1 US-MONGOLIA 'THIRD NEIGHBOR TRADE ACT' ON THE WAY WWW.THEDIPLOMAT.COM PUBLISHED:2018/11/17      2 CHINA'S FIGHT AGAINST SMOG MAKES PALLADIUM 2018'S BEST METAL WWW.MINING.COM PUBLISHED:2018/11/17      3 MILLENNIUM CHALLENGE CORPORATION PRESENTS GMS LICENSES WWW.MONTSAME.MN PUBLISHED:2018/11/17      4 MONGOLIA CALLS FOR GLOBAL ATTENTION ON CLIMATE CHANGE WWW.NEWS.MN PUBLISHED:2018/11/17      5 ADB OPENS A NEW WASTEWATER TREATMENT PLANT IN ARVAIKHEER, MONGOLIA WWW.AGENPARL.EU PUBLISHED:2018/11/17      6 CHINA TO BOOST COOPERATION WITH INDIA, MONGOLIA: DEFENSE MINISTER WWW.GLOBALTIMES.CN PUBLISHED:2018/11/17      7 DEATH ON MONGOLIA’S ‘COAL ROAD’ WWW.NEWS.MN PUBLISHED:2018/11/17      8 MONGOLIA SHAKEN BY WIDENING LOAN SCANDAL WWW.ASIA.NIKKEI.COM PUBLISHED:2018/11/17      9 MONGOLIA’S UNEMPLOYMENT FALLS BY 2.2 PERCENT WWW.NEWS.MN PUBLISHED:2018/11/16      10 MEETING MEAT DEMAND: MONGOLIA TO TRADE 17.9 PERCENT OF LIVESTOCK WWW.NEWS.MN PUBLISHED:2018/11/16      БНСУ-ЫН АЖ АХУЙН НЭГЖҮҮДИЙН АУТСОРСИНГ ЗАХИАЛГЫГ ГҮЙЦЭТГЭХ ЗАЛУУЧУУДЫГ СОНГОН, ШАЛГАРУУЛНА WWW.UNUUDUR.MN НИЙТЭЛСЭН:2018/11/17     НҮҮРСНИЙ ЭКСПОРТ 10 ХУВИАР ӨСӨЖ, 31.3 САЯ ТОНН БОЛОВ WWW.GOGO.MN НИЙТЭЛСЭН:2018/11/17     СУДАЛГААГААР ЖДҮ ЭРХЛЭГЧИД ЗЭЭЛИЙН ХҮҮНИЙ ЗАРДАЛ ХАМГИЙН ИХ ХҮНДРЭЛ УЧРУУЛДАГ ГЭЖ ХАРИУЛЖЭЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/11/17     ERDENE RESOURCE DEVELOPMENT: ХАЙГУУЛЫН ЗАРДАЛ III УЛИРАЛД 42 ХУВИАР БУУРСАН WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/11/17     ГОРХИ, ТЭРЭЛЖИЙН БАЙГАЛИЙН БОХИРДОЛД АНХААРАЛ ХАНДУУЛЖ ЭХЛЭВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/11/17     ИРЭХ БААСАН ГАРАГТ ХОТЫН ДАРГЫГ ОГЦРУУЛАХ ЭСЭХИЙГ ХЭЛЭЛЦЭНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/11/17     “АМГАЛАН” ХОТХОНД БАЙРЛАХ ГЭРТЭЭ КАННАБИС ТАРЬЖ, УРГУУЛЖ БАЙСАН ТУРК ИРГЭНИЙГ БАРИВЧИЛЖЭЭ WWW.MEDEE.MN НИЙТЭЛСЭН:2018/11/17     ӨНӨӨДӨР АВТОМАШИНЫ ДУГААРЫН ХЯЗГААРЛАЛТ ҮЙЛЧЛЭХГҮЙ WWW.EAGLE.MN НИЙТЭЛСЭН:2018/11/17     ГАШУУНСУХАЙТЫН НҮҮРСТЭЙ МАШИНЫ ЦУВАА 120 КМ БОЛЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2018/11/16     ТАТВАРЫН ОРЛОГО 32.2 ХУВИАР ӨСӨЖ, ТӨСВИЙН ТЭНЦЭЛ 341.9 ТЭРБУМ ТӨГРӨГИЙН АШИГТАЙ ГАРЛАА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/11/16    

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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Regional Logistics Center puts into operation www.montsame.mn

A Regional Logistics Center established in Zamyn-Uud soum of Dornogobi aimag was put into operation. PM U.Khurelsukh, members of parliament, minister of Road and Transport Development and other officials attended the opening ceremony of the world standard transport and logistics center.

