Wednesday, July 30, 2014

Mongolia Brief July 29, 2014 Part II

Mining Ministry to cooperate with MIRECO
Ulaanbaatar, July 29 (MONTSAME) Mongolia’s Ministry of Mining will cooperate with the Mine Reclamation Corporation of Korea (MIRECO).

A related memorandum was signed Tuesday by R.Jigjid, the State Secretary of the Mining Ministry, and by Kwon Hyuk-in, the MIRECO CEO.
Accordingly, the sides will cooperate in intensifying the exploitation of environmentally-friendly and sustainable mining and in refining a legal environment and monitoring system for the mineral actions’ impact on environment, rehabilitation and closure of used-up mines.
MIRECO specializes in mine reclamation and mining area development. It engages in the prevention of damage caused by mines, promotion of industries in mining areas, support of the coal industry, and distribution management of coal and coal briquette.
The company’s mine reclamation project services include establishment of plans and measures to prevent mine damage; environment improvement projects in mining areas; and various projects, such as mine water treatment, soil contamination treatment, prevention of ground subsidence and mine GIS buildup, forestry reclamation and waste facilities removal, and survey, research, technology development, and training for the prevention.

Mayor intensifies preventive measures against marmot plague
July 29 ( Ulaanbaatar governor and City Mayor E.Bat-Uul has issued a decision to intensify preventive measures against marmot plague.  According to the decision checkpoints and 24 –hour patrols have been set up and travel and livestock transport restricted during the active season of marmot plague July-28 to October-15.
Joint control group comprised of Capital City`s Special Inspection Agency, Ulaanbaatar Metropolitan Police Department, and Traffic Police will operate dividing into three 8-hour shifts in Emeelt  in Songinokhairkhan district, Tsaiz trade in Nalaikh district, and checkpoints at Bayanzurkh, 22, Kherlen bridge, Yarmag, Nisekh-Biokombinat.  And, 24-hour patrols by Border hygiene and sanitation department of Civil Aviation Authority at Chinggis Khaan Airport,  Railroad Special Inspection Department at railroad station, permanent police checkpoints in Doloon buudal and Gachuurt.
During the peak season of marmot plague hunting and transporting of marmot is banned so state inspectors of Capital City`s Special Inspection Agency can require you to stop for a roadside vehicle check at any time when you enter the city.
The plague is normally transmitted by flea bite but can also be transmitted by exposure to the flesh of an infected animal. Marmots are a natural carrier of the disease.

Number of Diplomatic Officials from Mongolia to UN Increased
July 29 ( The regular Cabinet meeting of the Government of Mongolia was held on July 28th through which the following issues have been resolved.
As per the Mongolia leads the UN Environment Assembly for 2014-2016, the Cabinet meeting has resolved to appoint one more diplomatic official from Mongolia to the UN Resident Representative Office for 2 years in regard with the increasing demand of more active and consistent cooperation with the UNEP United Nations Environment Program.
Elsewhere, the Cabinet meeting has consigned to apply periodical 2 years’ of effective duration to the Representative of Mongolia in the Environment Program of the United Nations Office in Nairobi, Kenya; at the same time, the Minister of Nature, Environment and Green Development Sanjaasuren OYUN has been obliged to establish a back-office with limited number of 2 officers for 2 years running under the Minister of Nature, Environment and Green Development in terms of providing supportive daily operation through the official terms of the President of UN Environment Assembly.
The Minister of Nature, Environment and Green Development of Mongolia, Mrs. S.Oyun had elected as the first President of UN Environment Assembly during the first session of the UN Environment Assembly which was held between June 23rd and June 27th in Nairobi, Kenya. So, Mongolia leads the UN Environment Assembly of the United Nations Environment Program for the official terms of 2 years in 2014-2016.

