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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New U.S.-Mongolia partnership to expand access of local businesses to financial services www.montsame.mn

Ulaanbaatar /MONTSAME/. The U.S. government, through the United States Agency for International Development (USAID), today formally launched a five-year, MNT 41.3 billion ($15 million) Business Excellence for Sustainability and Transparency (BEST) project to help grow and diversify Mongolia’s economy by increasing lending to small and medium enterprises (SMEs) and improving economic governance and accountability.

This program is conducted with the assistance of the Government of Mongolia through the Ministry of Finance.

U.S. Ambassador to Mongolia Michael S. Klecheski and the Government of Mongolia Minister of Finance Ch. Khurelbaatar gave remarks at the launch of the new initiative, which will be implemented in partnership with Development Solutions in Ulaanbaatar and 12 aimags across the country.

“The U.S. government recognizes small and medium enterprises as important drivers of social opportunities and economic development,” said Ambassador Klecheski.

“Through this new project, we hope to expand local businesses’ access to financing and promote improved corporate governance so that Mongolian businesses can reach their full potential and contribute to the country’s economic self-reliance.”

Both parties emphasized how this cooperation will strengthen the U.S. – Mongolia Strategic Partnership as well as other U.S. government-funded bilateral development programs.

According to the National Statistics Office of Mongolia (NSO), at the end of 2017, 77% of businesses registered in Mongolia were classified as SMEs. These companies generated around 25% of Mongolia’s GDP and provided employment to more than half of the national workforce.

Since 2016, USAID support to SMEs has helped improve their access to credit and has facilitated linkages between financial institutions and 750 borrowers, multiplying their investments 20 times over and creating more than 600 new jobs.

This new project will augment USAID’s support of SMEs in Mongolia by working with government and private sector partners to foster an environment conducive to the growth of SMEs, including easier access to business financing, improved corporate governance, capacity-building training on transparency and accountability, and the provision of small grants to disadvantaged enterprises.

U.S. Embassy in Mongolia

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Mongolian soldiers to march at Moscow’s Victory Day Parade www.news.mn

Every year, Russia marks the end of the World War II with a great military parade of national pride in Moscow. The parade takes place on the very day on the signing of the German act of unconditional surrender to the victorious Allies in Berlin, precisely at midnight on 9 May 1945 (Russian time). This year, it will commemorate the 75th Diamond Jubilee.

For the special event, Mongolia will send 80 soldiers to Moscow to participating in the Russian military parade. The decision was announced at Cabinet meeting on 4 March.

Mongolian President Kh.Battulga has confirmed that he too will attend the Victory Day celebration in Moscow.

In addition to troops from the Russian Armed Forces, contingents from 20 foreign countries will also be on parade, groups from the Commonwealth of Independent States (CIS), as well as contingents from China, India, Serbia, France, the United Kingdom, the United States and Poland.

For the first time, 20 examples of the latest armoured and aviation equipment, including the Kurganets-25 infantry fighting vehicles and the latest S-300V4 and S-350 air defense systems, will take part in the parade which will involve 1,250 bandsmen, an estimated 16,000 personnel in the ground column, 4,500 in the mobile column of around 250 plus vehicles, and 600 air crew personnel for the 80-strong flypast.

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Mongolia's economy plunges as covid-19 threatens growth www.zgm.mn

Mongolia’s economy has been declining sharply due to COVID -19 outbreaks in China, according to World Economics. Also, global economic growth is projected to slow down since it did in 2009, the Organization for Economic Cooperation and Development (OECD) warned. At this time, there is an increasing need for prompt action by the Government and the Central Bank. The economy of Mongolia is highly dependent on the Chinese market. In particular, due to the proliferation of new types of coronaviruses, China has stopped business operations in some regions. This is causing an unprecedented stagnation in Mongolia’s market, assessed the World Economics. Indexes that show market expectations have been highlighted. The Sales Managers’ Indexes (SMI) fell to 35 units as of February 20, the lowest level of 39 months. It also noted that the business confidence index fell to the 38-month low and the sales growth index 59-month low. All indexes, except for the price index, have dropped below 50 units, according to World Economics. SMI provides the earliest monthly data on the speed and direction of economic activity in key growth areas of the world. The OECD reduced also the forecast for global growth this year from 2.9 percent to 2.4 percent. “In the future, as the situation worsens, large economies will need to take measures to support their health care and the economy,” it says. The World Trade Organization also said that COVID-19 might affect significantly on the global economy.

