1 MONGOLIA-CHINA AGREE TO COLLABORATE IN INCREASING MEAT EXPORT WWW.MONTSAME.MN PUBLISHED:2018/09/21      2 U.S. AND MONGOLIA SEEK TO STRENGTHEN ECONOMIC RELATIONSHIP WWW.STRTRADE.COM PUBLISHED:2018/09/21      3 MONGOLIA, U.S. LEADERS DISCUSS BILATERAL TIES WWW.XINHUANET.COM PUBLISHED:2018/09/21      4 BELT AND ROAD SIGNIFICANT TO MONGOLIA, PEOPLE AROUND WORLD -- ACADEMIC WWW.ENG.YIDAIYILU.GOV.CN PUBLISHED:2018/09/21      5 PETRO MATAD UPDATES MONGOLIA EXPLORATION WWW.OGJ.COM PUBLISHED:2018/09/21      6 RIO TINTO’S EXIT FROM COAL PAYS OFF, TO RETURN $3.2B FROM SALES PROCEEDS TO SHAREHOLDERS WWW.MINING.COM PUBLISHED:2018/09/21      7 OPENING CEREMONY OF SAINSHAND SALKHIN PARK HELD WWW.MONTSAME.MN PUBLISHED:2018/09/21      8 ALIBABA’S MA SAYS TRUMP’S TRADE WAR ‘DESTROYED’ HIS PROMISE TO CREATE JOBS FOR 1MN AMERICANS WWW.RT.COM  PUBLISHED:2018/09/21      9 LEGAL DISPUTE OVER EMC OWNERSHIP COMES TO AN END WWW.ZGM.MN PUBLISHED:2018/09/20      10 ERDENES TAVAN TOLGOI REVENUE SURGES DUE TO HIGHER COAL PRICES WWW.NEWS.MN PUBLISHED:2018/09/20      НУРАХ ДӨХСӨН БАЙРУУДЫГ ШИНЭЧЛЭХ КОМПАНИ ОЛДОХГҮЙ БАЙНА WWW.ZGM.MN НИЙТЭЛСЭН:2018/09/21     МОНГОЛ УЛС ВАШИНГТОН, ПЁНЬЯНЫ ХЭЛЭЛЦЭЭРТ ЗУУЧЛАХАД БЭЛЭН ГЭДГЭЭ ЗАРЛАЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2018/09/21     УЛСЫН ХЭМЖЭЭНД 85.3 МЯНГАН ТОНН ТӨМС ХУРААН АВААД БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/09/21     ЗГ: БУЦАЛТГҮЙ ТУСЛАМЖИЙГ УСНЫ НӨӨЦИЙГ САЙЖРУУЛАХ, ХЭРЭГЛЭСЭН УСЫГ БУЦААН АШИГЛАХАД ЗАРЦУУЛНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/09/21     ҮСХ: УЛААНБААТАРТ АЖИЛЛАГЧДЫН САРЫН ДУНДАЖ ЦАЛИН УЛСЫН ДУНДЖААС 121.7 МЯНГАН ТӨГРӨГӨӨР ИХ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/09/21     МОНГОЛ УЛСЫН ИХ ХУРАЛ, ЕВРОПЫН ПАРЛАМЕНТ ХООРОНДЫН XII УУЛЗАЛТААР ХАМТАРСАН МЭДЭГДЭЛ ГАРГАЛАА WWW.DNN.MN НИЙТЭЛСЭН:2018/09/21     ТӨРИЙН АЛБАНЫ УДИРДАХ АЖИЛТНЫ УЛСЫН ЗӨВЛӨГӨӨН БОЛЖ БАЙНА WWW.UNUUDUR.MN НИЙТЭЛСЭН:2018/09/21     2019 ОНЫГ МОНГОЛ, АМЕРИКИЙН ЗАЛУУЧУУДЫН ЖИЛ БОЛГОНО WWW.EAGLE.MN НИЙТЭЛСЭН:2018/09/21     УУРХАЙЧДЫН АЖЛЫН БАЙР НЭМЭГДЭЖ, ЦАЛИН ӨСЧ БАЙНА WWW.GOGO.MN НИЙТЭЛСЭН:2018/09/20     “ЭРДЭНЭТ”-ИЙН 49 ХУВИЙН ӨМЧЛӨЛ ТОЙРСОН ХУУЛЬ ЗҮЙН МАРГААН ЭЦЭС БОЛЛОО WWW.ZGM.MN НИЙТЭЛСЭН:2018/09/20    

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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‘Mongolia-Russia-China economic and trade cooperation – 2018’ forum to be held www.montsame.mn

Ulaanbaatar /MONTSAME/ ‘Mongolia-Russia-China economic and trade cooperation – 2018’ forum under the theme ‘Establishing economic cooperation corridor based on Belt and Road opportunities’ and SME Cross-Border E-commerce Summit are to take place at the International Convention Center of Erenhot on August 17-19.

