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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Wang Yi: China to work with Mongolia to set example in neighborly ties www.news.mn

China is willing to work with Mongolia to plan high-level exchanges and priorities in cooperation to push for greater development of bilateral ties, further setting an example in neighborly relations, senior Chinese diplomat Wang Yi said on Thursday.
Wang, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and director of the Office of the Central Commission for Foreign Affairs, made the remarks when meeting with Mongolian Deputy Prime Minister S.Amarsaikhan, who came to China to attend the third China Xizang Trans-Himalaya Forum for International Cooperation in Nyingchi, southwest China’s Xizang Autonomous Region.
Wang noted that China and Mongolia are friendly neighbors, sharing not just common mountains and rivers but also weal and woe.
The two sides should be guided by the important consensus of the two heads of state, adhere to mutual respect for independence, sovereignty and territorial integrity, as well as respect for each other’s core interests and major concerns, said Wang, urging both sides to strengthen mutual trust, enhance communication and resolutely promote bilateral relations to make steady progress in the new era and advance the building of a China-Mongolia community with a shared future.
For his part, Amarsaikhan said that Mongolia-China relations are developing with sound momentum, and cooperation in various fields has intensified, especially economic and trade cooperation, which has played an important role in Mongolia’s economic development.
Noting the Mongolian side is deeply satisfied with the development of bilateral relations and full of confidence in the future of the relationship, Amarsaikhan said it will firmly pursue a friendly policy towards China, respect each other’s core interests and push bilateral ties to a new level.
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UK Ambassador to prioritize cooperation in field of education with Mongolia www.news.mn

The British Embassy will support English language teaching in secondary schools in Mongolia.
On 6 October, Minister of Education and Science L.Enkh-Amgalan received Ambassador of the United Kingdom of Northern Ireland to Mongolia Fiona Blythe. The sides exchanged views on further cooperation in the field of education and science.
L.Enkh-Amgalan visited the UK in May 2023. He met with representatives of the Foreign and Commonwealth Office and thanked them for their support in increasing the Chevening Scholarship during the visit.
The Ambassador stated that during her stay in Mongolia she will prioritize cooperation in the field of education. In particular, she expressed her willingness to cooperate in supporting English language teaching in secondary schools in Mongolia.
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Mongolia opens honorary consulate in Phuket, boosting ties www.news.mn

Phuket marked a significant milestone as Mongolia inaugurated its honorary consulate on the island, coinciding with the 49th anniversary of its diplomatic ties with Thailand last week. The consulate’s office is located at the Gig Hotel on Soi Bangla in the Patong district.
The opening ceremony saw the attendance of key figures including A.Tumur , Mongolia’s ambassador to Thailand, Nutthaphong Phathakiatpaisan, Mongolia’s Honorary Consul, and Phuket’s governor, Sophon Suwannarat. The consulate’s staff is set to offer assistance to Mongolian visitors in Phuket and its neighbouring provinces, according to the ambassador.
Nutthaphong, who was appointed Mongolia’s Honorary Consul for Phuket on August 28, emphasised the unwavering commitment of both nations to strengthen their bilateral relations through knowledge and cultural exchanges, even after 49 years.
In light of the weekly flights scheduled to commence next month between Phuket and Ulaanbaatar, the Mongolian capital, the island is set to welcome an estimated 15,000 Mongolian visitors in the coming year. Currently, there are three direct flights weekly between Bangkok and Ulaanbaatar.
Nutthaphong expressed optimism that the consulate’s inauguration would also stimulate an influx of Thai visitors to Mongolia.
In the pre-pandemic year of 2019, approximately 6,000 Thais visited Mongolia, with about 16,000 Mongolians visiting Thailand. Despite easing pandemic travel restrictions, only 1,118 Thais visited Mongolia last year, while 5,245 Mongolians made their way to Thailand, reported Bangkok Post.
In an effort to bolster its tourism sector, the Mongolian government has launched a campaign dubbed “Years to Visit Mongolia.” The initiative aims to attract one million foreign visitors, contributing an estimated USD 1 billion to the economy, which is equivalent to roughly 15 percent of the country’s GDP. Moreover, Thais are granted the privilege to travel to Mongolia without a visa.
Thailand and Cambodia have reaffirmed their commitment to strengthen their relationship, with a shared goal of increasing bilateral trade to USD 15 billion by 2025
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Shiveekhuren-Sekhe port to be connected by railway next month www.gogo.mn

S.Byambatsogt, Minister of Road and Transport Development, L.Khaltar, Deputy Minister of Road and Transport Development, and S.Batbold, Secretary-General, heads of departments of the Ministry and the heads of subordinate departments gave information about the projects and measures of the road transport sector included in the New Revival Policy at the session of the Parliament.
According to the information, the construction work of the 7.1 km Shiveekhuren-Sekhe railway began on May 27 of this year and will be completed by November.
On September 28, the Feasibility Study and Layout of Gashuunsukhait-Gantsmod border connecting railway was discussed and approved. It is planned to start construction of the border railway in 2024.
Before, Mongolia had only one railway export route to the south, Zamiin-Uud. And there will be 3 railway corridors connecting Mongolia and Asia-Europe, and five railway crossings which are Zamiin-Uud-Erlian, Gashuunsukhait-Gantsmod, Shiveekhuren-Sekhe, Bichigt-Zuunkhatavch, Khangi-Mandal.
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Mongolia Jan-Sep iron ore exports up 32.5% on yr www.sxcoal.com

