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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Russia & China plan joint production of at least 200 heavy lift helicopters www.rt.com

 
Russia's state hi-tech corporation Rostec says a contract for a joint project with China to produce an Advanced Heavy Lift (AHL) helicopter may be signed by the end of the year.
 
“At least 200 heavy lift helicopters are planned to be built in China. This is an estimated market volume. These helicopters will possibly be exported," said Victor Kladov, Rostec’s International Cooperation, and Regional Policy Director.
 
He explained the cooperation as "technological partnership,” with China responsible for the helicopter’s design and production and Russia acting as a technical partner.
 
The new helicopter is among a range of Russian-Chinese projects that also include plans for a long-range widebody aircraft.
 
The AHL will have a maximum takeoff weight of 38.2 tons and will be able to carry up to 15 tons. With a range of 630 kilometers and a top speed of 300 kilometers per hour.
 
According to Rostec, some components for the helicopter will be supplied by Russia, but the helicopter will be manufactured in China.
 
"Our designers and engineers will actively participate in the development work, trials and certification of the helicopter, but this will be done on the basis of contracts," said Kladov.
 
Agreement on the program of developing a heavy civilian helicopter was signed in June 2016 during an official visit by Russian President Vladimir Putin to China.
 
Under the agreement, Rostec’s subsidiary Russian Helicopters will invest in the project and develop separate systems for the new machine.
 
Last year Russian Helicopters announced plans to sell 18 helicopters to China, including Mi-171s, Ka-32s, and Ansat. The helicopters will be delivered by the end of 2018.
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VW launches new UK diesel scrappage scheme www.bbc.com

 
Volkswagen UK is offering customers discounts of up to £6,000 to trade in diesel vehicles when buying a new car.
All the Volkswagen UK brands - including Audi, Seat, Skoda and Volkswagen Commercial Vehicles - will participate.
VW launched a more generous scheme in Germany in August in the wake of its diesel emissions scandal.
Competitors in the UK, including BMW, Ford, Hyundai, Mercedes-Benz and Vauxhall have already launched schemes.
Rival Toyota also launched a scrappage scheme on Friday, offering up to £4,000 off a new Toyota.
VW's UK scheme is a continuation of the initiative launched in Germany, which was brought in after a top level summit between politicians and the country's leading carmakers, including BMW, Daimler and Opel.
VW's German scheme offered a discount of up to 10,000 euros (£9,000) to trade in diesel vehicles.
Diesel cars have been under scrutiny over high levels of nitrogen oxide emissions, sparked by VW's diesel scandal.
Two years ago, it was revealed that Volkswagen had cheated emissions tests that affected 11 million vehicles worldwide.
Car manufacturers have been under increasing political pressure, especially in Germany, to encourage consumers to buy less polluting cars.
UK trade-ins
VW's UK scheme will apply to any diesel vehicle that has emissions standards lower than Euro 5 and was registered before 2010.
Incentives range from £1,800 off a new VW Up! to £6,000 off a Sharan people carrier.
Electric and hybrid vehicles, which attract government grants, will be included in the scheme.
So, for example, an e-Golf, which gets a £4,500 grant from the government, will also have VW trade-in saving of £5,500, adding up to £10,000 off in total.
Jim Holder, editorial director of Haymarket Automotive, told the BBC: "The car industry is trying to get on the front foot after an extended period of negative headlines in the wake of dieselgate.
"It's a fact that the latest, Euro 6 compliant petrol and diesel engines are rated as substantially cleaner than these older engines, and this is a great way of both publicising the giant strides the industry has made and also stimulating demand for sales at a time the car market is down year-on-year."
He said VW's scrappage incentives would vary from country to country due to factors such as transport costs and vehicles being cheaper in its home market.
However, he said it would also be important to VW that its UK competitors have similar schemes running, and VW will probably have pitched their discounts at that level in order to compete.
VW's UK scheme offers substantially higher discounts than some of its competitors, which seem to hover around the £2,000 mark as an upper limit.
Sales boost?
Mr Holder added that "it's not clear" what impact the VW scheme will have on vehicle sales.
"Owners of older vehicles typically don't have the money to spend on a new vehicle, even with these discounts - in normal circumstances it would be far more likely that they would trade up to another, less old used car.
"However, there are some potentially good savings here, and the positive publicity could stir interest at a time when registrations are down across the market," he said.
He added that by matching rival offerings VW will probably keep its advantage over its opposition.
"Sales have been robust in the wake of the dieselgate scandal, and it's worth remembering that no cars on sale today were affected by that issue, and that the VW Group is still the largest spender on R&D in the car industry, leading to its impressively strong line-up of cars," he said.
Toyota scheme
The Japanese car giant's scheme runs from 1 September to 31 December and is open to any vehicle more than seven years old.
Customers can get a discount of £2,000 off models including Aygo, Prius and Hilux, and £4,000 off a Land Cruiser.
Paul Van der Burgh, Toyota GB managing director, said: "Our scrappage scheme is a win-win solution. Motorists can dispose of their older vehicles and have access to our cleaner, more efficient model range."
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Russia-Mongolia-China economic corridor to open next year www.therussophile.org

