1 GOLD AND COPPER PRICES SURGE WWW.UBPOST.MN PUBLISHED:2025/04/02      2 REGISTRATION FOR THE ULAANBAATAR MARATHON 2025 IS NOW OPEN WWW.MONTSAME.MN PUBLISHED:2025/04/02      3 WHY DONALD TRUMP SHOULD MEET KIM JONG- UN AGAIN – IN MONGOLIA WWW.LOWYINSTITUTE.ORG  PUBLISHED:2025/04/02      4 BANK OF MONGOLIA PURCHASES 281.8 KILOGRAMS OF PRECIOUS METALS IN MARCH WWW.MONTSAME.MN PUBLISHED:2025/04/02      5 P. NARANBAYAR: 88,000 MORE CHILDREN WILL NEED SCHOOLS AND KINDERGARTENS BY 2030 WWW.GOGO.MN PUBLISHED:2025/04/02      6 B. JAVKHLAN: MONGOLIA'S FOREIGN EXCHANGE RESERVES REACH USD 5 BILLION WWW.GOGO.MN PUBLISHED:2025/04/02      7 185 CASES OF MEASLES REGISTERED IN MONGOLIA WWW.AKIPRESS.COM PUBLISHED:2025/04/02      8 MONGOLIAN JUDGE ELECTED PRESIDENT OF THE APPEALS CHAMBER OF THE ICC WWW.MONTSAME.MN PUBLISHED:2025/04/01      9 HIGH-PERFORMANCE SUPERCOMPUTING CENTER TO BE ESTABLISHED IN PHASES WWW.MONTSAME.MN PUBLISHED:2025/04/01      10 LEGAL INCONSISTENCIES DISRUPT COAL TRADING ON EXCHANGE WWW.UBPOST.MN PUBLISHED:2025/04/01      УСТСАНД ТООЦОГДОЖ БАЙСАН УЛААНБУРХАН ӨВЧИН ЯАГААД ЭРГЭН ТАРХАХ БОЛОВ? WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     САНГИЙН ЯАМ: ДОТООД ҮНЭТ ЦААСНЫ АРИЛЖАА IV/16-НААС МХБ-ЭЭР НЭЭЛТТЭЙ ЯВАГДАНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     МОНГОЛБАНКНЫ ҮНЭТ МЕТАЛЛ ХУДАЛДАН АВАЛТ ӨМНӨХ САРААС 56 ХУВИАР, ӨМНӨХ ОНЫ МӨН ҮЕЭС 35.1 ХУВИАР БУУРАВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     Б.ЖАВХЛАН: ГАДААД ВАЛЮТЫН НӨӨЦ ТАВАН ТЭРБУМ ДОЛЛАРТ ХҮРСЭН WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/02     1072 ХУВЬЦААНЫ НОГДОЛ АШИГ 93 500 ТӨГРӨГИЙГ ЭНЭ САРД ОЛГОНО WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/02     Н.УЧРАЛ: Х.БАТТУЛГА ТАНД АСУУДЛАА ШИЙДЭХ 7 ХОНОГИЙН ХУГАЦАА ӨГЧ БАЙНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/04/02     “XANADU MINES” КОМПАНИ "ХАРМАГТАЙ" ТӨСЛИЙН ҮЙЛ АЖИЛЛАГААНЫ УДИРДЛАГЫГ “ZIJIN MINING”-Д ШИЛЖҮҮЛЭЭД БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     ТӨМӨР ЗАМЫН БАРИЛГЫН АЖЛЫГ ЭНЭ САРЫН СҮҮЛЭЭР ЭХЛҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/02     “STEPPE GOLD”-ИЙН ХУВЬЦААНЫ ХАНШ 4 ХУВИАР ӨСЛӨӨ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     ҮЙЛДВЭРЛЭЛИЙН ОСОЛ ӨНГӨРСӨН ОНД ХОЁР ДАХИН НЭМЭГДЖЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2025/04/01    

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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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Japan to help Mongolia with $236M loan www.thefinancialdistrict.com.ph

