1 VALE EVACUATES 200 PEOPLE FROM TOWN NEAR ITS MAR AZUL MINE WWW.MINING.COM PUBLISHED:2019/02/17      2 TOOTH PLAQUE SHOWS DRINKING MILK GOES BACK 3,000 YEARS IN MONGOLIA WWW.SCIENCENEWS.ORG  PUBLISHED:2019/02/17      3 INCREASING NUMBER OF CHINA-EUROPE FREIGHT TRAINS SUPPORTS MONGOLIA'S ECONOMY: OFFICIAL WWW.XINHUANET.COM PUBLISHED:2019/02/17      4 TAX REVENUE INCREASES BY 33.7 PERCENT WWW.MONTSAME.MN PUBLISHED:2019/02/17      5 COPPER MINER'S $10B BET COMES TO LIFE IN PANAMA JUNGLE WWW.MINING.COM PUBLISHED:2019/02/15      6 TRADE UNIONS REQUEST PM TO FOCUS ON INTEREST RATE CUT WWW.ZGM.MN PUBLISHED:2019/02/15      7 MONGOLIA’S HOURLY WAGE TO REACH USD 1 WWW.NEWS.MN PUBLISHED:2019/02/15      8 US NARCOTICS BY POST TO MONGOLIA! THREE ARRESTED WWW.NEWS.MN PUBLISHED:2019/02/15      9 WRITER D.URIANKHAI NOMINATED FOR THE NOBEL PRIZE WWW.MONTSAME.MN PUBLISHED:2019/02/15      10 MONGOLIA-CHINA-RUSSIA ECONOMIC CORRIDOR BENEFITS ALL SIDES: OFFICIAL WWW.XINHUANET.COM PUBLISHED:2019/02/15      “ОЮУ ТОЛГОЙ” КОМПАНИ 570 ТОННЫ ДААЦТАЙ CAT БРЭНДИЙН ГИДРАВЛИК ЭСКВАТОРООР ХҮЧЭЭ СЭЛБЭЛЭЭ WWW.GOGO.MN  НИЙТЭЛСЭН:2019/02/15     ӨРХИЙН САРЫН ДУНДАЖ ОРЛОГО 78,000 ТӨГРӨГӨӨР ӨССӨН Ч ЗАРЛАГА ДАВСАН ХЭВЭЭР БАЙНА WWW.IKON.MN НИЙТЭЛСЭН:2019/02/15     АВСТРАЛИЙН ЭЛЧИН САЙД ДЭВИД МЭТЬЮ ВОСЭН ИТГЭМЖЛЭХ ЖУУХ БИЧГЭЭ ӨРГӨН БАРИВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2019/02/15     2018 ОНД МОНГОЛ УЛСЫН ЭДИЙН ЗАСАГ 6.9 ХУВИАР ӨСЛӨӨ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2019/02/15     МХБ: II/15-НЫ БАЙДЛААР 8 КОМПАНИ ХЭХ-ЫН ТОВОО ГАРГААД БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2019/02/15     2017 ОНД 1.9 ТЭРБУМ ТӨГРӨГИЙН АЛДАГДАЛТАЙ АЖИЛЛАСАН “УЛААНБААТАР БҮК” 2018 ОНД 566 САЯ ТӨГРӨГИЙН АШИГТАЙ АЖИЛЛАВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2019/02/15     ОРХОН ТҮҮХИЙ НҮҮРСНЭЭС ТАТГАЛЗСАН АНХНЫ АЙМАГ БОЛНО WWW.UNUUDUR.MN НИЙТЭЛСЭН:2019/02/15     АТГ-ААС НЭР БҮХИЙ 6 ШҮҮГЧИЙГ ШАЛГАЖ ЭХЭЛЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2019/02/15     МОНГОЛ УЛС ДЭЛХИЙН 77 ОРОНД БАРАА ЭКСПОРТОЛСНООС ХЯТАДАД 93%-ИЙГ НЬ НИЙЛҮҮЛЖЭЭ WWW.IKON.MN  НИЙТЭЛСЭН:2019/02/14     АВТО МАШИНЫ ИМПОРТ 2018 ОНД 30% ӨСӨЖ, 86,296-Д ХҮРЧЭЭ WWW.IKON.MN  НИЙТЭЛСЭН:2019/02/14    