The tenth forum will be a major event for intensifying relations and development of neighboring areas of Mongolia, Russia and China and improving trilateral relations and cooperation as agreed by the heads of state of the three countries in the new circumstances of the implementation of China’s initiative One Belt, One Road.

The sides have regarded Erenhot as an active area for further deepening economic and trade exchanges within the One Belt, One Road initiative.
M.Anudari

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Total sown area decreased by 4.2 percent www.montsame.mn

Ulaanbaatar/MONTSAME/ This year, sowing has been made on 501.1 thousand hectares of area nationwide, including 367.9 thousand hectares for wheat, 12.7 thousand hectares for potato, 8.5 thousand hectares for vegetables, 40.9 thousand hectares for fodder plants and 1000 hectares for medicinal herbs.

Compared with the same period of previous year, total sown area decreased by 22.1 thousand hectares or 4.2 percent, thereof the wheat area decreased by 6.1 percent, industrial crops by 13.6 percent, medicinal herbs by 63.2 percent and potatoes area by 14.9 percent. However, fodder crops increased by 60.0 percent and vegetables by 3.9 percent respectively.


M.Unurzul

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Mongolia's central bank buys 8.3 tons of gold www.xinhuanet.com

ULAN BATOR, July 24 (Xinhua) -- The Bank of Mongolia said Tuesday that it had purchased 8.3 tons of gold from legal entities and individuals by July 20 this year, up 14 percent year on year.

As of Monday, the central bank's average gold purchase price was 97.09 tugrik (4 U.S. cents) per gram, corresponding to a low rate on London Metal Exchange, according to experts from the Apex bank.

To encourage gold miners and individuals to sell gold to it and commercial banks, the central bank has carried out a number of measures, including a five-month campaign, "National Gold to the Fund of Treasures", started in May.

The bank's gold purchase is expected to grow as the three-month peak season for gold mining starts in August.

Gold miners submitted 20.01 tons to the central bank in 2017, worth over 800 million U.S. dollars.

The annual gold production has remained below 21 tons since 2005, when Mongolia reached its record high at 25 tons.

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First interchange overpass built by Chinese firm in Mongolia open to traffic www.xinhuanet.com

BEIJING, July 24 (Xinhua) -- The main bridge of the Yarmag overpass in Mongolia’s capital Ulan Bator built by China Railway 20 Bureau Group Co., Ltd. recently opened to traffic. It's the first interchange overpass built by a Chinese firm in Mongolia.

As the largest municipal engineering project currently in Mongolia, the bridge will greatly improve traffic congestion in the capital.

The 4,312.2-meter interchange designed with a two-way, four-lane road is the main route to Chinggis Khaan International Airport and the development zone from downtown Ulan Bator.

After the opening of the Yarmag overpass, the road from the city to the airport will be increased from two lanes to six lanes, and the transit time can be shortened by more than half.

The total investment of the project is 30.26 million U.S. dollars and it enjoyed Chinese government's preferential aid loan and export buyer's credit. It is constructed by the China Railway 20 Bureau Group under a design-procurement-construction general contract.

The project started construction in April 2017 and the construction of the ramp roads and repair of the old bridge will be completed by the end of 2018.

(Edited by Yang Qi, kateqiyang@xinhua.org)

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IAAC submits a grievance to the State Structure Standing Committee www.gogo.mn

On July 23, the Independent Authority Against Corruption (IAAC) filed a complaint with Parliament's State Structure Standing Committee (SSSC) regarding claims made against the agency. A petition against the agency was filed by a group of Members of Parliament, including MP L. Oyun-Erdene, on July 10.

The IAAC has stated that there are no legal grounds to accuse the agency of burying criminal cases, complaints, or information, and that the state's prosecutors and courts exercise the right to resolve criminal cases in line with the Constitution of Mongolia. The IAAC asked the SSSC to review the situation and hold the MPs who submitted the petition accountable for making false claims.

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U.S. says 463 migrant parents may have been deported without kids www.reuters.com

(Reuters) - More than 450 immigrant parents who were separated from their children when they entered the United States illegally are no longer in the country though their children remain behind, according to a joint court filing on Monday by the federal government and the American Civil Liberties Union.

Security officers keep watch over a tent encampment housing immigrant children just north of the Mexican border in Tornillo, Texas, June 20, 2018. REUTERS/Mike
The absence of the 463 parents, which U.S. government lawyers said was “under review,” could impede government efforts to reunite separated families by Thursday, the deadline ordered by a federal judge. The filing did not say why the 463 parents had left the country, but government officials previously acknowledged that some parents had been deported without their children.

As of Monday, 879 parents had been reunited with their children, according to the filing.

About 2,500 children were separated from their parents after the Trump administration announced a “zero tolerance” policy in April aimed at discouraging illegal immigration. The policy was ended in June amid an international outcry about the government’s treatment of immigrant children.

U.S. District Judge Dana Sabraw in San Diego ordered last month that the government had to reunite the children with their parents in a case brought by the ACLU.

