1 GOLD AND COPPER PRICES SURGE WWW.UBPOST.MN PUBLISHED:2025/04/02      2 REGISTRATION FOR THE ULAANBAATAR MARATHON 2025 IS NOW OPEN WWW.MONTSAME.MN PUBLISHED:2025/04/02      3 WHY DONALD TRUMP SHOULD MEET KIM JONG- UN AGAIN – IN MONGOLIA WWW.LOWYINSTITUTE.ORG  PUBLISHED:2025/04/02      4 BANK OF MONGOLIA PURCHASES 281.8 KILOGRAMS OF PRECIOUS METALS IN MARCH WWW.MONTSAME.MN PUBLISHED:2025/04/02      5 P. NARANBAYAR: 88,000 MORE CHILDREN WILL NEED SCHOOLS AND KINDERGARTENS BY 2030 WWW.GOGO.MN PUBLISHED:2025/04/02      6 B. JAVKHLAN: MONGOLIA'S FOREIGN EXCHANGE RESERVES REACH USD 5 BILLION WWW.GOGO.MN PUBLISHED:2025/04/02      7 185 CASES OF MEASLES REGISTERED IN MONGOLIA WWW.AKIPRESS.COM PUBLISHED:2025/04/02      8 MONGOLIAN JUDGE ELECTED PRESIDENT OF THE APPEALS CHAMBER OF THE ICC WWW.MONTSAME.MN PUBLISHED:2025/04/01      9 HIGH-PERFORMANCE SUPERCOMPUTING CENTER TO BE ESTABLISHED IN PHASES WWW.MONTSAME.MN PUBLISHED:2025/04/01      10 LEGAL INCONSISTENCIES DISRUPT COAL TRADING ON EXCHANGE WWW.UBPOST.MN PUBLISHED:2025/04/01      УСТСАНД ТООЦОГДОЖ БАЙСАН УЛААНБУРХАН ӨВЧИН ЯАГААД ЭРГЭН ТАРХАХ БОЛОВ? WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     САНГИЙН ЯАМ: ДОТООД ҮНЭТ ЦААСНЫ АРИЛЖАА IV/16-НААС МХБ-ЭЭР НЭЭЛТТЭЙ ЯВАГДАНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     МОНГОЛБАНКНЫ ҮНЭТ МЕТАЛЛ ХУДАЛДАН АВАЛТ ӨМНӨХ САРААС 56 ХУВИАР, ӨМНӨХ ОНЫ МӨН ҮЕЭС 35.1 ХУВИАР БУУРАВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     Б.ЖАВХЛАН: ГАДААД ВАЛЮТЫН НӨӨЦ ТАВАН ТЭРБУМ ДОЛЛАРТ ХҮРСЭН WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/02     1072 ХУВЬЦААНЫ НОГДОЛ АШИГ 93 500 ТӨГРӨГИЙГ ЭНЭ САРД ОЛГОНО WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/02     Н.УЧРАЛ: Х.БАТТУЛГА ТАНД АСУУДЛАА ШИЙДЭХ 7 ХОНОГИЙН ХУГАЦАА ӨГЧ БАЙНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/04/02     “XANADU MINES” КОМПАНИ "ХАРМАГТАЙ" ТӨСЛИЙН ҮЙЛ АЖИЛЛАГААНЫ УДИРДЛАГЫГ “ZIJIN MINING”-Д ШИЛЖҮҮЛЭЭД БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     ТӨМӨР ЗАМЫН БАРИЛГЫН АЖЛЫГ ЭНЭ САРЫН СҮҮЛЭЭР ЭХЛҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/02     “STEPPE GOLD”-ИЙН ХУВЬЦААНЫ ХАНШ 4 ХУВИАР ӨСЛӨӨ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     ҮЙЛДВЭРЛЭЛИЙН ОСОЛ ӨНГӨРСӨН ОНД ХОЁР ДАХИН НЭМЭГДЖЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2025/04/01    

Events

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

NEWS

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Digitalization process for customs organization is currently at 80-90 percent www.montsame.mn

