1 CONSTRUCTION OF TAVANTOLGOI-GASHUUNSUKHAIT ROAD TO BE INTENSIFIED WWW.MONTSAME.MN PUBLISHED:2019/02/20      2 OVER 30 MEASURES PLANNED FOR REDUCTION OF ENVIRONMENTAL POLLUTION WWW.MONTSAME.MN PUBLISHED:2019/02/20      3 MONGOLIA SAYS IT EARNS OVER 169 MLN USD FROM COAL EXPORTS TO CHINA IN JAN WWW.HELLENICSHIPPINGNEWS.COM  PUBLISHED:2019/02/20      4 RUSSIA’S GAZPROM TO START CHINA GAS PIPELINE BY DECEMBER 1 WWW.RT.COM PUBLISHED:2019/02/20      5 MONGOLIA'S FOREIGN TRADE UP 41.6 PCT IN JAN. WWW.XINHUANET.COM PUBLISHED:2019/02/20      6 EIGHT COMPANIES ANNOUNCE TO DISBURSE DIVIDENDS SO FAR WWW.ZGM.MN PUBLISHED:2019/02/20      7 MONGOLIA'S PROSTITUTION ZONES, WHERE WOMEN TRADE SEX FOR FUEL IN SUB-ZERO TEMPERATURES WWW.TELEGRAPH.CO.UK PUBLISHED:2019/02/20      8 MONGOLIA TO SUSPEND KFC OUTLETS FOR INQUIRY AFTER FOOD POISONING REPORTS WWW.CNBC.COM PUBLISHED:2019/02/20      9 MIAT TO FLY BETWEEN ULAANBAATAR AND GUANGZHOU WWW.NEWS.MN PUBLISHED:2019/02/20      10 NEW BOOK ABOUT MONGOL EMPIRE’S IMPACT ON ISLAM WWW.NEWS.MN PUBLISHED:2019/02/20      УУХҮЯ: II САРЫН БАЙДЛААР НИЙТ НУТАГ ДЭВСГЭРИЙН 5.6 ХУВЬД АШИГТ МАЛТМАЛЫН ЛИЦЕНЗ ОЛГОСОН WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/02/20     300 ОРТОЙ ТӨРӨХ ЭМНЭЛГИЙН БАРИЛГЫН АЖИЛ 80%-Д ХҮРЧ ГУРАВДУГААР САРЫН 1-НЭЭС ДУЛААНД ХОЛБОГДОХООР БОЛЖЭЭ WWW.IKON.MN НИЙТЭЛСЭН:2019/02/20     II/19-НИЙ ДОТОР 24 ХК НОГДОЛ АШИГ ОЛГОХТОЙ ХОЛБООТОЙ ШИЙДВЭРЭЭ ГАРГАЖ , СЗХ-НД ХҮРГҮҮЛСЭН БАЙНА WWWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/02/20     ӨНГӨРСӨН САРД 23.9 МЯНГАН ЖУУЛЧИН ХҮЛЭЭН АВЧЭЭ WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/02/20     ЭРЧИМ ХҮЧНИЙ ИМПОРТ БУУРЧЭЭ WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/02/20     ТАТВАР ТӨЛДӨГ 191 МЯНГАН ААН-Н 95.9 ХУВЬ НЬ БИЧИЛ БИЗНЕС ЭРХЭЛДЭГ WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/02/20     НИЙТ НУТГИЙН 70 ОРЧИМ ХУВЬ НЬ ЦАСТАЙ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2019/02/20     ХАНБОГД-ОЮУТОЛГОЙГ ХОЛБОСОН ЗАМЫН НЭЭЛТ БОЛЛОО WWW.GOGO.MN НИЙТЭЛСЭН:2019/02/20     ЗГҮЦ-ЫН АНХДАГЧ ЗАХ ЗЭЭЛИЙН АРИЛЖАА МХБ-ИЙН ҮЙЛ АЖИЛЛАГААНЫ ОРЛОГО БУУРЧЭЭ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/02/19     “TEMASEK HOLDINGS” КОМПАНИ “TRQ” ДЭХ ЭЗЭМШЛИЙН ХУВИА 28 ХУВИАР БУУРУУЛАВ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/02/19    

Events

Name organizer Where
“Doing business with Mongolia”, “UK Investors show” бизнес хөтөлбөр March 27-April 02. 2019 ЛОНДОН ХОТ, ИХ БРИТАНИ Mongolian Business Database London UK
SYMPOSIUM ON GLOBAL MARKETS Nationalism and Protectionism: The United States in the International Arena June 17-18, 2019 The Center for American and International Law Plano, Texas, USA The Center for American and International Law (CAILAW) Plano Texas June 17-18 2019
"Open to Export" ICC WTO International business award ICC WTO London

NEWS

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Prime Minister to sign MCC Compact in June www.montsame.mn

Ulaanbaatar /MONTSAME/ Foreign Affairs Minister D.Tsogtbaatar gave briefing on outcomes of his visit to the US on May 28.

