1 MONGOLIA PM FACES LIKELY CONFIDENCE VOTE AMID CORRUPTION CLAIMS WWW.AFP.COM PUBLISHED:2025/06/02      2 RIO TINTO FINDS ITS MEGA-MINE STUCK BETWEEN TWO MONGOLIAN STRONGMEN WWW.AFR.COM PUBLISHED:2025/06/02      3 SECRETARY RUBIO’S CALL WITH MONGOLIAN FOREIGN MINISTER BATTSETSEG, MAY 30, 2025 WWW.MN.USEMBASSY.GOV  PUBLISHED:2025/06/02      4 REGULAR TRAIN RIDES ON THE ULAANBAATAR-BEIJING RAILWAY ROUTE TO BE RESUMED WWW.MONTSAME.MN PUBLISHED:2025/06/02      5 MONGOLIAN DANCE TEAMS WIN THREE GOLD MEDALS AT THE WORLD CHAMPIONSHIP CHOREOGRAPHY LATIN 2025 WWW.MONTSAME.MN  PUBLISHED:2025/06/02      6 RUSSIA STARTS BUYING POTATOES FROM MONGOLIA WWW.CHARTER97.ORG PUBLISHED:2025/06/02      7 MONGOLIA BANS ONLINE GAMBLING, BETTING AND PAID LOTTERIES WWW.QAZINFORM.COM PUBLISHED:2025/06/02      8 HOW DISMANTLING THE US MILLENNIUM CHALLENGE CORPORATION WILL UNDERMINE MONGOLIA WWW.THEDIPLOMAT.COM PUBLISHED:2025/05/30      9 ORBMINCO ADVANCES BRONZE FOX PROJECT IN KINCORA COPPER PROJECT IN MONGOLIA WWW.DISCOVERYALERT.COM.AU PUBLISHED:2025/05/30      10 MONGOLIA SOLAR ENERGY SECTOR GROWTH: 1,000 MW BY 2025 SUCCESS WWW.PVKNOWHOW.COM PUBLISHED:2025/05/30      ЕРӨНХИЙЛӨГЧ У.ХҮРЭЛСҮХ, С.БЕРДЫМУХАМЕДОВ НАР АЛБАН ЁСНЫ ХЭЛЭЛЦЭЭ ХИЙЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/02     Н.НОМТОЙБАЯР: ДАРААГИЙН ЕРӨНХИЙ САЙД ТОДРОХ НЬ ЦАГ ХУГАЦААНЫ АСУУДАЛ БОЛСОН WWW.ITOIM.MN НИЙТЭЛСЭН:2025/06/02     Л.ТӨР-ОД МҮХАҮТ-ЫН ГҮЙЦЭТГЭХ ЗАХИРЛААР Х.БАТТУЛГЫН ХҮНИЙГ ЗҮТГҮҮЛЭХ ҮҮ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/02     ЦЕГ: ЗУНЫ ЗУГАА ТОГЛОЛТЫН ҮЕЭР 10 ХУТГА ХУРААЖ, СОГТУУРСАН 22 ИРГЭНИЙГ АР ГЭРТ НЬ ХҮЛЭЭЛГЭН ӨГСӨН WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/02     УУЛ УУРХАЙН ТЭЭВЭРЛЭЛТИЙГ БҮРЭН ЗОГСООЖ, ШАЛГАНА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/02     ГАДНЫ КИБЕР ХАЛДЛАГЫН 11 ХУВЬ НЬ УИХ, 70 ХУВЬ НЬ ЗАСГИЙН ГАЗАР РУУ ЧИГЛЭДЭГ WWW.ZINDAA.MN НИЙТЭЛСЭН:2025/06/02     НИЙТИЙН ОРОН СУУЦНЫ 1 М.КВ-ЫН ДУНДАЖ ҮНЭ 3.6 САЯ ТӨГРӨГ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/02     ГОВИЙН БҮСИЙН ЧИГЛЭЛД УУЛ УУРХАЙН ТЭЭВЭРЛЭЛТИЙГ БҮРЭН ЗОГСООНО WWW.EAGLE.MN НИЙТЭЛСЭН:2025/05/30     СОР17 УЛААНБААТАР ХОТНОО 2026 ОНЫ НАЙМДУГААР САРЫН 17-28-НД БОЛНО WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/05/30     НИЙСЛЭЛИЙН ТӨР, ЗАХИРГААНЫ БАЙГУУЛЛАГЫН АЖИЛ 07:00 ЦАГТ ЭХЭЛЖ 16:00 ЦАГТ ТАРНА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/05/30    

