Mongolia Brief September 26, 2014
Oyu
Tolgoi Board Meeting Approaches
By B.
Amarsaikhan
Ulaanbaatar,
September 26 (MONTSAME) Oyu Tolgoi feasibility study has been submitted by
"Turquoise Hill Resources" Ltd. to the Board of directors of Oyu
tolgoi company, the latter will discuss the study this October 2.
After this the
feasibility study will be considered by Council for Minerals of Mongolia, said
the Mining Minister D.Gankguyag on Tuesday while giving an overview of the
mining sphere.
He also said a
law on minerals sector transparency, discussed by the government on September
18, will be submitted to the State Great Khural. The transparency is supposed
to reduce corruption, to raise public control over mining companies'
activities, to increase a number of taxes and payments to localities and
state budgets, he said.
The cabinet had
also discussed draft resolutions on re-estimating petroleum reserves and
measures taken for fuel reserves, "related ministers have been told to
have the petroleum reserves reach 83,350 tonnes which equals 30-day need, and
to resolve the funding for this activity," he reminded.
By August of
2014, the mining sector collected MNT 802.8 billion in the state budget, the
minerals export also increased, namely, the coal export by 27.6 percent
reaching 12.2 million tonnes, oil—by 45.5 percent reaching 4.4 million barrels,
and the export of copper concentrate doubled in amount, he said. Some 844.3
thous.tonnes of copper concentrate were exported by the end of August, he
added.
The Minister
went on that gold sold to the Bank of Mongolia reached seven tonnes. A
"Focus Metal Mining" LLC commissioned a new wet-concentrate plant on
September 6 based on Khudag Baishint iron deposit in Bulgan aimag, this plant
is to market 1.9million tonnes of wet-concentrate and 69 thous.tonnes of regular
concentrate within five years, and is estimated to make profit of USD 228.2
million, he said.
New
Deputy Justice Minister appointed
September 26
(news.mn) The Government of Mongolia appointed Ts.Uuganbayar as Deputy Justice
Minister in Thursday's cabinet meeting on September 25th.
Ts.Uuganbayar
graduated from the Academy of the Russian Internal Affairs Ministry as a
lawyer. He has experience working for the police and intelligence agency as an
administrative officer. He had been Deputy Director for the Mongolian Customs
General Authority before he was appointed as Deputy Justice Minister.
The Executive
Committee of the Mongolian People's Revolutionary Party (MPRP) held an
irregular meeting on September 24, and elected Ts.Uuganbayar as Secretary
General of the party. The Executive Committee of MPRP also elected their
nominee for Deputy Justice Minister for submission to the Government.
Deputy Justice
Minister E.Erdene-jamiyan was charged for disrupting the process of an
investigation and dismissed from his post as Deputy Justice Minister, following
decisions by three courts.
OWL
telescope installed at Tavan Tolgoi
September 26
(news.mn) An Overwhelmingly Large Telescope (OWL) for an astrophysics
observatory was installed at the base of Tavan Tolgoi seismic station, 55 km
from Ulaanbaatar.
The
installation of the OWL was collaboration between the Research Center for
Astronomy and Geophysics, Academy of Sciences of Mongolia, and Korea Astronomy
and Space Science Institute.
Fully
automatic, with a 45 cm diameter, and a Ritchie-Chretien optical system, the
OWL was installed in an aperture pavilion can be partially or fully opened to
the night sky.
The OWL will be
used for the observation of small planets, comets around Earth's planet belt,
objects in orbit, and the optic emissions of gamma-bursts.
Mongolian and
South Korean scientists aim to collaborate on conduct study at the observatory
and sharing information.
South Korea has
15 satellites for numerous uses and will use the OWL for tracking their
satellites, observing debris in space and speculating the risk of collision.
Mongolia
to Join Safety and Health in Mines Convention
September 26
(infomongolia.com) At the regular Cabinet meeting took place on September 25,
2014, it was agreed Mongolia to join the Safety and Health in Mines Convention,
1995 (No.176) recognizing that it is desirable to prevent any fatalities,
injuries or ill health affecting workers or members of the public, or damage to
the environment arising from mining operations.
The Convention
was adopted at the 82nd Session of the International Labour Organization held
in Geneva on June 22, 1995 and entered into force on June 05, 1998.
