1 MONGOLIA RECORDS USD 16.6 BILLION IN TRADE WWW.MONTSAME.MN PUBLISHED:2025/09/11      2 GOVERNMENT REPORTS OPERATIONAL IMPROVEMENTS AT ERDENES TAVANTOLGOI UNDER SPECIAL REGIME WWW.MONTSAME.MN PUBLISHED:2025/09/11      3 DIESEL LOCOMOTIVE CONVERTED TO HYBRID LOCOMOTIVE IN MONGOLIA WWW.RAILLYNEWS.COM  PUBLISHED:2025/09/11      4 MONGOLIA REVEALS ITS UNTAMED BEAUTY AND RICH CULTURE THROUGH THE EYES OF DUTCH TOURISTS ON AN UNFORGETTABLE ADVENTURE WWW.TRAVELANDTOURWORLD.COM  PUBLISHED:2025/09/11      5 ROBOTIC MILITARY DOG TRAINING FEATURED IN CHINA-RUSSIA-MONGOLIA BORDER DEFENSE EXERCISE WWW.NOVINITE.COM  PUBLISHED:2025/09/11      6 MONGOLIA DEPLOYS 15TH BATTALION’S SECOND CONTINGENT TO UN MISSION IN SOUTH SUDAN WWW.MONTSAME.MN PUBLISHED:2025/09/11      7 THE MONGOLZ RANKINGS RISE TO SECOND WORLDWIDE WWW.MONTSAME.MN PUBLISHED:2025/09/10      8 CHABOT MOBILITY JOINS MONGOLIA VOYAGER PROJECT TO EXPORT K-MOBILITY INFRASTRUCTURE WWW.BIZ.CHOSUN.COM  PUBLISHED:2025/09/10      9 "OYUT" COPPER DEPOSIT WITH 1.1 MILLION TONS OF PURE COPPER DISCOVERED WWW.GOGO.MN PUBLISHED:2025/09/10      10 CHINA-RUSSIA-MONGOLIA BORDER DEFENSE COOPERATION 2025 JOINT EXERCISE KICKS OFF WWW.ENG.CHINAMIL.COM.CN  PUBLISHED:2025/09/10      ЗАСГИЙН ГАЗРЫН WWW.D-GOV.MN ЦАХИМ СИСТЕМ ӨНӨӨДРӨӨС АЖИЛЛАЖ ЭХЭЛЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/11     ТӨМӨРТЭЙН ОВООНЫ ЦАЙРЫН ОРДЫН ТУСГАЙ ЗӨВШӨӨРЛИЙГ АЛБАН ТУШААЛТНУУД ХУВИЙН КОМПАНИДАА ШИЛЖҮҮЛЭН АВСАН ҮЙЛДЛИЙН УЛМААС ТӨРД УЧРУУЛСАН ХОХИРЛЫГ НЭХЭМЖЛЭХЭЭР БОЛОВ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/11     ТӨСВИЙН АЛДАГДАЛТАЙ АЛБАН ТУШААЛТНЫГ ЧӨЛӨӨЛНӨ WWW.NEWS.MN НИЙТЭЛСЭН:2025/09/11     ДҮҮЖИН ЗАМЫН ТЭЭВЭР ТӨСӨЛД 2 ТЭРБУМААР ЗӨВЛӨХ ҮЙЛЧИЛГЭЭ АВНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/09/11     ИПОТЕКИЙН БАНК БАЙГУУЛАГДАХААС ӨМНӨ САНХҮҮЖИЛТИЙГ ЗАСГИЙН ГАЗАР РУУ ШИЛЖҮҮЛНЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/09/10     Р.ЧИНГИСИЙГ ДОТООДЫН ЦЭРГИЙН ЕРӨНХИЙ КОМАНДЛАГЧААР ТОМИЛНО WWW.NEWS.MN НИЙТЭЛСЭН:2025/09/10     БИРЖИЙН НҮҮРСНИЙ ЭКСПОРТ 739 МЯНГАН ТОНН БОЛЖ, ӨМНӨХ САРААС ХОЁР ДАХИН ӨСЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/10     “ЭРДЭНЭС ТАВАНТОЛГОЙ” ХК НҮҮРС БАЯЖУУЛАХ ҮЙЛДВЭРЭЭС ГАРЧ БУЙ ХАЯГДАЛ НҮҮРСИЙГ ДАХИН БОЛОВСРУУЛНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/10     ХАЛЗАН БҮРЭГТЭЙН ОРДЫН АСУУДЛААРХ СОНСГОЛД ХОВДООС 50 ХҮН ОРОЛЦУУЛАХ ХҮСЭЛТ ГАРГАЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/09/10     “УЛААНБАДРАХ 300 МВТ ЦАХИЛГААН СТАНЦ” ТӨСЛИЙН ТЭЗҮ-ИЙГ МЭРГЭЖЛИЙН ЗӨВЛӨЛӨӨР ХЭЛЭЛЦҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/10    

