Mining Ministry Announces 10 Objectives for 2014
June 10 (business-mongolia.com) The Ministry of Mining announced 10 objectives for 2014 at its monthly “Transparent Mining’ press conference held on May 28th, according to Info Mongolia.The objectives include:
1. Acceleration of underground development of Oyu Tolgoi project
2. Increase of profitability of state-owned Erdenes Tavan Tolgoi LLC and improvement of its competitiveness by attracting investments to the company from local and international markets—most likely with initial public offerings on stock exchanges of London, Hong Kong, and Ulaanbaatar.
3. Implementation of “Coal Gasification Project”, a joint project with China’s Sinopec Group with an estimated value of US$30bn. The Ministry of mining plans to prepare the Feasibility Study by mid- August of 2014 and start the construction works within 2014.
4. Selection of location for an Oil Processing plant.
5. Increase the production at Erdenes Tavan Tolgoi’s licensed deposits and launch production of the Tsagaan Suvraga, Gachuurt and Asgat mines.
6. Intensification of activities of Petroleum Authorities.
7. Completion of the study on rare earth elements, fluorspar, coal, zinc, gold and other mixed metals and start construction of copper smelter and steel plants.
8. Resolve litigation of suspended 106 exploration licenses.
9. Improvement of mining industry development with more extensive geological mapping Strengthen the mining industry as a whole with greater participation of mining firms on the stock exchange for fund raising.
Parliament to Discuss State Science Technology Policy
Ulaanbaatar, June 11 (MONTSAME) Education and Sciences Minister L.Gantomor submitted Tuesday to parliament Speaker Z.Enkhbold a parliamentary resolution draft on approval of the State science and technology policy.
The document has been revised and renewed to accord with several expediencies including changing economic and social development tendencies, current knowledge-based policies for economic development, and a need to coherent scientific and technological development of Mongolia to international level and tendency.
The policy also welcomes principles of research-based, results-confirmed and true use of the scientific and technological development policy and planning.
Mongolian Band to Cover ‘Pink Floyd’
Ulaanbaatar, June 11 (MONTSAME) A Mongolian rock group named ‘Jokers Wild’ is planning to cover hit songs of a legendary English rock band ‘Pink Floyd’ on June 27 in Ulaanbaatar.
At the concert called ‘Echoes: Pink Floyd Tribute’, the Mongolian band will song fourteen songs of Pink Floyd including ‘Marooned’, ‘Keep Talking’, ‘Sorrow’, ‘Hey You’, ‘Echoes’ and ‘One of These Days’ together with Bayanmongol ensemble in the background. The performance will take place in the Concert Hall of State Philharmonic Theater.
Pink Floyd were an English rock band that achieved international acclaim with their progressive and psychedelic music. Distinguished by their use of philosophical lyrics, sonic experimentation, and elaborate live shows, they are one of the most commercially successful and musically influential groups in the history of popular music.
Pink Floyd were one of the most commercially successful and influential rock bands of all time. They have sold more than 250 million records worldwide, including 74.5 million certified units in the United States, and 37.9 million albums sold in the US since 1993. The Sunday Times Rich List, Music Millionaires 2013 (UK), ranked Waters at number 12 with an estimated fortune of £150 million, Gilmour at number 27 with £85 million and Mason at number 37 with £50 million.
Ulaanbaatar Dialogue on Northeast Asian Security will be held
June 11 (news.mn) The President of Mongolia Ts.Elbegdorj officially announced the initiative for the Ulaanbaatar Dialogue on Northeast Asian Security at the 7th Ministerial Conference of the Community of Democracies in April, 2013. Mongolia has friendly relations with every country in the region and therefore aims to contribute to having challenging issues in the region resolved in a peaceful way during the Ulaanbaatar Dialogue.
Due to the President`s initiative, Mongolia hosted for the first time the Forum of Northeast Asian women parliamentarians in 2013.
Mongolia is planning to organize the forum of Mayors of Northeast Asian cities this year as well. The Ulaanbaatar Dialogue on Northeast Asian Security is not a single action, but a mechanism of multilateral dialogues depending on various issues.
The key purpose of the Ulaanbaatar Dialogue is to provide a platform to every country equally to define their position and seek ways to reach resolutions.
This would be the first international scientific conference that will be organized in the framework of the initiative of the Ulaanbaatar Dialogue on Northeast Asian Security. The conference will be represented by over 100 scholars and researchers from Mongolia, North Korea, the Republic of Korea, China, the Russian Federation, Japan, the USA and the EU.
Asian Science Park Association Leaders to Meet in Ulaanbaatar, Mongolia
June 11 (infomongolia.com) The 9th Asian Science Park Association Leaders Meeting & Business Meeting themed "Best Practices of Asian Science Parks" will be taking place in Ulaanbaatar at the National Information Technology Park on June 19-21, 2014.