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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Mongolia, DPRK agree to further expand ties www.xinhuanet.com

ULAN BATOR, Dec. 9 (Xinhua) -- Mongolian Foreign Minister Damdin Tsogtbaatar and his Democratic People's Republic of Korea (DPRK) counterpart, Ri Yong Ho, have agreed to further strengthen bilateral ties between their countries, the Mongolian Foreign Ministry said Sunday.

Ri arrived in the Mongolian capital of Ulan Bator on Saturday for a two-day visit at the invitation of the Mongolian foreign minister.

The two foreign ministers exchanged views on expanding bilateral cooperation at the regional and international levels and in various sectors such as politics, trade, sports and education, and other issues of mutual concern, the ministry said in a statement.

During the talks, Tsogtbaatar said that all relevant parties should cooperate closely to realize a completely denuclearized Korean Peninsula and solve any controversial issues in the region through negotiations.

For his part, Ri said that the DPRK adheres to the denuclearization of the peninsula, noting that strengthening mutual trust is now crucial in the region.

Mongolia and the DPRK established diplomatic ties in 1948.

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TRADE AND INVESTMENT OPPORTUNITIES IN INDIA www.mongolianbusinessdatabase.mn

Embassy of India in Ulaanbaatar in collaboration with Mongolian National Chamber of Commerce and Industry [MNCCI] is organizing a Seminar on “Trade and Investment opportunities in India” on 12th December, 2018.

The objective of the Seminar is to give the opportunity to entrepreneurs of Mongolia to look India for trade and Investment in the sector of Agriculture, Dairy, Pharmaceuticals, Tourism, Education, and Spices, Tea, Coffee etc. This Seminar will give opportunities to Mongolian companies to obtain information on Indian Economy, Business opportunities available in India, Trade and Investment environment in Mongolia as well as for the local entrepreneurs and organizations to learn more about Indian trade with Mongolia. You are kindly requested to disseminate this information among members of your organization and encourage them to participate in the event. Half Day event will be followed by Indian lunch.

You may register to the Seminar by email at commerce.ulaan@mea.gov.in & or by calling at +976-70132248 [Mr. Boldoo, Marketing Assistant] and for any other information related to the Summit.

Venue: Mongolian National Chamber of Commerce and Industry, 
1st floor Auditorium Date: 12th of December, 2018. 1000 hrs

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Neil Saker: 2018 Budget predicted to show positive balance www.montsame.mn

Ulaanbaatar /MONTSAME/ On December 6, G.Zandanshatar, Head of the Cabinet Secretariat met with Neil Saker, the International Monetary Fund's (IMF) Resident Representative for Mongolia.

At the meeting, the sides exchanged views on current conditions of the state budget and banking and finance sector of Mongolia.

The Head of the Cabinet Secretariat noted Mongolia’s involvement in the IMF’s Extended Fund Facility (EFF) program brought accelerated economic growth, improvement in the public budget balance and more investment. He also said the Government of Mongolia endeavours to decrease budget deficits and to diversify the economy by improving budget discipline and reducing expenditures.

Mr. Neil Saker expressed IMF’s satisfaction at Mongolian Government’s successful implementation of the EFF program, highlighting the 2018 State Budget is predicted to show a positive balance.

The parties also shared information about Mongolia’s export policy and economic growth.

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Researchers propose a new theory to explain iron-oxide concretions found in Utah and Mongolia www.phys.org

A team of researchers from Japan, Mongolia and the U.K. has developed a new theory to explain the origin of iron-oxide concretions (hard, solid masses) found in Utah and Mongolia. In their paper published in the journal Science Advances, the group describes their theory and how well it tested.

