Mongolia Brief September 3, 2014 Part III
Mongolia-Russia
relations and cooperation documents signed
By B. Khuder
Ulaanbaatar,
September 3 (MONTSAME) In frames of the working visit of the Russian President
Vladimir Putin to Mongolia, the two countries’ Ministries and state bodies
Wednesday established documents on the bilateral relations and cooperation.
Present at the
signing ceremony were the two Presidents, Ministers and other high officials.
A visa-free
agreement was signed by Mr L.Bold, the Minister of Foreign Affairs of Mongolia,
and his counterpart of the Russian Federation Mr Sergei Lavrov.
The two
countries also inked intergovernmental agreements on readmission and on
protection against fires. A cooperation memorandum was established between
Mongolia’s Ministry of Road and Transportation and Russia’s Ministry of
Transportation on the civil aviation sector.
The signed
documents also include an agreement on the establishment of a trans-border
wildlife reserve "The Source of the Amur River"; a protocol on
technical military assistance to Mongolia free of charge; an agreement on
readmission; an agreement on cooperation between the Ministries of Justice; a
memorandum on the development of trade-and-economic relations; a memorandum on
mutual understanding between Aeroflot and "MIAT-Mongolian Airlines";
and an agreement between Rosneft petroleum company and the Mongolian Ministry
of Education and Science on the training of Mongolian nationals in the Rosneft
partner institutions of higher learning.
Wreaths
laid to statue of Marshal G.K.Zhukov
By B. Khuder
Ulaanbaatar,
September 3 (MONTSAME) At the end of his working visit, the President of the
Russian President Mr Vladimir Putin together with the Mongolian leader Mr
Ts.Elbegdorj laid wreaths to the statue of Marshal G.K.Zhukov on Wednesday.
The same day,
the Russian President had a banquet with the Khlakh Gol Battles veterans. There
are 34 war veterans alive in Mongolia and five in Russia.
Mongolia
and Thailand combine their brand products
By B.
Amarsaikhan
Ulaanbaatar,
September 3 (MONTSAME) An exhibition of fabric and clothing made of the
Mongolian cashmere-Thai silk mixture materials opened in a “Siam Paragon”
exhibit hall of Bangkok city on September 2.
This has become
an outcome of the discussion run between Mongolia and Thailand PMs during the
latter's official visit to Mongolia last year in April.
At the opening
of the exhibition, the Mongolian Ambassador Extraordinary and Plenipotentiary
to the country Ch.Battomor expressed his belief that the cashmere-silk product
will draw both domestic and world markets attention, and noted that the
successful realization of the joint project will bring important progress to
Mongolia-Thailand trade and economic cooperation.
At the
exhibition, co-organized by the Mongolian Embassy and the Ministry of Industry
of Thailand, representatives of six Mongolian companies got au fait with
technology of processing this mixture and shared ideas with Thailand
counterparts on further cooperation.
Development
banks sign note of obligation
By B.
Amarsaikhan
Ulaanbaatar,
September 3 (MONTSAME) In a scope of working visit of the Russian President
Putin to Mongolia, the Development banks of Mongolia and of Russia agreed on
trades with national currencies and signed an obligatory contract, addressing
other cooperation as well.
The delegation
of the visit includes Sergei Lykov, a managing director and board member of
Development Bank of Russia (VnyeshEconomBank). He was at a meeting with
N.Batbayar, the Minister of economic development on Wednesday morning. The two
shared opinions on bilateral economic issues and inked the note of obligation.
This document addresses issues of advanced cooperation in economic sector,
financing of the bilateral trade projects, and use of own national currencies
(MNT and RUB) when trading certain range of items. "One of the advantages
of trade with the national currencies is a tendency of increased export from
Mongolia to Russia,"expects B.Munkhbat, a director of Development Bank.
Development
Bank of Russia is to provide USD 74 million of investment for the extension of
Thermal Power Station-4. This project is funded by Development Bank of
Mongolia, with no involvement from the government, and is distinctive as it is
a cost-recovery project.
Stock
exchange news for September 3
By B. Khuder
Ulaanbaatar,
September 3 (MONTSAME) At the Stock Exchange trades on Wednesday, a total of 30
thousand and 239 shares of 17 JSCs were traded costing 15 million 915 thousand
and 895.00 togrog.
"E-trans
logistics” /15 thousand and 960 units/, “Olloo” /5,000 units/, “Silikat”
/5,000/, “APU” /1,539/ and "Moninjbar” /1,309 units/ were the most
actively traded in terms of trading volume, in terms of trading value were
"APU” (MNT five million 821 thousand and 250), "Talkh chikher” (MNT
three million 367 thousand and 340), "Sharyn gol” (MNT one million 555
thousand and 700), "E-trans logistics” (MNT one million 407 thousand and
018) and "Gobi” (MNT one million 098 thousand and 100).
