Mongolia’s Current Status of Observer at Shanghai Cooperation Organization Enough for Now, Says President
September 15 (infomongolia.com) On September 11, 2014, the Heads of State of Mongolia, the Russian Federation and the People’s Republic of China for the first time sat behind a roundtable trilateral meeting upon the initiation of Mongolia’s President Ts.Elbegdorj right before the 14th Meeting of the Council of Heads of State of the Shanghai Cooperation Organization took place in Dushanbe, the Republic of Tajikistan.
Following the statements delivered by the President of China Xi Jinping and President of Russia Vladimir Putin on organizational issues of Tripartite Meeting in Ulaanbaatar, President of Mongolia Tsakhia ELBEGDORJ gave a press conference and commented on the statements made by his two counterparts answering on questions forwarded by Mongolian journalists accompanied him.
How do you see the results of the first formal meeting? The meeting was pretty much in the center of global attention.
I would be impressed as an historical event, if parties had agreed to organize the Ulaanbaatar Meeting in Mongolia. Today’s meeting was decided to organize in a very short period, because I was re-requesting during the recent visits of the heads of state of China and Russia to Mongolia, after which, the two leaders were aware whether to meet or not during the Dushanbe SCO Summit and finally the meeting was agreed to host, which was revised at the Foreign Ministries and Presidential Offices level of the three parties. The issue to hold tripartite meeting has been discussed earlier and at this time, many questions aroused, for instances, how to organize and in what format it should run, at least who will speak first and who will stand next to each other or to consider an alphabetical order and etc. many details were consulted. Nevertheless, I am very satisfied. We should use the opportunity. Before, the heads of state used to figure out the meeting as formality, but now considering more by the means of its content to reach decisions.
Probably Mongolia’s status to join the SCO will be asked again by the Presidents of China and Russia. What the Mongolia’s position?
This proposal was forwarded not for the first time. We used to answer ‘We respectfully accept the proposal’. Currently, Mongolia is an active Observer and has been participating actively at all measures organized by SCO even in the regional activities.
Mongolia’s initiatives in the Organization have been implemented, but the key interest of interlinking the transit transport network is not resolved yet. This talk is being continued with the two neighbors. Thereof, we are requesting to discuss this issue by three-party, despite of we are asking to take part in the major infrastructure projects in the frames of SCO member and observer states, particularly in the railway sector. In addition, the natural gas pipelines and constructing power plant to distribute energy are parts of possible joint implementation. Therefore, the Ulaanbaatar Meeting is aimed to discuss these opportunities, besides, Mongolia’s gateway in the auto road network linking Europe and Asia is also open, so let us to join these projects. We see such factual results should overcome, instead of just organizing the meeting as to deliver a few-minute speech and shaking hands. Thus, we urge an effective works are awaiting us, moreover, we will be continuing to participate actively in the SCO activities and Mongolia’s current status of Observer is enough for now.
It is expected that Mongolia will be joined the Shanghai Cooperation Organization forcefully and handed over the Certificate accredits as a member-state of the SCO. How it is realistic?
It will not be happened. I do not think such primitive methods would be used. In the case of such recruit into the SCO, the last call is on the behalf of Mongolia whether to accept the Certificate or not. We express our position very clear. In the terms of accepting Mongolia’s proposals on transit transport and economic beneficial negotiations, we would consider to join the Shanghai Cooperation Organization on its own decision.
President Elbegdorj: Mongolia to Stay as Observer – Montsame, September 15
UN Head Calls Young to Lead Push for Democracy
Ulaanbaatar, September 15 (MONTSAME) On September 15--the International Day of Democracy--the Secretary-General of the UN Mr Ban Ki-moon delivers a message.
"The world seems more turbulent than ever. In n many regions and in many ways, the values of the United Nations, including some of the most fundamental rights and freedoms enshrined in the UN Charter, are being tested and challenged. "Recent outbreaks of violence reinforce a truth we have seen time and again: that where societies are not inclusive, and where governments are not responsive and accountable, peace, equality and shared prosperity cannot take hold. We need to do more to empower individuals, focusing on the billions of people who are underprivileged, marginalized, jobless, hopeless and understandably frustrated. We need to ensure they are heard and can take an active part in their future. "That is why my message today goes out to those who will be at the forefront of the world beyond 2015, and who by nature are at a turning point in their own lives: young people. One person out of five today is between the ages of 15 and 24. Never before has the transition from youth to adulthood been so weighed by challenges, yet so blessed by opportunities.
