1 MAJOR STRATEGIC SECTOR PROJECTS TO BE IMPLEMENTED IN COOPERATION WITH WORLD BANK WWW.MONTSAME.MN PUBLISHED:2026/02/06      2 GOVERNMENT APPROVES NEW ADMINISTRATIVE BUILDING AT ULAANBAATAR INTERNATIONAL AIRPORT WWW.MONTSAME.MN PUBLISHED:2026/02/06      3 MONGOLIA’S CRISIS IS AN OPPORTUNITY TO TRANSFORM ITS SYSTEM WWW.JACOBIN.COM PUBLISHED:2026/02/06      4 MONGOLIA'S CENTRAL BANK BUYS 1.9 TONNES OF GOLD IN JANUARY WWW.XINHUANET.COM PUBLISHED:2026/02/06      5 TEAM MONGOLIA IS GEARING UP TO BE THE MOST FASHIONABLY WARM AT THE 2026 WINTER OLYMPICS. HERE'S WHY WWW.CREATORS.YAHOO.COM PUBLISHED:2026/02/06      6 ERDENE RAISES $28.7 MILLION TO ACCELERATE MONGOLIAN COPPER-GOLD EXPANSION WWW.TIPRANKS.COM  PUBLISHED:2026/02/06      7 HUNGARIAN OTP BANK EXPRESSES INTEREST IN OPERATING IN MONGOLIA WWW.MONTSAME.MN PUBLISHED:2026/02/06      8 OYU TOLGOI: MONGOLIA’S HIGH-STAKES CLASH WITH RIO TINTO WWW.THEDIPLOMAT.COM PUBLISHED:2026/02/05      9 MONGOLIA PREPARES INTERNATIONAL TENDER TO BUILD STEEL PLANT WWW.AZERTAG.AZ  PUBLISHED:2026/02/05      10 RUSSIAN DEPUTY PM EXPECTS AGREEMENTS ON FREE TRADE AREAS WITH UAE, MONGOLIA, INDONESIA TO TAKE EFFECT IN 2026 WWW.INTERFAX.COM PUBLISHED:2026/02/05      СОНГИНОХАЙРХАН ДҮҮРГИЙН БАРУУН САЛААНЫ ГОЛЫН АЙ САВД ХӨВ ЦӨӨРӨМ БАЙГУУЛНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/02/06     СТРАТЕГИЙН САЛБАРЫН ТОМООХОН ТӨСЛҮҮДИЙГ ДЭЛХИЙН БАНКТАЙ ХАМТРАН ХЭРЭГЖҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/02/06     Ш.АЛТАНТУЯА АГСНЫ ГЭР БҮЛ 4.7 САЯ РИНГГИТИЙГ МАЛАЙЗАД БУЦААН ОЛГОЖЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/02/06     НИЙСЛЭЛИЙН ХЭМЖЭЭНД 4113 ТЕЛЕ КАМЕРЫГ НЭГДСЭН БОЛОН ДЭД ТӨВД ХОЛБОЛОО WWW.ITOIM.MN НИЙТЭЛСЭН:2026/02/06     МАНСУУРУУЛАХ БОДИСТОЙ ХОЛБООТОЙ ГЭМТ ХЭРЭГ 21.6 ХУВИАР ӨСЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/02/06     НИЙСЛЭЛИЙН УСНЫ ХАНГАМЖИЙГ НЭМЭГДҮҮЛЭХ ТӨСӨЛ ИРЭХ САРД ХЭРЭГЖИЖ ДУУСНА WWW.EAGLE.MN НИЙТЭЛСЭН:2026/02/06     МАЛ ХУЛГАЙЛЖ, БЭЛЧЭЭРТ НЬ НЯДАЛДАГ БҮЛЭГ ЭТГЭЭДИЙГ БАРИВЧИЛЖЭЭ WWW.NEWS.MN  НИЙТЭЛСЭН:2026/02/06     УНГАРЫН ОТП БАНК МОНГОЛД ҮЙЛ АЖИЛЛАГАА ЯВУУЛАХ ХҮСЭЛТЭЭ ИЛЭРХИЙЛЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/02/05     Г.ЗАНДАНШАТАР: ТӨСВИЙН ХӨРӨНГӨӨР ХАЙГУУЛ ХИЙСЭН ОРДУУДЫН ӨГӨӨЖИЙГ АРД ТҮМЭНД ХҮРТЭЭХ НЬ ЗҮЙ ЁСНЫ АСУУДАЛ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/02/05     БАЙГАЛЬ ОРЧНЫ АУДИТЫН ТУСГАЙ ЗӨВШӨӨРЛИЙГ ЦАХИМААР ОЛГОЖ ЭХЭЛЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/02/05    

