Mongolia Brief May 26, 2014 Part II
Speaker
meets China Investment Corporation chairman
Ulaanbaatar,
May 26 (MONTSAME) Parliament Speaker Z.Enkhbold met Monday with Ding Xuedong, a
deputy secretary-general of China’s State Council and a chairman of China
Investment Corporation.
The Mongolian
Speaker noted that during the Conference on Interaction and Confidence Building
in Shanghai, the state leaders of the two countries met and shared views on
Mongolia-China cooperation. The Speaker further expressed a gratitude to China
for its support for stimulation of the cooperation, specifically in
infrastructure.
The parties
also shared opinions on a coal gasification project.
After briefing
on the China Investment Corporation, Mr Ding said China will cooperate with
Mongolia in that coal gasification project, which needs USD thirty
billion. He expressed a hope that the parliament of Mongolia will render the
needed assistance including a tax relief for the implementation of the project.
Pleased with the recent amendments to the Investments Law of Mongolia, Mr Ding
said China is willing to increase its investments to Mongolia.
In his turn,
the Mongolian Speaker said the Mongolian part is planning to lay the foundation
stone of the coal gasification plant during a visit of the State head of China
to Mongolia this August. He also noted that Mongolia is interested in further
cooperating with China in major economic projects.
Present at the
meeting were Mr Wang Xiaolong, Ambassador of China to Mongolia and others.
Economy
intensifying council reports
Ulaanbaatar,
May 26 (MONTSAME) Creating favorable conditions for doing business in Mongolia
is the vital work to be done within the 100-days for intensifying national
economy.
Secretary of
this Council at the cabinet for reforms B.Byambasaikhan said it at a news
conference Monday. “By doing so, a necessary amount of money for the
national economy will be transferred into the market,” he said.
He highlighted
an importance of the visits of the President and Prime Minister paid to China
and Russia for boosting the economy, saying these visits focused on promoting
Mongolia’s participation in the biggest projects on infrastructure to be
realized between Russia and China.
Byambasaikhan
reported that members of his Council held last week meetings with some 120
businessmen in order to exchange views on refining the business environment and
overcoming difficulties in the national economy.
Last week, the
cabinet decided to finance 579 projects with capitals from the fund for
supporting small- and middle-sized productions, giving a big chance to
businessmen. It is very important for them realize the decision in a
short time, he said.
A high-level
meeting of business sector will be organized by the Mongolian Economic Forum
this June 19-21. It aims to discuss issues of attracting investments, and will
allow its participants to introduce their projects to foreign investors,
Byambasaikhan said. The forthcoming measure is also expected to bring together
delegates from Germany, Turkey, Jordan, Italy and India.
Kh.Temuujin
receives Deputy Minister of China
Ulaanbaatar,
May 26 (MONTSAME) Mongolia’s Minister of Justice Kh.Temuujin Monday received
visiting Mr Zhang Sujun, the Deputy Minister of Justice of the People’s
Republic of China (PRC).
At the meeting,
the sides exchanged views and information on ongoing legal reforms in the two
countries, the system of law enforcement bodies, activities of prisons, the
bilateral ties in legal sphere, expanding the ties and cooperation in justice,
intensifying a legal assistance to each other, and on convict sharing matter.
After the
meeting, a memorandum between the Ministries of the two countries was signed by
Mr E.Erdenejamyan, Mongolia’s Vice Minister of Justice, and by Mr Zhang.
By the visiting
programme, Mr Zhang will leg some prisons and the University of Law
Enforcement. His visit will continue until Tuesday.
Stock
exchange news for May 26
Ulaanbaatar,
May 26 (MONTSAME) At the Stock Exchange trades held Monday, a total of 22
thousand and 519 shares of 31 JSCs were traded costing MNT 15 million 846
thousand and 569.63.
"Hermes
center” /5,900 units/, "Silikat" /4,000 units/, "Moninjbar”
/2,429 units/, "E-trans logistics" /2,000 units/ and "Genco tour
bureau” /1,860 units/ were the most actively traded in terms of trading volume,
in terms of trading value--"Gobi” (MNT one million 821 thousand and 050),
"Baganuur" (MNT one million 755 thousand and 940), "Eermel"
(MNT one million 615 thousand and 650), "Tavantolgoi" (MNT one
million 530 thousand and 690) and "Sharyn gol” (MNT one million 012
thousand and 500).
The total
market capitalization was set at MNT one trillion 552 billion 884 million 492
thousand and 715. The Index of Top-20 JSCs was 15,236.53, decreasing by MNT
137.89 or 0.90% against the previous day.
Exhibition
of bone sculptures opens
Ulaanbaatar,
May 26 (MONTSAME) A Mongolian sculptor and singer T.Battogtokh opened an
exhibition named “Horses created by animal shoulder blade bone” at Marshal Art
Gallery on Friday.
This special
exhibition is displaying over 30 horse sculptures made of shoulder blade and
other bones. The opening ceremony was attended by the State Prized painter
Do.Bold, a deputy head of the Union of Mongolian Artists Ts.Tsegmid and
J.Enkhbayar MP.
It will be open
until May 30.
Mongolia’s
Mothers' and Children's Day on June 01 to Be Celebrated in Broader Range
May 26
(infomongolia.com) Annually on June 01, Mongolia celebrates its Mothers' and
Children's Day and this year, the Capital City Administration is planning to
organize in a broader range compare to previous years.
One of the
distinct of this year’s celebration is to decorate the Chinggis Square with 12
animals of Lunar Calendar and to host festival dedicated the Day. At each
animal spot will be organized a contest, moreover main characters of “Jangar”
epic poems will be erected in the center of the Square, where artists from
Mongolian Puppet Theatre, Children’s Palace, National Song and Dance Ensemble,
best children choirs, Music and Dance College, best contestants of “Future
Stars” as well as Merit Artists V.Dolgor and T.Ariunaa are to stage.
Children will
be celebrating their festival and taking pictures along with Disneyland heroes
and Bongo’s friends, the event will be starting at 11:00 am on June 01, 2014.
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