1 US-MONGOLIA 'THIRD NEIGHBOR TRADE ACT' ON THE WAY WWW.THEDIPLOMAT.COM PUBLISHED:2018/11/17      2 CHINA'S FIGHT AGAINST SMOG MAKES PALLADIUM 2018'S BEST METAL WWW.MINING.COM PUBLISHED:2018/11/17      3 MILLENNIUM CHALLENGE CORPORATION PRESENTS GMS LICENSES WWW.MONTSAME.MN PUBLISHED:2018/11/17      4 MONGOLIA CALLS FOR GLOBAL ATTENTION ON CLIMATE CHANGE WWW.NEWS.MN PUBLISHED:2018/11/17      5 ADB OPENS A NEW WASTEWATER TREATMENT PLANT IN ARVAIKHEER, MONGOLIA WWW.AGENPARL.EU PUBLISHED:2018/11/17      6 CHINA TO BOOST COOPERATION WITH INDIA, MONGOLIA: DEFENSE MINISTER WWW.GLOBALTIMES.CN PUBLISHED:2018/11/17      7 DEATH ON MONGOLIA’S ‘COAL ROAD’ WWW.NEWS.MN PUBLISHED:2018/11/17      8 MONGOLIA SHAKEN BY WIDENING LOAN SCANDAL WWW.ASIA.NIKKEI.COM PUBLISHED:2018/11/17      9 MONGOLIA’S UNEMPLOYMENT FALLS BY 2.2 PERCENT WWW.NEWS.MN PUBLISHED:2018/11/16      10 MEETING MEAT DEMAND: MONGOLIA TO TRADE 17.9 PERCENT OF LIVESTOCK WWW.NEWS.MN PUBLISHED:2018/11/16      БНСУ-ЫН АЖ АХУЙН НЭГЖҮҮДИЙН АУТСОРСИНГ ЗАХИАЛГЫГ ГҮЙЦЭТГЭХ ЗАЛУУЧУУДЫГ СОНГОН, ШАЛГАРУУЛНА WWW.UNUUDUR.MN НИЙТЭЛСЭН:2018/11/17     НҮҮРСНИЙ ЭКСПОРТ 10 ХУВИАР ӨСӨЖ, 31.3 САЯ ТОНН БОЛОВ WWW.GOGO.MN НИЙТЭЛСЭН:2018/11/17     СУДАЛГААГААР ЖДҮ ЭРХЛЭГЧИД ЗЭЭЛИЙН ХҮҮНИЙ ЗАРДАЛ ХАМГИЙН ИХ ХҮНДРЭЛ УЧРУУЛДАГ ГЭЖ ХАРИУЛЖЭЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/11/17     ERDENE RESOURCE DEVELOPMENT: ХАЙГУУЛЫН ЗАРДАЛ III УЛИРАЛД 42 ХУВИАР БУУРСАН WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/11/17     ГОРХИ, ТЭРЭЛЖИЙН БАЙГАЛИЙН БОХИРДОЛД АНХААРАЛ ХАНДУУЛЖ ЭХЛЭВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/11/17     ИРЭХ БААСАН ГАРАГТ ХОТЫН ДАРГЫГ ОГЦРУУЛАХ ЭСЭХИЙГ ХЭЛЭЛЦЭНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/11/17     “АМГАЛАН” ХОТХОНД БАЙРЛАХ ГЭРТЭЭ КАННАБИС ТАРЬЖ, УРГУУЛЖ БАЙСАН ТУРК ИРГЭНИЙГ БАРИВЧИЛЖЭЭ WWW.MEDEE.MN НИЙТЭЛСЭН:2018/11/17     ӨНӨӨДӨР АВТОМАШИНЫ ДУГААРЫН ХЯЗГААРЛАЛТ ҮЙЛЧЛЭХГҮЙ WWW.EAGLE.MN НИЙТЭЛСЭН:2018/11/17     ГАШУУНСУХАЙТЫН НҮҮРСТЭЙ МАШИНЫ ЦУВАА 120 КМ БОЛЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2018/11/16     ТАТВАРЫН ОРЛОГО 32.2 ХУВИАР ӨСӨЖ, ТӨСВИЙН ТЭНЦЭЛ 341.9 ТЭРБУМ ТӨГРӨГИЙН АШИГТАЙ ГАРЛАА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/11/16    

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

64x64

Mongolia and Germany to intensify intergovernmental agreement www.montsame.mn

Ulaanbaatar /MONTSAME/ Intergovernmental agreement between Mongolia and the Federal Republic of Germany on cooperation in mining, industry and technology sectors was signed in 2011. The parties held the VI meeting of a working group in charge of ensuring and monitoring implementation of the agreement on May 29 at the Ministry of Foreign Affairs.