The logistics center has 11,6 km long railway, 1.6 km long auto road, 19 m long ferro-concrete bridge and other facilities and buildings, covers a total of 128 hectares of land. Moreover, two tower cranes with 50 tons of carrying capacity, allows to transship 620 containers a day.

Minister of Road and Transport Development Ya.Sodbaatar:

“According to our calculations, by having the logistics center built, transship capacity of transit transport of commodities, such as consumer goods and mined commodities, will increase and have a positive impact on the economy”.

The regional logistic center is expected to give an impetus to augment transit transport, raise its efficiency, improve passing capacity of the state border checkpoint and develop mixed transport system. Specifically, it will make contribution to the development of Mongolia-Russia-China Economic Corridor and improvement of commercial and trade turnover.

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Paul Akiwumi: Mongolia has potential to be the most highly developed country among landlocked countries www.montsame.mn

“Mongolia has a possibility to structurally transform the economy by developing domestic manufacturing and infrastructure alongside with preparing educated human resource”.

These are the words highlighted by Mr Paul Akiwumi, Director of Division for Africa, Least Developed Countries and Special Programmes at the UNCTAD /United Nations’ Conference on Trade and Development/. He gave a speech at the sub-regional workshop with the theme “Fostering Structural Transformation and Export Diversification in Selected Asian Landlocked Developing Countries”.

Co-organized by the International Think Tank for Landlocked Developing Countries (LLDC) and the United Nations’ Conference on Trade and Development (UNCTAD), the workshop was attended by delegates of LLDCs/ International Think Tank for Landlocked Developing Countries/ in Asia: Mongolia, Kazakhstan, Kyrgyzstan, Uzbekistan, Laos and Bhutan, experts and researchers of international organizations such as the UN Economic and Social Commission for Asia and the Pacific and the Mineral Fund to discuss ways to no longer depend on mining commodities and diversifying the economy and share experiences.

Executive Director of the International Think Tank for LLDCs E.Odbayar

“Some landlocked countries that are economically dependent on few types of mining products have yet to find a way out of the situation. But instead, some of those countries have found interesting solutions to how the economy can be further developed using the sector, what kind of funds should be established and how the income should be correctly spent and allocated, which are being discussed at the workshop”.

The 2-day-workshop will issue policy recommendations on solving challenges that the regional countries face.

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MET: We chose an option that less affects citizens’ health www.zgm.mn

Ministry of Environment and Tourism (MET) held a press conference on measures against air pollution yesterday, explaining MNT 54 billion installment of stove pipe appliances to over 100,000 households. Minister of Environment and Tourism Minister Tserenbat Namsrai addressed, “Health is our number one priority. Around 52.9 percent of citizens in Ulaanbaatar city have been diagnosed with respiratory diseases. We have to consider the value of citizens’ health. According to an independent study, medical institutions spend over MNT 10 billion on treating the respiratory diseases of children under the age of 18. Another study highlighted that children living in air polluted environment have 40 percent shorter lung capacity than those in the countryside.” “The same study suggests that 80 percent of air pollution in Ulaanbaatar city accounts for 220,000 household stove pipes and the population is increasing with each passing year,” explained Minister Tserenbat. MET estimates the installment of the appliance will drastically reduce air pollution in the capital. Although the cost is enough to construct accommodations for 900 households or finance the prepayment of 4,000 household mortgage loans, these measures will be ineffective in the short-term according to MET. “We chose an option that less affects citizens’ health,” stressed Mr. Tserenbat and added, “This was a mathematical solution to reduce air pollution. Also, we restricted the use of low-pressure stoves and reduced raw coal consumption by around 10 percent.”

