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

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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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Israeli Archaeologists Shed New Light on Great Wall of Mongolia www.ebrd.com

The Great Wall of China is one of the most prominent mysteries on the face of the planet. We can see it from outer space, yet surprisingly little is known about much of it. What purpose did the Great Wall of China really serve, whose purpose did it serve, and when did it serve said purpose?

In fact, the so-called great wall is a series of ancient high walls uncomfortably grouped under the soubriquet “Great Wall of China” in today’s China and Mongolia, and a bit in Russia and North Korea too. The earliest one dates to 2,500 years ago and the latest was erected in the 17th century. Their purpose has been assumed to have been defensive.

Now, an unusual collaboration of Israeli, Mongolian and American archaeologists propose that at least one of these great walls – dubbed the “Genghis Khan Wall” and stretching almost 750 kilometers (466 miles) from Mongolia to China – doesn’t have the hallmarks of a military installation. Nor does it separate between ecological regions, as had been suggested by some: the ecology on both sides is much the same.

The collaboration reported on surveying the “understudied” stretch in Mongolia, erected during the medieval period, and the discovery of clues to its functions, in the journal of Antiquity.

Genghis Khan and the great walls

In total, the “great walls” built over more than 2,000 years stretch 21,196 kilometers, according to the China Highlights website, which qualifies that the calculation is downside because it doesn’t count sections built on older ones, or isolated sections. Some segments were later connected.

The new report relates to the 737 kilometer-long structure in Mongolia dubbed the “Genghis Khan Wall,” though it seems Genghis Khan (aka Chinggis Khaan) or fear of him had nothing to do with its construction.

Let us describe it first: The Great Wall of Mongolia is the northernmost of the great walls and, like most of the rest, it stretches east-west. About half of it is in Mongolia; it continues into China, passes through Russia (southeast Siberia) and ends back in China. There has been some archaeological investigation of this wall by Mongolian, Chinese and Russian archaeologists.

At the beginning of the 20th century, the eminent Chinese historian Wang Guowei suggested that after the rise of the fierce nomad chief Genghis Khan in the 13th century, the terrified Jin dynasty built the walls to stop him. Not that it worked, and ultimately one of Khan’s horde of grandchildren would conquer all of China. However, the consensus now and the opinion of the team is that the Mongolian wall predated the Mongol horde by a century or two.

The argument then turned to whether the Mongolian wall was built by the Khitan-Liao dynasty (907-1125) or the Jin dynasty (1115–1234). For all the vast labor that went into their construction, no dynasty whatsoever left behind records of building it, let alone why.

Yet it is now widely agreed that it dates to the Liao period. Their new surveys and analysis support that thesis, the team writes.

Asked if the Great Wall of Mongolia might have been erected in stages by both the Liao and Jin dynasties, Shelach-Lavi says evidently not: it seems to have been built during one period, though research continues.

“It’s very systematic, with a fort every 30 kilometers. It’s all very consistent,” he tells Haaretz. “It definitely looks like one monument, and was built fast. Historic documents on the Liao show they could recruit a big workforce. The historic records show, for example, that they could enlist 200,000 people to construct roads or other projects. Maybe building the wall took a few years, but that’s all.”

It wasn’t made of stone, he elaborates: there were none in that area. It was fashioned from pounded earth covered with plaster, which sounds vulnerable to the archaeologically uninitiated. But actually a structure made of robustly pounded earth structure can survive thousands of years of weathering, Shelach-Lavi explains. Though indeed the Mongolian wall has eroded to a maximal height of about a meter today compared with an estimated theoretical historic height of 2 or 3 meters, he says.

A Chinese tradition

The earliest of the great walls is the 600-kilometer Great Wall of Qi, which had been postulated to date to the seventh century B.C.E., but is now believed to have been erected in the fifth century B.C.E. That was made of stone, and much of it still stands. It stretches from the present-day city Jinan to Qingdao. Many more great walls would be built after it, mostly in China and some in eastern Mongolia, with bits in the territory of southern Siberia and North Korea.

The Mongolian wall wasn’t erected by a Chinese dynasty: neither the Jian nor the Liao were Chinese dynasties but were polities of nomadic people related to the Mongols, called the Khitan people. The Khitan had their own language, which was related to Mongolian, and their own writing. The dynasties controlled northern china and much of what is now Mongolia, and adopted certain characteristics of their southern Chinese neighbors but maintained their nomadic identity, Shelach-Lavi says.

