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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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AstraZeneca's new trial data gives COVID-19 vaccine a boost in U.S. www.reuters.com

FRANKFURT/TAIPEI (Reuters) - AstraZeneca’s coronavirus vaccine received a major boost on Monday after data from a large trial showed it was safe and effective, potentially paving the way for its emergency authorisation in the United States as countries in Asia accelerated its rollout.
The trials in the United States, Chile and Peru showed the vaccine was 79% effective at preventing symptomatic COVID-19 and could bolster confidence in the product after confusion over its efficacy data, dosing regimen and possible side-effects.
Many European countries halted the use of the AstraZeneca shot earlier this month after some reports that it was linked to blood clots, but have since resumed inoculation after a regional regulator said it was safe. A survey on Monday showed Europeans remained sceptical over its safety.
Leaders in Asia have sought to boost public confidence by taking the AstraZeneca shot themselves amid concerns a slowdown in the global vaccination rollout could hurt the fight against COVID-19, which has killed over 2.8 million people worldwide.
The AstraZeneca shot was among the first and cheapest of the COVID-19 vaccines to be developed and launched at volume and is set to be the mainstay of vaccination programmes in much of the developing world.
“I have just finished getting the (AstraZeneca) injection, there is no pain at the injection site, and there is no soreness of the body,” Taiwan Premier Su Tseng-chang told reporters as the island launched its inoculation campaign on Monday.
Thailand’s prime minister also became the first person in the country to be inoculated with the AstraZeneca vaccine after its rollout was temporarily put on hold over safety concerns, while Indonesia began using it on Monday after suspending it last week. But Indonesia’s Food and Drug agency has warned against its use on people with blood clotting disorders.
South Korean President Moon Jae-in, 68, plans to get the shot on Tuesday after the government said it could be used on older people.
Moon sought to reassure the public on Monday that the AstraZeneca shot is safe and encouraged people to take it.
“Vaccination is to protect not just yourself but also our society as a whole by creating herd immunity,” he said.
British Prime Minister Boris Johnson received his first dose of the AstraZeneca COVID-19 vaccine on Friday, saying he “did not feel a thing.”
The European Medicines Agency regulator said on Thursday the vaccine is effective and not linked with a rise in the overall risk of blood clots.
Yet a survey released on Monday showed that people in seven European countries were more likely to see the vaccine as unsafe than as safe.
Many Asian countries heavily rely on the AstraZeneca vaccine to end the pandemic, as the shot is being used in inoculation programmes in Australia, South Korea, the Philippines, Vietnam, Thailand, and India.
Some states in India, which has the highest coronavirus caseload after the United States and Brazil, are seeking to accelerate the vaccination drive, as the country reported its most COVID-19 cases and deaths in months on Monday.
As vaccine demand rises at home, top producer the Serum Institute of India has delayed further shipments of the AstraZeneca shot to the United Kingdom, Brazil, Saudi Arabia and Morocco..
Australia, which has inoculated just 1% of its population so far, is also accelerating vaccination after the country’s pharmaceutical regulator approved on Sunday the local manufacturing of the AstraZeneca vaccine by CSL.
Within 12 weeks, CSL is expected to produce 1 million doses of the vaccine each week.
Reporting by Ben Blanchard in Taipei, Krishna Das in New Delhi, Colin Packham in Canberra, Stanley Widianto in Jakarta, Sangmi Cha in Seoul and Neil Jerome Morales in Manila; Writing by Miyoung Kim; Editing by Ana Nicolaci da Costa
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Mongolia reported 210 daily cases of coronavirus www.akipress.com

Mongolia reported 210 daily cases of coronavirus on March 22.
The country's total of confirmed cases reached 5,186 so far.
One case was imported by a person who arrived from Budapest, all the rest were locally transmitted ones.
The total number of people who recovered reached 3,606 with 129 daily recoveries, the recovery rate is 71%.
1,407 patients are under treatment, 3 of them are in serious, 15 are critical condition, while the rest have a mild form of the disease.
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Mongolia ranks 70th in Happiness Index www.ubposts.com

