1 LEGAL DISPUTE OVER EMC OWNERSHIP COMES TO AN END WWW.ZGM.MN PUBLISHED:2018/09/20      2 ERDENES TAVAN TOLGOI REVENUE SURGES DUE TO HIGHER COAL PRICES WWW.NEWS.MN PUBLISHED:2018/09/20      3 RUSSIA AND MONGOLIAN BORDER CROSSING NO. 487 WWW.NEWS.MN PUBLISHED:2018/09/20      4 WORLD ECONOMICS REPORTS THAT MONGOLIA’S EMPLOYMENT RATE HITS A FIVE-YEAR HIGH WWW.GOGO.MN PUBLISHED:2018/09/20      5 USD HITS RECORD HIGH IN MONGOLIA DUE TO HIGHER IMPORTS WWW.CHINA.ORG.CN PUBLISHED:2018/09/20      6 READOUT OF VICE PRESIDENT MIKE PENCE’S MEETING WITH PRIME MINISTER UKHNAA KHURELSUKH OF MONGOLIA WWW.WHITEHOUSE.GOV PUBLISHED:2018/09/20      7 MONGOLIA LAUNCHES EU-FUNDED PROJECTS TO PROMOTE GREEN DEVELOPMENT, ENVIRONMENTAL PROTECTION WWW.XINHUANET.COM PUBLISHED:2018/09/20      8 COAL EXPORTS FROM TOP SHIPPER HOBBLED WITH MINERS FACING CONSTRAINTS WWW.MINING.COM PUBLISHED:2018/09/20      9 FRONTIER'S "INVEST MONGOLIA TOKYO 2018" WWW.MONGOLIANBUSINESSDATABASE.COM PUBLISHED:2018/09/19      10 U.S.-CHINA TRADE TUSSLE IS CREATING WINNERS IN SOUTHEAST ASIA WWW.BLOOMBERG.COM PUBLISHED:2018/09/19      УУРХАЙЧДЫН АЖЛЫН БАЙР НЭМЭГДЭЖ, ЦАЛИН ӨСЧ БАЙНА WWW.GOGO.MN НИЙТЭЛСЭН:2018/09/20     “ЭРДЭНЭТ”-ИЙН 49 ХУВИЙН ӨМЧЛӨЛ ТОЙРСОН ХУУЛЬ ЗҮЙН МАРГААН ЭЦЭС БОЛЛОО WWW.ZGM.MN НИЙТЭЛСЭН:2018/09/20     СЗХ-НД МӨНГӨ УГААХТАЙ ТЭМЦЭХ НЭГЖИЙГ БАЙГУУЛАХААР БОЛЛОО WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/09/20     БНХАУ: ОЛОН ТАЛТ, ЧӨЛӨӨТ ХУДАЛДААГ ДЭМЖИЖ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/09/20     АТҮТ: БҮРТГЭЛТЭЙ АВТОМАШИНЫ 60 ОРЧИМ ХУВЬ НЬ ҮЗЛЭГ ОНОШИЛГООНДОО ХАМРАГДСАН WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/09/20     ЭДИЙН ЗАСАГ УРТ ХУГАЦААНЫ ТЭНЦВЭРИЙГ ХАНГАХАД ТӨВЛӨРНӨ WWW.ZGM.MN НИЙТЭЛСЭН:2018/09/20     ЯПОН УЛСТАЙ АЯЛАЛ ЖУУЛЧЛАЛЫН САЛБАРТ ХАМТАРНА WWW.DNN.MN НИЙТЭЛСЭН:2018/09/20     МОНГОЛ, АМЕРИКИЙН ХАРИЛЦАА ШАТ АХИЖ, ӨРГӨТГӨСӨН ИЖ БҮРЭН ТҮНШЛЭЛИЙН ТҮВШИНД ХҮРСНИЙГ НОТЛОВ WWW.NEWS.MN НИЙТЭЛСЭН:2018/09/20     ШЕНГЕНИЙ БОГИНО ХУГАЦААНЫ ВИЗИЙН МЭДҮҮЛГИЙГ УЛААНБААТАР ХОТОД АВНА WWW.MEDEE.MN НИЙТЭЛСЭН:2018/09/19     2018 ЭХНИЙ 7 САРД МОНГОЛЧУУД ГАДААД РУУ ЭМЧИЛГЭЭНД ЯВАХДАА 19.5 САЯ АМ.ДОЛЛАР ЗАРЦУУЛЖЭЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/09/19    

