1 MONGOLIA MARKS CENTENNIAL WITH A NEW COURSE FOR CHANGE WWW.EASTASIAFORUM.ORG PUBLISHED:2024/12/20      2 E-MART OPENS FIFTH STORE IN ULAANBAATAR, MONGOLIA, TARGETING K-FOOD CRAZE WWW.BIZ.CHOSUN.COM PUBLISHED:2024/12/20      3 JAPAN AND MONGOLIA FORGE HISTORIC DEFENSE PACT UNDER THIRD NEIGHBOR STRATEGY WWW.ARMYRECOGNITION.COM  PUBLISHED:2024/12/20      4 CENTRAL BANK LOWERS ECONOMIC GROWTH FORECAST TO 5.2% WWW.UBPOST.MN PUBLISHED:2024/12/20      5 L. OYUN-ERDENE: EVERY CITIZEN WILL RECEIVE 350,000 MNT IN DIVIDENDS WWW.GOGO.MN PUBLISHED:2024/12/20      6 THE BILL TO ELIMINATE THE QUOTA FOR FOREIGN WORKERS IN MONGOLIA HAS BEEN SUBMITTED WWW.GOGO.MN PUBLISHED:2024/12/20      7 THE SECOND NATIONAL ONCOLOGY CENTER TO BE CONSTRUCTED IN ULAANBAATAR WWW.MONTSAME.MN PUBLISHED:2024/12/20      8 GREEN BOND ISSUED FOR WASTE RECYCLING WWW.MONTSAME.MN PUBLISHED:2024/12/19      9 BAGANUUR 50 MW BATTERY STORAGE POWER STATION SUPPLIES ENERGY TO CENTRAL SYSTEM WWW.MONTSAME.MN PUBLISHED:2024/12/19      10 THE PENSION AMOUNT INCREASED BY SIX PERCENT WWW.GOGO.MN PUBLISHED:2024/12/19      КОКС ХИМИЙН ҮЙЛДВЭРИЙН БҮТЭЭН БАЙГУУЛАЛТЫГ ИРЭХ ОНЫ ХОЁРДУГААР УЛИРАЛД ЭХЛҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2024/12/20     "ЭРДЭНЭС ТАВАНТОЛГОЙ” ХК-ИЙН ХУВЬЦАА ЭЗЭМШИГЧ ИРГЭН БҮРД 135 МЯНГАН ТӨГРӨГ ӨНӨӨДӨР ОЛГОНО WWW.MONTSAME.MN НИЙТЭЛСЭН:2024/12/20     ХУРИМТЛАЛЫН САНГИЙН ОРЛОГО 2040 ОНД 38 ИХ НАЯДАД ХҮРЭХ ТӨСӨӨЛӨЛ ГАРСАН WWW.NEWS.MN НИЙТЭЛСЭН:2024/12/20     “ЭРДЭНЭС ОЮУ ТОЛГОЙ” ХХК-ИАС ХЭРЛЭН ТООНО ТӨСЛИЙГ ӨМНӨГОВЬ АЙМАГТ ТАНИЛЦУУЛЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/20     Л.ОЮУН-ЭРДЭНЭ: ХУРИМТЛАЛЫН САНГААС НЭГ ИРГЭНД 135 МЯНГАН ТӨГРӨГИЙН ХАДГАЛАМЖ ҮҮСЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/20     “ENTRÉE RESOURCES” 2 ЖИЛ ГАРУЙ ҮРГЭЛЖИЛСЭН АРБИТРЫН МАРГААНД ЯЛАЛТ БАЙГУУЛАВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/20     “ORANO MINING”-ИЙН ГЭРЭЭ БОЛОН ГАШУУНСУХАЙТ-ГАНЦМОД БООМТЫН ТӨСЛИЙН АСУУДЛААР ЗАСГИЙН ГАЗАР ХУРАЛДАЖ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/20     АЖИЛЧДЫН САРЫН ГОЛЧ ЦАЛИН III УЛИРЛЫН БАЙДЛААР ₮2 САЯ ОРЧИМ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/19     PROGRESSIVE EQUITY RESEARCH: 2025 ОН “PETRO MATAD” КОМПАНИД ЭЭЛТЭЙ БАЙХААР БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/19     2026 ОНЫГ ДУУСТАЛ ГАДААД АЖИЛТНЫ ТОО, ХУВЬ ХЭМЖЭЭГ ХЯЗГААРЛАХГҮЙ БАЙХ ХУУЛИЙН ТӨСӨЛ ӨРГӨН МЭДҮҮЛЭВ WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/19    

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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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Strong winds, yellow dust hit large parts of Mongolia www.xinhuanet.com

