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    

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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Russia abolishes duties on Mongolian cashmere www.news.mn

Cashmere supplied to Russia from Mongolia will soon become cheaper — the governments of the two countries have agreed to abolish duties and remove logistical barriers, Deputy Prime Minister Victoria Abramchenko told reporters at Mongolia’s largest cashmere factory Gobi.
“As part of the agreement on the supply of cashmere to Russia, we visited the largest factory for the production of finished products: Mongolian cashmere, Gobi brand. We agreed right here at the factory that we will prepare a roadmap,” she said.
Abramchenko noted that the Ministry of Industry and Trade, the Ministry of Economic Development, the Federal Customs Service, the Central Bank, the Russian border regions, where hubs will be created, will take part in the development of the document.
“It is important for us to run the route, we must deliver finished products to the Russian Federation duty-free. This is probably 50 percent of the cost of finished products,” the Deputy Prime Minister explained.
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The best places to visit in 2024 named by Lonely Planet: Mongolia, far north Scotland, Philadelphia, Paris and Australia's Kangaroo Island are among the destinations you MUST explore next year www.dailymail.co.uk

The best places to visit in 2024 have been named by the travel experts at Lonely Planet – and it's good news if you're planning a trip to Mongolia.
Lonely Planet's newly released Best In Travel 2024 book crowns the top ten countries, regions and cities to visit next year. Two new categories - 'value' and 'sustainable' - have also been introduced this year to mark Lonely Planet's 50th birthday.
The best cities have been unveiled as Nairobi in Kenya (first) and Paris (second), with three North American destinations in the top ten - Montreal (third), Philadelphia (fifth) and Kansas City (10th).
The best regions are the Trans Dinarica Cycling Route in the Western Balkans (first) and Australia’s Kangaroo Island (second), with the U.S state of Montana eighth and Far North Scotland ranking tenth.
Midwest USA has been named the best destination for value, while Spain is the best for sustainability – with the trails of Wales ranking fourth on the sustainability list.
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Foreign citizens able to receive services from E-Mongolia www.gogo.mn

Starting from November 2, foreign citizens and tourists residing in Mongolia for official or personal purposes have started using E-Mongolia using F-Register.
In other words, the "Foreign" window has been opened in E-Mongolia, and foreigners can get the necessary state services with the help of F-register. In this section, all types of visa application and renewal information in the highlighted part of the window can be directly transferred to immigration.gov.mn as a link.
A 13-digit registration number (F register) will be issued to a foreigner based on the registration 24 hours after entering the border of Mongolia. Foreigners can also send a photo of your passport to support@immigration.gov.mn to get a foreign registration number in a short time.
Foreigners can also use the F registration number service from the E-Mongolia application. If the foreign citizen fills in the information accurately, a 13-digit F registration number will be sent immediately.
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U.S. – Mongolia CPC Partnership 3rd Annual Bilateral Dialogue: Ambassador’s Remarks www.mn.usembassy.gov