The Russia-Mongolia-China economic corridor will open for international road transport next year, Russian Transport Minister Maxim Sokolov told a seminar reviewing preparations to implement an intergovernmental agreement on international transport via the Asian network of highways, according to TASS.

“We expect that this agreement will come into effect and will be ratified shortly in our countries. And haulage via the Russia-Mongolia-China corridor will open already next year, in 2018,” the minister said.
“This is the development of the central railway corridor, organizing transit trucking activities on the Tianjin-Ulan Bator-Ulan-Ude route and paving a road along this route,” Sokolov said.
The minister told TASS that first cargoes will be transported along the highway in 2018. “The issue of obtaining bilateral and multilateral permission for hauling different types of cargoes between the countries is now under discussion. A data bank is being put together with a list of shipments that will include oil cargoes and unified containers,” he added.

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Canada’s Trevali among world’s top zinc producers with Glencore mines buy www.mining.com

Canadian miner Trevali (TSX:TV) reached a milestone Thursday, as it finished the acquisition of majority stakes in Glencore’s (LON:GLEN) Rosh Pinah mine in Namibia and the Perkoa mine in Burkina Faso.

The deal, announced in March, places the Vancouver-based company among the world’s top ten zinc producers and helps it extend its footprint to Africa.

The acquisition of an 80% interest in Rosh Pinah and a 90% stake in Perkoa, will allow Trevali double its annual output to approximately 410 million pounds of zinc. It also makes it the first pure zinc company with operations in North and South America as well as Africa.

Rosh Pinah opened in 1969 and is expected to have a further 14 years of operating life, while Perkoa is set to produce for another six years.

The two African mines complement Trevali’s existing operations at the Caribou zinc-lead mine in Canada’s New Brunswick and Santander copper-zinc mine in Peru.

“We are very pleased to finalize our acquisition of the Rosh Pinah and Perkoa zinc mines, which marks a truly transformational event for Trevali shareholders,” President and CEO Mark Cruise said in the statement. “Additionally, we welcome Glencore as a key strategic shareholder in Trevali, expanding on the strong, proven business relationship we’ve enjoyed since 2010 at our Santander operation.”

Glencore now owns about 25.6% of Trevali’s issued and outstanding shares, representing about a 21% increase in ownership previous to the transaction.

Zinc was one of the best performing commodities last year, climbing up 60% as a few top mines, such as Lisheen in Ireland and Century in Australia, closed down. At the same time, top miners of the metal, including Glencore and Nyrstar, suspended some production.

Trading of Trevali shares was halted previous to the announcement and they were trading slightly up (0.70%) at 12:39PM ET.

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Vestas Providing Turbines For Mongolia’s Developing Wind Market www.nawindpower.com

ENGIE, Ferrostaal, the Danish Climate Investment Fund and Mongolian entrepreneur Radnaabazar Davaanyam have reached financial close to build and operate the 55 MW, Vestas-powered Sainshand wind park in Mongolia.

