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    

Events

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

NEWS

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Rio Tinto sets up new exploration office in Mongolia www.reuters.com

MELBOURNE (Reuters) - Rio Tinto will set up a new office in the Mongolian capital of Ulaanbaatar, separate from its Oyu Tolgoi mine division, to focus on exploration and building local ties.

The new office, which will expand to 80 staff this year, will support the company’s exploration program and local services units, as well as focus on growing relationships, the miner said in a statement on Monday.

“Today we are demonstrating the deepening of our commitment to Mongolia through the establishment of a new country office under new Mongolian leadership,” Rio Tinto chief executive Jean-Sebastien Jacques said.

“Mongolia is one of Rio Tinto’s most strategically important markets and we are here to stay.”

Rio Tinto operates the Oyu Tolgoi copper and gold mine, which is jointly owned by the government of Mongolia, with 34 percent, and Turquoise Hill Resources with 66 percent. Turquoise Hill is in turn 51 percent-owned by Rio Tinto.

The company had invested more than $7 billion in Mongolia since 2010, including salaries, supplier payments, investment in the community, and $1.5 billion in taxes, royalties and other payments to the government, Jacques said.

Earlier this month Oyu Tolgoi said it was evaluating a bill for about $155 million from Mongolia’s tax authority following an audit of payments made between 2013 and 2015.

Munkhtushig Dul has been appointed as Rio Tinto’s country director and will lead the new Rio Tinto office. He will work in coordination with the Oyu Tolgoi LLC team, led by managing director Armando Torres.

Dul has previously worked in senior roles within the Noble Group’s Mongolian operations, as well as the Mongolian Stock Exchange and the Executive Office of the National Security Council.

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Foreign trade turnover reaches USD 10.5 billion www.montsame.mn

Ulaanbaatar /MONTSAME/ In 2017, Mongolia traded with 163 countries and total trade turnover increased by USD 2.3 billion or 27.3 per cent compared to the previous year, reaching USD 10.5 billion, of which export made up USD 6.2 billion and import 4.3 billion.

The export increased by USD 1.3 billion or 26.1 per cent whereas import went up by USD 977.3 million or 29.1% compared to the same period of the previous year.

Foreign trade balance surplus reached USD 1.9 billion, showing an increase of USD 307 million or 19.7 percent against 2016.

USD 1.3 billion increase in export was influenced by mineral products' export which raised by USD 1.4 billion in 2017, of which coal export up by USD 1.3 billion.
E.Altanzul

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MBD (B2B) Business offers # 16 www.mongolianbusinessdatabase.com

www.mongolianbusinessdatabase.com is the number 1 ranking website on Google's "Mongolia business or/and Business Mongolia" search according to the business visitors access from appx 90 countries as of today (Google analytics report).

Please review the following MBD business offers package number 16 and feel free to visit www.mongolianbusinessdatabase.com for more information on each offer and contact us.
MBD Admin: contact@mongolianbusinessdatabase.com 99066062

Meat import (Uzbek)
Seeking a partner

Rice (Vietnam)
Seeking a partner

Fruits (Uzbek)
Seeking a partner

Luxury car (UK)
Seeking a partner

Trailer (PR China)
Seeking a partner

Ventilated facade (Czech)
Seeking a partner

IP Camera and equipment (Czech)
Seeking a partner

Car LED (PR China)
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Steel Coil /Sheet (PR China)
Seeking a partner

LED display (PR China)
Seeking a partner

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Coca-Cola pledges to recycle all packaging by 2030 www.bbc.com

Coca-Cola has announced a pledge to recycle a used bottle or can for every one the company sells by 2030.

Calling it a "massive global ambition" the firm admitted its part in littering the environment and a responsibility to tackle the problem.

The company, which markets 500 brands of fizzy drink, juices and water, will also work towards making all of its packaging recyclable worldwide.

Greenpeace said Coca-Cola should focus on reducing, not recycling, waste.

Coca Cola announced its "World Without Waste" campaign by acknowledging that food and drink companies were responsible for much of the rise in litter on streets, beaches and in the oceans worldwide.

"The world has a packaging problem - and, like all companies, we have a responsibility to help solve it," Coca-Cola chief executive James Quincey said in a statement.

Plastic bottles on a beachImage copyrightGETTY IMAGES
The firm also said it subscribed to the idea of a "circular economy" where resources such as aluminium, plastic and glass are re-used rather than disposed of.

