1 VOLKSWAGEN TO SPEND $50 BILLION ON ELECTRIC CAR 'OFFENSIVE' WWW.CNN.COM PUBLISHED:2018/11/19      2 HABITABILITY OF MONGOLIA UNDER THREAT FROM CLIMATE CHANGE WWW.ADELAIDENOW.COM.AU PUBLISHED:2018/11/19      3 THE SURPRISE FUEL FLOWS SPARKED BY A RAGING U.S.-CHINA TRADE WAR WWW.BLOOMBERG.COM PUBLISHED:2018/11/19      4 MONGOLIA’S COAL EXPORTS IN FIRST 10 MONTHS UP 10PC WWW.XINHUANET.COM PUBLISHED:2018/11/19      5 ABOUT 100 THOUSAND PASSENGERS PASSED THROUGH MONGOLIA-XINJIANG BORDER WWW.MONTSAME.MN PUBLISHED:2018/11/19      6 CHINA'S ‘ONE BELT, ONE ROAD’ GLOBAL INVESTMENT PLAN MAPPED OUT WWW.RT.COM PUBLISHED:2018/11/19      7 ASIA SUMMIT ENDS IN HISTORIC FAILURE WWW.CNN.COM PUBLISHED:2018/11/19      8 INAUGURATION OF SHERAB KYETSEL LING INSTITUTE WWW.DALAILAMA.COM PUBLISHED:2018/11/19      9 US-MONGOLIA 'THIRD NEIGHBOR TRADE ACT' ON THE WAY WWW.THEDIPLOMAT.COM PUBLISHED:2018/11/17      10 CHINA'S FIGHT AGAINST SMOG MAKES PALLADIUM 2018'S BEST METAL WWW.MINING.COM PUBLISHED:2018/11/17      БНХАУ-ЫН ОЛОН УЛСЫН ИМПОРТЫН ҮЗЭСГЭЛЭН БНХАУ-ОХУ-ЫН БИЗНЕСИЙН ХАРИЛЦААГ ӨРГӨЖҮҮЛЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/11/19     АМЧАМ МОНГОЛ 2018 ОНЫ ЖИЛИЙН ТАЙЛАНГИЙН ХУРЛАА АМЖИЛТТАЙ ЗОХИОН БАЙГУУЛЛАА WWW.IKON.MN НИЙТЭЛСЭН:2018/11/19     ЗЭСИЙН ЗАХ ЗЭЭЛД ЦОЙЛУУЛАХ ХАРМАГТАЙ WWW.DNN.MN НИЙТЭЛСЭН:2018/11/19     ГАШУУНСУХАЙТ АВТО ЗАМ ХХК: БЯМБА ГАРАГТ ГАШУУНСУХАЙТ-ГАНЦМОД БООМТООР НҮҮРС ТЭЭВРИЙН 99 АВТОМАШИН НЭВТЭРСЭН WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/11/19     НЭГ АЖИЛТАНД НОГДОХ ДНБ III УЛИРЛЫН БАЙДЛААР 3.7 САЯ ТӨГРӨГ БОЛЖ ӨСЖЭЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/11/19     ХЯТАДЫН ХЯЗГААРЛАЛТ $300-450 САЯЫГ ГАЦААНА WWW.ZGM.MN НИЙТЭЛСЭН:2018/11/19     АЗЕРБАЙЖАН УЛС МАНАЙД ДАРС НИЙЛҮҮЛЭХЭЭР БОЛЛОО WWW.UNUUDUR.MN НИЙТЭЛСЭН:2018/11/19     ШУУДАН, ХАРИЛЦАА ХОЛБООНЫ САЛБАРЫН ОРЛОГО ОНЫ ЭХНИЙ 9 САРД 21.4 ХУВИАР ӨСӨВ WWW.GOGO.MN НИЙТЭЛСЭН:2018/11/19     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    

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 to deliver test batch of nuclear fuel to US reactor in 2019 www.rt.com

Russia’s nuclear fuel company has launched production of fuel assemblies for a nuclear reactor in the US. The first test batch of fuel assemblies is scheduled to be delivered to the US in 2019, a senior company official has said.

TVEL, the fuel supply wing of the Russian State Atomic Energy Corporation, Rosatom, has begun production of TVS-KVADRAT (FA-SQUARE), the new fuel type designed for PWR (pressurized water reactor) plants of Western design.