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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State Great Khural Endorses Credit Ratings to Improve Citizens’ Financial Planning www.montsame.mn

Although borrower information is centralized in a database under the current legislation of the Law on Credit Information of Mongolia, the utilization of the information or the approval of scoring methodologies by the authority has not been regulated.
Therefore, the Law on Amendments to the Law on Credit Information introduces new regulations, including the determination of borrower creditworthiness, the setting of product and service fees, the use of credit information exclusively for assessing creditworthiness, and the prohibition of using such information for purposes not specified in the law.
With the adoption of the Law, citizens will be encouraged to develop a culture of understanding their credit scores and making timely payments to improve them. This will help individuals plan their business finances more effectively, enhance financial discipline, correct any inaccuracies in the credit database, and prevent other risky financial behaviors.
The credit information database contains data on loans and payment obligations of government and private sector organizations, citizens, and enterprises. The data is supplied from 12 banks, 436 non-bank financial institutions, telecommunications companies, ministry and agency-managed funds, and savings and credit cooperatives. According to the Media and Public Relations Department of the State Great Khural (Parliament) of Mongolia, the database stores loan information of 1.6 million citizens and 19,600 enterprises as of this year.

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MNT 14.1 billion to be spent on milk supply incentives www.gogo.mn

A public debate on the 2026 budget draft for the food and agriculture sector was held on August 11.
Agricultural land makes up 73% of Mongolia’s territory, but only 1 percent, about 700,000 hectares, is cultivated. The food, agriculture, and light industry sector contributes 35.6% of GDP and 6.5% of export revenue. 
According to the State Secretary of the Ministry of Food, Agriculture, and Light Industry T.Jambaltseren, the Ministry has allocated MNT 99.6 billion in the 2026 budget for implementing the national food program. Of this, 84.5% will go toward interest discounts on loans issued in 2023–2025, while MNT 14.1 billion is designated for subsidies.
The subsidies will include a cash bonus for each liter of liquid milk supplied during the winter to meet the food needs of Ulaanbaatar and other central areas.

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ICFG Limited Expands into Mongolian Life Insurance Market with Strategic Partnership www.tipranks.com

Fintech Asia Limited ( ICFG +2.86% ▲ ) has issued an update.
ICFG Limited’s Mongolian subsidiary, Connect Life LLC, has received a specialized life insurance license from the Financial Regulatory Commission of Mongolia, enabling it to offer a wide range of life insurance and annuity products. The company has also entered a strategic partnership with Mobicom Corporation to launch digital life insurance products under the ‘Mobilife’ brand, aiming to broaden consumer access and support the growth of Mongolia’s insurance sector.

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Jade Gas Achieves First Gas Flow at Red Lake Production Well in Mongolia www.tradingview.com