The 9th Meeting is organized by Asian Science Park Association (ASPA), where over 30 delegates from Japan, South Korea, Taiwan, Turkey and Vietnam along with representatives from Mongolian entities, companies, NGOs and Universities are to gather, which aims to facilitate the exchange of experience and to regularly upgrade the knowledge of leadership or future managers of science and technology parks on the development of science park and technology business incubator.
This meeting provides various programs so that members of ASPA can exchange information about their experience. This meeting is open to not only the ASPA members, but also the entrepreneurs, who are related with high-tech industries.
During the Leaders Meeting, presentations will be performed including Japanese Model (Kanagawa Science Park), Korean Model (Korea Technopark Association) and Taiwanese Model (Central Taiwan Science Park) as well.
At the Business Meeting Asian leading electronics, technology, vehicle and IT companies will share their experiences and discuss opportunities for further cooperation.
National Information Technology Park of Mongolia joined the ASPA in 2012.
Asian Science Park Association leaders gather in Ulaanbaatar – news.mn, June 11
Mongolia-Inner Mongolia Investment Forum 2014
June 11 (news.mn) The Mongolia-Inner Mongolia Investment Forum 2014 will take place on July 2nd to 4th.
The main organizers are the Invest Mongolia Agency, Mongolian National Chamber of Commerce and Industry and the China International Commerce Chamber in Inner Mongolia.
For the forum over 200 investors and business representatives will attend with concerns of China to Mongolia relations in the fields of energy, food, agriculture, communication, commerce, banking, financing, and the environment.
During the Mongolia-Inner Mongolia Investment Forum 2014 projects needing investment and programs will be introduced and business cooperation agreements will be signed.
Ikh Duichen or Vesak Day to Be Celebrated in Mongolia
on June 13, 2014
June 11 (infomongolia.com) The Buddha's date of birth, date of reaching enlightenment and date of reaching nirvana altogether fall on a same day or on the 15th of the first summer month by a lunar calendar and this year the day falls on June 13, 2014 by the Gregorian calendar.
Since these three important days coincide on the same day, it is called "Ikh Duichen" day (Ikh Duichen (Duichin) - in Tibetan "Great Moment") and is also known as Vesak or Vesakha day internationally and every year traditionally being celebrated by Buddhists and non-Buddhists in Asian and other regions.
Moreover, UN’s General Assembly, by its resolution 54/115 of 2000, formally recognized the International Day of Vesak to acknowledge the contribution that Buddhism, one of the oldest religions in the world, has made for over two and a half millennia, in the year 623 B.C., and continues to make to the spirituality of humanity, and to commemorate the "Ikh Duichen" or Vesak Day as an International Day at the United Nations Headquarters and its worldwide offices.
In Mongolia on June 13, 2014, the "Ikh Duichen" Day will be celebrated by Mongolian Buddhist Center of Gandantegchinlen Monastery in collaboration with several NGOs conducting Buddhist religious activities.
The Day program is comprised of three parts:
- At the Gandantegchinlen Monastery in Ulaanbaatar the Rinsel (Relics) offering ceremony and other religious and cultural events will be held from 6 o’clock morning to 4 o’clock afternoon.
- A 1,080 parade on the Peace Ave. from Gandantegchinlen Monastery to Chinggis Square from 05:00 to 07:00 pm.
- Introducing the Bodhi Tree (Sacred Fig tree) to public at Chinggis Square, known as Sacred Relics of Maidar (Maitreya) Buddha. Also, meditation flash mob and art performances including Tsam (Cham) Dance will be organized.
In the scope of the Day, the Rinsel and first ever planted in Mongolia the Bodhi Tree under Grand Maitreya Project will be displayed for public at Chinggis Sq. for 14 days.
The Bodhi Tree is a very old Sacred Fig tree located in Bodh Gaya, India, where the Buddha attained Enlightenment.
President Ts.Elbegdorj Plans to Visit Tokyo as Japan Looks for Further Cooperation from Mongolia Regarding Abduction Issue
June 11 (infomongolia.com) Japanese Yomiuri Shimbun newspaper reports, the President of Mongolia Ts.Elbegdorj is to conduct a visit to Japan meeting the Government Head Shinzo Abe.
According to source, the President’s visit is scheduled in late July, which is expected his second visit to Tokyo this year, following one made in April 2014.
If the visit realized, President Ts.Elbegdorj will be informed about the agreement reached between Tokyo and Pyongyang during recent intergovernmental talks in Stockholm to reinvestigate the fate of Japanese nationals abducted by North Korean agents in the 1970s and 1980s.