Events

Name organizer Where
Frontier's "Invest Mongolia Tokyo 2018" Frontier Securities Tokyo Japan
"Open to Export" ICC WTO International business award ICC WTO London

NEWS

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U.S. assistant secretary of defense to visit Mongolia on cooperation www.xinhuanet.com

ULAN BATOR, Feb. 27 (Xinhua) -- U.S. Assistant Secretary of Defense for Asian and Pacific Security Affairs Randall Schriver will pay an official visit to Mongolia from Wednesday to Friday for talks with Mongolian officials on bilateral defense cooperation.

Schriver will hold an official meeting with Mongolian Defense Minister Nyamaa Enkhbold on defense cooperation between the two countries, the U.S. embassy in Mongolia said Tuesday.

It is expected that an agreement on providing health service to military personnel and their families of both countries will be introduced.

Schriver previously served as Deputy Assistant Secretary of State for East Asian and Pacific Affairs, covering Mongolia.

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Diesel ban approved for German cities to cut pollution www.bbc.com

German cities will be allowed to ban older diesel vehicles from some areas following a landmark court ruling.

The Federal Administrative Court in Leipzig said the cities of Stuttgart and Duesseldorf could legally ban older, more polluting diesel cars from zones worst affected by pollution.

The ruling sets a precedent for other cities and analysts said it could lead to similar action across Europe.

The government, which had opposed the bans, said they could still be avoided.

The ruling by a top federal court came after German states had appealed against bans imposed by local courts in Stuttgart and Duesseldorf.

The environmental group DUH brought the cases after about 70 German cities exceeded European Union limits for nitrogen oxides (NOx) last year.

Diesel emissions containing nitrogen oxides can cause respiratory disease.

The likelihood now is that the German government will rush to introduce some sort of national policy, to ensure at least some level of consistency across the country.

It's not just about Germany either - cities across Europe are struggling to meet EU air quality standards, and may well see the German ruling as setting a precedent.

New diesel cars won't be affected, but that's not really the point. Consumers are already moving away from the technology - and the prospect of city bans will only accelerate that process.

So diesel's decline is likely to gather momentum.

That's a problem for the industry, because while diesels produce high levels of nitrogen oxide - a major urban pollutant - they emit relatively low levels of carbon dioxide, a greenhouse gas.

So moves to control one environmental problem may end up undermining efforts to combat another - unless we all start driving electric cars very soon.

Diesel vehicles have faced greater scrutiny since VW's "dieselgate" scandal.

In September 2015, the car maker admitted it had used illegal software to cheat US emissions tests. Some 11 million cars worldwide ended up being affected by the scandal.

DUH said it hoped the bans in German cities would end the industry's "resistance" to refitting older, more-polluting cars to meet the latest EU standards.

ClientEarth, an environmental law firm that worked on the case, said the win was "a tremendous result for people's health in Germany and may have an impact even further afield".

Lead clean air lawyer Ugo Taddei said: "This ruling gives long-awaited legal clarity that diesel restrictions are legally permissible and will unavoidably start a domino effect across the country, with implications for our other legal cases."

The impact on German drivers could be marked, with millions being forced to leave their cars at home on days when harmful emissions are particularly high.

It could also depress the value of diesel cars affected by the ban.

