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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Mongolia and Russia to expand cooperation in transport sector www.montsame.mn

Ulaanbaatar /MONTSAME/ Minister of Road and Transport Development Ya.Sodbaatar is attending ‘Transport week 2018’ international forum and exhibition taking place in Moscow, Russia at the invitation of his Russian counterpart Ye.I.Dietrich.

On November 19, the Transport Ministers had an official meeting where they exchanged views on wide range of issues on bilateral cooperation in transport sector.

The sides agreed to pay special attention on implementation of development projects and activities which were reflected in the Agreement on Reform of the Ulaanbaatar Railway Joint Venture and Development Strategic Partnership established between the Mongolian Ministry of Road and Transport Development and Russian Railways JSC.

They also highlighted that there is room for development of bilateral cooperation in transport field within multilateral cooperation. In particular, the parties pointed out that validation of Mongolia-Russia-China intergovernmental agreement on International Road Transport along Asian Highway Network last September is giving impetus to mutually beneficial cooperation among the three countries in road and transport sector, creating new opportunities.

Today, Minister Ya.Sodbaatar will attend enlarged session of the forum while visiting the exhibition that promotes activities of Russian companies in transport sector and meeting with O.V.Belozyorov, CEO and Chairman of the Executive Board of Russian Railways JSC.

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Newly-opened China-Mongolia Friendship Cultural Center to boost ties www.china.org.cn

The China-Mongolia Friendship Cultural Center opened at the Mongol Tuurgatan Theater in central Mongolia's Tuv province on Tuesday, aiming to promote bilateral cooperation and cultural exchanges.

The opening ceremony was attended by Tuv Province Mayor Jigjid Batjargal and Minister Counsellor of the Chinese Embassy in Mongolia Yang Qingdong.

"Mongolia and China are longstanding close and friendly neighbors. Our Tuv province has been cooperating with China's several provinces for decades, including Jilin province," Batjargal said at the ceremony.

He hoped that the center will contribute to bilateral ties and cooperation in the cultural sector.

For his part, Yang said, "I am very happy to attend the event. Since the state visit by Chinese President Xi Jinping to Mongolia in 2014, relations and cooperation between China and Mongolia have been developing rapidly in various areas."

The minister counsel1or expressed his readiness to strengthen ties with Mongolia, especially Tuv province.

Head of the theater Dorjsuren Munkbat also voiced his gratitude to the Chinese Embassy in Mongolia for donating sound equipment worth 20,000 U.S. dollars to the cultural center commissioned in mid-October.

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UN appreciates Mongolia’s contributions for Northeast Asia www.news.mn

Mongolian Foreign Minister D.Tsogtbaatar held a meeting with Mr. Miroslav Jenča, UN Assistant Secretary-General for Political Affairs on Monday in Ulaanbaatar. The two sides discussed relations between the UN and Mongolia as well as regional issues.

D.Tsogtbaatar explained the importance of Mongolia’s initiatives such as the ‘Ulaanbaatar Dialogue’ for security in Northeast Asia, participation in UN peacekeeping operations and the declaration of the nuclear weapon free status of Mongolia; all of these are aimed contributing to the UN objectives of world peace, security and tackling the problems facing the international cooperation community.

In return, Mr. Miroslav Jenča expressed his appreciation for Mongolia’s contribution to multilateral cooperation in securing stability, peace and mutual trusts in Northeast Asian region. He noted that the, in particular, the UN Political Affairs Department is actively supporting the ‘Ulaanbaatar Dialogue’.

During the meeting, the two sides agreed to co-host a ‘Youth Peace and Security’ seminar in which delegates from Northeast Asia will be invited to Mongolia in 2019.

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BHP officially drops 'Billiton' from name www.mining.com

The world’s largest miner, BHP Billiton, (ASX, NYSE:BHP) (LON:BLT) has officially dropped “Billiton” from the company’s name as part of a $10 million rebranding campaign that seeks to emphasize its Australian roots.

The move means that BHP Billiton and BHP Billiton Plc are now BHP Group and BHP Group Plc respectively. All the tickers, including the ones on the London Stock Exchange and the Johannesburg Stock Exchange will switch to “BHP” on Nov. 23.

The mining giant has used the fresh logo and also its new motto “Think Big”, in place of the old “Resourcing the Future” for almost two years.
The announcement comes on the heels of the Melbourne-based miner announcing it had reached a settlement agreement with the Australian Taxation Office over the transfer pricing dispute relating to its marketing operations in Singapore.

Last year, BHP rolled out a marketing campaign highlighting its new preferred name. It included 30-second television ads, a three-minute online video and a new slogan to facilitate a change that the company said has been in the works for quite a while.

For almost a year and a half, the mining giant has been using the fresh logo and also its new motto “Think Big”, in place of the old “Resourcing the Future.”

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THE NOTICE: www.mongolianbusinessdatabase.com

We (MBD) admin found that the SPAM "strange" e mail from admin@mongolianbusinessdatabase.mn and bounce@mongolianbusinessdatabase.mn accounts which we do not have on our IT data are sent to our mailing list. Our IT server company ITOOLS www.itools.mn reported that the security is still in confident condition and the e mail was not delivered through our server. Please block the e mail sender and keep your personal computer safety!