The project, located at Sainshand Soum in the Dornogobi Province, is set be Mongolia’s third and largest wind park, as well as the second featuring Vestas turbines. Specifically, Sainshand will feature 25 V110-2.0 MW turbines in 2.2 MW power-optimized mode. Long-term financing is being provided by the European Investment Bank and the European Bank for Reconstruction and Development.

“Mongolia has begun the journey away from an energy mix dominated by thermal power, and with its strong wind resources, the market is growing fast and becoming very competitive,” states Clive Turton, president of Vestas Asia Pacific.

The order also includes supply and supervision of turbine installation, a 15-year Active Output Management 4000 service contract and VestasOnline Business SCADA. Turbine delivery, as well as commissioning, is expected for the first half of 2018.

”Mongolia is facing an energy challenge due to increasing demand from industrialization and urbanization,” adds Benoit Ribesse, CEO of ENGIE Mongolia. “As our first renewable energy project in Mongolia, ENGIE’s investment in the Sainshand wind farm is consistent with our vision of leading the global energy transition, and the drive for decarbonization will significantly contribute to powering the country’s energy needs. We look forward to partnering with Vestas to support the Mongolian community – environmentally, socially and economically.”

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Kincora drilling underway at brownfield open pit target www.kincoracopper.com

Kincora Copper Ltd. (the “Company”, “Kincora”) (TSXV:KCC) is pleased to announce drilling is underway at its wholly owned East TS copper porphyry target in the Southern Gobi, Mongolia. The maiden reverse circulation and diamond drill program at the East TS target is comprised of approximately 2,870 metres to less than 265 metres depth for approximately 12 holes. It is proposed that during a second phase Kincora will undertake infill geophysics and a follow on 5000 metre drill program.

Sam Spring, President & CEO, commented: “It is pleasing to be drilling at the East TS target within a week of final approvals for our $4.52 million equity offering. Kincora has commenced the first Tier 1 drilling program in recent years and the first modern district scale reconnaissance exploration program in what is a world-class but underexplored porphyry belt.
In the upcoming months we will undertake drilling at two targets, initially at East TS, and then Bayan Tal. These first phase programs will provide improved geological knowledge, with funds in place for follow up geophysics and second phase drilling for a total of approximately 16,000 metres.
Our exploration programs will utilise number of advancements in global exploration techniques since the last the last wave of exploration in this belt by the likes of Ivanhoe, the BHP JV and IBEX, and will test our conceptual models of the first new Devonian porphyry systems in the Southern Gobi belt since Oyu Tolgoi, the latter being the largest expansion project globally in the industry”.
East Tsagaan Suvarga target
East TS sits within the interpreted eastern margin in the Tsagaan Suvarga Intrusive Complex (“TSIC”) which hosts the Severn Sukhait open pit, various oxide resources and exploration targets on northern structural corridor within western margin of the intrusive at the privately owned Tsagaan Suvarga project. The Seven Sukhait sulphide open pit has a 307Mt @ 0.54% Cu resource and is a billion dollar plus development project with the orebody pre-stripped and existing associated regional infrastructure, including grid power and neighbouring saline water aquifers.
Surface geology at East TS provides an analogue to the Serven Sukhait open pit alteration and associated higher-grade copper mineralization. Analysis of age dating, whole rock geochemistry and magma fertility highlights a common suite between quartz monzodiorite within the Serven Sukhait open pit, the high-grade underground deposits at OT and East TS. Interpreted geophysics supports a potential similar northern structural corridor on the eastern margin under shallow younger cover to that outcropping on the western margin. Field season activities in 2016 and earlier in 2017 have included ground magnetics, detailed mapping, petrography, whole rock geochemistry with fertility analysis, and age dating to complement historic Induced Polarization (“IP”) geophysics and soil geochemistry. The objective of ongoing field activities at East TS is to confirm the open pit and exploration analogue to Tsagaan Suvarga.
The TSIC is situated within the second large-scale and Devonian age porphyry system in the Southern Gobi belt to date with an economic discovery. The East TS target is situated within 13km of the Severn Sukhait open pit and until last years’ exploration efforts had previously unidentified outcrop, providing an excellent example of the highly mineralized but vastly underexplored potential of the Southern Gobi Devonian copper belt for further Tier 1 porphyry discoveries. Kincora holds the dominant land position in the region with a portfolio across 1437km2.

