Mongolia Brief October 15, 2014 Part II
Names
of New Three Ministers Promoted to Speaker of Parliament of Mongolia
October 15 (infomongolia.com)
Today on October 15, 2014, Minister of the Cabinet Office of the Government of
Mongolia, MP Ch.Saikhanbileg presented a draft bill on "Appointing New
Members of the Cabinet, Dismissing Incumbent Ministers" to the Speaker of
the State Great Khural (Parliament) Z.Enkhbold.
According to the bill,
Parliamentarian
Mr. Dashzeveg ZORIGT is promoted as the Minister for Finance of Mongolia
Foreign policy advisor to the President, Mr. Lundeg PUREVSUREN as the Minister
for Foreign Affairs and Economic Cooperation
State Secretary
of current Ministry of Mining, Mr. Rentsendoo JIGJID as the Minister for Mining
and Energy of Mongolia
Wherein,
Parliamentarian
Mr. Chultem ULAAN is dismissed from the post of Minister for Finance of
Mongolia
Parliamentarian
Mr. Luvsanvandan BOLD from the post of Minister for Foreign Affairs of Mongolia
Parliamentarian
Mr. Tsevelmaa BAYARSAIKHAN from the post of Minister for Construction and Urban
Development of Mongolia
Parliamentarian
Mr. Amarjargal GANSUKH from the post of Minister for Roads and Transportation
Parliamentarian
Mr. Davaajav GANKHUYAG from the post of Minister for Mining of Mongolia
Parliamentarian
Mr. Nyamjav BATBAYAR from the post of Minister for Economic Development of
Mongolia
Parliamentarian
Mr. Mishig SONOMPIL from the post of Minister for Energy of Mongolia
Last Wednesday
on October 08, 2014, the Parliament of Mongolia approved a bill to diminish
current 16 Ministries to 13, whereas six Ministries were merged into three
Ministries. Therefore, above mentioned six Ministers are dismissed and the
three names promoted will be discussed at the Parliament for approvals, which
is expected tomorrow.
New 13 Ministries of Mongolia since October
2014:
1. Ministry of
Finance (merged from Ministry of Finance and Ministry of Economic Development)
2. Ministry of
Mining and Energy (merged from Ministry of Mining and the Ministry of Energy)
3. Ministry of
Roads, Transportation, Construction and Urban Development (merged from Ministry
of Construction & Urban Development and the Ministry Roads &
Transportation)
4. Ministry of
Foreign Affairs and Economic Cooperation
5. Ministry of
Environment and Green Development
6. Ministry of
Justice
7. Ministry of
Defense
8. Ministry of
Culture, Sports and Tourism
9. Ministry of
Industry and Agriculture
10. Ministry of
Labor
11. Ministry of
Population Development and Social Protection
12. Ministry of
Education and Science
13. Ministry of
Health
Related:
New
Cabinet Ministers are presented to SGK – business-mongolia.com, October 15
Brief
resume of L.Purevsuren, Minister for Foreign Affairs and Economic Cooperation
October 15
(business-mongolia.com) Minister for
Foreign Affairs and Economic Cooperation L.Purevsuren
Current
position: Adviser of Foreign Affairs to the President of Mongolia
Education:
1989 Graduated
MGIMO (Moscow State Institute of International Relations) mastering in Western
Europe
1993 Course for
young diplomats of Eastern Europe and Central Asia, organnised by the Ministry
of Foreign Affairs of the Federal Republic of Germany
2000-2001
Victoria University, Wellington New Zealand
2003 Asia Pacific
Security Center, Hawaii USA
Career:
1989-1991
Attache. Administration Department of the Ministry of Foreign Affairs
1991-1993
Translator, Embassy of Germany in Ulaanbaatar
1993-1995
Attache, Department of Europe and America, Ministry of Foreign Affairs
1995-2000
Second and later First Secretary of Embassy of Mongolia in Bonn
2000-2009 First
Secretary and Adviser to European Department of Ministry of Foreign Affairs.
Foreign
languages: Russian English German
Family: Married
Minister
for Mining and Energy: R.Jigjid
October 15
(business-mongolia.com) Minister for
Mining and Energy: R.Jigjid
Education:
1967 – 1977
Secondary Education
1977 – 1980
Faculty of Physics, National University of Mongolia
1980 – 1985
University of Textile, Japan
Career:
1985 – 1989
Engineer and Director for Production and Director of Department, Gobi Cashmere
Factory
1989 – 1990
Clerk in charge of external relations, Planning and Economy Committee
1990 – 1996
Second secretary and adviser, Asia Africa Department, Ministry of Foreign
Affairs
1996 – 2000
Adviser, Embassy of Mongolia in Japan
2000 – 2004
Adviser, Asia America Department, Ministry of Foreign Affairs
2004 – 2006
Adviser, Embassy of Mongolia in Japan
2006 – 2011
Ambassador to Japan
Sept. 2012
Charge de Affairs of the State Secretary of the Ministry of Mining
Brief
resume Minister for Finance: D.Zorigt
October 15
(business-mongolia.com) Minister for
Finance: D.Zorigt
Education:
1977 Secondary
Education
1982 Engineer –
economist, Construction and Engineering University, Rostov, USSR
Career:
1982 – 1986
clerk “Compleximport” cooperative, State Committee for External Economic
Cooperation
1986 – 1989
Deputy Director, “Mongol Barilga” cooperative, State Committee for External
Economic Cooperation
1989 – 1991
First Deputy Director, “Materialimpex” Cooperative
1991 – 1996
Deputy Director “Odod” LLC
1996 – 1999
Director of State Property Agency
1999 – 2000
Chairman of the State Property Committee
2000 – 2008
Chairman of the Board of Directors “Mongol Post” bank
2008 – 2012
Elected as Member of Parliament
2009 – 2011
Chairman of the sub-committee of Budget Expenditure of the State Great Khural
2011 – 2012
Chairman of the Standing Committee of Economy
Defense
Sectors of Mongolia and United Kingdom Hold First Official Talks in Ulaanbaatar
October 15
(infomongolia.com) The first meeting between defense sectors of Mongolia and
the United Kingdom of Great Britain and Northern Ireland was held in
Ulaanbaatar on October 13, 2014.