During his visit on May 18-22, Minister D.Tsogtbaatar discussed the Presidental and Prime Minister’s official visits to the US. The parties planned the Prime Minister U.Khurelsukh’s visit in late June and PM is scheduled to sign on the Second Compact with the Millenum Challenge Corporation during the visit as the compact negotiation has been concluded.

Additionally during the Foreign Affairs Minister's visit, the parties held discussions on developing the bilateral relations and reaching it to the Extensive and Comprehensive Partnership level.

The parties also discussed further expansion of trade and economic relations, exports of wool, cashmere and cotton goods, enhancing introduction of new US technologies to the agricultural sector of Mongolia and giving support for the energy security. Moreover, importance of cooperation in education was emphasized, requesting US to provide support in having native English speaking teachers in all high schools in Mongolia. The US side responded that they will consider the issue.
B.Misheel

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S.Oyun appointed as GCF Director of External Affairs www.greenclimate.fund

Ulaanbaatar /MONTSAME/ Dr Oyun Sanjaasuren has been appointed by the Green Climate Fund as its Director of External Affairs, effective from July 9, 2018.

Dr Oyun served as the first President of the United Nations Environment Assembly and is currently Chair of the Global Water Partnership. She also served both as Minister of Foreign Affairs and Minister of Environment and Green Development in Mongolia.

In her new role, Dr Oyun will lead GCF’s external relations, supporting Executive Director Howard Bamsey as GCF prepares to enter its first replenishment period.

In 2014, Dr Oyun was elected to be the first President of the United Nations Environment Assembly, the governing body of UN Environment. During her tenure, she has promoted environmental cooperation at a variety of international events on issues relating to sustainable development, climate change and water security. Since 2016 she has also served as Chair of the Global Water Partnership, a network designed to improve water management by working with over 3,000 institutional partners in more than 180 countries.

Before leaving Mongolian politics in 2016, Dr Oyun served five consecutive terms in the country’s parliament, including as Minister of Environment and Green Development (2012-2014) and Minister of Foreign Affairs (2007-2008). Under her leadership, the Ministry of Environment and Green Development became one of Mongolia’s four core ministries while the parliament approved the country’s green development strategy in 2014.

A geochemist by training, with a Ph.D in Earth Sciences from the University of Cambridge, Dr Oyun’s active public life extends beyond environmental protection to include advancing civil and social rights. Oyun is a member of advisory boards of a number of global initiatives including the Green Growth Knowledge Platform, Future Earth and International Environment Technology Centre of UNEP. She is also the founding member and the Chair of the Special Olympics Mongolia and heads the Zorig Foundation, a Mongolian NGO that advances democracy and supports youth and education.

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Mongolia needs stable institutional system and higher standards of accountability www.montsame.mn

On May 22, we had an interview with the World Bank’s Country Manager for Mongolia James Anderson on Mongolia’s economic and governance issues.

-How long have you been working in Mongolia? 
-I came as the country manager in 2014 and I have been here ever since. I was here before from 1993 to 1997, working on organizing training and workshops for high-level policymakers on the institutions of a market economy as well as research on informal sector and effects of the large privatization programs.

-You have been working in the countries of former the Soviet Union and according to your experience working in Mongolia in the mid90’s, how did our country change? 
-After I left Mongolia in 1997 I worked for 11 years in about 15 different countries of former the Soviet Union in Eastern and Central Europe and six years in Vietnam. Vietnam has been going through a gradual change during these years. The former Soviet Union countries were very similar to Mongolia as they had a big shock in early 1990’s from the collapse of the trading arrangements and movement to a new market-based system. A lot of countries were trying to make that shift from planned economy to market economy, suffering from the loss of Comecon system. The countries of Central and Eastern Europe were luckier because they had access to Europe and some of them became able to join the EU over the years. It was important for them as it set for the target and standard that they had to meet and opened even greater access to trade. That’s a key difference. But I have to admit that after being away for years the change in the country was remarkable. I was shocked by the crowd on the streets having fun last Saturday, car-free day. The last time I saw such a big crowd in Mongolia was when I was studying the informal sector at the black market in the mid90’s when times were difficult.