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FESCO increases the number of its services on land route China-Mongolia-Russia and launches block train from Xiamen to Moscow www.container-news.com

FESCO Transportation Group expands the network of its regular rail services from China and together with SWIFT, a Chinese transportation company launches FESCO Mongolian Shuttle – a container train destined from Xiamen to Moscow.

The first train carrying 82 TEU was dispatched from province Fujian to station Kupavna of the Moscow Railway on August 25th. Time in transit shall be 14 days. The route of this service runs via border stations Erlian/Zamyn-Uud/Naushki. With increase of the rhythm of traffic it is expected to use FESCO Mongolian Shuttle to make two regular dispatches per month, in the future – on a weekly basis.

The cargo base for the service is formed by export goods from province Fujian and by products that are produced in and are arriving from other regions to Shanghai, Ningbo, Guangzhou. These are primarily consumer goods, products of the textile industry, shoes.

FESCO launched its first continental service from China to Russia in late 2016 on route Tianjin-Moscow, a transit service from China to Germany passing through the territory of Mongolia as well started to operate in early August 2017.

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Energy-rich Russian Arctic region boasts $100bn in investment www.rt.com

The Yamal region in the Russian Arctic expects $100 billion in investments in the next eight years, according to the regional governor. Yamal has vast reserves of oil and natural gas.
"Yamal gives heat and light not only to Russians but also ensures the supply of natural gas to dozens of countries. Our investment projects are among the most promising in the world. The volume of investment through 2025 exceeds $100 billion," said the Governor of the Yamalo-Nenets Autonomous Region Dmitry Kobylkin on Wednesday, as quoted by the TASS news agency.

According to the governor, there are more than 60 energy companies working in Yamal, including Gazprom, Rosneft, Lukoil, NOVATEK, Gazprom Neft, Transneft, France’s Total, China’s CNPC and others.

There are 236 oil and gas fields in Yamal, and the region boasts proven hydrocarbon reserves of 44.5 trillion cubic meters of gas and almost 5 billion tons of oil.

Russia expects to open the first phase of the Yamal liquified natural gas (LNG) project in December. The plant will produce 16.5 million tons of LNG per year. The project is a joint-venture between Russia’s NOVATEK (50.1 percent), Total (20 percent), CNPC (20 percent) and the Silk Road Fund (9.9 percent). 96 percent of the plant’s future capacity has already been contracted, Kobylkin noted.

When Yamal LNG and Arctic LNG 2 on the Gydan Peninsula are fully operational, LNG production in the region will be 80 million tons per year, the governor said.

The region also has natural gas pipelines, crucial for Nord Stream, the pipeline that delivers Russian gas to Germany and Europe.

Yamal will also become a major hub for the Russian Northern Sea Route, which allows passage from the Atlantic to the Pacific Ocean via the shortest route along the Russian part of the Arctic Circle. It reduces the transport time from China to Europe by at least 12 days compared to the traditional Suez Canal route.

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Joint Statement: U.S.-Japan-Mongolia Trilateral Meeting www.mn.usembassy.gov

The United States, Japan and Mongolia held a trilateral meeting in Ulaanbaatar on August 30, 2017. The participants underscored the importance of the U.S.-Japan-Mongolia trilateral meeting, launched in 2015, as a foundational mechanism allowing Mongolia and two of its “third neighbors” – Japan and the United States – to exchange views on regional and multilateral cooperation and economic integration.