April 9 (Xinhua) -- Strong winds and yellow dust storms are hitting large parts of Mongolia, the country's National Agency for Meteorology and Environmental Monitoring said Saturday.
The storms have swept through the southern provinces of Umnugovi and Dundgovi, the western provinces of Govi-Altai and Bayankhongor, and central areas, such as the capital city Ulan Bator and provinces of Uvurkhangai and Tuv, as well as the eastern provinces of Khentii and Sukhbaatar, the agency said in a statement.
The volatile weather is expected to continue in large parts of the country in the coming days, with the wind speed expected to reach 18-24 meters per second, the agency said, warning citizens, especially nomadic herders, to take extra precautions against possible disasters.
Strong winds, yellow dust and snow storms are common weather events during spring in Mongolia.
Ten people as well as hundreds of thousands of livestock died in Mongolia due to strong winds and heavy dust storms in March 2021.
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Mongolia’s razor's edge relationship with Russia www.ips-journal.eu

In purely geographical terms, in relation to Ukraine, Mongolia lies on the far side of Eurasia. But Mongolians have enduring ties with Ukraine and Russia that are evident in their responses to and engagements with the Russian invasion.
Recently, the Mongolian government has strengthened ties with Russia through top-level diplomatic meetings and infrastructure agreements – and it has maintained official neutrality in the conflict, abstaining in the two UN General Assembly votes naming and condemning the Russian invasion of Ukraine. There have also been, despite initial suppression by police, growing demonstrations of support for Ukraine, which feature not only Ukrainian national symbols but Mongolian ones as well.
Strong historical and systematic links
Mongolia is still in Russian-language contexts referred to as the ‘sixteenth Republic’ (of the former USSR) causing many in the country to identify with the Ukrainian commitment to independence from Russia. As evidenced by the ‘sixteenth Republic’ label this independence is still all too often not recognised by Russian counterparts, with whom Mongolian and Ukrainians’ history, social networks, and critical physical infrastructures are deeply entangled.
Ukrainian President Zelenskyy himself spent part of his childhood in the Mongolian city of Erdenet, where his father was involved in the establishment and early years of the Erdenet mining and metallurgical complex. At the time, this complex was the largest open pit mine of any kind in Asia, shipping copper concentrates directly to smelters in Kazakhstan and producing molybdenum necessary for high-grade steel alloys.
While maintaining ‘strategic partnerships’ with its two neighbours, Russia and China, Mongolia has also pursued a ‘third neighbour’ policy.
Since the first democratic elections following a student-led Democratic Revolution in 1989-1990, Mongolia has built a system of wide-ranging international relationships. While maintaining ‘strategic partnerships’ with its two neighbours, Russia and China, Mongolia has also pursued a ‘third neighbour’ policy, maintaining strong relations with the United States and NATO countries, including fellow former members of the Warsaw Pact.
Mongolians in support of Ukraine
Up until 2020, since the hunger strike of 1989-1990 that pushed the Mongolian Politburo to call for elections, there had been a vigorous tradition of frequent demonstrations on Ulaanbaatar’s capacious Sukhbaatar Square. Situated in front of the main government building, where the parliament now assembles and which until 2005 hosted the mausoleum of ‘Mongolia’s Lenin’ Damdin Sukhbaatar and ‘Mongolia’s Stalin’ Khorloogiin Choibalsan (nearly identical in appearance to Lenin’s Mausoleum on the Red Square).
However, since the parliamentary and presidential elections of 2020 and 2021, which solidified the political dominance of the Mongolian People’s Party (the rival of the Democratic Party founded by the 1989-1990 student demonstrators), the ensuing restrictions have affected the number of protests. The party enforced lengthy Covid-19 lockdown measures and the arrest of several prominent demonstrators-. While this resulted in demonstrations becoming smaller and less frequent, this has completely changed since the invasion of Ukraine.
The Mongolian government had lifted all Covid-related measures restricting assembly on 14 February. And on 28 February, a group of about twenty demonstrators assembled on Sukhbaatar Square with a long yellow and blue banner representing the flag of Ukraine. They were confronted by police and members of ultranationalist groups.
In the following days, a Ukrainian flag appeared on the storage silos of Altan Taria, a major Mongolian flour producer. According to a few Twitter users, the Mongolian police then visited Altan Taria. But all in vain, since the beginning of March, demonstrations have continued without reports of direct interference by police. Demonstrations were carried out on the square in front of the State Drama Theatre, diagonally adjacent to the Sukhbaatar Square.
Tough balancing act
On 25 March, demonstrators assembled at the Russian Embassy in Mongolia, also in the centre of Ulaanbaatar, a few blocks west of Sukhbaatar Square, calling for the Russian ambassador to Mongolia to leave the country. Apart from the Ukrainian flag, these demonstrators were also carrying the Mongolian, Buryat, Kalmyk, and Tuvan flag.
The demonstrations beginning on 25 March were precipitated by posts by the Twitter and Facebook accounts of the Russian Embassy to Mongolia days prior, which directly challenged ‘the Mongolian Democratic Party and other supporters of American liberal hegemony’ and cited former Trump adviser Roger Stone’s comments that there were American-funded ‘bio-labs’ in Ukraine.
There have been reports that Russian forces have been disproportionately made up of soldiers from these and other of the Russian Federation’s poorest, ‘ethnic’ republics.
The latest phase is characterised by demonstrations asserting not only the independence and sovereignty of Ukraine, but also of Mongolia, and solidarity with the republics of the Russian Federation that have often been included in pan-Mongolian formations, Buryatia, Kalmykia, and Tuva. There are reports that Russian soldiers are disproportionately recruited from these and other of the Russian Federation’s poorest, ‘ethnic’ republics.
There’s a certain overlap between these protesters and Mongolians who have voiced their support for ‘neutrality’, or even more strongly for the Russian government or Putin. Their statements are also often accompanied by concern about Mongolia’s independence vis-à-vis China, or knock-on effects to the Mongolian economy that have already been felt as a result of sanctions against Russia: foreign currency has been nearly unavailable in Mongolia in recent days, and international flights, already heavily reduced because of Covid-19 restrictions, have been even further restricted as Europe-based lessors bar their planes from entering Russian airspace.
by Marissa J. Smith
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Mongolia's economic growth to stay muted for 2022: ADB www.xinhuanet.com