Thank you Ms. Nyamgerel for your kind introduction and your dedication to this compact. Thank you Deputy Minister of Justice and Home Affairs Solongoo, Deputy Minister of Labor and Social Protection Zulphkar, and Deputy Prosecutor General Chinbat for your commitment to countering human trafficking and protecting children.
I am so pleased to join you today to convene the third annual United States-Mongolia Child Protection Compact Partnership dialogue. I am eager to hear about the progress over the past year toward achieving the goals of the CPC Partnership, including identifying and assisting victims and holding traffickers accountable. I am also excited to discuss the next steps as we move into the final year of the partnership to sustain these efforts. I look forward to hearing about plans for the next year, as well as ways the United States can work with Mongolia to solidify the Partnership’s achievements beyond its completion.
From the CPC signing in April 2020 and throughout subsequent efforts to fulfill the commitments set forth in the Partnership, the Government of Mongolia has demonstrated its commitment to this fight. Government officials and CPC implementing partners – World Vision and the Asia Foundation – have navigated many challenges, including a global pandemic, and have successfully adjusted where necessary to advance our shared goals. Over the past three years, the CPC Partnership has provided tools and enhanced government efforts to strengthen the response to trafficking and adapt to a changing environment, so we can continue this critical work to help the most vulnerable.
Through the CPC partnership, we have paired $5.5 million in U.S. funding with the Government of Mongolia’s significant investment of resources and personnel. Together, we are working toward our shared goals of strengthening the Government of Mongolia’s capacity to investigate, prosecute, and convict traffickers of children in a victim-centered way; to identify and provide comprehensive trauma-informed care for children who are victims of these crimes; and to prevent child trafficking in all its forms.
This investment has yielded important accomplishments in Mongolia, including the establishment of the Multi-Disciplinary Task Force. I am happy to see so many of members of the task force here today. I am interested to hear how the Government of Mongolia plans to institutionalize and strengthen the Task Force so they can continue to assist victims and coordinate the response to trafficking cases. I was also glad to have witnessed the opening of five child friendly spaces in coordination with the National Police here in Ulaanbaatar. These spaces provide a place where children can get the support they deserve from the criminal justice system. It is important to note that these Child Friendly Spaces are staffed by people who have received advanced training and are prepared to ensure sustained, trauma-informed and age-appropriate care to children.
I am eager to learn more about the great work you are doing and the commitment from the Government of Mongolia and our implementing partners to help children. As part of this work, I encourage the Mongolian government to prioritize its own investment in anti-trafficking efforts. In particular, I would ask authorities across sectors to commit to improved efforts to identify suspected child trafficking victims and refer them to appropriate medical care. Improving identification of victims is a top priority of the CPC Partnership as the first step to ensure child victims receive appropriate support and care, as well as the justice they deserve. This must also include male victims of trafficking and victims of labor trafficking, who are often overlooked. As leaders on the front lines of this fight, you understand that identifying victims is a sign of progress, not failure. I urge you to talk about these issues with your colleagues and dispel any lingering misperceptions that identifying trafficking victims reflects poorly on the Government of Mongolia. I ask you today to pledge to redouble your efforts to identify victims so we can help as many children as possible in the final year of the Partnership.
Further, additional resources are needed to sustain the work of the CPC Partnership, including long-term staffing and maintenance of Child-Friendly Spaces, as well as institutionalization of the training and protocols we have developed. The Partnership’s final year must focus on sustainability so that children will continue get the assistance they deserve for years to come. I ask you to commit to ensuring sufficient resources to combat human trafficking and to provide trauma-informed support and assistance to victims, including children.
This morning, we will hear from various stakeholders, including Mongolian government officials and our implementing partners. We will hear about their accomplishments over the past year, challenges that remain, and plans for the coming year. I am especially interested to learn more from ministries and agencies about the government’s contributions to this Partnership, and how these contributions are improving outcomes for victims – particularly in victim identification, referral, and protection. I also look forward to hearing about plans to sustain the achievements of the partnership beyond the conclusion of U.S. funding next year.
Thank you again for joining us today and for your commitment to combat human trafficking. We have made great progress together, and I am confident we will achieve even more as we continue to work together to protect the children of Mongolia.
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President of the French Senate Pays Courtesy Call on Mongolian President www.montsame.mn

At the invitation of the President of the French Republic Emmanuel Macron, the President of Mongolia Khurelsukh Ukhnaa is paying a State Visit to the French Republic on October 10-14, 2023.
During the Visit, the President of the French Senate Gérard Larcher paid a courtesy call on the President of Mongolia Khurelsukh Ukhnaa on October 11, 2023.
President Khurelsukh congratulated the President of the French Senate Gérard Larcher on his re-election as President of the Senate, winning the recent parliamentary elections in France.
The President of Mongolia expressed satisfaction with the development of relations between Mongolia and the French Republic with the efforts of the two countries. He also appraised the crucial role of close cooperation between the legislative bodies of Mongolia and France in creating a favorable legal environment for expanding cooperation in areas of mutual interest.
The two sides exchanged views on enriching bilateral relations and cooperation with economic and investment content and support each other in achieving the common goals of bringing the relations between Mongolia and the French Republic to a Strategic Partnership.
French Senate President Gérard Larcher wished the President of Mongolia success on his State Visit to France. The French Senate President expressed his commitment to supporting all efforts aimed at expanding Mongolia-France relations and cooperation, besides the cooperation of parliamentary friendship groups of the two countries.
Mongolian President Khurelsukh Ukhnaa signed the Senate Hall's Honorary Guest Book, leaving a message.
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IMF forecasts Mongolia GDP at 5.5% in 2023 and 4.5% in 2024 www.intellinews.com

