|“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|
Dec. 5 (UPI) -- The prime minister of Mongolia is visiting Japan next week to discuss the issue of Japanese abductees in North Korea, according to a Japanese press report.
Mongolian Prime Minister Ukhnaagiin Khürelsükh has played a key role in ongoing negotiations between senior Japanese intelligence agents and North Korean officials, permitting the meetings to take place in Ulaanbaatar in 2018 -- most recently in November.
Kyodo News reported diplomatic sources on both sides say if the summit between Khürelsükh and Japanese Prime Minister Shinzo Abe does take place as planned, the two leaders are to discuss cooperation on resolving the issue of abducted Japanese citizens.
Abe may also stress the importance of maintaining economic pressure on North Korea through sanctions, according to Kyodo.
Abe has said he is open to a summit with Kim Jong Un, but North Korea has not responded to requests.
North Korean and Japanese officials have been quietly meeting behind the scenes, however. The meetings may have consistently taken place in Mongolia, since June, when the two sides met in Ulaanbaatar during an international conference.
North Korea has turned down offers of a summit with Abe, citing poor relations that have its origins in history.
Japan colonized the Korean Peninsula from 1910 to 1945, and North Korea officially credits founder Kim Il Sung with ending colonization -- although Japan left the peninsula after surrendering to the United States.
Anti-colonial guerrilla fighters are revered in the North and their death is publicly memorialized.
Korean Workers' Party newspaper Rodong Sinmun reported Wednesday a veteran of a past anti-Japanese movement had died, and that the North Korean leader had sent flowers to his family.
Kim Chol Man was a member of the Korean Workers' Party's central committee and died on Monday at the age of 98, according to the Rodong.
Ulaanbaatar /MONTSAME/ A parliamentary working group on reducing air pollution yesterday worked at the 102nd secondary school of Bayanzurkh district.The school receives its heat from a steam boiler and it locates in high-smog area. Therefore, an electric device that purifies smog produced by the steam boiler was installed and started being tested from last August. The device was invented by U.S.-China joint ‘Demistra’ LLC and the work to test the device is being carried out by Mongolia-Korean Monkutroamin LLC.
The device is widely used in China and has capacity to purify gas such as sulphur, nitrogen and carbon which come from steam boiler at 95 percent. By putting smog and chemical solution into chemical reaction, it purifies smog and raises in the air making it wet steam. “The device is suitable for our country’s climate and it is possible to produce the device domestically” said B.Tumurchuluun, head of secretariat of the National Committee on Water Pollution.
If the test shows positive results the device is planned to be installed in some 3000 stream boilers in the capital city as well as steam boilers in rural areas.
Construction of railway to Mongolia’s first oil refinery began earlier today (5 December). The 1.5 km long first phrase of the railway is being implemented by Ulaanbaatar Railway JSC.
Mongolia launched construction of its first oil refinery in June, a long-awaited project that is funded by India and designed to end the country’s dependence on Russian fuel.
The refinery, in Altanshiree soum of Dornogovi province will be capable of processing 1.5 million tonnes of crude oil per year – or 30,000 barrels per day (bpd).
Mongolia’s new refinery, planned for completion in late 2022, will meet all of the nation’s demand for gasoline, diesel, aviation fuel and liquefied petroleum gas (LPG).
Ulaanbaatar /MONTSAME/ The country has fulfilled over 86 percent of its objectives set in the Action Program of the Government for 2016-2020 to export 50 thousand tons of meat and meat products, highlighted during the discussion themed ‘Opportunities to increase benefits and export of mutton’ took place on December 4 in the Ministry of Food, Agriculture and Light Industry.
Specifically, according to customs statistics, Mongolia exported 43.2 thousand tons of meat in total as of October, of which 27.2 tons of meat and 16 thousand tons of heat processed meat products. Amount of exported mutton and goat meat reached 3.8 thousand tons this year which was 2.6 thousand in 2017, but it is not sufficient compared to export of other types of meat. Therefore, there is necessity to increase opportunities to export mutton. “Sheep and goats dominate in the livestock population, forming 45.4 per cent and 41.2 per cent respectively. Scholars say that composition of livestock becomes not proper leading to overgrazing, pastureland deterioration and weakening productivity. Considering the livestock population growth and pastureland capacity we have a reserve to export 180 thousand tons of meat annually” said Deputy Minister of Food, Agriculture and Light Industry J.Saule.
Attendees focused on how to raise benefits of sheep, which makes up 43.3 percent of whole livestock population, putting mutton into economic circulation. They agreed that herders should satisfy livestock sanitation and biosecurity requirements whereas when making it final products meat producers need to give attention on processing methods, choosing heat treatment or halal methods.
