Sunday, April 13, 2014

Mongolia Brief April 11, 2014 Part II



Macedonian women parliamentarians visiting
Ulaanbaatar, April 11 (MONTSAME) A member of Macedonia’s parliament Ms Tanja Tomic; and representatives of the Democratic Institution and Human Right Organization at the Organization for Security and Co-operation in Europe (OSCE) are visiting Mongolia.

They have been invited by the unofficial group of women parliamentarians at the State Great Khural (parliament).
By the visiting programme, the foreign representatives will hold serial training for women MPs, their advisors and assistants on April 12-14 in the State House, with themes “Joint policy on overcoming challenges”, “Making women’s group more effective”, “Good experiences of OSCE”, “Participation of women’s group and their members in improving governance”, “Policy for women’s groups and Action Plan” and “Fruitful ties and involving women’s group in it”.


IFC to support Mongolian banking sector
Ulaanbaatar, April 11 (MONTSAME) The International Financial Corporation (IFC) has partnered with Mongolian Bankers Association to introduce and implement sustainable banking practices to help financial institutions improve their environmental and social risk management, and contribute to greener and equitable economic growth.
The frontiers-capital.com website published this news on Thursday.
Mongolia is committed to a low-carbon development path. Mongolian banks have been discussing sustainability issues with other stakeholders such as government agencies and corporates. Last November, 14 of the lenders publicly declared their commitment to promoting sustainable banking practices in the country.
IFC will support the Mongolian Bankers Association’s plan to develop the Mongolian Sustainable Banking Principles and industry guidelines by mid-2015. The guidelines will be based on international benchmarks such as the IFC Performance Standards, the World Bank Group Environmental, Health and Safety Guidelines, and the Equator Principles, a credit risk management framework for determining, assessing and managing environmental and social risk in project-finance transactions. IFC will also help build capacity in local banks, consulting firms, and training institutions to achieve this goal.
“The partnership with IFC is part of ongoing efforts by Mongolian banks to contribute to green and inclusive economic development in Mongolia,” said Norihiko Kato, Vice President of the Mongolian Bankers Association. “With help from IFC, the association will provide technical resources and knowledge to help our members improve their sustainable banking systems and products,”
The Mongolian Bankers Association is a self-regulated professional body initiated by 13 commercial banks, one development bank, four financial and non-financial banking institutions, and three foreign bank representative offices. Its vision is to lead the banking and financial sector in supporting the sustainable development and equitable economic growth of Mongolia.
“The project will enhance risk management and expand lending to socially and environmentally friendly projects. This will help generate real results toward greener growth,” said Tuyen D. Nguyen, IFC Resident Representative in Mongolia. “IFC’s experience globally and in Asia has demonstrated a strong business case for sustainable banking.”
In addition to investments across multiple sectors in Mongolia, IFC is supporting this sustainable finance initiative through the Environmental and Social Standards for Financial Institutions Program in East Asia and the Pacific. The program provides advice to help improve the environmental and social sustainability of banks in China, Indonesia, Mongolia, the Philippines, Thailand, and Vietnam.


Stock exchange news for April 11
Ulaanbaatar, April 11 (MONTSAME) At the Stock Exchange trades held Friday, a total of 216 thousand and 968 shares of 19 JSCs were traded costing MNT 123 million 510 thousand and 516.00.
"Bayankhairkhan" /200 thousand units/, "Moninjbar” /5,695 units/, "Remikon” /3,336 units/, "Tavantolgoi” /1,562 units/ and "APU” /1,559 units/ were the most actively traded in terms of trading volume, in terms of trading value--"Bayankhairkhan" (MNT 100 million), "Tavantolgoi" (MNT eight million 024 thousand and 780), "APU" (MNT six million and 800), "Moninjbar" (MNT one million 651 thousand and 550) and "BDSec" (MNT one million and 614 thousand).
The total market capitalization was set at MNT one trillion 600 billion 931 million 296 thousand and 518. The Index of Top-20 JSCs was 15,809.70, decreasing by MNT 131.89 or 0.83% against the previous day.


