1 MONGOLIA-CHINA AGREE TO COLLABORATE IN INCREASING MEAT EXPORT WWW.MONTSAME.MN PUBLISHED:2018/09/21      2 U.S. AND MONGOLIA SEEK TO STRENGTHEN ECONOMIC RELATIONSHIP WWW.STRTRADE.COM PUBLISHED:2018/09/21      3 MONGOLIA, U.S. LEADERS DISCUSS BILATERAL TIES WWW.XINHUANET.COM PUBLISHED:2018/09/21      4 BELT AND ROAD SIGNIFICANT TO MONGOLIA, PEOPLE AROUND WORLD -- ACADEMIC WWW.ENG.YIDAIYILU.GOV.CN PUBLISHED:2018/09/21      5 PETRO MATAD UPDATES MONGOLIA EXPLORATION WWW.OGJ.COM PUBLISHED:2018/09/21      6 RIO TINTO’S EXIT FROM COAL PAYS OFF, TO RETURN $3.2B FROM SALES PROCEEDS TO SHAREHOLDERS WWW.MINING.COM PUBLISHED:2018/09/21      7 OPENING CEREMONY OF SAINSHAND SALKHIN PARK HELD WWW.MONTSAME.MN PUBLISHED:2018/09/21      8 ALIBABA’S MA SAYS TRUMP’S TRADE WAR ‘DESTROYED’ HIS PROMISE TO CREATE JOBS FOR 1MN AMERICANS WWW.RT.COM  PUBLISHED:2018/09/21      9 LEGAL DISPUTE OVER EMC OWNERSHIP COMES TO AN END WWW.ZGM.MN PUBLISHED:2018/09/20      10 ERDENES TAVAN TOLGOI REVENUE SURGES DUE TO HIGHER COAL PRICES WWW.NEWS.MN PUBLISHED:2018/09/20      НУРАХ ДӨХСӨН БАЙРУУДЫГ ШИНЭЧЛЭХ КОМПАНИ ОЛДОХГҮЙ БАЙНА WWW.ZGM.MN НИЙТЭЛСЭН:2018/09/21     МОНГОЛ УЛС ВАШИНГТОН, ПЁНЬЯНЫ ХЭЛЭЛЦЭЭРТ ЗУУЧЛАХАД БЭЛЭН ГЭДГЭЭ ЗАРЛАЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2018/09/21     УЛСЫН ХЭМЖЭЭНД 85.3 МЯНГАН ТОНН ТӨМС ХУРААН АВААД БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/09/21     ЗГ: БУЦАЛТГҮЙ ТУСЛАМЖИЙГ УСНЫ НӨӨЦИЙГ САЙЖРУУЛАХ, ХЭРЭГЛЭСЭН УСЫГ БУЦААН АШИГЛАХАД ЗАРЦУУЛНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/09/21     ҮСХ: УЛААНБААТАРТ АЖИЛЛАГЧДЫН САРЫН ДУНДАЖ ЦАЛИН УЛСЫН ДУНДЖААС 121.7 МЯНГАН ТӨГРӨГӨӨР ИХ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/09/21     МОНГОЛ УЛСЫН ИХ ХУРАЛ, ЕВРОПЫН ПАРЛАМЕНТ ХООРОНДЫН XII УУЛЗАЛТААР ХАМТАРСАН МЭДЭГДЭЛ ГАРГАЛАА WWW.DNN.MN НИЙТЭЛСЭН:2018/09/21     ТӨРИЙН АЛБАНЫ УДИРДАХ АЖИЛТНЫ УЛСЫН ЗӨВЛӨГӨӨН БОЛЖ БАЙНА WWW.UNUUDUR.MN НИЙТЭЛСЭН:2018/09/21     2019 ОНЫГ МОНГОЛ, АМЕРИКИЙН ЗАЛУУЧУУДЫН ЖИЛ БОЛГОНО WWW.EAGLE.MN НИЙТЭЛСЭН:2018/09/21     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    

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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MCC board reselects Mongolia to continue developing a compact www.montsame.mn

Ulaanbaatar/MONTSAME/ At its quarterly meeting on December 19, the U.S. Government’s Millennium Challenge Corporation (MCC) Board of Directors reselected Mongolia, Burkina Faso, Senegal, Sri Lanka, and Tunisia, enabling the development of compacts in those countries to continue.

