Monday, June 2, 2014

Mongolia Brief June 2, 2014 Part II

Dialog partner first meeting held in Jakarta
Ulaanbaatar, June 2 (MONTSAME) A dialog partner meeting of Mongolia and the Economic Research Institute for ASEAN and East Asia (ERIA) ran in ASEAN Secretariat in Jakarta, Indonesia on May 30.

Present at the meeting were National Security and Policy Advisor to the President of Mongolia L.Purevdorj, Permanent representative of Mongolia to ASEAN Ts.Jambaldorj, Ambassador of Mongolia to Japan S.Khurelbaatar, ASEAN Secretary General Le Luong Minh, and ERIA Executive Director Prof Hidetoshi Nishimura.
At the meeting, Mr Purevsuren presented to Prof Nishimura a letter from Mongolia’s President Ts.Elbegdorj, in which he wishes a success in this dialog partner first meeting and expresses a confidence in Mongolia’s becoming a dialogue partner of ASEAN, and a member state to ERIA.
Mr Purevsuren said that Mongolia would like to integrate with the economic linkages and grouping in the region. As part of East Asia, he pointed out that Mongolia is aspired to become a dialogue partner of ASEAN, a member of Asia Pacific Economic Cooperation as well as East Asia Summit.
After introducing functions and recent activities of ERIA, Prof Nishimura expressed an interest to cooperate with Mongolia in regional energy, infrastructure projects.
The Economic Research Institute for ASEAN and East Asia or ERIA is an international organization established in Jakarta, Indonesia in 2008 by a formal agreement among Leaders of 16 countries in the East Asian region to conduct research activities and make policy recommendations for further economic integration in the East Asia.
ERIA works very closely with both the ASEAN Secretariat and 16 Research Institutes to undertake and disseminate policy research under the three pillars, namely “Deepening Economic Integration”, ”Narrowing Development Gaps”, and “Sustainable Development” and provide analytical policy recommendations to Leaders and Ministers at their regional meetings. ERIA provides intellectual contributions to East Asian Community building and serves as a Sherpa international organization. ERIA ranks 28th among the world's "Top 50 International Economic Policy Think Tanks" (1st in ASEAN) according to the 2012 Global Go To Think Tanks Index Report conducted by University of Pennsylvania.

Trade law to be developed
Ulaanbaatar, June 2 (MONTSAME) The Cabinet meeting last Saturday agreed to develop a law draft on trade. The draft will be further submitted to a parliamentary discussion.
There are social and economic needs to develop this document in order to realize pledges of Mongolia to the World Trade Organization, to regulate, promote and develop trade activities in the nation, consider the Cabinet.
In 2013, Mongolia traded with 135 countries, where the total external trade turnover reached USD 10.62 billion, of which exports made up USD 4.27 billion and imports – USD 6.35 billion, a statistics says.

Speaker meets delegation of University of Denver
Ulaanbaatar, June 2 (MONTSAME) The Speaker of parliament Z.Enkhbold Monday received teachers and students at the Master of Business Administration training at the University of Denver (UD).
Trainees of the UD’s MBA programme travel around the world in order to study a business tendency and experiences of countries.
Introducing to the delegation on a present economic situation and business sector in Mongolia, the Speaker emphasized Mongolia has been included in the list of ten countries providing a good condition for making investments.
He noted that the Mongolia’s Ministry of Mining has launched a project together with the China’s Sinopec Group on producing 15 billion cubic meters of gas a year by processing 50-80 million tons of coal. He recommended the delegation to see activities of mining companies in Gobi.

Mongolian delegations meet Laos Public Security Deputy Minister
Ulaanbaatar, June 2 (MONTSAME) A Mongolian delegation led by B.Tsogoo, a head of State Service Council visited Laos on May 26-29, at an invitation of Mr Kammun Vipongsae, a deputy minister of Public Security for public registration and issues.
In Vietnam, B.Tsogoo met with Mr Saisi Santiwong, the Minister of Public Security and other officials to share views on matters relating to operation of state service offices, state service policies and further cooperation of Mongolia and Laos.
During the visit, a seminar themed “State service management and bilateral cooperation” ran among related officials of the two countries, where Mr Tsogoo and Mr Kammun gave information on the matter.
Furthermore, a cooperation memorandum was established between the sides and was inked by Mr Tsogoo and Mr Santiwong.
Ending the meeting, Mr Santiwong said that Laos part wants to exchange experiences with Mongolia on state service policy and operations.

