1 ABOUT 50,000 CHILDREN HAVE DOMESTIC ACCIDENTS EVERY YEAR WWW.GOGO.MN PUBLISHED:2026/02/03      2 FROM MONGOLIA TO TEAM USA, OPENING CEREMONY FASHION TAKES CENTRE STAGE AT MILANO CORTINA 2026 WWW.OLYMPICS.COM PUBLISHED:2026/02/03      3 MONGOLIA’S HUNNU AIR EYES NETWORK GAINS FOLLOWING E2-BASED FLEET MODERNISATION WWW.FLIGHTGLOBAL.COM PUBLISHED:2026/02/03      4 JUSTICE REFORMS IMPLEMENTED IN PHASES WWW.MONTSAME.MN PUBLISHED:2026/02/03      5 OVER 7,000 FOREIGN NATIONALS GRANTED VISA CLEARANCE WWW.MONTSAME.MN PUBLISHED:2026/02/03      6 PDIC, MONGOLIA COUNTERPART DEEPEN DEPOSIT INSURANCE COOPERATION WWW.DAILYGUARDIAN.COM.PH PUBLISHED:2026/02/03      7 CPC DELEGATION VISITS MONGOLIA, SINGAPORE WWW.XINHUANET.COM PUBLISHED:2026/02/03      8 ASSTRA TRANSPORTS COILS TO MONGOLIA WWW.HEAVYLIFTPFI.COM  PUBLISHED:2026/02/03      9 JANUARY COAL EXPORTS REACH 2 MILLION TONS WWW.MONTSAME.MN PUBLISHED:2026/02/02      10 PM ZANDANSHATAR ORDERS STUDY INTO SMALL-SCALE NUCLEAR POWER WWW.GOGO.MN PUBLISHED:2026/02/02      ДУЛААНЫ 5-Р ЦАХИЛГААН СТАНЦЫН ГАЗАР ШОРООНЫ АЖЛЫГ ЭНЭ САРЫН 15-НД ЭХЛҮҮЛНЭ WWW.GOGO.MN НИЙТЭЛСЭН:2026/02/03     IQ-ИЙН ДУНДАЖ ҮЗҮҮЛЭЛТЭЭР МОНГОЛЧУУД НАЙМДУГААРТ ЭРЭМБЭЛЭГДЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/02/03     МОНГОЛБАНК 1.9 ТОНН ҮНЭТ МЕТАЛЛ ХУДАЛДАН АВЧЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/02/03     НИЙСЛЭЛД ХИЙ ЦЭНЭГЛЭХ 33 ЦЭГ БАЙГУУЛНА WWW.EAGLE.MN НИЙТЭЛСЭН:2026/02/03     УГААРЫН ХИЙД 169 ИРГЭН ХОРДОЖ, ЭМНЭЛГИЙН ТУСЛАМЖ АВЧЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/02/03     НЭГДҮГЭЭР САРД 2 САЯ ТОНН НҮҮРС ЭКСПОРТОЛЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/02/03     НИЙСЛЭЛД 5000 ХИЙН ХАЛААЛТЫН ЗУУХ, 20 МЯНГАН ХИЙН БАЛЛОН ХҮЛЭЭЖ АВАХ АЖЛЫН ЯВЦ 71.5 ХУВЬТАЙ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/02/03     АРИЛЖААНЫ 9 БАНКНЫ 30,162 ДАНСЫГ АШИГЛАН ЗАЛИЛАН ХИЙЖЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/02/03     ЕВРОПЫН СЭРГЭЭН БОСГОЛТЫН БАНК МОНГОЛД 2 ТЭРБУМ АМ.ДОЛЛАРЫН ХӨРӨНГӨ ОРУУЛАЛТ ХИЙЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/02/02     "РИО ТИНТО"-ТОЙ ЗЭЭЛИЙН ХҮҮГ БУУРУУЛАХ АСУУДЛЫГ ХЭЛЭЛЦЭХ ХУГАЦАА ДУУСГАВАР БОЛЛОО WWW.EGUUR.MN НИЙТЭЛСЭН:2026/02/02    

