1 ‘ASIAN DOOR 2018’ FAIR KICKS OFF WWW.MONTSAME.MN PUBLISHED:2018/11/21      2 BEYOND BITCOIN: THE OTHER CRYPTOCURRENCIES YOU SHOULD KNOW TOO WWW.CNN.COM PUBLISHED:2018/11/21      3 ATTRACTING INVESTMENT FROM FRANCE TO AGRICULTURAL SECTOR WWW.MONTSAME.MN PUBLISHED:2018/11/21      4 MONGOLIA AND RUSSIA TO EXPAND COOPERATION IN TRANSPORT SECTOR WWW.MONTSAME.MN PUBLISHED:2018/11/21      5 NEWLY-OPENED CHINA-MONGOLIA FRIENDSHIP CULTURAL CENTER TO BOOST TIES WWW.CHINA.ORG.CN PUBLISHED:2018/11/21      6 UN APPRECIATES MONGOLIA’S CONTRIBUTIONS FOR NORTHEAST ASIA WWW.NEWS.MN PUBLISHED:2018/11/21      7 BHP OFFICIALLY DROPS 'BILLITON' FROM NAME WWW.MINING.COM PUBLISHED:2018/11/21      8 THE NOTICE: WWW.MONGOLIANBUSINESSDATABASE.COM PUBLISHED:2018/11/21      9 IRKUTSK REGION SUPPLIES USD 31 MILLION PRODUCTS TO MONGOLIA WWW.MONTSAME.MN PUBLISHED:2018/11/20      10 27 PARLIAMENT MEMBERS SUBMIT PETITION ON CABINET DISSOLUTION WWW.ZGM.MN PUBLISHED:2018/11/20      ОРОН СУУЦНЫ БАРИЛГЫН ӨРТГИЙН ИНДЕКС III УЛИРАЛД ЖИЛИЙН ДҮНГЭЭР 15 ХУВИАР ӨСЖЭЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/11/21     САЙЖРУУЛСАН ТҮЛШНИЙ БОРЛУУЛАЛТ УДААШИРЧЭЭ WWW.ZGM.MN НИЙТЭЛСЭН:2018/11/21     ЗАСГИЙН ГАЗРЫН ТОГТВОРГҮЙ БАЙДЛААС ҮҮДЭЖ “ГЭРЭГЭ” БОНДЫН ХАНШ БУУРЧЭЭ WWW.MEDEE.MN НИЙТЭЛСЭН:2018/11/21     ЭДИЙН ЗАСГИЙН ӨСӨЛТ 7.1 ХУВЬД ХҮРНЭ ГЭВ WWW.EAGLE.MN НИЙТЭЛСЭН:2018/11/21     ТӨРИЙН ҮЙЛЧИЛГЭЭ ЦАХИМД ШИЛЖЛЭЭ WWW.UNUUDUR.MN НИЙТЭЛСЭН:2018/11/21     УЛААН БУУДАЙ, ТӨМСНИЙ ДОТООДЫНХОО ХЭРЭГЦЭЭГ БҮРЭН ХАНГАНА WWW.GOGO.MN НИЙТЭЛСЭН:2018/11/21     "ГУДАМЖ" ТӨСЛИЙН 14 БАЙРШЛЫН, 50 ТЭРБУМ ТӨГРӨГИЙН БАЙГУУЛАМЖИЙГ НИЙСЛЭЛИЙН ӨМЧИД БҮРТГЭЖ АВЛАА WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/11/21     САНАМЖ: WWW.MONGOLIANBUSINESSDATABASE.COM НИЙТЭЛСЭН:2018/11/21     ЭРЧИМ ХҮЧНИЙ ИХ АЧААЛАЛ 973 МВТ-Д ХҮРЧЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2018/11/20     ЗАСГИЙН ГАЗРЫГ ОГЦРУУЛАХ БИЧИГ ӨРГӨН БАРЬСНЫ ДАРАА "ГЭРЭГЭ" БОНДЫН ХАНШ БУУРЛАА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/11/20    

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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Mongolia signs cooperation agreement with Switzerland www.news.mn

Swiss Foreign Affairs Minister Ignazio Cassis is making an official visit to Ulaanbaatar from 4-6 April at the invitation of his Mongolian counterpart D.Tsogtbaatar.