Jade Gas Holdings JGH  has delivered gas to surface from its first horizontal production well at the Tavantolgoi coal bed methane (CBM) project in Mongolia. The breakthrough marks the country’s first production well gas flow and a critical proof-of-concept milestone for the Red Lake Field. It also advances the company’s field development plan and positions Jade to progress commercialisation initiatives. De-Risks Commercial Development Well RL-Hz-001 was brought online on 9 June 2025, with a carefully managed dewatering process over 56 days to protect the well bore and encourage stable gas release. Gas pressure developed in the casing in early August, with the company using initial flaring to reduce bottom-hole pressure and support ongoing dewatering. Jade’s integrated drilling partner DWK applied experience from similar wells in China’s Qinshui Basin, where geological conditions mirror Red Lake. The company said this operational success confirms the ability to extract commercial quantities of gas from the coal seams, and underpins Jade’s final Plan for Development and Operations (PDO) once it has confirmed the sustained rates of production. Scalable LNG Operation Jade believes the Red Lake field can support a large-scale LNG project to supply both Mongolian and export markets. Non-executive director Dr Ian Wang said Jade plans to replicate the proven well design across the field to deliver a long-term gas supply, adding that gas flow data from the first two wells would also enable a reserve booking and regulatory clearance for the PDO. “This milestone now sets our pathway for Jade to become a significant gas operator in Mongolia, and with demand growing in large customer markets on our doorstep, we are building that momentum at the right time,” he added. The company expects a second horizontal production well to flow gas shortly, providing further validation of the development model, while commercial studies are already considering staged development to optimise production while keeping upfront capital costs low. Next Steps and Commercial Pathway Gas flow rate measurement and reservoir evaluation will continue at RL-Hz-001 to build a complete performance profile. Once both wells have confirmed flow data, the PDO will be completed to detail the scale, schedule and capital requirements for field build-out. Parallel initiatives include discussions with potential partners to accelerate early production, project debt financing options and a planned dual listing on the Hong Kong Stock Exchange Jade said is intended to capture growing regional demand for cleaner energy and to fast-track cash flow generation. The company is also advancing its broader CBM portfolio, including the Baruun Naran joint venture with Mongolia Mining Corporation and the Shivee Gobi and Eastern Gobi permits. Mongolia’s Energy Transition Jade’s strategy aims to replace Mongolia’s reliance on imported gas and diesel with domestically produced CBM, and sees long-term opportunities to supply compressed or liquefied natural gas to heavy transport and power generation markets. The company believes successful development would improve national energy security, reduce emissions and deliver health benefits through improved air quality. Jade also noted the Red Lake project’s strategic location in the South Gobi, close to infrastructure and key industrial centres. The company sees timely execution of its PDO aligning the project’s first production with forecast increases in domestic and regional energy demand.

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Najib comeback would be ‘insane’, murdered Mongolian’s father says www.bloomberg.com