“The Khitan established five capital cities and their ruler would travel between them by season, roaming with the migration of the people,” he says. “These ‘cities’ were walls within which they put up tents.”

In other words, classical thinking that the Great Wall of Mongolia had been erected to protect hapless Chinese farmers from nomadic marauders from the steppes is likely off, the team suggests. It was apparently built because of issues between the nomadic, pastoralist peoples in the steppe, though it followed a tradition dating back centuries of building great walls in China.

To be sure, the Great Wall of Qi was a border wall; so was the latest wall, built by the Ming dynasty from the 15th to 17th century, which was intended to stop armies, and did, Shelach-Lavi says.

“The Liao knew the tradition and certainly were influenced by it, but even if the construction itself was influenced by the Chinese, it was located 800 kilometers north and westward of the traditional walls,” he says.

Which leads to a key argument over why the Mongolian wall was built.

It did sport square fort-like structures every 30 kilometers. But the sparse archaeological evidence found on the ground indicating sparse occupation, and the fact that much of the wall runs along low-lying land rather than the commanding heights of mountains, argues against a purely defensive role against invading enemies. So what was it for?

Flint tools and no coins

The new study relies on surveying by satellite and drones, and boots on the ground, focusing on a section of the northern wall in Dornod Province, northeastern Mongolia. The results of two excavation seasons suggest that the region was occupied in two periods: the prehistoric, attested by stone flint tools; and the medieval period when the wall was built.

The stone tools predate the wall by thousands of years and have nothing to do with it. Then there are meager remains, including pottery fragments, from the construction period. “There was nothing else, no cities or settlements that left archaeological remains, other than these two periods,” Shelach-Lavi says. “That shows the wall was established in a very sparsely occupied place.”

They found no coins, but not for lack of trying. Asked what they deduce from that, Shelach-Lavi answers, “Only that we didn’t find any.” Some excavation within the wall and structures didn’t produce any coins either, though coinage was in circulation during the Liao and Jin dynasties. Maybe some will be found in future digs there.

Holistically, the team claims the Great wall of Mongolia wasn’t built for defensive purposes per se, but to control mass migration of peoples. The nomadic peoples of the steppes were vulnerable to climatic conditions from drought to freeze, and would move en masse when necessary.

“Our thinking is that the wall was meant to control mass migrations of refugees,” Shelach-Lavi sums up. People could only cross the great wall through the structures every 30 kilometers, in a controlled manner in which they might have been taxed in exchange for passage, he suggests.

At the postulated crossing points, the archaeologists also found ruined circular wall structures that they think may have been pens for animals, which could have served for taxation purposes.

In future work, the team plans to test ground samples for animal remains, in labs in Israel and in Cambridge, England. It’s hard to say when. For the moment, the archaeological investigation of the Great Wall of Mongolia bogged down because of the coronavirus.

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Mongolia reports no new COVID-19 cases, 10 recoveries www.xinhuanet.com

June 15 (Xinhua) -- Mongolia conducted 258 tests for COVID-19 in the last 24 hours and the results were all negative, the country's National Center for Communicable Disease (NCCD) said Monday.

Meanwhile, 10 more patients have recovered from COVID-19, taking the total to 108, the NCCD's head Dulmaa Nyamkhuu said at a daily press conference.

As of Monday morning, Mongolia confirmed 197 COVID-19 cases, including five foreigners. All the cases were imported.

No local transmissions or deaths have been reported in Mongolia so far.

On March 10, a French national tested positive for the coronavirus, becoming the first confirmed COVID-19 case in Mongolia.

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Petro Matad books annual loss on Mongolia well costs www.stockmarketwire.com

Mongolia-focused oil company Petro Matad booked a full-year loss, owing to exploration and staff expenses.

Pre-tax losses for the year through December amounted to $16.8m, compared to losses of $18.4m on-year.

The company said three wells in Block XX -- Heron-1 and Gazelle-1 in the northern part of the block and Red Deer-1 in the southern area -- were completed within the 2019 drilling season and within budget.

All three found oil shows, with Heron-1 declared a discovery after recording one of the highest flow rates recorded in Mongolia with 821 barrels of oil per day produced during drill stem testing.

Gazelle-1 found two thin oil pay zones, however, due to the onset of winter weather the well was suspended as a potential oil discovery without being tested and so will be fully evaluated in the future.

