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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Hungarian companies to begin construction on a vaccine plant in Mongolia www.dailynewshungary.com

Foreign Minister Péter Szijjártó discussed economic ties and bilateral cooperation in international organisations with his Mongolian counterpart, Nyamtseren Enkhtaivan, on Tuesday. As we wrote in 2019, Hungary has signed a 57 million dollar tied-aid agreement to support the construction by Hungarian companies of a veterinary vaccine plant in Mongolia, details HERE. In a Facebook entry detailing his talks, Szijjártó announced for the second time: Hungarian companies will begin construction on a vaccine plant in Mongolia supported by the Hungarian government with a 57 million dollar tied-aid agreement next year. “As a follow-up to this success, we agreed to launch a new tied-aid scheme in the near future with a view to boosting agricultural investments,” the minister said. Both Hungary and Mongolia are committed to the global fight against terrorism, Szijjártó said, adding that both countries want to see the United Nations expand its budget to cover anti-terror operations. Szijjártó also said that demand for Hungarian scholarships remained high, noting that more than 750 Mongolian students have applied for 200 scholarships.

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United Nations Summit on Biodiversity is taking place under the theme of “Urgent action on biodiversity for sustainable development” www.mn.undp.org

New York - 30 September 2020: The United Nations Summit on Biodiversity is being convened by the President of the General Assembly along with Heads of State and Government today. The Summit will highlight the crisis facing humanity from the degradation of biodiversity and the urgent need to accelerate action on biodiversity for sustainable development
Biodiversity is declining globally at unprecedented rates causing increased disastrous impacts on people and planet. There is a pressing need for intensive actions for species whose recovery cannot be enabled through the reduction of threats or nature-based solutions. The UN Decade on Biodiversity 2011-2020 is nearing conclusion; yet the progress towards global biodiversity conservation targets including those of the SDGs has been largely insufficient. Consequently, there is a strong need to take urgent action globally throughout the next decade to halt net biodiversity loss and begin restoration for the benefit of planet and people.
Mongolia is not an exception to the rapidly declining wildlife and reduced biodiversity. UNDP Mongolia is jointly working with partners, donors, and the Government of Mongolia through several projects to address the challenges. UNDP BIOFIN project is providing potential solutions to mobilize financing for biodiversity conservation, through establishing a Conservation Trust Fund, improving effectiveness of the implementation of existing public financing mechanisms such as potential introduction of a pasture use fee in Mongolia to save and protect the rangeland.
“Strengthening institutional and human resources capacity to implement the Nagoya Protocol,” - UNDP’s global project in Mongolia supported the development of draft legislation on Access to Genetic Resources and the Fair and Equitable Sharing of Benefits Arising from their Utilization that should provide critically needed certainty in the use of genetic resources as well as support investing in biodiversity-based research.
Lastly, the “Ensuring sustainability and resilience in green landscapes of Mongolia “ project, jointly funded by Global Environmental Facility and UNDP, is aiming to improve biodiversity conservation through reduction of various threats, that are causing extinction of globally important species in Mongolia. The project is introducing multi-faceted solutions to existing barriers of sustainable development in different ecosystems
When biodiversity is degraded or lost, results are disastrous for the greater web of life and increased risk of disease infection from wildlife to people. Responses to the Covid-19 pandemic provide a unique opportunity for transformative change as a global community in addressing the root causes of biodiversity loss and ensuring that biodiversity and the contributions it provides to all people are at the heart of sustainable development and the fight against climate change. Thus, UNDP is calling for Urgent Action on biodiversity and sustainable development – for people and for planet.
About UNDP
UNDP is the leading United Nations organization fighting to end the injustice of poverty, inequality, and climate change. Working with our broad network of experts and partners in 170 countries, we help nations to build integrated, lasting solutions for people and planet.
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Mongolia: Coronavirus update as of 29 September 2020 www.eeas.europa.eu