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Events

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

NEWS

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GDP of Mongolia Increased by 2.1 Percent www.montsame.mn

In the fourth quarter of 2022, GDP per person employed (at 2015 constant prices) was MNT 6.6 million. In 2022, the GDP per person employed was MNT 23.2 million, which increased by MNT 473.4 thousand (2.1%) compared to the previous year.
Regarding the main four sectors, productivity increased in agriculture, industry, and construction and service sector, but mining and quarrying decreased compared to the previous year.
According to the National Statistics Office of Mongolia, the value added per person employed in the agriculture sector was MNT 14.6 million, the industry and construction sector was MNT 20.5 million, the service sectors were MNT 19.4 million, mining and quarrying sector was MNT 51.9 million.
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Mongolia Commences Fourth Large-Scale Underground Mine in the World www.montsame.mn

The primary extraction of the underground mine, which uses block-caving mining techniques to extract the ore at a depth of 1.3 kilometers underground, has been officially commenced.
When this underground mine, located in Khanbogd soum, Umnugovi, is fully operational, Mongolia will have the fourth largest high-technology underground mine and become one of the biggest players in the international copper market.
The Prime Minister of Mongolia, Luvsannamsrain Oyun-Erdene, today joined Rio Tinto Chief Executive Jakob Stausholm 1.3 kilometers underground to celebrate the commencement of underground production from the Oyu Tolgoi copper mine in the Gobi Desert.
Prime Minister of Mongolia Oyun-Erdene said, “I am proud to celebrate this major milestone with our partner Rio Tinto as we look towards Mongolia becoming one of the world’s key copper producers. The start of underground production at Oyu Tolgoi demonstrates our ability to work together with investors in a sustainable manner and become a trusted partner. The next phase of the partnership will enable the continued successful delivery of Mongolia’s ‘New Recovery Policy’ and Vision 2050 economic diversification strategy. Mongolia stands ready to work actively and mutually beneficially with global investors and partners.”
Rio Tinto Chief Executive Jakob Stausholm said, “We would like to thank the Government of Mongolia for their commitment as our partner in achieving this remarkable milestone. We are starting underground production 1.3 kilometres beneath the remote Gobi Desert from an ore body that will be critical for global copper production and Mongolia’s ongoing economic development. The copper produced in this truly world class, high technology mine will help deliver the electrification needed for a net zero future and grow Rio Tinto’s copper business.”
Oyu Tolgoi is expected to produce around 500,000 ton/year of copper on average from 2028 to 2036 from the open pit and underground, enough to produce around 6 million electric vehicles annually, and an average of around 290,000 t over the reserve life of around 30 years.
In addition, a partnership between Rio Tinto and Mongolia, the Oyu Tolgoi open pit and concentrator have been successfully operating for over a decade. Over 80 per cent of Oyu Tolgoi’s total value lies deep underground and the depth of the deepest shaft is 1385 meters. The total workforce of Oyu Tolgoi is currently around 20,000 people, of which 97% are Mongolian. Oyu Tolgoi works with more than 500 national suppliers and has spent around $15 billion in Mongolia since 2010, including $4 billion of taxes, fees and other payments to the state budget, according to the mining company.
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Gulnara Karimova: How Uzbek president’s daughter built a £200m property empire www.bbc.com