HOUSEGOLD ENERGY EXPENSE TO AVERAGE MNT 22,000 WITH THE APPLIANCE

The MET spokesperson provided information on the fully supportive combustion appliance. “The appliance was created by Mongolian engineers and has been studied for 9 months straight by the working group responsible for developing the appliance. This is not a filter. This is an appliance for complete combustion of coal particles and the manufacturer will give 3-years of guarantee on their product,” informed MET spokesperson. The ministry also explained that the installment to 100,000 household is not a test and said, “We are working on installing the appliance only to a short-list of households. Monthly household energy expense will be around MNT 22,000 after installing the appliance and we will try to reduce this cost.”

• Around 52.9 percent of citizens in Ulaanbaatar city have been diagnosed with respiratory diseases.

• 80 percent of air pollution in Ulaanbaatar city accounts for 220,000 household stove pipes.

• This is not a filter. This is an appliance for complete combustion of coal particles.

S.KOREAN SOFT LOAN WILL BE FULLY SPENT ON HOUSING

Minister Tserenbat informed, “The housing policy will be implemented as a long-term solution. The public needs to understand that this measure is an advanced technology to realistically reduce air pollution in the short-term. We are cooperating with the Export-Import Bank of Korea and Mongolian Ministry of Finance to allocate South Korea’s USD 500 million soft loan on housing ger district households.” He then announced that he will take responsibility if the measure fails to reduce air pollution.

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Rio Tinto Says Q3 production falls on planned maintenance and safety pauses www.mining.com

Oct 16 (Reuters) – Global miner Rio Tinto Ltd said its third-quarter iron ore shipments fell about 5 percent, hurt by planned maintenance and safety pauses across all operations following a fatality.

Shipments from its Australian mines fell to 81.9 million tonnes in the third quarter compared with 85.8 million in the same period a year ago, the miner said, snapping four consecutive quarters of increases.

UBS had estimated quarterly Pilbara iron ore shipments of 82.5 million tonnes.

In August, a truck operator was fatally injured at Rio's Paraburdoo Iron Ore mine in Western Australia.

Rio, which competes with BHP and Brazil's Vale SA in the seaborne-traded iron ore market, maintained its target to ship at the upper end of the guidance range of 330 to 340 million tonnes for 2018.

The Anglo-Australian said on Oct. 11 that it expected raw materials costs for its aluminium division about $400 million higher versus a year ago for 2018 and that costs should stay elevated into next year.

Higher thermal coal prices are likely to have an additional negative impact of $100 million in 2018 for its Pacific Aluminium smelters, it added.

Rio Tinto, which has contracts with sanctions-hit aluminium maker UC Rusal, continues to monitor the impact of the U.S. sanctions but has not declared force majeure to date, it said.

The weak quarter comes after a brisk first half, when all of the big four iron ore miners bolstered shipments to China which seeks higher grades to comply with stricter environmental regulations.

China buys just over half of Australia's commodity exports.

In an effort to maintain production capacity to feed China's giant steel industry Rio said on Oct. 1 that the miner and its Japanese joint venture partners will spend about $1.55 billion at two iron ore projects in Western Australia.

The announcement came as Rio has been selling off its coal assets in order to focus on its core commodities.

In other metals, Rio’s copper output jumped 32 percent to 159,700 tonnes in the quarter thanks to robust production from its Kennecott Utah Copper business.

(By Aditya Soni in Bengaluru; Editing by Sandra Maler)

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Australian firm acquires Centerra Gold assets in Mongolia www.zgm.mn

Brisbane-based Australian firm OZD Capital has announced that the company is investing in Mongolia through its subsidiary OZD Asia PTE Ltd. In other words, the company is investing in Mongolia’s mining projects by acquiring Centerra Netherlands and Centerra Gold Mongolia LLC, which is the 100 percent direct shareholder of Boroo Gold LLC. OZD Capital is the parent company of OZD Asia PTE and focuses on emerging markets, specifically in mining and metal assets by financing and operating them. The company is largely owned by Australian, Singaporean and Mongolian stakeholders.

Centerra Gold assets in Mongolia valued at USD 35 million
A board member of OZD Capital highlighted, “The deal aligns with the company’s core strategy to invest and operate mining and metal assets of emerging markets.” OZD Capital also informed that they have precious metal assets in Asia, South America and West Africa. The company is headquartered in Brisbane, Australia and has branch offices in Singapore and Mongolia. As for OZD Asia, which signed the deal, is registered in Singapore. While Mongolian projects were valued at USD 35 million, the total amount of the agreement totalled USD 90 million according to OZD Capital.