The father of Altantuya Shaariibuu, who was murdered in 2006 by two bodyguards of the detail for officials including former prime minister Datuk Seri Najib Razak, said it would be “insane” for the jailed politician to stage a political comeback. 
Shaariibuu Setev, 76, said he doesn’t care if Najib, 72, is allowed to serve the rest of his prison term for corruption at home. The Mongolian spoke in an interview in Hong Kong as his almost two-decade fight for justice over his daughter’s murder draws to a close.
“He has met his end already,” Shaariibuu said of Najib.
“There is nowhere to go. Whether it’s prison or at home, it’s the same.”
Shaariibuu’s comments come as Najib attempts to revive his reputation after being sentenced to 12 years in prison for abuse of power, criminal breach of trust and money laundering related to the 1Malaysia Development Bhd (1MDB) scandal.
Najib had that sentence halved last year and has petitioned the courts to serve the remaining three years or so of his term at home. A Malaysian court recently discharged Najib from a separate set of 1MDB charges without granting him an acquittal.
In October 2006, Altantuya was abducted outside the home of her former lover Abdul Razak Baginda, a former adviser to Najib.
The 28-year-old was then taken to a forest outside Kuala Lumpur, shot twice in the head and blown up with explosives. 
Two secret-service policemen, Azilah Hadri and Sirul Azhar Umar, who were part of a bodyguard detail for Najib and other senior Malaysian leaders, were convicted of her murder, but a motive was never established. Abdul Razak, who denies involvement, was charged with abetting the murder but later acquitted.
In a statutory declaration from death row in 2019, Azilah said Najib ordered him to kill Altantuya. Sirul has told media including The Sydney Morning Herald that he acted under orders but declined to say who gave them. Najib has consistently denied any role in Altantuya’s death, was never charged and no proof of his involvement has ever been established in court. 
In 2022, Shaariibuu and his family won a civil lawsuit first brought 18 years ago in Malaysia against Azilah, Sirul, Abdul Razak and the government. All of the defendants were found liable for Altantuya’s death and ordered to pay more than RM9 million in damages and costs. Abdul Razak and the government appealed against the ruling, with decisions expected to be handed down in October. The court has said both parties will need to pay RM4.7 million each if they lose.
Tan Sri Muhammad Shafee Abdullah, Najib’s lawyer, didn’t comment when asked about Shaariibuu's comments and the former prime minister's involvement in the case.
A post on Najib’s Facebook page on July 2 said that he sued former attorney general Tan Sri Tommy Thomas in 2021 to “prove to the world that all the allegations regarding Najib’s involvement in the Altantuya case are purely slander”.  The defamation suit is ongoing. 
Thomas, who charged Najib for 1MDB crimes, wrote about the Altantuya murder case in his memoir.
“The trial heard how she was murdered, which was certainly in the most gruesome way, but no motive or reason was ever pursued or established for doing this,” he wrote.
Shaariibuu, a retired academic who peppers his speech with Mongolian sayings, has been the face of the family’s campaign for justice for his daughter since her murder, appearing frequently in Malaysia since the days after her death. He doesn’t speak English, communicating instead through a Mongolian lawyer who has worked with him for almost two decades.
Last October, a letter by Shaariibuu requesting that Azilah not be executed for murdering Altantuya was read out in the Federal Court. He made an argument against capital punishment, emphasising a respect for the sanctity of human life. 
During the interview in Hong Kong, Shaariibuu revealed that other considerations informed his strategy. One was a Mongolian belief that you “cannot defeat sin with another sin”, he said.
Another was a concern that if Azilah was put to death, it would remove one of the remaining people who could tell the full story of what happened to his daughter.
“If he is executed, the witness is gone,” he said.
“Getting executed is easy,” he added. “But I want him to suffer all his life.”
The Federal Court commuted Azilah’s death sentence in October, giving him 40 years in prison and 12 strokes of the cane instead. Prisoners on death row were allowed to apply to have their sentences reviewed after the country abolished the mandatory death penalty in 2023. 
A lawyer for Azilah didn’t respond to a request for comment. 
In 2014, Sirul fled to Australia, which won’t extradite people to countries where they would face the death penalty, while out on bail before the final court ruling in 2015 that convicted him of Altantuya’s murder. Australian authorities subsequently released him from immigration detention. Shaariibuu called on Australia to send Sirul home now that Malaysia has abolished the mandatory death penalty, saying it was wrong for him to be walking free.
Sirul’s immigration lawyer didn’t respond to a request for comment. Australia’s Department of Home Affairs said it can’t comment on individual cases for privacy reasons.
Over the course of two days of interviews in Hong Kong, Shaariibuu recounted the damage Altantuya’s murder had wrought on his family, saying it left two children without a mother, including one who was disabled and later died. Shaariibuu’s wife, too, later passed away. He said that even though his lawyers in Malaysia and Mongolia worked pro bono, he had to sell his home to pay some expenses related to the legal cases.
But the self-confessed movie buff retained a sense of humour, making jokes about horses and sheep in Mongolia as he discussed the events that shaped his life. Hailing from the Gobi Desert, he shivered in the cold Hong Kong air-conditioning as he complained about why it has taken so long for his daughter’s case to wind through Malaysia’s courts. He said it had been delayed because of politics, but he remained patient.
“I am smarter than them all,” he said. “I will prevail.”

