1 MONGOLIA MARKS CENTENNIAL WITH A NEW COURSE FOR CHANGE WWW.EASTASIAFORUM.ORG PUBLISHED:2024/12/20      2 E-MART OPENS FIFTH STORE IN ULAANBAATAR, MONGOLIA, TARGETING K-FOOD CRAZE WWW.BIZ.CHOSUN.COM PUBLISHED:2024/12/20      3 JAPAN AND MONGOLIA FORGE HISTORIC DEFENSE PACT UNDER THIRD NEIGHBOR STRATEGY WWW.ARMYRECOGNITION.COM  PUBLISHED:2024/12/20      4 CENTRAL BANK LOWERS ECONOMIC GROWTH FORECAST TO 5.2% WWW.UBPOST.MN PUBLISHED:2024/12/20      5 L. OYUN-ERDENE: EVERY CITIZEN WILL RECEIVE 350,000 MNT IN DIVIDENDS WWW.GOGO.MN PUBLISHED:2024/12/20      6 THE BILL TO ELIMINATE THE QUOTA FOR FOREIGN WORKERS IN MONGOLIA HAS BEEN SUBMITTED WWW.GOGO.MN PUBLISHED:2024/12/20      7 THE SECOND NATIONAL ONCOLOGY CENTER TO BE CONSTRUCTED IN ULAANBAATAR WWW.MONTSAME.MN PUBLISHED:2024/12/20      8 GREEN BOND ISSUED FOR WASTE RECYCLING WWW.MONTSAME.MN PUBLISHED:2024/12/19      9 BAGANUUR 50 MW BATTERY STORAGE POWER STATION SUPPLIES ENERGY TO CENTRAL SYSTEM WWW.MONTSAME.MN PUBLISHED:2024/12/19      10 THE PENSION AMOUNT INCREASED BY SIX PERCENT WWW.GOGO.MN PUBLISHED:2024/12/19      КОКС ХИМИЙН ҮЙЛДВЭРИЙН БҮТЭЭН БАЙГУУЛАЛТЫГ ИРЭХ ОНЫ ХОЁРДУГААР УЛИРАЛД ЭХЛҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2024/12/20     "ЭРДЭНЭС ТАВАНТОЛГОЙ” ХК-ИЙН ХУВЬЦАА ЭЗЭМШИГЧ ИРГЭН БҮРД 135 МЯНГАН ТӨГРӨГ ӨНӨӨДӨР ОЛГОНО WWW.MONTSAME.MN НИЙТЭЛСЭН:2024/12/20     ХУРИМТЛАЛЫН САНГИЙН ОРЛОГО 2040 ОНД 38 ИХ НАЯДАД ХҮРЭХ ТӨСӨӨЛӨЛ ГАРСАН WWW.NEWS.MN НИЙТЭЛСЭН:2024/12/20     “ЭРДЭНЭС ОЮУ ТОЛГОЙ” ХХК-ИАС ХЭРЛЭН ТООНО ТӨСЛИЙГ ӨМНӨГОВЬ АЙМАГТ ТАНИЛЦУУЛЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/20     Л.ОЮУН-ЭРДЭНЭ: ХУРИМТЛАЛЫН САНГААС НЭГ ИРГЭНД 135 МЯНГАН ТӨГРӨГИЙН ХАДГАЛАМЖ ҮҮСЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/20     “ENTRÉE RESOURCES” 2 ЖИЛ ГАРУЙ ҮРГЭЛЖИЛСЭН АРБИТРЫН МАРГААНД ЯЛАЛТ БАЙГУУЛАВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/20     “ORANO MINING”-ИЙН ГЭРЭЭ БОЛОН ГАШУУНСУХАЙТ-ГАНЦМОД БООМТЫН ТӨСЛИЙН АСУУДЛААР ЗАСГИЙН ГАЗАР ХУРАЛДАЖ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/20     АЖИЛЧДЫН САРЫН ГОЛЧ ЦАЛИН III УЛИРЛЫН БАЙДЛААР ₮2 САЯ ОРЧИМ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/19     PROGRESSIVE EQUITY RESEARCH: 2025 ОН “PETRO MATAD” КОМПАНИД ЭЭЛТЭЙ БАЙХААР БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/19     2026 ОНЫГ ДУУСТАЛ ГАДААД АЖИЛТНЫ ТОО, ХУВЬ ХЭМЖЭЭГ ХЯЗГААРЛАХГҮЙ БАЙХ ХУУЛИЙН ТӨСӨЛ ӨРГӨН МЭДҮҮЛЭВ WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/19    

