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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Mongolian President and ADB Country Director discuss partnership www.akipress.com

The Asian Development Bank’s (ADB) Country Director in Mongolia, Yolanda Fernandez Lommen, last week paid a courtesy call to the President of Mongolia, Battulga Khaltmaa, to discuss ADB’s partnership with the country and planned operations, ADB said on Thursday. 

Ms. Fernandez Lommen extended her congratulations to the President on his appointment and presented him with a copy of the recently published ADB 50th anniversary history book, Banking on the Future of Asia and the Pacific: 50 Years of the Asian Development Bank.

She introduced ADB’s new Country Partnership Strategy, 2017-2020, for Mongolia that will guide ADB’s future investments, policy reform support, capacity building, and knowledge sharing in the country. Support will focus on three core pillars of activity. The first pillar is economic and social stability, a major part of which is to support macroeconomic stability while maintaining progress on social development. The second pillar is infrastructure for economic diversification, and the third pillar is strengthening environmental sustainability.

“Our jointly planned operations will foster economic diversification, job creation, and increase the efficiency and delivery of social services,” Ms. Fernandez Lommen said. “To that end, support will be provided to projects that support small- and medium-sized enterprises, in particular, agribusiness; infrastructure that promotes connectivity to facilitate access of Mongolia’s exports to external markets; urban development; and the construction of new schools and modern hospitals, among others. ADB and the Government of Mongolia will also pioneer a project to provide persons with disabilities with skills to integrate themselves in the labor market.”

Recalling his cooperation with ADB as a former Minister of Road and Transport, President Battulga emphasized the improvement of access to remote provinces from the capital city achieved with the assistance of ADB support to road sector projects. Noting that ADB’s continuous assistance is helping Mongolia sustain inclusive growth in a period of economic difficulty, the President expressed his appreciation for ADB’s 26-year engagement in the country.

ADB, based in Manila, is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration. Established in 1966, ADB is celebrating 50 years of development partnership in the region. It is owned by 67 members—48 from the region. In 2016, ADB assistance totaled $31.7 billion, including $14 billion in cofinancing.

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Chinese carmaker to take $28 million stake in Australian lithium company www.mining.com

Great Wall will be involved in what seems to be the first direct investment in a lithium supplier by an automaker.

The Chinese company announced that it will take a $28 million stake in Pilbara Minerals. The move is part of an off-take tie-up aimed at supporting the proposed expansion of the lithium and tantalum project the Australian miner owns at Pilgangoora, 120km east of Port Hedland.

Under this agreement, Great Wall will take between 75,000 tonnes and 150,000 tonnes of spodumene concentrate from Pilbara, subject to the $100 million-plus stage 2 development of the project getting the go-ahead.

Great Wall's investment replaces a $17.75 million deal with General Lithium that, according to Pilbara, could not be sealed due to “regulatory constraints” in China.

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Funds flow in for Xanadu www.miningnews.net

It is claimed the company was only seeking about $10 million, but upped the number to $15 million on account of the strong interest out of North America.

The funding comes after Xanadu managing director Andrew Stewart spent last week at a gold conference at Beaver Creek.

The raising was priced at 20c per share, reflecting the strong interest.

Xanadu has been having ongoing success with large scale epithermal and porphyry prospects in Mongolia.

Shares were up 5% to 21c in midday trade, capitalising the company at $107 million.

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Cryptocurrency platform to end transactions www.chinadaily.com.cn

BEIJING — China should tap the huge potential of public-private partnerships (PPPs) when investing in countries participating in the Belt and Road Initiative, officials said Thursday.

"With the development of the Belt and Road Initiative, the world is facing a new boom in infrastructure investment, which will provide ample opportunities for PPP development," Li Pumin, secretary general of the National Development and Reform Commission (NDRC), said at a PPP forum.

PPPs can help attract private capital, technology and professionals to infrastructure projects in countries involved in the Belt and Road Initiative that were once dominated by the government, according to Jia Biao, an official with China Insurance Regulatory Commission.

Innovative financing models are necessary since some projects under the Belt and Road Initiative require large investments with long payback periods.

PPPs have existed in China since the 1980s, but the adoption of the financing mode had been slow until China released two PPP guidelines in 2014.

In China, operators of PPP projects are encouraged to directly solicit money from the capital market, and social security funds and insurance premiums are allowed to invest in these projects.

The Belt and Road Initiative, an infrastructure and trade network connecting Asia with Europe and Africa along ancient trade routes, was put forward by China in 2013.

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Alibaba launches new e-commerce platform in Russia www.rt.com

Chinese e-commerce giant Alibaba is introducing a new trade platform called Tmall to the Russian market; TASS reported citing its sources.

The service has started working in test mode and should become fully operational from mid-October.

“In Russia Tmall will be launched within the AliExpress platform. In fact, this marks the brand's debut outside China,” one of the sources said.

AliExpress is one of the most popular online shops in Russia with an estimated 15.6 million customers each month.

According to the people familiar with the matter, Tmall will operate in Russia as a separate online shop and a marketplace (or e-platform), uniting an unlimited number of sellers.

Goods will be delivered from the warehouses of Alibaba's partners in Russia, and not from Chinese storage facilities (cross-border trade), as with AliExpress.

"We started localizing AliExpress in Russia two years ago, launching the marketplace ‘Mall’ within the platform. The upgrade to Tmall means a better quality of services due to a more careful selection of goods, a single warehouse, and logistics based on courier delivery, along with delivery to special points of issue,” said Director of Development of AliExpress in Russia and CIS Mark Zavadsky.