In the scope of
joining the Convention, Mongolia shall to follow and comply with the Convention
acts and regulations, in particular, clearly determine the roles and
responsibilities of employers and workers, as well as provide for:
- the
supervision of safety and health in mines,
- the
inspection of mines by inspectors designated for the purpose by the competent
authority,
- the
procedures for reporting and investigating fatal and serious accidents,
dangerous occurrences and mine disasters, each as defined by national laws or
regulations,
- the
compilation and publication of statistics on accidents, occupational diseases
and dangerous occurrences, each as defined by national laws or regulations,
- the power of
the competent authority to suspend or restrict mining activities on safety and
health grounds, until the condition giving rise to the suspension or
restriction has been corrected,
- the
establishment of effective procedures to ensure the implementation of the
rights of workers and their representatives to be consulted on matters and to
participate in measures relating to safety and health at the workplace;
As of Mongolian
mining industry, the General Agency for Specialized Inspection reports that
workers are most affected by the industrial accidents and in the past 6 years,
510 workers have been affected in the mining industrial accidents, whereas one
third died and 49 persons become disabled as a result of an accident. Thereof,
Government of Mongolia deems by ratifying the Convention it will improve the
labor safety in this sector in accordance with international safety standards.
Defense
Minister of Turkey Ismet Yilmaz Pays Official Visit to Mongolia
September 26
(infomongolia.com) Delegates from the Ministry of National Defense of the
Republic of Turkey headed by Minister Ismet Yilmaz are paying an official visit
to Mongolia on September 25-26, 2014.
On the first
day of the visit, Defense Minister of Mongolia D.Bat-Erdene welcomed his
counterpart of Turkey at the Ministry of Defense with guards of honor, after,
parties held a meeting discussing issues concerning bilateral relations as well
as the partnership broadening in the defense sector and its further plans.
During the
bilateral meeting, the two Ministers inked on intergovernmental document of
“Agreement of Military Financial Cooperation” and it’s “Implementation
Protocol”.
Also, Defense
Minister Ismet Yilmaz met with Mongolian military representatives and
peacekeepers served in Iraq, Afghanistan and other states to express his
appreciation for successful mission.
Afterwards,
Minister D.Bat-Erdene presented a thoroughbred racehorse to the distinguished
guest, Defense Minister of Turkey Ismet Yilmaz, and after receiving this
honorary gift, Minister I.Yilmaz gave a name to the horse as Bilge named after
the Great Bilge Khagan.
As part of his
official visit programs, Defense Minister Ismet Yilmaz and accompanying
delegates were received by the Prime Minister of Mongolia N.Altankhuyag in the
Government House on September 25, 2014. After which, the delegation visited
historical sites of Khushuu Tsaidam Memorial Complex in Arkhangai Aimag,
Tonyukuk monuments in Nalaikh district and Chinggis Khaan statue at Tsonjin
Boldog in Tuv Aimag.
Cooperation in
Defense sector between Mongolia and Turkey has been successfully developing
since 1999 and according to intergovernmental negotiations, the Government of
Turkey annually assists Mongolian Defense sector with grant aid equivalent to
one million USD. Moreover, 79 Mongolian officers have graduated from Turkish
Military Academy since 2000.
Related:
Defense
Minister of Turkey Visiting – Montsame,
September 26
Mongolia’s
Erchim FC Could not Qualify at Final Stage of 2014 AFC President’s Cup
September 26
(infomongolia.com) The last edition of the AFC President's Cup organized by the
Asian Football Confederation (AFC) is taking place this year and we previously
reported that Mongolia represented with its Erchim FC has qualified in the
Group Stage last May.
To remind, the
Erchim FC (Mongolia) competed against the teams of Manang Marshyangdi Club
(Nepal) and Svay Rieng FC (Cambodia) in the Group “C” held in Ulaanbaatar,
Mongolia on May 01-05, 2014. Winning over the Svay Rieng FC, Erchim was
eligible to continue games at the Final Stage being held in Sri Lanka on
September 20-26, 2014.
In the Final
Stage, six teams (HTTU Asgabat - Turkmenistan, Manang Marshyangdi Club - Nepal,
Sri Lanka Air Force - Sri Lanka in A Group, Rimyongsu - North Korea, Sheikh
Russel - Bangladesh, and Erchim - Mongolia in B Group) were drawn into two
groups of three. Each group has played on a single round-robin basis, with the
same ranking rules as the group stage.
