of Standing committee on social policy, education, culture and science D.Battsogt together with G.Uyanga and  S.Ganbaatar MPs received on October 9 a delegation headed by Claire Johnston, the director of Candem&Islington NHS Foundation Trust of the UK, on the occasion of the World Mental Health Day (October 10). 

Sunday, October 12, 2014

Mongolia's new Petroleum Law now in effect – key points of its investor-friendly incentives

In the latest effort by the Government of Mongolia (GoM) to increase foreign investment and accelerate economic activity, the  Great Khural, or Parliament, has adopted the Law of Mongolia on Petroleum.

KHOT Announces Award of Road Repair Contract in Darkhan Province, Mongolia

ULAANBAATAR, MONGOLIA--(Marketwired - Oct. 7, 2014) -

MIAT Mongolian Airlines extends reach to Singapore and Frankfurt with plans for Bangkok & Delhi

With five aircraft, MIAT Mongolian Airlines is North Asia's smallest flag carrier. Mongolia in recent years has gained attention for double digit economic growth, including having the world's fastest-growing economy in 2011.

SPI cuts Inner Mongolia deal

SPI Solar subsidiary, Xinyu Xinwei New Energy Company, has signed an engineering, procurement and construction agreement with Inner Mongolia Jingzhaolai Energy Company for a 20MW solar project in Wulaichabu City.

Solar Power Inc. to Develop 20-Megawatt Inner Mongolia Project

Solar Power Inc. (SOPW), a renewable-energy developer backed by China’s LDK Solar Co., has agreed to build a solar farm with 20 megawatts of capacity in Inner Mongolia.

Nagaland awaits Amur falcons from Mongolia

Even as the first flock of Amur falcons from Mongolia have reached Pangti village in Wokha district of Nagaland to mark the advent of another migratory season, the scientific community is eagerly awaiting the arrival of ‘Naga’ and ‘Pangti’ — two Amur falcons which were satellite-tagged in Nagaland last year before the Amur falcons started their journey to South Principal Chief Conservator of Forests and head of Forest Force Nagaland, M. Lokeswara Rao told The Hindu that ‘Naga’ and ‘Pangti’ had been tracked in inner Mongolia on Wednesday and the two satellite tagged birds were expected to arrive in Nagaland anytime in October or early November.

Mongolia as the Key to a Russian-South Korean Strategic Partnership

Nestled between Russia and China, Mongolia is a geographically obscure country with the sparsest population density in the world.

Saturday, October 11, 2014

MIAT Mongolian Airlines extends reach to Singapore and Frankfurt with plans for Bangkok & Delhi

With five aircraft, MIAT Mongolian Airlines is North Asia's smallest flag carrier.

Mongolia Brief October 10, 2014 Part I



Former President of Mongolia, N.Enkhbayar Arrives in His Home Country
October 10 (infomongolia.com) The Head of Mongolian People’s Revolutionary Party (MPRP) Nambar ENKHBAYAR, who is under treatment in South Korea has arrived in Ulaanbaatar last night on October 09, 2014.

Mongolia Brief October 9, 2014



Mongolia at ASEP Meeting
By B. Khuder
Ulaanbaatar, October 9 (MONTSAME) A parliamentarian R.Amarjargal has taken part in the 8th Asia-Europe Parliamentary Partnership (ASEP) Meeting which was held October 6-7 in Rome, Italy.

Mongolia Brief October 8, 2014



“Transparent Ulaanbaatar” adopts declaration
By B. Amarsaikhan
Ulaanbaatar, October 8 (MONTSAME) A "Transparent Ulaanbaatar" international anti-corruption forum adopted the "Ulaanbaatar Declaration on anti-corruption" on Tuesday here. 

Mongolia Brief October 7, 2014



DP faction receives report from PM
By B. Khuder
Ulaanbaatar, October 7 (MONTSAME) At its regular meeting on Monday, the parliamentary faction of the Democratic Party (DP) received a report from the Prime Minister on implementation of the 100-day programme on intensifying the national economy.

Mongolia Brief October 6, 2014



Mongolia and France to Celebrate 50th Anniversary of Diplomatic Ties in 2015
October 6 (infomongolia.com) At the regular Cabinet meeting held on October 04, 2014, it was approved members of organizational committee to celebrate the 50th anniversary of the establishment of diplomatic relations between Mongolia and the French Republic marking in 2015.

Mongolia Brief October 3, 2014



Ulaanbaatar Mayor meets with Mayor of Moscow
October 3 (news.mn) The Governor of the Capital City and Mayor of Ulaanbaatar E.Bat-Uul met Mayor of Moscow Sergei Sobyanin.

