Mongolia Brief September 22, 2014 Part IV



Four countries are to create economic cooperation organization
By B. Khuder
Ulaanbaatar, September 22 (MONTSAME) Export-import banks of Mongolia, the Republic of Korea, China and Russia signed an agreement to establish Northeast Asian Export-Import Banks Council on September 18 in Yanji, China, said on Friday "businesskorea.co.kr" website.

Accordingly, at the next summit to be held in S.Korea, the international organization establishment agreement will be signed. "The Ministry of Strategy and Finance announced on Sept. 18 that participating countries of the Greater Tumen Initiative (GTI) agreed to transform GTI into an international organization to initiate economic cooperation in Northeast Asia by 2016, thus summit ran in Yanji, China on this September 17".
The four countries agreed to develop transportation in land and sea routes, facilitate the trading among Northeast Asian countries, solve the power transmission problems, and analyze the business feasibility of coal extracted synthetic natural gas supply through a joint statement. On this day, an inaugural assembly of "Northeast Asian Export-Import Banks Council", in which export-import banks of the four countries participated, was held to adopt a basic agreement on cooperation among the banks for joint project explorations and supportive loans.

ROK wants to adopt Mongolia’s electoral practices
By B. Amarsaikhan
Ulaanbaatar, September 22 (MONTSAME) A chairman of Mongolia's General Electoral Committee (GEC) Ch.Sodnomtseren has met with a head of the Global Electoral Organization and the National Electoral Committee of Republic of Korea Lee In-Bok.
The latter said Mongolia organized an electronic election before S.Korea did and said that they want to introduce Mongolia’s practices in exploiting the electronic machines in elections. He also stressed that the GEC successfully gained trust of voters and parliament.
Then the sides shared information on activities and structures of the two organizations and discussed opportunities of collaboration. Mr Sodnomtseren thanked ROK’s National Electoral Committee for cooperation through observation, trainings, experience exchange and technical assistance.
A note of understanding between the electoral committees was inked. The document marks understanding between the two committees on electoral system, electronic elections, voters’ education, on professional exchange of staffs, and on organizing joint researches, trainings and seminars.

Stock exchange weekly
By B. Khuder
Ulaanbaatar, September 22 (MONTSAME) Five stock trades were held at Mongolia's Stock Exchange September 15-19 of 2014. In overall, three million 405 thousand and 005 shares were sold of 41 joint-stock companies totalling MNT one billion 938 million 574 thousand and 894.70.
"Mongol shiltgeen” /three million and 323 thousand units/, "Hermes center” /45 thousand and 111 units/, "Remikon” /11 thousand and 713 units/, "Sor” /4,645 units/ and "Mongolia Telecom” /3,189 units/ were the most actively traded in terms of trading volume, in terms of trading value--"Mongol shiltgeen” (MNT one billion 854 million and 234 thousand), "Gobi” (MNT 16 million 473 thousand and 800), "Tavantolgoi” /MNT 14 million 931 thousand and 275/, "Sor” /MNT 11 million 289 thousand and 240/ and "Hermes center” (MNT seven million 343 thousand and 503).

Stock exchange news for September 22
By B. Khuder
Ulaanbaatar, September 22 (MONTSAME) At the Stock Exchange trades on Monday, a total of 68 thousand and 112 shares of 17 JSCs were traded costing MNT 49 million 478 thousand and 541.00.
"Buudain tsatsal” /58 thousand and 037 units/, “APU” /4,015 units/, “Tavantolgoi” /2,997/, “Genco tour bureau” /1,300 units/ and "Mongol shiltgeen” /600 units/ were the most actively traded in terms of trading volume, in terms of trading value were "Tavantolgoi” (MNT 15 million 584 thousand and 500), "APU” (MNT 14 million 855 thousand and 500), “Darkhan nekhii” (MNT eight million 443 thousand and 500), "Buudain tsatsal” (MNT five million 803 thousand and 700) and "Talkh chikher” (MNT two million and 820 thousand).
The total market capitalization was set at MNT one trillion 600 billion 522 million 064 thousand and 400. The Index of Top-20 JSCs was 15,933.79, decreasing 20.05 units or 0.13% against the previous day.

“Inclusive Education in USA” digital video conference
September 19 (US Embassy) The U.S. Embassy is hosting Digital Video Conference (DVC) series about “Inclusive Education in USA” with Mongolian disability NGOs and parents of the children with disabilities.
On September 11, 2014 at the program room of the American corner in Ulaanbaatar, the first DVC was held with theme “Concept of Inclusive Education and an Inclusive Society” to about 50 people from disability and civil society NGOs, and the parents. Ms. Allison De Franco, Director of International Human Rights & Disability Inclusive Development of Blue Law International, shared about related legal issues and her experiences about general awareness disability inclusiveness, and answered questions.
Participants get new ideas and learned working experiences from the Ms. Allyson and they were very glad participated in this DVC.
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