Total number of confirmed cases: 313, Recovered: 305, Deaths: 0
(Information current as of 29 September 2020)
The Government of Mongolia extended the partial undertaking of high-alert preparedness through 31 October 2020 and issued precautionary measures.
This entails:
Suspension of all regular passenger flights;
Suspension of international passenger train travel;
Closure of all land borders of Mongolia with China and Russia.
The Mongolian Government continues to organise charter flights to repatriate Mongolian citizens. EU citizens can depart with these charter flights. EU citizens, who hold valid residency permits and visas might be allowed by authorities to enter Mongolia. For further information on return to Mongolia EU citizens are advised to contact Mongolian diplomatic missions abroad.
A negative COVID-19 test is required for entry. All entering travellers must undergo a 21-day quarantine in a government-designated facility, usually a hotel, at their own expense.
In October, charter flights will be organised to:
Frankfurt: 23 October;
Nur-Sultan: 4 October;
Tokyo: 10 October;
Seoul: 12, 16, 17, 18, 19, 20 October;
For reservations, prices and other information regarding the flights, EU citizens can directly contact MIAT Mongolian Airlines, tel.: (11) 333999 or Central Tower, tel.: (11) 313385 or Encanto Tower tel.: (11) 322118; or AirTrans ticketing agency City Plaza, tel.: (11) 303030.
EU citizens are advised to contact their Embassy or the Embassy representing their country for consular issues in Ulaanbaatar for additional information.
Travel
Mongolian authorities suspended the entry of all passengers through all border checkpoints through 31 October 2020.
Subject to further implementation modalities, this restriction does not apply to:
Accredited staff and their direct family members of diplomatic missions and offices of international organisations in Mongolia (to be quarantined at facilities for 21 days upon arrival as per Mongolian citizens, followed by a 14-day home-isolation);
Foreign nationals who are direct family members of Mongolian nationals (to be quarantined at facilities for 21 days upon arrival as per Mongolian citizens, followed by a 14-day home-isolation);
International freight transport drivers and railway personnel of Mongolia, Russia and China.
Public Places
Everyone is required to wear a facemask at public places. Non-compliance is subjected to a fine up to MNT 150 000.
Visitors can be subject to temperature screenings.
Quarantine
Upon entry, foreign and Mongolian citizens are subject to a 21-day quarantine at a government facility at their own expense. The requirement to complete an additional 14-day home isolation is no longer in place
Authorities might issue further travel restrictions, recommendations and updates.
EU citizens are advised to keep regular contact with their representing Embassy and consult the travel advice issued by EU Member States as well as local resources.
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Over 210 foreigners arrive in Mongolia on chartered flight amid pandemic www.xinhuanet.com

A chartered flight carrying 216 foreigners from 15 countries arrived in Mongolia's capital here on Tuesday from South Korea amid the COVID-19 pandemic, the Mongolian Ministry of Foreign Affairs said Wednesday.
The passengers included foreign citizens married to Mongolian nationals, their children, staff of international organizations and diplomatic missions operating in Mongolia, their family members, and foreigners with a permanent residence permit in Mongolia, who will be quarantined at designated facilities for 21 days, Lkhanaajav Munkhtushig, director general of the consular department at the ministry, said at a press conference.
Mongolia entered its heightened state of readiness against the COVID-19 pandemic on Feb. 12, taking such measures as the suspension of international commercial passenger flights.
Since then, the Asian country has evacuated at least its 23,000 nationals from abroad with chartered flights and buses or trains, according to the country's State Emergency Commission.
As of Wednesday, Mongolia has reported a total of 313 COVID-19 cases, all imported ones, and has detected no local transmissions or related deaths so far. Enditem
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Pompeo to visit Japan, South Korea and Mongolia next week www.asia.nikkei.com

WASHINGTON (Reuters) -- U.S. Secretary of State Mike Pompeo will travel to Japan, Mongolia and South Korea next week, the State Department announced on Tuesday, a crucial visit to solidify ties with the regional allies at a time when Washington's relationship with China remains fraught.
The visit is scheduled to take place Oct. 4 to 8 and will be Pompeo's first time in East Asia since his trip to Thailand in July 2019. After flying to Japan, he will visit Mongolia on Oct. 6 and South Korea on Oct. 7 and 8, the State Department said.
As part of the trip on Oct. 6, Pompeo will participate in the second meeting of "Quad," a gathering of foreign ministers from India, Australia and Japan. The Quad engagement was revived in 2017 to deepen security cooperation and coordinate alternatives for regional infrastructure financing offered by China.
Ties between China and the United States are at the lowest point in decades, with the world's top two economies at loggerheads over issues ranging from China's handling of the coronavirus to trade rivalries, new national security legislation in Hong Kong and tensions in the South China Sea.
Pompeo's trip comes in the run-up to the November election, with President Donald Trump making a tough approach to China an important foreign policy platform as he seeks a second term in office.
A forceful and outspoken critic of China, Pompeo met Beijing's top diplomat, Yang Jiechi, at a U.S. military base in Hawaii in June, but little progress was made and the ties continued to deteriorate.
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No new cases of COVID-19 in Mongolia www.akipress.com