People have known about the iron-oxide balls found in Utah for hundreds, if not thousands of years—they are often referred to as Moqui marbles after the local Indian tribe. But how the small spheres came to exist is a mystery. It is the same story with the little balls in Mongolia. Interest in both has spiked in recent years due to the "blueberries" (hematite spherules) found on Mars back in 2004—many geologists believe they developed in the same way as the balls on Earth. In this new effort, the researchers suggest they may have solved the mystery of their origin on Earth, and by extension, on Mars, as well.

The researchers started by looking at samples of the balls using X-ray diffraction and optical microscopes. This allowed them to get a good look at the cores of the balls. After studying the makeup of the interior of the balls, the researchers concluded that they were first nothing but sandstone (mostly calcite). But then, the sandstone was very slowly dissolved by acidic water rich in iron, resulting in the formation of the balls, which notably have calcite cores. The researchers next conducted lab experiments designed to make similar balls using the same process. They report that their efforts were successful.

The researchers suggest their findings offer evidence of flowing water on Mars during the time the "blueberries" came to exist. They note the lack of a calcite core does not mean it was never there—such cores could very easily have vanished due to over-wash flowing through the rock. They further suggest that such an occurrence would also explain the dearth of carbonate on Mars' surface—it would have been dissolved as part of the process that led to the creation of the blueberries.

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Views shared on Mongolia-the U.S.A relations and cooperation www.montsame.mn

Ulaanbaatar/MONTSAME/ On December 3, the Ministry of Foreign Affairs organized a regular consultative meeting of staffs of the Mongolian government institutions, who work in charge of relations affair with the U.S.A.

The consultative meeting involved about 20 representatives of over 10 organizations, including the Parliament, government, ministries and agencies, with the presence of diplomats of the US Embassy headed by Charge d’ affaires a.i Manuel P.Micaller.

In his opening speech, State Secretary of the Ministry of Foreign Affairs D.Davaasuren emphasized that Mongolia has been developing active relations and cooperation with its third neighbor –the U.S.A. "In particular many important events have been occurred in 2018 including the visit of Mongolia Prime Minister to the U.S.A, elevation of bilateral relations into expanded comprehensive partnership, signing of a roadmap for expanded economic partnership and the MCC USD350 million Compact as well as others."

He also asked the representatives to collaborate for making preparations for regular political consultative meeting between the two countries to be held in Washington early 2019.

During the meeting, representatives reviewed the events happened between the two countries in 2018 and exchanged views on measures to be implemented in 2019 to expand the bilateral cooperation.

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Parliament fails to form quorum as MPs boycott Speaker www.zgm.mn

Parliament was scheduled to appoint the next Minister of Food, Agriculture and Light Industry, and discuss the amendments to the Minerals Law at its plenary session yesterday; however, both discussions had to be postponed due to failure to form quorum as four Members of the Parliament (MPs) staged a sit-in and demanded Speaker Enkhbold Miyegombo to submit his resignation letter. Blaming the absentees for interfering with the continuity of Parliament operation, MP Enkh-Amgalan Luvsantseren requested the Parliament to issue a demand to MPs that were not present at the session.

A quorum is reached when at least 39 out of 76 parliamentarians attend the session. However, 40 MPs submitted a petition to not attend plenary sessions until the Parliament Speaker resigns from his position last month. Continuing on to the next stage of protest, MP Bold Luvsanvandan, Batzandan Jalbasuren, Oyun-Erdene Luvsannamsrai and Ayursaikhan Tumurbaatar staged a sit-in; thus, the Speaker received the four members to listen to their demand. The protesting MPs stressed, “We are organizing a sit-in because we think the Parliament Speaker has violated the Constitution. The evidence of Mongolian People’s Party authorities discussing to selloff public positions to raise MNT 60 billion was disclosed during the 2016 Parliamentary Election. Speaker Enkhbold was involved in the case and we perceive you are unqualified to act as the Parliament Speaker. If you do not, we will move onto the next stage of protest.”

• A quorum is reached when at least 39 out of 76 parliamentarians attend the session.

• MPs refuse to attend plenary session over Speaker's involvement with MNT 60 billion sell-off case.

• Speaker expresses willing to take responsibility after the court rules against him.