The International Monetary Fund (IMF) is forecasting 2023 GDP growth for Mongolia of 5.5%, following on from last year’s 5.0%.
Mongolia will likely see a 4.5% GDP expansion in 2024, the Fund added in its newly published World Economic Outlook (WEO) October 2023 edition.
The IMF, which cautioned that the global economic recovery remains slow, with growing regional divergences and little margin for policy error, also gave revised consumer price and current account balance projections (see Mongolia highlighted in tables below).
In an executive summary of the latest WEO, the IMF said: “The global recovery from the COVID-19 pandemic and Russia’s invasion of Ukraine remains slow and uneven. Despite economic resilience earlier this year, with a reopening rebound and progress in reducing inflation from last year’s peaks, it is too soon to take comfort.
“Economic activity still falls short of its prepandemic path, especially in emerging market and developing economies, and there are widening divergences among regions. Several forces are holding back the recovery. Some reflect the long-term consequences of the pandemic, the war in Ukraine, and increasing geoeconomic fragmentation. Others are more cyclical in nature, including the effects of monetary policy tightening necessary to reduce inflation, withdrawal of fiscal support amid high debt, and extreme weather events.”
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President Khurelsukh Receives Mayor of Paris Anne Hidalgo www.montsame.mn

On October 11, 2023, Mayor of Paris Anne Hidalgo paid a courtesy call on the President of Mongolia Khurelsukh Ukhnaa, who is on a State Visit to the French Republic between October 11 and 14, 2023, at the invitation of French President Emmanuel Macron.
At the Meeting, the two sides discussed issues related to urban planning, traffic congestion, air pollution, and urban green space in the capitals of the two countries.
President Khurelsukh stressed the importance of exchanging best practices for addressing the problems that affect the quality of life of residents of the capital city and noted that he will support the cooperation between the two capitals in this area.
In turn, the Mayor of Paris Anne Hidalgo expressed her commitment to promoting cultural relations between the two cities.
The President of Mongolia also expressed confidence in the successful organization of the 33rd Summer Olympic Games "Paris-2024," a symbol of peace and unity for humanity, and wished success to Mayor Anne Hidalgo.
 
 
 
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B.Choijilsuren: Loan agreement with China on Erdeneburen hydropower plant agreed www.gogo.mn

B.Choijulsuren, Minister of Energy, reported:
- U.Khurelsukh, President of Mongolia will attend the "Belt and Road" international forum in China next week. During the forum, Mongolia and China will sign several documents. One of them is a loan agreement for the Erdeneburen hydropower plant. And relevant decisions of Chinese government agencies have been made. Preparations from Mongolian side have been made.
Loan of USD 253 million, 95% of the total cost of the Erdeneburen hydropower plant construction project which is USD 266 million, will be received from China. The loan term is 20 years, and the interest rate is 2%. The loan repayment will start after seven years.
According to the government resolution, I will sign the loan agreement. The Ministry of Finance will represent the government as the client, and the energy system of the western region will participate as the borrower. If the loan agreement is concluded in October, the plant will be operational after five years. This means that the loan will start to be repaid two years after its commissioning.
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Matilda Dimovska: UNDP supports Mongolia in green economic transition, climate change and good governance www.gogo.mn

