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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The first Presidential debate will take place tomorrow www.mongolia.gogo.mn

Mongolian National Broadcaster announced to organize the first Presidential debate for 2017 election on Jun 24 at 9 p.m. The debate will be carried live nationwide across Mongolian National Broadcaster, Mongolian News, and Mongolian radio. 

All three presidential candidates; namely, a nominee of Mongolian People`s Party M.Enkhbold, a nominee of Democratic Party Kh.Battulga and a nominee of Mongolian People`s Revolutionary Party S.Ganbaatar will appear in the debate. 
People are able to send their questions until 12 a.m today through 318971, 328643, 7000-1630 and songuul2017_asuult@mnb.mn as well as http://election2017.mnb.mn
The questions will cover following issues;
Legal and Justice
Economic and social situation
Security and foreign policy
Personal.

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Mongolia building three new roads www.worldhighways.com

Three build-operate-transfer road projects are being planned in Mongolia. The projects will be carried out between 2017 and 2020. One project is for a 272km link connecting Bichigt with Baruun-Urt. Another project will be carried out from 2017 to 2019 and involves rebuilding the 250km road joining Gashuunsukhait with Tavantolgoi. Widening of a 205km road from capital Ulaanbaatar to Darkan is also planned with the link being upgraded to having two lanes in either direction.

The aims of the projects are to boost safety and capacity, as well as increasing economic activity directly through activating the road construction sector or developing other industries through the availability of better transport links.

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China May coal imports from Indonesia, Mongolia jump - customs www.au.investing.com

BEIJING, June 23 (Reuters) - China's coal imports from Indonesia in May rose 24.5 percent from a year ago to 3.86 million tonnes, the highest level since July 2012, customs data showed on Friday.
Mongolian arrivals during May rose 42 percent from a year earlier to 3.16 million tonnes, while supply from Australia, China's largest coal supplier, fell 5 percent from a year ago, the data showed.

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Cuba and Mongolia sign Agreement for the Mutual Recognition of Academic Degrees www.misiones.minrex.gob.cu

Ulaanbaatar. June 22, 2017. His Excellency, Mr Gelegpil Chuluunbaatar, Minister of Education, Science, Culture and Sport of Mongolia, signed an agreement on Mutual Recognition of Programs of Studies, Diplomas and Degrees in Higher Education between Mongolia and the Republic of Cuba. On the Cuban side, the Agreement was signed by Cuban Ambassador Raúl Delgado Concepción, who emphasized in his words that this agreement will allow young Mongolian graduates in Cuba to validate their academic qualifications automatically upon their return to Mongolia to begin their professional life.

The Ambassador also pointed out that cooperation in educational matters remains one of the main aspects of the relationship between the two countries, which has allowed more than 160 young Mongols to study different university degrees in Cuba. Of the 20 young Mongolians currently in higher education in Cuba, 19 of them do so in the medical school.
Minister for his part highlighted the results achieved by Cuba in education and said he was happy to be with Cuba with whom he could sign such an important agreement for both countries, which laid the foundations for continuing to strengthen ties of cooperation.
The ceremony was attended representing the Ministry of Education, Science, Culture and Sport of Mongolia, by Mrs. Т.Amarjargalan, Director of Higher Education, Ms E.Enkh-Amgalan, Director of Foreign Cooperation and Ms L.Tsedewsuren , Head of the Department of Administration and Public Management. Representing the Ministry of Foreign Affairs of Mongolia was present Mr. Ganbold, Deputy Director General of the Department of America, Middle East and Africa. (EmbaCuba Mongolia)

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Mongolian government starts granting scholarships to Cubans www.montsame.mn

Ulaanbaatar /MONTSAME/ The Mongolian Minister for Education, Culture, Science and Sports G.Chuluunbaatar and Ambassador Extraordinary and Plenipotentiary of the Republic of Cuba to Mongolia Raul Delgado Consepcion signed the Agreement on Mutual Acknowledgement of Tertiary Education Certification and Degrees between the Government of Mongolia and the Government of the Republic of Cuba.

In accordance with the intergovernmental agreement, the authorities of the two countries will acknowledge each other’s educational certificates and degrees, so that professionals can continue their studies in both countries.

Educational cooperation takes up a great place in the bilateral ties. Since 1960, the Cuban government has been granting scholarships for Mongolian students. A report shows that 140 Mongolian students have received the Cuban Government scholarship grants since 1994. Aside from the dominating number of students specializing in medical science in Cuba, Mongolian students also pursue studies in industry, sports and social studies.

In 2017, the Mongolian government decided to grant scholarships to two Cuban students to study in Mongolia. The National University of Mongolia and the University of Havana inked a cooperation document this year, as well.

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Fed: US banks have money for crisis www.bbc.com

The 34 largest banks in the US have money on hand to withstand a severe recession, the US central bank said on Thursday.

