Mongolia Brief June 10, 2014 Part II
“Economy and Investment in Health Sector” Meeting Runs
Ulaanbaatar,
June 10(MONTSAME)An “Economy and investment in health sector” named meeting ran
at the State House on June 7.
This action was
co-organized by the Ministries of Health and of Economic Development and
Chamber of Commerce and Industry in frames of 100-days for intensifying
national economy.
It was said
that some of the participants, namely the UN Population Fund, the Community of
Independence, the S.Korean “Narooni” hospital and eight domestic enterprises,
made investments of 913 million togrog to get equipment for medical
assistance and service and human resources trainings in a scope of their social
responsibility.
Junior Footballers Compete at National Championship
Ulaanbaatar,
June 10(MONTSAME) The national junior football championship began Monday in the
central stadium.
Organized by
the Mongolian Football Federation, the tournament is running in six categories
of U13, U15, U17 of boys and girls, with a participation of boys’ 37 and girls’
25 teams.
The
championship will continue until this Friday.
Mongolians at World University Taekwondo Championship
Ulaanbaatar,
June 10(MONTSAME) Mongolian students are competing in the 13th world university
taekwondo championship in Hohhot, China.
The events will
continue until June 14 in two main competitions of poomsae and kyorugi with a
participation of some 400 student-athletes from more than 40 countries such as
Mongolia, USA, Turkey, Thailand, Sweden, Spain, Russia, S.Korea, Mexico, Japan,
Indonesia, Cote d’Ivoire, Egypt, Brazil and Australia.
The Mongolian
team consists of ten--Z.Oyunbuleg, U.Amartuvshin, S.Yanjinlkham, P.Temuujin,
M.Tumenbayar, I.Odsuren, E.Enkhtulga, B.Sergelenbat, B.Tuvshinjargal and
B.Boldbaatar.
Our Belly Dancer Becomes Champion at WBDF
Ulaanbaatar,
June 10(MONTSAME) Mongolian belly dancer N.Bayarmaa successfully participated
in the World Belly Dance Festival which ran in Singapore May 21-27.
She has become
an Adult Fusion Solo Champion and the fifth in the "Traditional Belly
Dance" category among 200 belly dancers from around the world.
Bayarmaa has
performed accompanied by the Mongolian folk band "AltanUrag" and
zither player Munkh-Erdene's music to show the Mongolian Queen Mandukhai the
Wise.
Cyclists Begin their 4000 km Mongolia-Russia Tour
June 10
(news.mn) Cyclists of ShiliinBogd Cycling Club commence their 4000 km “Friendship
- 2014” tour through Mongolia and Russia from ChinggisKhaan Square on Tuesday
June 10th. The cycling tour begins in Baruun-Urt sum in Sukhbaatar aimag.
Cyclists stayed in Ulaanbaatar to take part in a cycling parade during the
Ulaanbaatar Marathon that was held on Saturday.
The Cycling
tour is a part of a project “Cycling in Ulaanbaatar”. The tour by cyclists of
ShiliinBogd Cycling Club will travel to Baruun-Urt, Ulaanbaatar to Khatgal,
Khankh, Mondy, Baykalsk, Ulan-Ude, Chita, Aginskoe, and back to Ereentsav,
Dornod for over two months. The Minister of Culture, Sport and Tourism, the
Mongolian National Olympic Committee, Mongolian Adventure Travel Association,
The Governor`s Office, Local Representative Khural in Sukhbaatar province, and
ShiliinBogd Cycling Club are supporting the “Friendship - 2014” cycling
tour.
Prime Minister N. Altankhuyag Delivers a Speech at the International Labour Conference
June 10
(news.mn) The 103rd International Labour Conference (ILC) is being held in
Geneva Switzerland between May 28-June 12th. At the time of current global
downturn, over 5000 workers, employers, and government delegates from 180
countries gathered at the World Work Summit to protect and save jobs, and to
support employment.
At the ILO
World of Work Report for 2014 under the theme of ‘developing with jobs’ Prime
Minister N. Altankhuyag delivered a speech.
Prime Minister
N. Altankhuyag said in the speech “Mongolia has become productive since it
joined the ILO in 1968. Over the past three years, the economy of Mongolia has
had double-digit growth. The government of Mongolia is making great efforts to
develop and implement policies and strategies focused on creating jobs and increasing
income. Mongolia has been supporting employment dealing with three-party
agreements for the past two decades. Mongolians say “no pain no gain.”
At the ILO
World of Work Report for 2014 ILO Director-General Guy Ryde held a meeting with
the Prime Minister of Mongolia to discuss Mongolia`s participation in the
projects implemented by the ILO.
The Labour
Minister of Mongolia, Ya.Sanjmyatav and The International Labour Organization’s
(ILO) Assistant Director-General and Regional Director for Asia and the
Pacific, MrYoshiteruUramoto worked in cooperation to sign a memorandum of
understanding (MoU).