Of the 15 million diesel cars on Germany's roads, only 2.7 million meet the latest Euro-6 standards, according to data from Germany's automotive watchdog.

Car companies could also incur huge costs to refit vehicles at a time when consumer interest in diesel is falling.

The market share for diesel vehicles in Germany fell from 48% in 2015 to around 39% last year.

"The court has not issued any driving bans but created clarity about the law," said Environment Minister Barbara Hendricks. "Driving bans can be avoided, and my goal is and will remain that they do not come into force," she added.

Chancelor Angela Merkel also weighed in, saying the ruling concerned only "individual cities".

"It's really not about the entire country and all car owners," she said.

Bans elsewhere?
Seeking to avert bans, German car makers have pledged software improvements for millions of diesel cars and offered trade-in incentives for older models.

The German government meanwhile has floated alternatives, such as making public transport free in cities suffering from poor air quality.

Paris, Madrid, Mexico City and Athens have all pledged to ban diesel vehicles from city centres by 2025, while the mayor of Copenhagen wants to ban new diesel cars from entering the city as soon as next year.

Carmakers including VW-owned Porsche and Toyota have also signalled they will move away from diesel technology.

Analysts at Evercore ISI said the latest German ruling had "set a strong precedent for similar action across Europe".

"Note, the judge previously commented that the EU has clear rules on emissions and cities have a 'duty' to meet pollution targets."

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Mongolia one of eight countries with established sustainable finance www.montsame.mn

Ulaanbaatar /MONTSAME/ Mongolia is one of the eight countries that are at the ‘established’ stage of sustainable finance, according to the Global Progress Report of the Sustainable Banking Network, an International Finance Corporation-supported (IFC) organization of banking regulators and associations.

Emerging markets have become a major force in driving development and fighting climate change as 34 countries have initiated banking reforms to expand sustainable lending, says the report, issued on February 26.

“Eight countries—Bangladesh, Brazil, China, Colombia, Indonesia, Mongolia, Nigeria, and Vietnam—have reached an advanced stage, having implemented large-scale reforms and put in place systems for results measurement. These reforms require banks to assess and report on environmental and social risks in their lending operations and put market incentives in place for banks to lend to green projects,” it said.

The report was introduced on February 27 at a press conference in Ulaanbaatar, where IFC Resident Representative to Mongolia Tuyen D. Nguyen appreciated Mongolia’s efforts and progress in sustainable banking.

The Sustainable Banking Network was formally launched in 2012, since when Mongolia has been an active member. The Mongolian Bankers’ Association introduced the Mongolian Sustainable Finance Principles in 2014.
source: IFC
Kh.Aminaa

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Mongolia ranked 70th on Fraser Institute's Investment Attractiveness Index www.gogo.mn

Mongolia was ranked 70th among 91 countries assessed for Fraser Institute's 2017 Investment Attractiveness Index.

The index is conducted by Fraser Institute each year with the inclusion of an annual survey of mining companies. Mongolia was ranked 101st out of 104 countries in 2016.

Fraser noted that Mongolia's higher ranking on the index was influenced by the enhancement of the nation's professional workforce and other factors.

The institute also pointed out that the status of some regulations, the legislative environment, and political instability have had a negative impact on foreign investment.

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Gold purchase of Mongol Bank decreases www.news.mn

During February, the Central Bank of Mongolia purchased 390 kg gold; a decrease of 47.4 percent on the same period in 2017. Last February, 741 kg gold was sold to the bank.

In February, gold price stood at MNT 102,833.87 on average per gram, this is considered a low rate on the London Metal Exchange. The decrease in gold purchase is linked to the low prices and gold mining output.

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Air pollution in Mongolia exceeds 133 times the level WHO recommends as safe www.akipress.com

As of 30 January 2018, the level of PM2.5 pollution in Ulaanbaatar reached 3,320 micrograms per cubic meter or 133 times the level WHO recommends as safe, Gogo news agency reported.