UAE Foreign Minister to visit Mongolia
Ulaanbaatar, June 2 (MONTSAME) At an invitation of Foreign Minister L.Bold, his counterpart of the United Arab Emirates (UAE) Sheikh Abdullah bin Zayed bin Sultan Al Nahyan will visit Mongolia on June 3-4.
The UAE Foreign Minister will be received by the President of Mongolia Ts.Elbegdorj, the Prime Minister N.Altankhuyag, and will have negotiations with his Mongolian counterpart L.Bold about economic relationship and cooperation between Mongolia and UAE.

Foreign Minister meets UN-OHRLLS High-Rep
Ulaanbaatar, June 2 (MONTSAME) The Minister of Foreign Affairs L.Bold Monday met Mr G.C. Acharya, Under-Secretary-General and High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS).
Mr Acharya is visiting Mongolia to take part in a high-level international workshop titled “WTO Agreement on Trade Facilitation: Implications for LLDCs” kicked off Monday in Ulaanbaatar.
At the meeting, the sides exchanged views on easing the trade of landlocked developing nations, especially on impact of the WTO Agreement on Trade Facilitation on the landlocked countries. They agreed with an importance of this meeting for summarizing implementation of the Almaty Programme of Action addressing the special needs of landlocked developing countries within a new global framework for transit transport.

Stock exchange news for June 2
Ulaanbaatar, June 2 (MONTSAME) At the Stock Exchange trades held Monday, a total of 31 thousand and 950 shares of 29 JSCs were traded costing MNT 26 million 161 thousand and 036.00.
"Remikon” /10 thousand and 100 units/, "Mongolia Development" /10 thousand units/, "Silikat” /4,000 units/, "Genco tour bureau" /3,885 units/ and "APU” /1,292 units/ were the most actively traded in terms of trading volume, in terms of trading value--"Mongolia Development” (MNT seven million), "APU" (MNT four million and 506 thousand), "Bayangol hotel" (MNT two million and 550 thousand), "Talkh chikher” (MNT two million 069 thousand and 200) and "UB-BUK” (MNT two million).
The total market capitalization was set at MNT one trillion 513 billion 819 million 902 thousand and 512. The Index of Top-20 JSCs was 14,686.48, decreasing by MNT 127.89 or 0.86% against the previous day.

Mongolian team places second at Philippine Memory Championship
Ulaanbaatar, June 2 (MONTSAME) Mongolian mental athletes' team has placed second in the First Philippine International Open Memory Championship which ran in Manila city on May 31-June 1.
Our athletes grabbed a total of 19 medals, including E.Enkhmonkh earned two gold, five silver and two bronze medals, T.Enkhjin --- three gold, one silver and three bronze, and S.Tsogbadrakh --- three gold and one bronze.
Apart from this, Grand Master of Memory /GMM/ S.Tsogbadrakh broke the World Record in adult's 30 Minute Numbers category by memorising 1408 digits successfully.

MJF steering council meets
Ulaanbaatar, June 2 (MONTSAME) The steering council of the Mongolia’s Judo Federation (MJF) Monday met with participation of Kh.Battulga MP, the MJF president; D.Dorligjav, the first deputy president of the federation.
The council’s members discussed and shared views on a report of the East Asian Judo Championship ran in Ulaanbaatar, works done in first six months of this year and on the “Mongolian Judo-2020” programme.
In addition, the council members heard reports on altering a composition of the MJF’s steering council, preparation for the forthcoming “Chingis Khaan” Grand Prix tournament, its planning and budget, and on selection of judokas to compete in the Judo World Championship to run in August in Chelyabinsk, Russia.

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