April 6 (Xinhua) -- Mongolia's economic growth is expected to stay muted in 2022, constrained by high inflation, persistent trade disruptions, tighter external financing conditions and complex geopolitical risks in 2022, said an Asian Development Bank (ADB) report released on Wednesday.
The Asian country's economic growth is projected to expand 2.3 percent in 2022 before climbing to 5.6 percent in 2023, supported by domestic demand, investment, and recovery in industry, agriculture and services, the ADB said in its flagship annual economic report, Asian Development Outlook 2022.
"Previously, the ADB forecast that Mongolia's economy would grow by 5.7 percent in 2022. However, the continued border restrictions caused by the COVID-19 pandemic and an ongoing geopolitical conflict that began on Feb. 24 has been affecting not only the Mongolian economy but also the regional and global economic growth," said Sandagdorj Bold, a senior economics officer of the ADB.
Persistent high inflation and continued trade disruptions limit monetary and fiscal room, requiring a comprehensive macroeconomic policy adjustment plan to safeguard the economy, the ADB said.
Average inflation in Mongolia will accelerate further to 12.4 percent in 2022 as supply shocks and trade disruptions continue, and significantly higher fuel prices translate into higher business costs, according to the bank.
Under the impact of the COVID-19 pandemic and subsequent border closures, Mongolia's economy contracted by 4.6 percent in 2020 and expanded by an anemic 1.4 percent in 2021
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China-Mongolia land port sees robust growth in freight exports www.xinhuanet.com

The land port of Erenhot in north China's Inner Mongolia Autonomous Region saw its freight transport export volume increase 41.4 percent year on year in the first quarter of this year, local authorities have said.
In the first three months, 642,000 tonnes of freight were exported via the port, according to the Erenhot station under the China Railway Hohhot Group Co., Ltd.
During the period, the port logged 734 China-Europe freight trains, up 25.7 percent year on year, said Yun Zhijun, director of the Erenhot station's dispatch desk.
Currently, 57 China-Europe freight train routes pass through Erenhot Port, the largest land port on the China-Mongolia border.
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Steppe Gold pours first gold, ramps up production in Mongolia www.kitko.mn

Steppe Gold (TSX: STGO) said today that the company completed its first gold pour in Mongolia and concluded its first sale in late March.
The gold pour was 1,532 ounces of gold with gross proceeds of US$2.93m.
The company added it continues crushing and stacking operations and has recommenced mining with operations in all active pits.
Steppe plans to produce over 100,000 ounces of gold from the oxide zones in 2022 and 2023.
President and CEO Bataa Tumur-Ochir commented, "We are very pleased to be back in production and to conclude our first gold pour and sale for the year. With an estimated 80,000 ounces of gold in inventory, ramp-up of production continues and we look forward to a very active year of production and strong cash flow, as well as expansion and exploration on both of our licenses."
by Vladimr Basov
Steppe Gold is Mongolia’s premier precious metals company and is projected to produce over 100k ounce of gold from the current operational oxide zone of ATO gold mine in 2022 and 2023.
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Russian companies holding meetings with local authorities to discuss gas pipeline project www.montsame.mn