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Events

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

NEWS

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Justice Reforms Implemented in Phases www.montsame.mn

On February 2, 2026, Minister of Justice and Internal Affairs Enkhbayar Battumur received the World Justice Project's Regional Director for Asia and the Pacific, Srirak Plipat.
According to the Ministry of Justice and Internal Affairs, Minister Enkhbayar noted at the outset of the meeting that legal and judicial reforms aimed at combating corruption, strengthening justice, and ensuring citizens’ constitutional rights and freedoms are being implemented in phases. He also said that during the spring session of the State Great Khural, attention will be given to the revised Law on Witness and Victim Protection, the draft Law on Whistleblower Protection, and improvements to regulations that cause inconvenience to citizens. The Minister expressed readiness to work closely with the organization to demonstrate leadership and deliver tangible results in anti-corruption efforts and justice reform.
Srirak Plipat welcomed Mongolia’s leadership and support in reducing corruption, protecting human rights, and strengthening justice, and emphasized that the World Justice Project identifies country-specific challenges and proposes effective solutions based on data and analysis.
The World Justice Project is an international non-governmental organization that, for 20 years, has carried out diverse activities in training, research, and assessment to improve the rule of law worldwide.

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Over 7,000 Foreign Nationals Granted Visa Clearance www.montsame.mn

The Immigration Agency of Mongolia has granted visa clearance and relevant visa categories to 7,330 foreign nationals in January 2026.
Of these, 3,972 citizens from 20 countries were issued electronic tourist visas, the agency reported. Based on approvals from competent institutions, 1,237 foreign nationals were granted residence permits in Mongolia, while the residence permits of 5,057 individuals were extended. In January 2026, visas and residence permits were issued to more than 21,000 foreign nationals invited by around 3,000 citizens, organizations, and business entities.
Compared with the same period last year, the number of visas and visa clearances increased by 42.4 percent, residence permits by 1.6 percent, and extensions of residence permits by 68.1 percent.

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PDIC, Mongolia counterpart deepen deposit insurance cooperation www.dailyguardian.com.ph