The British
side was represented by Brigadier General Simon Levey, Defense Attache at
British Embassy in Beijing, China, who concurrently serves as Defense Attache
to Mongolia and Julian Pearson, Deputy Head of Mission and Head of Commerce at
British Embassy in Ulaanbaatar, where the Defense Ministry of Mongolia by
Colonel D.Ariunbold, Director of the Department for External Cooperation.
During the
meeting, parties exchanged views on bilateral relations within defense sector,
current state of partnership and its further tendencies, and agreed on the
measures to implement jointly in 2015.
At the meeting
it was also discussed and agreed to continue training of Mongolian military
staff at the UK Military School, to expand participation of the UK
representatives at the Khaan Quest multinational peacekeeping exercise, to
continue the implementation of “Peacekeeping English” project at Defense
Ministry of Mongolia, to exchange of experiences in the military hospital and
back-office management services as well as to develop horse polo sport in
Mongolian defense sector.
This meeting
was significant as the first official talks since the establishment of
Memorandum of Understanding between the two Defense Ministries inked in 2012.
First
Ever Wheelchair Miss to Be Hosted in Ulaanbaatar on International Day of People
with Disability
October 15 (infomongolia.com)
The “Bid Chadna Negdel” NGO in collaboration with “Brilliant” women’s union and
Ikh Zasag International University are organizing the first ever pageant
contest for people with disabilities namely Wheelchair Miss 2014 in Ulaanbaatar
on December 03, 2014.
The December
Third is an International Day of People with Disability and last year the NGO
successfully organized the “Wheelchair Fashion” show and this year the show
will be also hosted on this day.
The winner of
the contest will be elected as the Envoy representing Mongolian people with
disability and be the first owner of the Wheelchair Miss Trophy, moreover, she
will be awarded with a certificate to have a holiday with her family members in
Italy.
2014
Wool, Cashmere and Leather Products Exhibition Opens Tomorrow
October 15
(infomongolia.com) The Ministry of Industry and Agriculture in collaboration
with Mongolian Wool and Cashmere Association, Mongolian Association for
Manufacturers of Leather and Skins, and Misheel Group LLC are organizing the
“Wool, Cashmere, Hide and Leather Products 2014” annual exhibition and trade
fair in Ulaanbaatar on October 16-20, 2014.
The event will
take place at Misheel Expo Center for the consecutive 8th year and this time
over 120 entities industrialized in this sector will be participating and
displaying their best products in the following categories.
- Wool and
cashmere clothes
- Wool and
cashmere hats, gloves and scarves
- Sheepskin
coats and fur clothing
- Leather
clothing, shoes and handbags
- Leather
accessories
Turquoise
Hill Announces Third Quarter 2014 Production
October 15
(infomongolia.com) On October 14, 2014, the Turquoise Hill Resources announced
the third quarter 2014 production for Oyu Tolgoi LLC, Mongolia's largest copper
and gold mining company.
Production for
Q3’14 was 36,600 tonnes of copper and 132,000 ounces of gold in concentrates.
Metal production for the quarter was in-line with Q2’14 as higher copper grades
offset lower throughput due to the previously announced failure of the rake
arms in one of Oyu Tolgoi’s two tailings thickeners.
Material mined
of approximately 19.5 million tonnes for the quarter was higher than Q2’14 but
was impacted by lower equipment availability.
The high-grade
zone of the open pit was progressively accessed during Q3’14 with consistent
mining of the high-grade zone starting in September. As a result, gold grades
improved during Q3’14 and are expected to increase during Q4’14.
Strong
concentrate sales continued during Q3’14 with sales exceeding production
resulting in an inventory drawdown for the quarter.
Production and financial guidance update
As a result of
the delayed mine advancement in Q3’14, Turquoise Hill now expects Oyu Tolgoi to
produce between 550,000 - 600,000 ounces of gold in concentrates for 2014.
Previously anticipated Q4’14 gold in concentrates production is expected to
shift to Q1’15. Turquoise Hill previously expected between 135,000 - 160,000
tonnes of copper in concentrates for the year but now expects Oyu Tolgoi to
produce between 135,000 - 150,000 tonnes of copper in concentrates for 2014.
Throughout
2014, Oyu Tolgoi has been focusing on cost reduction and productivity
initiatives designed to generate increased cash flow and improve financial
performance. As a result, Turquoise Hill expects an approximately US$130
million reduction in Oyu Tolgoi’s operating cash costs for 2014 from the
previously announced US$1.0 billion. Turquoise Hill has also reduced expected
capital expenditure for 2014 from US$160 million to capital expenditure of
approximately US$110 million for the year.
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