“A contract on test-industrial operations with one of the US [nuclear power plants] operators is already signed, and we’ll deliver test batch of TVS-KVADRAT fuel assemblies in 2019,” TVEL's Senior VP for Commerce and International Business, Oleg Grigoriev, told reporters at a news conference during the Atomexpo-2017 forum on Tuesday.

TVEL has already received all the necessary documents from the US plant operator enabling the company to adopt Russian fuel for the US reactor.

“We’re determined to sign another contract on test-industrial operations this year with another major US nuclear power plant operator. In all, there’re five companies in the consortium which supports the TVS-KVADRAT program in the US,” Grigoriev added.

Apart from the contract with a US nuclear power plant operator, TVEL signed an agreement last year on commercial delivery of TVS-KVADRAT fuel to Swedish Vattenfall Nuclear Fuel AB which operates the Ringhals nuclear power plant. The commercial deliveries for Sweden are scheduled to start in 2021, according to Grigoriev.

The TVS-KVADRATs are currently produced in volumes needed to meet the demand of the two companies, but TVEL might expand its production if needed.

“There’re possibilities for scaling the production up. It will depend on the market demand,” Grigoriev told reporters on Monday.

The TVS-KVADRAT fuel type is being produced at JSC Novosibirsk Chemical Concentrates Plant. The fuel assemblies derive its name from it being square in section, to be compatible with western pressurized water reactors.

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Cabinet reviews pension increases and student loan program www.theubpost.mn

Cabinet met on June 20, and reviewed pension increases, the state’s student loan program, and other issues.

During the meeting, ministers discussed changes to an agreement on labor made between the Government of Mongolia, the Confederation of Mongolian Trade Unions, and the Employers’ Federation. Following the discussion, they agreed to increase pension rates on January 1, 2018.

Deputy Minister of Finance Kh.Bulgantuya said that the average pension rate will be raised by 11 percent, and that 161 billion MNT will be required for pension payments.

Deputy Minister of Education, Culture, Sciences, and Sports Yo.Otgonbayar stated that regulations for the state’s student loan program have been changed. Under the previous regulations, only students who were enrolled full-time in a bachelor’s degree program were eligible to take out a student loan, but the new regulations allow part-time bachelor’s degree, master’s, and PhD students to apply for the program as well. He emphasized that the old regulations only allowed students to get a loan from a bank in their place of permanent residence, but the new regulations allow students to take out a student loan from any bank.

The Deputy Minister noted that the student’s sponsor for a loan application can now be a family member with the changes made to the program’s regulations, or a Mongolian national who wants to help the student can assist by co-signing the loan. He added that students under the age of 18 can apply for a student loan with the help of a sponsor, and that the children of herders can apply for a student loan with terms and conditions specific to herder households.

Yo.Otgonbayar stated that applications for the student loan must be accompanied by seven different documents, but that under the new regulations, a bank can accept the documents in digital format for application review. He added that 41,000 students will now have the opportunity to apply for a student loan thanks to the changes that have been made to the program.

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Declan Magee: ADB is building road project in Western aimags www.mongolia.gogo.mn

Declan Magee, Senior Economist, Asian Development Bank attended the 2nd annual BCM Summit and gave a presentation on Meeting Asia’s Infrastructure Needs. 

Key messages of his presentation was as follows;
Developing Asia needs $26 trillion (in 2015 prices), or $1.7 trillion per year, for infrastructure investment in 2016-2030
Without climate change mitigation and adaptation, the needs are $22.5 trillion, or $1.5 trillion per year
These are more than double ADB 2009 estimates
The infrastructure investment gap varies across country
Both public and private sectors must increase infrastructure finance reforms are key.
We made a short interview with Declan Magee and touched issues on promoting the involvement of private sectors in infrastructure projects, the most challenging issue in the development of Mongolia`s infrastructure sector and major infrastructure project that is planning to be implemented by ADB in Mongolia in near future.

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State prize - winning film to open Naadam Festival www.montsame.mn

Ulaanbaatar /MONTSAME/ State Prize Laureate, State Honored Cultural Figure E.Choidog’s film score for 1961 documentary ‘Exquisite Mongolia’ will resound at the opening ceremony of traditional Naadam festival this year.

On June 20, Tuesday, German Ambassador Stefan Duppel handed over a copy of the original partitur which is kept in the archive of German DEFA studio to Deputy Prime Minister U.Khurelsukh.

First recorded in the DEFA studio in 1961, the original partitur wasn’t stored in Mongolian musical repertoire.

The Deputy Prime Minister who is heading the Commission in charge of Naadam celebration had made a request to the German side so as to play the film score at the Naadam opening ceremony on July 11.