You have powers to network that would have been unimaginable when the United Nations was founded nearly 70 years ago. You are connecting about issues that matter. Injustice. Discrimination. Human rights abuses. The discourse of hate. The need for human solidarity. "I call on members of the largest generation of youth in history to confront challenges and consider what you can do to resolve them. To take control of your destiny and translate your dreams into a better future for all. To contribute to building stronger and better democratic societies. To work together, to use your creative thinking, to become architects of a future that leaves no one behind. To help set our world on course for a better future. "On this International Day of Democracy, I call on young people everywhere to lead a major push for inclusive democracy around the world," he says.
President Works in Selenge Aimag
By B. Amarsaikhan
Ulaanbaatar, September 15 (MONTSAME) The leader of Mongolia Ts.Elbegdorj visited a major crop producing regions of Selenge aimag on September 14-15.
He has met with farmers and has got acquainted with the harvesting and implementation of the projects in agriculture and intensive livestock farming. The President has been accompanied by Minister of Industry and Agriculture Sh.Tuvdendorj, a Chief of Staff of the Office of the President P.Tsagaan, a Living Environment and Green Development Policy advisor L.Erkhembayar and others.
Stock Exchange Weekly
By B. Khuder
Ulaanbaatar, September 15 (MONTSAME) Five stock trades were held at Mongolia's Stock Exchange September 8-12 of 2014. In overall, 104 thousand and 865 shares were sold of 45 joint-stock companies totalling MNT 63 million 459 thousand and 647.40.
"Merex” /50 thousand and 097 units/, "Genco tour bureau” /38 thousand and 649 units/, "Khokh gan” /3,320 units/, "E-trans logistics” /2,082 units/ and "Tavantolgoi” /1,905 units/ were the most actively traded in terms of trading volume, in terms of trading value--"Gutal” (MNT 12 million 121 thousand and 010), "Bayangol hotel” (MNT 12 million), "Tavantolgoi” /MNT nine million 910 thousand and 730/, "Merex” /MNT four million 725 thousand and 735/ and "Genco tour bureau” (MNT three million 207 thousand and 203).
Macroeconomic Indicators in Statistics
By B. Amarsaikhan
Ulaanbaatar, September 15 (MONTSAME) According to the Bank of Mongolia, a money supply (broad money or M2) at the end of August reached MNT 10.1 trillion, increasing MNT 55.0 billion or 0.5 percent against the previous month, went up by MNT 1.7 trillion or 20.5 percent against the same period of the previous year.
Currency issued in circulation reached 880.1 billion Togrg, increasing by 20.5 billion or 2.4 percent against the previous month and by 12.3 trillion or 1.4 percent over the same period of 2013.
Loans outstanding amounted to MNT 12.3 trillion, escalating by 113.0 billion or 0.9 percent from the previous month and by 2.6 trillion or 26.1 percent against the same period of the previous year. Principals in arrears by the end of August reached MNT 527.1 billion, going down 23.0 bln.tog or 4.2 percent from the previous month, and going up by 340.7 billion or 2.8 times against the same period of the previous year.
The non-performing loans over the bank system stood at MNT 620.0 billion, going up by 20.3 billion or 3.4 percent from the previous month and by 155.2 billion or 33.4 percent over the same period of the previous year.
In the first 8 months of 2014, some 37.1 million shares were traded valued at MNT 135.6 billion in the stock market. The securities trading increased MNT 19.4 billion or 16.7 percent, the shares increased by 11.4 million or 44.4 percent compared to the same period of 2013.
Unemployment Rate Decreases
By B. Amarsaikhan
Ulaanbaatar, September 15 (MONTSAME) A number of the unemployed reached 32.9 thousand by the end of this August, reflecting a 4,4 thousand people decrease or 11.7 per cent against the same period of the previous year.
- The revenue of the Social Insurance Fund amounted to MNT 854.9 billion, increasing 36.2 billion or 4.4 percent, the expenditure of the fund reached MNT 841.9 billion, up by 147.0 billion or 21.2 percent against the previous year.
In the first 8 months of 2014, the Social Welfare Fund granted 196.8 thousand people for retirement pensions and welfare payments some 93.2 billion Togrog. Compared with the same period of the previous year, a number of pension and welfare recipients increased 14.5 thousand people or 8.0 percent, while the amount of pensions and allowances increased MNT 5.0 billion or 5.7 percent.
-The Human Development Fund paid out cash benefits of MNT 157.8 billion to 978.9 thousand children aged below 18.
By B. Amarsaikhan
Ulaanbaatar, September 15 (MONTSAME) As of this August, 54,240 mothers delivered children, a number of live births reached 54,586. The number of the mothers delivered children increased by 1,505 mothers or 2.9 percent and that of children went up 1,577 or 3.0 percent against the previous year.
Infant mortality reached 805, up by 53 children or 7.0 percent, an under-five mortality reached 984, increasing 64 or 7.0 percent against the same period of 2013.Link to article