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Angry Mongolian farmers protest against Russian wheat imports www.news.mn

Earlier yesterday (4 March), Mongolian farmers demonstrated outside the Ministry of Food, Agriculture and Light Industry protesting against the government’s decision to import 160 thousand tonnes of wheat from Russia. Previously, the ministry had announced that Mongolia could fully meet domestic flour demands after harvesting a total of 420 thousand tonnes of wheat.

According to S.Badral, a farmer from Selenge Province – which is where most of Mongolia’s cereal crops are grown – a tonne of wheat costs RUB 15,000 (USD 229) in Russia today. Mongolia is expected to import a tonne of wheat for MNT 700,000-800,000 (USD 253-289) from Russia. But, Mongolian farmers sold a tonne of wheat for MNT 500,000 (USD 181) last autumn.

Mongolia needs a total of 302 thousand tonnes of wheat in order to fully meet domestic demand for flour. In autumn, 2019, Mongolia harvested 407.6 thousand tonnes of wheat; 247.4 thousand tonnes was used for flour production, 10 thousand tonnes for brewing alcohol, 35 thousand tonnes for animal feed and 42 thousand for the crop reserve.

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USAID to help Mongolia address the threat of COVID-19 www.montsame.mn

Ulaanbaatar /MONTSAME/ The U.S. Government announced on March 2 a commitment of USD 37 million in financing from the Emergency Reserve Fund for Contagious Infectious Diseases at the U.S. Agency for International Development (USAID) for 25 countries affected by novel coronavirus COVID-19 or at high risk of its spread. The U.S. Government is providing these funds to the World Health Organization, other multilateral institutions, and programs led by USAID's implementing partners. These are the first U.S. Government funds committed from the pledge of up to USD 100 million announced by the U.S. Department of State on February 7, 2020. Because an infectious-disease threat anywhere can be a threat everywhere, we call on other donors to contribute to the effort to combat COVID-19 as well.

Building on ongoing USAID and other U.S. Government investments to help prepare and respond to infectious diseases under the Global Health Security Agenda (GHSA), the new funding will help address the threat of COVID-19 in the following high-priority countries: The Islamic Republic of Afghanistan; the Republics of Angola, Indonesia, Iraq, Kazakhstan, Kenya, South Africa, Tajikistan, The Philippines, Turkmenistan, Uzbekistan, Zambia, and Zimbabwe; the People's Republic of Bangladesh; Burma; the Kingdom of Cambodia; the Federal Democratic Republic of Ethiopia; the Kyrgyz Republic; the Lao People's Democratic Republic; Mongolia; the Federal Republic of Nepal; the Federal Republic of Nigeria; the Islamic Republic of Pakistan; the Kingdom of Thailand; and the Socialist Republic of Vietnam.

Newly Announced Assistance

Of the total funding:

Funds that are going to the WHO will help the governments of currently affected or at-risk developing countries prepare their laboratories for large-scale testing for COVID-19, implement a public-health emergency plan for points of entry, activate case-finding and event-based surveillance for influenza-like illnesses, train and equip rapid-response teams, investigate cases and trace the contacts of infected persons, and adapt training materials for health workers on COVID-19.
Funds that are going through a broad range of other partners will support six broad areas of work: laboratory-strengthening; surveillance for, and rapid response to, infectious diseases; risk-communications and engagement with communities; public-health screening at points of entry; the prevention and control of infections in health facilities; and the management of cases of COVID-19. In addition, in response to the outbreak of COVID-19, which originated in Wuhan, in the People's Republic of China, USAID has reviewed, and responded to, requests from the governments of affected countries for donations from our emergency international stockpile of personal protective equipment (PPE). In close coordination with the WHO and the White House Coronavirus Task Force, this distribution of PPE - such as goggles, gowns, face shields/masks, and gloves- complements previous charitable donations from many U.S. private-sector entities.
Source: USAID Office of Press Relations

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Skeletal Analysis Hints at Millet Consumption in Mongolia www.archaeology.org

