Local Authorities Granted Land Allocation Powers www.montsame.mn

At its regular session on February 11, 2026, the Government approved the “List of Land Locations, Sizes, and Designated Uses to Be Allocated and Utilized Nationwide in 2026.”

In line with the approved list, Minister of Environment and Climate Change Batbaatar Bat and governors of aimags, soums, the capital city, and districts were instructed to promptly develop and implement the respective annual land management plans. They were also directed to incorporate, as appropriate, requests from citizens, businesses, and organizations for land possession and use—whether for family needs or other purposes specified by law—into the annual land management plans and to resolve such requests without delay.

Prime Minister Zandanshatar Gombojav emphasized that the decision is aimed at creating conditions to ensure that land possession and use requests submitted by citizens and legal entities are resolved swiftly at the local level.

The Agency for Land Administration, Geodesy and Cartography conducted a comprehensive analysis through the unified digital land management system, integrating all levels of land management plans, urban master plans, land classification data, as well as legally established restricted, protected, and limited-use zones. Based on this assessment, 102.079 million hectares of land were identified nationwide as available for allocation and use, with specified locations, sizes, and designated purposes.

With the adoption of the resolution, land-related issues concerning more than 35,000 citizens, businesses, and organizations in the capital and across the 21 aimags can now be addressed. Going forward, the capital city, soums, and districts will be able to update their land management plans within the framework of the approved locations, sizes, and purposes, enabling land allocation and use decisions to be made locally in a timely and streamlined manner.

Americans Helped Mongolians Digitize Over 9,900 Rare Manuscripts at the National Library www.open.kg

The project "Cataloging and Digitization of Texts in Tibetan Language" has become an important milestone in the cooperation between the National Library of Mongolia (NLM) and ALL, which has been successfully completed. This was reported by MiddleAsianNews.

As a result of the work on the project, which lasted from 2018 to 2025, 11,359 manuscripts were registered and 199,986 entries were added to the catalog. The digitization affected 9,930 manuscripts, totaling 3,026,668 pages.

The project significantly contributed to improving the preservation of rare manuscripts in the NLM, ensuring their protection and accessibility for researchers through digitization and cataloging.

The goal of this project is the digital conservation of the Tibetan collection of the NLM, which includes over 40,000 manuscripts and wooden engravings. The initiative, which started in 2018, aims to protect these vulnerable materials through digital cataloging, scanning, and archiving, which helps prevent their degradation and loss. ALL provides technical support, funding, and training, as well as ensuring safe storage and access through its digital library in collaboration with the Buddhist Digital Resource Center (BDRC). This program strengthens the NLM's capabilities for long-term digital conservation, preserving Mongolia's cultural heritage for future generations and making it accessible at both local and international levels.

History

The National Library of Mongolia (NLM), founded in 1921, plays a key role in preserving the cultural and intellectual heritage of the country. The Tibetan collection of the NLM, which consists of over 40,000 volumes of manuscripts and engravings, is an important resource for studying Mongolian Buddhism and the philosophical heritage of Mongolia.

Since the 13th century, these works have been stored in private libraries and institutions, creating a solid cultural foundation in the country before being united in the NLM. In 2018, a framework cooperation agreement was signed between ALL and the NLM, which allowed the process of preserving and ensuring global access to this cultural heritage to begin.

China Baoli signs Mongolia iron ore deal to showcase dry beneficiation technology www.tipranks.com

China Baoli Technologies Holdings Ltd. ( 0164 +1.23% ▲ ) has shared an announcement.

China Baoli Technologies Holdings has signed a long-term strategic cooperation agreement with Top Skill Global to apply its proprietary dry grinding and dry beneficiation technology at an iron mine in Mongolia with over 80 million tonnes of resources. The deal marks the group’s first commercial deployment of its DGDB technology in mining production and is intended as a showcase project to support broader adoption across other mines.

Under the agreement, China Baoli will license its DGDB technology for processing up to 1 million tons of iron ore annually and act as the exclusive sales agent for all iron ore fines produced, while supplying key equipment and technical support. Top Skill will retain responsibility for securing permits and managing all mining, processing, and operational activities at the Mongolian mine, aligning Baoli as a technology and marketing partner without taking on direct operational risk.

The most recent analyst rating on 0164 +1.23% ▲ stock is a Sell with a HK$0.39 price target. To see the full list of analyst forecasts on China Baoli Technologies Holdings Ltd. stock, see the HK:0164 Stock Forecast page.

More about China Baoli Technologies Holdings Ltd.