Wrestlers to compete in Junior World Wrestling Championship
Ulaanbaatar, July 29 (MONTSAME) The Freestyle Wrestling Federation of Mongolia has selected those to compete in the Junior World Wrestling Championship that will take place this August 5-10 in Zagreb, Croatia.
The events will run in the men’s 50, 55, 60, 66, 74, 84, 96, 120, women’s 44, 48, 51, 55, 59, 63, 67 and 72 kg weight categories for freestyle. Greco-Roman tournament will run in the men’s weight divisions.
Mongolia’s team has Ts.Mandalsuren (men’s 50 kg for freestyle), P.Erdenebileg (55 kg), G.Begzjav (60 kg), B.Tsogtgerel (66 kg), B.Batsukh (74 kg), E.Monkhbaatar (120 kg), L.Battogtokh (women’s 44 kg), Ts.Namuuntsetseg (48 kg), B.Monkhtuya (51 kg), A.Battsetseg (55 kg), S.Tserenchimed (59 kg), B.Nyamgerel (63 kg), O.Oyungerel (67 kg) and P.Nomin-Erdene (72 kg).
P.Erdenebileg and N.Amarsaikhan will compete in the Greco-Roman contests, in the 55 kg and 66 kg categories, respectively.
Mongolian wrestlers have grabbed six gold, eight silver and 23 bronze medals from Junior World Wrestling Championship since their first participation.

North Korean Embroiderer to Present Exhibition in Blue Moon Art Gallery
July 29 ( The individual exhibition of the embroiderer Chee Jon Sung from the Democratic People's Republic of Korea is to be held in the exhibition hall of the Blue Moon Art Gallery in Ulaanbaatar, Mongolia between August 1st and August 5th, 2014.
As Mongolians know well about the stunning quality of the embroidery artworks of the North Korean Embroidery Art Studio several years ago and the quality of which are almost indistinguishable as the fine art paintings. The North Korean Embroidery Art Studio consists of over 1,000 proficient embroiderers because the embroidery handcraft has been truly developed and recognized as the North Korean very own traditional workmanship.
The North Korean embroiderer Chee Jon Sung is going to display over 20 embroidery artworks from her selective collection which describe the history and nature, animal husbandry and nomadic cattle breeding of the rich Mongolian traditional culture during her upcoming exhibition in the Blue Moon Art Gallery.

Stock exchange news for July 29
Ulaanbaatar, July 29 (MONTSAME) At the Stock Exchange trades held Tuesday, a total of 4,131 shares of 11 JSCs were traded costing MNT 14 million 035 thousand and 695.00.
"APU” /2,105 units/, "Baganuur” /729 units/, "Genco tour bureau” /570 units/, "Tavantolgoi” /380 units/ and "Kherlen khivs” /200 units/ were the most actively traded in terms of trading volume, in terms of trading value--"APU” (MNT eight million 210 thousand and 011), "Baganuur” (MNT two million 770 thousand and 200), "Tavantolgoi” (MNT one million 864 thousand and 214), "Material impex” (MNT 512 thousand) and "Mogoin gol” (MNT 432 thousand and 010).
The total market capitalization was set at MNT one trillion 594 billion 411 million 646 thousand and 212. The Index of Top-20 JSCs was 15,860.74, decreasing by MNT 83.65 or 0.52% against the previous day.

Mongolian Savings Increasing Overall
July 29 (Mongolian Economy) According to the Mongolian Bankers Association, total savings of Mongolia decreased by 0.8% in June compared to the previous month, however, it increased by 38.9% compared to the previous year. This amounts to MNT 7137.8 billion.
Citizens’ savings also saw increases from last year’s numbers. The total equated to MNT 261.8 billion, or an 11% increase. These savings went down 0.5% compared to May. Company savings shows a different trend. Compared to May’s statistics, savings increased by 0.6%. In comparison to last year, the number increased by 3.2 times, or MNT 2079.4 billion. 
In terms of money supply, saving organizations contributed to 5.8% of the total. 56% came from MNT savings, 13.7% came from foreign currency savings, 12% came from MNT drawing accounts and 12.5% came from foreign currency accounts. For the first six months of 2014, money supply increased by 8.3%. On a year-by-year basis, it increased by 25.9% or MNT 10240.5 billion. 
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