The 2017 trilateral meeting addressed issues of shared concern. The three countries expressed their grave concern over the regional and global threat posed by North Korea’s continued development of nuclear and ballistic missile technology, especially in light of the August 29 ballistic missile launch over Japan. Noting the threat that such provocations pose to regional stability, they called on Pyongyang to immediately cease its destabilizing actions and to fully comply with its international obligations and commitments under all relevant United Nations Security Council Resolutions (UNSCRs) and its commitment under the 2005 Joint Statement of the Six-Party Talks in order to achieve a peaceful resolution to rising international tensions and the shared goal of a denuclearized Korean Peninsula. The three countries called on all UN member states to fully implement all UNSCRs, especially the newer provisions of UNSCR 2371. The three countries emphasized the importance of an immediate resolution of abductions.

The three countries also reinforced the importance of international law and standards as the foundation of peaceful, productive relations between countries. Moreover, they pledged to promote increased trilateral cooperation at the United Nations and other international organizations. The participants also affirmed their shared intent to promote trilateral and multilateral security and defense cooperation. Japan and the United States expressed their great appreciation for Mongolia’s contributions to UN peacekeeping operations and continued stability operations in conflict zones worldwide.

Mutually beneficial economic development remains a key theme in the trilateral relationship. The three countries discussed opportunities to increase trade and make Mongolia’s business and investment climate increasingly attractive to Japanese and U.S. firms, particularly through improved transparency and predictability. In order to enhance foreign investors’ trust and reinvigorate the Mongolian economy, Japan and the United States expressed their hope Mongolia would fully implement its arrangement with the IMF. Japan and the United States noted Mongolia’s natural competitive advantage in the agricultural sector and welcomed exploring opportunities to work with Mongolia to achieve its renewable energy goals.

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Mongolia-U.S-Japan joint statement released www.montsame.mn

Ulaanbaatar /MONTSAME/ Mongolia, the United States and Japan released a joint statement after holding a trilateral meeting in Ulaanbaatar on August 30, the Mongolian Ministry of Foreign Affairs reported Thursday.

The participants underscored the importance of the Mongolia-U.S.-Japan trilateral meeting, launched in 2015, as a foundational mechanism allowing Mongolia and two of its “third neighbors”--Japan and the United States--to exchange views on regional and multilateral cooperation and economic integration.

The 2017 trilateral meeting addressed issues of shared concern. The three countries expressed their grave concern over the regional and global threat posed by North Korea’s continued development of nuclear and ballistic missile technology, especially in light of the August 29 ballistic missile launch over Japan. Noting the threat that such provocations pose to regional stability, they called on Pyongyang to immediately cease its destabilizing actions and to fully comply with its international obligations and commitments under all relevant United Nations Security Council Resolutions (UNSCRs) and its commitment under the 2005 Joint Statement of the Six-Party Talks in order to achieve a peaceful resolution to rising international tensions and the shared goal of a denuclearized Korean Peninsula. The three countries called on all UN member states to fully implement all UNSCRs, especially the newer provisions of UNSCR 2371. The three countries emphasized the importance of an immediate resolution of abductions.

The three countries also reinforced the importance of international law and standards as the foundation of peaceful, productive relations between countries. Moreover, they pledged to promote increased trilateral cooperation at the United Nations and other international organizations. The participants also affirmed their shared intent to promote trilateral and multilateral security and defense cooperation. Japan and the United States expressed their great appreciation for Mongolia’s contributions to UN peacekeeping operations and continued stability operations in conflict zones worldwide.

Mutually beneficial economic development remains a key theme in the trilateral relationship. The three countries discussed opportunities to increase trade and make Mongolia’s business and investment climate increasingly attractive to Japanese and U.S. firms, particularly through improved transparency and predictability. In order to enhance foreign investors’ trust and reinvigorate the Mongolian economy, Japan and the United States expressed their hope Mongolia would fully implement its arrangement with the IMF. Japan and the United States noted Mongolia’s natural competitive advantage in the agricultural sector and welcomed exploring opportunities to work with Mongolia to achieve its renewable energy goals.

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