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Russian Defense Minister to pay official visit to Mongolia www.montsame.mn

Ulaanbaatar /MONTSAME/ Defense Minister of the Russian Federation, Army General S.Shoigu will pay an official visit to Mongolia on October 18 at the invitation of his Mongolian counterpart N.Enkhbold.

Mongolia and Russia have been closely cooperating in defense sector and the latter’s visit to Mongolia is important to revive historic traditions of training personnel, strengthening military and technical cooperation and develop cooperation further.

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North Korea strengthens ties with Mongolia www.koreatimes.co.kr

North Korea is strengthening its ties with Mongolia, with Mongolian President Khaltmaagiin Battulga's inviting Chairman Kim Jong-un to visit the country to mark the 70th anniversary of North Korea-Mongolia diplomatic relations.

North Korea's state-run Korean Central News Agency (KCNA) reported Sunday that Kim received the invitation last week. KCNA also reported that a delegation of the Mongolian Food, Agriculture and Environment Workers Trade Unions headed by President Gantuya Ochirjantsan arrived in North Korea, Sunday.

Diplomatic relations between North Korea and Mongolia have strengthened in recent years, with trade volume between the countries rising steadily.

In particular, Mongolia's exports to North Korea jumped 55 percent last year compared to the previous year, according to the Korea Trade-Investment Promotion Agency's January report citing the statistics of Mongolian Customs.

In 2017 until November, Mongolia exported goods worth about $1.92 million to North Korea, while importing goods worth $370,000 from the North ― up 2 percent from the previous year.

Total trade volume was up 43 percent year-on-year at $2.29 million last year.

North Korea's party mouthpiece Rodong Sinmun's Monday edition published an article that elaborates on Mongolia's economy, while also publishing KCNA reports of the Mongolian President's invitation to Kim and the Mongolian delegation's visit to Pyongyang.

The newspaper highlighted Mongolia's livestock industry, mining, tourism, forestation projects and natural-based electricity project.

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Azerbaijan sent an export mission to Mongolia www.azernews.az

An export mission to Mongolia will be organized through the Azerbaijan Export and Investment Promotion Foundation (AZPROMO), an informed source told Trend on October 12.

The source noted that the export mission, which includes representatives of about 20 major Azerbaijani companies, will visit Ulan Bator.

“During the visit of the delegation, the Azerbaijan-Mongolia business forum will be organized at the beginning of the coming week. he meetings with officials of this country, as well as B2B meetings between representatives of business structures of the two countries will be held,” the source said.

The parties will discuss the issues of expanding cooperation between entrepreneurs of Azerbaijan and Mongolia and the possibility of exporting Azerbaijani products to this country.

The export missions play an important role in expanding non-oil exports and promoting the domestic made products. To date, Azerbaijan Export and Investment Promotion Foundation (AZPROMO) has organized 13 export missions to 10 foreign countries-Germany, Afghanistan, Pakistan, Qatar, Kazakhstan, Hungary, China, Russia, the United Arab Emirates (UAE) and Saudi Arabia.

Exhibitions, organized by the state bring excellent results. National entrepreneurs took part in different international exhibitions-Gulfood 2017, Prowein, ANUGA, Worldfood Moscow 2017 and the International Exhibition of Wines and Alcoholic Beverages in Hong Kong to promote the brand.

President Ilham Aliyev signed the decree on large-scale promotion of local non-oil products in foreign markets as “Made in Azerbaijan” on October 5, 2016.

This decree includes nine different support mechanisms to stimulate exports and promote “Made in Azerbaijan” abroad. Depending on the support mechanisms, the costs relating to their realization are fully or partially covered by the state budget.

Promotion of the “Made in Azerbaijan” brand on foreign markets became one of the priorities of the country’s foreign economic policy.

In January 2018, President Ilham Aliyev signed a decree on amending the procedure for determining and regulating the payment mechanism for part of the expenses paid from the state budget for organizing export missions to foreign countries, studying foreign markets and marketing activities, promoting the “Made in Azerbaijan” brand to foreign markets, the receipt by local companies of certificates and patents in foreign countries in connection with exports, research programs and export development projects.

According to the decree, this year the number of export missions that can be organized with the participation of Azerbaijani entrepreneurs in one calendar year has been increased from 10 to 25. Also, the number of international fairs and exhibitions, where a national stand can be presented with the participation of Azerbaijani businessmen was increased from five to ten.