We spoke with Ms. Matilda Dimovska, who has taken the role of UNDP Resident Representative in Mongolia since September 4. In her role, Ms. Dimovska acts on behalf of the UNDP Administrator and as the Head of the Country Office, has the overall responsibility for the operational activities of UNDP in Mongolia. In her interview, she shared her first impression of Mongolia and her insights on accelerating sustainable development in Mongolia.
There are many newly appointed representatives and delegations coming into Mongolia, and I am very much delighted to see, in particular, female representatives amongst them including Chinese Ambassador. I would like to start our interview with your first impression of Mongolia since you came here only a month ago?
I am extremely excited to come to Mongolia as I have never visited the country before. Out of many critical indicators to define the beauty of Mongolia, the two things stand high in my first impression of Mongolia from the very fresh eyes as I came here only a month ago as you mentioned. First, the uniqueness and second the potential of the country. And I see my job to bring the uniqueness and the potential to their full utilization for the benefit of Mongolian people. The uniqueness of Mongolia is deeply rooted in its eternal blue sky, nomadic culture, wide landscapes, and the resources of young population who are so eager to modernize and bring their voices in society. The question then becomes how to blend all these different critical aspects and uniqueness of the country to serve the development needs, the needs of both people of the country and the government.
Speaking of potentiality of the country, I see the commitment and understanding of the criticality of sustainability of the development including the Sustainable Development Goals during my meetings and inclusive consultations with a number of representatives from different sectors including the government, media, development organizations, and business and banking sectors since I arrived in Mongolia. The deep commitment towards sustainable development, in fact, denotes the great potential of the country. If it is combined with the willingness of the people, the commitment becomes a great asset and a resource for collective willpower. Then, the question becomes how to tailor all these commitment and willpower towards the development path or the development solutions that augment human development respective of everyone. Everyone means, in the current world, people from all generation including old and young. The new growth model emerges around the world and across different regions. The UNDP focuses on ways and methods to incorporate its main pillars into the
development of Mongolia.
You also worked in post-communist countries before. What do you see as similarities and differences between those countries? What makes Mongolia distinguished from other post-soviet countries you worked?
I have been privileged to have worked in post-communist countries before. In any of those countries, there are differences as well as similarities. Both of which have to be well-considered. In terms of similarities, those are the countries that have legacies in their system inherited and they underwent profound political, economic, and social transformation. There are many important aspects emerged as common in result of dramatic structural changes such as the criticality of the governance system, public administration, and civil servants. Moving away from central economy to a marked based economy requires significantly long time and capacities of institutions to lead the changes which marks the common challenges in transformation faced by all these countries.
The nomadic culture and traditions that Mongolia has in addition to sparsely populated territory indicates the foremost uniqueness of the country. Mongolia’s economy is hugely dependent upon mining which certainly has benefits but also comes with risks in terms of environmental sustainability and the impact of the growth that’s based on extraction of natural resources on the planet. In terms of geopolitical aspects and location of the country, Mongolia rests between the two important global players shaping its foreign policy as well as development options for the country. These are the factors that places Mongolia different from other post-communist countries, yet are extremely important to determine the development of the country. I agree that I have come with vast work experience in post-soviet countries but it is crucial to apply the importance of that experience into the uniqueness of Mongolia and support the country in its quest for a growth model that will serve for human development and responsible for future generation.
UNDP within the United Nations Sustainable Development Cooperation Framework has adopted Country Programme document for Mongolia between 2023-2027 which has set forth the program priorities for the country’s develop-
ment. Can you please share with us the special features of that programme?
UNDP Country Programme is the compact agreement with the country indicating what the UNDP will be focusing on for the next five years. This is the document firmly anchored in the government’s development aspirations and is an integral part of the UN Sustainable Development Cooperation Framework as the UNDP is the prominent member of the UN development
system in the country. It covers five years and the outcomes are regularly reviewed. We have to be sure to respond to what needs to be improved and as accordingly we adjust the program from time to time. This year marks the first year of the implementation of this country programme document. We agreed to work towards three main directions of changes in which the UNDP aims to carry out positive contributions to the country including first, supporting the economy that is diversified, inclusive, and green. Second direction is focused on supporting climate adaptation as Mongolia is very much affected by climate change by strengthening mechanisms for sustainable and inclusive management of natural ecosystem and resources. Third, we aim to support institutional capacities to improve transparency and accountability and reduce corruption through an approach to inclusive governance based in human rights and promotion of gender equality as a pre-condition for other aspects of development to happen. Broadly speaking, the mandate of the UNDP, in general, is to support any country for its attainment and successful implementation of SDGs. We are now in the midst of implementing Sustainable Development agenda, yet we have seven more years to go. Two weeks ago in New York, leaders of the world met, discussed the state of the implementation of the SDGs, and determined the need to accelerate its implementation. In Mongolia, we need to dig deeper and look into several main areas as triggers for positive changes in other areas and sustainable development. We very much reflect upon integrated approaches to establish access to energy, transition to renewables, improvement of development projectors that will reach the gap between policy and implementation, and effective mobilization of financing derived from public funds to achieve sustainable development.
As mentioned earlier, in the compact agreement established with the government as well as in the priorities of the UNDP, the promotion of gender equality and participation of women specifically at a decision-making level, takes up a great importance. Within the last years, Mongolia has been active in terms of promoting gender equality. What is your
stance on the implementation of gender equality in the country? How satisfied areyou with the Mongolia’s performance
and progress achieved in the promotion of gender equality thus far?