Therefore, Tokyo aims to strengthen relations with Ulaanbaatar in a bid to resolve the issue of North Korea's abductions of Japanese nationals.
In March 2014, Mongolia acted as a go-between for Japan and North Korea to materialize the first-ever meeting in Ulaanbaatar between the parents of Megumi Yokota, who was among abduction victims, and her daughter, who lives in North Korea.
“Let’s Reform and Resolve-222” Meeting Runs
Ulaanbaatar, June 11 (MONTSAME) The main purpose of the tax reform is to form a sustainable internationally-accepted tax system which is understandable and simple, ensured a equal principle and supported economy and investments.
The Minister of Finance Ch.Ulaan said it at the “Let’s reform and resolve-222” weekly meeting on Tuesday which was attended by authorities and experts from the Ministry of Finance, the Customs Office and the Tax Office; and representatives from the Mongolian National Chamber of Commerce and Industry (MNCCI), professional associations and tax payers.
The Minister said parliament has passed some laws initiated by the cabinet in frames of the 100 days for intensifying the national economy, and these laws are the first step for the tax reforms. In addition, the cabinet has submitted to parliament a draft amendment to the law on VAT, which reflects a clause on augmenting the VAT threshold to up to MNT 50 million. The cabinet also submitted to parliament a draft amendment to the law on income excise tax of enterprisers, and it is being discussed at the parliamentary session, the Minister said.
Obtaining some clarifications on the adopted and discussed drafts, the business delegates expressed their satisfaction with these amendments, but some of them spoke proposals and complaints over tax payment and reporting process, saying that there is a requirement to upgrade the tax laws in terms of policy and to update the laws’ implementation and tax services.
In response, head of the Tax Office T.Batmagnai said a policy is being maintained to simplify the tax payment and reporting process by introducing a proper solution of IT.
Near-Border Areas to Be Protected from Wildfire
Ulaanbaatar, June 11 (MONTSAME) The second consultative meeting of forestry cooperation of Mongolia and Russia has successfully ended in Ulaanbaatar.
At the two-day event, representatives of Mongolia and Russia led by Mongolian Environment and Green Development Deputy Minister B.Tulga and Russian Federal Forestry Agency deputy head Alexander Victorovich Panfilov discussed issues regarding near-border wildfire prevention and protection, fire prevention management, wildfire statistics and damage calculation.
At the meeting, the Russian side supported Mongolia’s offer to increase the number of Mongolian students studying forestry management in Russia.
Speaker Meets BB Potsdam Company Director
Ulaanbaatar, June 11 (MONTSAME) On Tuesday, the Speaker of parliament received Raimund Foerster, director of the “BB Potsdam” German company; Joahan Frumhan, the company’s executive director; and B.Monkhtuya, director of the “Germon gas” Mongolian company.
At the meeting, the sides exchanged views on implementing a project on erecting a big factory of petroleum by liquefying coal, which was discussed between the President of Mongolia and the Chancellor of Germany in 2011.
It is difficult to allot money from the both countries for realizing the project, so it is planned to take a financing from international financial organizations, Mr Foerster said, and noted the project costs 1.5-2 billion US dollars. It is vital to conduct a thorough feasibility on the project, and the two countries are projected to allot money of USD 8 million, he said, adding that the factory is expected to be put into use by 2017.
The Speaker said that this project is one of the strategic important projects for a development of Mongolia, and underlined it will open a new chapter in the Mongolia-Germany economic cooperation and bring it into a new volume. He proposed to accelerate the project in order to put the factory into use prior to the scheduled period.
Moreover, the Speaker expressed a satisfaction with a successful implementation of a project on establishment of the Mongolia-Germany joint Mining and Technological Institute which opened on September 25 of 2013.
Present at the meeting were D.Terbishdagva, Deputy Prime Minister; R.Burmaa, head of the Mongolia-Germany inter-parliamentary group; and other officials.
Standing Committee Head Submits Draft Amendment
Ulaanbaatar, June 11 (MONTSAME) Head of the parliamentary Standing committee on environment, food and agriculture G.Bayarsaikhan Tuesday submitted to the Speaker a draft amendment to the law on the legal status of city and settlements.
The current law came into force 20 years ago, but cities and settlements have been lack of own developmental guidelines and rules on possibility to development independently because of a poor realization of the law.
Thus, it is urgent to alter the law, Bayarsaikhan said, adding that the draft has been formulated, introducing international experiences harmonized with Mongolian features.
In accordance with the draft amendment, a city and settlement must have own rules and these shall be approved by their residents. Moreover, state and municipal classifications will be fixed in the city and its districts, Bayarsaikhan said.
