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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Works being carried out to increase the quality of public transport www.gogo.mn

The first lane of Yarmag road has been separated for public transport. As a result, the average speed of the bus increased from 12-14 km/h to 16-18 km/h and 20-21 km/h during the day. Head of the implementing unit for the project on reducing Ulaanbaatar's traffic congestion Ch.Batzorig gave information about this. He said:
- As part of the work to increase public transport, 7.2 km of the first lane of Naadamchid Avenue /Yarmag road/ was separated for buses. As of the first half of this year, the number of imported vehicles reached 60,000. The number of vehicles in the capital is increasing every year. In this regard, we are working to increase the quality, availability and traffic of public transport. Therefore, no measures will be taken for traveling by private vehicles. We encourage citizens to use public transport instead of private vehicles as much as possible.
The frequency of buses arriving at bus stops is planned to be every 7-10 minutes. In this context, several measured are planned on this avenue. For example, improving camera monitoring and employing transport police officers are being discussed. In addition, the underpass will be operated and the pedestrian crossing will be moved.
-How is the availability of buses increased?
-There were less than 100 buses in service on Naadamchid Avenue, but now there are 130. Moreover, a short circuit route will be added and put into service from today. A short short circuit will be made from Buyant-Ukhaa to 19th khoroolol, and 15-20 buses will be put into service. More than 900 buses that used to be in public transport service have been renovated in stages, and as of today, more than 450 new buses are in service. And 150 new buses will arrive this month and 180 in October. As a result, 100 percent of public transport buses will be renewed in November, and the number of buses will be increased to 1200 in December.
-Several cars have had an accident and hit it since the fences were placed on the Naadamchid Avenue. How are the damages settled?
-As of today, people who drove a vehicle under the influence of alcohol broke fences in three locations. Two of them are beingiry and investigation is being conducted on one act.
-At what stage is the process of issuing electronic certificates for vehicles?
-Issuance of electronic certificates for vehicles of government organizations operating in Ulaanbaatar is ongoing. About private vehicles, electronic certificates will be distributed to citizens at 44 locations after the government approves the temporary regulations. As for the city of Ulaanbaatar, infrastructure works were carried out in 161 locations last year, and more than 442,000 electronic certificates were purchased.
-Roads are being constructed in two locations in order to reduce traffic congestion on Naadamchid Avenue. How is the progress of this work?
-The bridge connecting Naadamchid Avenue with Thermal Power Plant-IV will be put into operation on November 30. It is planned to complete the main embankment and paving of the 2.8 km road, and to open the carriageway. However, the paving of the road south of the "Misheel" center has been completed. About 65 percent of the road that went north to "Erel" company, 750 meters of road work related to the company has been stopped according to the court's decision.
Source: Media and public relations department of the governor’s office of the capital city
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Kangbuk Samsung Hospital to run hospital in Mongolia www.news.mn

Kangbuk Samsung Hospital was selected to run the Mongolian National Diagnostic and Treatment Center Operation and Management Consulting Project organized by the Korea Foundation for International Healthcare, Korea Biomedical Review reports.
Kangbuk Samsung Hospital has conducted the first and second rounds of consulting for the project since September 2020, which led to significant improvements in the overall operating indicators of the National Diagnostic and Treatment Center.
Consequently, the center recorded a 48 percent increase in the number of outpatients, a 34 percent increase in the number of inpatients, a 220 percent increase in the number of PET-CT examinations, a 107 percent increase in the number of health checkups, and a 20 percent increase in the number of clinical pathology diagnostic tests.
The consulting project will be conducted in close cooperation with the Mongolian Ministry of Health and KOFIH for about 20 months from September 2023 to April 2025.
Accordingly, Kangbuk Samsung Hospital will establish a strategy to revitalize the specialized center, support the organization and operation of a specialized nursing team, strengthen the capabilities of nuclear medicine personnel, and improve the medical device maintenance management system.
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Mongolia's Critical Mineral Strategy Eyes Key Supply Chain Role www.mongoliaweekly.org