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Events

Events

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MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2025 London UK MBCCI London UK Goodman LLC

NEWS

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Astana to host 10th Kazakhstan - Mongolia Intergovernmental Commission meeting in 2026 www.qazinform.com

Ambassador of Kazakhstan to Mongolia Almas Seitakynov met with Minister of Food, Agriculture and Light Industry of Mongolia – Chair of the Kazakhstan-Mongolia Intergovernmental Commission on Trade and Economic, Scientific and Technical, and Cultural Cooperation (IGC) Myagmarsuren Badamsuren, the press service of the Kazakh Foreign Ministry reported. 
The meeting was also attended by Minister for Family, Labour and Social Protection Telukhan Aubakir, Member of Parliament – Deputy Chair of the Kazakhstan-Mongolia Parliamentary Friendship Group Khazhekber Jangabyl, as well as Member of Parliament Sarkhad Zulpkhar.
The sides discussed the current state and prospects of cooperation in agriculture, transport and logistics, light industry, tourism, education and culture, as well as opportunities to increase bilateral trade turnover. Particular attention was given to expanding direct business-to-business contacts between relevant agencies and private sector, enhancing cooperation, and implementing joint projects.
The parties also noted the important role of parliamentary friendship groups in promoting bilateral relations and strengthening ties between the peoples of the two countries.
Following the meeting, an agreement was reached to organize the 10th anniversary meeting of the IGC in Astana in 2026.
Earlier, it was reported that Mongolia's Immigration Agency issued visas to 124,000 foreign nationals in 2025.

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9 Mongolian provinces experience harsh wintry weather www.xinhuanet.com

At least nine of all the 21 Mongolian provinces have been experiencing extreme wintry weather, known as "dzud," the country's National Emergency Management Agency (NEMA) said Wednesday.
Dzud is a Mongolian term to describe a severely cold winter when a large number of livestock die because the ground is frozen or covered with snow.
"At least nine provinces, including Uvs, Khovd and Zavkhan in the west, as well as Uvurkhangai in the central and Selenge in the north, are now experiencing the dzud," the NEMA said in a statement.
In addition, 16 provinces are experiencing near-dzud conditions, the emergency agency said.
Animal husbandry is one of the main pillars of the Mongolian economy, and almost 40 percent of the country's nomadic population depends on it.
However, due to the harsh and long winter, most of Mongolia's nomadic herders lose livestock every year.
According to NSO, Mongolia had 58.1 million head of livestock at the end of 2025.

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Investor Protection Center Launched in Mongolia www.montsame.mn

As part of the Government’s policy to improve the investment environment and protect the lawful interests of domestic and foreign investors, the Investor Protection Center was established under the Ministry of Economy and Development and officially opened on January 12, 2026.
At the opening ceremony, First Deputy Prime Minister and Minister of Economy and Development Enkhbayar Jadamba stated, “Mongolia is consistently working to create a more transparent, stable, and predictable business environment for investors. In line with the Prime Minister’s directives, the center will establish a mechanism to convey investors’ voices directly to the Government and safeguard their legitimate interests. Economic expansion, export growth, industrial development, and job creation are inseparable from investment. Private sector leadership plays a key role in this process. However, the current investment climate remains unfavorable, making comprehensive policy reforms urgently needed to attract and increase investment.”
The Government has reviewed Mongolia’s investment policies and cooperation frameworks implemented over the past 30 years and has launched reforms of the legal environment. In this context, draft amendments to the Law on Investment and a draft Law on Trade are planned for discussion during the spring session of the State Great Khural. In addition, reforms are underway to transform state inspections into a clearer, advisory, preventive, and risk-based system. The draft Law on Permits has also entered parliamentary deliberation. These reforms aim to promote economic freedom and make Mongolia more business- and investment-friendly.
The newly established center will provide investors with legal and regulatory information through a one-stop service, ensure transparency, and receive and assist in resolving complaints and grievances before they escalate to court proceedings. Given that more than 200 laws regulate business relations in Mongolia—including around 40 provisions that restrict foreign investment—the center will relay investors’ real concerns to the government and provide practical support in resolving them. The center will also facilitate experience and information sharing, strengthen public–private partnerships, protect investors’ lawful rights and property inviolability, and collaborate with the private sector and professional associations to ensure that state involvement in business remains at an appropriate level.
The establishment of the Investor Protection Center is expected to provide tangible support in creating a stable, transparent, and favorable investment environment in Mongolia, while elevating public–private cooperation to a new stage.