No new cases of coronavirus infection have been detected in Mongolia in the past 24 hours, the Ministry of Health reports.
Yesterday, 568 tests for COVID-19 were conducted, all the people tested negative.
At present 8 patients are being treated in hospital. Of them 6 have a mild form of disease, and 2 patients have a severe form of disease.
As of September 29, Mongolia's total coronavirus cases stands at 313, all imported.
305 people recovered, 8 remain in hospital.
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Onsite research for gas pipeline project to be conducted www.montsame.mn

Ulaanbaatar/MONTSAME/. On September 24, Mongolia’s Ambassador to the Russian Federation D. Davaa met with E.V. Burmistrova, Deputy Chairman of the Gazprom Management Committee and Director General of Gazprom Export, at the central office of Gazprom in Moscow, Russia. The meeting was attended by the Head of Department 512, Gazprom D.V.Handoga and officials of the Embassy.
Memorandum of Understanding between the Government of Mongolia and Gazprom of Russia was signed on December 5, 2019 in Sochi within the framework of the official visit of the Prime Minister of Mongolia U.Khurelsukh to Russia. In regard with it Ambassador D.Davaa and E.V.Burmistrova exchanged views on the actions being taken to forward works to study the possibility to construct gas pipeline from Russia to China through the territory of Mongolia and to conduct the preliminary feasibility study on construction of the gas pipeline.
Moreover, the parties agreed that the Mongolian Embassy would assist specialists of Gazprom and representatives of the Russian side in the joint working group to visit Mongolia to conduct required onsite research.
J. Bolor-Erdene
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Mongolia joins China to become seventh member of Asia-Pacific Trade Agreement www.scmp.com

Mongolia formally acceded to the Asia-Pacific Trade Agreement (APTA) on Tuesday, becoming the seventh member of the long-standing regional pact.
The APTA, previously known as the Bangkok Agreement, represents Mongolia’s first regional trade agreement with developing countries.
The agreement was founded in 1975 between Bangladesh, India, Laos, South Korea and Sri Lanka, with China joining in 2011.
It is an important milestone in the progress of APTA towards becoming a contemporary regional agreement
Armida Salsiah Alisjahbana
“This is the first expansion of APTA since China’s accession in 2001. It is an important milestone in the progress of APTA towards becoming a contemporary regional agreement,” said Armida Salsiah Alisjahbana, United Nations under secretary general and executive secretary of the Economic and Social Commission for Asia and the Pacific (ESCAP).
“Simple and smooth implementation of APTA trade preferences demonstrates its members’ commitment towards utilising trade for sustainable development.”
But while the accession is significant, it does not necessarily signal an instant entry for Mongolia into other trade deals, including the Regional Comprehensive Economic Partnership (RCEP), the world’s largest trade deal due to be signed by the end of the year.
RCEP comprises the 10-member Association of Southeast Asian Nations bloc, and five other countries it has free trade deals with, namely Japan, South Korea, New Zealand, Australia and China.
While existing bilateral free trade deals in the region provided the bedrock for RCEP, APTA is completely separate, trade lawyers and experts said.
But if Mongolia continues to deepen ties with other countries that are in both RCEP and APTA, such as China, its biggest trading partner, South Korea and Laos, these relationships may eventually carve out new inroads into the RCEP for Mongolia, experts added.
With its accession to the Asia-Pacific Trade Agreement, Mongolia believes that this will help the country to further expand its trade and economic cooperation with the member nations
Tumur Amarsanaa
Through APTA, however, Mongolia will benefit from reduced tariff barriers as well as enhanced market access to South, Southwest and Southeast Asia, as well as to China.
“With its accession to the Asia-Pacific Trade Agreement, Mongolia believes that this will help the country to further expand its trade and economic cooperation with the member nations, contribute to diversification of its economy as well as more active involvement in regional integration processes,” said Tumur Amarsanaa, Mongolia’s ambassador to Thailand.
APTA is currently engaged in the fifth round of negotiations to widen tariff preferences in trade in goods and expand areas of liberalisation in investment, services trade, and trade facilitation.
By:
Andrew Mullen
Andrew Mullen returned to the Post in 2018 as a Production Editor for the China Economy desk having earlier worked as a reporter on the Sport desk. He has previously worked for the Press Association, the BBC and sport marketing company Lagardere Sports in both Hong Kong and the United Kingdom.
Su-Lin Tan
Su-Lin Tan joined the Post in 2020 after the Australian Financial Review where she covered housing and commercial property, Asian business and street talk and investigations. She is a qualified accountant and worked in investment banking and funds management both in London and Sydney before becoming a journalist.
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Secretary Pompeo’s Travel to Japan, Mongolia, and the Republic of Korea www.state.gov