On September
20, 2014, Erchim FC made its first game against the Sheikh Russel, but was
defeated by 0:1 and the second match was held on September 22nd with Rimyongsu,
but unfortunately also lost to North Korean team by 0:5 that disqualifies to
continue the 2014 AFC President’s Cup.
For the Final
Match, HTTU Asgabat (Turkmenistan) and Rimyongsu (North Korea) will be playing
today at 04:00 pm by local time.
“American
Days” Exhibition to Promote Best Goods and Services to Be Held in Ulaanbaatar
September 26
(infomongolia.com) Mongolian National Chamber of Commerce and Industry (MNCCI)
in collaboration with the Embassy of the United States of America in
Ulaanbaatar are organizing the “American Days” Exhibition at the MNCCI,
Ulaanbaatar on September 30 and October 01, 2014.
The two-day
event will feature over 40 companies representing the best American goods and
services and the exhibition is sponsored by leading firms such as Peabody Energy,
GE, Wagner Asia Equipment LLC, as well as Fuji Altai LLC and Mongol TV.
Mongolia
to Take Active Part in VIII Ministerial Conference of CD, States Foreign
Minister L.Bold
September 26
(infomongolia.com) In the frameworks of participation in the 69th Session of
the United Nations General Assembly (UNGA), the Minister for Foreign Affairs of
Mongolia, Mr L.Bold attended the 14th high-level meeting of the Community of
Democracies Governing Council held in New York on September 24, 2014.
Addressing the
meeting, Minister L.Bold stated that Mongolia has been carrying out within the
Community of Democracies, in particular, focused on Mongolia’s initiatives on
adoption of UN resolution on education for democracy, the organization of an
pertinent international workshop, and the Asia-Pacific regional cooperation.
Stating
Mongolia will support a draft resolution on “Democracy and Development”
initiated by El Salvador, the CD Chairman at the UNGA session, Minister L.Bold
confirmed that Mongolia will take an active part in the VIII Ministerial
Conference of the Community of Democracies to be hosted in San Salvador city in
July 2015.
The VII
Ministerial Conference of the Community of Democracies was successfully hosted
by Mongolia in its capital city of Ulaanbaatar on April 27-29, 2013.
Health
Minister Receives Project Proposal from Hungary
By B.
Amarsaikhan
Ulaanbaatar,
September 26 (MONTSAME) The Minister N.Udval received a Hungarian delegation on
Thursday who proposed constructing a facility for Vascular Center at the
Third State Clinic on concession contract.
To the
guests--a director of Hungarian VMD Hospotal Technology Group Gapshar Marot,
the company specialist Tamas Darvos and an executive director of Galk LLC
Mesarosh Ishtvan--Ms Udval said this proposal has precisely coincided with her
Ministry's intention to erect such centers, about which was talked over at a
recent "Health sector economy and investment" conference, and
promised to have the proposal discussed by the Government,"once it is
supported, we will extendedly talk on further cooperation".
Mr Marot
expressed a readiness to collaborate at any time. "Our group has performed
constructions of medical facilities in many countries, and we considers that a
hospital building must be in compliance with detailed requirements and hi tech
standards, so before commencing the work we run research into a nation's
tendencies and differences," he said.
The group has
some 20-year experience in health market, mostly in marketing of medical
equipment and consumer medications marketing. They provide customers with
comprehensive services, including consulting, medical technology design,
project planning, installation, commissioning, general management of project
and operation, health fuel system, on-call nurse system, maintenance, supplying
of medical equipment and funding.
"Petroleum
Reserves to Cover 39-Day Needs"
By N. Khaliun
Ulaanbaatar,
September 26 (MONTSAME) This will be sufficient if the consumption is routine,
says the head of the Ministry of Mines.
The reserve of
A-80 petroleum will cover 43 days, AI-92—37 days, diesel is enough for 33 days,
and TC-1 –for 43 days, Mr D.Gankhuyag went on.
As the
government decided on this September 18 to renew the reserves of imported oil
products, "our Ministry has been working on reaching 83 thous.350 tons by
March of 2015," he said. This amount is to satisfy 30-day
consumption.
President
Participates in High Level Discussion as General Repertoire
By B. Khuder
Ulaanbaatar,
September 26 (MONTSAME) Within the 69th session of the UN General Assembly in
the UN Headquarters in New York, the leader of Mongolia Ts.Elbegdorj took part
in a high-level discussion on abolishing the capital punishment on Thursday.