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MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2024 London UK MBCCI London UK Goodman LLC

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Ban Ki-moon's visit to Mongolia starts today www.akipress.mn

Former Secretary-General of the United Nations Ban Ki-moon will visit Mongolia on June 12 to take part in the Trans-Altai Sustainability Dialogue.
The Dialogue is co-hosted by the Mongolian Parliament, Stanford University’s Walter H. Shorenstein Asia-Pacific Research Center, the Ban Ki-moon Foundation For a Better Future, and Ewha Womans University. It will take place in Ulaanbaatar on June 13-14.
The event is aimed at stimulating cooperative action toward achieving the United Nations-adopted 2030 Agenda for Sustainable Development and expediting the implementation of gender equality and women’s empowerment.
Ban Ki-moon first visited Mongolia in 2006 when he was the Foreign Minister of the Republic of Korea. He has since visited Mongolia in 2009 and 2019 while serving as UN Secretary General.
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Tory MP lobbied for £10,000 donation from ‘Mongolian friend’ to be allowed www.theguardian.com

The prime minister’s trade envoy to Mongolia lobbied the Electoral Commission to permit a £10,000 donation to his party association from a “Mongolian friend”, documents reveal.
Daniel Kawczynski, the Conservative MP for Shrewsbury, contacted the independent electoral watchdog on 20 April, days after his return from a week-long trip to Mongolia in his role as trade envoy, accompanied by the UK ambassador.
Kawczynski said the “Mongolian friend” was “a personal contact, and was separate to my role as an envoy”. He declined to identify the would-be donor and said he travelled to Mongolia on a regular basis in a personal capacity as well as in his role as trade envoy.
He told the commission he did “not understand why British passport holders should be treated differently from foreign passport holders when it comes to political parties” and requested a meeting at the House of Commons with the watchdog’s chief executive, Shaun McNally, to discuss his “concerns” on the longstanding political finance rules banning donations from overseas donors.
Kawczynski claimed that “many jurisdictions around the world” permitted political donations from foreign passport holders. Research by the International Institute for Democracy and Electoral Assistance, a UN observer, suggests 70% of countries ban foreign donations to political parties.
The letter was sent from Kawczynski’s parliamentary email address. The members’ handbook on the use of the taxpayer-funded accounts say they should not be used “for activities that could be considered party political campaigning or fundraising”.
In a statement, Kawczynski said that he used his Commons email as he “wanted to seek advice and clarification in my capacity as a regulated donee (a member of parliament)”.
Kawczynski added: “Throughout I have followed the prevailing law on political finance, and I took advice from the Electoral Commission to ensure that I do.”
In a subsequent call with the Guardian, Kawczynski confirmed the donation had been offered to his party association, not to him personally.
The email was copied to the chair of the 1922 Committee, Sir Graham Brady, the chief whip, Simon Hart, and to another member of the whips’ office, Jo Churchill.
Kawczynski said he included them in his email to the watchdog as part of his attempts to “understand, ask and challenge, collectively, with colleagues” the rules on electoral finance.
This thirst for knowledge came as he had a potential £10,000 donation offered to his local association. Kawczynski said he benefited from the resources of his local association. “They spend funds on literature, promoting me, and all the other things that they do to support me as the member of parliament.”
Kawczynski said taking a donation from a “nefarious state” would be inappropriate, but “taking it from a friend who you’ve known from many years from overseas and having the ability to secure donations from overseas donors is certainly for debate”.
“These rules and regulations shouldn’t be always constantly pickled in aspic in perpetuity. Things do change, and I think it’s perfectly permissible for parliamentarians, people at the cutting edge of trying to secure donations for their local parties, to be able to test and challenge and scrutinise and debate, yes.”
A government spokesperson said foreign political donations would remain banned, adding: “One of the Electoral Commission’s roles is to provide advice on such matters to political parties and regulated donees.”
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Singapore, Mongolia sign MOU to collaborate on carbon credits www.businesstimes.com.sg