The most important source of air pollution comes from coal-burning stoves in the “ger” districts (informal settlements) during the cold season. Rapid urbanization continues to cause a problem of unplanned settlements and increased air, water and soil pollution.

Unless concrete efforts are made address this situation, exposures will increase in the coming years with significant health consequences for the city`s population, especially for children.

Children are the most vulnerable to adverse health effects of air pollution from the day they are conceived.

Pregnant women`s exposure to air pollution can affect growing baby`s lungs and respiratory system causing pre-term birth and spontaneous abortion.

In Mongolia, a 3.5-fold increase in fetal deaths have been documented between winter and summer. Air pollution is also inked with diseases that can be highly damaging for children, such as bronchitis and asthma, causing children to miss school and other important learning and development opportunities.

Toxic chemicals in the air harm unborn baby`s brain development and contribute to behavioral and cognitive problems later in childhood, evidence suggests.

According to UNICEF in last 10 years, incidents of respiratory diseases in Ulaanbaatar alarmingly increased including a 2.7-fold increase in a respiratory infections per 10,000 population.

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U.S. to overtake Russia as top oil producer by 2019 at latest: IEA www.reuters.com

TOKYO (Reuters) - The United States will overtake Russia as the world’s biggest oil producer by 2019 at the latest, the International Energy Agency (IEA) said on Tuesday, as the country’s shale oil boom continues to upend global markets.

IEA Executive Director Fatih Birol said at an event in Tokyo the United States would overtake Russia as the biggest crude oil producer “definitely next year”, if not this year.

“U.S. shale growth is very strong, the pace is very strong ... The United States will become the No.1 oil producer sometime very soon,” he told Reuters separately.

U.S. crude oil output C-OUT-T-EIA rose above 10 million barrels per day (bpd) late last year for the first time since the 1970s, overtaking top oil exporter Saudi Arabia PRODN-SA.

The U.S. Energy Information Administration said early this month that U.S. output would exceed 11 million bpd by late 2018. That would take it past top producer Russia, which pumps just below that mark C-RU-OUT.

Birol said he did not see U.S. oil production peaking before 2020, and that he did not expect a decline in the next four to five years.

The soaring U.S. production is upending global oil markets, coming at a time when other major producers - including Russia and members of the Middle East-dominated Organization of the Petroleum Exporting Countries (OPEC) - have been withholding output to prop up prices LCOc1.

U.S. oil is also increasingly being exported, including to the world’s biggest and fastest growing markets in Asia, eating away at OPEC and Russian market share.

Meanwhile, U.S. net imports of crude oil USOICI=ECI fell last week by 1.6 million bpd to 4.98 million bpd, the lowest level since the EIA started recording the data in 2001, reflecting further erosion in a market OPEC has been relying on for decades.

Birol said production growth was not just strong in the United States.

“Canada, especially the oil sands, and Brazilian offshore projects. These are the two major (non-U.S.) drivers,” he said.

On the demand side, Birol said the IEA expected growth of around 1.4 million bpd in 2018.

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Mongolia-Japan to expand relations further www.montsame.mn

During his four-day visit to Japan, Tsogtbaatar Damdin, Foreign Minister of Mongolia, held an official talks with his counterpart Taro Kono and met with Chairman of Japan-Mongolia Parliamentary Friendship League Motoo Hayashi, Minister of Economy, Trade and Industry Hiroshige Seko, Minister of Health, Labour and Welfare Katzunobu Kato and Minister in charge of the Tokyo Olympic and Paralympic Games Shunichi Suzuki, respectively. He then held audience with the heads of the Japan International Cooperation Agency (JICA), Japan Bank for International Cooperation (JBIC) and Japan External Trade Organization (JETRO), Japan Chamber of Commerce and Industry (JCCI), and exchanged views on bilateral ties and cooperation.