For mutton export, Mongolia has been mostly exporting ram lambs. Mutton export to countries in the Middle East is increasing recently.
The daughter of the founder of Chinese telecoms giant Huawei has been arrested in Canada and faces extradition to the United States.
Meng Wanzhou, Huawei's chief financial officer and deputy chair, was arrested in Vancouver on 1 December.
Details of the arrest have not been released but the US has been investigating Huawei over possible violation of sanctions against Iran.
China's embassy in Canada protested at the arrest and demanded her release.
Huawei said it had little information about the charges and was "not aware of any wrongdoing by Ms Meng".
The arrest comes at a sensitive time for US-China relations. The nations are engaged in a trade war that has seen both impose duties of billions of dollars on one another's goods.
The arrest will not help the 90-day tariff truce the nations agreed after President Donald Trump and his Chinese counterpart Xi Jinping met at the G20.
What has Canada said about the arrest?
Canada's ministry of justice confirmed the date and place of Ms Meng's arrest and added: "She is sought for extradition by the United States, and a bail hearing has been set for Friday."
It said it could not say more as Ms Meng had sought a ban on the publication of details and this had been ordered by the courts.
A spokesman for the US justice department in the Eastern District of New York - which Huawei said had brought the charges - declined to comment.
What could be behind it?
US media have reported that Huawei is under investigation for potential violations of US sanctions against Iran.
One report in the New York Times said the US commerce and treasury departments had subpoenaed the firm over suspected violation of sanctions against both Iran and North Korea.
US lawmakers have repeatedly accused the company of being a threat to US national security, arguing that its technology could be used for spying by the Chinese government.
Reacting to the arrest, US Senator Ben Sasse told Associated Press that China was aggressively engaged in undermining US national security interests, often "using private sector entities".
"Americans are grateful that our Canadian partners have arrested the chief financial officer," he added.
How have China and Huawei responded?
Huawei said Ms Meng, the daughter of founder Ren Zhengfei, was detained while transferring between flights.
In a statement, it said it had complied with "all applicable laws and regulations where it operates, including applicable export control and sanction laws and regulations of the UN, US and EU.
"The company believes the Canadian and US legal systems will ultimately reach a just conclusion."
A statement from the Chinese embassy in Canada was far angrier.
It said that Canada, at the request of the US, had arrested a Chinese citizen "not violating any American or Canadian law".
"The Chinese side has lodged stern representations with the US and Canadian side, and urged them to immediately correct the wrongdoing and restore the personal freedom of Ms Meng Wanzhou."
Why is Huawei a concern to the West?
The company is one of the largest telecommunications equipment and services providers in the world, recently passing Apple to become the second-biggest smartphone maker after Samsung.
Some Western governments fear Beijing will gain access to fifth-generation (5G) mobile and other communications networks through Huawei and expand its spying ability, although the firm insists there is no government control.
Security concerns recently led BT to bar Huawei equipment from the heart of the 5G network it is rolling out in the UK.
New Zealand has blocked Huawei equipment over national security concerns, after Australia imposed a similar ban on both Huawei and fellow communications firm ZTE.
The US has brought a number of legal cases against Chinese technology firms, with accusations such as cyber-security theft and violations of Iran sanctions.
Earlier this year, it barred US companies from exporting to ZTE, effectively shutting down the firm. The US later replaced the ban with a fine and governance changes.
The US has also restricted US firms from selling parts to Chinese chipmaker Fujian Jinhua.
What are the Iran sanctions?
Donald Trump last month reinstated all the US sanctions on Iran that had been removed under a 2015 nuclear deal.
Mr Trump had been fiercely opposed to the deal, which saw Iran limit its controversial nuclear activities in exchange for sanctions relief.
The re-imposed sanctions hit oil exports, shipping and banks - indeed all core parts of Iran's economy.
Although there are some waivers, US Treasury Secretary Steven Mnuchin has said the US will "aggressively" target any firm or organisation "evading our sanctions"....
Ulaanbaatar /MONTSAME/ Oyu Tolgoi backed Gobi Oyu Development Support Fund has commissioned and completed the Khanbogd secondary school No.2 with capacity to educate 640- school students and 200- kindergarten children.
The project was proposed by provincial Governor’s office when they identified capacity challenges in town’s school system. Students were studying in multiple shifts due to lack of classrooms creating unfavorable environment for students and teachers and Khanbogd children had limited access to kindergarten.
