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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Ambassador to Mongolia Catherine Arnold at the Queen's Birthday Party 2017 www.gov.uk

Vice Ministers, Members of Parliament, Excellencies, Ladies and Gentlemen, it’s my great pleasure to welcome you here, as we come together to mark the official birthday of Her Majesty the Queen.

No monarch has reigned longer.

At her coronation in 1953 the Queen promised the peoples she served across the globe:

“Throughout all my life, and with all my heart, I shall strive to be worthy of your trust.”

It’s one thing for a 26 year to utter those words. It is another to live by them for the next 65 years; today Her Majesty is Queen of 16 UN member states and head of the Commonwealth of 52 nations.

So I would like you to raise your glasses for the first toast of the afternoon, to Her Majesty: [The Queen]

Birthdays are a moment to celebrate. And there is much to celebrate in the last year of relations between Mongolia and the UK. Polo, countering the illegal wildlife trade, enhancing export standards, strengthening mental health care, championing women’s rights, the UK and Mongolia are working together here, in the UK, and globally on things that matter to us, that matter to Mongolia, and that matter to the world we all live in.

That wouldn’t be possible without the dedicated embassy team and without all of you, our friends, colleagues and partners. Each of you is here because of what the UK and Mongolia are doing together. And the number and diversity of you says more than words. Thank you.

But birthdays are also a moment to reflect. Reflect on what has changed. What has stayed the same. What has happened. The Queen’s Birthday is no exception.

As the oldest and longest reigning monarch in the world, Her Majesty’s Birthday allows us a particularly long period of reflexion. 91 years to be precise.

But does any of us truly understand what 91 years means? To bring it to life I’m going to quote a short extract from two things that were written in 1926, the year Her Majesty was born.

The first is from a car manual:

The engine is started by the lifting of the crank at the front of the car. Take hold of the handle and push firmly toward the car till you feel the crank engage, then lift upward with a quick swing. With a little experience this operation will become an easy matter.

Fortunately, none of you arrived today having had to use a starting-crank. The beautiful Range Rovers at the entrance demonstrate far better than my speech just how much technology has changed over Her Majesty’s life – and I would like to thank Jaguar Land Rover for their sponsorship of today’s celebration.

The second extract comes from the British children’s classic Winnie the Pooh, also written in 1926:

“Well,” said Pooh, “what I like best,” and then he had to stop and think. Because although Eating Honey was a very good thing to do, there was a moment just before you began to eat it which was better than when you were, but he didn’t know what it was called.”

All of us will recognise immediately that moment that so confused Pooh. As the kaleidoscope of technology changes around us, human nature remains stubbornly constant.

That said, I know you won’t have Pooh’s feeling when you visit our sponsor Portmeirion in the Shangri-La mall - as I hope you all will. I thank Portmeirion today, and every time I have tea in my favourite cup. I am never disappointed.

Change and continuity. Which brings me to the last of my three birthday reflexions: what has happened.

A lot in the last year. Since I last stood here both of our countries have had parliamentary elections. And the UK has voted to leave the European Union - a perfect example of continuity and change.

The UK is exiting the EU. But we are not leaving Europe – that would be impossible, our culture, our values and our geography are inextricably entwined with our friends on the Continent.

The UK’s outward looking engagement with the world will also remain unchanged.

Our sponsor Holiday Inn, part of UK InterContinental Hotels Group PLC, is a perfect example of that. IHG’s origins lie in the founding of the Bass Brewery in 1777. Last year I was delighted to open Holiday Inn in Mongolia 9000km and 239 years later - a place that will further invigorate Mongolian business and tourism.

The UK’s global engagement is clear. We remain the only G7 country to have met our UN commitment to spend 0.7% of GNI on overseas development. We have the largest defence spend in Europe. And our universities will continue to foster some of the world’s greatest minds; the only countries to have more Nobel Prize winners than my university, Cambridge, alone has nurtured, are the US, UK and Germany, in that order. Of all the world’s heads of state and government, one in every seven was educated in Britain.

But as the Queen celebrates another birthday, we should pause for one final reflexion. Her Majesty is the only living head of state to have served in World War II. Shortly after her 18th birthday the then Princess Elizabeth trained as a war-time mechanic and truck driver.

3 weeks ago, over 70 years later, Her Majesty toured the wards of Manchester’s Children’s Hospital. She was there to talk with children who had been blown up leaving a concert.

Terrorism stalks the world. And today we remember those affected in recent weeks.

But I also want us to reflect on our personal response.

After the horrific attack, many thousands of people gathered in the central square in Manchester to commemorate the 22 who died and the dozens of injured. After the silence, the crowd struck up a song by Manchester band Oasis: don’t look back in anger.

We stand here today, the UK and Mongolia, as proud democratic nations. Let me conclude with something else the Queen said on her coronation day.

“Parliamentary institutions, with their free speech and respect for the rights of minorities, and the inspiration of a broad tolerance in thought and expression — all this we conceive to be a precious part of our way of life and outlook.

I ask you now to cherish them — and practice them too; then we can go forward together in peace, seeking justice and freedom for all men.”

Politics, events, what happens are shaped by people. We each have a personal part to play. We can choose to engage, to counter the narratives of hate, whatever mask they wear, whether of religion, ideology or nationalism.

Or we can choose to stand by and watch.

Each of us is here today because we have influence and, in different ways, power over narratives or people. As we make our choice each day, let us think of that 26 year old Queen:

“Throughout all my life, and with all my heart, I shall strive to be worthy of your trust.”

May we strive to be worthy of the trust of those over whom we have influence.

Thank you.

 
 
 
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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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