Ahead of the Mongolian Economic Forum 2022, discussions are taking place on six main topics for the ‘New Revival Policy’ being implemented by the Government of Mongolia.
Deputy Minister of Finance of Mongolia S. Mungunchimeg was interviewed during the discussion ‘Revival of Border Ports’ organized on March 28.
-The Ministry of Finance has announced that it would submit the bill on Public-Private Partnerships to the Parliament. What other laws related to business and economy will be revised?
-According to the preliminary estimation, MNT100-120 trillion will be required to implement development projects as part of the ‘New Revival Policy’. Such a large investment in the projects will be made by the international donors and foreign and domestic investors based on the partnerships of private sector. Thus, the Ministry is now ready to submit the bill on public-private partnership as well as the revised bill on tenders to the Parliament.
-Customs reforms have started in our country 2-3 years ago through the projects being implemented by the World Bank and other international organizations. What is the progress of the reform as of today?
Currently, the digitalization process for customs organization runs at 80-90 percent. The operations of the border professional inspection and customs have been united in order to harmonize operations of four organizations, eliminate the duplication of functions and facilitate trade.
-As for border port development, what works have been made so far?
Construction works are being carried out at border checkpoints of our country through the soft loan and non-refundable aid from China. Due to the COVID-19 pandemic, the progress of the works has slowed down, thus the construction work at Zamyn-Uud border checkpoint is currently at 60-70 percent. As for other border checkpoints bordering Russia, the construction works are being made with the ADB’s soft loan. Furthermore, construction works will begin to establish two or three new ports, including Khangi, to create an export gateway. It will become possible to recover tourism industry once the pandemic situation eases.
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Fund established to support ‘One Billion Trees’ initiative www.montsame.mn

A fund was established today to support the ‘One Billion Tree’ national movement, initiated by the President of Mongolia.
The establishment of the fund is significant to open up opportunities to create a structure and system to provide sustainable financing for afforestation, tree planting, and other environmental activities. It was informed that the member organizations of the Mongolian Bankers Association (MBA) will contribute at least MNT 2 billion annually. In addition, green loans in the banking sector will be increased to 10 percent by 2030, and MNT 5.2 trillion will be disbursed.
The fund will be raised by donations from banks, non-bank financial and business organizations, and individuals, and its Board will discuss and approve projects and programs to support. The Board consists of the MBA, Association of Non-Bank Financial Institutions, representatives of other donors, and independent members.
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Bangladesh vs Mongolia match ends in goalless draw www.businessinsiderbd.com

The friendly match between Bangladesh and Mongolia ended in a goalless draw on Tuesday at Sylhet District Stadium in Sylhet.
Bangladesh dominated the match but they missed some real opportunities. In the 41st minute, Suman Reza’s shot hit the post. Otherwise the hosts left the field with a victory.
In the first half, Reza got a chance from the six yard box but couldn’t convert that into a goal.
In the 61st minute of the match, defender Yeasin Arafat fired a shot from distance, but that was straight to the Mongolian keeper.
Later, Bangladesh got so many chances but their lack of finishing was visible. The booters’ badly in need of a perfect number nine.
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Mongolia reports 87 new COVID-19 cases www.xinhuanet.com

March 29 (Xinhua) -- Mongolia's healthy ministry reported 87 new COVID-19 infections on Tuesday, taking the national tally to 469,197.
No new related deaths were recorded in the past day, leaving the death toll unchanged at 2,108.
Currently, there are 1,271 active cases across the country.
Nearly 67 percent of Mongolia's population of 3.4 million has received two COVID-19 vaccine doses, 1,031,968 people have received a third dose and 114,380 have received a voluntary fourth shot.
With high vaccination coverage and declining daily infections, life in Mongolia has essentially returned to normal. The country has resumed in-person classes for all educational institutions and fully opened its borders to foreign tourists.
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Revival of Urban and Rural Areas: ‘New ring road’ to be established www.montsame.mn

During the discussion on ‘Revival of Urban and Rural Areas’ held ahead of the Mongolian Economic Forum 2022, Governor of the Capital City and the Mayor of Ulaanbaatar D. Sumiyabazar announced that a total of 26 measures in nine types of operations are planned to be implemented in Ulaanbaatar city.
These include as follows:
With the expansion and renovation works of main road network, the traffic congestion index will be reduced by 15-20 percent and road capacity will be increased by 35 percent.
With the introduction of the unified smart system for traffic management and control, it will become possible to create a real-time information system of the traffic situation.
The introduction of a new type of high-capacity public transport will increase the number of passengers by 30 percent compared to 2020 and reduce traffic movement by 50,000-60,000 vehicles.
Legal framework for tax incentives will be improved for entities that have taken measures to reduce congestion.
In its framework, ‘New ring road’ connecting city’s sub-centers will be established. Construction of a 71.5 km long ring road with 11 multi-level intersections will reduce traffic congestion by 15-20 percent.
For decentralization of the capital city, the construction work of sub-centers will be intensified alongside building basic infrastructure. Within this frame, it plans to complete the construction work of sub-centers being implemented with foreign loan and grant and establish four new sub-center and seven public centers.
Moreover, it plans to accelerate construction works of new residential areas, free economic zones and satellite cities. Governor D. Sumiyabazar emphasized that the comprehensive plan is being developed to solve the problems faced by not only Ulaanbaatar city but also rural areas within the framework of the ‘Revival of Urban and Rural Areas’ policy.
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Teen boy admits killing Mongolian woman in Dublin last year www.independent.ie