The Philippine Deposit Insurance Corporation (PDIC) has further strengthened its international cooperation efforts after forging a new partnership with the Deposit Insurance Corporation of Mongolia (DICoM), aimed at enhancing depositor protection and financial system stability in both countries.
The agreement marks the first formal collaboration between PDIC and DICoM and reflects a shared commitment to improving the effectiveness of their respective deposit insurance systems amid increasingly complex financial risks.
The Memorandum of Understanding (MOU) was signed by PDIC President and CEO Roberto B. Tan and Mr. Amar Lkhagvasuren, Board Member of the National Deposit Insurance Committee of Mongolia, during the International Association of Deposit Insurers (IADI) Annual Conference held in Lisbon, Portugal, in November 2025.
Under the agreement, the MOU will remain in force for five years and may be extended for an additional five-year period upon the joint and written consent of both parties.
The MOU establishes a structured framework for cooperation, consultation, and knowledge exchange between the two institutions across a wide range of technical and operational areas.
These areas include deposit insurance systems, receivership and liquidation processes, bank resolution frameworks, risk management practices, premium assessment methodologies, and fund management strategies.
The agreement also covers collaboration on information technology systems to support efficient database administration, as well as the exchange of insights on legal and administrative procedures relevant to deposit insurance operations.
Public awareness initiatives are likewise included, recognizing the role of depositor education in maintaining confidence in the banking system and preventing panic during periods of financial stress.
A key component of the MOU is the exchange of views on the impact and implementation of international standards and guidance related to deposit insurance.
This provision is intended to help both PDIC and DICoM adapt their policies and operations in response to evolving global financial risks and regulatory expectations.
The agreement further provides for joint activities such as collaborative research projects, senior-level study visits, and the establishment of working groups to support capacity-building initiatives.
These initiatives include training programs and technical exchanges designed to enhance institutional expertise and promote the adoption of best practices in deposit insurance.
PDIC’s partnership with its Mongolian counterpart adds to a growing network of international alliances formed by the Philippine deposit insurer over the years.
The PDIC has forged technical cooperation agreements with peer institutions from Germany, Indonesia, Japan, Kazakhstan, Malaysia, Mongolia, Russia, South Korea, Thailand, the United Kingdom, the United States of America, and Vietnam.
Through these partnerships, the PDIC continues to reinforce its commitment to aligning Philippine deposit insurance practices with globally recognized standards and principles.
The corporation said such international engagements are vital in strengthening its institutional capacity to protect depositors and contribute to the overall stability of the Philippine financial system.
The agreement with DICoM underscores PDIC’s broader strategy of leveraging global cooperation to address emerging risks and ensure that its deposit insurance framework remains responsive, resilient, and aligned with international best practices.

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CPC delegation visits Mongolia, Singapore www.xinhuanet.com

A delegation of the Communist Party of China (CPC), headed by Guo Wenqi, deputy secretary of the working committee for central and state organs, visited Mongolia and Singapore from Thursday to Monday.
In Mongolia, Guo met officials including Yangug Sodbaatar, general secretary of the Mongolian People's Party, Jadamba Enkhbayar, first deputy prime minister, Odon Tsogtgerel, chairman of the Democratic Party, and Togmid Dorjkhand, chairman of the Hun Party.
In Singapore, Guo met officials including Desmond Lee, chairman of the People's Action Party (PAP) and minister for education, and Chan Chun Sing, assistant secretary-general of the PAP, coordinating minister for public services, and defence minister.
The delegation introduced the spirit of the fourth plenary session of the 20th CPC Central Committee to various circles in the two countries.
Both countries expressed a positive outlook on China's 15th Five-Year Plan (2026-2030) development prospects and expressed willingness to deepen practical exchanges and cooperation.

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AsstrA transports coils to Mongolia www.heavyliftpfi.com

Switzerland-headquartered freight forwarder Asstra-Associated Traffic has moved oversized and heavy cargo from Germany to Ulaanbaatar, Mongolia’s capital.
AsstrA uses multimodal method to transport coils to Mongolia
The shipment consisted of two batches of coils, with the total weight surpassing 330 tonnes. During the first stage of the project, the coils were mvoed over the road before being transhipped to railcars – with AsstrA having prepared a loading and securing scheme for railway shipments. This allowed the freight forwarder to calculate the optimal weight distribution on the railway tracks.
Following final approval, the cargo was placed on open railcars. The first batch of coils was loaded onto railway platforms, with the second onto open wagons. AsstrA provided the customer with daily tracking reports, keeping them updated on the cargo along the whole route to Mongolia.
“As often happens in the logistics world we faced some challenges here: upon the cargo’s arrival at the border, we had to urgently prepare additional documents according to the authority’s request,” explained Olga Davidovich, forwarding specialist at AsstrA. “Thanks to the prompt actions of the AsstrA team and coordination with the customer, all vehicles have been cleared without delays, and the shipments continued as planned.”