Mongolia Brief October 2, 2014



Leaders of Mongolian Government Place Flowers to Zorig Memorial
October 2 (infomongolia.com) On October 02, 2014, family members, friends and state representatives led by President Ts.Elbegdorj, Speaker of the Parliament Z.Enkhbold and Prime Minister N.Altankhuyag have placed flowers to the monument of S.Zorig.

Mongolia Brief October 1, 2014



Mayor of Ulaanbaatar Visits London to Broaden Cooperation
October 1 (infomongolia.com) Governor of the Capital City and Mayor of Ulaanbaatar, Mr. Erdene BAT-UUL is conducting working visits to London and Moscow cities from September 24 to October 06, 2014.

Mongolia Brief September 30, 2014



Our President Invited to Turkmenistan
By B. Amarsaikhan
Ulaanbaatar, September 30 (MONTSAME) The Foreign Minister L.Bold met with his counterparts from Portugal and Turkmenistan on September 29 in New York.

Mongolia Brief September 29, 2014



Advisor to President Meets Reps of Czech Chamber of Commerce
By B. Khuder
Ulaanbaatar, September 28 (MONTSAME) An advisor to the President on living environment and green development policy L.Erkhembayar Friday received advisors of the Chamber of Commerce of the Czech Republic.

Mongolia Brief September 26, 2014



Oyu Tolgoi Board Meeting Approaches
By B. Amarsaikhan
Ulaanbaatar, September 26 (MONTSAME) Oyu Tolgoi feasibility study has been submitted by "Turquoise Hill Resources" Ltd. to the Board of directors of Oyu tolgoi company, the latter will discuss the study this October 2.

Mongolia Brief September 25, 2014



President Takes Floor at General Debate
By B. Khuder
Ulaanbaatar, September 25 (MONTSAME) The leader of Mongolia Mr Ts.Elbegdorj expressed his country’s position over some issues at the General debate of the 69th session of the United Nations General Assembly on Wednesday in the UN Headquarters, New York City.

Mongolia Brief September 24, 2014



President Runs Meetings during UNGA
By B. Amarsaikhan
Ulaanbaatar, September 24 (MONTSAME) The leader of Mongolia Ts.Elbegdorj held several bilateral meetings in New York city on September 23.

Wednesday, September 24, 2014

Mongolia Brief September 23, 2014 Part IV



Parliament's autumn session agenda

September 23 (news.mn) The Council under the Speaker of the Parliament of Mongolia held a meeting on Monday. The council decided that the autumn session of parliament would open on October 1st and discussed scheduled draft bills.

Mongolia Brief September 23, 2014 Part III



Foreign Minister L.Bold Working in New York
By B. Khuder
Ulaanbaatar, September 23 (MONTSAME) While taking part in the 69th session of the United Nations General Assembly in New York, Mongolia’s Minister of Foreign Affairs L.Bold met Monday with his counterparts of the member- states of Asia Cooperation Dialogue (ACD).

Mongolia Brief September 23, 2014 Part II



“Let's Cut the Chain” running to fight the sex trade
September 23 (news.mn) A group helping sex trade victims in Mongolia, Lantuun Dohio (Лантуун дохио) an “NGO network against human trafficking” are organizing the “Let's Cut the Chain” run to raise public awareness about human trafficking at National Garden Park, on September 27th.

Mongolia Brief September 23, 2014 Part I



Int’l Atomic Energy Conference Begins
By B. Amarsaikhan
Ulaanbaatar, September 23 (MONTSAME) Mongolia's delegation led by N.Tegshbayar, a head of Mongolia’s Nuclear Energy Authority (NEA), is taking part in the 58th international Atomic Energy Agency (IAEA) General Conference in Vienna of Austria.

Mongolia Brief September 22, 2014 Part IV



Four countries are to create economic cooperation organization
By B. Khuder
Ulaanbaatar, September 22 (MONTSAME) Export-import banks of Mongolia, the Republic of Korea, China and Russia signed an agreement to establish Northeast Asian Export-Import Banks Council on September 18 in Yanji, China, said on Friday "businesskorea.co.kr" website.

Mongolia Brief September 22, 2014 Part III



Defense Minister of Turkey, Ismet Yilmaz to Conduct Official Visit to Mongolia This Week
September 22 (infomongolia.com) Delegates from the Ministry of National Defense of the Republic of Turkey headed by Minister Ismet Yılmaz are paying an official visit to Mongolia on September 25-26, 2014.