1 FOREIGN RELATIONS OF MONGOLIA’S ROAD TRANSPORT SECTOR BROADENING WWW.MONTSAME.MN PUBLISHED:2019/02/21      2 MONGOLIA EXPRESSES READINESS TO CONTRIBUTE TO STRENGTHENING ASIA-EUROPE COOPERATION WWW.MONTSAME.MN PUBLISHED:2019/02/21      3 OYU TOLGOI FUNDED 35.1 KM ROAD OPENS IN KHANBOGD WWW.GOGO.MN PUBLISHED:2019/02/21      4 POLYMER BITUMEN TO BE DOMESTICALLY PRODUCED WWW.MONTSAME.MN PUBLISHED:2019/02/21      5 KHURELBAATAR CHIMED: 319 ENTITIES DREW LOANS FROM TWO FUNDS WWW.ZGM.MN PUBLISHED:2019/02/21      6 CONSTRUCTION OF TAVANTOLGOI-GASHUUNSUKHAIT ROAD TO BE INTENSIFIED WWW.MONTSAME.MN PUBLISHED:2019/02/20      7 OVER 30 MEASURES PLANNED FOR REDUCTION OF ENVIRONMENTAL POLLUTION WWW.MONTSAME.MN PUBLISHED:2019/02/20      8 MONGOLIA SAYS IT EARNS OVER 169 MLN USD FROM COAL EXPORTS TO CHINA IN JAN WWW.HELLENICSHIPPINGNEWS.COM  PUBLISHED:2019/02/20      9 RUSSIA’S GAZPROM TO START CHINA GAS PIPELINE BY DECEMBER 1 WWW.RT.COM PUBLISHED:2019/02/20      10 MONGOLIA'S FOREIGN TRADE UP 41.6 PCT IN JAN. WWW.XINHUANET.COM PUBLISHED:2019/02/20      УГСАРМАЛ ОРОН СУУЦНЫ ДУЛААЛГАД ЗОРИУЛЖ 12.7 ТЭРБУМ ТӨГРӨГИЙГ УЛСЫН ТӨСВӨӨС ГАРГАХААР БОЛЖЭЭ WWW.IKON.MN НИЙТЭЛСЭН:2019/02/21     2018ОНД ЦАГААН БУДАА , ЭЛСЭН ЧИХЭР , ТАХИАНЫ МАХНЫ ИМПОРТ 24-32 ХУВИАР ӨСЖЭЭ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/02/21     ДЦС IV: 2018 ОНД НИЙТ АШИГ 4.7 ДАХИН ӨСӨЖ , 4.48 ТЭРБУМ ТӨГРӨГ БОЛСОН WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/02/21     ТУСГАЙ САНГУУДААС ГАРГАСАН ЗЭЭЛИЙН 100 ОРЧИМ ТЭРБУМ ТӨГРӨГ ХУГАЦАА ХЭТЭРСЭН ӨР БОЛЖЭЭ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/02/21     МОНГОЛ УЛСЫН БОРЛУУЛАЛТЫН МЕНЕЖЕРҮҮДИЙН ИНДЕКС СҮҮЛИЙН 12 САРД АНХ УДАА УНАЛТЫН БҮСЭД ШИЛЖИВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2019/02/21     2018 ОНД ХАМГИЙН ЧИНЭЭЛЭГ БҮЛГИЙН ХЭРЭГЛЭЭ ЯДУУ БҮЛГИЙНХНЭЭС 5.1 ДАХИН ИХ БАЙВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2019/02/21     ХОВД ГОЛД ОСОЛДСОН 6 НАСТАЙ ХҮҮХДИЙН ЭРЛИЙГ ЗОГСООЛОО WWW.MONTSAME.MN НИЙТЭЛСЭН:2019/02/21     ДБНХ-НООС П.ОРХОНЫ БАРИЛДАХ ЭРХИЙГ 4 ЖИЛЭЭР ХАСАВ WWW.MONTSAME.MN  НИЙТЭЛСЭН:2019/02/21     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    

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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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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Minister of Defence pays official visit to China www.montsame.mn

Beijing /MONTSAME/ Minister of Defence of Mongolia N.Enkhbold is paying an official visit to the People’s Republic of China at the invitation of the Minister of National Defence and the State Councilor of China Wei Fenghe on May 24-29.

On May 25, Ministers of the two countries signed on a grant agreement from National Defence Ministry of China to the Ministry of Defence of Mongolia.