Mongolia and Macau to Intensify their Combat Against Human Trafficking
June 10 (news.mn)
The Minister of Foreign Affairs of Mongolia, Mr. Sh.Sukhbaatar and Chief of the
Secretariat for Security of Macau (the Special Administrative Regions of the
People's Republic of China), Vong Chun Fat held a business meeting on June
6th to make further progress towards their commitment to fight against
human trafficking and to further implement their "Agreement on Cooperation
to Combat Human Trafficking" signed in 2010 between Mongolia and Macau.
The
representatives from Mongolia who attended this meeting were: Deputy Chairman
of the General Takhar Department of Mongolia B. Batzorig, the Chairman of the
Criminal Police Department's Organized Crime Division B. Batzorig, the
Consulate General of Mongolia to Hong Kong and Macau Z. Battushig, and the Project
Manager of a Human Security Policy Studies Centre NGO J. Batzaya.
As result of
the meeting, both parties agreed to pass an action plan budget which was
suggested by Mongolia and to hold the next meeting in Ulaanbaatar in 2016.
Government of Mongolia and International LabourOrganization SignMemorandum of Understanding onCooperation
June 10
(infomongolia.com) Mongolian delegates led by Prime Minister Mr. Norov
ALTANKHUYAG areparticipating in the 103rd Session of the International Labour
Conference hosted byInternational Labour Organization (ILO) in Geneva,
Switzerland on May 28-June 12,2014.
Over 5,000
workers, employers and government officials from the ILO's 185 memberstates are
attending to tackle a wide range of issues, including labor migration
andemployment strategies, ways out of informality and strengthening ILO
Convention 29on forced labor.
In the
frameworks of the World of Work Summit themed “Developing with Jobs – TheWorld
of Work in 2014” held at the Assembly Hall of the Palais des Nations on Monday,
June 09, Prime Minister of Mongoliadelivered a speech, where Mongolia is
participating in this Conference for the first time at Premier-level.
In his remarks,
Prime Minister N.Altankhuyag stressed, “Mongolia joined the International
Labour Organization as a memberstatein 1968 and since then has been fulfilling
its duties having positive results. In the last three years, Mongolia’s
economicgrowth is being measured in a two-digit number and the Government of
Mongolia is working and focusing to create anemployed and paid Mongolian
citizen”.
During the
visit, Premier N.Altankhuyag held a meeting with the ILO Director-General, Mr.
Guy Ryder, where parties exchangedviews on the Organization’s implementing
programs aimed to develop competitive and responsible productivities.
Besides,Prime Minister asked the Director-General to include Mongolia in the
ILO’s Skills for Trade and Economic Diversification (STED)Program.
Moreover, an accompanying
Minister for Labor of Mongolia Mr. Yadamsuren SANJMYATAV and Director of
Regional Office forAsia and the Pacific Mr. YoshiteruUramoto have signed a
Memorandum of Understanding on Cooperation between theGovernment of Mongolia
and the International Labour Organization.
The 103rd Session of the International
Labour Conference
Key issues
raised in the ILO World of Work Report 2014 entitled “Developing with Jobs”
will be discussed, including:
- How can
working conditions be improved and exploitation and modern slavery eliminated
in the world today?
- What can be
done to generate an enabling environment for business that stimulates the
creation of decent jobs?
- What works in
terms of achieving social protection, economic development and socially inclusive
growth at the same time?
- What role can
social dialogue play in promoting a “developing with jobs” agenda?
Exceptionally,
the Conference will celebrate today the World Day Against Child Labor, where
the annual meeting of theSteering Committee of the International Programme on
the Elimination of Child Labor (IPEC) will be held today from 01:00 to03:00 pm
by local time at the Palais de Nations on June 10, 2014.
Art Performances Welcoming Tourist Season and NaadamFestival Commenceby Mongolian National Song andDance Academic Ensemble
June 10
(infomongolia.com) In the scope of approaching summer time and tourist season,
Mongolian NationalSong and Dance Academic Ensemble has been staging a
performance as customaryfor foreign tourists visiting Mongolia.
In this regard,
“Wonders of Mongolia Art” is making its opening on this Sunday, June15
featuring Mongolian custom, tradition and heritage through
culturalperformances.
The program
comprises:
- “Wind Ballad”
by N.Bold based on the songs, dances, hymn, epics, drawling songsand the
tangible heritages of our ancestors that first was produced on the occasion
ofthe 2222 anniversary of founding the first statehood of Khunnu (Xiongnu)
Empire.
- “Melody of
Nomads” performance by D.Ganbold, which shows the songs, music, dances, folk
costumes, specifics of living styleand tradition of ethnic groups living in
every corner of our country.
- “Mongolian
Legendary Queens” dance epics or dancing collection by D.Bayarbaatar featuring
Nine Queens who were markedin Mongolian history for their contribution to the
flourishing deed of the nation.
The “Wonders of
Mongolia Art” will be staged every day at 06:00 pm until October 01, 2014 and
welcoming the NationalNaadam Festival, the Song and Dance Academic Ensemble
will be performing a special program “World Famed Mongolian Art” on July 05-15,
2014.
Mongolia’s Current Account Deficit Stands at 434.3 MillionUSD
June 10
(infomongolia.com) On June 09, 2014, the Central Bank of Mongolia released the
preliminary balance ofpayment for the first 4 months of 2014.