The Deputy
Secretary-General of the UN Mr Jan Kenneth Eliasson made the opening remarks,
underlining an importance of a sustainable activity to terminate the death
penalty across the world. Alongside the Mongolian President, the UN High
Commissioner for Human Rights Mr Zeid Ra'ad Al Hussein and the PM of Italy Mr
Matteo Renzi attended the discussion as the general repertoires.
The discussion
also attracted Didier Burkhalter, the President of Switzerland;
K.Shanmugam, Singapore's Minister of Foreign Affairs; Rui Machete, the
Portuguese Minister of Foreign Affairs; Hans Brattskar, the State Secretary of
Norway; and Laurent Fabius, the Foreign Minister of France, who shares views on
the abolishing of the capital punishment.
The death
penalty is an outdated punishment for the 21st century, Mr Zeid Ra'ad said
and urged leaders of states to get rid of it. Some were emphasizing an importance
of political leadership in making a decisive step by altering laws.
As of present,
160 countries have stopped using or have abolished the capital punishment. Some
positive steps have been made in Equatorial Guinea, Pakistan, in some states of
the USA, El Salvador, Gabon and Poland.
”Treasure
of Country” Cultural Program
By B.
Amarsaikhan
Ulaanbaatar,
September 26 (MONTSAME) A draft regulation will be considered this September 29
by the Civil Hall on granting a "Treasure of the Country" state
certificate.
It is part of
the similarly-named program initiated by the President of Mongolia Ts.
Elbegdorj.By this he wants to honor those who master unique and rare genres of the
Mongolian intangible cultural heritage, to discover such gifted people, to help
them train their disciples, and to provide with favorable conditions a
continuous development and inheritance of intangible heritage.
Young
Diplomats Trained
By B. Khuder
Ulaanbaatar,
September 26 (MONTSAME) In frames of a governmental programme of Thailand, 15
young diplomats of Mongolia’s Ministry of Foreign Affairs were involved
September 8-26 in a training dedicated to the regional organizations such as
ASEAN and APEC.
On Friday, the
trainees received the certificates. Within the programme, they were given
lectures on functions and goals of the regional intergovernmental
organizations, and had practical exercises such as holding negotiations,
participating in debates and expressing positions and opinions.
Such
professional training will run in future under specific directions and
topics.
Speaker Participates in Monthly Meeting of AmCham Mongolia
By N. Khaliun
Ulaanbaatar,
September 26 (MONTSAME) Parliament Speaker Z.Enkhbold Wednesday participated in
a monthly meeting organized by AmCham Mongolia.
Opening remarks
were given by Mr Kirk McBride, Deputy Chief of Mission of the U.S. Embassy
in Ulaanbaatar, and by a Chairman of AmCham’s Board of Directors Jackson
Cox, who noted that the autumn session of the State Great Khural will discuss
many important bills related to foreign investors. The Speaker gave an overview
of the legislative priorities of this session and ways to forge partnership
with American, and other “Third neighbor” companies to encourage investing
Mongolia. He also stressed an importance of the issues to be discussed by the
autumn session and named several crucial bill such as a draft resolution of
parliament on some measures for ensuring the implementation of state policy on
railway transportation; an issue of discharging some members of the cabinet; a
draft resolution of parliament on the general law of Mongolia; a draft law on
crime; bill on financing of political parties; a draft amendment to the law on
the rule of maintaining the law on banning mineral exploration and exploitation
near water sources, forests and protected areas; and others.
He also gave
information about the projects “Silk road” and “Steppe Road” and highlighted
the position of parliament over these matters. He said the visits of the
President of Russia Vladimir Putin and President of China XI Jinping played an
important role in enhancing trade and economic cooperation, and then answered
some questions.
The American
Chamber of Commerce (AmCham) in Mongolia is an independent membership-driven
organization that seeks to build, strengthen, and protect business between the
United States and Mongolia and to actively promote Mongolia as a destination
for American investment. AmCham Mongolia is accredited by the U.S. Chamber of
Commerce as its official affiliate in Mongolia. Based in Washington, DC, the
U.S. Chamber of Commerce is the largest business federation in the world with
over 3 million member-companies. AmChams have been established in over 100
countries.
French-Mongolian Economic Forum Takes Place
By B.