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State Great Khural Bans All Paid Prediction, Betting, and Online Gambling www.montsame.mn

The State Great Khural reviewed and approved amendments to the Law on Licensing, submitted by the Government, at its spring regular session on March 26, 2025, along with related draft laws.
With the adoption of the amendments, all activities related to paid prediction, betting, and online gambling are completely prohibited in Mongolia. Organizing paid prediction or betting games in public places or via information technology for profit is now classified as a criminal offense under the Criminal Code. Offenders face fines ranging from 2,700 to 14,000 basic units, mandatory community service from 240 to 720 hours, restriction of travel rights for six months to one year, or imprisonment for six months to three years.
Furthermore, repeated use of payment accounts, electronic money, virtual assets, telecommunications numbers, or electronic identifiers under one’s own or others’ names for organizing paid prediction, betting, or gambling activities is also considered a criminal offense. Penalties include a fine of 450 to 5,400 basic units, community service of 240 to 720 hours, travel restrictions for six months to one year, or imprisonment for six months to one year.
Any individual who promotes or solicits paid prediction, betting, or gambling is subject to administrative penalties under the Law on Administrative Violations, including fines for violations or illegal advertising. Special regulations concerning excise taxes on equipment used in paid prediction and betting activities, as well as provisions in the Corporate Income Tax Law, the Law on Personal Income Tax, and the Law on Supporting Small and Medium Enterprises and Services, have been repealed in connection with the ban on these activities in Mongolia.
The laws are set to take effect according to the standard procedure, reported the Media and Public Relations Department of the State Great Khural.

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Mongolia's foreign trade falls 9.2 pct in seven months www.xinhuanet.com

Mongolia's foreign trade reached 14.2 billion U.S. dollars in the first seven months of 2025, a 9.2-percent decrease compared to the same period last year, according to the National Statistics Office on Tuesday.
During the period, exports decreased 16.4 percent to 7.8 billion dollars, while imports increased 1.1 percent to 6.4 billion dollars.
The decline in exports was mainly influenced by the supply of coal, crude oil, iron ore, mutton and goat meat and washed cashmere from Mongolia to foreign countries.
The country traded with 152 economies worldwide in the cited period, the office said.

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Divorce and Depression: Mongolia’s New Social Dilemma www.thediplomat.com

Mongolia’s young population provides a sharp contrast with other East Asian countries’ demographics. While countries like Japan, China, and South Korea are experiencing low birth rates and dwindling populations, according to the National Statistics Office of Mongolia, as of 2025, individuals aged between 0-19 make up 39.5 percent of the country’s 3.5 million population. 
But that doesn’t mean Mongolia is free from social challenges. One such issue is the high divorce rate, which is having a negative impact on young people’s mental health. 
The National Statistical Committee reported that the number of divorces in Mongolia rose from 3,316 to 4,776 between 2020 and 2023. While the divorce rate dropped during the pandemic years, between 2021 and 2022, it spiked beginning in 2022. These numbers highlight a growing concern for adolescents’ mental health, as young people navigate the emotional challenges of managing a divorce and living in separate homes. 
In 2022, the International Journal of Environmental Research and Public Health analyzed data from the 2019 Mongolian Global School-Based Health Survey (GSHS). One key finding in the report was that parental divorce ranked among the top three factors in developing behavioral and emotional disorders. The report rated divorce as 5.6 times more impactful than alcoholism and migration-related separation.
Understanding the impact of divorce on Mongolian youth is essential for preventing long-term harm and building a healthier society. Social and behavioral scientists have stressed that children’s emotional well-being is often severely neglected during parental separations. These social observations and studies apply to Mongolian families as well. 
In a 2021 interview, Dr. Batbaatar Altangerel, a lecturer at Ikh Zasag International University and a legal advocate, stated that judges often ask children over age seven, “Who do you want to live with?” A child may not be emotionally prepared for such a fraught question. 
Batbaatar also emphasized the lack of psychological support and professional involvement during the process of separation, which can lead to insecurity, behavioral issues, and lack of academic interests. These sorts of negligent practices can be addressed with more access to information on children’s mental health, especially as it relates to divorce and separation.  
Batbaatar also pointed out that many divorced Mongolian parents coach their children (particularly those aged 7-10) to speak negatively about the other parent. This manipulation technique can create a lasting deep self-blame, emotional distress, attachment issues, and mistrust.
To address this rising crisis, Mongolia’s civil courts and legal professionals must focus on children’s mental health and how divorce affects their lives – both individually and at the societal level. 
A well-known Mongolian psychologist, Renchmaa Nyamaadorj from the Family Support Center, discussed the negative effects of divorce in a 2020 during a TV debate. Renchmaa noted that teenagers affected by divorce often suffer from low social confidence and poor academic performance. These issues are compounded when children’s mental health is ignored during divorce process.
Although Mongolian law mandates the presence of child therapists in divorce cases, the country faces a severe shortage of trained professionals. Many children go through separation without any emotional support, instead having to rely solely on family members who lack any specialized training. 
Encouragingly, the concept of children’s mental health is receiving more attention in Mongolia. Governmental and non-governmental organizations are increasingly recognizing its importance. 
In 2024, the minister of health approved the Mental Health Action Plan for 2024-2027. The plan includes training for employees of children’s institutions in eight districts and 16 aimags, with 90 trainee teachers. The aim is to train school doctors, psychologists, teachers, and social workers in both general and preschool education systems to communicate effectively with children and parents and to provide mental health education.
In the last decade, Mongolia’s mental health sector and professionals have begun utilizing modern tools, digital platforms, websites, and mobile applications to raise awareness. For example, Blindcare serves as a national mental health information database. It includes details about mental health organizations, podcasts, and mobile apps that allow users to share feelings anonymously. 
These newer initiatives and proactiveness will help reduce social stigma on children’s mental health struggles, including those caused by divorce or alcoholism. As these issues have become apparent, additional resources have been allocated to child and family development services in districts, soums, and some remote locations. 
Moreover, given Mongolia’s young population, international organization have emphasized the importance of Mongolian children and their psychology. In an interview with The Diplomat’s Bolor Lkhaajav, UNICEF Mongolia representative Evariste Kouassi-Komlan emphasized the importance of addressing children’s psychological well-being. In UNICEF Mongolia’s New Country Program (2023–2027), adolescent mental health is a primary focus.
In Mongolia’s case, the combination of rising divorce rates and lack of mental health support can create life-long struggles for the young population. Mongolia cannot ignore the silent suffering of children caught in the middle of family breakdowns. By shifting attention to children’s psychological well-being, Mongolia can foster a healthier, more resilient future generation.
By Bolor Lkhaajav and Lkhagva-Erdene Dorjderem