-How would you evaluate Mongolia’s current economic situation? 
-Mongolia faced real challenge between 2014 and 2015. The economy had difficult times when commodity prices came down through a combination of policy mistakes and bad luck. In 2016 the budget deficit was extremely high. Happily, in 2017 the economy has recovered, partially because of tough measures that were taken to stabilize the economic situation. One of the challenges of Mongolia is it’s like a small boat in the ocean and it gets moved up and down fairly easily. Mongolia really needs to keep this in mind, be cautious and build up some buffers rather than going wild on spending when the times are good. It makes it easier to deal with negative shocks if they happen.

-Besides diversification and stable legal environment as experts say, what are the other focal points? 
-Diversification is very important, but when we talk about diversification we should really focus on diversifying assets. Which means ensuring that the population is well educated, developing appropriate skills of people so that they can thrive in any sector. So rather than picking a particular sector, it has to make sure that the institutional system is stable, predictable and healthy. From long time studies, the economic historians have identified that the quality of country’s institutions is essential for its long-term success. So when we talk about diversification, it means creating that institutional environment and supporting healthy, well-educated and prepared workforce. Personally, I think Mongolia has potential in IT as it has a strong tradition of mathematics education. IT is a sector for which Mongolia would not be at a disadvantage because of geography, and of course agriculture and livestock. These sectors are huge employers. Agriculture and livestock farming has been growing, but a lot more could be done to take it to the next level, commercialize and strengthen value changes so that they could even move towards exporting.

-You worked as a government specialist in Europe; have you done any observation on Mongolia’s governance? 
-While working in the countries of former the Soviet Union and Vietnam I focused on public administration, transparency, systems of accountability, measuring and monitoring corruption. Some of my observations from those times show that when the countries went through a radical redesign of their system it opened up spaces for corruption. Also when there’s a big amount of money lying, it causes corruption. We found that natural resource focused countries often have a bigger challenge than other countries to fight the corruption. The World Bank in general works on prevention, helping our partner countries to strengthen the institutions that reduce opportunities for corruption and institutions to deal with problems as they arise. One of the things that we’re working on here is strengthening social accountability, which means building a better bridge between public service providers and citizens to deliver better quality service as needed by citizens. Strengthening accountability helps reduce the opportunities for corruption. Some of my other research focused on different aspects of public administration. In several countries as Romania, Slovakia and Kyrgyz Republic I looked at many different aspects of the information system, civil service, and budget monitoring. One striking feature was how important it is to get the oriented civil service. It’s an extremely important and very difficult area of Mongolia to reform.

B.Misheel

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135 entities taking actions for energy efficiency www.montsame.mn

Ulaanbaatar /MONTSAME/ The 6th ‘Green Technology, Energy Conservation-2018’ exhibition and consultation is taking place to expand partnership between public and private sector for introduction of green technology and innovation.

As a result of actions by the Government on green technology and innovation policy and strategy, 41 types of environmentally friendly equipment have been exempted from corporate income tax, promoting green technology. Also 15 equipment for energy saving, heat production, water saving and wastewater treatment have been exempted from customs duty starting from May, 2017, said Deputy Environment and Tourism Minister Ts.Batbayar in his opening remarks.

Emphasizing the increased number of national companies which are introducing ISO 1401 environmental management system, one of main criteria to get financial support from international banks and financial organizations, President of the Mongolian National Chamber of Commerce and Industry B.Lkhagvajav said more than 135 entities are implementing projects or taking actions on efficient energy use.

Additionally, ‘Anu Service’ Company was selected as the first entity that decreased greenhouse gas in Mongolia and has received compensation worth MNT 778 million from the Green Climate Fund and MNT 438 million from ‘Monsef’ organization.

At the exhibition, over 60 companies are introducing their technologies and products such as building insulation material made from sheep wool and electron heating or vacuum radiator.

B.Batchimeg

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Mongolia, Russia to seek free trade deal www.xinhuanet.com

ULAN BATOR, May 29 (Xinhua) -- Mongolia and Russia have agreed to work toward a free trade agreement (FTA) to expand bilateral economic cooperation, Mongolia's Foreign Affairs Ministry said Tuesday.

The agreement was reached during a recent meeting between Mongolian Foreign minister Damdin Tsogtbaatar and his Russian counterpart Sergey Lavrov in Moscow.

Tsogtbaatar made an official visit to Russia on May 16-18.