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4.5 Hectares Near Nogoon Nuur to Be Cleared for New Park www.montsame.mn

The Capital city plans to expand green spaces and public parks starting in 2026, providing residents with more areas for leisure and recreation.
As part of this effort, landscaping and greening works will be carried out around Nogoon Nuur and along the eastern avenue of the Gandantegchinlen Monastery. Population growth and new residential zones have emerged in the 9th, 10th, and 11th khoroos of Sukhbaatar district. Therefore, under the “20-Minute City” planning concept, the area will be developed into a friendly and accessible urban zone. Accordingly, 4.5 hectares of land near Nogoon Nuur will be cleared to build a park featuring an artificial lake. The park will include green areas, open spaces, bicycle paths, and parking facilities. Additionally, the area around the 16th khoroo of Bayangol бistrict, near Gandan, will be upgraded into a model street, and land clearance is currently underway.
Meanwhile, 48 ongoing landscaping and construction projects are continuing this year, including playgrounds, football fields, pedestrian walkways, public spaces, fencing, and other improvement works. In 2026, the city also plans to launch 24 new landscaping and development projects.

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JICA signed the SATREPS protocol in the capital of Mongolia, Ulaanbaatar www.open.kg

On January 8, the Japan International Cooperation Agency (JICA) signed a protocol of discussions in Ulaanbaatar as part of the project "Creating a Digital Network Platform for Integrated Modeling Assessing the Resilience of Ecosystems of Pastures and the Gobi Desert to Climate Change and Human Activities" under the SATREPS program.
The signing ceremony was attended by Batbold Munkhtur, Director of the Department of Science and Technology Policy and Planning of the Ministry of Economy and Development of Mongolia, Sodnomzambuu Demberel, President of the Mongolian Academy of Sciences, and Tokudji Yoshimiura, Senior Representative of JICA in Mongolia.
This project is the result of collaborative efforts between Yamaguchi University and the Institute of Mathematics and Digital Technologies of the Mongolian Academy of Sciences. The main goal is to develop sensor technologies that will combine satellite data with information collected on-site in pasture areas of Mongolia that are prone to desertification. The project also includes the development of methods and mechanisms for assessing the resilience of ecosystems, allowing for the monitoring of the impact of human activities and climate change on these ecosystems.

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Mongolia’s AI Readiness Explored in UNDP’s “The Next Great Divergence” Report www.news.fundsforngos.org

Today, the United Nations Development Programme (UNDP) in Mongolia, in partnership with the Ministry of Digital Development, Innovation and Communications, launched the “The Next Great Divergence” report and convened a high-level dialogue on Mongolia’s readiness for artificial intelligence (AI). The report, published by UNDP’s Regional Bureau for Asia and the Pacific, highlights AI’s potential to drive economic growth, improve public services, and advance human development, while cautioning that uneven digital infrastructure, skill gaps, and governance challenges risk deepening inequalities between countries. It identifies this emerging risk as the “Next Great Divergence,” stressing that current policy choices around AI adoption will shape long-term development outcomes.
At the opening of the event, Ms. Matilda Dimovska, UNDP Resident Representative in Mongolia, emphasized that many countries lack the necessary infrastructure, skills, and governance systems to fully benefit from AI, and that these imbalances could exacerbate global inequalities. Mr. Batshugar Enkhbayar, Minister of Digital Development, Innovation and Communications, outlined Mongolia’s policy priorities, emphasizing that AI should enhance human capabilities and contribute to societal well-being. He highlighted the importance of strong collaboration between government, the private sector, and international organizations, particularly in areas such as healthcare, education, and public safety.
New Year Discount
Mr. Firuz Saidkhadzhaev, Climate Finance and Development Economist at UNDP Mongolia, presented the report’s findings, examining how rapid AI development is affecting countries differently. He underscored the importance of leveraging AI as a driver of economic growth in Mongolia while ensuring that policies are designed to reduce social and regional inequalities.
The event also featured a panel discussion titled “AI for Inclusive Development: From Global Risks to Local Solutions,” bringing together government officials, innovators, and private sector representatives. The panel explored Mongolia’s emerging AI policy framework, practical applications such as pastureland management and transparency, and the broader challenges and opportunities of scaling AI responsibly.
Overall, the event served as a platform for multi-stakeholder dialogue, contributing to the development of Mongolia’s National AI Strategy and reinforcing partnerships to ensure that AI adoption is inclusive, ethical, and aligned with human development priorities. UNDP continues to support Mongolia and other nations in building frameworks that harness AI for equitable and sustainable growth.