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January Coal Exports Reach 2 Million Tons www.montsame.mn

Monthly coal exports of the “Erdenes Tavan Tolgoi” JSC, sold on a delivered-to-border basis, have exceeded 2 million tons, the company reported.
Following a government decision, coal has been sold through the exchange on a delivered-to-neighboring-country ports basis since February 2023. As a result, exports in January 2026 reached USD 137.8 million, or 2.04 million tonnes, surpassing the previous record by 58,760 tons, according to the company.
This marks the first time that “Erdenes Tavan Tolgoi”’s monthly coal exports delivered to neighboring border ports have exceeded volumes sold under long-term contracts.

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PM Zandanshatar orders study into small-scale nuclear power www.gogo.mn

In the latest episode of his weekly podcast “Tsegtsrekh khudulguun,” Prime Minister G.Zandanshatar, returning from the World Economic Forum in Davos, said he has instructed relevant agencies to carry out scientific research, modelling and economic calculations on the feasibility of a small-scale nuclear power plant in Mongolia.
Speaking on the podcast, the Prime Minister reviewed the current international political and economic environment and outlined emerging opportunities for Mongolia. He said that after Davos he gave priority directions to organisations working in the energy sector to act quickly to stabilise supply and to prepare well-evidenced options for the public.
“There is a lot of talk and speculation about nuclear power plants. For example, Kazakhstan decided by public referendum to pursue nuclear energy,” Mr Zandanshatar said. “On the issue of building a small-scale nuclear power plant in Mongolia, we have been tasked with providing citizens with scientifically based information, conducting expert research and discussions, and presenting calculations on the solutions and economic benefits.”
The Prime Minister’s request asks experts to evaluate technical options, safety and environmental safeguards, financing models and projected costs and benefits so that any future policy decisions are grounded in transparent, evidence-based analysis and public discussion.

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Mongolia Exports Goat Meat to Vietnam as Bilateral Ties Expand www.montsame.mn

Foreign Policy Advisor to the President of Mongolia Odbayar Erdenetsogt held a meeting with Ambassador Extraordinary and Plenipotentiary of the Socialist Republic of Vietnam to Mongolia Nguyen Doan Thang.
During the meeting, the parties discussed the implementation of agreements reached during the state visit of President Khurelsukh Ukhnaa to Vietnam in 2023 and the state visit of Vietnamese President To Lam to Mongolia in 2024. During these visits, the governments, ministries, and relevant institutions of the two countries signed numerous documents to expand bilateral relations and cooperation.
As part of cooperation in the food and agriculture sector, Mongolia exported 100 tons of goat meat to Vietnam last year, Ambassador Nguyen Doan Thang noted. He added that Vietnamese companies have begun producing four different products using Mongolian goat meat and introducing them to the domestic market.
The meeting also included an exchange of views on accelerating the implementation of the action plan agreed upon following the state visits, as well as deepening cooperation in trade, economy, culture, and education.
Ambassador Nguyen Doan Thang presented his Letter of Credence to the President of Mongolia on August 28, 2024.

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ABC signs MoUs in Malaysia, Mongolia and Timor-Leste www.abc.net.au