Mongolia exported 4.24 million tonnes of iron ore in the first nine months of this year, rising 32.53% or 1.04 million tonnes from the previous year, showed the latest data from the Mongolian Customs General Administration (MCGA).
China remained the only destination of Mongolian iron ore exports in January-September.
The total export earnings increased by 11.02% on the year to $324 million during this period, data showed.
MCGA didn't release the specific figure for last month. Sxcoal calculated the exports at 580,700 tonnes based on the overall exports published by the customs authority, up by 7.54% or 40,700 tonnes year on year and 11.9% or 61,800 tonnes on the month.
The iron ore exports amounted to $37.28 million in September, with average price at $64.19/t, down $1.8/t from the year-ago level yet up $5.02/t from August, data showed.
(Writing by Rebecca Liu Editing by Emma Yang)
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Koreans involved in bus purchase attempt escape from investigation www.gogo.mn

Korean citizens who participated in the purchase of goods with state money attempted to escape the investigation process.
Lee Jung Seob and Kim Keabaum, citizens of South Korea, were accused in connection with the crime of intentionally joining with relevant people, illegally influencing the members of the working group and creating an advantage for themselves and others by participating in the case as an accomplice. And they were detained on the grounds of attempting to escape from investigation.
In particular, the proposal to take restraining measures was submitted to the Primary Criminal Court of Chingeltei District, and the court considered the prosecutor's proposal on October 4, and decided to take preventive measures of detention for a period of 1 month.
Reminder: "This conclusion does not replace the court's decision and is intended to provide information to the public," informed by the office of the primary criminal court of Bayanzurkh district, Sukhbaatar district, and Chingeltei District.
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Two Ministers Newly Appointed www.montsame.mn

Yesterday, Member of Parliament Delgersaikhan Borkhuu was appointed as a Cabinet Member and Chair of the National Committee on the Reduction of Traffic Congestion in Ulaanbaatar and Member of Parliament Enkhbayar Battumur as Minister of Justice and Internal Affairs, getting approval from the State Great Khural.
The Prime Minister of Mongolia Oyun-Erdene Luvsannamsrai released the Order on the appointments and presented it to the newly appointed Ministers.
As the Governor of Ulaanbaatar and Mayor of the Capital Sumyabazar Dolgorsuren and Cabinet Member and Chair of the National Committee on the Reduction of Traffic Congestion in Ulaanbaatar Sukhbaatar Jamyankhorloo submitted their resignation, the Prime Minister made a decision to appoint Minister of Justice and Internal Affairs Nyambaatar Khishgee as the Governor of the capital and Mayor of Ulaanbaatar and other abovementioned appointments.
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Mongolia ready to hand over 100 yaks to Kyrgyzstan www.24.kg

Mongolia is ready to hand over 100 yaks to Kyrgyzstan to renew the gene pool of these animals. The press service of the Ministry of Foreign Affairs reported.
According to it, the Ambassador of the Kyrgyz Republic Aibek Artykbaev met with the Minister of Food, Agriculture and Light Industry of MongoliaBolorchuluun Hayangaa. They discussed the implementation of the agreements reached during the visit of President Sadyr Japarov to Mongolia on July 9-11 this year and issues related to food, agriculture and light industry.
The minister noted that the greatest potential for cooperation between Kyrgyzstan and Mongolia relates to agriculture. He expressed readiness of the Mongolian side to donate 100 yaks to the republic if veterinary permitting documents are approved.
The Ambassador drew attention to the readiness of the Kyrgyz Republic, together with Mongolian colleagues, to consider the possibility of establishing supplies of meat and meat products to Kyrgyzstan.
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ADB Approves USD 100 Million Loan to Strengthen Mongolia’s Fiscal, Financial, and Economic Resilience www.montsame.mn

The Asian Development Bank (ADB) has approved a USD100 million loan to strengthen Mongolia’s fiscal, financial, and economic resilience.
“Mongolia is vulnerable to volatility in commodity markets and other exogenous shocks because of its dependence on mining revenues,” said ADB Principal Public Management Specialist Hans van Rijn. “To shore up against the impact of this volatility, the Strengthening Fiscal, Financial, and Economic Resilience Subprogram 1 supports reforms to strengthen tax revenue mobilization, debt management, banking sector stability, and the role of the private sector in economic development.”
Mongolia’s economy experiences repeated boom-and-bust cycles. The current growth trajectory is the third major expansionary economic cycle since 2008, underpinning the importance of implementing and accelerating structural reforms to build resilience.
The program supports tax revenue growth through structural improvements in domestic tax administration and increased alignment with international tax treaties around profit shifting and the automatic exchange of information.
Mongolia’s debt sustainability would be enhanced through the introduction of a risk-based approach to debt management, the strengthening of local capital markets, and increased fiscal transparency.
The program would also improve finance sector stability and resilience by boosting banking sector supervision and regulation, enhancing nonperforming loan resolution, and promoting financial consumer protection.
Finally, reforms would strengthen the upstream environment for private sector development through relevant legal reforms, support for public–private partnerships, and enhance the performance of the Development Bank of Mongolia.
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Mongolia, the land of Genghis Khan, goes modern with breakdancing, esports and 3x3 basketball www.apnews.com