General Assembly in 2012 decided that March 20 should be designated as World Happiness Day because of the fact that human beings strive for well-being and dream of happiness. It is recommended that countries celebrate this day with appropriate education and enlightenment programs and March 20 is a symbol of equality and happiness for all people in the world.
The UN Committee on Sustainable Development’s annual World Happiness Report was released on Thursday (March 18, 2021). In this report, Mongolia is ranked 70th out of 149 countries in the world with a happiness index of 5.6.
Finland was re-named the happiest country in the world with 7.8 points, followed by Iceland, Denmark, Switzerland and the Netherlands. The country with the most progress is Croatia, which was ranked 79th in the previous list, but this time it is ranked 23rd and moved up 56 places. The United States slipped from 14th to 18th and the United Kingdom dropped from 13th to 18th. The unhappy countries in the world are India, Burundi, Yemen, Tanzania, Haiti, Malawi, Zimbabwe and Afghanistan.
The report measures a country’s level of happiness based on a number of indicators, including life expectancy, social welfare, level of corruption, GDP per capita, civil liberties, job security, level of corruption, and the results of public opinion polls.
The Happiness Index is based on quality of life, positive and negative emotions, and quality of life is the level at which a basic need for a healthy, sustainable life is met on a daily basis. Researchers point out that this year’s report was largely influenced by the pandemic and other adverse changes.
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Over 209,000 people in Mongolia partially vaccinated against COVID-19 www.montsame.mn

It was reported at today’s COVID-19 daily briefing by the Ministry of Health, a total of 209,278 people in Mongolia have received the first dose of vaccine against COIVD-19. Among them, 205,844 people in Ulaanbaatar city and 3,434 people – mine workers in Umnugobi aimag have been vaccinated.
On March 22, today, around 11,280 people, including employees of essential organizations and businesses and people aged 50-64, are scheduled to receive the first dose of COVID-19 vaccine. Some 732 healthcare workers are working at 40 vaccination sites across the capital city to administer the vaccines.
Currently Mongolia has received a total of 474,000 doses of COVID-19 vaccines, including 164,000 doses of AstraZeneca via Indian assistance and COVAX Facility, 300,00 doses of Sinopharm (Verocell) vaccine from China and 10,000 doses of Sputnik-V vaccine from Russia.
The second dose of AstraZeneca vaccine will be administered 8 weeks after the first dose or around April 21, and of Sinopharm and Sputnik-V will start being given from April 10.
Accelerating the vaccination rollout in the country, which is covering not less than 10,000-15,000 people daily since February 23, more vaccines supplies will arrive from abroad in coming weeks and more than 30,000 people will be vaccinated each day, reports the Press Secretary of the Cabinet Secretariat Ts.Ganzorig.
According to him, 25,740 doses of Pfizer vaccine will arrive by the end of March. And Mongolia is planning to receive 300,000 doses of AztraZeneca vaccine, 300,000 doses of Sputnik-V vaccine and 900,000 doses of Sinopharm vaccine by early April and another 97,600 doses of AztraZeneca vaccine by the end of April, which are sufficient for fully vaccinating more than 800,000 people.
As a result, over one million of population in Ulaanbaatar will receive the first dose of COVID-19 vaccines by May 22, and the second doses will be completed administering to the one million people by June 20.
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Today marks 40th anniversary of Mongolia’s first space flight www.monsame.mn

Today marks the 40th anniversary of the first space flight by a Mongolian. On this day in 1981, Hero of Mongolian People’s Republic, Hero of USSR Jugderdemidiin Gurragchaa along with twice Hero of USSR, Hero of Mongolian People’s Republic, Soviet cosmonaut V.A.Dzhanibekov flew into space on the Soyuz 39 spacecraft, landing back on Earth at 7.42 pm on March 30.
With this event, Mongolia became the 10th country in the world to send off a cosmonaut into space, and Mongolian cosmonaut J.Gurragchaa became the 2nd person in Asia, and the 101st person in the world to fly into space.
While in orbit, 25 types of 36 experiments and research works were carried out in the fields of medical care and biology, physics and technology, and remote sensing, which laid out the foundations for the development of space science in Mongolia.
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Czech-Mongolian Business Forum ONLINE www.mongolianbusinessdatabase.com