A dictator's daughter who moonlighted as a pop star and diplomat spent $240m (£200m) on properties from London to Hong Kong, a report has found.
Gulnara Karimova used UK companies to buy homes and a jet with funds obtained through bribery and corruption, the Freedom For Eurasia study says.
It adds that accounting firms in London and the British Virgin Islands acted for UK companies involved in the deals.
The story raises fresh doubts about the UK's efforts to tackle illegal wealth.
British authorities have long been accused of not doing enough to prevent criminals from overseas using UK property to launder money.
The report says the ease with which Karimova obtained UK property was "concerning".
There is no suggestion that those acting for the companies linked to her were aware of any connection to her nor that the source of funds could have been suspicious. No-one who provided those services in the UK has been investigated or fined.
For a time Gulnara Karimova was tipped to succeed her father, Islam Karimov, who ruled Uzbekistan as president of the central Asian state from 1989 until his death in 2016. She appeared in pop videos under the stage name "Googoosha", ran a jewellery company and served as ambassador to Spain.
But then in 2014 she disappeared from public view. It later emerged she had been detained on corruption charges while her father was still in power and she was sentenced in December 2017. In 2019 she was sent to prison for breaching the terms of her house arrest.
Prosecutors accused her of being part of a criminal group that controlled assets of more than $1bn (£760m) in 12 countries, including the UK, Russia and United Arab Emirates. "The Karimova case is one of the largest bribery and corruption cases of all time," says Tom Mayne, one of the researchers on the Freedom For Eurasia report and a research fellow at the University of Oxford.
However, Karimova and her associates had already sold some of the property allegedly acquired with corrupt funds.
Freedom For Eurasia researched property and land registry records to identify at least 14 properties which it says were purchased before she arrested, with allegedly suspicious funds, in various countries, including the UK, Switzerland, France, Dubai and Hong Kong.
The report to be published on Tuesday 14 March, titled Who Enabled the Uzbek Princess?, focuses on five properties bought in and around London, now worth an estimated £50m - including three flats in Belgravia, just west of Buckingham Palace, a house in Mayfair and an £18m Surrey manor house with a private boating lake.
Two of the Belgravia flats were sold in 2013 before Karimova was detained. In 2017, the house in Mayfair, the Surrey mansion and a third flat in Belgravia were frozen by the Serious Fraud Office.
Freedom For Eurasia's report also names firms in London and the British Virgin Islands that it claims were used by Karimova or associates to enable them to spend the proceeds of crime on the properties as well as on private jetliner.
Karimova's boyfriend, Rustam Madumarov, and others now alleged to be associates of hers were listed in official documents as the "beneficial owners" - a legal term for the person who ultimately is in control - of companies based in the UK, Gibraltar and the British Virgin Islands. But the report says they were just proxies for Karimova, who used the firms to launder hundreds of millions of dollars.
Accountancy services for two UK companies linked to Karimova - Panally Ltd and Odenton Management Ltd - were provided by SH Landes LLP, a firm formerly located on New Oxford Street in London.
In late July 2010, SH Landes sought to register or acquire another company. The aim was to purchase a private jet for around $40m (£33m), with Madumarov named as the beneficial owner. In fact, according to the report, Karimova was really behind the purchase.
When asked at the time about the source of his funds, SH Landes replied: "We believe that the question regarding his personal wealth is not relevant in this situation." This was seemingly because the money to buy the jet were not being provided by Madumarov out of his personal funds.
The London-based firm later said Madumarov's wealth came partly from a mobile phone company based in Uzbekistan, Uzdonrobita. Questions had already been raised about the company's possible links to Karimova. As far back as 2004, an article for the Moscow Times had alleged that Karimova siphoned some $20m out of Uzdunrobita using fraudulent invoices. A former adviser had also accused Karimova of "racketeering".
Because it was a high-value transaction linked to a high-risk jurisdiction, Uzbekistan, the report argues that SH Landes should have conducted "enhanced due diligence" - thorough background checks to ensure the source of funds was legitimate and not derived from criminal activity.
SH Landes also submitted the 2012 financial statements for Panally Ltd. The report says in September 2013 they were signed off by a close associate of Karimova's: Gayane Avakyan, then aged 30.
The previous year, the BBC had published allegations that Avakyan was the registered beneficial owner of Takilant, a Gibraltar-registered company at the centre of "a high-level multi-million dollar fraud and corruption scandal in Uzbekistan".
In a statement to the BBC, Steven Landes said: "SH Landes LLP was never engaged by Gulnara Karimova. SH Landes LLP did act on behalf of Rustam Madumarov.
"SH Landes LLP obtained due diligence on all its clients and relevant regulatory authorities were notified and kept appraised."
Tom Mayne of Freedom For Eurasia said the apparent ease with which Karimova managed to buy so much UK property was concerning.
"It took the authorities until 2017 to do anything, years after other countries had already frozen bank accounts and properties that belonged to her," he added.
 