Speaker Enkhbold responded, “The law clearly states five instances of ousting the Parliament Speaker. You need to address the issue in accordance with the law of Mongolia. Regarding the MNT 60 billion sell-off case, I am not against organizing a public hearing; however, it is not possible to hold a public hearing on a case that is currently under investigation. The President also submitted a request to the Constitutional Court. I am willing to take any responsibility after the court ruling.” With the failure to form a quorum, the Parliament decided to postpone several items on the order paper. Thus, the Parliament is expected to discuss the appointment of the Minister of Food, Agriculture and Light Industry, as well as the Minerals Law, which is expected to extend 2.5 percent gold royalties for five years, today.

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IAAC discloses violations in SME Development Fund www.zgm.mn

On the occasion of the upcoming international Anti-Corruption Day, the Independent Authority Against Corruption (IAAC) held a discussion under the theme “Small and Medium-sized Enterprises (SME) Development Fund: Issue and Solution” yesterday. At the discussion, the IAAC disclosed some of the inspection results on SME Development Fund.

A spokesperson of the Bank of Mongolia (BoM) said, "SMEs play significant role in food, agriculture and light industry sector, as well as business activation. For instance, SMEs account for 60,330 out of about 78,000 private entities with active operations. These companies employ 43 percent of total workforce.”

Statistics show that SMEs amount to 17.6 percent of Mongolia’s GDP and 2.3 percent of export. As of today, over 900,000 people are employed by SMEs.

The Government, under the 2016-2020 Platform Program, is implementing both financial and non-financial measures to develop SMEs. As for financial support, the Government granted MNT 835.1 billion worth soft-loans to 7,536 lenders from the SME Development Fund since 2009, as well as MNT 130.6 billion from Local Development Funds to 7,536 borrowers.

On the contrary, the accessibility to SME Development Fund stands at about 20-30 percent according to Deputy CEO of Mongolian National Chamber of Commerce and Industry (MNCCI) Sarandavaa Myanganbuu. “SMEs have to prepare over 30 different documentations from nine Government bodies and go through 36 processes just to draw loan from SME Development Fund. In average, SMEs spend MNT 200,000 - MNT 1.5 million and 33 days just to request a loan. About 60 percent of loan issuers are small loan requesters of up to MNT 100 million.”

Furthermore, Mr. Sarandavaa disclosed that State and ministry officials account for 80 percent of total SME Development Fund loaners. “Previous lessons show that financial support alone is not enough to develop SMEs. They need consultative services that will coordinate their projects with the possibility of success. A study conducted in 2017 that involved over 2,500 SMEs suggested revision to Laws on tax, labor and SMEs. Also, it shows that the current legal environment has the highest pressure on middle-sized enterprises,” addressed Mr. Sarandavaa.

In addition, the IAAC has conducted an inspection on SME Development Found and found five violations, which were disclosed at the discussion. These are:

Granting loans without proper selections;

High-risks on the repayment of granted loans;

Loan issuance to unclear project implementation date;

No penalties to overdue repayments;

Lack of monitoring and accountability.

Participants also highlighted the lack of transparency of information on project loans, which grants more accessibility to people close to the information.

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Another Mongolian sumo assault scandal www.news.mn

The Japan Sumo Association said on Wednesday that rank-and-file wrestler Takanoiwa assaulted an attendant of his stable during the ongoing regional tour. Just two months after the sport’s governing body issued a “declaration to eradicate violence,” Takanoiwa, 28, physically attacked a lower-ranked apprentice wrestler, the association said.

According to the JSA’s public relations department head, the apprentice has a swelling in his face. The JSA says it will consider a punishment for Takanoiwa, who has withdrawn from the winter regional tour in Fukuoka.

Takanoiwa, whose real name is A.Baasandorj, has himself been the victim of assault, when on 26 October 2017, when he was hit with a karaoke machine remote control at a lounge bar by fellow Mongolian Harumafuji. The yokozuna retired the following month.