Later, Vice Chairman of CPC Central Military Commission Xu Qiliang received Minister N.Enkhbold and the parties stressed the successful development of bilateral cooperation in defence sector.

Defence Ministries of the two countries have been developing the bilateral cooperation over the years. In 2013, a cooperation agreement in military and technical fields was concluded between the Governments. Under this agreement, Mongolian military servants have been studying at Military Universities of China and the Ministry of National Defense of China has provided financial assistance to the Ministry of Defense of Mongolia. In 1996-2014 over 260 Mongolian military servants were educated at the universities of Beijing, Shanghai and Nanjing.

Moreover, the parties conducted multilateral military trainings in the two countries since 2009. Officials said that it has not only a good influence on friendly relations between the two countries, but also a big contribution to the regional peacekeeping and global peacebuilding operations.

B.Misheel

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Mongolia to launch IPO for 30 percent of Tavan Tolgoi project www.news.mn

The parliamentary group of Mongolian People’s Party (MPP) held a meeting concerning the Tavan Tolgoi coal mining project earlier today (28 May). The parliamentary groups hold meeting on every Monday; however, on this occasion the meeting of the group of the Mongolian Democratic Party did not take place.

Last week, the MPP group backed an idea for launching an Initial Public Offereing (IPO) for 30 percent of the Tavan Tolgoi project. Subsequently, the Cabinet has demanded detailed bill over the Tavan Tolgoi project.

Mongolian People’s party won majority of seats in parliamentary election in July, 2016 which allows the party to make decision by own. Mongolia is planning to bring back to life the long-delayed and massive Tavan Tolgoi coal project.

Located in the South Gobi desert, Tavan Tolgoi is home to the world’s largest high-quality coking coal deposit used in steelmaking, with reserves estimated in 7.5 billion tonnes. According to the Mongolian government, the country’s untapped mineral wealth is worth about USD 1.3 trillion.

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Mongolia to construct second solar power plant www.news.mn

Japan's electronics giant Sharp Corp. is to build Mongolia's second megawatt-level solar power plant in the country's northern province of Darkhan-Uul. Sharp will build the plant together with local Mongolian partner Darkhan-Selenge Electric Distribution Network LLC.

According to the office of the provincial governor, the construction of the 20 megawatts solar power plant will begin in the second half of this year. The project will be completed by the third quarter of 2019.

The project will reduce carbon emissions by around 25,000 tons and save up to 355 million liters of water annually.

Mongolia enjoys more than 250 days of sunshine a year. Meanwhile, the country's renewable capacity nearly doubled last year, reaching 155 MW, the Ministry of Energy said.

The Japanese electronics producer installed Mongolia's first large solar power plant, with a capacity of 10 MW, in the province in January 2017. The country's second wind farm, the 50 MW Tsetsii Wind Farm, also opened in October of last year.

Mongolia seeks to provide sufficient heat and electricity for its population, especially in rural areas, and renewable energy projects are seen as a possible solution.

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Rosneft signs long-term contracts for oil product supply to Mongolia www.news.mn

Russia’s Rosneft has signed several long-term contracts for the supply of gasoline and diesel fuel with 12 Mongolian importers at the St. Petersburg International Economic Forum, the company said in a statement.

'The oil products will be sold to 12 consumers, including the owners of major retail site networks such as NIK KOO, Magnay Trade KOO, Oin Birge KOO, and Sod Mongol Group by the Rosneft subsidiary Rosneft-Mongolia KOO on a take or pay basis,' the statement says, adding that the total value of these contracts is USD 2.1 bln.

Rosneft supplies gasoline, diesel fuel, jet fuel, fuel oil, bituminous materials and liquefied petroleum gases to Mongolia. Contracts signed in 2014 allowed Rosneft to increase its presence in the Mongolian market to 80%.(Tass)

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Import of heavy trucks to Mongolia increases www.news.mn

Mongolia is a country that imports a significant number of vehicles every year. As coal exports continue to increase, so too does the demand for heavy trucks; in the first four months of this year, the country imported 5,582 vehicles. This figure is 2.2 times higher than in the same period of 2017. The cost of the trucks import is USD 84.4 million - this being 2.8 times up on the previous year. This clearly is indicative of the robust growth mainly to mining activities and economic expansion. Mongolia hosts 10% of the world's known coal reserves.

About 63 percent of the trucks were imported from China, 10.7 percent from Japan, and 7 percent from South Korea. The mining industry accounts for about a quarter of Mongolia's GDP and more than 90 percent of its exports.

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