Opening the meeting, Minister D.Sumiyabazar said “Mineral agreement signed during Chancellor of Germany Angela Merkel’s visit in 2011 is an important document that allows Mongolia and Germany to develop bilateral relations and cooperation in mineral and mining sectors, and facilitate trade and economic ties to new level. There is a necessity to strengthen cooperation between the two countries in the implementation of the document and comprehensive partnership. In addition to the mining and mineral sectors, there is a possibility to expand cooperation in the use of German technology in aviation, transport, rail infrastructure, construction and urban development sectors, and in introduction of international standards. I am confident that the parties will ensure implementation of the agreement and the issues will be discussed openly and resolved.”

Present at the meeting were officials led by Minister of Mining and Heavy Industry, head of the working group from Mongolian side D.Sumiyabazar and head of the working group from German side, Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy Oliver Wittke.

The parties discussed on intensifying operation of the German Mongolian Institute for Resources and Technology and upgrading it to the Asian center of German education. Moreover, the parties highlighted joint works being implemented on the Sainshand wind farm (50 MW) project and its investment, Yeroo river hydro power plant and Ulaanbaatar city air pollution reduction.

“Mongolia is a country with rich mineral resources. As for our country, its development is based on human capabilities rather than natural resources. Therefore, we are fully capable of supporting Mongolia in human resource training and conducting researches. Demand for minerals in Germany is high, so we could cooperate to meet this demand. In addition, it will be more effective to establish a union to ensure full cooperation between the enterprises” said State Secretary at the Federal Ministry for Economic Affairs and Energy Oliver Wittke.

The parties exchanged views on ways to finance joint projects, opportunities for increasing German investment in Mongolia, educational cooperation, investment opportunities and legal environment of Mongolia.


B.Misheel

...


64x64

Russia and USA to provide financial support to Mongolia www.news.mn

During his visit in Moscow on 16-19 May, Mongolian Foreign Minister D.Tsogtbaatar met his counterpart Sergey Lavrov; among, other things, he discussed a RUB 100 billion loan from Russia. The Mongolian Foreign Ministry has explained that the money will be spent on projects for the expansion of Power Station III and IV, which both serve the capital, Ulaanbatar, as well as railway construction.

Following Moscow, Mongolia's top diplomat visited Washington DC, where he met with Secretary Mike Pompeo and the Millennium Challenge Corporation (MCC) of the United States of America. The MCC has agreed to grant a non-refundable aid package of USD 350 million to Mongolia under the Second Compact Agreement. This funding will be spent on a project to increase the water supply to Ulaanbaatar.

...


64x64

Mongolia and France step up space cooperation www.news.mn

Mongolia and France signed a Memorandum of Understanding (MoU) on 18 May 2018 in order to carry out space cooperation at an institutional level between the Centre national d’études spatiales (CNES) and the Mongolian Communication and Information Technologies Authority (ACTI). The MoU was signed by Jean-Yves Le Gall, President of CNES, and by Mongolian Ambassador A.Battur.

In August 2015 for the 50th anniversary of diplomatic relations between France and Mongolia, Jean-Yves Le Gall visited Ulaanbaatar to meet the Mongolian authorities in charge of space matters following the government’s decision to establish a national space policy. As a result of these meetings, a Memorandum of Understanding was proposed between CNES and its Mongolian counterpart to pursue cooperation at institutional level.

Mongolia could benefit from France’s internationally renowned expertise in telecommunications and Earth-observation satellites, launch services and training for specialists from other nations to boost its economic development and hone the skills of its managers. In particular, CNES helps its partners to develop new applications leveraging space tools.

On the occasion of the signing of the memorandum, Jean-Yves Le Gall commented: “The benefits of fostering international space cooperation with both established and emerging players are today clearly recognized across our community, and it is to this end that CNES is partnering with ACTI to help Mongolia establish a national space programme. A technical seminar to be held in Toulouse with engineers from ACTI will enable us to define concrete areas in which we could work together, notably to develop new applications.”

