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    

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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Mongolia Now Has Diplomatic Relations with All UN Member Countries www.montsame.mn

Deputy Minister of Foreign Affairs of Mongolia Amartuvshin Gombosuren and Minister of Foreign Affairs of the Republic of Botswana Lemogang Kwape signed the Joint Communique on the Establishment of Diplomatic Relations in New York on December 6, 2023.
The two countries agreed to strive to develop friendly relations and cooperation in areas of mutual interest, adhering to the Vienna Convention on Diplomatic Relations, the UN Charter, and the principles and norms of international law.
The parties emphasized that the establishment of diplomatic relations opens up wider opportunities for the development of cooperation in mutually beneficial areas, mutually supporting and cooperating within the framework of international organizations.
Having established diplomatic relations with a total of 192 member states, Mongolia has fully implemented the goal of establishing diplomatic relations with all UN member states.
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SMR concept project presented to Mongolia by Rosatom www.world-nuclear-news.org

Mongolia has substantial known uranium resources, but does not currently have nuclear energy. However it has been exploring tentative plans over recent years, with World Nuclear Association saying three possible sites have been under consideration.
During the SMR Day, Rosatom highlighted its small modular reactor project in Yakutia, with commissioning planned in 2028, as well as outlining its plans for floating nuclear power plants, following the Akademik Lomonosov, which has been in commercial operation since 2019.
Kirill Komarov, deputy director general of Rosatom, said: "There are more than 70 small modular reactor projects in the world in the design stage. Rosatom is the only technology company that has moved from words to action ... we are confident that the experience gained in the coming years will allow us to offer our partners around the world the best solutions in the field of SMRs."
Earlier this year, in June, Rosatom and the Mongolian company Dayan Deerkh Energy Ltd signed an agreement on strategic cooperation on the joint implementation of projects in the field of nuclear, wind and hydropower, aimed at ensuring the energy independence of Mongolia.
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Mongolia Seeks $11 Billion Green Finance to Reshape Its Economy www.bloomberg.com

Mongolia is looking for $11 billion in green finance to decarbonize its economy, which is currently heavily dependent on fossil energy, mining and livestock farming, the country’s minister of environment and tourism said on Wednesday.
“There is a rough estimation that we would need $11 billion as a start” to transition into a greener and more sustainable economy, while also promoting more environmental businesses with advanced technology, Bat-Erdene Bat-Ulzii said in an interview during the COP28 summit in Dubai. “We are trying to contribute to the global efforts of improving the environment as well, so for us international, bilateral, multilateral cooperations are very important.”
Mongolia is facing challenges stemming from land degradation, limited water resources and overgrazing. Meanwhile, energy and mining sectors account for a lion share of its economy, of which coal exporting to China has been rising due to steady demand.
The country has committed to increase its renewable electricity capacity — including hydropower, solar and wind — to 30% by 2030 as a share of total electricity generation capacity. It has already managed to increase the portion to 27%, if construction-stage projects are counted, Bat-Ulzii said. The nation of about 3.5 million people is also in the middle of transforming its animal farming sector. It currently has 71 million livestock animals, which is beyond its theoretical pasture capacity of 25 million.
Bat-Ulzii said Mongolia is a victim of global climate change as well and called for a strengthened environmental compensation mechanism with more options. Even if Mongolia is eligible for assistance through the yet-to-be operational loss and damage fund, he doesn’t think the fund is going to support the country much from his experience, Bat-Ulzii said. He’s concerned the criteria to have projects supported through the loss and damage fund could be too high and the delivery time for finance could be too slow.
The Mongolia minister said the COP28 summit should not be about showing bread to a starving person or water to the thirsty, when being asked about his own observation about the conference. Whether Mongolia will agree to text that calls for the phase down or phase out of fossil fuels at the summit is highly related with seeing more financial solutions and ways to secure the delivery, he said.
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Cambridge University to explore legacy of Genghis Khan www.bbc.com