The natural gas pipeline connecting Russia and China will go through the territory of Mongolia, passing through six aimags for a total distance of 962.9 km. As an agreement has been signed between the sides of Mongolia and Russia on conducting studies for the project, the Russian companies in charge of carrying out the works have begun to hold their first meetings with the side of Mongolia - local governing bodies.
The first meetings took place in Darkhan-Uul and Tuv aimags. As 38.3 km of the gas pipeline will be passing through Darkhan-Uul aimag, representatives of Russia’s ‘Gazoprovod Soyuz Vostok’ and ‘Soyuz Vostok’ companies as well as ‘Erdenes Gas’ project held a meeting with the aimag's authorities last week. During the meeting, they discussed issuing a permission to conduct an engineering study for the project, sharing information on entities that run operations near the gas pipeline’s location, and appointing an official to be in charge of project cooperation.
Aside from Ulaanbaatar city, the natural gas pipeline will pass through a total of 20 soums in six aimags, which includes Selenge, Darkhan-Uul, and Dornogobi.
CEO of ‘Gazoprovod Soyuz Vostok’ LLC Ye.N.Aseev said, “This is one of the first meetings we are holding with Mongolia’s aimag governors and authorities. It is fully possible for the local workforce to be involved in the initial works to be carried out for the gas pipeline. Furthermore, it is also possible for construction materials to be locally supplied.”
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Mongolian Economic Forum starts www.montsame.mn

The Mongolian Economic Forum 2022 that aims to discuss ways to speed up the country’s development has kicked off today at State House.
The two-day forum, which brings together representatives from government, private sector, civil society and academia, is taking place as part of the New Revival Policy.
The New Revival Policy is a medium term program aimed at strengthening the country’s economic independence through partnerships between public and private sectors and with investors, mitigating the economic impact of the pandemic, eradicating impediments to development, and paving the way for the implementation of Vision 2050 long term development policy.
Prior to the forum, each of the six objectives in the New Revival Policy including energy revival, border ports revival, revival of the industrialization, rural and urban revival, green development revival, and revival of the state efficiency, were discussed at a series of meetings on March 21-29.
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Five Mongolians arrested, accused of plotting to kill politicians www.news.mn

The General Intelligence Agency of Mongolia has made a serious statement regarding a plot of terrorist activity by extremists in the country of 3.4 million.
The Intelligence arrested five extremists who suspected of planning a terrorist bomb and gun attack during future peaceful demonstrations in Mongolia’s capital city of Ulaanbaatar and plotting to assassinate some politicians and senior civil servants.
Materials found in the men’s possession “reinforces the impression that gives reason to suspect them of terrorist offences”, the GIA said in a statement.
A total of 12 guns and 861 rounds of ammunition used for civilian and military proposes and explosives were recovered during searches at their homes, cars and offices.
Photos released by the GIA showed weapons confiscated from the group including a semi-automatic rifle, explosive devices and bundles of dynamite.
Terrorism arrests in Mongolia are rare.
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Pakistan’s wrestlers to train in Mongolia ahead of the Asian Championship www.news.mn

Pakistan’s premier wrestler Mohammad Inam sees the 15-day training with the Asian wrestlers ahead of the Asian Championship in Mongolia.
“This is a big opportunity for us ahead of the Commonwealth Games to feature in an event and before that to train for 15 days in Mongolia with the Asian wrestlers. It will exactly tell us where we stand now in mat wrestling and on which areas we will have to work ahead of the Commonwealth Games. So it will be very helpful for us,” Inam told ‘The News’. “It will be a learning period for us and we will try to learn more and then feature in the Asian event,” Inam added.
Inam and the Youth Olympics bronze medallist Inayatullah along with their coach Ghulam Fareed will were scheduled to fly out of Lahore for Mongolia in the wee hours of Wednesday (today) to undergo a 15-day training before featuring in the Asian Championship pencilled in for April 19-24 in Ulaanbaatar, Mongolia.
However, wrestler Mohammad Bilal will leave on April 19 to only feature in the Asian Championship in 57 kilogramme.
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Mongolia adds 81 new COVID-19 infections www.xinhuanet.com

April 5 (Xinhua) -- Mongolia reported 81 new COVID-19 local cases over the past 24 hours, bringing the national count to 469,831, according to a statement by the country's health ministry on Tuesday.
Meanwhile, no new deaths from COVID-19 were reported in the past day, and the country's death toll has remained unchanged at 2,108.
Mongolians have basically returned to normal life due to high vaccination coverage and declining daily infections. The country has resumed in-person classes for all levels of educational institutions and fully opened its borders to foreign tourists, who will not be required to have a polymerase chain reaction (PCR) test or to be quarantined.
So far, 66.8 percent of the country's total population of 3.4 million has received two COVID-19 vaccine doses, 1,033,333 people have received a third dose, and 115,765 have received a fourth dose voluntarily.
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