...


64x64

Economy posts 6.1 percent growth www.montsame.mn

Ulaanbaatar /MONTSAME/ According to the National Statistical Office preliminary performance report of the first quarter of 2018, MNT 3.2 trillion was in circulation in the economy, which means MNT 188 billion increase compared to same period of last year. Mongolian economic growth increased to 6.1 percent.

The World Bank’s forecast on economic growth of Mongolia in 2018 is 3.1 percent. However, the economy is expected to accelerate this year and exceed international forecasts, according to domestic analysts.

Prices of natural resources with significant influence to the economy including copper, gold and coal are relatively high. Increased coal transport passages at border crossing of Mongolia and China allowed 1000-1400 vehicles cross the border daily, intensifying coal exports in the second quarter. On the other hand, increase in foreign investment and expectations of moving megaprojects’ forward are showing positive impact on the economy.

Mongolia’s economy is dependent on mining product prices. The experts emphasize that the high prices for coal and copper on global market in 2018 have a major impact on economic growth of Mongolia, particularly on mining sector. Mining accounts for 78.8 percent of exports.

Economists agree that if the coal and copper prices stay high on the global market, it will affect positively the country’s economy. One of the reasons of relatively positive economy is China’s large purchase of coal, analysts explain.

B.Misheel

...


64x64

Prime Minister to sign MCC Compact in June www.montsame.mn

Ulaanbaatar /MONTSAME/ Foreign Affairs Minister D.Tsogtbaatar gave briefing on outcomes of his visit to the US on May 28.

During his visit on May 18-22, Minister D.Tsogtbaatar discussed the Presidental and Prime Minister’s official visits to the US. The parties planned the Prime Minister U.Khurelsukh’s visit in late June and PM is scheduled to sign on the Second Compact with the Millenum Challenge Corporation during the visit as the compact negotiation has been concluded.

Additionally during the Foreign Affairs Minister's visit, the parties held discussions on developing the bilateral relations and reaching it to the Extensive and Comprehensive Partnership level.

The parties also discussed further expansion of trade and economic relations, exports of wool, cashmere and cotton goods, enhancing introduction of new US technologies to the agricultural sector of Mongolia and giving support for the energy security. Moreover, importance of cooperation in education was emphasized, requesting US to provide support in having native English speaking teachers in all high schools in Mongolia. The US side responded that they will consider the issue.
B.Misheel

...


64x64

S.Oyun appointed as GCF Director of External Affairs www.greenclimate.fund

Ulaanbaatar /MONTSAME/ Dr Oyun Sanjaasuren has been appointed by the Green Climate Fund as its Director of External Affairs, effective from July 9, 2018.

Dr Oyun served as the first President of the United Nations Environment Assembly and is currently Chair of the Global Water Partnership. She also served both as Minister of Foreign Affairs and Minister of Environment and Green Development in Mongolia.

In her new role, Dr Oyun will lead GCF’s external relations, supporting Executive Director Howard Bamsey as GCF prepares to enter its first replenishment period.

In 2014, Dr Oyun was elected to be the first President of the United Nations Environment Assembly, the governing body of UN Environment. During her tenure, she has promoted environmental cooperation at a variety of international events on issues relating to sustainable development, climate change and water security. Since 2016 she has also served as Chair of the Global Water Partnership, a network designed to improve water management by working with over 3,000 institutional partners in more than 180 countries.

Before leaving Mongolian politics in 2016, Dr Oyun served five consecutive terms in the country’s parliament, including as Minister of Environment and Green Development (2012-2014) and Minister of Foreign Affairs (2007-2008). Under her leadership, the Ministry of Environment and Green Development became one of Mongolia’s four core ministries while the parliament approved the country’s green development strategy in 2014.

A geochemist by training, with a Ph.D in Earth Sciences from the University of Cambridge, Dr Oyun’s active public life extends beyond environmental protection to include advancing civil and social rights. Oyun is a member of advisory boards of a number of global initiatives including the Green Growth Knowledge Platform, Future Earth and International Environment Technology Centre of UNEP. She is also the founding member and the Chair of the Special Olympics Mongolia and heads the Zorig Foundation, a Mongolian NGO that advances democracy and supports youth and education.

...


64x64

Mongolia needs stable institutional system and higher standards of accountability www.montsame.mn

On May 22, we had an interview with the World Bank’s Country Manager for Mongolia James Anderson on Mongolia’s economic and governance issues.