The legacy of Genghis Khan is to be explored in a new collaborative study involving the University of Cambridge.
The collaboration with the Mongolian government aims to promote deeper study - and strengthen academic links.
The 13th Century warlord had a brutal reputation but was also revered as "a great diplomat, innovator and ruler".
Mongolian culture minister Nomin Chinbat said she hoped the project would "help foster the next generation of Mongolian academics".
The warrior king, known as Chinggis Khaan in Mongolia, conquered more than a million square miles of land and was the founder of the Mongol nation.
He died in 1227.
The study - involving the university's Mongolia and Inner Asia Studies Unit - was agreed last month when Ms Chinbat visited the UK.
Ms Chinbat, a former media executive who brought the TV show Mongolia's Got Talent to the country, said she hoped the research partnership would "strengthen understanding of the Mongol Empire's impact across the world".
"How many people know he invented the postal service, the first passports?" Ms Chinbat said.
"That he showed great religious tolerance, and he himself was a peacemaker?"
"Of course Chinggis Khaan is primarily known for his warriorship, but he was also a great diplomat, innovator and ruler," she said.
The partnership may also This will include the possibility of visiting research fellowships and travel grants.
Professor David Sneath, director of the university unit, said: "This is all about exploring the historical reality behind the myth.
"We are interested not just in the man himself, Chinggis Khaan - although of course he is of great historical interest - but in his legacy.
"We are trying to encourage a deeper study of Chinggis Khaan and his impact."
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2024 Budget for Capital City Adopted www.montsame.mn

The 2024 budget of the capital was approved at the 20th regular meeting of the Citizens' Representative Khural of Ulaanbaatar on December 5, 2023.
The projected revenue of MNT 2,598.9 billion for 2024 represents an increase of MNT 652.8 billion planned for 2023. According to the estimates, 93.1 percent or MNT 2,418.5 billion of the capital's budget revenue in 2024 will be generated from tax revenue, and the remaining 6.9 percent or MNT 180.4 billion will be non-tax revenue.
As for budget revenue contribution by Ulaanbaatar city and its districts, MNT 884.7 billion or 34 percent of the total budget revenue of the capital city will be accumulated directly while the districts will concentrate MNT 1,714.2 billion or 66 percent of the capital city budget revenue.
The capital city budget for 2024 projects to spend MNT 1,109.6 billion or 46.3 percent of the total expenditure for current expenses, MNT 964.8 billion or 40.3 percent for capital expenditure, MNT 85.2 billion for loan repayment, and 0.3 percent for financial support to two districts.
P. Sainzorig, the First Deputy Governor in charge of Economy and Infrastructure, emphasized that the capital city’s budget for 2024 targeted the development of infrastructure.
First Deputy Governor P. Ganzorig noted that the budget aims to create the basic infrastructure to solve pressing problems of Ulaanbaatar city, and a priority will be given to intensify the construction of the Selbe and Bayankhoshuu subcenters, and consequently to establish residential apartment towns for the households in the ger districts. Ulaanbaatar city will accumulate MNT 230.3 billion for the state budget.
During the meeting, a draft resolution on renewing the capital city tax rate was discussed and supported. According to the newly approved resolution
• excise tax on all types of tobacco products and alcoholic beverages will be raised to 2.0 percent
• 2.0 percent tax will be also levied on bars, restaurants, hotels, resorts, car washes, and auto repair shops.
The tax increase to 2 percent will accumulate MNT 32 billion in the city budget revenue for 2024.
 
 
 
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UN to assist in organization of COP17 to be held in Mongolia in 2026 www.akipress.com

The United Nations will support the organization of the 17th Conference of the Parties (COP17), which will be held in Mongolia in 2026, GoGoMongolia says.
Minister of Environment and Tourism B. Bat-Erdene held a meeting with Executive Secretary of the United Nations Convention to Combat Desertification Ibraham Thiaw on December 3.
At the meeting, Executive Secretary Ibraham Thiaw conveyed the President's intention to visit Mongolia in 2024, expand cooperation and provide all-round support to preparations for COP17, which will be held in Ulaanbaatar, Mongolia, in 2026.
The Mongolian side spoke about issues of grasslands and Gobi steppe areas and yellow dust storms as priorities, and advised on the effectiveness of demonstrating leadership in international cooperation.
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Mongolia's vegetable production hits record high www.xinhuanet.com

Vegetable production in Mongolia has reached 183,000 tons this year, a record high, the country's Ministry of Food, Agriculture and Light Industry said Wednesday.
The output can cover 85 percent of the domestic needs, the ministry said in a statement.
In addition, the country has harvested a total of 434,000 tons of wheat, up 8 percent from last year, said the statement.
Mongolian President Ukhnaa Khurelsukh has proposed to launch a "food supply and security" national campaign to develop agricultural industry clusters and establish food production complexes, in order to fully secure the domestic supply of food and become a food exporter.
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Evidence hearing of coal theft case continues for second day www.gogo.mn