Singapore will work with Mongolia to identify potential carbon projects that can yield carbon credits supporting the two countries’ climate ambitions, said the Ministry of Sustainability and the Environment (MSE) on Sunday (Jun 11).
MSE said that an interagency working group will be established with Mongolia’s Ministry of Environment to implement a memorandum of understanding (MOU) that was signed last Friday.
The MOU was signed by Minister for Sustainability and the Environment Grace Fu and Mongolia’s Minister for Environment and Tourism Bat-Erdene Bat-Ulzii. Fu said the MOU underscores the two countries’ commitment to collaborate on carbon markets, aligned with Article 6 of the Paris Agreement.
Article 6 establishes a carbon accounting mechanism known as “corresponding adjustment”, which ensures that countries correct their country-to-country carbon transfer and trading mechanisms towards their Nationally Determined Contributions (NDCs). This ensures that one carbon credit is not claimed by more than one entity.
NDCs are a country’s commitment to reduce greenhouse gas emissions and adapt to its climate impacts.
“Such cooperation is critical for countries to advance climate ambition and accelerate climate action,” Fu added.
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In Mongolia, Genghis is the Good Guy www.medium.com

In the West, the name Genghis Khan conjures a collective memory of ravaging hordes, devastation and destruction. Indeed, when the Mongols swept through Russia, Hungary, and Poland in the 13th century, and began attacking the feudal principalities of Germany and the Holy Roman Empire, some believed the invaders were sent by God as punishment for Europe’s sins. Because some of these armed horsemen called themselves “Tatars,” rumor spread among the terrified populace that they were not human; they were a demon army sent by God from Tartarus — from hell.
But in Mongolia, Genghis is the founding father of the nation: the hero who rose from a humble herding family to unite the tribes of Mongolia and in his lifetime conquer much of China, Central Asia and Persia. Subsequent generations of khans created the largest empire our world has ever known, encompassing all of China, south to Burma and Vietnam, Tibet, the top half of India, all of Siberia and Central Asia, Persia, the Caucasus, Russia, the better part of the Balkans, Eastern and Central Europe. To mark the 800th anniversary of the founding of the Mongol Empire, Mongolia constructed the world’s largest equestrian statue: a 40 meter (120 feet) tall, glittering, stainless steel monument of Genghis Khan on his horse. Standing in the middle of a vast green valley, 54 km outside of Ulaan Bataar, the capital, I found the statue simply awe inspiring.
The Genghis Khan monument sits on top of a circular base with 36 pillars, signifying the linear of 36 khans who ruled the Mongol Empire. The European design elements in the base are also deliberate, such as the Corinthian and Ionian columns. These signify the Mongolians’ brief conquest of Europe in the 13th century.
Today, Mongolia is considered a small country. Geographically, it’s twice the size of Texas, but with a population of only 3 million wedged in betweeen Russia and China, its global significance is mostly as a source of minerals (copper, coal, uranium) and as a buffer between those two Asian giants. Fully half the population lives in Ulaan Bataar, and so the rest of this vast land seems as empty as it always was, even back in the days of the khans.
It may seem strange that in Genghis’ time the Mongols were massively outnumbered by the peoples they conquered. Indeed, the story of how Genghis Khan and the Mongols transformed Asia — and Europe — is both fascinating and woefully unknown to most of us, including me. I did some reading prior to our visit to Mongolia, and this book in particular, by historian Jack Weatherfield, opened my eyes:
Most of Mongolia is as vast and empty today as it was in the time of the Khans.
In a nutshell, Genghis Khan’s early life was filled with cruelty and hardship —the murder of his father by a rival tribe, the kidnapping (and rape) of his wife…all too common in those days. He killed his older brother to become leader of his household, and then gradually consolidated control, despite many powerful enemies and the betrayal of some of his closest allies and friends. His biography is preserved in a document known as The Secret History of the Mongols, which was written shortly after his death.
By his mid-forties, Genghis had united Mongolia, and then set his sights on the riches of China. Perhaps a life of constant warfare made him thirsty for more conquest. Whatever the motives, the ferocity, tactics and strategy of the steppe horsemen made the Mongol army an invincible force. Prosperous but complacent kingdoms were no match for them. His early successes convinced Genghis that God wanted him to unite and rule the world. And that is what he set out to do.
The extent of the Mongol Empire