JENA, GERMANY—According to a Cosmos Magazine report, an international team of researchers examined the ratios of stable nitrogen and carbon isotopes in collagen and dental enamel samples obtained from the remains of some 130 individuals who were buried in Mongolia between 4500 B.C. and A.D. 1300. The analysis suggests that during the Bronze Age, the Mongolian diet was based on milk and meat and supplemented with local plants. From about the third century B.C. to the late first century A.D., during the Xiongnu Empire, some people continued to eat the Bronze Age diet, while those living in political centers began to eat more millet-based foods. Grain consumption and thus the practice of agriculture appears to have continued to increase into the period of the Mongolian Empire of the Khans. “Namely, instead of roving hoards, these empires were supported by pastoralists and farmers practicing different subsistence strategies that provided strength in diversity,” explained Shevan Wilkin of the Max Planck Institute for the Science of Human History. To read about the tombs of Xiongnu nobles unearthed in Mongolia, go to "Tomb of the Silver Dragons," one of ARCHAEOLOGY's Top 10 Discoveries of 2019.

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Mollaei cleared to compete for Mongolia at Tokyo 2020 after IOC approves nationality change www.insidethegames.biz

Iranian former world judo champion Saeid Mollaei has been cleared to represent Mongolia at Tokyo 2020 after his switch of allegiance was approved by the International Olympic Committee (IOC) Executive Board.

The IOC's ruling body gave the green light to Mollaei's change of nationality from refugee status to Mongolia here today.

Mollaei defected from Iran after being ordered to throw his semi-final at last year's World Judo Championships rather than set up a potential clash with Israeli rival Sagi Muki, in a case which led to the country being suspended by the International Judo Federation (IJF).

The 28-year-old was granted asylum in Germany after Iran threatened him and his family if he did not withdraw or deliberately lose his semi-final at the event in Tokyo in August, before he was granted permission to compete for Mongolia at major events by the IJF.

Mollaei, the 2018 world champion in the under-81 kilograms category, made his debut for Mongolia at the IJF World Judo Masters in Qingdao in December.

He competed briefly as a refugee after the IJF said he could not return to his country and amid concerns over the safety of his family.

Mollaei alleged he had been instructed to withdraw from the competition by Arash Miresmaeili and Reza Salehi Amiri, Presidents of the Iran Judo Federation and the National Olympic Committee of the Islamic Republic of Iran (NOCIRI) respectively.

It prompted the IJF to officially suspend the country and that sanction remains in place, meaning Iran may be barred from competing in the sport at Tokyo 2020.

Iranian athletes have been prohibited from competing in any sport against Israelis for years.

Iran's supreme leader, Ayatollah Ali Khamenei, has repeatedly praised athletes who have refused to face opponents from Israel.

Since its Islamic Revolution in 1979, Iran has refused to recognise Israel.

Despite the involvement of the NOCIRI, Iran has not been suspended by the IOC.

IOC President Thomas Bach claimed in January the NOCIRI had promised to "in future fully comply with the Olympic Charter".

Iran sent a similar letter to the IJF copied to the IOC, in May of last year, where the nation vowed to end its decades-long boycott against Israeli athletes.

Mollaei's change was one of 11 approved by the IOC's ruling body.

Among the others was cyclist Olga Zabelinskaya, who served an 18-month doping ban, from Russia to Uzbekistan.

The three-times Olympic medallist, nearly blocked from competing at Rio 2016 after the IOC attempted to ban any Russian athlete who had served a doping suspension, could represent her new country at Tokyo 2020.

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Roundup: Despite no cases, Mongolians prep for battle against COVID-19 www.xinhuanet.com

Mongolian Foreign Minister Damdin Tsogtbaatar told Xinhua in a recent interview that China has taken "highly organized measures" to contain the COVID-19 outbreak.

ULAN BATOR, March 3 (Xinhua) -- Mongolians have donated cash and supplies to support their government's efforts to prevent the spread of the coronavirus despite no cases of the disease having emerged in the country.

Public figures in Mongolia including singers, bands and wrestlers have donated money and much-needed prevention supplies to the country's Health Ministry, hospitals and other organizations.

Former sumo grand champion Dolgorsuren Dagvadorj recently provided 400 pieces of medical protective gear to the ministry.