Mongolian footballer plays first match in Thailand
Ulaanbaatar, April 11 (MONTSAME) The first-ever professional footballer of Mongolia A.Moron made his first appearance in Thailand’s football arena on Wednesday.
Playing for Krabi FC of Thailand, A.Moron had a successful assist to a goal at Khonkaen FC vs Krabi FC match which ended with a score of 2:1 in favor of Khonkaen FC. This was the last match of Krabi FC in the Thailand Football Association Cup. Krabi FC is currently the 15th in Thailand League Division 1, with one win and two draws.
Becoming the first-ever professional footballer of the nation, A.Moron Friday signed two year’s agreement to play for the Krabi FC in the first division league of Thailand last December.
Born in Ulaanbaatar, A.Moron (24) has played college soccer for Hannibal-LaGrande University and the Central Methodist Eagles, located in Fayette, Missouri. He made his international debut for Mongolia in 2007, and has appeared in FIFA World Cup qualifying matches. 


“Harumafuji” D.Byambadorj to study for master degree
Ulaanbaatar, April 11 (MONTSAME) The 70th Yokozuna of Japanese professional sumo wrestling Harumafuji D.Byambadorj has enrolled the Hosei University of Tokyo to achieve a master degree.
He became the first Yokozuna-titled sumo to enter the university. Last year, he graduated from the Mongolian University of Law Enforcement, and then passed the enrolment examination of the Hosei University this year. On April 7, he received his student card.
The Japan Sumo Association (JSA) has permitted D.Byambadorj to study in the university, thus he will become the very first Yokozuna to defend the degree in sumo history.  


E.Sodnompeljee qualified to compete in Paralympics
Ulaanbaatar, April 11 (MONTSAME) A Mongolian powerlifter E.Sodnompeljee has been qualified to compete in the Rio De Janeiro Summer Paralympic Games of 2016.
Competed in the men’s 88 kg contest, he got the right after he took 7th place in the 2014 IPC Powerlifting World Championships ran April 5-11 in Dubai, the UAE.
This year’s IPC Powerlifting World Championships were participated by some 300 powerlifters from 500 countries. First ten athletes in each weight category contest are qualified to take part in the Paralympics.
As the result, the national team of Egypt won the World championships, winning four gold, five silver and two bronze medals.   


Ambassadors of Mongolia to Indonesia and Brazil Promoted
April 12 (infomongolia.com) At the Cabinet meeting held on April 12, 2014, Ambassadors to represent Mongolia in Indonesia and Brazil were backed based on the Law of Government, Article 15.4 and it was agreed to submit the names to the President of Mongolia.
Ambassador Extraordinary and Plenipotentiary of Mongolia to the Republic of Indonesia Mrs. Shagdar BATTSETSEG and Ambassador Extraordinary and Plenipotentiary of Mongolia to the Federative Republic of Brazil Mrs. Chuluunbat SOSORMAA are preliminary promoted.
At the plenary session of the State Great Khural (Parliament) held on June 07, 2013, the issues to open Mongolian Embassies in above countries were approved and according to this decision the Embassy of Mongolia being established in Jakarta and Brasilia cities respectively.
Cabinet Ministers deem by promoting Mongolian envoys to represent its nation in Jakarta, Indonesia and Brasilia, Brazil, they would work actively and in broad ranges to boost bilateral economic, commercial, cultural, educational and other fields of cooperation.
Mongolia and the Republic of Indonesia have established the diplomatic relations on December 22, 1956.
Mongolia and the Federative Republic of Brazil have established the diplomatic relations on June 19, 1987.


Government of Mongolia Approves Quotas for Hunting in 2014
April 12 (infomongolia.com) At the Cabinet meeting held on April 12, 2014, the Government of Mongolia approved the quotas for hunting and trapping wild animals under specific purposes in 2014.
For instances, in 2014 it is allowed to hunt a total of 28 Ugalz (male wild sheep - Argali), 41 mountain goats (Ibex), 20 red deer, 20 wolves, 10 roe deer, and 200 Mongolian gazelles. Also, for study purposes to trap up to 20 saker falcons and 310 Taimen or Siberian Salmon are permitted to be caught but to be released after.
According to hunting management plan realized in 2013, Government allowed foreign nationals to hunt some species for sports and game purposes, where in 28 Sums (administrative unit of aimag) were hunted 15 ugalz, 32 mountain goats, 10 red deer, 4 wolves, 4 roe deer and 4 wild boars and 520,000,000 MNT were compounded in the Sum and State budgets.
As a result of policy reforms to transfer hunting management to local authorities, it positively affects to wildlife conservation and as today, there local environment protection 3 unions, 6 cooperatives, 4 NGOs and 2 cooperatives composed of herdsmen are exist.

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