The Mongols’ modus operandi was quite rational: When they approached a new city or kingdom, they would send emissaries, explaining the Mongol mission of global conquest. If the city surrendered, it would be required to pay tribute and contribute to the growing Mongol army, but otherwise left alone. If the leaders resisted, the city would be destroyed and stripped of riches. The aristocracy would be killed, and the citizens enslaved. Many cities responded to this choice by executing the emissaries. Sometimes the Mongols sent two or three parties to patiently explain what was going to happen. But in the end, it came down to slaughter, sack, enslave — again and again and again.
Kievian Rus was one such kingdom that killed the emissaries. Kiev was sacked, and for some 250 years the Mongol “Golden Horde” ruled a region that extended from Ukraine to Siberia — the first Russian empire. The Russian Orthodox Church decamped from Kiev, and set up a new national headquarters at a remote northern vassal state called Moscovy. In 1480, as the horde fell apart, the Rus aristocracy in Moscovy threw off the “Tatar yoke” and established a new Tsarist Russia. But, they kept many of the features of the Mongol’s asiatic administrative state, which helps explain the social and political differences between Russia and Europe today.
As the Mongol Empire expanded, riches flowed from the sacked cities and tribute-paying towns back to Mongolia. Imagine what the transformation must have been like for the herding, tent-dwelling tribes that stayed home. Suddenly, they were swamped with silks from China, jewels from India, riches beyond measure from Persia.
In the mountains near the Genghis Khan Monument is an outdoor museum that replicates 13th century mongol encampments, including this one, of Genghis Khan. No palaces for the Khans!
Despite their new luxuries, the Mongols resisted changing their lifestyle, preferring their mobile tents to palaces. When, under Genghis’ grandson, Kublai Khan, the Jin Empire of China was finally conquered, he built a new northern capital Beijing, close to the steppes. Within the captial he built a Forbidden City for the Mongol overlords. Behind these high walls were wide, empty courtyards, where the Mongols erected their tents and kept their own animals for milk and meat — so that they could maintain their nomadic lifestyle while ruling from the city.
What derailed the Mongols from their conquest of Europe? A family feud. A fight for succession brought the sons of Genghis back from Europe to Mongolia. Much wrangling ensued. The Europeans took advantage of the lull to stop their own squabbling, build better castles, and prepare to defend themselves. As a result, except for Ukraine and Russia, Europe staved off Mongol rule.
Luckily for Europe, subsequent generations of Mongol rulers lost interest in conquest and turned to trade. Throughout the 14th century, the Mongol Peace reigned throughout Eurasia. Trade routes flourished. When Marco Polo went to China, he did so along the Mongol-made Silk Road, staying at well-appointed Mongol trading stations all along the way. (In China, he worked for Kublai Khan). It was a time of incredible prosperity, as goods from Asia flowed west into Europe, and goods from Europe flowed east.
What brought the end to the Mongol Peace? A foe more powerful than either the Mongols or Europeans: a tiny flea. More specifically, a bacteria that lived in the flea. When infected fleas bit humans, they died fast and in great agony. The spreading infection turned the blood beneath the skin black, and so the illness became known as the Black Death. The plague originated in China (sound familiar?), but the global trade network of the Mongols enabled it to spread quickly all the way to Europe. The plague devastated populations everywhere. It weakened the pan-Asian Mongol Empire. Eventually it fell apart — though various genetic and cultural descendants of the khans would continue to rule parts of Central and South Asia for centuries more.
In 1921, when Mongolia was invaded by Russia and became a Soviet satellite state, the memory of Genghis Khan and the conquest of Russia by the Golden Horde was expunged. So, in 1991, when Mongolia emerged as a new, democratic state, the people reclaimed Genghis Khan as an important part of their history and their national identity.
I climbed the stairs inside of the Genghis Khan monument to emerge on the silver mane of his horse, together with a dozen or so Mongolian school kids. I got it that the country needed such a big statue to impress upon the next generation the story of the man who made Mongolia a nation, and in so doing, shaped the modern world.
BY Tim Ward, Mature Flâneur
Author, communications expert and publisher of Changemakers Books, Tim is now a full time Mature Flaneur, wandering Europe with Teresa, his beloved wife.
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Bid for Selection of Contractors and Funding for First Phase of Tavantolgoi TTP Announced www.montsame.mn