On December 4, Open hearings for inspection and evidence analysis of some state-owned and local companies with property participation in coal mining, sales, transportation, export activities and other goods, works and services procurement activities started.
Yesterday, a total of 22 witnesses were called, but 17 of them were given notices, while 5 witnesses could not be contacted. 12 witnesses were present, one of whom was accompanied by a lawyer. One of the witnesses stated in writing that he would not be able to participate and the 6 witnesses did not appear for an unknown reason.
On December 5, the public hearing to analyze the evidence continues for the second day. On today’s hearing:
Coal sales activities "Tavantolgoi" JSC; Hear expert opinions and auditors' reports on inspections and inspections carried out by authorized organizations in "Tavantolgoi" JSC, as well as the measures taken as a result of them, present the necessary written evidence, ask questions and get answers from the relevant witnesses, get comments from witnesses, experts, and reviewers. A total of 168 witnesses were called in connection with the agenda of the day.
Currently, the certificates of land ownership violated the land law in Khanbogd soum, Umnugovi province are presented.
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Successful Hosting of Mongolian Capital Markets Day 2023 at SSE www.english.sse.com.cn

Recently, the Shanghai Stock Exchange (SSE) and the Mongolian Stock Exchange (MSE) successfully organized the Mongolian Capital Markets Day 2023 at the SSE. The event was attended by T. Tserenbadral, Vice Chairman of the Financial Regulatory Commission of Mongolia, and D. Bold, Consul General of Mongolia in Shanghai, who delivered speeches. Senior representatives from the MSE and listed companies, securities firms, and investment institutions of the Mongolian capital market made in-depth presentations to over 60 institutional investors from China's capital market, covering topics such as Mongolia's economy, capital market investments, and listed companies.
In recent years, China and Mongolia have continuously strengthened economic communication and cooperation. In June this year, the SSE and the MSE signed a Memorandum of Understanding on cooperation under the witness of the two countries' prime ministers, which further deepened the cooperation between the two capital markets, providing a solid foundation for supporting the Belt and Road Initiative. Following the online edition of the Mongolian Capital Markets Day 2021, this event provided another significant opportunity for Chinese institutional investors to gain a deeper understanding of the Mongolian capital market through the communication platform provided by the SSE.
Moving forward, under the unified deployment of the China Securities Regulatory Commission, the SSE will continue to deepen high-standard institutional opening up, explore multi-dimensional cooperation mechanisms with the Mongolian capital market, strengthen bilateral cooperation, explore diversified development, and continuously enhance the forms and deepen the content of cooperation.
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Mongolian delegation pays working visit to China www.akipress.com

The Mongolian delegation led by Chairman of the Standing Committee on Security and Foreign Policy Enkh-Amgalan Byambasuren, is paying a working visit to China at the invitation of the Foreign Affairs Committee of National People's Congress.
Deputy Chairman of the NPC Foreign Affairs Committee Fu Ziying received the Mongolian delegation on December 4, Montsame reported.
Chairman of the Standing Committee B. Enkh-Amgalan noted that friendly relations and mutually beneficial cooperation between Mongolia and China have been developing rapidly in recent years. He added that increasing frequency of high and highest-level visits have an important impact on enhancing political mutual trust and strengthening friendship between the two countries.
The Chairman expressed gratitude for inviting representatives of the Standing Committee on Security and Foreign Policy of Mongolia on the occasion of the 75th anniversary of the diplomatic relations between Mongolia and China and for intensifying the regular inter-parliamentary meeting mechanism.
Chairman B. Enkh-Amgalan invited the relevant leaders and researchers from the Chinese side to participate in the World Forum for Sustainable Development 2024, to be organized in Mongolia.
Deputy Chairman Fu Ziying expressed satisfaction with the development of relations and cooperation between the legislative bodies of the two countries and affirmed its commitment to further strengthening friendly relations between Mongolia and China.
Fu Ziying expressed his contentment that foreign trade has doubled since the establishment of the comprehensive strategic partnership between Mongolia and China along with the increased frequency of reciprocal high and highest-level visits.
The sides exchanged views on the 5th meeting of the inter-parliamentary regular consultation which is to discuss the commemoration of the 75th anniversary of the diplomatic relations between Mongolia and China and the 10th anniversary of the establishment of a permanent cooperation mechanism between the Mongolian Parliament and the Chinese National People's Congress in 2024 and other issues.
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