Many thanks for this question. I am very much thankful that our work in gender equality has been well recognized and am very pleased to have our donors’ support including KOICA. With their support, we are able to support women’s empowerment, in particular, women’s political participation. We are very pleased and proud of the fact that UNDP is contributing to the collective state of thinking and is able to push women for a stronger political participation that resulted in 30 percent of quota in the electoral code for women’s participation nomination. This is, in fact, a great accomplishment. We are keen to support the implementation of this decision. Indeed, this increased gender quota could become key anchor in increasing number of female Members of Parliament in the coming elections. On the other side, increased participation of women in the parliament for the upcoming election demonstrates the possibility of the ways to break the cycle of traditional stereotypes in the country that harm women. Mongolia has been indeed progressive in many indicators showcasing gender equality, but there is still some sort of restrictions. Men and women have not been equally seen in decision-making processes. I will give you only two examples. The country currently ranks 133rd out of 190 countries in terms of women's representation in decision-making, with only 17 percent of parliamentary seats held by women, falling below the global average of 26 percent. Second, we recently conducted studies on perceptions of women in decision making among public. Strikingly enough, the result from the Gender and social norms Index published by the UNDP this year, showed that 97 percent of the people believed that men become a better fit for political engagement and better political representatives which illustrates the predominating traditional norms and stereotypes against women and explains why women in general have lack of political participation in Mongolia. This, of course, can be changed and will be changed to create equal access to not only the decision making but also to economy and other sectors. We need to change the stereotypes and traditional norms that describe women as good in certain sectors such as textiles in some countries. In order to create green and inclusive economy, women’s participation is equally important.
As we have seen from your biography, you have held a number of leadership roles in many different countries. We see that women face many obstacles and challenges on their way to achieve a leadership position. Giving your experience, what were the challenges you observed in your career and can you please share with us the situation of gender equality in your home country, the Republic of North Macedonia?
I have been very lucky to have held different levels of positions including leadership positions in my career. I believe that my experience resembles that of many women holding leadership roles. Occasionally, we have to face subtle stereotypes and have to double our efforts to succeed which put us in situations where we feel like we need to work extra hard. Navigating in this male-dominated world indeed requires an extra effort. Most of the times, it comes at the expense of family. I think many women, who progressed in their career to leadership roles, share these similar experiences.
In my home country, North Macedonia we do have gender quotas and adopted lots of regulations to support women’s participation. But having them on paper is one thing and implementing them in reality is different. I get upset when I hear about women still play traditionally seen roles and they accept that roles. Supporting women’s participation means to break the cycle of stereotypical views and norms and to make everyone including the women themselves aware of gender equality. It is about knowing what the gender equality is all about, challenging the stereotypes, and working together with citizens and civil society organizations to break the cycle. I would say it as a call to societal effort which is extremely
important to promote gender equality.
Could you please share with us your educational background and your journey to be part of UNDP?
I am an economist and I hold Master’s degree in Economic Policy and Development. By being economist has helped me in my career. I have spent almost 20 years of my career at the UNDP holding different roles and positions. I served as UNDP Resident Representative in the Republic of Uzbekistan which provided me the abundant-ly good work experience with the UNDP. I also led the Country Office Support Team at UNDP Istanbul Regional Hub for Europe and the CIS and in that capacity, I supported Country and Project Management Offices in the region. I also worked as Deputy Resident Representative of UNDP in Turkey, Deputy Resident Representative of UNDP in Moldova, which was the country fast transiting into democratic system
and Assistant Resident Representative of UNDP in Georgia. I love the development and I think supporting the development of the country is exceptional work that the UNDP carries out. Being part of it is a big privilege to me. Before joining the UNDP, I also worked with the private sector in my home country where I was managing the finances of one of the major private companies. I also worked at the government. I have combination of work experience from private, public, and international development sectors which I think is useful, at least in my case, to easily relate myself to the interest of different sides of the development and bring them together.
What kinds of work does the UNDP undertake to support the government’s effort to fight against corruption?
Thank you for that question. Certainly, the good governance is one of the key components of the priorities of the UNDP stipulated in the agreement with the government. Corruption is the impediment to the development for obvious reasons for misuse of resources that could have been devoted to better enhancement of health and education. It reduces societal trust in the government and it definitely is the main area of focus of the work that we will do in the future. In Mongolia, UNDP has been supporting the anti-corruption efforts ever since the establishment of its operation in Mongolia. We are very much proud at the establishment of our cooperation with the Independent agency of Anti-corruption and adoption of the anticorruption law as well as the recent government initiatives. It is great to see the active involvement and activities of that independent agency. Recently, we have also supported the monitoring and reporting mechanisms against corruption which we incorporated based on exemplary cases and experience from Republic of Korea in collaboration with the UNDP’s Seoul Policy Center. Corruption is the critical issue for the development. Over the past one month, I have seen significant potential in anti-corruption efforts including during the opening of the parliament session. UNDP will be looking into more ways to further support the anti-corruption efforts.
How would you incorporate resources and potential of youth in your future works of supporting development of the country?
We have the resources of the UN Youth Advisory Panel and we hope that youth guide us as well. We are very much benefitting from that mechanism. On the other hand, youth still need to be supported to make use of their full potential in addition to providing mechanisms for authorities for their engagement. In particular, I would like to see youth engagement in digitalization and green economy which are the focus of areas at the UNDP. The voice of youth is critical and we will be looking into youth support and engagement much more in the future concerning green transition and more specifically, green energy and transition to renewables which ultimately defines the state of future generation. Hearing their voices, feedback, and support on this subject matter and their engagement in crafting our policy and growth model in respective of that time of transition is extremely important. We don’t need to teach youth on the use of digital tools, they know it much better than those at the government. But they need to be connected to the world and facilitated for making that connection and for tailoring their skills to developing digital economy. Encouraging them to take part in the digital economy brings up the foremost importance and becomes the topic of the future.
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Stellantis, Rio Tinto raise bets on Argentina copper mining www.mining.com