Japan will extend 25 billion yen ($236 million) in emergency loans to Mongolia to assist its efforts to revitalize the economy hard hit by the novel coronavirus pandemic, Foreign Minister Toshimitsu Motegi said Friday after talks with his Mongolian counterpart Nyamtseren Enkhtaivan, Kyodo News reported.
Speaking in an online press conference after the meeting in Ulaanbaatar, Motegi said the two ministers also agreed to step up coordination in resolving the issue of North Korea's abductions of Japanese nationals in the 1970s and 1980s.
"I hope to further develop the bilateral strategic partnership" with Mongolia, which shares universal values such as the rule of law and democracy with Japan, Motegi said.
Japan has often looked to Mongolia, a country that has close ties with North Korea, to act as a mediator in addressing the abduction issue.
In a separate meeting with Mongolian Prime Minister Ukhnaa Khurelsukh, Motegi said the two sides agreed to promote work toward the early opening of a new international airport in the Mongolian capital, a project financed by Japan's loans.
The opening of the airport has been delayed due to the pandemic.
"The airport is a new symbol of bilateral cooperation and will enhance connectivity in the region," Motegi said, who is on a two-day trip to Mongolia through Saturday.
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Japan agrees with Mongolia toward boosting investment www.mainichi.jp

TOKYO (Kyodo) -- Japan agreed Saturday with Mongolia to continue close cooperation toward boosting its investment in the landlocked country wedged between China and Russia.
It was confirmed during a meeting in Ulaanbaatar between Foreign Minister Toshimitsu Motegi and Mongolian President Khaltmaa Battulga, who explained about the country's exploration of mineral resources and construction of railway infrastructure, according to Japan's Foreign Ministry.
Motegi asked the president for his cooperation toward the smooth opening of a new international airport in the Mongolian capital, a project financed by Japan's loans. The opening of the airport has been delayed due to the coronavirus pandemic.
The meeting took place a day after Motegi held talks with his Mongolian counterpart Nyamtseren Enkhtaivan, as well as Mongolian Prime Minister Ukhnaa Khurelsukh.
On Friday, Motegi said Japan will extend 25 billion yen ($236 million) in emergency loans to Mongolia to assist its efforts to revitalize the economy battered by the pandemic.
Mongolia, which shares the longest land border with China, is rich in natural resources and has transitioned into a market economy since the 1990s after the fall of the Soviet Union.
Japan views Mongolia as becoming more strategically important, not only economically but also in geopolitical terms.
During the multiple meetings, Motegi also reaffirmed cooperation with Mongolia in resolving the issue of North Korea's abductions of Japanese nationals in the 1970s and 1980s, according to the ministry.
Japan has often looked to Mongolia, a country that maintains close ties with North Korea, to act as a mediator in dealing with the abduction issue.
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Russian railroad specialists working on UBTZ main line upgrade www.montsame.mn

Ulaanbaatar /MONTSAME/ Over 20 railroad specialists from Eastern Siberian Railway of the Russian Federation have arrived in Mongolia, bringing over 100 machines and tools of their own, to help upgrade the 18 km railroad between Shargyn Ovoo junction and Zamyn-Uud station.
Ulaanbaatar Railway (UBTZ) joint venture company is putting special emphasis on enhancing the transport capacity of its main line as the railroad transport volume has been increasing. Starting October 8, the Russian specialists are working as the main line upgrade project’s subcontractor. The equipment operators will work here until the end of this month.
The involvement of the Russian railroad workers with its machinery in the project allows UBTZ to use its equipment in the construction of Zuunbayan-Tavantolgoi railroad and the extension of Darkhan, Chuluut, Bayan and other stations and junctions.
Following their arrival in the country, the specialists from Russia were quarantined for monitoring as part of the COVID-19 preventive measures.
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Mongolia to have air rescue unit www.montsame.mn

Ulaanbaatar/MONTSAME/. Over the past four years, more than MNT 200 billion was invested in upgrading the equipment of the country’s emergency service and improving its capacity. It is intended to spend another MNT50 billion in the next two years, said the Deputy Prime Minister Ya. Sodbaatar.
“Within the framework to ensure social and environmental safety, there is an urgent need to improve operations of emergency service. It has been clearly stated in the four-year government action plan," emphasized the Deputy Prime Minister.
Moreover, Mr. Sodbaatar informed, “Yesterday, we received 40 fire and emergency vehicles within the export loan between the governments of Mongolia and Belarus. In addition, we will receive three helicopters from France later this year as part of the non-refundable assistance and grants. By doing so, Mongolia will have an air rescue unit that had not been in the country in the past 30 years.”
Last year, the government resolved to establish an air search and rescue unit under the National Emergency Management Agency based on the Buyant Ukhaa International Airport.
The MAZ fire trucks, which were delivered to the Emergency services from Belarus yesterday, are two types can be used for rescue operations in traffic accidents and other disasters, not only for firefighting.
J. Bolor-Erdene
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Kyrgyzstan political turmoil and mining jurisdiction risks www.mining.com