The visit is important for strengthening friendly relations between Mongolia and Switzerland, consolidating economic and trade cooperation as well as extending cultural and humanitarian sector interaction.

During the visit, the two foreign ministers held negotiations and signed cooperation agreements. In addition, the two sides discussed cooperation issues in politics, agriculture, food, science, road and transportation.

Switzerland's cooperation with Mongolia started in 2001; initially providing humanitarian aid for herders who had lost livestock in weather-related disasters. This assistance was extended in 2004, since which date the Swiss Cooperation Office has implemented projects and programmes worth over CHF 100 million in Mongolia.

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MEINHARDT Infrastructure representatives work in Ulaanbaatar www.montsame.mn

Ulaanbaatar/MONTSAME/ Minister of Road and Transportation Development J.Bat-Erdene met authorities of MEINHARDT Infrastructure Pte Ltd on April 2 in Ulaanbaatar.

At the meeting, Managing Director Er.Chan Kok Siong and Executive Director Dr.Tham Lai Leng introduced about the company’s activities and cooperation possibilities with Mongolia in road and constructional sectors.

MEINHARDT Infrastructure Pte Ltd is a subsidiary of MEINHARDT Group, and is an engineering consultancy that provides multi-disciplinary services for civil, structural, mechanical, electrical and geotechnical with various integrated engineering expertise in Singapore and offices in the region and participates in mainly infrastructure projects in areas of energy, transportation, master planning and infrastructure design. Its recent projects include The Gardens By The Bay, which is one of the three water front gardens designed and built on approximately 54 hectares of reclaimed land, The Marina Coastal Expressway which is below the Marina Bay crossing, Marina Bayfront Bridge, Biomass Cogeneration Plant, Downtown Line Singapore etc.

The authorities of the company also met with deputy Governor of the capital city P.Bayarkhuu and CEO of Mongolian Railway State-owned Shareholding Company B.Tsengel.

The sides underlined possibilities to cooperate in Ulaanbaatar city planning, road and bridge maintenance, waste management and water supply facility.

Founded in 1955, Meinhardt’s current global network includes Asia, Australia, Europe, US, Middle East and North Africa represented in 42 offices worldwide with headcount of more than 3800 professionals, projects on smart cities, ports, water and waste environmental engineering etc.

M.Unurzul

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Mongolia Hosts Eighth International Mining and Oil Expo www.plenglish.com

Ulaanbaatar, Apr 4 (Prensa Latina) Mongolia's 8th International Mining and Oil Expo opened Wednesday at Buyant-Ukhaa sports complex, an event that showcases the latest technologies in the sector and seeks new investments.

Representatives of 130 companies from 20 countries are participating in the Expo that will run until April 6. The event is considered of great importance for Ulan Bator to strengthen projects that generate value-added products and jobs, the Ministry of Mining and Heavy Industry said in a statement.

The ministry highlighted that this sector is growing rapidly followed by construction, transport and energy thanks to open cooperation with companies, the strengthening of public-private partnership and the confidence of investors in applying a policy that provides a legal stable environment.

The Mongolian mining sector makes up 90 percent of exports, 77 percent of industrial products, 22 percent of Gross Domestic Product and 64 percent of the foreign investment.

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Ambassadors with dual accreditation present credentials www.president.mn

Non-resident ambassadors of Nigeria, Spain, Iceland and Uzbekistan presented their letters of credence to the President of Mongolia, Mr. Khaltmaagiin Battulga on April 4th.

Mongolia established diplomatic ties with the Federal Republic of Nigeria on September 21st of 1971. Nigeria is the largest economy in southern Sahara.

The non-resident ambassador of Nigeria Baba Ahmad Jidda said “It has been 46 years since our two countries incepted diplomatic relations. Nigeria ranks at 1st in Africa and 6th in the world by oil production. Therefore, I think, Mongolia and Nigeria can cooperate on resource governance.”