Selection of contractors and funding for the first phase (300 MW) of the Tavantolgoi 450 MW Thermal Power Plant project, to be implemented under a turnkey contract.
Tavantolgoi Thermal Power Plant state owned Co., Ltd will implement the Tavantolgoi Thermal Power Plant project in the two phases: 300MW and 150MW. Currently, the company is working to select the contractor and funding for the Engineering, Procurement, and Construction (EPC) contract on turnkey conditions for the first phase of 300MW.
The Ministry of Energy is pleased to announce a tender for the selection of the contractor and funding for the first phase of 300 MW of the plant, which will be implemented under a turnkey contract, and invites all eligible interested parties to submit their proposals accordingly to participate in the tender.
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UN High Representative for Disarmament Affairs to Pay Working Visit to Mongolia www.montsame.mn

Izumi Nakamitsu, the Under-Secretary-General and High Representative for Disarmament Affairs of the United Nations, will pay a working visit to Mongolia. The visit will take place in the coming days, as Nakamitsu participates in the 8th International "Ulaanbaatar Dialogue" on North East Asian Security Issues, scheduled to be held in Ulaanbaatar on June 15-16.
Moreover, Nakamitsu will deliver a presentation titled "Intersection of International and Regional Disarmament: Future Challenges and Opportunities", designed to engage young researchers and students at the National University of Mongolia.
The visit of the UN Under-Secretary-General and High Representative for Disarmament Affairs is a tribute to Mongolia's dedication and acknowledgment of the nation's efforts in reinforcing international peace and security.
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New B2B or/and investment and business partnership seeking project offers posted on the section www.mongolianbusinessdatabase.com

MBD's longlasting partners are going to post their invstment projects on our website from now on for for potential investors. We are starting from the offers from Gold&Copper, REE&Graphite, Natural spring water resource, Tourist camp in Terelj and "Sustainable" certified cashmere manufacturer and owners who are looking for the potential investors and potential partners.

Please see the "B2B offers, Ads and Events" section at the bottom of this news bulletin and MBD website.

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Pope recovering well from surgery but to skip Sunday blessing www.reuters.com

ROME, June 10 (Reuters) - Pope Francis' recovery from surgery is going well but doctors advised him not to deliver his Sunday blessing from a hospital balcony to avoid strain on his abdomen.
Briefing reporters at the Gemelli hospital on Saturday, chief surgeon Sergio Alfieri also said the 86-year-old had agreed with doctors to stay there for at least all of next week.
Francis underwent a three-hour operation to repair an abdominal hernia on Wednesday.
"Only three days have passed. We asked the Holy Father to be prudent and avoid the strain (of standing at the balcony)," Alfieri said. "Each time he gets out of bed and sits in an armchair puts stress on the abdominal walls."
A mesh prosthetic was inserted into the abdominal wall to help it heal and doctors want it to settle and attach properly to avoid another operation if it breaks, he added.
"You can understand how that would not be pleasing for him, and for me," Alfieri joked.
PORTUGAL, MONGOLIA TRIPS STILL ON SCHEDULE
Vatican spokesperson Matteo Bruni said the pope would say Sunday's traditional noon Angelus prayer in his hospital suite and the faithful could say it at the same time.
Alfieri said the pope was taken off intravenous tubes on Friday and had started a semi-liquid diet. All medical parameters were within the norm, there were no cardiac problems and complete healing of the abdominal scars would take about three months, he added.
The Vatican said blood test results were good and chest X-rays showed no problems.
Francis had part of one lung removed because of an illness when he was 21-year-old in his native Argentina.
Doctors had said after the operation that the pope should have no limitations on travels and other activities after recovery. He has trips to Portugal on Aug. 2-6 for World Youth Day and to visit the Shrine of Fatima, and to Mongolia Aug. 31-Sept. 4, one of the remotest places he will have visited.
Bruni reiterated that all audiences had been cancelled until June 18 but after that the pope's schedule would remain for now.
The pope traditionally takes all of July off, with the Sunday blessings being his only public appearance, so he will have the entire month to rest before the Portugal trip.
Reporting by Philip Pullella and Angelo Amante; Editing by Hugh Lawson and Andrew Cawthorne
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India kicks off Intercontinental Cup 2023 with 2-0 win over Mongolia www.timesofindia.indiatimes.com

The Indian senior men's team kicked off their Intercontinental Cup 2023 campaign with a comfortable 2-0 victory over Mongolia at the Kalinga Stadium in Bhubaneswar. In what was the Blue Tigers' first-ever match in Odisha in a competitive meet, they wasted no time stamping their authority, with Sahal finding the net inside two minutes before Lallianzuala Chhangte doubled the lead in the 14th minute.

