The second session of the amendment to the Constitution provides voting in the 150 contradictory statements with substantial provisions, of which 60 are remaining. The regular meeting of the Parliament continued on Friday, but the MPP postponed five issues namely, parliamentary voting periods, increasing the number of members to 99, the public ownership of the wealth, the stability of the judiciary’s accountability, and the determination of the electoral system during the voting.

Democratic Party (DP) caucus proposed additional provisions on not exceeding the Cabinet’s debt 60 percent of GDP but was not supported. They request for reconsideration and MPP did not accept it.

In July, President Battulga Khaltmaa suggested Parliament to increase the four-year parliamentary tenure to five due to economic cycle length. The president proposed a part stating that the prime minister can be a lawmaker, but other Cabinet ministers cannot serve as lawmakers at the same time.

While the Mongolian People’s Party (MPP) convened to consolidate its statements in 10 sets of delayed provisions, some of the issues were unsuccessful at settlement, and the council meeting was closed. At the parliamentary session, MPs agreed not to support the President’s proposal for a five-year parliamentary term and increasing the number of parliament members to 99. Also, they agreed with the provision on Prime Minister to appoint the Cabinet members. Parliament has the authority to include the president’s proposals wholly or partly, or not include them at all.

The use of this type of fuel is expected to decrease air pollution by 40-50 percent in Ulaanbaatar in 2019-2020. The Government of Mongolia has prohibited raw coal from Ulaanbaatar in May.

“Households will use enhanced fuels to substitute coal. Production of the fuel is in line with the plan, and quality check is being carried out regularly,” said spokesman for the Air Pollution Reduction Department of Mongolia.

Users will use a smart card called “Good” to buy enhanced coal. Each card will have the possibility to purchase three tons of fuel, and citizens will be able to purchase the fuel using the retailer's application and the basic limit of the card diminishes. If the limit runs out, TTT will be able to re-validate its claims.

Following Placement completion, Mr. Tserenpuntsag’s ownership of Aspire will increase from 27.5percent to 51.0 percent of Aspire on an undiluted basis.

The Placement price per share represents a significant premium to relevant share price tradingmeasures including a 27.7 percent to the 30-day volumeweighted average price (VWAP) of 1.645 cents per share for the period ending September 4, 2019.

The Placement reinforces the commitment of the Aspire Board and Mr. Tserenpuntsag to transform Aspire into a significant pure-play coking coal producer positioned in the second quartile of the global cost curve. The Placement is expected to provide a significant proportion of the estimated equity capital component required for the OEDP and the Company understands that Mr. Tserenpuntsag intends to support any future fundraising activities required to complete OEDP funding.

Importantly, Aspire will emerge post Placement in its strongest ever financial position with an estimated cash backing in excess of USD 40.0 million1 and nil borrowings. Mr. Tserenpuntsag has confirmed to Aspire his intention to support Aspire in completing future debt financing on favorable terms to fund the OEDP. To reflect the company’s strategic repositioning as a Mongolian majority-owned and led development company, the Aspire Board and key executive team will be restructured in conjunction with the Placement. This will involve a reduction in the Board size to five members and Executive Chairman Mr. David Paull transitioning to Non-Executive Chairman over a four-month period following completion of the Placement. The new Executive team will be led by Managing Director elect Mr. Achit-Erdene Darambazar.

Aspire is a 100 percent metallurgical coal and rail company focused on developing world-class premium coking coal deposits in Mongolia to deliver long term shareholder returns, and contributing to the social and economic enrichment of local communities.
The company is now advancing a definitive feasibility study for September 2019 for a decisionto-mine on the ‘Ovoot Early Development Plan’ (OEDP) 4Mtpa medium-term truck/rail mining solution – having completed two pre-feasibility studies, received a mining license, and approval by the Mineral Resource Authority of Mongolia (MRAM).

The technology was first initiated in Rome where commuters receive a credit of EUR 1.5 for recycling 30 plastic bottles.

The airline will fly the route three times a week on Monday, Wednesday and Friday.

It will shorten the travel time between the two cities to two hours and 20 minutes.

The first flight is scheduled to take off at 10:30 pm (1430 GMT) from Mongolia's Chinggis Khaan International Airport.

The new direct flight is expected to boost tourism and cultural exchanges between the two cities.

China is the largest source of foreign tourists to Mongolia. Chinese tourists accounted for 36.4 percent of total foreign tourist arrivals in Mongolia in the first half of this year, according to the Mongolian National Statistical Office.

Mongolia, ranked 187th in the world and playing in the second round of qualifying for the first time, beat Myanmar 1-0 in Ulaanbaatar. Amaraa Dulguun scored the lone goal in the 17th minute of the Group F match.

North Korea defeated Lebanon 2-0 in Group H with Jong Il Gwan scoring both goals in Pyongyang.

The winner of each of the eight groups and the four best second-place teams will advance to the next round.

President Kh.Battulga informed that Mongolia’s economic growth reached 6.8 percent in 2018; there are major projects underway such as the construction of a 414.6km long railway between Zuun Bayan Soum of Dornogobi province and Gashuun Sukhait Border Crossing. Another project is constructing a coal terminal on the Sea of Japan – this is being implemented by Erdenes-Tavan Tolgoi in cooperation with Russia’s Far Eastern Shipping Company (FESCO). The Mongolian president expressed his interest on beginning big deals with Japan as a costumer country.

In return, the Japanese PM said that he will examine the projects proposed by President Kh.Battulga and showed particular interest in Mongolia’s Tavan Tolgoi project. Shinzo Abe applauded President’s visit to the USA and considered that it had been effective; he noted that the visit had become the basis for cooperation between Japan-Mongolia-USA.

The Mongolian President is slated to come on a state visit to India later this month. A number of projects were discussed – particularly the assistance India is currently giving to build a major oil refinery in Mongolia – also the ‘only’ oil; refinery – to meet its energy needs through a line of credit,” he said. “A number of people-to-people issues were discussed including culture, and the spiritual connection. The President specially said he was looking forward to his visit to Bodh Gaya in Bihar, in addition to Delhi as well as to Bangalore,” Gokhale said. A discussion on how to mitigate the level of pollution in Ulaanbaatar, the capital of Mongolia, also took place, he said.

At the meeting, the President of Far East University expressed willingness to cooperate in Mongolia’s road and transport sector, in particular commencing bilateral partnership in establishing joint civil aviation institute in Mongolia.

After briefly introducing about New Ulaanbaatar International Airport and the ministry’s plan for Buyant-Ukhaa airport, the Minister expressed his confidence that the sides can develop mutually effective cooperation in training pilots, navigation, engineering and technical staff, flight attendants at the civil aviation institute, developing human resource of the aviation sector as well as others.

As a conclusion of the meeting, the sides established a Memorandum of Understanding with a purpose to intensify works to establish Mongolia-Korea joint institute of civil aviation and settle the detailed program for aviation training between the Civil Aviation Authority of Mongolia and Far East University.

Within the MoU, the sides concurred to cooperate in implementing joint training program on the capacity building of personnel in road and transport sector, training road and transport students in the Far East University, co-establishing Mongolia-Korea civil aviation institute in Mongolia, co-organizing seminars and research works and exchanging experience and information.

Moreover, it creates possibility to train pilots and navigation, engineering and technical workers in accordance with ICAO training program and standards and establish joint aviation institute within cooperation and support of Far East University of Korea.