Mining — more than most industries — relies heavily on infrastructure and institutions at locations where operations are based.
The ongoing political chaos in Kyrgyzstan, which saw thousands take to the streets in protest of the nation’s parliamentary elections that kept President Sooronbai Jeenbekov in power, underscores the type of risks posed to those invested in the regions and highlights the importance of mining jurisdictions.
This is Kyrgyzstan’s third political revolt since 2005, so the political risk in such jurisdiction would likely remain when or if the current situation is resolved.
Attack on Kyrgyz mining
Antagonism against mining operations is often a reflection of weakness in a country’s institutions, says Camilla Ogunbiyi, principal analyst, Financial Sector Risk and Forecasting at Verisk Maplecroft.
As seen in the aftermath of the Kyrgyz election, the government’s status was quickly undermined with the annulment of election results and state of emergency declared. The fragility in governance also endangers the safety of foreign investors’ assets, as it aggravates public concerns surrounding pollution, corruption and resource nationalism, Ogunbiyi asserts.
In Kyrgyzstan, the political upheaval also became an opportunity for the ill-disposed to direct their anger towards local mining operators, attacking several sites over the past few days. This included an attack on the office of Centerra Gold (TSX: CG), owner of the Kumtor mine, the nation’s largest gold operation.
The Kumtor gold mine, meanwhile, exemplifies the risk of resource nationalism. The country’s largest gold mine, largest employer and taxpayer, accounting for up to 7% of GDP, has been the subject to both renegotiations and protracted legal battles, Ogunbiyi says.
As Kyrgyzstan’s largest employer and taxpayer, accounting for up to 10% of its GDP in 2019, the Kumtor mine has been the subject of protracted legal battles and exemplifies the risk of resource nationalism concerns faced by mine operators.
In the same week, Kaz Minerals also suspended operations at the Bozymchak copper and gold mine due to the Kyrgyz political turmoil.
According to Verisk Maplecroft, the Central Asian nation currently ranks as the 54th riskiest of 198 countries scored in its Corruption Index.
Without a clear break with political practices and leaders of the past, corruption is likely to remain a driver of anti-government sentiment and weak governance, the firm says.
Violence in Africa
When it comes to notoriously high-risk jurisdictions for miners, the Democratic Republic of Congo often comes to mind.
In June, a violent attack on Société Minière de Bisunzu’s (SMB) coltan mine claimed three amid an increase of attacks on mining operations in the country’s mineral-rich eastern region.
This was just one of many violent occurrences this year in what is one of the world’s top sources for cobalt, tin and tantalum.
The political meltdown provides Kyrgyzstan an opportunity to start anew and establish stronger, less corrupt political and governance institutions, which would enable foreign investment and economic development, Ogunbiyi asserts.
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China ramps up digital currency pilot testing with transactions topping 1.1 billion yuan www.rt.com

The People’s Bank of China (PBOC) said that 3.13 million transactions have been processed using the nation’s sovereign digital currency as part of a series of ongoing pilot programs in major cities such as Shenzhen and Xiongan.
According to the bank’s deputy governor, Fan Yifei, the currency has been used for more than 1.1 billion yuan ($162 million) worth of transactions. Pilots will also be conducted at the Beijing Winter Olympics in 2022, he said.
The pilot programs have made “positive progress,” with more than 6,700 use cases implemented as of late August for transactions ranging from bill payments and transport to government services.
“PBOC regards digital renminbi as an important financial infrastructure for the future,” Fan said, as quoted by the South China Morning Post.
The e-yuan is being used for multiple payment methods, including barcodes, facial recognition, and tap-and-go transactions, he explained. More than 113,300 personal digital wallets and about 8,800 corporate digital wallets have been opened as part of the pilot program.
In May, PBOC revealed plans to have its sovereign digital currency ready in time for the next Winter Olympics. It said that the new currency, which doesn’t have an official name but is known by its internal shorthand DCEP – or Digital Currency Electronic Payment – will share some features with cryptocurrencies such as Bitcoin and Facebook’s Libra. The currency is projected to replace cash in circulation.
DCEP has been introduced across four major cities: Shenzhen, Suzhou, Chengdu, and the Xiongan New Area in the northern province of Hebei. The government has already started paying civil servants in the district of Xiangcheng in Suzhou half of their transport subsidy in the digital currency as part of that city’s test run.
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Mongolia to issue visas to foreign nationals with urgent business www.montsame.mn