 
 
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The Hu planning to work with Babymetal again www.news.mn

The Hu are planning to work with Babymetal again.
The Mongolian rockers got to play with the Japanese kawaii metal band – comprising Suzuka Nakamoto as Su-metal and Moa Kikuchi as Moametal – in 2019, and they’ve hinted at joining forces with them again in the future.
In a fan Q+A published by Metal Hammer magazine, frontman Gala said: “Babymetal are incredible! The way they perform is inspirational, and the energy is unmatchable. There’s no doubt that we’ll work with Babymetal again, because not only they are amazing artists, they’re great touring company and we have fun together.”
He said: “We tour heavily, so game consoles have become a great friend to let off some steam. UFC and soccer are currently our favourite, but when ‘Fallen Order’ first came out, we played it non-stop, so we’re looking forward to hopefully doing more collaborations with the Star Wars games and universe.”
The HU are ambassadors of Mongolia, and while they are pleased to be promoting their country around the world, the group admit it is “a lot of responsibility”. They said previously: “We’re so honoured to be ambassadors of Mongolia to the world. But it’s a lot of responsibility.
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Rio Tinto and Mongolian Government ‘open’ Oyu Tolgoi Underground mine www.im-mining.com

The Prime Minister of Mongolia, Luvsannamsrain Oyun-Erdene, today joined Rio Tinto Chief Executive, Jakob Stausholm, 1.3 km underground to celebrate the commencement of underground production from the Oyu Tolgoi copper mine in the Gobi Desert.
This was followed by a ceremony with Oyu Tolgoi employees and leaders, Government of Mongolia representatives, Oyu Tolgoi Board members and local suppliers to mark this milestone towards Oyu Tolgoi ramping up to become one of the world’s leading copper suppliers.
Since the agreement between the Government of Mongolia and Rio Tinto in January 2022 to reset the relationship and move the Oyu Tolgoi underground project forward, 30 drawbells have been blasted and copper is now being produced from the underground mine. Oyu Tolgoi is expected to become the fourth-largest copper mine in the world by 2030, operating in the first quartile of the copper equivalent cost curve, Rio Tinto says. Ore is currently being processed from Panel Zero in Hugo North Lift 1 and production will ramp up over the coming years.
A partnership between Rio Tinto and Mongolia, the Oyu Tolgoi open pit and concentrator have been succesfully operating for over a decade. The total workforce of Oyu Tolgoi is currently around 20,000 people, of which 97% are Mongolian. Oyu Tolgoi works with more than 500 national suppliers and has spent around $15 billion in Mongolia since 2010, including $4 billion of taxes, fees and other payments to the state budget, according to the mining company.
Developing the underground mine is an investment of over $7 billion, unlocking the most valuable part of the copper resource for the benefit of all stakeholders. Oyu Tolgoi is expected to produce around 500,000 t/y of copper on average from 2028 to 2036 from the open pit and underground, enough to produce around 6 million electric vehicles annually, and an average of around 290,000 t over the reserve life of around 30 years.
Oyun-Erdene said: “I am proud to celebrate this major milestone with our partner Rio Tinto as we look towards Mongolia becoming one of the world’s key copper producers. The start of underground production at Oyu Tolgoi demonstrates our ability to work together with investors in a sustainable manner and become a trusted partner. The next phase of the partnership will enable the continued successful delivery of Mongolia’s ‘New Recovery Policy’ and Vision 2050 economic diversification strategy. Mongolia stands ready to work actively and mutually beneficially with global investors and partners.”
Stausholm said: “We would like to thank the Government of Mongolia for their commitment as our partner in achieving this remarkable milestone. We are starting underground production 1.3 km beneath the remote Gobi desert from an orebody that will be critical for global copper production and Mongolia’s ongoing economic development. The copper produced in this truly world class, high technology mine will help deliver the electrification needed for a net zero future and grow Rio Tinto’s copper business.”
Rio Tinto now has a 66% interest in Oyu Tolgoi LLC, the mine operating company, following its successful completion of the acquisition of Turquoise Hill Resources Ltd; with the Government of Mongolia retaining 34%.
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BoM Purchases 701.2 kg Precious Metals in February www.montsame.mn

In February 2023, the Bank of Mongolia (BoM) purchased 701.2 kg of precious metals.
BoM branches in Darkhan-Uul and Bayankhongor aimags bought 78.8 kg and 139.8 kg of precious metals, respectively.
The Bank of Mongolia sets the purchase price of precious metals based on the global market price. As of February, the average purchase price was MNT 209,784.
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Mongolia defeated Iran 5-0 on the first day of the Championship www.news.mn