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Urban Transformation: 3,157 Land Units Cleared Citywide www.montsame.mn

Within the framework of the housing project for the ger district, land is being cleared in Selbe, Khanyn Material, and Sharkhad sub-centers.
To date, a total of 3,157 land units have been cleared for social infrastructure, including roads, road structures, engineering networks, schools, kindergartens, and associated parking lots. For example, 2020 out of the 2,206 land units in the Selbe sub-center have been cleared, while 216 out of 232 land units affected by the Khanyn Material housing project have been released. In addition, 497 out of 872 land units affected by 25 road projects have been cleared, and 273 out of 624 land units impacted by 51 social infrastructure projects – including schools, kindergartens, and associated parking lots – have also been cleared.
In addition, out of the 132 land units covering 134.3 hectares planned for land clearance within the Tuul Highway project, 15 land units in the Songinokhairkhan district have been cleared as part of the first phase.

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Total Foreign Trade Turnover Reaches USD 14.2 Billion www.montsame.mn

 In the first seven months of 2025, Mongolia conducted trade with a total of 152 countries, resulting in a foreign trade turnover of USD 14.2 billion.
Of this amount, exports accounted for USD 7.8 billion, and imports accounted for USD 6.5 billion, resulting in a trade surplus of USD 1.3 billion. Compared to the same period of the previous year, total trade turnover decreased by USD 1.4 billion, exports by USD 1.5 billion, and the trade surplus by USD 1.6 billion, while imports increased by USD 68.9 million.
The USD 1.5 billion decline in exports was primarily driven by drops in coal exports of USD 2.4 billion, washed cashmere of USD 200.2 million, crude oil of USD 35.5 million, mutton and goat meat of USD 25.9 million, and iron ore and concentrates of USD 15.5 million. Conversely, exports of copper ore and concentrates rose by USD 1.1 billion, combed animal hair and fibers by USD 42.6 million, and zinc ore and concentrates by USD 31.4 million.

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