-How long have you been working in Mongolia? 
-I came as the country manager in 2014 and I have been here ever since. I was here before from 1993 to 1997, working on organizing training and workshops for high-level policymakers on the institutions of a market economy as well as research on informal sector and effects of the large privatization programs.

-You have been working in the countries of former the Soviet Union and according to your experience working in Mongolia in the mid90’s, how did our country change? 
-After I left Mongolia in 1997 I worked for 11 years in about 15 different countries of former the Soviet Union in Eastern and Central Europe and six years in Vietnam. Vietnam has been going through a gradual change during these years. The former Soviet Union countries were very similar to Mongolia as they had a big shock in early 1990’s from the collapse of the trading arrangements and movement to a new market-based system. A lot of countries were trying to make that shift from planned economy to market economy, suffering from the loss of Comecon system. The countries of Central and Eastern Europe were luckier because they had access to Europe and some of them became able to join the EU over the years. It was important for them as it set for the target and standard that they had to meet and opened even greater access to trade. That’s a key difference. But I have to admit that after being away for years the change in the country was remarkable. I was shocked by the crowd on the streets having fun last Saturday, car-free day. The last time I saw such a big crowd in Mongolia was when I was studying the informal sector at the black market in the mid90’s when times were difficult.

-How would you evaluate Mongolia’s current economic situation? 
-Mongolia faced real challenge between 2014 and 2015. The economy had difficult times when commodity prices came down through a combination of policy mistakes and bad luck. In 2016 the budget deficit was extremely high. Happily, in 2017 the economy has recovered, partially because of tough measures that were taken to stabilize the economic situation. One of the challenges of Mongolia is it’s like a small boat in the ocean and it gets moved up and down fairly easily. Mongolia really needs to keep this in mind, be cautious and build up some buffers rather than going wild on spending when the times are good. It makes it easier to deal with negative shocks if they happen.

-Besides diversification and stable legal environment as experts say, what are the other focal points? 
-Diversification is very important, but when we talk about diversification we should really focus on diversifying assets. Which means ensuring that the population is well educated, developing appropriate skills of people so that they can thrive in any sector. So rather than picking a particular sector, it has to make sure that the institutional system is stable, predictable and healthy. From long time studies, the economic historians have identified that the quality of country’s institutions is essential for its long-term success. So when we talk about diversification, it means creating that institutional environment and supporting healthy, well-educated and prepared workforce. Personally, I think Mongolia has potential in IT as it has a strong tradition of mathematics education. IT is a sector for which Mongolia would not be at a disadvantage because of geography, and of course agriculture and livestock. These sectors are huge employers. Agriculture and livestock farming has been growing, but a lot more could be done to take it to the next level, commercialize and strengthen value changes so that they could even move towards exporting.

-You worked as a government specialist in Europe; have you done any observation on Mongolia’s governance? 
-While working in the countries of former the Soviet Union and Vietnam I focused on public administration, transparency, systems of accountability, measuring and monitoring corruption. Some of my observations from those times show that when the countries went through a radical redesign of their system it opened up spaces for corruption. Also when there’s a big amount of money lying, it causes corruption. We found that natural resource focused countries often have a bigger challenge than other countries to fight the corruption. The World Bank in general works on prevention, helping our partner countries to strengthen the institutions that reduce opportunities for corruption and institutions to deal with problems as they arise. One of the things that we’re working on here is strengthening social accountability, which means building a better bridge between public service providers and citizens to deliver better quality service as needed by citizens. Strengthening accountability helps reduce the opportunities for corruption. Some of my other research focused on different aspects of public administration. In several countries as Romania, Slovakia and Kyrgyz Republic I looked at many different aspects of the information system, civil service, and budget monitoring. One striking feature was how important it is to get the oriented civil service. It’s an extremely important and very difficult area of Mongolia to reform.

B.Misheel

...


64x64

135 entities taking actions for energy efficiency www.montsame.mn

Ulaanbaatar /MONTSAME/ The 6th ‘Green Technology, Energy Conservation-2018’ exhibition and consultation is taking place to expand partnership between public and private sector for introduction of green technology and innovation.