Red Deer-1 was plugged and abandoned with no oil pay zones detected.

'The impact of the Covid-19 pandemic on Petro Matad's activities has been limited as government ministries have been open and functioning as normal throughout,' the company said.

'The company is liaising with the authorities and taking all precautions to ensure the safety of its staff and contractors.'

At 9:30am: [LON:MATD] Petro Matad Ltd share price was +0.1p at 3.95p

Story provided by StockMarketWire.com

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Elixir Energy to develop SSLNG facility in Mongolia www.nsenergybusiness.com

Australian oil and gas company, Elixir Energy has signed a non-binding Memorandum of Understanding (MOU) with Mongolia’s fuel retailer, MT Group to develop a small scale LNG (SSLNG) facility in Mongolia.

Both the companies will seek to develop the SSLNG facility that will be supplied by the local coal bed methane.

The LNG facility will be used to deliver fuel to the South Gobi region’s large coal trucking fleet.

Elixir Energy said that the SSLNG facilities are now commonplace just to the South of Mongolia in China.

Elixir managing director Neil Young said: “Supplying gas to a SSLNG plant in the South Gobi region is a great initial offtake project for our company to investigate.

“There is a clear existing market in terms of the very large local coal trucking fleet which could operate on clean gas rather than diesel. We are very pleased to be working with a company of MT Group’s calibre in pursuing this project.”

Elixir owns Nomgon IX CBM PSC in the South of Mongolia
According to the company, the South Gobi hosts a large trucking fleet that currently burns diesel and which could economically be replaced by cleaner and cheaper gas fuelled vehicles.

The Tavan Tolgoi mine, which is located inside Elixir’s production sharing contract (PSC), trucks approximately 15 million tonnes of coal to China annually while using thousands of trucks.

Elixir Energy said: “Given Elixir’s milestone event of making Mongolia’s first gas discovery earlier this year, the Company concluded it is now timely to pursue the investigation of this first offtake option. Initial modelling indicates that a SSLNG in this location should be highly profitable.

“Possible funding sources for this type of project in Mongolia could include the various international financing institutions (IFIs) present in the country and with whom Elixir has an ongoing relationship.”

Elixir is a gas exploration company focused on the 100% owned Nomgon IX coal-bed methane (CBM) PSC located in the South of Mongolia, close to the Chinese border.

Executed in September 2018, the 30,000 km2 PSC has a more than 10 year exploration period.

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Gold and iron ore are doing equally well. Their miners are not www.reuters.com

(The opinions expressed here are those of the author, Clyde Russell, a columnist for Reuters.)

Gold and iron ore are the standout commodities so far this year, but the performance of their respective miners are far more divergent – and weighted in favour of the precious metal.

Spot gold closed at $1,729.67 an ounce on June 12, up 14% since the end of last year. Meanwhile benchmark 62% iron ore for delivery to China MT-IO-QIN62=ARG, as assessed by commodity price reporting agency Argus, was at $104.45 a tonne, a gain of 14.6%.

If the year-to-date performances are very similar, the underlying drivers of iron ore and gold are quite different.

The steel-making ingredient is benefiting from China’s economic stimulus push as it recovers from the novel coronavirus, coupled with number two exporter Brazil’s struggles with the same disease.

While there is also a coronavirus element to gold’s rise, what investors are buying into is the belief that the weak global economy and expected extended recovery period mean low interest rates and heightened volatility of other asset classes.

Given that iron ore has rallied to a 10-month high and has both bullish stories for both demand and supply, it’s perhaps surprising that the top miners are generally not sharing the good news.

Shares in Rio Tinto, which derives the bulk of its profits from its iron ore mines in the state of Western Australia, are down 3.7% so far this year in Australian dollars and 4.8% in U.S. dollar terms.

Stock in BHP Group, Australia’s second-biggest iron ore producer behind Rio, is down 9.6% in U.S. dollars, with some its underperformance versus Rio likely being explained by the company’s greater exposure to crude oil and natural gas.

But both Rio and BHP will be huge cash generators with iron ore at its current price, given their cost to produce a tonne of iron ore is around $14-$15.

Australia’s third-ranked iron ore miner, Fortescue Metals Group, is easily outperforming Rio and BHP, its shares gaining 33% year-to-date in U.S. dollar terms. That’s a reflection of the fact that it is a pure iron ore play and also tends to pay out a higher proportion of earnings as dividends to shareholders.