Current account
deficit stands at 434.3 million USD which is a decrease of 56 percentor 543.3
million USD from the previous year. This includes (1) deficit of
internationaltrade account of goods decreased by 114 percent, thus showed
surplus of 41.3million USD; (2) trade of services deficit decreased by 12
percent to 447.0 millionUSD; (3) deficit of income account dropped by 49
percent to 108.3 million USD; and(4) current transfer increased by 123 percent
to 79.7 million USD.
Balance of
capital and financial accounts showed surplus of 121.4 million USD whichis
decrease of 84 percent or 620.4 million USD from the previous year. This is due
to 64 percent decline of foreign directinvestment from abroad to Mongolia that
equals to 604.9 million USD.
In this
reporting period, surplus of portfolio investment offsets deficit of other
investment. While, the issuance of Samurai bond bythe Development Bank of
Mongolia has triggered portfolio investment surplus to increase by 342.0
million USD, increase of368.2 million USD in other investment deficit is
explained by increase of trade credit assets (145.6 million USD) and
netcurrency and deposit (217.6 million USD).
Draft laws on ensuring economic transparency and tax amnesty submitted
Ulaanbaatar,
June 10 (MONTSAME) The Minister of Justice Kh.Temuujin MP Monday submitted to
the Speaker bills on backing the economic transparency and on tax amnesty.
The draft
initiator said the first bill aims to disclose hidden sources of capitals and
incomes and to impose on them taxes and to eliminate forged financial and tax
reports but without any fines or punishment.
In conjunction
with it, the draft on granting the tax amnesty has been worked out. This
amnesty is considered as one of the popular measures in many countries to
support the economic transparency and to decrease the “hidden” economy. It
provides tax payers with a favourable condition to pay their taxes in due
times, causing no criminal case and legal punishment, he said.
The tax amnesty
bill aims also to regulate the relations in sanctions at the administrative
responsibility law and in exemption of punishment at the criminal law.
Int’l conference to run
Ulaanbaatar,
June 10 (MONTSAME) Mongolia plans to organize an international conference in
frames of the Ulaanbaatar Dialogue on security in Northeast Asia.
This is the
first international scientific conference to run in frames of the Ulaanbaatar
Dialogue, initiated by the President of Mongolia Ts.Elbegdorj during the 7th
Ministerial Conference of the Community of Democracies (CoD) last year in
Mongolia.
It is expected
that the conference will bring together some 100 scholars and researchers of
Northeast Asian countries (Mongolia, Russia, China, Japan, South Korea and
North Korea), USA and EU countries. Mongolia intends to introduce the UB
Dialogue and its importance to the related sides, to provide them with relevant
information and to take necessary advice and recommendations.
Ambassador presents credentials to Margrethe II of Denmark
Ulaanbaatar,
June 10 (MONTSAME) The Concurrent Non-Resident Ambassador to the Kingdom of
Denmark Mr Z.Altai presented last week his diplomatic credentials to Her
Highness Margrethe II, the Queen of Denmark.
At the meeting,
held after this ceremony, Mr Altai conveyed to the Queen greetings from the
Mongolian President and noted that the Mongolia-Denmark political and economic
relations and cooperation have been intensifying, examples of which are the
President’s visit in 2010 and Foreign Minister’s visit in 2014 to Denmark. He
also expressed an aspiration to realize works concurred during these visits and
to expand the trade and economic cooperation.
The Ambassador
said he wants to introduce the Danish latest green technologies for renewable
energy to Mongolia and added that his country is working on attracting
investments from Denmark and to develop collaboration in the renewable energy.
He also said he is studying opportunities to mount in Scandinavian countries an
exhibition of dinosaurs found in Mongolia.
In response,
Her Highness Margrethe II expressed a satisfaction with an active development
of the bilateral ties, and said she heard about Mongolia from a famous
anthropologist Henning Haslund-Christensen and from Crown Prince of Denmark
Frederik, who visited Mongolia several times. She wished the Ambassador a
success.
Stock exchange news for June 10
Ulaanbaatar,
June 10 (MONTSAME) At the Stock Exchange trades held Tuesday, a total of 13
thousand and 102 shares of 23 JSCs were traded costing MNT 26 million 909
thousand and 848.00.
"Moninjbar”
/5,000 units/, "Khokh gan" /3,006 units/, "APU” /1,718 units/,
"Gobi" /944 units/ and "State Department Store” /777 units/ were
the most actively traded in terms of trading volume, in terms of trading
value--"Gobi” (MNT seven million 084 thousand and 740), "APU"
(MNT six million 153 thousand and 560), "Talkh chikher" (MNT five
million 112 thousand and 300), "Darkhan nekhii” (MNT one million and 891
thousand) and "Suu” (MNT one million and 568 thousand).
The total
market capitalization was set at MNT one trillion 524 billion 788 million 476
thousand and 066. The Index of Top-20 JSCs was 14,997.25, decreasing by MNT
569.72 or 3.66% against the previous day.
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