As a result of actions by the Government on green technology and innovation policy and strategy, 41 types of environmentally friendly equipment have been exempted from corporate income tax, promoting green technology. Also 15 equipment for energy saving, heat production, water saving and wastewater treatment have been exempted from customs duty starting from May, 2017, said Deputy Environment and Tourism Minister Ts.Batbayar in his opening remarks.

Emphasizing the increased number of national companies which are introducing ISO 1401 environmental management system, one of main criteria to get financial support from international banks and financial organizations, President of the Mongolian National Chamber of Commerce and Industry B.Lkhagvajav said more than 135 entities are implementing projects or taking actions on efficient energy use.

Additionally, ‘Anu Service’ Company was selected as the first entity that decreased greenhouse gas in Mongolia and has received compensation worth MNT 778 million from the Green Climate Fund and MNT 438 million from ‘Monsef’ organization.

At the exhibition, over 60 companies are introducing their technologies and products such as building insulation material made from sheep wool and electron heating or vacuum radiator.

B.Batchimeg

...


64x64

Mongolia, Russia to seek free trade deal www.xinhuanet.com

ULAN BATOR, May 29 (Xinhua) -- Mongolia and Russia have agreed to work toward a free trade agreement (FTA) to expand bilateral economic cooperation, Mongolia's Foreign Affairs Ministry said Tuesday.

The agreement was reached during a recent meeting between Mongolian Foreign minister Damdin Tsogtbaatar and his Russian counterpart Sergey Lavrov in Moscow.

Tsogtbaatar made an official visit to Russia on May 16-18.

The two nations have already begun joint research on an FTA outline.

Mongolia and Russia expect the free trade agreement to bolster two-way trade and investment, and deepen bilateral ties.

...


64x64

Constructional works of Bayankhoshuu and Selbe sub-centers launched www.montsame.mn

Ulaanbaatar/MONTSAME/ A constructional work of infrastructure and engineering systems of Bayankhoshuu and Selbe sub-centers was launched on May 28.

Northern part of Ulaanbaatar city will be developed as Bayankhoshuu and Selbe sub-centers within ‘Ulaanbaatar Urban Services and Ger Areas Development Investment Program’ being implemented with soft loans of ADB and EIB according to the master plan to develop Ulaanbaatar until 2030.

Present at the ceremony were S.Batbold, Governor of the Capital and Mayor of Ulaanbaatar City, S.Amarsaikhan, Chairman of Citizens’s Representative Khural of Ulaanbaatar City, D.Avirmed, project coordinator, officials of the municipal administration and authorities of companies that will execute the constructional works.

In Bayankhoshuu sub-center, basic infrastructure system will cover 162 hectares; 14 meter-wide and 7.42 km-long auto roads, 2.5 km flood protection dam, 4.65 hectare greenery and landscaping, 3.2 km heat distribution pipes to be connected to central heating system, 5.05 km water distribution pipes, 8.78 km sewerage system, reservoir with capacity of 1000 cubic meters, kindergarten for 240 children as well as others.

Presently, land acquisitions are complete and constructional works of kindergarten and business incubator building are running at 10 percent.Well-developed infrastructure and services will provide jobs, housing and economic opportunities and a sustainable living environment for citizens of 7th, 8th, 10th and 28th khoroos of Songinokhairkhan district.

“Bayankhoshuu sub-center will be put into operation in 2020. Along the infrastructure construction, constructional works for social facilities are running. One of the project features is to provide jobs and promote businesses of people who involved in the project. Following this project realization, a project named ‘Affordable housing’ will be implemented based on sub-center’s heating and water supply and sewerage system,” said S.Batbold, Governor of the capital.

Regarding Selbe sub-center, it will cover 158 hectares, involving three khoroos of Chingeltei and Sukhbaatar districts. Now, there are over 3500 households living in the area. Within the project, 9.97km heat distribution system, 26.6MW thermal power plant, 6.7 km auto road, 2.4 km flood protection channel, 3.01 hectare greenery, 6.01 km water supply pipes, 9.77 km sewerage system, business incubator, kindergarten and vocational training and production center as well as others will be constructed. Moreover, possibilities for new housing projects will be created based on the infrastructure development.

Operation of the thermal power plant in the Selbe sub-center will ensure kindergartens #35 and #51, public and social service organizations and about 3700 households to be connected to heating system. In other words, it will contribute to air pollution reduction. About 3700 households and over 10 entities will no longer use stoves, which will reduce raw coal consumption by 15 thousand tons.

M.Unurzul

...