During the official talks, the Foreign Minister of Mongolia confirmed that Mongolia prioritize the development of relations with Japan as a third neighbor and close strategic partner that shares values in respecting democracy, human rights and freedom. Sides then held discussions on implementing Mid-term Strategic Partnership Program (2017-2021) and Economic Partnership Agreement, and deepening Mongolia-Japan relations in wide range of sectors such as politics, defense, economy, trade, culture, education and etc.

Mongolian side expressed gratitude towards the Japanese Government and people for rendering generous support and assistance to the country in strengthening democracy and structuring market economy system. In the framework of International Monetary Fund’s program and Japan’s Official Development Assistance (ODA), the Japanese Government has been providing several important aids.

Starting from the coming spring, Mr Tara Kono has informed that Japan will workout a Masterplan on developing VAT included productions in Mongolia’s agricultural sector. Mr Tsogtbaatar Damdin made a request on implementing the third step of the Two-Step Loan Project for SMEs and Environmental Protection that was implemented with the soft loan of the Japanese Government.

The sides confirmed that they will implement the Memorandum of Interministerial Program on Apprentices that was signed between the labour ministers.

The memorandum is considered vital for Mongolia’s sustainable socio-economic developments.

Mr Tsogtbaatar also noted that it is important to create conditions for visa-free travel between the two countries. The sides agreed to create consultative mechanisms between the consulates of the foreign ministries on easing citizens’ travel conditions and protecting their interests.

The Minister noted that Mongolia-Japan relations had been strengthening not only in the bilateral frames, but also in the regional and international levels, and agreed to strengthen firmly in this aspect as a strategic partner.

Oyunbayar.N

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Moscow hosts 11th Mongolia-Russia Intergovernmental Commission meeting www.akipress.com

AKIPRESS.COM - The 11th Mongolia-Russia Intergovernmental Commission meeting will take place in Moscow on February 26-28.

The regular meeting of the Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation will be led by Mongolian Deputy Prime Minister U.Enkhtuvshin and Russian Minister of Natural Resources and Environment Sergey Donskoy, Montsame news agency reported.

The 11th meeting will review the implementation of the protocol of the 10th meeting and address bilateral cooperation on construction of a power plant at Eg River, border region development, road and transport, energy, environment and agriculture sectors.

Moreover, the Sub-Commission on Regional and Cross Border Cooperation will meet to discuss the implementation of the Mongolia-Russia-China Economic Corridor program and bilateral cross border cooperation.

The Sub-Commission meeting will be led by Deputy Minister of Foreign Affairs B.Battsetseg from Mongolian side and Deputy Minister of Economic Development Alexey Gruzdev.

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Nuncio Named for South Korea and Mongolia www.zenit.com

Pope Francis on February 26, 2018, appointed Rev. Msgr. Alfred Xuereb, prelate secretary general of the Secretariat for Economic Affairs, as apostolic nuncio in South Korea and in Mongolia, assigning him the titular see of Amantea, with the dignity of archbishop.

Archbishop Alfred Xuereb

Archbishop Alfred Xuereb was born in Gozo, Malta on October 14, 1958.

He was ordained a priest on May 26, 1984, and incarnated in Gozo.

After obtaining a degree in theology he began his administrative service at the Secretariat of the Rector of the Pontifical Lateran University in September 1991.

He was transferred to the General Affairs Section of the Secretariat of State on 1 September 1995; to the Prefecture of the Papal Household in November 2000 and to the General Affairs Section of the Secretariat of State (the Special Secretariat of Benedict XVI) on September 11, 2007 and to the Special Secretariat of Pope Francis on March 15, 2013.

He was appointed as delegate for the Pontifical Commission for Reference on the Institute for the Works of Religion and for the Pontifical Commission for study and guidance on the organization of the economic-administrative structure of the Holy See on 28 November 2013.

He was appointed as prelate secretary general of the Secretariat for Economic Affairs on March 3, 2014.

He knows Italian, English, German, Portuguese and French.

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