It also selected Timor-Leste for a compact– MCC’s five-year grant program designed to spur economic growth and reduce poverty and selected the Gambia for a threshold program – MCC’s smaller grant program focused on policy and institutional reform.

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Southern Mongolia: SMHRIC Announces Release of Book Commemorating Genocide Against Mongolian People www.unpo.org

Commemorating the Human Rights Day on December 10, 2017, the Southern Mongolian Human Rights Information Center (SMHRIC) announced the release of the Genocide on the Mongolian Steppe: First-hand Accounts of Genocide in Southern Mongolia during the Chinese Cultural Revolution (Volume I) (published by Xlibris), a book translated by SMHRIC Director Enghebatu Togochog from Japanese to English.

Both Enghebatu Togochog and Professor Yang Haiying, author of the original book entitled BOHYO NAKI SOGEN in Japanese, believe that the genocide of the Mongolian people during China’s Cultural Revolution was a crime against humanity that has remained largely hidden from the view of history.

“This book is dedicated to the memory of tens of thousands of innocent Mongolians who lost their lives in a massive genocide carried out in the Chinese-occupied Southern Mongolia 50 years ago,” Togochog noted in the “Translator’s Acknowledgment” of the book.

In 1967, two decades after its successful annexation of Southern Mongolia, the Chinese Communist regime launched a carefully-planned campaign of genocide against the entire Mongolian population in Southern Mongolia. It was known as the “Purge of Members of the National Separatist Organization Southern Mongolian People’s Revolutionary Party”. According to Chinese official statistics, 346,000 Mongolians were persecuted as national separatists and anti-revolutionaries, and 27,900 were killed. The Mongolians widely believe the actual numbers of the victims are much higher than the Chinese official figures. 

“In an extravagant display of power, wealth and military resolve, the Chinese regime celebrated 70 years of colonial occupation of Southern Mongolia this year,” Togochog states in the acknowledgement, “the exuberance is starkly juxtaposed with the reality of Southern Mongolia, that an independent nation can be reduced to an ‘ethnic group’, a vast and beautiful territory can be turned into a mining pit, and a vibrant culture can be trivialized to a window display within a matter of a few decades.”

“Yet, what the Chinese did not count on is that a nation of six million strong with a fresh memory of historical sovereignty and an uncompromising national identity cannot be easily wiped out,” Togochog continues, “this means resilience and resistance are a permanent pair that makes the ‘Chinese dream’ not so pleasant.”

Highlighting the strengthening resistance movements including the rural herders’ uprisings, Mongolian intellectual’s demand for their legal rights, and the tireless struggle of courageous dissidents like Hada, Xinna, Huuchinhuu and others who dedicated their lives to the cause of freedom of Southern Mongolia, Togochog writes in the acknowledgment that “thus, this book honors these brave Mongolian men and women who have willingly sacrificed their life and liberty to keep the spirit of self-determination and the aspiration for freedom alive during these most difficult times.”

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IMF says Mongolia economy is recovering, showing 'durable' growth www.reuters.com

ULAANBAATAR, Dec 20 (Reuters) - Mongolia’s economy is outpacing growth expectations this year despite budget cuts as the coal trade has been strong even as exports slowed in the second half, an International Monetary Fund official said.

Growth has proved “more durable than anticipated”, IMF Resident Representative Neil Saker told Reuters.

In 2016, Mongolia was hit by an economic crisis due to government overspending and declining revenue from commodity exports. Saker said the country is now headed toward recovery.

The IMF has raised its 2017 growth projection for Mongolia to 3.3 percent from 2.0 percent.

The Fund has dispersed $79.1 million from a $5.5 billion bailout fund to relieve the Northeast Asian country’s debt burden and stabilise the local currency.