Let me invite you to the Czech-Mongolian Business Forum ONLINE, one of the virtual business forums organized by the Czech Chamber of Commerce. The forum will also include online B2B negotiations between Czech and Mongolian companies. The event is organized in cooperation with the Czech Embassy in Ulaanbaatar and Mongolian Chamber of Commerce. Participation is free of charge for Mongolian companies.
The event will take place in the period from March 31st, from 9 a.m. (CET) to April 1st, to 4 p.m. (CET). During this time, it will be possible to watch the pre-recorded speeches of the representatives of chambers (speakers), presentations in pdf and hold a B2B meetings with selected Czech partners.
The Czech-Mongolian Business Forum is primarily focused on companies doing business in the fields of construction, agriculture, energy, medical equipments, water and waste management and transportation
Instructions for registration:
1) You can register for the event via the link: https://live.eventtia.com/en/czechmongolianbusinessforum, choose the green option (Mongolian participants), fill in the registration form including the company profile option and contact information – telephone etc. and send. After the registration, you will receive the confirmation e-mail. Afterwards, wait until our approval.
2) After the approval of your registration from our side (you will get a notification email that you are approved), click on the webpage on „AFTER THE REGISTRATION AND VALIDATION CLICK HERE TO ENTER THE BUSINESS FORUM PAGE AND PLAN YOUR B2B MEETINGS" underneath the introductory page. After entering your registration mail, you will receive to your email a numeric code which is needed to insert. Therefore, you will be able to enter the forum webpage.
3) On this page, you can also immediately start planning your B2B negotiations (for the exact time slots) with Czech partners online. The list of registered companies with their company profiles is given on the page. We recommend that you visit the online page on an ongoing basis, due to the continuous reporting of participants and the planning of your B2B meetings. You can schedule the time of your meetings for the interval from March 31st, from 9 a.m., (CET) to April 1st, until 4 p.m. (CET)
Introductory speeches (uploaded videos) and thematic presentations (uploaded in pdf) will be recorded on the online platform and will be made accessible. They will be available according to the forum agenda and afterwards can be launched at any time during the forum.
Please note that the capacity of the event is limited.
Registration can be done no later than March 30th, 2021.
In case of your questions, we are at your disposal.
Kind regards
Ing. Petr Talafús
Deputy Director
Czech Chamber of Commerce
Florentinum (Reception A), Na Florenci 2116/15, 110 00 Prague 1
Phone: +420 266 721 499
talafus@komora.cz | www.komora.cz
HK_CR_-logo_CZ-logo_zakladni
SíLA / RESPEKT / NEZáVISLOST
Jiří Brodsky
Ambassador of the Czech Republic in Mongolia
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Over 200,000 receive first shot in Covid-19 vaccination in Mongolia www.akipress.com

Some 204,129 people received the first dose of coronavirus vaccine as of March 21, the Ministry of Health reported.
This means every fifth adult in Ulaanbaatar was vaccinated.
Coronavirus vaccination is ongoing in Mongolia.
The Ministry of Health aims to vaccinate from 10,000 to 20,000 people every day.
Mongolia received the first batch of 464,400 doses of vaccine that would suffice for 232,200 people.
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Yuan going global: China tests its digital currency on e-commerce platforms www.rt.com

As part of a push to internationalize the yuan, China has been testing its digital currency on trading platforms around the world where it can be freely traded with other fiat currencies.
Beijing is also setting up a legal framework for central bank digital currencies, or CBDCs, with global financial regulators.
“You have central bank digital currencies developed on various platforms such as enterprise blockchain Corda or Hyperledger, and the digital yuan is technically not even on a blockchain,” Michael Sung, co-director of the Fintech Research Center at Fudan University, said as quoted by CoinDesk. “That is a very balkanized ecosystem.”
Experts say that for the digital yuan to achieve global adoption, China would need to work with trading partners or regional financial hubs. That will help to have a platform where the digital yuan is technically, legally and financially interoperable with other countries’ digital currencies.
One such platform is Inthanon-LionRock (Note), which is a central bank digital currency project for cross-border payments initiated by the Hong Kong Monetary Authority and the Bank of Thailand.
Eight Thai banks and two Hong Kong banks, including HSBC, participated in the Note project and tested the feasibility of digital currency-based transactions between Thailand and Hong Kong. The project aims to help central banks with cross-border fund transfers, international trade settlement and capital market transactions.
“The Note project is very emblematic of China’s approach to internationalize the digital yuan,” said Tavni Ratna, CEO and founder of blockchain and digital currency think tank Policy 4.0. “China might want to negotiate with one central bank at a time and come up with a mechanism for everything ranging from a legal framework to exchange rate between the two currencies.”
China has been steadily expanding tests of its sovereign digital currency, officially known as the Digital Currency Electronic Payment (DCEP). Beijing plans to get it ready in time for the 2022 Winter Olympics. The digital yuan could transform cross-border trade due to its ability to process payments and handle foreign exchange transactions simultaneously, experts say.
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International spectators to be barred from Olympics in Japan www.reuters.com