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Erdene Achieves Gold Production in Mongolia, Advances Multi-Mine District Strategy www.cruxinvestor.com

Erdene Resource Development Corporation achieved a significant milestone in September 2025 with first gold production at its Bayan Khundii mine in southwestern Mongolia. This transition from explorer to producer marks the beginning of what CEO Peter Akerley describes as a systematic strategy to build "a new minerals district in southwestern Mongolia that ultimately will be a multi-mine producer of multiple commodities."
The achievement positions Erdene among a select group of junior mining companies that successfully navigated the challenging period of high-cost capital and prolonged exploration to reach commercial production. With gold prices hovering near $4,600 per ounce and copper maintaining strength, the company now faces the challenge of converting initial production success into a sustainable multi-asset operation while maintaining the capital discipline that characterised its development phase.
Construction Execution in Evolving Infrastructure
The Bayan Khundii mine was constructed for $115 million over 22 months, meeting both budget and timeline targets in an environment often characterised as infrastructurally challenging. Akerley notes that perceptions of Mongolia's remote southwestern region evolved during the construction period itself: 
"We brought in power from the Chinese border. Roads are being built past our project now. So, much of what was considered a challenge was mitigated through the good contractors we had on site, but also that changing infrastructure."
The successful execution stemmed partly from Erdene's partnership with Mongolian Mining Corporation (MMC), which contributed both capital and operational expertise from developing a billion-dollar coal mine in Mongolia. This partnership brought complementary skill sets - Erdene's 25 years of Mongolian exploration experience combined with MMC's demonstrated ability to deliver large-scale mining projects on budget in challenging conditions.
The transition from explorer to producer fundamentally altered Erdene's market positioning. Trading volumes increased fourfold upon achieving production, supported by a share consolidation that improved liquidity. "There's a different audience out there that's paying attention," Akerley observes, noting that the company now attracts different investor types focused on production metrics rather than exploration potential alone.
Operational Ramp-Up Through Technical Optimisation
The Bayan Khundii plant has reached nameplate capacity of 1,950 tons per day, operating at approximately 90% utilisation. However, the transition from bulk mining startup to selective high-grade operations continues to present technical challenges that directly impact reconciliation between reserve models and actual production.
Initial operations deliberately fed sub-grade material through the plant during commissioning, producing 340 ounces in September. The company has gradually increased feed grade to approximately 2 g/t - matching the resource average with a target of reaching the 3.8 g/t reserve grade by April 2026 when commercial production is expected to be declared.
Several technical refinements are underway. Blasting patterns required adjustment to achieve proper fragmentation, initially resulting in 15% of material being diverted due to excessive coarseness. "The hardest material is the stuff that has the most juice in it because that's the siliceous ore that is around the quartz veins," Akerley explains, noting that this higher-grade material's exclusion complicated early reconciliation efforts. A mobile crusher has been deployed to process this coarse fraction while longer-term blast optimisation continues.
The ramp-up process involves systematic improvements across the mining value chain. Akerley describes the progression: 
"It's everything from updated resources to digging lines to blasting to the mining. Mining is a big part of this. You have operators that are new to this who if they are experienced have come out of coal mining, so it's getting it down to very fine-tuned mining and then it's the blending of those stockpiles into the plant."
Financial Structure Supporting Strategic Capital Allocation
The operating subsidiary carries $123 million in debt comprising a $50 million commercial loan, approximately $60 million in shareholder loans from MMC, plus accrued interest. The company has begun debt repayment with priority given to retiring the commercial facility before shareholder loans.
Despite debt service obligations, partners have approved continued exploration spending - several million dollars in late 2025 and $10 million budgeted for 2026. This decision reflects confidence that Bayan Khundii operations have achieved self-sustaining status without requiring additional capital injections. The exploration budget enables simultaneous advancement of multiple projects while debt reduction proceeds.
Capital allocation priorities balance three objectives: debt reduction, sustained exploration across the project portfolio, and evaluation of plant expansion opportunities. The partners maintain flexibility to redirect cash flows toward development projects or additional acquisitions should opportunities arise, though debt retirement and exploration remain the near-term focus.