China Baoli Technologies Holdings Limited is a Bermuda-incorporated company listed in Hong Kong that focuses on mineral ore dry grinding and dry beneficiation technologies, alongside a convergence media business. The group’s proprietary dry grinding and dry beneficiation (DGDB) technology targets mining projects, positioning the company as a technology provider in resource processing rather than a traditional mine operator.

Four countries ratify Mongolia’s Eurasian Interim Trade Agreement www.asianews.network

Mongolia’s three-year interim trade agreement with the Eurasian Economic Union (EAEU) is moving closer to implementation as four parties have completed their domestic ratification procedures.

The agreement, aimed at diversifying foreign trade, reducing dependence on a single market, and expanding exports of agricultural and livestock products, will enter into force 60 days after Mongolia and all EAEU member states finalize ratification and exchange official documents.

So far, Mongolia, the Russian Federation, the Republic of Belarus, and the Republic of Kazakhstan have ratified the agreement. Parliamentary discussions are still ongoing in the Republic of Armenia and the Kyrgyz Republic.

Under the interim agreement, the two sides agreed to apply four types of tariff regulations to 367 goods identified by six-digit Harmonized Commodity Description and Coding System (HS) codes. These measures include the elimination or reduction of customs duties, zero tariffs within designated quotas, and the provision of tariff concessions. The regulations apply exclusively to customs tariffs and do not affect value-added or excise taxes.

Agricultural and livestock products account for 97.5% of Mongolia’s exports covered by the agreement, while 81.7% of imports from the EAEU consist of mineral and chemical products, sectors in which Mongolia has limited domestic production capacity. Industrial goods make up 7.5% of imports.

To protect domestic producers, the agreement includes safeguards such as quotas on essential food items, including wheat and eggs, with customs duties applied if imports exceed the approved limits.

The implementation of the agreement is expected to lower household consumption costs by removing customs duties on essential goods and equipment not produced domestically, reducing import expenses, and eliminating tariffs on 42 types of imported products used in inflation calculations.

Trade facilitation measures are also included, such as tariff preferences for export goods containing more than 50% domestically sourced inputs, self-declaration of origin for goods valued at under 5,000 euros, and the introduction of risk-based inspections. These provisions are expected to reduce administrative and operational costs for businesses.

In preparation for the agreement’s entry into force, Mongolia has been taking steps to improve exporters’ understanding of trade regulations. Relevant agencies from Mongolia and the Russian Federation have jointly organized online training sessions and seminars on foreign trade rules, standards, and quarantine requirements. In cooperation with the Mongolian National Chamber Of Commerce And Industry, research is also underway to identify practical barriers faced by exporters and to provide targeted support for accessing the EAEU market.

Mongolia to host Grand Slam tournaments for next 4 years www.qazinform.com

The International Judo Federation (IJF) has officially confirmed that the Grand Slam series will be held in Mongolia on four occasions over the next four years, Montsame reported.
During the Grand Slam tournament held in Paris, France, IJF President Marius Vizer and President of the Mongolian Judo Association Battulga Khaltmaa signed an agreement affirming Mongolia as the host of the event in Ulaanbaatar for the next four years.

In 2026, Mongolia will host the Grand Slam tournament that officially launches the Olympic qualification points cycle for the “Los Angeles 2028” Olympic Games. In other words, judokas will begin collecting Olympic ranking points starting from the Ulaanbaatar Grand Slam. Athletes, coaches, and national federations from around the world are eagerly anticipating this significant moment, as the road to the next Olympic Games will both begin and conclude in Ulaanbaatar.

IJF President Marius Vizer noted, “Mongolian judokas are internationally recognized for their fighting spirit, respect, and consistent achievements. At Grand Slam tournaments, World Championships, and the Olympic Games, they have continually ranked among regular medal winners. Hosting competitions on home soil provides young athletes with a rare opportunity to witness the world’s best up close and draw inspiration. Meanwhile, visiting teams and officials gain insight into people who deeply uphold judo’s core values of respect, courage, and friendship.”

The Ulaanbaatar Grand Slam 2026 tournament will be held in Mongolia from June 19 to 21, 2026.

Earlier, Qazinform reported that Kazakh judokas Bakytzhan Aman, Zhubanazar Abylaikhan, and Sharkhan Nurlykhan claimed bronze medals at the Paris Grand Slam 2026.