There’s a minor sports revolution going on in Mongolia, the giant landlocked Asian country most associated with Genghis Khan and famous for its “three manly sports” of archery, horse racing and, the most prestigious, wrestling.
The two-week Asian Games offer a glimpse at a changing Mongolia, a vast nation sandwiched between China and Russia with only 3.3 million people. Its ancient history is slowly giving way to the modern, including a growing passion for youth sports with breakdancing at the forefront.
Yes, breakdancing.
“There’s a huge potential in Mongolia to showcase that we are a powerhouse in breaking,” 25-year-old Khandjav Myagmarjav, the only woman on the four-person Mongolia breaking team at the Asian Games, told The Associated Press.
Despite its roots in street dance in urban America, the sport has surprisingly deep connections in Mongolia. It began to emerge after the country’s democratic revolution in 1990, which ended years of domination by the former Soviet Union.
“During the Soviet era before 1990 there was some small community practicing breakdancing, say in ‘86 or ’87,” Myagmarjav explained. “Since then there has always been a niche community promoting breakdancing. So it’s not something new in Mongolia. It was small and now it’s getting bigger.”
She said she got into it as as a child watching videos at home in the capital Ulaanbaatar and stuck with it.
“Then as a teenager I learned there was breakdance training in Mongolia, and I became part of it,” she said. “It’s true, women dancers are a minority in Mongolia. But women add flexibility and we have a different way of expressing ourselves through some movements.”
The breakdance medal round at the Asian Games was set for Saturday and Myagmarjav is ready.
“We are already known in Asia, but our ambition is to become a global powerhouse, and to draw attention to our country. So this is an opportunity,” she said.
Mongolia’s lone gold medal so far at the Asian Games was in boxing — a more traditional sport — where Chinzong Baatarsukh won in the men’s 57-63.5-kilogram class.
But two of four silver medals have come in women’s 3x3 basketball and esports. And there’s also a bronze medal in men’s 3x3 basketball, where Mongolia edged South Korea 21-20.
The rest of the medals have been spread out across judo, shooting, boxing, cycling and the wresting sport of kurash. Many of Mongolia’s Olympic medals traditionally have come in wrestling and, in these Asian Games, Mongolian men and women have won roughly the same number of medals.
Tugstur Dashzevge, who took a silver medal in esports — the multiplayer online battle arena Dota 2 video game competition — made his feelings known a few days ago after a close loss to a powerful Chinese team.
“There’s definitely a lot of pride in what we did,” he said. “Those are legendary, inspiring players right there (in China) and we almost beat them.
“It feels heavy, man,” he added.
Mongolia has just over 400 athletes at the Asian Games, less than half the size of large delegations from China, Japan or South Korea.
“It includes teams in some very new sports for women in Mongolia — football, cricket, wrestling and boxing,” said Amarasana Chimeddorj, deputy head of the delegation.
The average age of the men’s cricket team was reported to be 19, no surprise given that the country’s median age is only 29.8.
Monaco has the world’s oldest national average with a median age of 55.4, followed by Japan with 48.6. Ten African countries have the lowest median age, with Niger the lowest at 14.8.
Transitioning to the new has involved some pain. Nepal’s men’s cricket team smashed Mongolia in an early match, setting multiple records in the 273-run victory.
The long tradition of wrestling in Mongolia has produced a line of sumo wrestlers who have dominated the sport in Japan for several decades. The most famous might be Hakuho, a so-called Yokozuna, or grand champion. His Mongolian name is Mönkhbatyn Davaajargal — one of the best the sport has ever seen.
His late-father, who went by the given name of Monkhbat, was an Olympic silver medalist in 1968. He also competed at the 1964 Tokyo Olympics.
Majigsuren Tsogbadrakh is a 23-year-old journalist with Mongolian television TenGer. She called herself “a novice” breakdancer but has practiced with at least one member of the Mongolian team, Gan-Ulzii Ganbalt.
She’s aware of Mongolia’s traditions but says it’s time to move on.
“We were known for a long time for our nomadic lifestyle,” she said. “But our lifestyle is changing. In Mongolia, young people are interested in dance, fashion, in pop culture. We are all trying to change — in our own way — our identity to the world.
“My generation is trying to change the way Mongolia is seen,” she said. “We want to break the stereotypical image.”
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