President Battulga said Mongolia will be happy to learn practices of Nigeria which leads the world in oil exports.
Mongolia and the Kingdom of Spain established diplomatic ties on July 5th of 1977. Upon meeting the ambassador, Mr. Alberto Carnero Fernández, the President noted “When I had been working as the Minister for Agriculture, I visited your country and developed several agricultural projects in collaboration with Spanish specialists. A feasibility study was conducted on processing some 10 million pieces of hides using Spanish technologies and exporting the products,” and wished the Ambassador to attach importance to agricultural cooperation and seek opportunities to increase bilateral trade.

In response, Mr. Alberto Carnero Fernández thanked for the warm hospitality. He said “I will work actively to improve economic and commercial cooperation. I have met with several authorities on this matter. It is possible to cooperate in introducing Mongolia to Spanish technologies.”

Diplomatic ties were established with Iceland on June 4th of 1974. Within the scope of friendship and close cooperation, Iceland has been training Mongolian professionals in geothermal studies in the United Nations University (UNU) in Reykjavik, Iceland, on its own expense.

The Ambassador, Mr. Gunnar Snorri Gunnarsson said “Iceland has more than a hundred years of experience in exploiting its hotsprings, in other words, geothermal resources. It can probably be the most important aspect of cooperation between Iceland and Mongolia. Producing power using geothermal energy helped Iceland to become almost pollution-free. This is something that we can develop together.”

In response, President Battulga said “We are familiar with Iceland’s expertise in hotsprings and their management. There are about 300 hotsprings in temperatures from 40 to 98 degrees of Celsius in Mongolia. However, the management of hot springs hasn’t been developed adequately,” and wished the Ambassador to take initiative in exchanging practices and enhancing cooperation in this area.

After presenting his credentials, the Ambassador of the Republic of Uzbekistan, Mr. Bakhtiyor Saidov paid a courtesy call on the President of Mongolia, Mr. Khaltmaagiin Battulga. The Ambassador conveyed greetings of the President of Uzbekistan to the President of Mongolia, his family and the people of Mongolia. Noting that there are sufficient potential of enhancing bilateral cooperation, Mr. Saidov pledged to put maximum effort on improving cooperation. “Uzbekistan is interested in imports of processed and unprocessed meat products from Mongolia, and exports of dried fruit and other goods to Mongolia. This way, we can increased the bilateral trade turnover,” added the Ambassador.

President Battulga wished the Ambassador success in their works.

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Innovation projects to receive grants www.montsame.mn

Ulaanbaatar /MONTSAME/ The Cabinet adopted a Procedure on Innovation Grant at its April 4 meeting.

The procedure deals with the issuance of grants for projects that aim to produce innovative products and services through the introduction of new technology.

The Cabinet sees that the adoption of the procedure will help bring intellectual properties into economic circulation and advance the development of production of value-added innovative products.

The procedure states that the amount of a single grant will not exceed 40 percent of the total finance of the project and be less than MNT 60 million.

Those eligible to nominate a project include a citizen of Mongolia, all registered enterprises, businesses, scientific organizations, universities, higher education institutes and vocational training institutes.

The grant will be approved based on an assessment of experts, who will be appointed by the corresponding minister.
Kh.Amina

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Child Allowance to reach 80 percent of all children www.montsame.mn

Ulaanbaatar /MONTSAME/ The Cabinet decided to grant Child Allowance benefit to 80 percent of children aged 0-18, registered in the household database.

During its regular meeting on April 4, the Cabinet framed a draft resolution on its decision, which will be submitted to the Parliament in the near future.

According to the resolution, the fund required for distribution of the benefit starting from April 1 will be included in the 2018 Budget of the General Budget Administrator and will be allocated in the annual Budget starting from 2019.

The 80 percent coverage of the Child Allowance benefit will add 228 thousand children to the current list of benefit recipients, making the total number 860 thousand.

It has been estimated that MNT 41 billion will be needed to cover 80 percent of the registered children. The Cabinet sees that it is possible to distribute the benefit without making amend to the 2018 State Budget.
Kh.Aminaa

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Turkish Prime Minister to visit Mongolia www.news.mn

Binali Yildirim, the Prime Minister of Turkey will make an official visit to Mongolia on 6-8 April, at the invitation of his counterpart U.Khurelsukh.

