Mongolia Brief June 11, 2014
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.
Related:
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.
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