Brazil’s Vale is the laggard, its stock sliding 20% in U.S. dollar terms so far this year. Unlike its Australian competitors, Vale is struggling with mine closures and a potentially worsening situation as Brazil’s cases of coronavirus continue to rise.

Gold miners outperform
While the high iron ore price isn’t reflected in the share price of the miners, Fortescue excepted, gold miners have been performing quite well for the main part.

Canada’s Barrick Gold has seen its stock price jump 29.8% in U.S. dollars so far this year, while Newmont has gained 27.6%.

Outside North America, AngloGold Ashanti is up 35.1% while fellow South African producer Gold Fields has gained 13.4%, both in U.S. dollar terms.

But top Australian producer Newcrest is down 4.1% in U.S. dollar terms year-to-date: the company had concerns, now resolved, over water supply at its Cadia mine in New South Wales state.

Overall there does appear to be a clear trend, with gold producers generally outperforming while iron ore miners haven’t gained as much as the commodity they produce, Fortescue being the outlier.

While there are many elements that go into assessing the value of a company – such as dividend policy, debt levels and regulatory risks – it does appear that iron ore’s story isn’t as compelling as the narrative for gold.

There may also be regional and investor bias at play, with the major gold companies more exposed to retail investors in the United States, while the iron ore miners are more heavily held by institutional investors.

Disclosure: At the time of publication, Clyde Russell was an investor in Rio Tinto and BHP Group as an investor in a fund.

(Editing by Kenneth Maxwell)

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Deputy Prime Minister visits Oyu Tolgoi www.montsame.mn

On June 14, Deputy Prime Minister U.Enkhtuvshin got acquainted with the Oyu Tolgoi project along with representatives of the Ministry of Road and Transport Development and the Ministry of Mining and Heavy Industry.

Eighty percent of the Oyu Tolgoi deposit's total reserves lie deep underground. As of today, the construction of the underground mine is at over 60 percent and is planned to be commissioned in 2023. Currently, the underground mine is under lateral development phase, excavating 1,800 meters per day. A primary stone crushing section is also under construction at the depth of the mine and is 80 percent complete. Construction of the underground mine is likely to be delayed to some extent due to the inability of foreign experts to visit the country after the border-closure in prevention of the COVID-19 pandemic. Deputy Prime Minister U.Enkhtuvshin said that the State Emergency Commission would pay attention to resolving this issue.

In the first quarter of 2020, the Oyu Tolgoi deposit extracted a total of 35.2 thousand tons of copper and 26.2 thousand ounces of gold which means the amount of extracted copper and gold fell by 23 percent and 78 percent respectively. It was mainly due to a decrease in the copper content of the concentrate extracted from the open pit, reported CEO of Erdenes Oyu Tolgoi Ts.Tumentsogt.

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Prime Minister U. Khurelsukh checks railway construction progress www.montsame.mn

Dornogobi/MONTSAME/. On June 13, Prime Minister U.Khurelsukh checked the progress in the construction works of 414.6 km railway connecting Tavantolgoi mine in Tsogttsetsii soum of Umnugobi aimag with the Zuunbayan Station in Dornogobi aimag.

The construction works are engaging personnel of the military units of the Mongolian Armed Forces and ‘Ulaanbaatar Railways’ (UBTZ) Mongolian-Russian Joint Venture.

“The earthworks of the railway construction that initially began on May 23, 2019 are now running at 87 percent while the railway dam construction is at 50 percent. It is expected to complete the earthworks by July 1 this year. Railway workers have built 50km rail tracks and completed 200 km dam construction,” said R.Batsukh, chairman of Mongolian Railway state-owned shareholding company.

Prime Minister U.Khurelsukh said, “The railway is a lifeblood of the country's prosperity. We must connect our country by road and rail. Mongolians can build railways themselves. Putting a Zuunbayan-Tavantolgoi railway network into operation will bring enormous economic benefits. In addition, besides Tavan Tolgoi's coal, it is possible to commercialize a group of deposits in a 30-kilometer circle along the railway to support the country's economy and increase railway freight turnover.” The PM also thanked the personnel of the Mongolian Armed Force, UBTZ, other companies and specialists that are involved in the construction work.