During the visit, it is planned that the two prime ministers will discuss cooperation in agriculture, light industry, tourism, road and infrastructure projects.

In Ulaanbaatar, the Turkish Prime Minister is expected to met Mongolian President Kh.Battulga and M.Enkhbold, Speaker of Parliament.

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Exploration license bidding to commence this month www.gogo.mn

Open bidding for mineral exploration license grants to commence in April, according to Mineral Resources and Petroleum Agency of Mongolia. A total of 8.6 million hectares of area, approved by the resolution of the Ministry of Mining and Heavy Industry, have been discussed in each respective aimags and submitted to the Cabinet.

Open bidding will be announced on the lands approved by the selection. Within the frames of the amendments to Minerals Law of Mongolia, the exploration licenses will be granted only through biddings. Consequently, the highest bidder from companies seeking to obtain a license will be appraised from the scale of up to 45 points and their experience and ability will be evaluated from up to 55 points.

Presently, the Ministry of Mining and Heavy Industry is studying the opportunity to grant exploration licenses through application procedures, instead of bidding.

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ADB agrees $207m deal with Mongolia www.publicfinanceinternational.org

The Asian Development Bank and the government of Mongolia have signed agreements worth $207m to help improve air quality, education and inclusiveness.

The agreement comprises three loans and one grant as part of three projects in Mongolia.

Fernandez Lommen, ADB country director for the East Asian country, said the projects aligned with the ADB’s strategy for Mongolia which “supports government efforts to foster inclusive growth and ensure opportunities for all, particularly people from disadvantaged backgrounds”.

“We are ready to work closely with the government of Mongolia to improve education quality while also helping address the country’s most pressing problem, which is air pollution, to help improve people’s quality of life.”

The loan for air quality, worth $130m, will focus on various key reform areas, including strengthening the regulatory framework for reducing air pollution and greenhouse gas emissions in the country.

The second project aims to improve people’s access to quality education by narrowing the gap in the number of children going to school.

It will also support reforms in the curriculum, help train teachers, managers and local education administrators, as well as improve teaching and learning materials.

The third project will focus on early identification of children with disabilities through medical and social interventions, the bank said.

It will also improve service delivery for people with disabilities. The loan will be supported by a $2m grant from the Japan Fund for Poverty Reduction.

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Sick Perth businessman in Mongolia jail hell appeals for aid from Foreign Minister Julie Bishop www.thewest.com.au

The family of a Perth businessman facing seven years in a Mongolian jail are looking to Foreign Minister Julie Bishop to intervene as they fear he may not survive due to ill health.

Mohammed Munshi was sentenced to 11 years jail for criminal fraud last July and lost his first appeal in November. Last month he lost what may be the final appeal possible in the Mongolian justice system, but had his sentence reduced to seven years.

Munshi had been chairman of Gobi Coal, a developer of two coal mines in southern Mongolia, when authorities seized his Australian and British passports in March 2015. His family have not seen him since because they have not felt safe travelling to Mongolia.

His passports were seized a month after Gobi Coal obtained an order in a Hong Kong arbitration for a Mongolian businessman to repay a $US11.5 million loan, according to a complaint lodged with the UN Human Rights Council by Munshi’s Perth-based lawyer.

The complaint alleged the brother of the businessman who lost the arbitration instigated the action, and subsequent fraud charges, against Munshi.

Munshi’s son Arif Munshi said the Department of Foreign Affairs and Trade had told the family for three years that there was nothing they could do while the legal process was under way.

Now the legal options appear exhausted, the family see the best hope in government-to- government intervention at ministerial level to secure a pardon from the Mongolian President on health grounds.

Arif Munshi said his 57-year-old father’s health problems included lower back pain that needed an operation, severe varicose veins which put him at high risk of deep vein thrombosis and an enlarged prostate.

The family say Ms Bishop agreed to meet with them this month.

Arif Munshi said the consular assistance had been limited to monthly joint visits to his father, a dual UK-Australian national, by British and Australian embassy staff.

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