Amarsaikhan
Ulaanbaatar,
September 26 (MONTSAME) A second Mongolian-France economic is running these
days at Blue Sky hotel themed "Cooperation in energy sector".
Taken part by
high-class French and Mongolian companies, the forum is discussing four main
topics such as "Energy policies and current status of the sector",
"Investment in energy sector, energy capacity of Mongolia: Traditional and
ecofriendly energy", "New resource of energy, extraction of liquid
and gas fuel from coal" and "Efficient use and reserves of energy;
Smart network and Smart cities".
A host of the
event--French-Mongolian Chamber of Commerce (FMCC), established in 2007, has
now 50 member-companies such as French Air Liquid Ltd., AREVA, GDF Suez,
Schneider Electric Corp., Mongolian “Erdenes Mongol” state-owned company,
“Tavan Tolgoi” LLC, MAK Corporation.
The Ambassador
Extraordinary and Plenipotentiary of France to Mongolia addressed the forum,
noting that France is the fifth largest economy in the world with highly
developed industry of satellites and missile production. France is eager to
share with Mongolia its experiences in exploiting both nuclear and renewable
energies, he stressed.
Mongolian Basketball Player Nominated as MVP
By B. Amarsaikhan
Ulaanbaatar,
September 26 (MONTSAME) The Mongolian basketball player T.Sanchir has been
nominated as the Most valuable player (MVP) at the Asian Games–Incheon 2014.
Mongolian
team’s tremendous development shown at this year’s Asian Games surprised many
basketball players all around the world. It had close match with S.Korean and
Chinese teams, and defeated Jordan’s team.
On the fifth
day of basketball tournament, our Sanchir became one among three best forwards
of the games, bringing 21.4 points to his team in every match. He also leads
the list of best cutters, having cut 34 attacks in five matches.
“Khuden” to open the Ulaanbaatar International Film Festival
September 26
(news.mn) Ulaanbaatar International Film Festival is taking place from October
8-12th. The Ministry of Culture, Sport and Tourism is organizing the festival
in collaboration with Arts Council of Mongolia and Mongolia's Film Council.
The Ulaanbaatar
International Film Festival will be attended by filmmakers from more than 10
countries in Asia and Europe, as well as Mongolia and the USA.
Traditionally,
a film by a Mongolian director opens the festival. This year the
drama “Khuden”, by Mongolian director B.Tavanbayar, will be screened on
the first day of the film festival.
UB now home to 26,000 more private vehicles
September 26
(news.mn) According to an official report issued by the Ulaanbaatar City
Statistics Office, city registered car usage in Ulaanbaatar has risen 16.5
percent in the past three years.
According to
annual increases, city registered car usage was 28.9 percent in 2011, but in
2012, it fell to 9.1 percent. In 2013 a total of 257.5 thousand cars were
involved in state vehicle inspections, an increase of 28.5 thousand compared to
2012, and 46.8 thousand from 2011.
Only 66.9
percent of all vehicles were covered by state vehicle inspections across the
country.
According to
the 2013 results of state vehicle inspections, 71.6 percent of all inspected
vehicles were private passenger cars.
This data
suggests that 7 out of every 10 vehicles is a private car, and almost 85
percent of private cars are registered by individuals and civilians. The
rapid growth of private car use in the city contributes to increasing traffic
congestion.
The report also
indicates that 4.4 percent of the vehicles are Honda models, 9.5 percent
Nissan, 15.2 percent Hyundai, 51.9 percent are Toyotas, and the remaining 15
percent are vehicles from other manufacturers. A total of 723 vehicles were
registered by foreign residents.
Parliamentary Office Pays Tribute to Seniors
By B. Khuder
Ulaanbaatar,
September 26 (MONTSAME) On occasion of the National Day of Elders, the Speaker
of parliament Z.Enkhbold together with authorities of the Parliamentary Office
received Friday retired parliamentarians and members of the State Conference.
The guests were
paid respect and invited to a reception. They were 40 of 57 who retired from
the Parliamentary Office, the People’s Khural, the State Conference and the
State Great Khural (parliament). A head of the Seniors’ committee at the
Parliamentary Office Sh.Rinchin spoke about difficulties the elders are facing,
for example, health issues. He suggested improving for elders a legal
environment, approving the law on health insurance, and assisting those undergoing
costly medical treatment.