The two nations have already begun joint research on an FTA outline.

Mongolia and Russia expect the free trade agreement to bolster two-way trade and investment, and deepen bilateral ties.

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Constructional works of Bayankhoshuu and Selbe sub-centers launched www.montsame.mn

Ulaanbaatar/MONTSAME/ A constructional work of infrastructure and engineering systems of Bayankhoshuu and Selbe sub-centers was launched on May 28.

Northern part of Ulaanbaatar city will be developed as Bayankhoshuu and Selbe sub-centers within ‘Ulaanbaatar Urban Services and Ger Areas Development Investment Program’ being implemented with soft loans of ADB and EIB according to the master plan to develop Ulaanbaatar until 2030.

Present at the ceremony were S.Batbold, Governor of the Capital and Mayor of Ulaanbaatar City, S.Amarsaikhan, Chairman of Citizens’s Representative Khural of Ulaanbaatar City, D.Avirmed, project coordinator, officials of the municipal administration and authorities of companies that will execute the constructional works.

In Bayankhoshuu sub-center, basic infrastructure system will cover 162 hectares; 14 meter-wide and 7.42 km-long auto roads, 2.5 km flood protection dam, 4.65 hectare greenery and landscaping, 3.2 km heat distribution pipes to be connected to central heating system, 5.05 km water distribution pipes, 8.78 km sewerage system, reservoir with capacity of 1000 cubic meters, kindergarten for 240 children as well as others.

Presently, land acquisitions are complete and constructional works of kindergarten and business incubator building are running at 10 percent.Well-developed infrastructure and services will provide jobs, housing and economic opportunities and a sustainable living environment for citizens of 7th, 8th, 10th and 28th khoroos of Songinokhairkhan district.

“Bayankhoshuu sub-center will be put into operation in 2020. Along the infrastructure construction, constructional works for social facilities are running. One of the project features is to provide jobs and promote businesses of people who involved in the project. Following this project realization, a project named ‘Affordable housing’ will be implemented based on sub-center’s heating and water supply and sewerage system,” said S.Batbold, Governor of the capital.

Regarding Selbe sub-center, it will cover 158 hectares, involving three khoroos of Chingeltei and Sukhbaatar districts. Now, there are over 3500 households living in the area. Within the project, 9.97km heat distribution system, 26.6MW thermal power plant, 6.7 km auto road, 2.4 km flood protection channel, 3.01 hectare greenery, 6.01 km water supply pipes, 9.77 km sewerage system, business incubator, kindergarten and vocational training and production center as well as others will be constructed. Moreover, possibilities for new housing projects will be created based on the infrastructure development.

Operation of the thermal power plant in the Selbe sub-center will ensure kindergartens #35 and #51, public and social service organizations and about 3700 households to be connected to heating system. In other words, it will contribute to air pollution reduction. About 3700 households and over 10 entities will no longer use stoves, which will reduce raw coal consumption by 15 thousand tons.

M.Unurzul

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Two of the world's biggest brands are now Chinese www.cnn.com

A new list of the world's most valuable brands is out, and China has claimed two of the top spots for the first time.
Alibaba has joined the top 10, alongside Chinese tech group Tencent, as well as stalwarts such as Google (GOOGL) and Apple (AAPL).

Ranked at No. 9., Jack Ma's Alibaba has seen its brand value nearly double to $113 billion as the e-commerce company has expanded further into fields such as mobile payments and cloud computing.

Shenzhen-based Tencent (TCEHY) broke into the annual BrandZ top 10 ranking in 2017 and has gone from strength to strength over the past year. It now holds fifth place -- behind Google, Apple, Amazon (AMZN) and Microsoft (MSFT) but above Facebook (FB) -- with a brand value of $179 billion, up 65% compared to last year.

Tencent specializes in online games, apps, instant messaging services and online payments. It boasts a market capitalization of $490 billion, making it worth more than America's most valuable bank, JPMorgan Chase (JPM).

Here's the list of the top 10:

Google
Apple
Amazon
Microsoft
Tencent
Facebook
Visa
McDonald's
Alibaba
AT&T

Google is the most valuable brand in the world. Alibaba and Tencent are also in the top 10 ranking.
Doreen Wang, the head of BrandZ, said the new ranking demonstrates that Tencent and Alibaba have overcome numerous China-specific hurdles to become global powerhouses.

"The challenges facing Chinese brands are by no means small," she said. "Limited brand awareness in international markets, a lack of trust due to historic quality issues and a reluctance by Chinese brands to invest in impactful global advertising campaigns has put them at a disadvantage with their more established competitors."