Mongolia defeated Iran 5-0 on the first day of the 2023 IIHF Ice Hockey U18 Asia and Oceania Championship.
The competition is being held at the Steppe Arena in Ulaanbaatar, Mongolia from 11-26 March.
The IIHF Asia and Oceania Championship is a series of international ice hockey tournaments in the continent of Asia.
The purpose of the tournament is to provide competitive opportunities for Asian and Oceania teams that are either in the lower divisions of the IIHF World Championships or did not compete in any IIHF World Championships.
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Squeezed between China and Russia, Mongolia backs Ukraine (OPINION) www.euobserver.com

As a democratically-elected president, I have a firm conviction in the cause of freedom, and in the power of the people, united as one, to defend it when under attack. This cause, and this faith, are now being tested on the blood-stained soil of Ukraine in a way we have not seen in many decades.
As the war in Ukraine grinds into its second year, the world's democracies must rally with even greater resolve to ensure that freedom is non-negotiable. The allied nations must give Ukraine the weapons it needs to win.
Former PM and ex-president Elbegdorj Tsakhia: 'I know Putin does not tolerate freedom. I have sat with him on many occasions. He despises difference, and competition, he is a deep narcissist' (Photo: Wikimedia)
Tyrants are always obsessed with their own survival and longevity in power, not the prosperity of their people. Sooner or later, dictators become desperate, servicing their corrupted web of crooks.
I know Putin does not tolerate freedom. I have sat with him on many occasions. He despises difference, and competition. He fears a free Ukraine. As a deep narcissist, he could not allow a more successful and prosperous neighbour. A free, democratic Ukraine could represent a grave danger for his regime.
The Russian aggression against Ukraine did not happen out of the blue. It was the culmination of a decades-long battle between freedom and repression.
The frontline of this war runs well beyond Ukraine's devastated battlefields. It runs through Asia, Africa, Latin America, and the Middle East. The conflict rages between humanity's best and worst instincts, between the free world and the suppressed. When Ukraine prevails, the forces of freedom will win everywhere, including in China and Russia.
Why neutral?
Many ask why, compared to Europe, most Asian countries tend to have a neutral position on Ukraine. The answer is simple. Sadly, the continent of Asia is also full of self-proclaimed rulers. In most cases, their governments lack legitimate representation. I know first-hand how important it is to stand firm on the principles and values you believe in engaging with more powerful, assertive neighbours.
Ukrainians are fighting for that very principle, which is why our support should be global and without condition.
The Kremlin propaganda machine is in full steam, blaming Ukraine even as Russian troops commit abominable war crimes against the Ukrainian people. In truth, no one is depriving Russia but the Kremlin. No one is depleting Russia's resources and potential but the Kremlin. No one started a war of aggression but the Kremlin. Finally, no one is calling for the inevitable demise of the Kremlin but — by its actions —the Kremlin.
In starting this war of aggression and then purposely brutalizing innocent civilians, the Kremlin leadership is guilty of serious international crimes. It has had no shame in bringing devastation and suffering to the most vulnerable. To the innocent children, elders, and families. And this horror is not solely present in war-torn territories. It is also present in Russia itself.
Ethnic-minority cannon fodder
Putin's so-called "partial" mobilisation has brought fear to Russia's most vulnerable, its ethnic minorities who have been disproportionately drafted and thrown to the frontline.
The Buryats, Kalmycks, Tuvans and other marginalised minorities have been used as cannon fodder. By local accounts, the Kremlin is committing textbook ethnic cleansing under the umbrella of a "special operation".
Under Putin's shadow, Russia's development has been set back a generation, and its politics have been frozen to the core.
The outspoken and brightest in Russia are mostly silenced. Many have fled, while the remaining brave people in Russia are still fighting against corruption and the deeply intimidating war while facing torture and jail. The world is not against the Russian people, but against the Kremlin's kleptocracy and atrocities.
Due to its geography, squeezed between China and Russia, the government of Mongolia is forced to perform a balancing act. However, public opinion in Mongolia resolutely condemns the brutal attack against this sovereign nation.
Mongolian history
When Adolf Hitler attacked the Soviet Union, the people of Mongolia united against this fascist invader. They showed solidarity with the Soviet people. If nomadic herders had over 100 horses, they sent more than half of their livestock to the Soviet Union. A quarter of all the horses on the Soviet frontline during World War II came from Mongolia. Mongolian gold and hard currency reserves were donated to the Soviet war effort, and meat to the front line.
When the Soviets launched a counter-offensive against German forces on the outskirts of Moscow during the bitter winter of 1941, most of the Red Army wore warm uniforms made from cattle stocks in Mongolia.
It is in this same spirit that today, the people of Mongolia stand against the Kremlin's war on Ukraine.
The West should do what the Mongols did, and act like the Mongols acted. President Zelensky is still begging for fighter jets and longer-range missiles to protect his innocent people. Ukrainians are paying the ultimate price for our freedom. They are sacrificing everything precious to them, not just to defend their sovereignty and democracy, but to restore the damaged world order.
Western leaders might have time to wait. But a wounded Ukraine has no time to wait. Those who snatched Ukrainian territories, cities, and villages are not waiting. The killers, rapists, and looters are not waiting. Putin is not waiting.
Ukraine needs wings and missiles to defeat Russia's death squads. The only path to peace is through Ukraine's victory.
AUTHOR BIO
Elbegdorj Tsakhia is the former prime minister and president of Mongolia, and a member of The Elders, a group of former global leaders founded by Nelson Mandela. Tsakhia is currently the Bernard and Susan Liautaud visiting fellow at Stanford University.
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Cuba and Mongolia explore new ways of university cooperation www.plenglish.com