MBD does not request or demand money via email.

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Irkutsk region supplies USD 31 million products to Mongolia www.montsame.mn

Ulaanbaatar /MONTSAME/ Irkustsk Oblast of the Russian Federation supplied products worth of USD 31 million to Mongolia last year, augmenting its export by 8 percent, reported by V.O.Kozin, representative of the Agricultural Ministry of the region. “Mongolia is the main partner of Irkutsk region and the country makes up 68 percent of export of the region”, he added.

Regarding with ‘Asian Door 2018’ international fair (Ворота в Азию) to be opened today, November 20, industry, trade representatives at the Embassy of Russia held a press conference yesterday.

To be hosted for the 29th time in Mongolia, the Asian Door 2018 fair will be held by Irkutsk Oblast, being participated by business delegates from 5 districts led by Minister of Agriculture of Irkutsk Oblast. "More than 850 Russian companies and entities attended the expo in the past, of which over 20 percent started operating in Mongolia," said A.Sidorov, Director of Business Contact Company of Russia. He also cited Mongolian companies are collaborating with Irkutsk region by exporting foodstuff such as beer, sausage, and frozen buuz.

In addition, at the bilateral business meetings to be held during the expo, the sides will touch upon encountering problems.

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27 Parliament members submit petition on Cabinet dissolution www.zgm.mn

Yesterday, 27 Parliament members (MPs) submitted a petition to dissolve the Cabinet of Khurelsukh Ukhnaa.

After the decision of Mongolian People’s Party caucus on ousting the head of caucus Khayankhyarvaa Damdin last week, Mr. Khayankhyarvaa announced to submit the petition on Cabinet dissolution after collecting signatures from MPs.

MPs who signed the petition expressed their apology towards the public for going back on their promise to maintain stability in the Government. Initiated by Mr. Khayankhyarvaa, the petition highlighted six grounds to dissolve the Cabinet, which includes:

• Abuse of power to draw financing from the Small and Medium-sized Enterprises (SME) Development Fund;

• Prime Minister Khurelsukh Ukhnaa announced his inability to work under the Constitution;

• Incited public demonstrations that created serious situation of national security;

• Granted special licenses to foreign nationals;

• Aside from the inability to demand accountability from ministers involved in SME Development Fund scandal, Prime Minister himself became a hostage to them;

• Ignored the President’s repeated recommendation on allocating budget for the development of industrial sector.

“Although he ignored the President’s recommendation, the PM is now demanding the caucus to accept the President’s veto on budget. He further ignored the actions on bringing assets from offshore zone. Moreover, the fact that a public servant murdered inside a State-protected organization and an attempted kidnap from within the territory of Mongolia are also the basis for the PM’s resignation,” remarked Mr. Khayankhyarvaa.

According to the Law on Procedure of Parliament Session, Standing Committee on State Structure must discuss the petition for Cabinet dissolution within 14 working days after submission, which will then be discussed by the Parliament. If the Parliament considers that it is unnecessary to dissolve the Cabinet, ousting of Minister of Education, Culture, Science and Sports could surface. Because the current minister Tsogzolmaa Tsedenbal was one of the MPs that signed the petition. On the other hand, the appointment of Ulaan Chultem as the Minister of Food, Agriculture and Light Industry is in line for discussion at the Parliament. The approval of Cabinet dissolution will annul the appointment.

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Airbnb is using what3words to list stays with Mongolian nomads www.techcrunch.com

Putting a new spin on the term “digital nomad,” U.K. addressing platform what3words has partnered with Airbnb to list stays with Mongolian nomads.

The startup’s simplified addressing system is being applied to help adventurous travelers “home share” with Dukha reindeer herders at their mountain camp where there aren’t any street names to anchor a trip.

The partnership is slated as supporting sustainable tourism by helping the tribe tap into a new revenue stream to support its traditional way of life.

Earlier this year, Airbnb signed a Memorandum of Understanding with the Ministry of Environment and Tourism of Mongolia to use home sharing as a route for economic empowerment and community development. “The MOU will see both parties provide hospitality training for current hosts, as well as potential hosts in rural and remote areas, to encourage the adoption of new digital technology for tourism,” they note in a press release today.

The Airbnb listing with the Dukha reindeer herders offers the chance to stay in a teepee in the Taiga forest in Northern Mongolia, with guests getting “two wooden beds, sleeping bags and an open-fire stove for heating and cooking, as well as full access to the reindeer tribe’s backyard.”

So definitely not the usual Airbnb fare.

what3word comes into play as a neat tool because guests are asked to meet the nomadic tribe at a previously communicated three-word address at the edge of the forest.

what3word’s platform chunks the world into 57 trillion 3-by-3 meter squares — each of which has been assigned three words to act as its easier-to-share pinpoint. Using unique combinations of words for geolocation reduces the risk of confusing two similar-sounding street names, for example, and means a location can easily be shared verbally or read at a glance.