The finding comes from an annual "stress test" conducted by the Federal Reserve.
The tests were put in place after the financial crisis to strengthen financial capacity in the event of a downturn.
Banks have been pushing to relax those rules.
Some said Thursday's results could make it easier to convince policymakers to do so.
"We see today's ... stress test results as a positive for Trump administration efforts to deregulate the banks," Jaret Seiberg, a policy analyst with Cowen & Co, told Reuters.
The Federal Reserve tested to see how banks with $50bn (£39.4bn) or more would respond in the event of a global recession, if unemployment increased to 10% and property values declined.
That would trigger combined losses of nearly $500bn over more than two years - including $383bn from loans - but the firms have enough of a cushion to handle such a blow, the Federal Reserve said.
Since 2009, the 34 firms have added more than $750bn in common equity capital, the Federal Reserve said.
Jerome H Powell, a governor of the Federal Reserve who has urged some regulatory reform, said the tests show that "even during a severe recession, our large banks would remain well capitalised".
"This would allow them to lend throughout the economic cycle and support households and businesses when times are tough," he said.
The firms reviewed included Bank of America, JP Morgan Chase and Wells Fargo.
A second, more closely watched component is due next week.

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Unemployed rate decreased to 9.1 percent www.montsame.mn

Ulaanbaatar /MONTSAME/ The unemployment rate of Mongolia reached an all time high of 11.6 percent in the first quarter of 2016 with 143 thousand unemployed people.

Within the framework of the Government’s policies on improving livelihoods and restoring the economy through creation of jobs, multiple job creating projects and programs have been implemented. As a result, the unemployed rate has reduced down to 9.1 percent with 115 thousand unemployed people in the first quarter of 2017. 

Specifically, in order to promote light industry through agriculture, USD 420 thousand worth of low-interest rate loans were granted to 10 major national manufacturers, such as “Gobi” JSC, “Denimon” textiles, “Khan-Brand” milk factory, “Mongolian Cattle” meat factory and “Zurgaan Khoshuu” pig farm.

These national brands are expected to create more than 1800 jobs and 40 percent of them will be for women. Presently, three Mongolian companies are aiming to establish co-branding agreement with world-renowned brands by the fourth quarter of 2020.

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Mongolia-Russia strategic relationship expands actively www.news.xinhuanet.com

ULAN BATOR, June 22 (Xinhua) -- The relationship between the law enforcement agencies of Mongolia and the Russian Federation have actively expanded in recent years, said Spokesman of the Parliament of Mongolia Miyegombyn Enkhbold on Wednesday.

Enkhbold emphasized the importance of deepening trade and economic relations between Mongolia and Russia at a meeting with Mukharbek Didigov, deputy chairman of the Federation Council Committee on Defense and Security.
After the formation of a new parliament and a new government following the previous parliamentary elections in Mongolia, bilateral relations between the two countries began to develop more intensively, said Enkhbold.
A number of mutual visits between the sectoral ministries of Mongolia and Russia have been carried out while several documents on expansion of bilateral cooperation were signed.
"All this confirms a new page opened in the strategic partnership between Mongolia and Russia," said Enkhbold.
The main task of law enforcement bodies is to create a favorable legal environment to attract investment, expand business ties and enhance regional and cross-border cooperation between Russia and Mongolia, said Didigov on a working visit at the invitation of the Parliamentary Standing Committee on Foreign Policy and Security.

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Rajnath Singh's Mongolia visit postponed www.outlookindia.com

New Delhi, Jun 22 The forthcoming visit of Home Minister Rajnath Singh to mongolia has been postponed as he has suffered a hair-line fracture in the left ankle.

Singh was to visit Mongolia next month.

"The home minster's visit has been postponed," a ministry spokesperson said.

Singh had suffered the fracture during a morning walk at his residence on June 18.

The visit was aimed at cementing bilateral ties between the two countries.

Prime Minister Narendra Modi had in 2015 visited Mongolia. A Mongolian delegation, led by Deputy Prime Minister Khurelsukh Ukhna, had met the Union home minister in November last year.

Diplomatic relations between India and Mongolia were established on December 24, 1955. India was the first country outside then Socialist Bloc to establish diplomatic ties with Mongolia.

India had supported Mongolia in getting united nations and Non-Aligned Movement (NAM) berths.

Both the countries share the concern on terrorism.

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China may finance Russia’s natural gas pipeline to Europe www.rt.com

Gazprom’s Nord Stream 2 pipeline may get Chinese financing if European companies are forced out of the project by the latest round of US sanctions, business daily Vedomosti reports.

“Nord Stream 2 has a good rate of return and low risks for creditors. Chinese banks may be interested," explains Aleksey Grivach, deputy CEO at Russia's National Energy Security Fund.

The extension will double the existing pipeline which delivers natural gas to Germany under the Baltic Sea and is estimated to cost €9.5 billion.

Initially, Engie, OMV, Royal Dutch Shell, Uniper, and Wintershall were to get a 50 percent stake minus one share in Nord Stream 2. However, red tape at the European Commission made Gazprom and its partners come up with another financing option. Under this plan, European companies will each provide an equal long-term loan to Gazprom, which will fully own the pipeline.

Financing of Nord Stream 2 may be affected by new US sanctions which target firms investing in Russian gas and oil projects. According to the new bill passed by the US Senate, and currently, before the House of Representatives, companies will be forbidden from making investments of over $1 million in the Russian energy sector.

On Wednesday, Russian President Vladimir Putin met the CEO of Royal Dutch Shell, Ben van Beurden. Among other things, they discussed Nord Stream 2. Van Beurden told Interfax the new project "will be realized for the benefit of all parties - both Europeans and the Russian Federation."

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