Mongolia wants to become a global destination for critical minerals. Now it's working on a new law to get there. The global push to reduce carbon emissions in the global economy is creating an unprecedented demand for electric vehicles and the critical minerals required to fuel them.
Mongolia is ideally positioned to prosper in this scenario with its abundance of critical minerals such as rare earth, lithium and copper - essential for energy transition technologies.
Critical minerals and rare earth
The country is contemplating a regulatory framework for its critical mineral sector, with the introduction of Chapter VIII in the new draft mineral law in the upcoming Fall session of the parliament.
This chapter outlines overarching requirements and defines the state's role in fostering the development of the critical mineral sector.
For the first time, the mineral law introduces the term "critical minerals" and mandates the compilation of a government-approved list of such minerals. The potential involvement of lawmakers and the Parliament in the list's approval could add a political dimension to the issue. The Ministry of Mining officials would be tasked with drafting the list.
In a noteworthy shift, the proposed bill reportedly replaces the longstanding term "strategically important deposits" with the new phrase "minerals of strategic importance." This change is poised to have substantial implications for Mongolia's nascent critical mineral regime.
With the Fall session of the parliament commencing on October 1, 2023, the mineral law bill takes center stage on the legislative agenda.
It shares the spotlight with eagerly anticipated bills addressing land usage and the establishment of a national wealth fund, both of which possess the potential to reshape Mongolia's mineral regulatory landscape.
The land bill is anticipated to introduce measures that would liberalize land usage for foreign entities. This proposal, however, remains a sensitive topic, as it touches on concerns of encroachment by neighboring China. A prior attempt to table the bill was met with significant domestic opposition.
Policymakers aim to strike a balance by fostering foreign investment through land liberalization while maintaining Mongolia's sovereignty and safeguarding its interests. All these efforts would be key to Mongolia's critical mineral strategy.
Acquiring rare earth element (REE) licenses used to involve a rigorous process, requiring approval from the National Security Council and the Cabinet due to their classification as radioactive elements.
The new bill may help to streamline the process and improve the regulatory environment for investors.
Mongolian reserves of rare earths
Mongolian reserves of rare earths (source: MongolianEconomy.mn, 2020)
The scarcity of REE deposits, coupled with their concentration in technologically advanced countries, presents a challenge for Mongolia's entry into the global market.
In June 2023, Ulaanbaatar took a significant step by signing an MoU with the United States, setting the stage for American assistance in developing a critical mineral strategy. This move comes as a response to the United States' recognition of its vulnerability to disruptions in critical mineral supply chains.
The MoU aims to strengthen collaboration between the two countries in securing these vital resources. Mongolia's new strategy for critical minerals must also address investor concerns and clearly signal that the country is open for business.
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Mongolia commemorates victims of political repressions www.akipress.com

Mongolia commemorated the Day of Remembrance of the Victims of Political Repression yesterday, September 10.
According to unofficial data, about 40,000 people were subjected to repression in Mongolia.
Commemoration ceremonies are organized throughout the country on this day, at which citizens pay tribute to the memory of people who have been victims of political repression since 1937.
The country adopted a law on the rehabilitation of victims of political repression and compensations to them in 1998.
The court has examined 10,226 cases and acquitted 31,604 persons convicted of politically motivated crimes.
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License plate limitation back to normal from Friday www.gogo.mn

A traffic jam in Ulaanbaatar city increases due to the academic new year. In relevance, a decision to limit traffic by license plate by odd and even for 20 days has been made. This decision has been implemented since August 26.
In particular:
Vehicles with license plate numbers ending with 1, 3, 5, 7, 9 are allowed to drive on September 12 and 14
Vehicles with license plate numbers ending with 0, 2, 4, 6, 8 are allowed to drive on September 11 and 13.
The regulation will last until this Thursday, September 14. And starting from Friday, September 15, the previous restriction of car number plates once a week will continue as normal.
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Minister of Foreign Affairs B.Battsetseg visits Australia www.gogo.mn

B.Battsetseg, the Minister of Foreign Affairs, will pay an official visit to Australia on September 12-15, 2023 by the invitation of Penny Wong, Minister of Foreign Affairs of Australia.
During the visit, B.Battsetseg will hold an official meeting with the Speaker of the House of Representatives, the Minister of Foreign Affairs of Australia, and the chairman, members and other officials of the Australia-Mongolia Friendship Group in the Australian Parliament. At the meetings, opinions on bilateral relations, including expanding cooperation in trade, economy, education, mining, and agriculture, supporting the exchange of citizens, and exchanging views on issues of mutual interest will be discussed.
B.Battsetseg, the Minister of Foreign Affairs will visit the Australian Institute of International Affairs to deliver a lecture on "Mongolia's Foreign Relations: Northeast Asia Policy" and participate in the opening ceremony of the Mongolian HorseHead Fiddle Ensemble's first performance on the stage of the Sydney Opera House.
This visit is the first high-level visit after the 50th anniversary of the establishment of diplomatic relations between Mongolia and the Commonwealth of Australia.
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Homeplus enters Mongolian market with PB products www.kedglobal.com