But the rise of China and savvy young consumers has created opportunities for smart entrepreneurs, she said.

"Attitudes are changing, particularly among younger consumers who are falling in love with Chinese brands," she said. "While penetration into US markets may still be at a preliminary stage for both brands, other regions are embracing them."

Alibaba is gaining ground in Brazil, Chile and other Latin American countries, where its online marketplace AliExpress "is rapidly becoming the leading e-commerce platform," said Wang. It also has a strong presence in countries such as Israel, Spain and South Korea.

Tencent has been gaining greater recognition in south Asian markets such as Thailand and Singapore, she said.

The BrandZ ranking is published annually by WPP (WPPGF) and Kantar Millward Brown. Google has been at the top of the ranking for eight of the past 12 years. Its brand is currently valued at $302 billion, up 23% from last year.

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China, Mongolia vow to enhance military cooperation www.eng.mod.gov.cn

BEIJING, May 28 (ChinaMil) -- Chinese State Councilor and Defense Minister General Wei Fenghe held talks with visiting Defense Minister of Mongolia Enkhbold in Beijing last Friday.

Gen. Wei said China and Mongolia are friendly neighbors, China upholds the peaceful foreign policy and practises the diplomatic concept featuring affinity, sincerity, mutual benefit and inclusiveness in its relations with neighboring countries, and is willing to work with Mongolia to promote the comprehensive strategic partnership between the two countries.

The armed forces of China is also willing to strengthen pragmatic cooperation with the armed forces of Mongolia in areas of personnel training, joint drilling, international peacekeeping operations, anti-terrorism efforts and border control, so as to push the mil-to-mil relations to a new level, the Chinese defense chief said.

Enkhbold said Mongolia firmly upholds the one-China policy, supports the Belt and Road Initiative, and is willing to work with China to deepen pragmatic cooperation in all areas between the two countries and their militaries.

The two sides exchanged views on international and regional security situations.

Before their meeting, Wei held a welcome ceremony for Enkhbold and accompanied him to review the Guard of Honor of the Chinese People's Liberation Army (PLA).

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Press release on trilateral consultations between Russia, China and Mongolia at the level of deputy foreign ministers www.mid.ru

On May 28 in Beijing, another round of trilateral consultations involving Russian Deputy Foreign Minister Igor Morgulov, Chinese Assistant Minister of Foreign Affairs Zhang Hanhui and Mongolian Deputy Minister of Foreign Affairs Battsetseg Batmunkh.

The parties exchanged opinions on improving trilateral cooperation in various areas, the progress in implementing the roadmap of cooperation development and the Programme for building the Russia−Mongolia−China economic corridor.

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Chelsea owner Roman Abramovich 'eligible to be Israeli citizen' www.bbc.com

The Russian-Jewish billionaire owner of Chelsea football club, Roman Abramovich, has flown to Tel Aviv after being found eligible for Israeli citizenship.

Immigration officials told the BBC that he was interviewed last week at the Israeli embassy in Moscow. He has faced delays in renewing his UK visa.

His spokesman would not comment on reports citizenship had been granted.

Mr Abramovich, 51, would be the richest person in Israel.

His UK investor visa reportedly expired some weeks ago but the British government has refused to comment on his individual case.

The delay in issuing him a new one comes amid increased diplomatic tensions between London and Moscow after the poisoning of former Russian spy Sergei Skripal in southern England.

Israeli media reports say he has been given an identity card in Israel under the Law of Return, which allows Jews to become citizens of Israel.

The Times of Israel said the interior ministry had confirmed Mr Abramovich arrived in Israel on Monday and that he had emigrated to the country.

He is a frequent visitor to Israel and bought a hotel in Tel Aviv in 2015 that reports say he has turned into a residence.

Israel passport holders are allowed to enter Britain without a visa for short stays.

Mr Abramovich is worth $11.5bn (£8.6bn), according to Forbes magazine. The move could pay off financially as new Israeli citizens are exempt from paying tax on foreign income for 10 years.

One of Russia's richest people, he bought Chelsea FC in 2003
He reportedly sold dolls before making his fortune in oil in the 1990s after the collapse of the former Soviet Union
Mr Abramovich was a one-time business partner of the late tycoon Boris Berezovky, an associate of former Russian President Boris Yeltsin
Critics say the two businessmen used their Kremlin "family" ties to acquire key state companies for below market value
Mr Abramovich served as governor of Russia's Chukotka region
He is believed to be close to current Russian President Vladimir Putin

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