After meeting their hosts at the forest edge, guests ascend with them to the mountain to the camp — located at ///evaluate.video.nails — either on reindeer or by horse.

what3words addressing platform used to pinpoint a nomadic tribe’s Airbnb listing in Mongolia

Travelers can then expect to be “immersed in the day-to-day life of the tribe, from herding and milking reindeer to cooking traditional Mongolian dishes and making handicrafts,” they add.

The tribe uses a co-host in an urban location to manage the process of updating their Airbnb listing with a new three-word address, as needed (i.e. when they shift the location of their camp).

Commenting on the partnership in a statement, Cameron Sinclair, social innovation lead at Airbnb, said: “Airbnb is excited to partner with what3words and the Ministry of Environment and Tourism of Mongolia to drive sustainable tourism and economic empowerment, while promoting the unique hospitality and culture so intrinsic to the country.

“In Mongolia, a lack of traditional street addressing and nomadic way of life have prevented locals from welcoming Airbnb guests into their homes. Our partnership delivers an innovative way to provide hosts with an accurate and reliable address while constantly on the move, and creates new livelihood opportunities for nomadic and rural communities in Mongolia and around the world.”

A spokeswoman for what3words confirmed the partnership is limited to Mongolia for now — but added it’s “exploring next steps with Airbnb” in the hopes of expanding the collaboration.

There’s no financial component to the arrangement as yet because what3words is free for individuals to use (so in this case the Dukha reindeer herders).

But the startup does sell b2b licenses for other products, including its API and SDKs — offering optional extras like very large-scale batch conversion of three-word addresses to GPS coordinates or vice versa.

So if Airbnb sees enough value in ramping up offers of alternative tourist experiences on its platform — and in what3words’ three-word address system as the easiest way to grease and thus scale that pipe — it could end up sending something more than a bit of publicity the startup’s way.

That’s clearly what3words’ hope.

“what3words is incredibly useful for guests trying to find their Airbnb — be it in the centre of Madrid, or the on the Mongolian Steppe,” the spokeswoman told us. “We’re already seeing many hosts provide guests with their 3 word address, and we’d love to make the process as seamless as possible.”

One growth headwind for Airbnb’s business could work in what3words’ favor because the home-sharing platform may well need to invest in finding innovative and sustainable routes to grow its business, given a growing backlash against overtourism in popular destination cities that have been saddled with the real-world impacts of homes being repurposed as de facto hotels (and travel generally being more affordable).

In recent years residents in cities where Airbnb is popular have been vocal in complaining that such platforms bring problems — from antisocial impacts such as noise and drunken partying to more structural issues as they contribute to driving up rents by removing housing stock, with the risk of undermining local communities if residents get priced out.

And a growing number of cities have responded to these concerns by tightening regulations on home-sharing — throwing up blockers and sometimes hard caps on Airbnb’s growth.

A requirement that hosts register with the city in San Francisco so it can enforce vacation-rental laws to prevent homes being repurposed as year-round tourist lets led to a dramatic decline in Airbnb listings at the start of this year, for example.

But it looks to be the opposite story in Mongolia where politicians are focused on development and keen to attract outside investment. And where tourists are — at least for now — welcome visitors.

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Local precious metal assay laboratory purifies 99 kg of gold www.montsame.mn

Ulaanbaatar /MONTSAME/ The newly established precious metal assay laboratory of Darkhan-Uul aimag has purified 99 kg of gold over the past month.

Director of the Regional Division of the Bank of Mongolia (BoM) in Darkhan-Uul aimag B.Javkhlan said that the regional branch of BoM purchased a total of 33 kg of gold over the past month. “We purchase the gold from artisanal miners and cooperatives at the daily rate of the central bank without any intermediaries. The locals are grateful for the establishment of the precious metal assay laboratory, which removes the inconveniences of gold purchase,” he noted.

The laboratory operates in the whole Central region. Thus the laboratory is open to gold mining cooperatives, companies and individuals of Darkhan-Uul as well as other aimags.

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Legislator of Mongolia's ruling party submits proposal on dismissing government www.xinhuanet.com

ULAN BATOR, Nov. 19 (Xinhua) -- Mongolian legislator Damdin Khayankhyarvaa submitted a proposal Monday on dismissing the state government in connection with a scandal involving financial irregularities by some members of parliament and government.

The proposal was submitted to the speaker of the parliament Miyegombo Enkhbold after reports were made public late last month that some members of the Mongolian parliament and their relatives have obtained a number of loans with low interest rates from a fund aimed at small and medium-sized enterprises.

Issues relating to the fund were frequently discussed in the country this month.

"A total of 27 lawmakers signed the proposal on dismissing the government," Khayankhyarvaa, former parliamentary faction leader of the ruling Mongolian People's Party, told reporters after submitting the proposal.

He was dismissed from his post last Tuesday following his demand for the lawmakers involved in the financial irregularities be brought to justice.

According to the country's Constitution, a proposal on dissolving government should be considered within 15 days.

Ukhnaa Khurelsukh's government that formed a year ago will be dismissed if the proposal is supported by over 50 percent of lawmakers in the 76-seat parliament.

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