South Korean big-box retailer Homeplus has entered the Mongolian market for the first time, signing a strategic partnership with the country's retail giant, Circle Group.
The deal aims to bring over 200 Homeplus private brand (PB) products, from processed foods to household goods, to Circle Group's stores in the Ulaanbaatar region.
Circle Group is a 28-year-old company with diverse business experience, including foreign trade and construction.
It runs popular discount stores Orgill and premium outlets Tout'en. Executives from Circle Group reportedly made two trips to Homeplus headquarters to finalize the agreement.
Homeplus will offer a variety of products from its PB product line, Homeplus Signature, in 14 Orgil and Tout'en stores across Ulaanbaatar.
The product selection will include processed foods, condiments, snacks, beverages, and essential household items like toilet paper and wet wipes.
Write to Young Chan Song at 0full@hankyung.com
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In Scope of "Food Revolution," Soft Loans to Farmers Total MNT 440 Billion www.montsame.mn

The President of Mongolia Khurelsukh Ukhnaa visited the farm land of Selenge Taria LLC of MTS Group in Tsagaannuur soum of Selenge aimag.
In 2023, farmers planted crops on 369.3 thousand hectares, of which wheat on 345.4 thousand hectares, potatoes on 18.4 thousand hectares, vegetables on 13.9 thousand hectares, fodder on 89.3 thousand hectares, and oilseeds on 131.7 thousand hectares, fruits and berries on 7 thousand hectares respectively, in total 629.6 thousand hectares were cultivated.
According to the preliminary estimates, it is possible to meet 100 percent of wheat and potato demands, and over 80 percent of vegetable needs from the domestic harvest, as presented to the President of Mongolia.
Compared to the last year, wheat production will increase by 17 percent, vegetable production by 18.3 percent, and fodder by 42.4 percent.
Selenge Taria LLC has 12,000 hectares of circulation area and collects 20-22 quintals of wheat and crops from each hectare. It supplies with grain such companies as Ulaanbaatar Guril LLC, Uguuj Guril LLC, Uyog Guril LLC, APU JSC, SBB LLC and Mind Tech LLC.
As part of the "Food Supply and Security" National Movement, Selenge Taria LLC participated in the "Primary Seed Center and Thresher Construction" Project and received a soft loan.
In the scope of the Project, a new, fully automated for drying and cleaning, thresher with a total capacity of 7,500 tons is being built in Tsagaannuur Soum of Selenge aimag.
The General Director of MTS Group P. Bat-Erdene expressed their gratitude for the timely and real support to the enterprises of the sector within the framework of the national movement, due to which they began get benefits.
In the frame of the National Movement by its Resolution No.36, the State Great Khural approved to invest and make financing of MNT 1.7 trillion in the food and agriculture sector over the next five years.
To this end, ten commercial banks are providing loans with annual 3-5 percent interest rate and 3-5 years’ term to industrialists, totaling up to MNT 1 trillion.
Up to the present, over 1,700 enterprises have received investment and working capital loans of about MNT 440 billion. This includes 1,200 enterprises operating in the crop production, and they received concessional loans of MNT 150 billion.
Within the bounds of the "Food Supply and Security" National Movement, income tax was reduced by 90 percent for enterprises with an annual sales income of less than MNT 1.5 billion, and certain types of food products were exempted from VAT.
In addition, new equipment for the processing of food and agricultural raw materials, which is registered as the fixed assets of the plant, was exempted from customs duties until 2027. In addition, new equipment for the processing of food and agricultural raw materials, which is registered as the fixed assets of the plant, was exempted from customs duties until 2027.
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This Week in Mongolia www.montsame.mn