In November, Takanoiwa dropped a damages suit filed against Harumafuji, saying his family in Mongolia had been subject to abuse over the legal action from their compatriots who hold Harumafuji in high regard.

The scandal prompted former yokozuna Takanohana, the head of Takanoiwa’s stable until it was dissolved, to quit the Japan Sumo Association in September.

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Coal briquettes – a golden bullet for UB’s pollution problem? www.news.mn

The Mongolian government has taken the decision to ban the consumption of raw coal in Ulaanbaatar starting from 15 May 2019 in an attempt to reduce air pollution in the capital. About 202 thousand households in the ger districts of Ulaanbaatar burn 1.1 million tons of raw coal each winter, which produce around 80 percent of the smog which envelopes the city. The plan is to conduct an ecological ‘revolution’, turning from raw coal and replacing it with 600 thousand tonnes of briquettes, thereby drastically decreasing air pollution. The briquettes will be made from coal powder by Erdenes Tavan Tolgoi and will be sold at the same price as the raw coal currently used. Is this the golden bullet to the pollution problem? Many people living in the ger districts think not, stating that the briquettes do not generate as much heat and are currently more expensive than the raw coal. At present, 25kg of briquettes is being sold for MNT 3750; pricier than raw coal by MNT 200-700.

Meantime, the government has been trying with limited resources to put a dent in the problem. Subsidies have been offered to families for stoves that produce less pollution, and since January 2017, electricity in many of the city’s highest-polluting districts has been made free at night, when pollution levels are always at their most severe.

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Trump administration to lift barriers to build new coal plants www.mining.com

The Trump administration is rolling back Obama-era rules on climate change regulation limiting carbon dioxide emissions from coal power plants in the United States, making it easier to build new ones.

The Environmental Protection Agency (EPA) plan, announced Thursday, would no longer mandate that plants meet the strict emissions goals of achieving emissions equal to or less than what plants would have achieved with carbon capture and storage (CCS) technology.

Under the proposed revisions to the New Source Performance Standards (NSPS), EPA would let new coal plants emit up to 1,900 pounds (862 kg) of carbon dioxide per megawatt-hour of electricity. The rule would replace the Obama-era standard allowing only 1,400 pounds of carbon per megawatt-hour.

Proposal eases limits of carbon dioxide emissions from coal power plants, making it easier to build new ones.
EPA Assistant Administrator for the Office of Air and Radiation Bill Wehrum called the old rule “wishful thinking.”

“Today’s actions reflect our approach of defining new, clean coal standards by data and the latest technological information, not wishful thinking,” he said in a statement.

“U.S. coal-fired power will be a part of our energy future and our revised standards will ensure that the emissions profiles of new plants continue to improve.”

The announcement follows a recent U.S. Energy Information Administration report showing that domestic coal use will sink to a 39-year low this year, largely due to a drop in its use for generating electricity.

Only one, relatively small, new coal-fired generator is expected to come online by the end of 2019, the EIA said.

According to the American Coalition for Clean Coal Electricity, power plant operators have either shut down or announced plans to close at least 630 coal plants in 43 states in the last eight years. That’s about 40% of the U.S. coal fleet, the trade group says.

EPA’s move comes as the world gathers in Poland for what is being dubbed the most important meeting on climate change since the 2015 Paris Agreement, which President Donald Trump has criticized repeatedly.

It also follows the US push to edit a G20 communique by adding a paragraph emphasizing that the US "reiterates its decision to withdraw from the Paris Agreement, and affirms its strong commitment to economic growth and energy access and security, utilizing all energy sources and technologies, while protecting the environment."

"Today's proposal is nothing more than another thoughtless attempt by the Trump Administration to prop up their backwards and false narrative about reviving coal at the expense of science, public safety, and reality," Mary Anne Hitt, senior director of Sierra Club's Beyond Coal campaign, said in a statement.

The proposed modifications are Trump’s latest attempt to fulfill campaign promises to revive the coal industry and restore mining jobs. But experts believe they are unlikely to dramatically alter the US power mix or give a big boost to domestic coal demand, which has flagged amid competition from cheap natural gas and renewables.

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