Expressing his gratitude to the German Ambassador and other officials who made efforts to bring the partitur to Mongolia, Deputy Prime Minister U.Khurelsukh gifted a Morin Khuur.

The ‘Exquisite Mongolia’ documentary film was co-produced by Mongolian Film Factory and the DEFA studio in 1961 in dedication to the 40th anniversary of People’s Revolution.

E.Choidog’s ‘Exquisite Mongolia’ film score is one of the works that won him State Prize.

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Different breeds of sheep to be raised in Mongolia www.montsame.mn

Ulaanbaatar /MONTSAME/ With an aim to improve sheep quality, the Ministry of Food, Agriculture and Light Industry has brought in 657 sheep of Suffolk, Berrichon, Romanov and Merino breeds.

These high-grade sheep will be used in Mongolian agriculture in accordance with the breeding strategy and policy. “Taishir-Urguu” LLC was selected as the first one to use them for breeding. The offspring of these sheep will be provided by order to private entities engaged in meat and wool production.

Romanov breed: The ewe produces twins with almost each birth. Therefore, Romanov is highly convenient for mass producing muttons. Due to its high reproduction rate, sheep farmers breed Romanov sheep with Suffolk breed sheep. As a result, lambs in spring weight around 60 kg. This requires 4 months of pasture and 2 months of feedings.

Suffolk breed: Suffolk breed ram have average weight of 120-140 kilograms, while the ewes have 70-90 kilograms. A 6-month-old lambs weight equal to 3-year-old Mongolian sheep. Also, these sheep yield 4-5 kilograms of wool.

Merino breed: With an average weight of 130 kilograms for ram and 80 kilograms for ewe, these sheep yield 4.5 to 6.6 kilograms of wool.

Berricon du Cher: A hundred ewes of Berricon du Cher sheep produce around 160-180 lambs in average. Although the number is less than Romanov breed, this breed is highly convenient for breeding. The meats of Berricon du Cher are considered high-quality among other breeds and rams weight 100-140 kilograms, while ewes weight 60-70 kilograms. These sheep grow around 341 kilograms of wool per day and yield 4.5 kilograms of wool.

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Mongolian president congratulates baritone for winning BBC Cardiff Singer of the World www.xinhuanet.com.cn

ULAN BATOR, June 20 (Xinhua) -- Mongolia's President Tsakhiagiin Elbegdorj has congratulated a Mongolian baritone via Twitter for winning the Song Prize Trophy at the prestigious BBC Cardiff Singer of the World competition.

Ariunbaatar Ganbaatar, 29, won the Song Prize Trophy together with Scotland's Catriona Morrison on Saturday at the BBC Cardiff Singer of the World 2017.
Having joint winners of the Song Prize is an unusual event for the BBC stage.
Ganbaatar, winner of the 15th International Tchaikovsky Competition and laureate of the Chinggis Khaan Order of Mongolia, closed the Song Prize finals by singing the famous "The Steppes of Mongolia" by Sharav, a renowned Mongolian composer.
The BBC Singer of the World competition, the launch pad for many operatic careers, is held every two years.

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Launch of new Mongolia - Hungary transit service www.transportjournal.com

Transcontainer, Far East Land Bridge (Felb), RZD Logistics and ZSSK Cargo have established a new container transit service from China to Hungary across Mongolian, Russian, Ukrainian and Slovakian territory.

The first freight train departed from Changsha (China) and arrived in Budapest last week (wk 24).

The overall transit time across the countries with the 1,520 mm track gauge was 13 days. The trip across Mongolia took 3 days, seven days were needed to cross Russia and three for Ukraine.

Felb operated the service, RZD Logistics forwarded the freight and Transcontainer provided the rolling stock. (ben)

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Rio Tinto in search of next Oyu Tolgoi in Mongolia www.mining.com

Mining giant Rio Tinto (LON:RIO) and its Canadian affiliate Turquoise Hill (TSX:TRQ) are once again exploring Mongolia’s metals-rich Gobi desert, following the country’s renewed efforts to attract foreign investment.

Last month, the landlocked country bordering China and Russia decided to open more than one-fifth of its territory for mining exploration, hoping to shore up its finances following an International Monetary Fund-led bailout.

Since mining accounts for around 25% of Mongolia’s GDP and more than 80%of exports, experts believe that increasing mining exploration could potentially raise the Asian nation’s GDP and economic security.