He added that Tmall will offer all kinds of goods, ranging from electronics and household appliances to clothing and children's goods. Russian and international brands, as well as some favorite Chinese brands in Russia, will be available to customers.

According to statistics, Tmall’s website is the 14th most visited, with more than 14,000 international brands registered.

In 2015, Russia and China started an online e-commerce platform called TradeEase aimed at increasing cross-border trade between the two countries.

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Mongolian Stock Exchange to partner with United Nations Sustainable Stock Exchanges Initiative www.mse.mn

On September 21, 2017, the MSE became a member of the UN Sustainable Stock Exchanges Initiative to promote responsible investment and sustainable business practices in the domestic capital market.

The SSE initiative currently has 66 partner stock exchanges globally. The vast network presents an opportunity for the MSE to work together with global investors, issuers, policy makers, regulators and other stock exchanges to promote stock exchange’s role in global sustainable development.

Mr. Altai Khangai, MSE CEO was quoted “Mongolian Stock Exchange is committed to be one of the pioneers to promote sustainable financing in our country and encourage sustainable business practices among our listed companies. We are looking forward to engage in dialogue and cooperation with other exchanges around the world to further advance the stock exchange’s role in promoting global sustainable development,” on the SSE Initiative’s website.

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China bought tonnes of North Korean coal www.mining.com

North Korea’s biggest trading partner imported 1.64 million tonnes of coal in August, despite a supposed embargo imposed by Beijing to comply with the UN sanctions aimed at stopping Pyongyang’s nuclear ambitions.

According to CNN, even though China announced in February that it would halt all coal shipments from its smaller neighbour through the end of this year, official customs data shows the country stuck to that pledge until last month, when imports of the black mineral added up to $138.1 million.

The increase is noticeable, given that in January China imported about $122.5 million worth of coal, while the number dropped to $98.1 million in February and to zero in March.

Experts consulted by the TV station said that the reason that explains Beijing’s behaviour is that the February ban was imposed so abruptly that several shipments were already sitting at Chinese ports and they had to be cleared before the September 5 sanctions deadline. Following that deadline, the Asian giant said it would not process coal imports from Pyongyang, even if the goods had already arrived.

In a strict sense, China did not violate the Security Council's resolutions. However, analysts such as Anthony Ruggiero, senior fellow at the Foundation for Defense of Democracies, told CNN that actions by Xi Jinping’s government show that it is not a reliable partner.

Ruggiero hopes that China learns from this situation, particularly once its officials see that more Chinese firms and banks are being sanctioned as the US Treasury Department executes its new powers to crack down even harder on anyone who does business with the Kim Jong-un administration.

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China has become Mongolia's largest trade partner for more than ten years www.db.silkroad.news.cn

BEIJING, Sept. 28 (Xinhua) -- China has continued to maintain its position as Mongolia's largest trade partner for more than ten consecutive years, according to the Ministry of Commerce at the 2nd China-Mongolia Expo.

China's non-financial direct investment in Mongolia amounted to 4.11 billion U.S. dollars by July 2017, roughly accounting for 30 percent of Mongolia's foreign direct investment.
In particular, China-Mongolia bilateral trade volume stood at 3.62 billion U.S. dollars in the first seven months of this year, up 46.3 percent from last year.

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UN rights expert urges Mongolia to protect www.environment jurist.org

[JURIST] Special Rapporteur on human rights and the environment John Knox [official profile] called [press release] on Mongolia Wednesday to protect the environment.

The call [transcript] came as a result of economic and cultural implications the nations agricultural community is facing as a result of expanding the expanding mining industry. Knox found that while Mongolia has comprehensive environmental legislation, it lacks a necessary implementation framework, causing damage to the environment. He also said that areas in Mongolia are some of the most polluted due to coal burning affecting the air and mining poisoning the water supply:

This air pollution interferes with the rights to life and health because it causes respiratory and cardiopulmonary illnesses that lead to premature mortality. The effects are felt most severely by the most vulnerable, including the old and the ill. Many studies have shown that children are particularly at risk. For example, in 2016, UNICEF estimated that over 400 children under the age of five were dying every year in Ulaanbaatar as a result of pneumonia related to air pollution. In addition, exposure to air pollution in childhood can result in long-term health problems, including lung cancer and cardiovascular disease.
He called on on Mongolia to standardize mining procedures to safeguard the environment:
Mining standards should ensure that the mining is done safely, that it minimizes environmental harm, and that after the mining is completed, the site is restored as far as possible to its original status. Unavoidable harm should be offset and/or compensated. When done correctly, this process can and should result in benefits not only for the country as a whole, but also for the local communities directly affected by the mining.
More importantly he urged Mongolia to protect indigenous land rights activists, noting recent attacks and threats of violence leveled against environmentalist and human rights defenders.

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UN expert criticizes Mongolian 'Gold' programme www.news.mn

Mr John Knox, a UN independent expert on human rights and the environment has visited Mongolia for the first time. The UN expert met Mongolian government officials and visited the Zaamar soum.

Mr Knox noted that Mongolia has better statistics than many countries on human rights and environment, but still has some problems. He said, ‘Air-pollution in Ulaanbaatar, water and soil-pollution along the banks of the River Tuul have become very serious problems in Mongolia. Generally, Mongolians are known as having a positive attitude to the environment, nevertheless coal ash and rubbish has been scattered along River Tuul.

During his visit to Zaamar soum, the UN expert warned that environmental pollution is reaching a critical level. Also, Mr Knox criticized the ‘Gold’ programme, implemented by the Mongolian government over the environment situation.

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