Diplomatic relations between Azerbaijan and Mongolia were established in 1992. Relations and cooperation between two countries are expanding not only at the bilateral, but also at the international and regional levels.

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Deputy PM calls for stronger Vietnam-Mongolia ties across multiple fields www.vietnamplus.vn

Hanoi (VNA) – Deputy Prime Minister Truong Hoa Binh received Mongolian Minister of Justice and Home Affairs Tsend Nyamdorj, who is on a working visit to Vietnam, in Hanoi on October 15.

Noting the recent strides in the two countries’ traditional friendship and cooperation, Deputy PM Binh said that during the Mongolian official’s trip, the two sides will sign an agreement on the transfer of sentenced persons and negotiate another on extradition. He expressed his hope that both will finalise negotiations soon so as to sign the extradition deal in the near future.

He also called for stronger cooperation in security, defence, and the defence industry, while encouraging the speeding up of talks on and the signing of an agreement on the protection and exchange of classified information.

The host reiterated Vietnam’s foreign policy of enhancing bilateral and multilateral relations, as well as reinforcing the friendship and win-win cooperation with traditional friends, including Mongolia. He also expressed the country’s wish to tap into their time-tested friendship and cooperation potential so as to serve each side’s development and contribute to peace, stability, and development in the region and the world.

The Deputy PM asked both countries to strengthen political trust through high-level visits and meetings as well as delegation exchanges between ministries and sectors to boost collaboration in all spheres.

They should also boost the sharing of information and experience in crime fighting; cooperate in enhancing the capacity of law enforcement; and actively work together to soon sign an agreement on classified information protection and exchange and another on extradition, he said, asking Mongolia to admit Vietnamese officers to training courses within the framework of the Khaan Quest exercise.

At the meeting, Binh noted that while economic and trade ties have recorded encouraging improvements, they still remain modest. He asked the two sides to promote economic-trade links on par with the sound political relations, in particular by importing goods their partner holds strengths in and creating optimal conditions for each other’s enterprises to make investments and do business.

[Infographics: Vietnam-Mongolia economic cooperation]

He also called on Mongolia to facilitate Vietnamese companies’ formation of joint ventures and investment in both wool and leather production, and mineral and petroleum mining.

People-to-people exchange – especially in terms of cultural, educational, and sports activities – should be increased as the two countries mark 65 years of diplomatic ties in 2019, he added, asking Mongolia to create favourable conditions for Vietnamese people in the country. He also said Vietnam is ready to send high-quality workers and experts to work in fields that Mongolia has demand in.

At the event, Deputy PM Binh urged the two countries to foster coordination and mutual support at regional and international forums, including the United Nations, the Non-Aligned Movements, the Asia-Europe Meeting (ASEM), the ASEAN Regional Forum (ARF), as well as in global issues of shared concern.

He also thanked Mongolia for supporting Vietnam’s candidacy for a non-permanent membership of the UN Security Council for 2020-2021, as well as in Vietnam and ASEAN’s stance on maintaining peace, security, stability, and the settlement of East Sea disputes in line with international law.

For his part, Minister Tsend Nyamdorj stated that the two sides are negotiating the extradition agreement and agreed to sign this deal soon. The countries will celebrate 65 years of their diplomatic ties in 2019, so they will be paying close attention to activities marking this anniversary.

He added that Vietnam’s Ministry of Justice and Ministry of Public Security have enhanced cooperation with the Mongolian Ministry of Justice and Home Affairs to bring bilateral relations to a new height.

His country wishes to continue to solidify these connections, especially in mutual legal assistance to create a favourable legal environment for the two countries’ citizens.–VNA

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Mongolian National Olympic Committee host inaugural Beach Sports and Art Games www.insidethegames.biz

The Mongolian National Olympic Committee organised the inaugural Beach Sports and Art Games in the country.

Events took place in Sevrei county in South Gobi province.

In all 1,200 athletes took part in sports including beach volleyball, wrestling and sand mountain climbing.

Marathons were also held.

Cultural events saw prizes awarded for the best desert songs and best sand sculptures.

Sevrei topped the overall standings with the "Gobi Traveller" team second and "Gobi Discovery" third.

Distinguished guests attended the Games, including well known athletes and coaches.

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