As well as the well-known Coke brand, the firm markets dozens of other juices, sodas and teas including Fanta, Schweppes, Smartwater and Appletiser.

"We believe every package - regardless of where it comes from - has value and life beyond its initial use," Mr Quincey said.

"If something can be recycled, it should be recycled. So we want to help people everywhere understand how to do their part."

Plastic: not all bad
The firm said it was working to increase the recycled content in the materials it uses to make its drinks bottles, developing plant-based resins and reducing the plastics used in packaging. It will also invest in educating consumers on best recycling practice in their community, the firm said.

Greenpeace welcomed Coca-Cola's move to increase the amount of recycled content in plastic bottles from "a paltry 7%" to 50% by 2030, the campaign group said it was unambitious compared to a commitment from Coke UK to do that by 2020.

However, in a blog accompanying the announcement, Mr Quincey also defended the use of bottles and packaging more generally.

"It's tempting to romanticise a world without packaging. To assume that if we get rid of plastic bottles and cans that life will be better. For animals, for humans, for our planet," he wrote.

"This mistakenly ignores all the good they can do. Modern food and beverage containers help reduce food spoilage and waste. They limit the spread of disease. They can help save lives," he wrote.

'Fallen flat'
The UK government is considering introducing a deposit scheme for plastic drinks bottles.

Coca-Cola's announcement made no mention of deposit schemes but in the past the UK arm of the company has said it would support the idea as long as the scheme was UK-wide.

Tisha Brown, Oceans Campaigner for Greenpeace UK, said Coca-Cola's plan had "fallen flat" when it came to cutting down on waste plastic.

"A litter free world is possible - but only if big companies like Coke stop producing ever growing quantities of plastic litter. They need to reduce and reuse as well as recycle," said Ms Brown.

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Hofmann Engineering workers caught up in Mongolian visa row at Rio Tinto mine www.thewest.com.au

Workers from Hofmann Engineering in Bassendean are at the centre of a tense stand-off between the Mongolian Government and western contractors working on Rio Tinto’s Oyu Tolgoi mine in the Gobi Desert.

Mongolian immigration officers last week raided the giant copper-gold mine on suspicions workers at the project, which is a joint venture between Rio and the local government, did not have the correct visas.

About 40 workers, including Australians, Americans and Canadians, had their passports confiscated last Friday and were unable to return home on flights scheduled for Monday.

Since then, most of the workers were found to be working illegally and have been told to get out of the country.

The stoush in one of the most inhospitable places on earth was part of a wider crackdown by Mongolia on ex-pats working in the country.

Rio said the affected workers were employed by contractors, not directly by the mining giant.

“We are aware immigration officials in Mongolia have conducted visa checks at a number of businesses,” a company spokesman said.

“The responsibility for ensuring the correct visa has been applied for and issued sits with the contracting company. If found to hold an incorrect visa they may be asked to pay fines and leave the country in a matter of days, consistent with immigration law in many countries, including Australia.

“We are working closely with the contracting companies, the contractors, who remain on site, and the Mongolian immigration department as they work to complete their review. The department has been working through this in a timely manner. We expect it to be resolved quickly.”

Hofmann Engineering managing director Erich Hofmann would not comment on the situation other than to say the company was working to ensure its staff could get home as soon as possible.

A Department of Foreign Affairs and Trade spokesman said Canberra was “aware of the situation and is making inquiries with the relevant Mongolian authorities”.

Oyu Tolgoi is one of the most remote mine sites in the world. The sprawling project is 550km south of Mongolia’s capital, Ulaanbaatar and 80km north of the China border.

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State bank`s 30 directors laid off www.gogo.mn

The Prime Minister U.Khurelsukh had announced about his plan to make specific changes in order to reduce the massive structure of state apparatus and increase the quality and productivity of public servants.

Regarding this decision, State Bank's Board of Directors convened last Friday and decided to cut vacancies of directors by 50 percent.

The State bank had a total of 70 directors. Following the Board decision, the number of directors has been reduced to 40, with a total of 30 directors dismissed.

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Mongolia says reports of Lithuania imposing sanctions against Mongolia untrue www.xinhuanet.com

ULAN BATOR, Jan. 18 (Xinhua) -- The Mongolian Ministry of Foreign Affairs on Thursday said the reports of Lithuania imposing sanctions against Mongolia are misinformation.