BY Arailym Temirgaliyeva

Government Agrees on 60 Percent Benefit Sharing in Strategic Deposits www.montsame.mn

As part of the government’s initiative to streamline the mining and mineral resources sector, the government reached agreements with Achit Ikht LLC, Energy Resources LLC, Khangad Exploration LLC, and Usukh Zoos LLC on determining the state’s ownership share in strategic and derivative deposits, as well as how that ownership will be exercised and implemented. The agreements were signed on February 10, 2026.

The parties reached the agreement in expression of their commitment to implementing Article 6.2 of the Constitution, which stipulates that “the majority of the benefits from subsoil resources shall accrue to the people, with the legal basis to be determined by law.” Amendments to the Constitution adopted in 2019 introduced the principle that the majority of the benefits from subsoil resources should accrue to the people and be distributed equitably and fairly to present and future citizens through the National Wealth Fund, followed by the adoption of the Law on the National Wealth Fund.

To give effect to and implement Article 6.2 of the Constitution—ensuring that the majority of the benefits from natural resources accrue to the people and that citizens are rightful owners of their wealth—a working group mandated to negotiate with legal entities operating strategic and derivative deposits has been established by order of Prime Minister Zandanshatar Gombojav.

Since August 2025, the working group has been holding negotiations with entities exploiting the Erdenet derivative deposit and with license holders operating strategic coal deposits.

As a result, it was agreed that 60 percent of the benefits generated from derivative and strategic deposits—including those operated by MCS, Energy Resources LLC and Khangad Exploration LLC in the Tavan Tolgoi coal deposits, Usukh Zoos LLC at the Nariin Sukhait deposit, and Achit Ikht LLC at the Erdenet derivative deposit—will accrue to the Mongolian people and be accumulated in the National Wealth Fund.

In years when the benefits amount to less than 60 percent, the companies holding licenses for strategic and derivative deposits will pay an adjustment payment, as mutually agreed.

Going forward, the government will draft and submit to the State Great Khural (parliament) a resolution on the proportion of state ownership in strategically important mineral deposits, how such ownership should be exercised and implemented, and how the benefits derived from such ownership should be calculated, for parliamentary consideration and approval.

Mongolia Submits VAT Reform Package to Parliament www.vatcalc.com

The Mongolian Government has submitted a comprehensive package of tax law amendments to Parliament, including significant revisions to the VAT Law. The reforms are positioned as part of a broader effort to modernise tax administration, improve compliance, and ease administrative burdens for businesses.

1. Deductibility of reverse-charged VAT on foreign services
The amendments clarify that VAT reverse-charged on services received from non-residents will be deductible for Mongolian VAT-registered companies. This reduces potential cascading VAT costs and ensures neutrality where businesses procure cross-border services.

2. Deduction of Capital Expenditure VAT
One of the most material changes concerns capital expenditure. Under the current framework, input VAT on capital assets is deducted over a period of five to ten years. The proposed amendment would allow full and immediate deduction of input VAT on capital expenditure. This shift improves cash flow, reduces long-term tracking obligations, and aligns Mongolia more closely with international VAT best practice, where input tax recovery is typically immediate rather than spread.

3. Simplified VAT regime (MNT 400m Threshold)
The reform package introduces a simplified VAT regime for businesses with turnover below MNT 400 million. Eligible taxpayers would be permitted to apply a deemed purchase mechanism, allowing them to treat 90% of quarterly sales as deemed purchases. This effectively simplifies input VAT calculations and reduces documentary requirements.

4. VAT Payment Deferral for Compliant Taxpayers
To incentivise compliance, the government proposes allowing compliant taxpayers to defer monthly VAT payments — including import VAT — by one to two months. This measure acts as a liquidity support mechanism and introduces a behavioural compliance incentive into the VAT system. Import VAT deferral in particular may reduce cash flow pressure for trading businesses.

Mongolian VAT regime
Mongolia introduced Value Added Tax in 1998 and has undergone numerous modernisations. The highlights of the regime include:

 Single headline VAT rate (10%) on domestic supplies of goods and services and on imports.
VAT-registered businesses may recover input VAT against output VAT, with excess credits refundable subject to compliance conditions.
Reverse charge on imported services, requiring Mongolian recipients to self-account for VAT on services received from non-residents.
Import VAT collected at customs, forming part of the input credit chain for VAT-registered businesses.
Electronic reporting and invoice controls, with VAT administration increasingly digitised to strengthen compliance and audit capability.

Mongolia's inflation rate stands at 7.5 pct in January www.xinhuanet.com

 Mongolia's inflation rate, as measured by the consumer price index, was recorded at 7.5 percent in January, according to the latest data released by the National Statistics Office (NSO) on Tuesday.