ABC International has continued to strengthen its regional partnerships in 2026, signing Memorandums of Understanding (MoU) with broadcasters and media organisations in Malaysia, Mongolia and Timor-Leste.
Under the successful program which began in 2022, ABC International has signed 23 similar agreements with leading media organisations in Asia and the Pacific which focus on opportunities to share content, exchange expertise and knowledge, and undertake technical training and media development initiatives. 
In the latest round of agreements, ABC International formalised tailored agreements with Timor-Leste's public service news agency Tatoli, Mongolian National Broadcaster (MNB) and Malaysian state broadcaster Sarawak Media Group (SMG). 
The MoUs with MNB and SMG facilitate opportunities for content sharing of news and current affairs, factual, sports and lifestyle programming, in addition to the exchange of technical advice and information, while the Tatoli agreement also includes provisions for ongoing collaboration with ABC International’s media development arm, ABC International Development, which has worked closely with Tatoli in recent years in launching an English-language news service and other capacity building initiatives. 
ABC International Head Claire M. Gorman said, “ABC International has worked tirelessly over the past four years to fortify our relationships with like-minded, regional partners and formalise tailored agreements with them. Each MoU establishes a framework for collaboration across areas such as content and information sharing, and media capacity building, and in doing so, brings new opportunities for meaningful engagement.
“We are proud to announce these latest agreements with Tatoli, MNB and SMG, and look forward to the emerging possibilities for closer collaboration and how we can best work together to support and serve our respective audiences through these partnerships.”
The ABC has also recently renewed its partnership with Canadian national broadcaster CBC/Radio-Canada, signing an updated MoU to support content and distribution-related initiatives, including the development of a new children’s co-production It’s Andrew! set to premiere in Australia in 2026.

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EBRD Bets Big on Central Asia, Mongolia With $2B Push www.caspianpost.com