Khanbogd students will now be studying under teachers and management’s best practice from 'New Era' government laboratory school of Ulaanbaatar which has been implementing the globally up to date Cambridge school standard in the nation’s capital. The new school will apply the national curriculum implemented by international management standard for next three years with the aim of becoming a leader in natural science field in secondary education. The management costs and teacher training are covered by the fund.
According to a calculation by the Global Partnership for Education, “A 0.1% improvement in a country's education equality can, over 40 years, raise its per capita income by 23%.” The following investment into education aims to close the education gap between urban and rural Mongolia. Khanbogd students can now enjoy regular classroom schedule and utilize their after school time for research and development activities.
The school with 29 classrooms and the kindergarten with 8 classrooms are fully furnished and equipped with all the tools and equipment necessary for setting of learning with project budget at MNT 7.2 billion.
Oyu Tolgoi CEO Armando Torres said, “As you know, Khanbogd is a cornerstone for Oyu Tolgoi’s achievements and is one of the fastest growing development hubs in Mongolia. Therefore Oyu Tolgoi devoted its efforts to turning Khanbogd into a self-sustainable town through its contributions in critical infrastructures, such as power, water, roads, healthcare, environment and education. With the addition of this school and kindergarten complex, we are certain that the foundation of a robust community will be strengthened and many more doors will open for the future generations to come.”
Oyu Tolgoi has previously funded the construction of three kindergartens in Dalanzadgad soum and establishment of a special auditorium for children with disabilities in the secondary School No. 186 in Sukhbaatar district. In addition Oyu Tolgoi has provided local and domestic scholarships to over 1000 students and firmly believe in our vision of transforming natural wealth to enduring value, knowledge and skills to our countrymen.
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Since December 2018, the Ural Federal University has opened a new opportunity for pupils and students of Mongolia to study the Russian language remotely. This was announced today during a video conference between UrFU and the representative office of Rossotrudnichestvo in Ulaanbaatar. To get full information on the educational program, students from several Mongolian universities participated in the video conference.
According to Olga Mikhailova, the Department of the Russian Language for Foreign Students Assistant, the Russian language courses at Ural Federal University include 144 hours of free online lessons, tutoring and ongoing information support. Every week, course participants will receive useful information in order to improve their Russian skills.
‘There will be online classes for which students only need a computer with access to the Internet,’ Olga Mikhailova says. ‘After each lecture, students will perform a written task for teacher assessment. Besides that, after each webinar, they will perform an oral task and then check it in a group. It is expected that there will be two classes a week in total: a lecture for 24-25 people and a webinar for 12-13 people’.
As a result, students and schoolchildren will be able to improve their Russian language skills in a few months, prepare for the exam and eventually become an UrFU student. At the beginning and at the end of the course, the organizers will conduct a test, which will show their language level. Classes will begin as early as December 2018, and will end at the end of April 2019.
In order to participate in the course you need to apply for a test and then undergo an interview in Russian and do a written task in Russian.
Mind you, the development and launch of this educational program in Ural Federal University became possible thanks to the support of the Presidential Grants Foundation, which provided a special grant to the Sverdlovsk Regional Fund for the Support of Youth Initiatives. The project also involves the Russian language festival “Cyrillic Fest” in Ulaanbaatar in the summer of 2019. The course participants will be able to continue learning Russian with UrFU teachers in full-time format at the festival. Immersion in the Russian language will also take place through songs, dances, contests, master classes, theater, cinema, video blogging, sports and much more.
The project was supported by well-known university graduates who now live and work in Mongolia, including Zandaakhüügiin Enkhbold, the head of the Mongolia Presidential Administration.
The First Vice-Rector of UrFU Sergey Kortov, Senior Researcher at the Academic and Research Laboratory of Archeographic Studies Alexander Palkin and the Association of UrFU Alumni Executive Director Alexander Ponomarev, who are now in Ulaanbaatar, also took part in the video conference between UrFU and Rossotrudnichestvo. Elvira Symaniuk, UrFU Ural Institute of Humanities Director, Valerii Gudov, the Department of Russian and Foreign Literature Assistant Professor and Mongolian students who are currently studying at UrFU, greeted the schoolchildren and students from Mongolia.
In you have any questions, please address them to Olga Mikhailova at firstname.lastname@example.org....
Ulaanbaatar Environmental Department (UED), under the support from United Nations International Children's Emergency Fund (UNICEF), organized Ulaanbaatar City Soil Pollution and Health discussion to present the results of a study on soil, which addresses critical level of pollution.