This figure reflects a 1.2-percentage-point decrease compared to the same period last year, the NSO said in a statement.

Mongolia's central bank plans to keep inflation within 5 percent (±2 percentage points) starting from 2027 to ensure macroeconomic and financial stability.

According to estimates from international organizations such as the World Bank, Mongolia's economy is expected to grow by 5.5 to 5.7 percent in 2026.

Mongolia Economic Statistics and Trends for January 2026 www.montsame.mn

Mongolia's total foreign trade turnover reached USD 2.59 billion in January 2026, marking a 30.1 percent increase compared to the same period last year. The trade balance yielded a record surplus, with exports exceeding imports by USD 906.5 million.

A primary driver of this trade performance was the export of hard coal, which totaled 9.7 million tons in January—an 86.4 percent increase year-over-year. During this period, 100 percent of lead ore, iron ore, copper, molybdenum, zinc concentrate, crude oil, and coal exports, along with 63.5 percent of combed goat cashmere, were directed to China. These specific commodities accounted for 81.3 percent of the total export value.

Regarding domestic market conditions, the National Statistics Office reported that the national consumer price index (inflation) rose 7.5 percent year-on-year in January 2026, and 1.1 percent compared to the previous month. While prices increased across several sectors—including food (12.4 percent), services (8.9 percent), and non-food items (5.6 percent)—the overall inflation growth rate slowed by 1.2 percentage points compared to the 8.7 percent recorded in January 2025.

Key drivers of this inflation included an 18.4 percent rise in meat products (with beef prices up 25.8 percent and mutton/goat meat up 17.5 percent), as well as price hikes in flour (7.7 percent) and pasta (16.8 percent). Imported goods, which comprise 55.3 percent of the consumer basket (238 out of 430 items), accounted for 25.5 percent of the total inflation rate. Regionally, food prices saw the highest increase in the Central region at 13.8 percent, while service prices in Ulaanbaatar rose by 10 percent.

More Opportunities for Local Areas Supporting Mining www.montsame.mn

With the passage of the draft law on amendments to the Law on Minerals at the plenary session of the State Great Khural, the legal environment of the sector will become more transparent and stable, positively affecting long-term development and the rights and interests of local communities, the Ministry of Industry and Mineral Resources reported.

As a preliminary step, representatives of the government, private sector, and civil society organizations in the mining sector held a public discussion on the proposed amendments to the Law on Minerals, exchanging views, exploring solutions, and sharing challenges. The draft law, which is being prepared for submission to the spring session of the State Great Khural, includes a number of amendments.

Specifically, a competitive selection mechanism for granting exploration licenses will be introduced, along with regulations that impose higher costs on licenses held without conducting exploration. In incorporating regulations on critical minerals, Mongolia will approve its national list of critical minerals and define policies aligned with global trends.

In addition, plans are in place to revise the methodology for calculating mineral royalty payments (AMNAT) to increase local benefits. This includes setting AMNAT benchmarks based on prices on the Mongolian Stock Exchange, aligning incremental copper royalty rates with international standards, and determining royalties on products from beneficiation and processing plants to promote value-added production. Further measures under discussion include aligning royalties on associated elements in concentrates with international practices and allocating a greater share of AMNAT revenues to aimags and localities where mineral resources are exploited.

Regarding the draft law, Minister of Industry and Mineral Resources Damdinyam Gongor stated, “The concept of ‘processing rather than merely extracting’ has been incorporated. Under the current legal framework, increased processing is not economically advantageous. We will bring 47 idle plants nationwide back into operation, double their number, and support them through policy measures. Localities that support responsible mining production, exploration, and extraction will be provided with greater opportunities. Projects that engage in theft and then flee will be halted.”

Addressing participants in the discussion, he emphasized, “If we become divided, we will achieve no results. We must listen to one another and strive for a solution that is acceptable to all. There are instances where NGOs and citizens misunderstand and oppose certain fundamental principles. Although Mongolia has not yet achieved an economy independent of mining, change will begin from here.”

Between 2015 and 2024, Mongolia received a total of MNT 99.38 trillion in foreign investment, approximately 80 percent of which went to the mining sector. Mining accounts for more than 30 percent of the country’s GDP, USD 95 out of every USD 100 entering the economy, and over 70 percent of total industrial output. It also constitutes 95.4 percent of total export revenues, 74 percent of foreign direct investment, and 28.4 percent of consolidated budget revenues.

Since the Law on Minerals was first adopted in 1997 and comprehensively revised in 2006, it has undergone approximately 300 amendments across 16 revisions.