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Mongolia to become leader of global cashmere industry? www.news.mn

Earlier today (19 December), the Mongolian Agricultural Commodity Exchange for the first time, organised forward trading of cashmere. Two companies,Mongolia Cashmere World and Khatant International have signed agreements to purchase a total of 11 tonnes of the luxury fibre.

Mongolia produces a third of the global supply, and cashmere makes up 40 percent of the country's non-mineral exports. The country trades MNT 700-800 billion of cashmere annually. Mongolia processes only 15 percent of cashmere domestically; the remaining 85 percent is exported. The primary global destination of processed cashmere is Italy.

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Growth of Mongolia’s defense cooperation www.theubpost.mn

The Soviet Union military left Mongolia in the early 1990s and after the collapse of Socialism, Mongolia’s military sector experienced its “worst point” as the country cut defense spending during its challenging economic times.

Since the beginning of the 2000s, Mongolia started participating in peacekeeping missions throughout the world — in Iraq, Afghanistan, Kosovo, Sierra Leone and South Sudan – and its defense cooperation and military activities improved. The current active defense cooperation has become a key way for the country to increase foreign investment at home and strengthen relations and cooperation between Mongolia and developed countries.

Today Mongolia has established agreements of defense cooperation with 32 countries, and the country is actively cooperating with 16 countries in defense, and can obtain military techniques and weapons from five countries under defense cooperation agreements. Military attaches from Mongolia are serving in five countries, and military attaches from Russia, China, the USA, South Korea, Turkey and Japan are currently working in Mongolia. Mongolian students and officers are studying in China, Russia, the USA, Germany, Turkey, India and France under scholarships, non-refundable aid and other programs.

Mongolia and Russia have a historic friendly defense relationship, and every year, around 50 students and officers go to Russia to gain defense academic education or attend defense short and med-term training programs. Russia also provides Mongolia with military facilities, assistance and training under its non-refundable aid.The two countries host the annual joint military exercise Selenge to strengthen bilateral military cooperation, and in recent years, Mongolian defense ministers started participating in the annual Moscow conference on international security and hold annual meetings with the Russian Minister of Defense to discuss strengthening defense relations and cooperation between the two countries and broaden mutually beneficial defense cooperation.

During the 1990s, defense cooperation between China and Mongolia started strengthening, and every year, over 100 Mongolians students and officers study through a scholarship of the Chinese Ministry of Defense, and several Chinese students study at the Mongolian Defense University. High-level visits and dialogues between the defense sectors of the two countries have also dramatically increased in recent years.The defense ministries of the two countries host joint exercises on combating terrorism and natural disasters.

In 1991, an English training provided by the USA to Mongolian military officers was the first step in the development of a defense relationship between the two countries, and Mongolia’s active participation in international peacekeeping operations is making this relationship stronger. The USA has made great contributions to building required facilities to annually host the Khaan Quest military exercise in Mongolia.

As the defense ministries of South Korea and Mongolia signed a cooperation agreement in 1999 to take bilateral defense ties to a new level, defense cooperation has been developing steadily. Nearly 10 Mongolian officers go to study in South Korea every year and some experienced military officers from the Mongolian Ministry of Defense have completed two-year academic knowledge in regional and international security in South Korea. The countries have also hosted joint exercises to exchange experiences.

Defense cooperation between Mongolia and Turkey has been moving to a new level in recent years, and Turkey has agreed to upgrade Mongolian military facilities and provide training cources for military and police officers in Turkey to improve their knowledge and skills.

The Mongolian Ministry of Defense is also closely collaborating with the Japanese Defense Ministry to train Mongolian students in defense in Japan and improve the capacity of the Mongolian defense engineering sector. Japan will be implementing a program to improve the capacity of Mongolian military health sector next year and the Japanese side is reviewing a program to increase the capacity of the Mongolian air force. If Japan agrees to implement this program, it will be carried out in the years to come.