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Mongolia's combed cashmere exports up 28.7 pct in 2025 www.xinhuanet.com

Mongolia has exported 4,000 tons of combed cashmere worth 330.6 million U.S. dollars in 2025, official data released by the country's Customs General Administration showed on Tuesday.
The figure increased by 28.7 percent in terms of value compared with 2024, according to the data.
Under a national campaign to promote the sector, a total of 198 billion tugriks (57.5 million U.S. dollars) is planned to be invested to increase the capacity of cashmere processing plants in the country.
By 2028, it is planned to increase the primary processing of cashmere in the domestic market to 100 percent, and the deep processing of cashmere to 40 percent.
According to Mongolia's Ministry of Food, Agriculture and Light Industry, the country's cashmere export revenues are forecasted to reach approximately 700 million U.S. dollars.
Currently, approximately 50 related enterprises operate in Mongolia, with an installed capacity to process 119,000 tons of combed cashmere.

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Mongolia and Kazakhstan to cooperate on livestock vaccine factory www.gogo.mn

M.Badamsuren, Minister of Food, Agriculture, and Light Industry, held a meeting with Almas Seitakynov, the Ambassador Extraordinary and Plenipotentiary of the Republic of Kazakhstan to Mongolia, to discuss deepening bilateral economic ties.
During the meeting, Minister M.Badamsuren called for the full implementation of existing agreements regarding the steady supply of Mongolian exports, including wool, cashmere, leather, and meat products, to the Kazakh market.
Furthermore, the Minister expressed optimism for increased imports from Kazakhstan. This includes essential food products such as fruits, berries, vegetables, and rice, as well as the procurement of high-quality elite wheat seeds and other crop varieties to bolster Mongolia's agricultural sector.
Ambassador Seitakynov reaffirmed Kazakhstan’s interest in the Mongolian cashmere sector and proposed a significant joint venture: the establishment of a livestock vaccine factory in Mongolia. This project aims to improve animal health and curb the spread of livestock diseases across the region.
The two parties concluded the meeting by pledging to intensify cooperation across multiple sectors, including transport, logistics, tourism, and education, while striving to create a more favorable environment for cross-border business.

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Mongolia’s robust politics backslides into electoral autocracy in 2025 www.eastasiaforum.org