A Mongolian herder from the southwestern province of Bayankhongor on Monday donated 10 sheep to the National Center for Communicable Disease of Mongolia to support the organization's anti-virus efforts.

"Every citizen's participation is important to prevent the spread of COVID-19. I am glad that the Mongolian people are not only consciously implementing, but also supporting the government's anti-coronavirus efforts," Sambuu Lambaa, former Mongolian health minister, told local media.

Meanwhile, since the COVID-19 outbreak in China, Mongolian leaders, members of the public, students and even children have been expressing solidarity with China in its battle against the novel coronavirus epidemic.

The Mongolian government has donated 200,000 U.S. dollars toward China's epidemic control efforts, and the country's President Khaltmaa Battulga, as the first foreign head of state to visit China since the COVID-19 outbreak, has offered a donation of 30,000 sheep to China during his recent one-day visit there.

Mongolian Foreign Minister Damdin Tsogtbaatar told Xinhua in a recent interview that China has taken "highly organized measures" to contain the COVID-19 outbreak.

To help China contain the coronavirus, other countries need to be equally responsible and take preventive measures, he said, adding that Mongolia has been following the recommendations of the World Health Organization to prevent an epidemic.

As more Mongolians wish to donate money and prevention supplies to China, the Mongolian government last month launched a nationwide campaign called "Emotional Support to an Eternal Neighbor."

During the campaign's launch, Mongolian Environment and Tourism Minister Namsrai Tserenbat highlighted China's great contribution to the social and economic development of Mongolia, underlining the necessity of supporting China in fighting COVID-19.

United Nations Resident Coordinator in Mongolia Tapan Mishra recently hailed the efforts of the Mongolian government to prevent the spread of the novel coronavirus.

"The Mongolian government has taken optimal measures to prevent the spread of the disease, setting a good example to the world," Tapan said at a recent meeting with Mongolian Deputy Prime Minister Ulziisaikhan Enkhtuvshin.

Mongolia has banned all public gatherings and provided its citizens with information on how to contain the disease's spread should an outbreak occur in the country. ■

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Ch.Ulaan: Food wheat and all types of rice to be exempted from tax www.montsame.mn

Ulaanbaatar /MONTSAME/ Minister of Food, Agriculture and Light Industry Ch.Ulaan reports that at its regular meeting held today, the Cabinet decided to submit a bill to the Parliament on exemption of wheat, wheat seed, all types of rice, sugar and vegetable oil from customs and value added taxes.

He said “Our country has restricted its import and export to some extent in the period of outbreak of new coronavirus around the globe. In other words, we face the need to ensure its food demand with its own resource and reserves. Therefore the Government focuses its attention on constant supply of basic food stuff to the people and avoiding surge pricing. For meat and flour, it is resolved to raise amount of domestic manufacturing. While, the aforementioned food products will be exempted from customs and value added taxes from March 1 to June 30 in aims of increasing access and supply of the products that are mainly imported at 100 percent.”

The food importers are allowed not to pay taxes until the adoption of the bill during the spring session of the Parliament. In other words, the taxes until the period of adoption and entry into force of the law will be exempted as well.

The population of Mongolia consumes 225 thousand tons of flour a year. A total of 300 thousand tons of wheat is required to produce it. 247 thousand tons of wheat was supplied to flour factories from the harvest of 2019. Therefore, we need 60 thousand tons of wheat to be imported, remarked the Minister.

Furthermore, some citizens are stocking up food products in certain amount due to the declaration of heightened emergency of readiness for prevention of COVID-19 infection and it was deemed that it could cause shortage.

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Mongolia imported 541.5 thousand tons of gasoline in 2019 www.montsame.mn

Ulaanbaatar /MONTSAME/. Mongolia imported 541.5 tons of gasoline in 2019, according to the statistics of Mongolian Customs General Authority.

The figure represents the increase of 105.9 thousand tons as compared with 2018. In 2018, the average import price of gasoline per ton was USD 708.8 and the price fell by 14.7 percent, reaching USD 604.6 in 2019.

As for the diesel fuel, 1080.4 thousand tons were imported in 2019 which increased by 236.1 thousand tons compared with 2018. The average import price of diesel fuel per ton was USD 679.5 and it decreased by USD 59.9 or 8.8 percent in 2019.

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