TOKYO (Reuters) - International spectators will not be allowed to enter Japan for this summer’s Olympic Games amid public concerns over coronavirus, organisers said on Saturday, crushing many fans’ hopes and setting the stage for a drastically scaled-back event.
Some 600,000 Olympic tickets purchased by overseas residents will be refunded, as will another 300,000 Paralympic tickets, Toshiro Muto, the chief executive of the Tokyo 2020 organising committee, told a news conference.
He declined to say how much the refunds would cost.
The Olympic Games were postponed last year due to the COVID-19 pandemic. While the outbreak has chilled public opinion toward the event, both organisers and Prime Minister Yoshihide Suga have vowed to press ahead with the Games, now scheduled to take place on July 23-Aug. 8, with the Paralympics on Aug. 24-Sept. 5.
The decision on international spectators will “ensure safe and secure Games for all participants and the Japanese public,” Tokyo 2020 organisers said in a statement following five-way talks that included the head of the International Olympic Committee, Thomas Bach, and the Tokyo governor.
“People who are involved in the Olympics in some way may be allowed to enter the country, whereas regular visitors will not be able to,” Tokyo 2020’s Muto said.
He said costs for hotel cancellations would not be covered. Organisers may also consider cutting the number of staff members who will participate in the Games.
Bach said he shared the disappointment of Olympic fans as well as the families and friends of athletes who had planned to travel to Tokyo.
“For this I’m truly sorry. We know that this is a great sacrifice for everybody. We have said from the very beginning of this pandemic that it will require sacrifices,” Bach said in a statement.
But he said safety had to come first, adding, “I know that our Japanese partners and friends did not reach this conclusion lightly”.
“Together with them, the IOC’s top priority was, is and remains to organise safe Olympic and Paralympic Games for everyone,” Bach said.
Media polls have shown that a majority of the Japanese public are wary about letting in international spectators to watch the Games as the country grapples with the tail-end of a third wave of the pandemic.
STRIPPED-DOWN GAMES
A stripped-down Games means the government will not get the tourism boom it had long counted on. Japan has grown increasingly reliant on foreign tourists, particularly from Asia, to bolster its weak domestic economy.
Like other countries, it has seen tourism unravel with the pandemic and its hotels and restaurants have been hit hard.
Saturday’s decision did not cover local spectators. Muto said organisers will decide next month on caps for spectators in venues.
“It’s very unfortunate,” Tokyo Governor Yuriko Koike said of the decision on international spectators, speaking to reporters after the meeting.
But she added that the conclusion was “unavoidable” given that the main priority for holding a successful Games would be the health of the athletes and the Japanese public.
Kyodo news service earlier reported that organisers were leaning towards barring overseas volunteers from helping at the Games.
Sources told Reuters earlier this month that the Japanese government had concluded it would not be able to allow spectators from abroad.
Reporting by Sakura Murakami; Editing by William Mallard, David Dolan and Frances Kerry
Our Standards: The Thomson Reuters Trust Principles.
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Mongolia ready to start production of Russia's coronavius vaccine www.akipress.com

President of Mongolia Khaltmaagiin Battulga met with Ambassador of Russia to Mongolia Iskander Azizov.
Battulga said the estaliblished diplomatic relations between Mongolia and Russia will turn 100 years this year.
Mongolia has capacity for production of coronavirus vaccine, President Battulga said and asked the Ambassador to consider possibility of production of Russia's coronavirus vaccine Sputnik V in Mongolia and to pass the offer of cooperation to the Kremlin.
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