The total
market capitalization was set at MNT one trillion 623 billion 433 million 221
thousand and 131. The Index of Top-20 JSCs was 15,710.28, decreasing 237.49
units or 1.49% against the previous day.
Mongolia
Needs to Integrate Water into Energy and Mining Development Plans
September 3
(ADB) STOCKHOLM, SWEDEN – With water becoming increasingly scarce, Mongolia
needs to take steps to include water resource considerations in its development
planning for energy and mining, according to a new study by the Asian
Development Bank (ADB) and Mongolia’s Ministry of Environment and Green
Development (MEGD).
“The mining
industry and thermal power stations are thirsty for Mongolia’s increasingly
scarce water,” said Ayumi Konishi, Director General of ADB’s East Asia
Department. “In Mongolia, as elsewhere, it’s critical to consider water and
energy use side by side.”
The agriculture
sector was until recently the dominant consumer of water in Mongolia. However,
this is changing quickly due to the rapid development of the mining industry
and growing energy demand. In 2013, mining accounted for 82% of exports and
18.5% of gross domestic product. Meanwhile, demand for electricity from the
mining, other industry and residential sectors is expected to rise fivefold
from 2012 to 2030. Many new energy production facilities and mining operations
are planned for areas where water is most scarce.
The study, Demand in the Desert, was launched today during “Eye on
Asia”, a program of activities convened by ADB as part of World Water Week in
Stockholm, Sweden. The study assesses the water- energy situation at the
national level and in the Tuul River Basin and Galba-Uush Doloodin Gobi Basin.
The Tuul River
Basin provides much of Ulaanbaatar’s water and is also likely to be the site
for a new coal-fired plant to generate an additional 1,650 megawatts of power.
The new facilities will increase competition for water. The study shows that
water is already scarce and predicts water shortages as early as in 2015 as
existing groundwater reaches the limits of maximum utilization.
The Galba-Uush
Doloodin Gobi basin, the site of large mines including Tavan Tolgoi and Oyu
Tolgoi as well as energy facilities, will be a major water user by 2020. Major
new mining operations and a new coal fired power station will dramatically
increase water demand Though immediate water shortages are not expected, an
estimated 108.2 million m3 of water will be consumed annually by 2025. This
will likely create more conflicts over water with local communities and
traditional herders.
In addition to
integrating water resource considerations into energy and mining developments,
the study also urges Mongolia to promote energy efficiency in homes and
industry, better rainwater collection and more recycling of wastewater. New
energy facilities should be designed to minimize water use, while better
payment systems such as water use fees and pollution fees could improve energy
and water efficiency. These measures need to be supported by better water
management institutions.
Given the
importance of water to development in Mongolia, ADB will help prepare a country
water security assessment that will examine the household, urban, economic,
environmental, and disaster resilience dimensions of water security.
Mongolian
defeats Romanian Grand master
By B.
Amarsaikhan
Ulaanbaatar,
September 3 (MONTSAME) International Grand chess master Mongolian T.Batchimeg
defeated Romanian Grand master Alian L’Ami at the eighth game (2346) on
Tuesday.
Three games
left until the end of the FIDE Women Grand Prix in Sharjah of United Arab
Emirates. Today she is to have a board with Nafisa Muminova from Uzbekistan at
the game nine. Fro the time being, the Chinese Hou Yifan and Ju Wenjun are
leading the tournament with 6.5 each, our Batchimeg with 5.5 points id the
third.
Shooters
to compete in ISSF World Shooting Championships
By B. Khuder
Ulaanbaatar,
September 3 (MONTSAME) Shooters of our national selected team is to head to
Spain on Thursday to take part in the 2014 ISSF World Shooting Championship.
The events will
run September 6-20 in Granada city.
The Mongolian
men and women’s teams have 12 shooters, including State Honored Sportswoman and
Olympic silver medallist O.Gundegmaa who will compete in the women’s 25 m
pistol contest together with international masters of sports Ts.Monkhzul and
T.Bayartsetseg.
Eight will
compete in the men and women’s rifle events, E.Davaakhuu IMS will shoot in the
men pistol event. Masters of sports B.Buyanbaatar, O.Togoldor and Sh.Buyanzaya
will appear in the youths contests.
The teams have
been headed by V.Otgondemberel, the honorary president of the Shooting Sports
Federation of Mongolia; and by Ch.Erdenetuya, a chair of the national team.
Coaches are L.Undralbat, a State Honored Coach, and S.Adilbish IMS.
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