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IMF Managing Director’s Remarks at the Caucasus, Central Asia, and Mongolia Regional Capacity Development Center (CCAMTAC) Opening Ceremony www.imf.org

Thank you, Norbert. Honorable Governor Pirmatov, Executive Directors, Distinguished Guests,
I am delighted to welcome all of you to CCAMTAC! Our Caucasus, Central Asia, and Mongolia Regional Capacity Development Center.
We’re opening this Center to support our members across this diverse and dynamic region of close to 100 million people, as they navigate a range of economic opportunities and challenges. In areas spanning fiscal, monetary, and financial policy, and statistics, CCAMTAC will help members build stronger policies and institutions that foster inclusive growth.
What are the Center’s benefits? I see three big ones:
First, it provides direct, easy-to-access capacity development resources to the region, building on and complementing existing technical assistance and training from headquarters, the Joint Vienna Institute, the Singapore Training Institute for Mongolia, and other regional training centers.
Local access is so important because the region’s demand for capacity development services has been growing. This includes demand on traditional topics such as macroeconomic forecasting and policy scenario analysis, and new topic areas like central bank digital currencies and transitioning to a greener economy.
While the virtual tools that advanced so much during the pandemic have brought tremendous benefits, there’s no substitute for coming together and working in person.
Second, CCAMTAC helps its members learn from each other. It is a platform for peer learning that is needed in this region. We need this for issues such as climate and digitalization that are too complex and fast-moving for one country or institution to solve alone. So, we need to share our experiences openly and learn from each other.
This cooperation also brings another benefit—the third one I want to highlight: it helps us counter geo-economic fragmentation. Bringing together countries with common challenges, bilateral partners committed to their development, and global institutions such as the IMF fosters mutual understanding. That can help them avoid policies that seek short-term advantage at the cost of neighbors—and everyone’s future prosperity.
And let me mention one more benefit: the Center strengthens cooperation within each country. This helps the central bank, ministries, and agencies achieve greater policy coherence.
Given all these benefits, you can imagine that we have been awaiting this moment—the Center’s physical opening—with great anticipation. The video we just saw gave us a glimpse of the extraordinary work that had been done to set up CCAMTAC during the pandemic.
Staff had to be recruited remotely. Regional advisors worked from overseas. And the team here fought through supply chain disruptions to finish this beautiful space just a few months ago, allowing us to cut the ribbon today. Bravo to everyone whose hard work made this possible! We can’t thank you enough.
The opening of CCAMTAC could not have happened without the involvement and commitment of all member countries, including the host country and our development partners.
In December 2020, Mr. Dossaev, at the time Governor of the NBK and now mayor of Almaty, and I, gave a strong push to the project. Kazakhstan is contributing more than 40 percent of the Center’s first five-year budget.
CCAMTAC’s success will depend on the full commitment and ownership of all its member countries. Uzbekistan, Armenia, and Georgia have already contributed. Azerbaijan’s agreement has just been finalized. And the other regional members have told me they are enthusiastic about the Center, so I’m optimistic that they will contribute as well.
We are equally grateful to our bilateral partners Switzerland, Russia, China, Korea, the United States, the Asian Development Bank and Poland for supporting the Center. Discussions with the European Commission are advanced as well, and we hope that other partners will join over time.
And I would like to thank our dedicated IMF staff and Marcel Peter, Executive Director at the IMF. Far too many people have been involved to name them all at this occasion, but some of them are here today.
Please let me mention in the name of their respective teams Jihad Azour, the Director of the Middle East and Central Asia Department and Dominique Desruelle, the Director of the Institute for Capacity Development. And of course, Norbert Funke, CCAMTAC’s first director.
I am confident that CCAMTAC will make a very strong contribution to capacity building in the region to support sustainable and inclusive economic development.
Thank you.
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