As hosting the Khaan Quest military exercise in Tavan Tolgoi military base near Ulaanbaatar every year has been significant for strengthening military cooperation between Mongolia and other countries, especially developed countries with great military capabilities, Mongolia is focusing on expanding this military exercise to include more countries.

Countries across the world, especially those playing significant roles in regional and global security, strive to improve their military capabilities and expand their military cooperation during globally challenging times to address issues such as terrorism and nuclear threats. By taking advantage of this trend, Mongolia has the opportunity to vastly strengthen its independence and security, and increase investment in the defense sector by proactively taking part in international peace keeping missions and hosting joint military exercises with its defense partners.

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Ampcontrol is proud to be providing and supporting the electrical infrastructure for the underground operation at the Rio Tinto Oyu Tolgoi mine in Mongolia austmine.com.au

Oyu Tolgoi is one of the largest undeveloped copper reserves worldwide with a series of deposits containing copper, gold and silver. An open pit has been in operation since 2012.

To reach the mines greatest value, operations are now moving underground to develop a large block-caving operation. 14km of lateral tunnels have already been constructed with 200km of tunnels at a depth of up to 1300m to be built overtime.

Ampcontrol is supplying a full range of electrical equipment to power the mine including jumbo, pump and fan starters, substations and distribution control boards. We’re also providing a range of electronic monitoring equipment including iMAC conveyor control equipment which will monitor a 10km underground conveyor network.

As the major electrical supplier we know that our products are vital to supporting Oyu Tolgoi’s safety first commitment.

“Our quality is someone else’s safety, so we take that very seriously. We do a lot of work around Australian and international standards to ensure our products are of the highest quality and to the highest safety levels” said Rod Henderson Ampcontrol CEO/MD.

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BHP says likely to quit global coal lobby group www.mining.com

MELBOURNE, Dec 19 (Reuters) – Global miner BHP Billiton said on Tuesday it had taken a preliminary decision to leave the World Coal Association (WCA) over differences on climate change and might also withdraw from the U.S. Chamber of Commerce.

BHP has largely quit mining coal for power plants but is the world's largest exporter of coal for steel-making. It will seek responses from the WCA over policy differences before making a final decision on whether to pull out in March 2018, it said.

The miner came under pressure from Australian green groups earlier this year to leave any industry associations with policies that fail to match the company's support of the 2015 Paris climate accord.

Following a review, BHP said on Tuesday it had "reached a preliminary view to exit" the WCA, as the global coal lobbying group had called for Australia to abandon a clean energy target to boost prospects for high-tech coal-fired power plants.

BHP said the association's policy conflicted with its view that energy markets should be fuel- and technology-neutral and take into account costs and benefits.

WCA Chairman Mick Buffier said the association was disappointed and did not feel the report accurately reflected the organisation's views.

"The WCA has always supported a balanced approach that integrates climate and energy policy," he said in an emailed statement. "We hope to be able to continue working with BHP on this basis in the future."

The WCA website carries a lead article entitled "A pathway to zero emissions from coal," which says clean coal technology will be needed as many countries, especially in Asia, rely on coal to drive economic growth.

BHP also plans to decide by March whether to withdraw from the U.S. Chamber of Commerce over differences on how to deal with climate change. BHP has been a member of the group, the largest U.S. business lobby, since 2011.

The chamber said it looks forward to discussing issues with BHP and that it represents a diverse membership. On curbing climate change, the group favours innovation over federal rules on emissions.

BHP also highlighted the chamber's opposition to a U.S. rule introduced in 2016 requiring resource companies to disclose all their payments to governments, as an area of difference with the company. BHP supported the rule.

The company also said it would press the Minerals Council of Australia to review its promotion of coal in Australia's energy policy and would reconsider its membership in a year's time unless changes were made.

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December 19, 2017 trading report www.mse.mn

On December 19, 2017, 204,890 shares of 27 firms listed as Tier I, II, and III were traded. 12 firms’ shares increased in price, 12 decreased and 3 firms' share unchanged. Jinst Uvs /JIV/ were the top performers, increasing 15.00 percent each, whereas BlueSky JSC /BSKY/ was the worst performer, decreasing 14.96 percent.