Ulaanbaatar /MONTSAME/. In aims of reducing the negative impact of the COVID-19 pandemic on the socio-economic situation and providing support for government organizations, NGOs, and entities, the decision has been made to issue short-term official and business visas for foreign nationals that have urgent business in Mongolia.
The visas will begin to be issued from today on October 8, and foreign nationals will be required to follow the regulations of heightened state of readiness according to the decision made by the Government of Mongolia and the State Emergency Commission, reported the Consular Department of the Ministry of Foreign Affairs.
More specifically:
- The foreign nationals will be put into 21-day mandatory isolation at isolation facilities, with the corresponding expenses covered by the organization, entity, or citizen,
- Business /B/ visas may once be extended by 30 days at the Mongolia Immigration Agency, while Diplomat /D/, and Official /A/ visas may once be extended by 30 days at the Consular Department of the Ministry of Foreign Affairs, allowing the foreign national to stay in Mongolia for up to 60 days,
- The foreign national must be tested for COVID-19 (PCR test), and have a negative test result.
To have the aforementioned visas issued, the inviting entity must make a request to the Consular Department of the Ministry of Foreign Affairs as according to the Visa Regulation of Mongolia.
According to the decision made by the Government of Mongolia and the State Emergency Commission, the diplomatic missions of Mongolia had temporarily stopped issuing all types of short-term visas to foreign nationals from January 27 as a precautionary measure against the COVID-19 pandemic.
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First batch of Belarusian fire trucks handed over to Mongolia www.eng.belta.by

MINSK, 8 October (BelTA) –Belarus has handed over the first batch of firefighting, emergency response, and rescue vehicles based on MAZ chassis to Mongolia. The ceremony took place in Ulaanbaatar. Ambassador Extraordinary and Plenipotentiary of Belarus to Mongolia Stanislav Chepurnoi took part in it, the Belarusian Ministry of Foreign Affairs press service told BelTA.
The Belarusian vehicles were handed over to the National Emergency Management Agency of Mongolia. They represent the first batch of vehicles that have been delivered to the country as part of a bilateral intergovernmental agreement.
At the ceremony the Belarusian ambassador spoke highly of Belarus-Mongolia cooperation and mentioned that more joint projects relying on export loans might be implemented in the future. He underlined the particular importance of successfully implementing the first project for supplying Mongolia with Belarusian firefighting vehicles.
Deputy Prime Minister of Mongolia Yangugiin Sodbaatar also took part in the ceremony. He and the ambassador discussed the practical implementation of the project meant to renew the vehicle fleet of the National Emergency Management Agency of Mongolia.
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126-km paved road commissioned, connecting Gobi-Altai to Bayankhongor aimag www.montsame.mn

Ulaanbaatar /MONTSAME/. A new 126.7 km-long auto road connecting Altai city of Gobi-Altai aimag with Bayankhongor city of Bayankhongor aimag has been commissioned with an opening ceremony held today, October 8. Prime Minister of Mongolia U.Khurelsukh took part in the ceremony and delivered an address.
He said “Over the past four years between 2016 and 2020, 95 soums of 17 aimags and 5 checkpoints have been connected to the capital city of Ulaanbaatar with paved roads within the framework of the government’s action plan. All 21 aimags of Mongolia now have been connected Ulaanbaatar city with paved roads as a result of today’s launch of this 126.7 km long road from Bayankhongor to Altai, completing the construction of horizontal segment of the Millennium Road highway road network project, which began two decades ago.”
The new road with number A0303, which will definitely bring various social and economic benefits and provide safety and comfort for road users, was built under Build-Transfer concession contract with domestic company Max Road LLC under supervision and counseling of Avarga Road LLC in less than a year, underlined the Prime Minister expressing gratitude for all companies and their engineering employees who participated in the road construction on behalf of the Government of Mongolia.
The construction of the Bayankhongor-Altai road was launched by ‘Energy Construction Trust’ company in line with the government resolution of 2015 in the scope of the public-private partnership. However, the construction was suspended due to certain reasons, to fully resume in 2019 by the Max Road company. A total of 800 workers, 400 machineries and equipment and 11 factories were engaged in the construction that lasted for 11 months.
The new paved road now allows the western aimags of the country, Gobi-Altai, Khovd and Bayan-Ulgii to easy reach to Ulaanbaatar city, contributing hugely to the social and economic growth of Mongolia. For instance, fuel consumption of vehicles travelling to the western region will be saved by up to 30-40 percent while the time spending will be reduced twice.
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EEC considering free trade zone with Mongolia www.news.mn

The Eurasian Economic Commission (EEC) is exploring a possibility to establish a free trade zones with Mongolia and Indonesia, Iya Malkina, Aide to the Chairman of the Board of the Eurasian Economic Commission, said at a briefing.
According to Iya Malkina, the decision to embark on negotiations on the free trade zones with these two states has not been made yet. “The feasibility of free trade agreements with Mongolia and Indonesia will be carefully studied by joint research groups that have already been established and started working,” she said.
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