A teenage boy has today admitted killing Mongolian woman Urantsetseg Tserendorj in Dublin city centre last year.
The boy – who is now 16-years-old and cannot be named because he is a minor – pleaded not guilty at the Central Criminal Court to the murder of Ms Tserendorj but guilty to her manslaughter on January 29, 2021.
At the court on Dublin's Parkgate Street this afternoon, he also pleaded guilty to producing a knife and to attempting to rob Ms Tserendorj on a walkway between George’s Dock and Custom House Quay in the IFSC, Dublin on January 20, 2021.
The plea of manslaughter was not accepted by the State however, and the boy will stand trial for Ms Teserendorj’s murder later this week.
A jury of seven women and five men has been selected to hear the case, which has been scheduled to begin on Wednesday before Ms Justice Mary Ellen Ring.
It is expected that the trial will last eight days.
Ms Tserendorj was originally from Mongolia but had been living in Ireland for several years and worked as a cleaner.
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Implementation of government action plan assessed at 74.5 percent www.montsame.mn

At its meeting on March 28, the Parliamentary Standing Committee on Industrial Policy held a discussion on the implementation of the general guidelines for the country’s development in 2021-2025, and the implementation of the Government Action Plan for 2020-2024.
The plan to implement the Government Action Plan for 2020-2024 was approved by the resolution No.203 dated December 09, 2020. During the meeting of the Standing Committee, Minister of Finance B.Javkhlan informed that the implementation of the action plan was assessed to be at 74.5 percent as of 2021.
In terms of policy, its implementation in dealing with socio-economic issues caused by the COVID-19 pandemic is currently at 88 percent, and human development policy is at 78.5 percent, while economic policy is at 70.9 percent, governance policy is at 76.6 percent, green development policy is at 65 percent, capital city and region, local development policy is at 79 percent, respectively.
Within the framework of nine goals and 47 objectives set out in the five-year general guidelines for the development of Mongolia in 2021-2025, a total of 243 works are planned to be carried out. In 2021, the progress of these works was at 79.3 percent on average in accordance with the procedure approved through Government resolution No.206 in 2020.
During the meeting, Minister of Finance B.Javkhlan also presented the major goals and measures being effectively implemented within the framework of the Government Action Plan and five-year general guidelines for the development of Mongolia in 2021-2025. In particular, the government paid a certain amount of utility bills (electricity, heating, and water bills) of households to provide support the people’s livelihood amid the pandemic. Moreover, monthly child allowance was raised to MNT 100 thousand, while a one-time cash grant of MNT 300 thousand was given to each citizen and MNT 50,000 was given to vaccinated citizens.
Since the rollout of COVID-19 vaccinations, 69.8 percent of the citizens in the capital city have received the first dose of the vaccine, while 66.8 percent have been fully vaccinated and 31.6 percent have received their third jabs. In addition, 3.4 percent of the country’s total population have received the fourth vaccine dose. A total of 36,330 Mongolian citizens have returned to their home country since repatriation works were launched.
A total of MNT 1.9 billion were given out as loans in order to support employment as part of the ‘MNT 10 trillion Comprehensive Plan for Health Protection and Economic Recovery’. Additionally, MNT 789.8 billion has been provided under repo financing loans, alongside MNT 925 billion in mortgage loans, and MNT 384.2 billion to support agriculture and herders.
In the past year, 40 kindergartens, 32 schools, 5 school gyms and 12 dormitories were commissioned. In addition, the capacity of the Fourth Thermal Power Plant was increased by 46 MW. Oyu Tolgoi’s underground mining operations have also commenced on January 22, 2022.
With the integration of 562 public services into the E-Mongolia system, significant progress has been made in delivering public services without bureaucracy, making them more accessible, transparent and easy.
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U. Khurelsukh: Mongolia will reduce greenhouse gas emissions by 22.7 percent by 2030 www.montsame.mn