The Speaker
said parliament intends to adopt the law on health insurance before the Lunar
New Year of 2015. "The health insurance for elders and children are paid
by the state, but the money for their insurance is small, therefore some
concrete clauses will be reflected in the new law in order to change this
situation," Enkhbold explained.
Women Basketball Team Defeats Kazakhstan
Ulaanbaatar,
September 26 (MONTSAME) At the 17th Asian Games running in Incheon, our
national women team for basketball beat the Kazakhstan (79:53) at its second
match on Thursday.
This is the
third game for the team. They had played with Hong Kong and were defeated by
64:68. In the second match on Wednesday, they got a technical win against
Qatar.
At the match
with Kazakhstan, an international master of sports D.Ganzul brought 34 points
alone for the team. Thanks to achieving two wins, our women are currently
leading the qualifying round with five points. Now this team will play with
Nepal on Saturday.
The team is
coached by B.Manduul, a chairman of the professional council of Mongolia’s
Basketball Association. A teacher of the Mongolian State University of
Education D.Enebish works as an assistant coach.
Medical equipment from Shastin Hospital on display
September 26
(news.mn) This year marks the 60th anniversary of State Central Hospital
III in Mongolia, named after the Russian doctor Pavel Nikolaevich
Shastin. For the celebration of the anniversary, a historical photo
exhibition and clinical equipment once used in the hospital went on display.
State Central
Hospital III opened to the public in 1954 with two surgical wards, each with 50
beds, and an ear, nose and throat ward with 15 beds.
One of the
first medical specialists invited to Mongolia from the former Soviet Union,
Shastin founded the European hospital in Mongolia in 1923.
A ceremonial
meeting on the occasion of the 60th anniversary of P.N.Shastin was also
held. Former and current medical specialists, nurses and staff of the hospital
attended the meeting.
For the
celebration of the 60th anniversary of the hospital, a grandchild of
P.N.Shastin, surgeon Nicoloi Pavlovich Shastin of the City Clinical Hospital
for Children named after N.F. Filatov, came to Mongolia with his son.
National program for protection of Mazaalai adopted
September 26
(news.mn) The Ministry of Environment and Green Development has adopted a
national program for the protection of Mazaalai, the Gobi Bear.
Mazaalai is
found in no other place in the world outside of Mongolia. The national program
for the protection of Mazaalai is designed to improve Mazaalai habitat, to
increase their numbers by conducting an artificial breeding program, and
protecting its current population.
In the scope of
the national program, a series of measures will be taken to provide more
sources of drinking water for the Mazaalai in their desert habitat. The
planting of natural food sources for Mazaalai will be in operational in September.
Men Basketball Team Makes First Game in Quarterfinal Round
By B. Khuder
Ulaanbaatar,
September 26 (MONTSAME) After being qualified from the preliminary round, the
men basketball team of Mongolia made Friday its first match against China, at
Incheon-2014 Asian Games.
In the “G”
group Mongolia was seeded together with China, Iran and Japan. In the first
match, Mongolia lost to China 108:67. According to the schedule, our next
matches will take place Saturday and Sunday.
Discussion runs on determination of local governance tendencies
By B.
Amarsaikhan
Ulaanbaatar,
September 26 (MONTSAME) A "Correct determination of tendencies in local
governance" discussion is running at the Grand Hall of the State House on
September 26.
The event has
been co-organized by the parliamentary Standing committee on state structure
and a “Union of local governance of Mongolia" on the occasion of the
latter’s 20th anniversary.
A head of this
union and MP Su.Batbold addressed the gathered. He said their union has been
working thoroughly pursuant to the desires of the locals, not following any
political party’s discipline, with a sole purpose of naturalizing
self-governance. He also thanked the union members for their countless
commitments for achieving the goal.
The
participants were some 100 members of the union from all 21 aimags of Mongolia.
The union was created to develop and consolidate localities' governance in
frames of Constitution, to secure common rights and interests of the
communities, to improve their cooperation, and to advertize their achievements.
"Monetary and financial relations of Mongolia and China" forum to run
By N. Khaliun
Ulaanbaatar,
September 26 (MONTSAME) The first forum themed as such will be held September
30 at the Ministry of Foreign Affairs of Mongolia.
It will be
co-organized by The Mongolian Academy of Sciences, the Institute for
International studies and the Chinese Central University of Finance and
Economics.