Automaker Stellantis NV and miner Rio Tinto Group are upping their investments in a giant copper deposit in Argentina as the race for metals used in electric vehicles heats up.
Stellantis, the maker of Peugeot cars and Jeep sports utility vehicles, is investing 42 billion Argentine pesos ($120 million) to raise its stake in closely held McEwen Copper Inc. to 19.4%, the latter said in a statement Wednesday. Rio Tinto venture Nuton will spend $10 million to boost its holdings in the firm run by mining entrepreneur Rob McEwen to 14.5%.
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The investments, which value McEwen Copper at about $800 million, will go toward advancing the company’s Los Azules project in San Juan province after more welcoming policies rekindled interest in Argentina’s vast deposits despite the nation’s economic woes and capital and currency controls.
The fresh funds give McEwen Copper more breathing space before going public. The firm will continue to evaluate the ideal timing for an initial public offering, chief Michael Meding said in a text message. It hopes to publish a feasibility study early 2025 and start producing copper toward the end of the decade.
For Stellantis, it’s a sign of how keen car companies are to lock in future supplies of the materials needed to move away from fossil fuels. Still, Goldman Sachs Group Inc. analysts warned earlier this year that moves by automakers into the mining space may end badly, saying they’d be better off sticking to their core competencies and reducing their exposure to commodity price swings through hedging.
The investment comes less than two weeks before a pivotal presidential election in Argentina in which opposition candidates Javier Milei and Patricia Bullrich promise to deregulate the heavily controlled economy.
(By James Attwood)
 
 
 
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