On Monday, the government also said 917 parents were either not eligible to be reunited or not yet known to be eligible to be reunited with their child. That number includes parents no longer in the country as well as those deemed unsuitable because of criminal convictions or for other reasons.

Immigration advocates have expressed alarm about parents deported without their children, saying it can create problems with the children’s immigration cases.

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Clough awarded two additional scopes of work for Oyu Tolgoi mine in Mongolia www.clough.com.au

Clough, as part of GCR Mongolia Joint Venture, is pleased to announce that the Joint Venture has been awarded the design, construction and commissioning of the blind sink and concrete line of Shaft No 3 and No 4 and the construction of the Underground Material Handling System for Stage 1 for the Oyu Tolgoi mine located in the southern Gobi Desert, Mongolia.

Clough CEO and Managing Director, Peter Bennett said “We are pleased with the award of these two additional scopes. Clough as part of the GCR Mongolia Joint Venture welcomes the opportunity to continue contributing to the progress of the underground development of the Oyu Tolgoi project”.

Situated in the southern Gobi Desert of Mongolia, approximately 550 kilometres south of the capital, Ulaanbaatar and 80 kilometres north of the Mongolia-China border, Oyu Tolgoi is jointly owned by the Government of Mongolia (34 per cent) and Turquoise Hill Resources (66 per cent,). Since 2010, Rio Tinto has also been the manager of Oyu Tolgoi.

Oyu Tolgoi is one of the most exciting developments in copper and gold mining for several decades. It contains reserves and resources that make it one of the world’s largest known copper and gold deposits. The project is expected to be a significant contributor to Mongolia’s development.

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China launches dumping probe into steel imports from Indonesia, EU, Japan, and South Korea www.rt.com

China’s Commerce Ministry launched an anti-dumping investigation on Monday into stainless steel imports from four countries. Domestic producers have complained that a flood of cheaper products has damaged the local industry.
Dumping is an international-trade term that describes a country or company exporting a product at a price that is lower in the foreign import market than the price in the exporter’s domestic market in order to gain a competitive advantage.

The investigation will target imports of stainless steel billet and hot-rolled stainless steel sheet and plate from the European Union, Japan, South Korea and Indonesia, which nearly tripled last year. The complaint was filed by Shanxi Taigang Stainless Steel, which accounts for 25-35 percent of China’s steel production, and four other mills.

According to the complaint, almost two-thirds of China’s stainless steel imports came from Indonesia last year, up from five percent in 2016 and zero in 2015. That surged to 86 percent in the first quarter, it said.

Imported prices of stainless steel products fell by 23 percent to $1,867 a ton in 2017 from $2,436 a year earlier.

“If we allow these products to continue to enter the Chinese market with low prices and take more market share, sales of China’s domestic products will continue to decrease,” the complaint said.

China, which makes and consumes around half of the world’s stainless steel, imported 703,000 tons in 2017 – up almost 200 percent from a year earlier. Some 98 percent of that came from the regions targeted by the investigation.

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Bituminous coal export increases www.montsame.mn

Ulaanbaatar /MONTSAME/ As of the first half of 2018, export of bituminous coal, copper concentrate, fluorite, iron ore and crude oil made up 83.3 percent of mineral products export.

Bituminous coal export increased by 0.9 million tons, or by USD 126.9 thousand compared with the previous year. 
Mongolia exported 98.9 percent of bituminous coal to China in the first 6 months of 2018.

Export of copper concentrate raised by 0.8 thousand tons, or by USD 249.3 million. Copper concentrate was entirely exported to China.

Although molybdenium concentrate export decreased by 162.3 tons as of the first half of 2018, total value of the export increased by USD 6.1 million. 86.5 percent of molybdenum concentrate was exported to China, 8.2 percent to the Republic of Korea. Export of fluorite increased by USD 53.4 thousand tons or USD 29.9 million. Fluorite price was an average of USD 240.8 per ton in the first six months of 2017 and it increased to USD 328.1 at the same time of 2018. 48.3 percent of fluorite was exported to Russia and 51.5 percent to China.


B.Batchimeg

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Mongolian companies to sell their products on Japanese market www.montsame.mn

Ulaanbaatar /MONTSAME/ During the Mongolia-Japan Business Forum held in Tokyo at the beginning of July, domestic companies signed an agreement for sale of goods on Japanese market.

Specifically, the forum participant ‘Maral Design’ LLC agreed to export leather bags and purses made in accordance with Japanese standards in cooperation with Kawano Japan. Monos group also signed a contract to sell its products to the Japanese market. The organic cosmetics producer ‘Spirit of Nature’ visited the best organic beauty product shopping center of Japan, making product development research and their products will be analyzed by testing laboratory of Japan.

Director of the Commercial Department of the Mongolian Commodity Exchange LLC D.Oyun-Erdene met with authority of a Japanese investor company, which is interested in privatization of stock exchange and made first steps of cooperation.

The Embassy of Mongolia in Japan will promote Mongolian light industry sector to the Japanese market step by step and plans to hold a meeting with representatives of leather industry in September.

B.Misheel

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