Ulaanbaatar, Mar 10 (Prensa Latina) Cuban Ambassador Jorge Ferrer and directors of Mongolian higher education centers analyzed, here, new ways to boost university cooperation in other areas of common interest.

The representative of the Caribbean island to Ulaanbaatar and Badarch Dendev, president of the National University of Mongolia (NUM) also reviewed the performance of the implementation of existing bilateral agreements, according to the Cuban embassy in Mongolia.

During the meeting, which was also attended by N. Batnasan, dean of the School of Business; Munkh Namsrai, head of the Department of European Studies and Uyanga Tsenddorj, postgraduate education official, Ferrer explained details on the development and structure of the centers of high studies on the island, the diplomatic source informed.

The official pointed out that the universities of Havana, the Technological University of Havana, known as Cujae, the Central University of Las Villas and the University of Oriente, are ranked among the 1,300 most prestigious universities in the world, according to the QS World University Rankings 2023.

Finally, he invited the Mongolian authorities to participate in Havana´s 2023 International University Scientific Convention scheduled from May 29 to June 2.

The diplomatic mission reminded that in 2022 the School of Business of the National University of Mongolia (NUM) and the Faculty of Economy of the University of Havana strengthened relations by signing a Memorandum of Understanding, as also did, the School of International Relations and Public Administration of the NUM and the Higher Institute of International Relations (ISRI) of Cuba.

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TIR operations resume at largest China-Mongolia land port www.iru.org

The resumption of TIR in China gains pace, with Erenhot, the largest land port on the China-Mongolia border, having seen its first TIR truck in the post-pandemic era.
For the first time since the reopening of China’s borders, TIR trucks have transited through the Zamyn-Uud-Erenhot border crossing, entering China from Mongolia.
The Mongolian truck, carrying frozen meat, started its journey from Ulaanbaatar, Mongolia, transiting through the Zamyn-Uud-Erenhot border.
IRU Director of TIR and Transit Tatiana Rey-Bellet said, "We are expecting to see a gradual recovery of TIR movements through Zamyn-Uud-Erenhot and other borders, facilitating trade in the post-pandemic era.”
“TIR boosts the security and efficiency of border crossings, reducing cargo handling, as well as damages during cold chain transport,” she added.
As the crucial logistics hub between China and Mongolia, trade volumes via Zamyn-Uud-Erenhot account for over 70% of trade between the two countries.
In 2018, Erenhot, located on Asian Highway 3, was part of the first set of borders that the Chinese government opened to TIR to maximise its potential to grow trade.
Since China’s easing of Covid-19 restrictions, IRU has been working closely with the public and private sector to reignite the transport of goods under TIR.
This transport was accompanied by TIR movements resuming at the China-Kyrgyzstan Irekeshtam border, as well as the milestone achievement of the first ever Chinese firm using TIR throughout an entire transport journey.
What is TIR?
TIR is the only global transit system, enabling goods to be shipped from a country of origin, through transit countries, to a country of destination, via a secure, multilateral, multimodal and mutually recognised system, which also provides a financial guarantee for the payment of suspended duties and taxes. IRU manages the guarantee system.
It is the easiest, safest and most reliable way to move goods across multiple international borders, saving time and money for transport operators and customs authorities.
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