The
participants are to discuss a wide range of issues such as the monetary and
financial relations of Mongolia and China, a current economic situation in both
countries, a reform in System of International Reserves, an
internationalization of the Yuan, an implementation of monetary policy in
Mongolia, a macro level dynamics of China’s stock market.
“Accountability, assessment and implementation” E-conference held
By B.
Amarsaikhan
Ulaanbaatar,
September 26 (MONTSAME) The Prime Minister N.Altankhuyag gave some directions
and obligations to the leaders of Ministries and agencies on certain issues at
the above-named monthly online meeting on Friday.
The draft 2015
budget was discussed at the cabinet meeting on Thursday and the budget
proposals per package were rounded off, and these are will be presented to
parliament soon, he said. Operational expenses have been cut off by the highest
possible amount, and an initiative of allowing local administrations with
budget authorities will be submitted, according to the Prime minister. The
Premier noted that this year’s budget draft is distinctive as it offers rights
to the local administrations to decide their expenditures such as budgets for
building schools and kindergartens. By reducing the expenses of ministries, and
transferring some amount to the localities, operational expenses were cut off,
he added and reminded the ministries and agencies to coordinate their
activities with localities.
At the cabinet
meeting on Thursday, the State Secretary of the Ministry of Energy
D.Delgertsogt took some measures prior to his resignation from the office, and
the reason of this measure was due to the state secretary’s irresponsible
operation of stripping down the newly built road of Airport and beginning of
construction of pipes, the Premier said. He strictly warned the leaders at the
conference not to repeat his mistake. The Government’s next session will
discuss matters on uniting some ministries and agencies because of their
inconsistency of activities, he said.
Stock exchange news for September 26
By B. Khuder
Ulaanbaatar,
September 26 (MONTSAME) At the Stock Exchange trades on Friday, a total of
9,417 shares of 11 JSCs were traded costing MNT four million 055 thousand and
059.00.
"Genco
tour bureau” /7,929 units/, “Merex” /400 units/, “Moninjbar” /331/,
“Tavantolgoi” /276 units/ and "APU” /250 units/ were the most actively
traded in terms of trading volume, in terms of trading value were
"Tavantolgoi” (MNT one million 433 thousand and 390), "APU” (MNT 917
thousand and 200), “Genco tour bureau” (MNT 642 thousand and 249), "Sharyn
gol” (MNT 286 thousand) and "Mogoin gol” (MNT220 thousand).
The total
market capitalization was set at MNT one trillion 560 billion 849 million 218
thousand and 863. The Index of Top-20 JSCs was 15,820.69, decreasing 82.03
units or 0.52% against the previous day.
Our boxers gain first wins in Asian Games
By B. Khuder
Ulaanbaatar,
September 26 (MONTSAME) Boxers of the national team have started fights in the
17th Asian Games in Incheon of South Korea.
International
master of sports B.Chinzorig defeated first rival, from the Philippines, in the
67 kg weight category contest on Friday. In the next bout on Sunday he will
fight with a Malaysian.
The same day, a
State Honored Sportsman and Olympic silver medallist N.Togstsogt beat Yakub
Meredov from Turkmenistan in the 56 kg division. In the quarterfinals, he will
fight with a S.Korean Ham Sang-myeong on September 30.
The Asian
Games’ boxing events are participated by 216 male and female boxers from 34
states. Mongolia is represented by 13 boxers.
Grant recipients launch contemporary arts exhibition here
By B. Khuder
Ulaanbaatar,
September 26 (MONTSAME) FormLAB, a multi-country exhibition series founded and
led but artist Les Joynes (USA) has launched in Mongolian Zanabazar Museum of
Fine Arts, the US Embassy website reported Friday.
Dr Les Joynes
worked with artist/designer Hagen Betzwieser (Germany), contemporary artists
from Blue Sun, Human Nature Love Freedom, Mongolian contrabass /horsehead
fiddle musician, and renowned Mongolian contemporary dancer Enkhgerel - each
considered as pioneers of contemporary art, music and dance in Mongolia - have
exhibited and/or performed together creating wonderful collaborative cultural
exchange. This program was made to happen through partial funding from U.S.
Embassy Ulaanbaatar Local Grants’ Program.
FormLAB is also
simultaneously exhibiting with Human Nature Love Freedom at Gallery 976,
contemporary art gallery in Ulaanbaatar, in conjunction with the launch of
preparing Mongolia’s participation in the 56th International Art
Exhibition - La Biennnale di Venezia.
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