Ahead of the Mongolian Economic Forum 2022, discussions are taking place on six main topics for the ‘New Revival Policy’ being implemented by the Government of Mongolia.
Today, March 29, a two-day panel discussion ‘Green Finance Regional Forum’ has started at State House.
President U. Khurelsukh delivered an opening remarks. In his remarks, the President stressed, “Over the past 170 years, global surface temperatures have risen by 1.09 percent, and many biological species are becoming extinct. Mongolia emits 0.1 percent of the world's greenhouse gas emissions, but is one of the countries that are most affected by climate change.
Specifically, climate change has intensified over the past 80 years in Mongolia, with the average air temperature increasing by 2.25 degrees, which is twice the world average. In Mongolia, 76.9 percent or 120 million hectares of the total territory is affected by desertification, and half of the total area is classified as severely desertified.
Compared to 1990, the number of climate change-related natural disasters has tripled in Mongolia in the last decade.”
In addition, the President said, “66 countries in the world have pledged to reduce their greenhouse gas emissions to zero by 2050. In the document dated 2016, Mongolia set a goal to reduce its greenhouse gas emissions by 22.7 percent by 2030. During the UN Climate Change Conference 2021 held in Glasgow, UK, Mongolia announced that it is possible to increase the target level to 27.2 percent by way of introducing advanced technology and innovation and increasing green financing.”
“With aims to increase renewable energy and further improve energy supply in Northeast Asia, Mongolia supports the Asia Super Grid Initiative and is cooperating with countries in the region using abundant solar and wind resources.”
He also emphasized that a national movement is underway to plant and grow a billion trees by 2030 with a purpose to increase greenhouse gas absorption, reduce soil degradation and prevent water scarcity.
“Experts consider that the One Billion Trees movement will have a significant impact on reducing dust storms that are causing ecological and health threats not only in Asia but also in the Americas.
The movement will have multiple socio-economic benefits such as creation of jobs, reduction of poverty, improvement of food supply, increased production of seedling, fertilizers and pesticides as well as others. Mongolia made a decision to allocate at least one percent of its GDP each year for combating desertification.”
In the end of his speech, the President noted, “The main goal of today’s forum is to strengthen the regional cooperation and interaction, and increase green financing,” stressing the great importance of the leadership of international investors and domestic financial sector to finance the green development.
The suggestions and recommendations put forth during the forum are to be presented during the plenary session of the Mongolian Economic Forum to be held on April 7-8.
The Office of the President of Mongolia, Ministry of Environment and Tourism, and the Mongolian Sustainable Finance Association are organizing the forum, with support from the Ministry of Finance, Bank of Mongolia, Financial Regulatory Commission, Mongolian Bankers Association, International Finance Corporation, United Nations Development Programme, European Bank for Reconstruction and Development, and MONTSAME Agency.
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Mongolia's capital to plant at least 120 mln trees by 2030: mayor www.xinhuanet.com

At least 120 million trees will be planted here by 2030, the Mongolian capital's mayor announced on Monday.
"We are planning to plant at least 120 million trees in the capital city by 2030 within the framework of the 'Billion Trees' national tree-planting campaign initiated by Mongolian President Ukhnaa Khurelsukh," mayor Dolgorsuren Sumiyabazar said at a meeting.
The nationwide tree-planting campaign was officially launched last year as president Khurelsukh told the United Nations General Assembly that the country aims to combat climate change and desertification through the campaign.
Forest only covers 7.9 percent of Mongolia's 1,564,116 square km of land currently.
Around 77 percent of the country's total territory has been affected by desertification and land degradation, according to the country's Ministry of Environment and Tourism.
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Paleolithic People in Mongolia May Have Consumed Giant Camel www.archaeology.org

TUCSON, ARIZONA—Camelus knoblochi, a species of giant two-humped camel, survived in Mongolia alongside modern humans—and perhaps Neanderthals and Denisovans—until about 27,000 years ago, according to a statement released by Frontiers. Fossilized remains of the giant camel have been found in Tsagaan Agui Cave alongside artifacts left behind by Paleolithic people. One metacarpal bone, dated to between 59,000 and 44,000 years ago, bears butchery marks and marks made by gnawing hyenas, said Arina M. Khatsenovich of the Russian Academy of Sciences. Humans may have hunted or scavenged giant camels, she explained. John W. Olsen of the University of Arizona added that the drying of the climate, hunting by humans, and competition with Camelus ferus, the wild Bactrian camel, all may have contributed to the extinction. Read the original scholarly article about this research in Frontiers in Earth Science. To read about camel reliefs dating to the mid-sixth millennium B.C. in northern Saudi Arabia, go to "Oldest Animal Art," one of ARCHAEOLOGY's Top 10 Discoveries of 2021.

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