On the secondary market for government bonds, 23,320 bonds with a value of MNT2.2 billion were traded.

On the secondary market for block trading of government bonds, 102,496 bonds with a value of MNT10.1 million were traded.

The MSE ALL Index increased by 1.42 percent to stand at 1,162.94 points. The MSE market cap stands at MNT2,456,589,386,479.

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UPS reserves 125 Tesla semi-trucks, largest public pre-order yet www.reuters.com

DETROIT (Reuters) - United Parcel Service Inc (UPS.N) said on Tuesday it is buying 125 Tesla Inc (TSLA.O) all-electric semi-trucks, the largest known order for the big rig so far, as the package delivery company expands its fleet of alternative-fuel vehicles.

Tesla is trying to convince the trucking community it can build an affordable electric big rig with the range and cargo capacity to compete with relatively low-cost, time-tested diesel trucks. This is the largest public order of the big rig so far, Tesla said.

Tesla unveiled its semi last month and expects the truck to be in production by 2019.

The Tesla trucks will cost around $200,000 each for a total order of about $25 million. UPS expects the semi-trucks, the big rigs that haul freight along America’s highways, will have a lower total cost of ownership than conventional vehicles, which run at about $120,000.

Tesla has received pre-orders from such major companies as Walmart (WMT.N), fleet operator J.B. Hunt Transport Services Inc (JBHT.O) and food service distributor Sysco Corp (SYY.N)

Prior to UPS, the largest single pre-order came from PepsiCo Inc (PEP.N), for 100 trucks.

UPS said it has provided Tesla with data on how its trucks function on their real-world routes in order to evaluate how the vehicle should perform in its fleet.

“As with any introductory technology for our fleet, we want to make sure it’s in a position to succeed,” Scott Phillippi, UPS senior director for automotive maintenance and engineering for international operations, told Reuters.

Phillippi said the 125 trucks will allow UPS to conduct a proper test of their abilities. He said the company was still determining their routes, but the semis will “primarily be in the United States.” Tesla will provide consultation and support on charging infrastructure.

“We have high expectations and are very optimistic that this will be a good product and it will have firm support from Tesla to make it work,” Phillippi said.

The UPS alternative fuel fleet already includes trucks propelled by electricity, natural gas, propane and other non-traditional fuels.

About 260,000 semis, or heavy-duty Class-8 trucks, are produced in North America annually, according to FTR, an industry economics research firm.

Including the UPS order, Tesla has at least 410 pre-orders in hand, according to a Reuters tally.

Navistar International Corp (NAV.N) and Volkswagen AG VOWG-P.DE hope to launch a smaller, electric medium-duty truck by late 2019, while rival Daimler AG (DAIGn.DE) has delivered the first of a smaller range of electric trucks to customers in New York.

In afternoon trade on Nasdaq, Tesla shares were down nearly 1.1 percent at $335.24.

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WWE programming is coming to Mongolia www.westfaironline.com

From the leave-no-stone-unturned department: WWE has signed an agreement with the Mongolian sports broadcaster SPS HD to present the “Raw” and “SmackDown” programs for the first time in Mongolia.

WWESPS will offer the programs in English with Mongolian subtitles, with a two-hour version of “Raw” broadcast on Saturdays at 11 a.m. and “SmackDown” on Sundays at 11 a.m. The programs will also be available on SPS HD’s TV Everywhere platform for authenticated subscribers and on its 14-day VOD catchup window.

“We are thrilled to complete our first-ever broadcast deal in Mongolia,” said Michelle Wilson, chief revenue and marketing officer for the Stamford-based WWE. “This partnership to televise WWE programming allows us to expand our reach and deliver our unique blend of action-packed, family friendly entertainment to WWE fans throughout the country.”

WWE is the latest U.S. brand to gain an audience via SPS Sports, which also broadcasts content from the NBA, WNBA and UFC.

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