Reports alleged that Lithuanian President Dalia Grybauskaite signed a bill to impose sanctions against Mongolia on Monday.

This information was also denied by the Lithuanian Foreign Ministry, which emphasized that Lithuania and Mongolia are developing constructive bilateral relations and actively cooperating in multilateral formats, as well as gradually expanding economic cooperation.

This is not the first time that such anti-Lithuanian and third-party aggressive informational actions are aimed at compromising Lithuania in the international space, the Lithuanian Foreign Ministry said.

Diplomatic relations between the two countries were established on Dec. 11, 1991.

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Mongolia’s mission to make everyone heard www.govinsider.asia

Mongolia is a vast country, with a population density of 2 people per every square kilometre, so the delivery of public services is often a tricky game.

Delivering better outcomes in health and education, particularly for the most vulnerable citizens, is a perennial concern, both in the capital Ulaanbaatar, which accounts for nearly 40% of Mongolia’s population, and the aimags (provinces) beyond.

The problem is particularly severe in the ger areas (where people live in yurts), once considered to be temporary settlements but now home to an increasing population.

We hope to improve public services by giving citizens a great say in the decision-making processes. This is why the Government of Mongolia, civil society partners, the Open Government Partnership and the Swiss Agency for Development Cooperation have launched a plan to target support for poor and vulnerable sub-segments of Mongolian society.

The Plan

We have two main objectives. First is to build the capacity of civil society and citizens to help them engage. Second is to support the installation of permanent mechanisms that sustain this initiative – from the publication of data to mechanisms that include citizen feedback in policymaking.

We have selected ten villages across Mongolia to try things out. One village conducted an audit of key processes in education and healthcare. They found that the healthcare procurement system was inefficient, and advised on a new bidding process. For example, pharmaceutical procurement now requires a group of independent experts to sign off large purchases, ensuring less room for corruption and saving 10% of the estimated budget already.

We have also improved feedback management across the country. For example, the Ministry of Health discovered low moral and mistreatment of medical staff, and so villages were encouraged to adopt action plans to improve this.

Helping the vulnerable

New village feedback mechanisms have helped to spot gaps in the system. For example, we discovered that 7,000 temporary residents in Khuvsgul were not receiving basic healthcare, and once included in the system, enabled us to fight tuberculosis. Satisfaction in healthcare increased by 28% in just three months!

These are just a few small examples of how together governments, civil society, and citizens can produce better and more equitable development outcomes when they work together.

Hopefully as the results and the lessons from these micro-projects are consolidated, policy changes at local and national levels will ensure that joint-problem becomes the norm – rather than the exception.

More information on the project can be found here: http://www.irgen-tur.mn/en/what-is-masam

This article was published in partnership with the Open Government Partnership.

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Mongolian and Chinese archaeologists discover rare items www.news.mn

Chinese and Mongolian archaeologists have unearthed rare artifacts in a joint excavation in Mongolia. The artifacts include iron belts inlaid with gold and silver and iron swords with wooden scabbards. They include pottery, ironware and bronze items typical of grassland culture, as well as items produced during China's Han Dynasty (202 B.C. -- A.D. 220) such as bronze mirrors. 'This shows that China had close exchanges with the Xiongnu group during the Han Dynasty,’ Zhou Ligang, head of the Chinese archaeological team.

The Xiongnu people were an alliance of nomadic tribes also known as the Huns that emerged around the end of the third century B.C. and had a huge impact on Chinese and world history. During the Han Dynasty, the Xiongnu and China clashed several times.

Launched in July 2017, the collaborative team has been cooperating on surveys, mapping, excavation and research on a Xiongnu cemetery in Arkhangai Province in Mongolia. The site has more than 400 known tombs.

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Mongolia to cooperate with China on Tavan Tolgoi rail project www.news.mn

Mongolia is planning to bring back to life the long-delayed and massive Tavan Tolgoi coal rail project in the south Gobi desert. Prime Minister U.Khurelsukh announced that his government will cooperate with China on the project.

Before New Year, Xing Haiming, Chinese Ambassador to Mongolia expressed Beijing's intention of cooperating with the Mongolian railway project to connect Tavan Tolgoi mine to the Gashuun Sukhait border crossings.

Located in the South Gobi desert, Tavan Tolgoi is home to the world’s largest high-quality coking coal deposit used in steelmaking, with reserves estimated in 7.5 billion tonnes. Mongolia is one of biggest coal suppliers to China.

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