Latvian President to Arrive in Ulaanbaatar Today
Ulaanbaatar, June 11 (MONTSAME) Invited by the president of Mongolia Ts.Elbegdorj, the Latvian President Andris Berzins is to arrive in Ulaanbaatar Wednesday evening.
President Elbegdorj will welcome his counterpart of Latvia on the Chinggis square, before the latter pays respect to the monument of Chinggis Khaan and signs the honor guest book in the State House.
After that, the leaders of the two nations will meet in the ceremonial hall of the State House, and held official negotiations, before attending a Mongolia-Latvia cooperation document signing ceremony.
During his visit here, Mr Berzins will also meet the Prime Minister N.Altankhuyag.
On Thursday, a Mongolia-Latvia business forum will take place in the Foreign Ministry with participation of the President of Latvia. After that, Mr Berzins is expected to take part in an opening of an exhibition about Latvia in the Zanabazar Fine Art Musuem.
The second day of the visit, Mr Berzins will hold a round-table talks with Education and Sciences Minister L.Gantomor in Best Western Tuushin hotel.
During his stay in Ulaanbaatar, the Latvian President will visit to a Buddist monastery of Gandantegchilen in central Ulaanbaatar.
FRC and MASTH to Collaborate
Ulaanbaatar, June 11 (MONTSAME) The Finance Regulatory Committee (FRC) and the Mongolian Association of Securities Trade Holders (MASTH) will cooperate in ensuring a sustainable development of securities market.
A memorandum on it was established on Tuesday. Furthermore, the sides will cooperate in granting permission for carrying out professional services and works at the market, working out and implementing a policy and action planning for the securities market, holding training for beginners and professionals and bringing their proper and close cooperation into a new level.
Mongolia to Host ASPA Leaders Meeting
Ulaanbaatar, June 11 (MONSTAME) The 9th Asian Science Park and Association (ASPA) Leaders meeting is to run in Ulaanbaatar June 19-21.
The meeting will be attended by some thirty experts of Asian science parks, and official institutions and business entrepreneurs in the hi-tech industries from countries such as Japan, S.Korea, Turkey, Taiwan and Vietnam, together with representatives of Mongolian entities, companies, governmental and non-governmental organizations and universities.
The event will provide various programs so that participants can exchange their experience and upgrade their knowledge as well as enhance collaboration under the theme entitled “International Conference – Best Practice of Asian Science Parks”.
The purpose of ASPA Leaders meeting is to share know-how of advanced science and technology parks with developing parks in Asia. The 9th Leaders Meeting in Ulaanbaatar will be a great chance to learn the history of major countries' science parks and business models. In the meeting, the gathered can discuss the suitable science park model for each region. In addition, they are going to discuss science parks’ role in the industry-university-government cooperation system.
The key speakers at the meeting include Mr Hirohisa Uchida, Chief Executive Officer at Kanagawa Science Park Inc, Japan; Mr In Kyo Kim President and CEO Korea Techno Park Association, S.Korea; and Mr Wayne Wang, Director General Central Taiwan Science Park Bureau, Ministry of Science and Technology, Taiwan.
Nationalism Discussed Here
Ulaanbaatar, June 11 (MONTSAME) The Sciences Academy (SA) in collaboration with the Mongolian National Democratic Party (MNDP) are organizing discussion themed ‘Nationalism: Development of Nation’ in Ulaanbaatar hotel.
Opening the discussion, the MNDP chair M.Enkhsaikhan had a speech and held a presentation under a topic of ‘Citizenship, Nationality and Politics’. At the meeting, other presentations will be held under topics of ‘Mongolian citizenship and development tendency of Mongolia’ and ‘Subject matter of nationalism’.
This event is gathering scientists and academicians from SA, MNDP and the National University of Mongolia.
Hungarian Delegates Visit State Third Hospital
Ulaanbaatar, June 11 (MONTSAME) Administration of the State Third Hospital received a delegation team of Hungarian “VMD Hospital Technology” company on Tuesday.
It took place in frames of “Economy and investment in health sector” meeting which was run by the Ministries of Health and of Economic Development, and the National Chamber of Commerce and Industry on June 7.
With an aim at carrying out guidance that was created at the meeting and forwarding operation of medical organizations, the sides talked the matters relating to joint partnership activity for hospital development, capacity calculation of diagnosis and treatment, main difficulties and international experiences then exchanged opinions on the matters.
Delegation team consisted of Mr Gaspor Marot, the general-director of the company, D.Boloroo, a director of the Representation of the company in Mongolia and Mr Shtafan, an executive director.
VMD Hospital Technology plays a significant role in the Hungarian medical market. During the past two decades we have become one of the most important market-integrators in the field of medical devices and consumables in Hungary.