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Mongolian court slaps huge bail fee on former PM and Finance Minister www.news.mn

The trial of former PM S.Bayar and other six people started at the Ulaanbaatar’s Chingeltei Criminal Court today (15 June) at 09.00 a.m. However, the trial was postponed to 18 June after lawyers and one of the defendants – former finance minister S.Bayartsogt – simply did not show up in the court because he was away election campaigning in Selenge province.

Therefore, the court has issued a bail of MNT 5 billion to S.Bayartsogt and MNT 10 billion to S.Bayar. In other words, if two MPs failed to pay these very high bail fees, then they will be imprisoned.

Former Prime Ministers S.Bayar and Ch.Saikhanbileg were arrested by the the Independent Authority against Corruption (IAAC) in 2018.

The IAAC is investigating into possible abuse of power by certain government officials during the negotiations for the Oyu Tolgoi agreements, namely the Investment Agreement between the Government of Mongolia and Ivanhoe Mines Mongolia Inc LLC and Ivanhoe Mines Ltd and Rio Tinto International Holdings Limited, signed on October 6, 2009, and the Oyu Tolgoi Underground Mine Development and Financing Plan, signed on 18 May 2015.

Former Prime Ministers S.Bayar, who was in office in 2007-2009, and Ch.Saikhanbileg, who led the Cabinet in 2014-2016, has thus been put under arrest in the course of the investigation.

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European Business Associations in Mongolia Cooperate Closely www.mongolianbusinessdatabase.com

The European Mongolian Chamber of Commerce and Industry (EuroChamber) has signed a Cooperation Agreement with the German Mongolian Business Association (DMUV), French Mongolian Chamber of Commerce and Industry (FMCCI) and the British Business Group (BBG) .
One of the founding principles of EuroChamber Mongolia it to bring the European and Mongolian business community closer together and to have a strong common voice that represents the interest of its members. Today with the signing of the cooperation agreement the German, French and British business associations become represented in the EuroChamber Board, allowing for common decision making, leadership and alignment, while the bilateral business associations' member companies are becoming members of EuroChamber.
With this step, EuroChamber Mongolia now provides a united platform to more than 125 British, French, German and other European as well as Mongolian member companies from very diverse sector backgrounds.
All European business associations and EuroChamber intend to promote the highest values of cooperation and partnership, while exercising unified power toward improvement of business and investment climate in Mongolia, for the benefit of our members and the wider public. Mongolia has a tremendous potential for development, and we jointly intend to support the socio-economic development with helping removing bottlenecks and obstacles for investment and ease of doing business for Mongolian and international companies, investors and banks.
The main focus areas and goals of EuroChamber in cooperation with DMUV, FMCCI and BBG are:
1/ Policy dialogue and advocacy on behalf of its members, with focus on trade facilitation and barriers (export/import), business and investment climate, human resource development, etc.
2/ Additional Networking opportunities for establishing and developing business contacts 3/ Support to Mongolian companies to access European markets; among
others through cooperation with the EU-funded Trade Related Assistance to Mongolia (TRAM) program, with whom EuroChamber enjoys close cooperation.
Based on main interests and needs of our members, the team of EuroChamber, DMUV, BBG and FMCCI will develop white papers as a basis for policy dialogue with the Government of Mongolia.
We would like to express our gratitude to those who made this milestone European Business Cooperation happen, especially to the leadership teams of the three bilateral business associations and EuroChamber. Special thanks go also to HE Ambassador Traian Hristea and the team of the EU Delegation to Mongolia as well as all national diplomatic representatives for their continued support.

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Mongolia reports no new COVID-19 cases, three more recoveries www.xinhuanet.com

June 14, 2020 (Xinhua via COMTEX) -- Mongolia reported no new cases of COVID-19 in the last 24 hours, with its total confirmed cases remaining at 197, the National Center for Communicable Diseases (NCCD) said Sunday.

Meanwhile, three more patients have recovered from the disease, taking the total to 98, Amarjargal Ambaselmaa, head of the surveillance department of the NCCD, said at a daily press conference.

All the 197 confirmed cases, including five foreigners, were imported, mostly from Russia.

Thanks to the early introduction of social distancing and tight health protocols for cross-border flows, no local transmissions or deaths have been reported in Mongolia so far.

On March 10, a French national tested positive for the novel coronavirus, becoming the first confirmed COVID-19 case in Mongolia.

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