Summary of this week's events:
September 11: Artists of the National Art Theatre will perform in Gyeryong, South Korea.
September 11:, At the Fine Arts Zanabazar Museum, artist O. Irmuun's solo exhibition of mixed-material paintings, light installation art, and the logical mind game SUDOKU, solving the puzzle with Mongolian numbers "FROM ONE TO NINE," will open at 15:00.
September 11-12: A meeting of Journalists of the Western Region will be held in Khovd aimag.
September 12: The President of Mongolia Khurelsukh Ukhnaa will leave to visit the Republic of Cuba.
September 12: At the National University of Mongolia, Dr. A. Ganchimeg, Director in charge of the Central Asian and Mongolian Studies Workshop of the Institute of Asian and African Studies of the Humboldt University in Berlin, Germany, will deliver a lecture "From Migration to Settlement: Changes in Herders’ Lives. 1940-1980s" at 16:00.
September 12: "Open Tuv Aimag" Project will launch in Tuv aimag.
September 12-13: "Organic Meat-Khuvsgul Expo-2023" Autumn Green Days event will be held in Murun.
September 12-16: Open Days to promote the defence sector will be organized in Arkhangai aimag by the initiative of the President of Mongolia.
September 13: The regular session of the Government will take place at the State Palace.
September 14: The Prime Minister of Mongolia L. Oyun-Erdene will work in Darkhan-Uul aimag.
September 14: Morin Khuur Ensemble of Mongolia will perform at the OPERA HOUSE, one of the Seven Wonders of the World in Sydney, Australia.
September 15: 13:30-17:30, the Mongolian National Chamber of Commerce and Industry and the Embassy of the Republic of Austria will jointly organize the Mongolian-Austrian Business Forum at the Shangri-La Hotel. Ten Austrian companies engaged in such sectors as milk and dairy products, meat processing, health, education, mining transport, digital technology, suspension transport and lighting will participate in the Forum.
September 15: The Institute of Linguistics of the Mongolian Academy of Sciences will organize an International Research Conference "Research of Local Dialects of the Mongolian Language" at the Teacher and Student Development Center of the National University of Mongolia.
September 15: The Press Institute of Mongolia will hold a training course for media management and journalists to provide knowledge and understanding of the court and its activities, and to specialize in court journalism.
September 15-17: The 34th National Book Festival will take place in the capital's central square.
September 16: Chinese author Yu Hua's meeting with Mongolian readers will be organized at the Central Cultural Center at 16:00.
Events to continue from the last week:
September 5-15: The exhibition “Our Dreams” dedicated to the 90th birthday anniversary of Amgalan Dagdan, the People’s Painter and Laureate of the State Prize of Mongolia, will continue in the exhibition hall of the Mongolian National Modern Art Gallery.
September 10-October 10: A special exhibition "History of the Republic of Korea, Jeju 4.3" will be displayed at the National Museum of Mongolia jointly by the State Commission on Rehabilitation and the "Jeju 4.3 Peace Foundation" of the Republic of Korea. The exhibition will last until October 10.
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China's Great Wall Damaged: Preserving a Monument of Historical Significance www.mongoliaweekly.org

The Great Wall of China stands as an iconic testament to human engineering, stretching thousands of kilometers across a historic border between China and Mongolia. It is one of the seven wonders of the world.
Built over centuries by various dynasties, this monumental structure was intended to protect China from northern invaders, including nomadic people. However, recent events have shed light on the need to safeguard this ancient treasure.
In Shanxi province, two workers were apprehended for their shocking act: driving construction equipment through a section of the wall dating back to the Ming dynasty (1368-1644) to create a shortcut to their work site.
This careless act caused irreversible damage to the Great Wall of China that has endured for centuries, prompting both public outcry and an official commitment to protect and restore this historical wonder.
The Great Wall of China is not just a historical monument; it symbolizes China's identity and history. In 1987, the wall was designated a UNESCO World Heritage site.
It represents the determination and resourcefulness of the ancient people, who surmounted countless challenges to construct this magnificent engineering marvel.
Furthermore, the wall mirrors the multifaceted history of many nations, reflecting varying political, economic, and military influences on its different segments.
This iconic structure also shares a unique connection with Mongolia, frequently serving as the frontier between these two civilizations. The Mongols, among the most formidable adversaries of Chinese dynasties, often launched raids and invasions.
Genghis Khan (Chinggis Khan), the renowned founder of the Mongol Empire, breached the Great Wall several times and conquered significant parts of China during his rule. Additionally, the Mongols played a role in constructing and maintaining the wall, as they established the Yuan dynasty (1271-1368) in China, inheriting and expanding the wall system.
The Great Wall of China is not merely a physical barrier but a cultural bridge connecting China and Mongolia. It underscores the rich interactions and exchanges between these two distinct peoples, who shared history.
It also witnessed the conflicts and collaborations between the nations, as they fought and negotiated for their interests and survival. Consequently, the Great Wall of China stands as a testament to the dynamic histories of both China and Mongolia.
Hence, the preservation and protection of the Great Wall of China are vital, as it represents a shared heritage for both nations and the world. The wall deserves not only respect but admiration for its remarkable role in human civilization.
It is a stark reminder that the Great Wall of China should be cherished and safeguarded, not marred by destruction and disregard.
How long is the Great Wall of China?
All the parts of the Great Wall of China ever built, even the ones that overlap because they were rebuilt, together measure about 21,196 kilometers (around 13,171 miles) in total length. The most well-kept section, built during the Ming dynasty, is about 8,850 kilometers (which is approximately 5,499 miles) long.
Why was the Great Wall of China built?
The Great Wall of China was built over centuries by China's emperors to protect their territory from northern nomadic people. Today, it stretches for thousands of miles along a historic border between China and Mongolia.
How long did it take to build the Great Wall of China?
It took around 2,500 years to build the Great Wall of China. It is one of the seven wonders of the world.
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