Mongolia also revoked a controversial banking law that would have required companies including Rio Tinto — the country’s biggest investor — to funnel all sales revenues from foreign investment projects through local banks and proposed the wider exploration area.

"I can confirm that we have an exploration drilling programme in licenses outside of the Oyu Tolgoi licenses," Turquoise Hill spokesperson Tony Shaffer told Reuters Tuesday. The Rio-controlled firm holds a 66% stake in the Oyu Tolgoi project. The Mongolian government owns the rest.

While Oyu Tolgoi is the country's highest profile mining operation, Mongolia hosts a number of other copper, gold and coal mines and projects, including Canada’s Erdene Resource Development (TSX:ERD), the company that literally struck gold earlier this year after finding its new gold project was richer than previously thought.

Australian explorer Xanadu Mines (ASX:XAM) is also among the established companies in Mongolia, with its underway Kharmagtai copper-gold project, south-east of Ulaanbaatar, returning exceptional results in the first months of this year.

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Ford to move US production of Focus to China www.bbc.com

 
Ford is to move US production of its new Ford Focus car to China in 2019, despite having faced pressure to keep manufacturing jobs in America.
The carmaker said the decision would not lead to layoffs in the US.
But the move marks another change to its plans for producing the new Focus.
The firm in January scrapped plans to move US production to a new $1.6bn (£1.3bn) plant in Mexico after criticism from Donald Trump.
Currently, Ford makes its Focus cars in Michigan, Germany and in China.
But it has seen sales of the model fall in the US, while demand for larger vehicles remains.
It was planning to move US production of the Focus to a new factory near San Luis Potosi in Mexico.
That decision drew fierce criticism from the US president, who has routinely blasted car makers and other companies for importing goods from other countries, including China and Mexico.
In January, Ford said it would abandon the new factory and move production to an existing plant in Hermosillo, Mexico instead. At the time, the company said it would use the savings to invest at a different plant in Michigan working on electric cars.
But Tuesday's announcement means Ford will make the new Focus in China, instead of Hermosillo - producing $500m in savings.
The move to China will not affect employment levels in Hermosillo, which produces other models, said spokeswoman Kelli Felker. It also does not affect the plans for the additional investment in Michigan, she said.
The Michigan plant currently producing the Focus will switch to making trucks in 2018, with the same number of hourly workers, the firm said.
Ford also said it would invest $900m to retool an SUV plant in Kentucky.
Ford updated the White House about its new plans on Tuesday, Ms Felker said. She said the firm had been considering the move for some time.
White House spokesman Sean Spicer on Tuesday said Ford's plans - which could have a large impact on US parts suppliers - underscored the need for tax reform, to help make domestic manufacturing more competitive.
New leadership
The investments are some of the first announced under new leadership at Ford.
The company named Jim Hackett as the new chief executive in May after pressure from shareholders to improve the firm's performance.
Joe Hinrichs, an executive vice president at Ford, said the savings from the move to China would allow the firm to invest in parts of the business that are growing, such as SUVs, electric cars and other areas.
"Finding a more cost-effective way to deliver the next Focus program in North America is a better plan, allowing us to redeploy the money we save into areas of growth for the company," he said.
Ford sold about 67,150 Focus cars in the US in the first five months of 2017, down almost 20% from 2016.
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New transit service across Mongolia and Slovakia www.railwaypro.com

TransContainer, Far East Land Bridge (FELB) and RZD Logistics have successfully introduced a new transit container service from China to Hungary across the territory of Mongolia, Russia, Ukraine and Slovakia.

The first freight train, which consisted of 41 40-foot containers with clothes, electronics and various equipment, departed from Changsha (Hunan province) on 27 May and arrived in Budapest (Hungary) on 15 June. Customs clearance of goods, phyto-measures, as well as cargo transshipment to a narrow gauge were fulfilled at TransContainer terminal in Dobra (Slovakia). The overall transit time across the territory of countries with track gauge of 1520 mm was 13 days.
FELB operated the service, RZD Logistics forwarded the freight across Russia and TransContainer provided the rolling stock, equipment and terminal service for cargo processing. ZSSK Cargo – the subsidiary company of Železnice Slovenskej republiky – became the project’s partner.
“We believe that clients who need to deliver cargo to Central and South Europe will be especially interested in this service. The successful experience of transportation across this route allowed to reduce the transit time by several days, whereas due to our own capacities in Dobra customs processing and transshipment to European track gauge are fulfilled in much shorter time”, Sales and Business Development Director of PJSC TransContainer Alexander Podylov, said.

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