The survey, which sampled the soil in Ulaanbaatar city, shows that 88 percent of the territory has been highly polluted with bacterial contamination according to Battulga Erkhembayar, Director General of UED. Furthermore, Mr. Battulga highlighted the necessity to focus on soil pollution and health issues caused by urbanization that are close to danger level.
The UED also conducted a survey on ground breaks recently. The study unearthed several soil erosion caused by mining a mineral that is widely used for constructions. Based on these studies, the UED decided to restore these areas by planting trees and bushes that soak up pollutants and developing apiculture (beekeeping) in areas that have fewer species of plants.
Mr. Battulga addressed, “Regarding the apiculture, bees pollinate plants. This project model was implemented in a locally protected area near Selbe river and was successful. Thus, we will support private entities, especially the beekeepers, next year. Starting from January 1 of next year, households living near river basins will be banned from using pit latrine. This is a significant step towards securing clean water source in the capital.”
Participants pointed out that pit latrines are the main cause for soil pollution in the capital. As of today, about 800,000 households live in ger districts in Ulaanbaatar, of which 95 percent use long drops. In total, there are 190,000 pit toilets in Ulaanbaatar. The highest contamination is around 2.8 meters underneath surface, which is the average depth of a long drop. Furthermore, the study also confirms that the soil pollution is contaminating deep water with microorganisms. In specific, the study on 1.5 meter deep well, which is closest to the surface, came out with high pollution and the deepest (47 meters in depth) well was also had certain amount of contamination.
According to the UED, the lack of waste management is another factor for soil contamination. Thus, the capital city officials addressed the immediate need to install waste segregation system and as its first step, to adapt waste monitoring system. In order to address this issue, over 10 private and public organizations conduct soil surveys; however, due to lack of coordination, ineffective projects and overlapped surveys are conducted. Thus, the discussion further picked up on improving coordination.
Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK), Canada’s largest diversified miner, has chosen Japan’s Sumitomo as partner to go ahead with a planned $4.8 billion expansion of the Quebrada Blanca copper mine in northern Chile.
Sumitomo Metal Mining and Sumitomo Corporation will pay $1.2 billion to Teck for a 30% stake in the Quebrada Blanca Phase 2 project — $800 million earn-in contribution and $400 million matching contribution.
The sum will help the Vancouver-based company go ahead with the expansion of the mine, now approved by the board, with construction to start as soon as the deal is closed and production expected to begin in the second half of 2021.
A potential third expansion will make the Quebrada Blanca mine Chile’s second largest copper operation, after Escondida, and one of the world’s top five copper mines.
“This partnership significantly de-risks Teck’s investment in the project, enhances our project economics and preserves our ability to continue to return capital to shareholders and reduce bonds currently outstanding,” Teck’s Chief Executive Don Lindsay said in the statement.
In August, the miner received regulatory approval for the mine extension, but the board didn’t ok the project until today.
Sumitomo reportedly had competed with Mitsubishi, Freeport-McMoRan, Lundin Mining, Rio Tinto and others looking to boost their copper assets.
Teck sees the Quebrada Blanca Phase 2 as its most significant growth opportunity, with the potential to double its copper business. It is expected to extend the ageing deposit’s life by 28 years and substantially boost production to 300,000 tonnes of copper a year from 23,400 tonnes in 2017.
The Canadian mining giant is already studying a Phase 3 for the mine, which will double its capacity to 600,000 tonnes of copper a year. The potential extension will make the mine Chile’s second largest copper operation, after Escondida, and situate it among the world’s top five copper mines.
In terms of costs, Phase 3 would need a $5 billion-investment, as it would have to include the installation of a new concentrator.
Copper, one of four business units at Teck besides steelmaking, coal, oil and zinc, is considered a company priority.
The Canadian miner is not alone on the quest for copper assets, a metal the industry sees as having one of the strongest outlooks. There are expectations that the electric-vehicle boom and demand for renewable energy will increase need for the metal.
The expected deficit will partly be a consequence of increasing demand for power generation and electric vehicles (there’s 300kg of copper in an electric bus and nine tonnes per windfarm megawatt).
But it’s also related to the fact that the current copper pipeline is at the lowest this century, both in terms of number and capacity.
“After delivery of Cobre Panama (with the main ramp early next year) we are left with a gap until we see the next batch of 200ktpa-plus projects in 2022-23,” Colin Hamilton, director of commodities research at BMO Capital Markets, said in April. “This is when the likes of Kamoa, Oyu Tolgoi Phase 2, and QB2 are likely to offer meaningful supply growth.”
Once the deal with Sumitomo is completed, Teck will own 60% of the Quebrada Blanca project and Chile’s national mining company ENAMI will hold the remaining 10%....