In 2025 the European Bank for Reconstruction and Development (EBRD) invested almost US$2 billion (€1.72 billion) through 120 projects in Central Asia and Mongolia. This represents one of the Bank’s strongest operational results in the region for more than a decade, The Caspian Post republishes the article.
Uzbekistan was the leading recipient of EBRD funding in 2025 for the sixth year running (over US$ 1 billion (€880 million). The EBRD provided almost US$ 440 million (€378 million) for projects in Kazakhstan, US$ 218 million (€188 million) in Mongolia, US$212 million (€183 million) in the Kyrgyz Republic and US$100 million (€88 million) in Tajikistan.
Almost one third of the EBRD funds supported sustainable infrastructure projects and another third went to local banks for on-lending to small and medium-sized enterprises (SMEs), women and young entrepreneurs, as well as for climate resilience and resource efficiency lending. A further 15 per cent of the Bank’s loans were channelled to support private companies engaged in manufacturing and providing services across Central Asia. Many of these projects stimulated the inflow of foreign direct investment. Close to 68 per cent of loans supported private entrepreneurial initiative and 53 per cent of the EBRD investment went to promote green economy projects.
Renewable Energy
In Uzbekistan the EBRD’s financing package of US$142 million (€121 million) will support the development of Central Asia’s largest combined solar photovoltaic (1 GW) and battery energy storage system (BESS, 1,336 MWh) plant. Implemented jointly with ACWA Power, the project also marks the first investment by Japanese partners in Uzbekistan’s renewable energy and battery storage sector.
The EBRD also arranged a financing package of up to US$ 195.5 million (€168.5 million) for a 300 MW greenfield solar plant and a 75 MWh BESS facility in the Kashkadarya region of Uzbekistan. The project is owned and developed by Masdar, a global renewable and clean energy company.
In Tajikistan the launch of all six hydroelectric units of the Qairokkum hydropower plant marked the completion of a major renewable energy upgrade. The plant’s installed capacity has increased from 126 MW to 174 MW, ensuring a reliable electricity supply to 500,000 people in the Sughd province.
Sustainable Infrastructure
In Uzbekistan the EBRD’s sovereign loan of up to US$ 250 million (€240 million) will finance the modernisation of 110 irrigation pumping stations in 10 regions. New energy efficient pumps are expected to reduce electricity consumption by 251,000 MWh and cut CO₂‑equivalent emissions by more than 117,000 tonnes a year.
A financial package of up to €45 million provided by the EBRD and the European Union (EU) will finance an increase in cargo handling capacity at the port of Aktau, Kazakhstan’s primary maritime gateway on the Caspian Sea, which was identified as one of the key elements of the Transcaspian Corridor.
In Tajikistan the EBRD’s sovereign loan of up to €38 million and an US$ 86.7 million (€83.5 million) grant from the Asian Development Bank (ADB) will help to upgrade and expand the road from Dangara to Guliston. This road is an important link between the north and south of the Khatlon region - an area which generates more than 53 per cent of Tajikistan’s agricultural output and is home to 35 per cent of the country’s population.
In the Kyrgyz Republic the EBRD extended a €62 million sovereign loan, which will help to build a new 53 km, 500 kV transmission line between the towns of Kemin and Balykchy near Issyk-Kul in the north-east of the country. The funds will also allow for a new 500 kV substation to be built in Balykchy.
A financing programme of up to €23.8 million from the EBRD and EU will support the reconstruction and automation of a section of the Western Great Chui Canal, the largest irrigation system in the Kyrgyz Republic. The EBRD and EU also provided up to €38 million to facilitate critical infrastructure upgrades, including water intakes, pumping stations, main canals and distribution networks in the Jalalabad and Naryn regions of the country.
Urban sustainability advanced under the EBRD Green Cities programme. Osh in the Kyrgyz Republic joined the initiative, with plans to improve water treatment facilities and shift to greener public transport thanks to the Bank’s loan of up to €14.7 million and a grant of up to €8.3 million.
In Mongolia, a specialised cardiovascular hospital will be built with the EBRD’s sovereign loan of up to US$ 34.9 million (€33.5 million) in Ulaanbaatar under its Green Cities Action Plan.
Financial Sector and Support for Small Business
In Mongolia nearly 74 per cent of the EBRD’s annual investment was channelled to the real economy through partner financial institutions. Projects included an A/B loan of up to US$ 147 million (€135 million) to XacBank under the Youth in Business programme - the EBRD’s largest transaction with a Mongolian bank to date. A US$ 20 million (€16.8 million) loan to Khan Bank represented the EBRD’s first agribusiness dedicated facility in Mongolia and Central Asia; and a US$ 20 million (€17.2 million) package to Golomt Bank supported women and youth led enterprises and facilitated trade.
In Uzbekistan projects with partner banks generated almost 39 per cent of the Bank’s annual business in the country. They included transactions with Hamkorbank, Ipak Yuli Bank and Universalbank for a total of US$ 125 million (€108 million) in support of SMEs and green investments.
In Kazakhstan three loans totalling US$ 60 million (€57.6 million) were provided to Bank CenterCredit. The funds will be used to create growth opportunities for micro, small and medium-sized enterprises led or owned by young people or women. KMF bank also received a loan of up to US$ 25 million (€22.9 million) to support women entrepreneurs. Another local microlender, Arnur Credit, received a loan of up to US$ 7 million (€6 million) under the EBRD’s Youth in Business programme.
In 2025 the EBRD supported more than 4,600 SMEs in Central Asia and Mongolia with business advice, training, mentoring and other business development opportunities. Three companies from the region (Kazakhstan’s logistics company Jana Post and a greenhouse vegetable producer LST Agro as well as Tajikistan’s food production company Oilai Barakat) joined the EBRD Blue Ribbon programme for fast-growing and high-potential SMEs.
The Bank launched its first regional Star Venture programme in Central Asia, bringing together high-potential startups from Kazakhstan, the Kyrgyz Republic, Tajikistan and Uzbekistan into a single cohort. The initiative aims to strengthen regional connectivity, accelerate innovation and enable such companies to grow beyond the region.
In 2025 the EBRD signed 31 risk-sharing transactions with 26 companies across Central Asia. Such projects, where the EBRD commits to sharing half of the risk on loans provided by partner banks, help to unlock development opportunities for domestic businesses.
Last year the EBRD marked the 10th anniversary of its Women in Business programme in Central Asia and Mongolia. Over the past decade, more than 100,000 women entrepreneurs from the region received financial support totalling about US$ 365 million (€305 million), and more than 17,000 women have received advice, training and mentoring services.
The EBRD is the largest institutional investor in Central Asia. To date it has financed 1,250 projects for more than €21 billion.

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