Secretary of State Michael R. Pompeo will travel to Tokyo, Japan; Ulaanbaatar, Mongolia; and Seoul, the Republic of Korea (ROK) October 4 to 8.
On October 6 in Tokyo, Secretary Pompeo will participate in the second meeting of the Quad Foreign Ministers of Australia, India, and Japan. He will also have meetings with his Japanese counterparts to discuss issues of mutual concern.
Secretary Pompeo will also visit Ulaanbaatar October 7, and Seoul October 7-8 for meetings with senior officials.
The Secretary will return to Washington D.C. on October 8.
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Opening Remarks At The Ceremony For Mongolia’s Accession To The Asia-Pacific Trade Agreement (Delivered by Armida Salsiah Alisjahbana) www.unescap.org

Excellency Mr. Tumur Amarsanaa, Ambassador of Mongolia to the Kingdom of Thailand,
Representatives from APTA member Countries.
Ladies and gentlemen,
A very warm welcome to this ceremony for Mongolia’s accession to the Asia-Pacific Trade Agreement (APTA). I would like to congratulate on Mongolia’s accession to APTA.
By depositing the instrument of accession today, Mongolia becomes the seventh member of the APTA. I would like congratulate Mongolia and other Participating States on completing all necessary processes to finalize accession of Mongolia to APTA after being engaged in negotiation and ratification processes.
This is the first expansion of APTA after the accession of China back in 2001. It is an important milestone in the progress of APTA towards becoming a contemporary regional agreement.
The accession of Mongolia to APTA will benefit business sector of APTA Participating States through facilitating trade and access to Mongolian market, and certainly vice versa.
The APTA is a preferential regional trade agreement established in 1975 and open for accession by any member countries of ESCAP. The current Participating States are Bangladesh, China, India, Lao People’s Democratic Republic, Republic of Korea Sri Lanka and now Mongolia. APTA aims to promote the economic development of its members through the adoption of mutually beneficial trade liberalization measures that contribute to regional trade expansion and economic cooperation. Currently, traders in APTA countries can enjoy preferential tariffs on over 10,000 tariff lines.
Currently, APTA is under its 5th round negotiation to widen tariff preferences in trade in goods and expand areas of liberalisation in investment, trade and services and trade facilitation. APTA is still the only trade agreement connecting the big economies of our region and several APTA participating states. So, it could provide a great market access to developing countries as well as contributing to economic development and regional cooperation through its membership expansion.
With regard to trade facilitation, I would like to also inform all of you that two APTA participating countries - Bangladesh and China - already completed their domestic ratification processes for becoming parties to the Framework Agreement on Facilitation of Cross-border Paperless Trade in Asia and the Pacific. As well as 3 other countries have already acceded or ratified the Framework Agreement, so we expect that the paperless trade agreement may enter into force early next year.
As the Framework Agreement on paperless trade is consistent with APTA’s own framework agreement on trade facilitation - and also since all APTA members have actively participated in the development of the paperless trade facilitation treaty, early accession by other APTA Participating States could help the group accelerate and set implementation priorities for trade digitalization both among themselves and the rest of the region. Therefore, it can facilitate and help to make trade more resilient and ensuring recovery from this pandemic.
Therefore, I would like to encourage Mongolia and other Participating States of APTA to accelerate their accession to the Framework Agreement on Facilitation of Cross-border Paperless Trade. I would like to take this opportunity to thank Republic of Korea for driving this initiative and providing support necessary for the development of the paperless trade facilitation treaty since the beginning.
As secretariat, ESCAP will continue its support for the smooth implementation of APTA in Mongolia. In this conjunction we already planned a workshop in mid-October to help Mongolian stakeholders better understand and how to benefit and take advantage of the trade preferences under the agreement. The capacity building workshop is kindly supported by the Government of Republic of Korea as well as other support from APTA participating states.
I would like to extend our sincerest appreciation to all participating states of APTA for their presence today, for all their support to congratulate Mongolia.
Thank you very much
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