In 2025, Mongolia’s defining event surprisingly came from popular culture, with the Netflix show Physical: Asia captivating the nation. Domestic politics was unstable — marked by two no-confidence votes, leadership turmoil within the ruling Mongolian People’s Party and weak governance — but this instability did not yield major policy shifts. Despite appearing democratic, Mongolia slipped into the ‘electoral autocracy’ category amid growing concerns over free speech and arbitrary arrests of journalists. Falling coal exports early in the year were offset by strong copper production and high global copper prices, offering cautious optimism for the economy despite ongoing political fragility.
Overshadowing relations with Russia, China and North Korea, global commodity prices and two domestic political crises, the big event of 2025 for Mongolia may have been the broadcast of the Physical: Asia game series on Netflix. The Mongolian team reached the final of the show, with the excitement in Ulaanbaatar comparable to Mongolia winning its first gold medal at the Beijing Olympic Games in 2008.
But in contrast to the team dynamics broadcast in Physical: Asia, domestic politics in Mongolia in 2025 was marked by the absence of teamwork and two no-confidence votes against prime ministers.
First, Luvsannamsrain Oyun-Erdene was removed from his role as prime minister through a no-confidence vote in June 2025. His successor, current Prime Minister Gombojavyn Zandanshatar, almost lost a no-confidence vote himself on 17 October 2025. But the Constitutional Court of Mongolia overturned this vote on procedural grounds several days later, leaving Zandanshatar in office. Throughout this turmoil, which was largely the result of infighting within the governing Mongolian People’s Party (MPP), there have been no major changes in policy.
MPP infighting has expressed itself in the turnover of the party chairman. In the past, when the MPP has formed government, the prime minister has also been party chairman. For example, Oyun-Erdene served in both roles. But when Zandanshatar was appointed prime minister, he was not elected as party chairman. Nyam-Osoryn Uchral was ultimately elected as party chairman on 15 November 2025, with the presumed mandate to unite the MPP parliamentary group and the party at large. He was also elected to replace Dashzegviin Amarbayasgalan as speaker of parliament.
The fact that policy continuity has endured despite these leadership changes indicates the absence of substantive policy differences between competing parties and intraparty factions. Instead, personal allegiance networks have dominated these intraparty battles.
Zandanshatar emerged as Oyun-Erdene’s successor despite a relatively weak position. He served as speaker of parliament from 2019 until the 2024 parliamentary election, but was one of few prominent politicians not to win direct election in that vote despite an electoral system that favoured incumbents. Unless Uchral succeeds in re-uniting the party and improving support for Zandanshatar, he will remain a weak prime minister and will likely be replaced in the medium term. His government’s tenure will be focused on addressing the fiscal imbalance facing the public budget.
These events may have dominated the news and appear to be democracy in action. But in the Varieties of Democracy index, Mongolia slid into the ‘electoral autocracy’ category, largely because of perceived restrictions on free speech and the right to assemble. Following similar incidents in previous years, another case of journalists being arrested in March 2025 has fuelled the fear of somewhat arbitrary arrests of government critics. Perhaps as a result, self-censorship is taking root.
While the electoral system remains intact, there are increasing concerns within Mongolia that democracy needs support to better face authoritarian pressures from around the region.
Perhaps happily, given Mongolia’s neighbours, nothing of substance happened in Mongolian foreign policy. The pace of visits from Organization for Security Co-operation in Europe countries slowed down somewhat. The Imperial Japanese visit to Mongolia and Mongolian President Ukhnaagiin Khurelsukh’s state visit to India were also largely ceremonial highlights, in addition to Khurelsukh’s visit to the United Nations General Assembly.
Russian aggression against Ukraine appears to have become the new global normal without an immediate impact on its other neighbours. The Chinese regime has also been relatively quiet regarding Mongolia — seen by some as a sign of the continued success of Mongolia’s multi-vector foreign policy. In summer 2026, Mongolia will host the Conference of the Parties to the United Nations Convention to Combat Desertification.
The Mongolian economy was marked by a decline of coal exports during the first half of 2025 that hurt public and private balance sheets. Two large copper mines, the government-owned Erdenet, and Oyu Tolgoi, a joint venture with Rio Tinto, were both producing at a great volume to high global copper prices.
Coal exports increased again in the second half of the year, though the long-term outlook for these exports looks unclear. There are — once again — rumours about the government’s various agreements with Rio Tinto. But Rio Tinto has so far countered these rumours at least symbolically, such as by appointing a Mongolian CEO of the mining operation at Oyu Tolgoi.
There are also rumblings around the appointment of numerous deputy ministers by Zandanshatar at the end of 2025, reinforcing his government’s relative weakness. This weakness is likely to continue in 2026. High global copper prices seem likely to continue in the coming year, providing a basis for continued economic expansion and an opportunity for the government to address its fiscal challenges, assuming that renewed calls for the renegotiation of agreements with Rio Tinto do not turn into a prolonged stand-off with investors.
BY
Julian Dierkes is Dean of the School of Social Sciences at the University of Mannheim, Germany.

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