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    

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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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Mongolia-born sumo champion Hakuho takes Japanese citizenship www.asia.nikkei.com

TOKYO -- Mongolia-born sumo Grand Champion Hakuho became a Japanese citizen on Tuesday, according to a government media release. The step is necessary for the 34-year-old yokozuna to remain active in the sport when he retires from the ring.

Hakuho holds a record 42 grand championship victories, making him one of the greatest wrestlers to step into the dohyo. He is the third foreign-born yokozuna to acquire Japanese citizenship, according to Kyodo News.

A number of wrestlers from overseas have risen to prominence in sumo. But the Japan Sumo Association requires stablemasters -- veterans who have retired from competition to mentor and train younger wrestlers -- to hold Japanese citizenship. Japan does not recognize dual nationality, so foreign nationals wishing to become Japanese must relinquish their original citizenship.

Hakuho is not the first Mongolian yokozuna. Asashoryu, who was born in Ulaanbaatar, became the sport's 68th yokozuna. However, he was dogged by allegations of bad behavior. In 2010 he was reported to have assaulted a restaurant employee while drunk. Those reports culminated in his retirement later that year.

If he makes the switch, Hakuho will become the highest ranked stablemaster to come from Mongolia, according to Kyodo.

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Russia to start oil and gas exploration in Mongolia www.news.ru

Rosgeology, Russian state-owned holding in charge of mineral resource exploration, will start the oil and gas exploration in Mongolia in cooperation with the Mongolian Mineral Resources Agency.

The corresponding agreement was signed during the Russian president Vladimir Putin's visit to Ulaanbaatar, reports TASS news agency. Rosgeology clarified that the document implies joint geological search for oil, gas, solid minerals, basic mineral resources, precious and rare metals, as well as construction, technological and agrochemical raw materials.

At the moment Russia is the main oil supplier to Mongolia. Among other resources, Rosgeology and the Mongolian Mineral Resources Agency will cooperate on freshwater deposits exploration.

Earlier, News.ru reported that Putin signed permanent treaty on friendship with Mongolia.

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Moody's announces completion of a periodic review of issuers including Mongolia, Government of www.moodys.com

Singapore, September 03, 2019 -- This publication is for information only, and does not announce a rating action.

Moody's Investors Service ("Moody's") reviews all of its ratings periodically in accordance with regulations -- either annually or, in the case of governments and certain EU-based supranational organisations, semi-annually. This periodic review is unrelated to the requirement to specify calendar dates on which EU and certain other sovereign and sub-sovereign rating actions may take place.

Moody's conducts these periodic reviews through portfolio reviews in which Moody's reassesses the appropriateness of each outstanding rating in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1st January 2019, Moody's issues a press release following each periodic review announcing its completion.

Moody's has now completed the periodic review of a group of issuers that includes Mongolia and may include related ratings. The review did not involve a rating committee, and this publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future; credit ratings and/or outlook status cannot be changed in a portfolio review and hence are not impacted by this announcement. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and rating history.

The credit profile of Mongolia (issuer rating B3) incorporates its "Low(+)" economic strength, supported by strong growth potential balanced by a small and narrowly diversified economy; its "Low(-)" institutional strength, which takes into account a weak institutional framework, but also reform progress against an ongoing program with the IMF; "Very Low" fiscal strength, reflecting a high debt burden, weak debt affordability, and reliance on foreign currency denominated debt; and a "High (-)" susceptibility to event risk, driven by external vulnerabilities.

This document summarizes Moody's view as of the publication date and will not be updated until the next periodic review announcement, which will incorporate material changes in credit circumstances (if any) during the intervening period.

The principal methodology used for this review was Sovereign Bond Ratings published in November 2018. Please see the Rating Methodologies page on www.moodys.com for a copy of this methodology.

This publication does not announce a credit rating action. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and rating history.

Anushka Shah
Vice President - Senior Analyst
Sovereign Risk Group
Moody's Investors Service Singapore Pte. Ltd.
50 Raffles Place #23-06
Singapore Land Tower
Singapore 48623
Singapore
JOURNALISTS: 852 3758 1350
Client Service: 852 3551 3077
Marie Diron
MD - Sovereign Risk
Sovereign Risk Group
JOURNALISTS: 852 3758 1350
Client Service: 852 3551 3077
Releasing Office:
Moody's Investors Service Singapore Pte. Ltd.
50 Raffles Place #23-06
Singapore Land Tower
Singapore 48623
Singapore
JOURNALISTS: 852 3758 1350
Client Service: 852 3551 3077

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Mongolian and Russian Presidents sign Comprehensive Strategic Partnership www.montsame.mn

After the official talks between the Mongolian and Russian Presidents at the State House, Russian President Vladimir Putin and Mongolian President Kh.Battulga attended a ceremony to sign intergovernmental and inter-agency documents on bilateral relations and cooperation.

The heads of state of Mongolia and Russia signed a treaty between Mongolia and the Russian Federation on Friendly Relations and Comprehensive Strategic Partnership. Previously, Mongolia and the Russian Federation established a treaty on friendly relations and cooperation in 1993, which was renewed by the two countries in 2009 with a declaration of Strategic Partnership.

Afterwards, documents on cooperation were signed by the government officials and business delegates from Mongolia and Russia at the ceremony, which included an intergovernmental agreement on cooperation between Mongolia and Russia in the fight against terrorism, an agreement between the governments of Mongolia and Russia on promoting interregional and cross-border cooperation, a protocol on the renewal of the 2014 intergovernmental agreement on the provision of military and technical assistance to Mongolia, a protocol on cooperation in ensuring the stable functioning of the Kyakhta-Altanbulag international automobile checkpoint on the Mongolian-Russian border and plan for 2020-2024 on cooperation between the customs agencies of the two countries, an agreement between the Mineral Resources and Petroleum Authority of Mongolia and the JSC Rusgeology of Russia, a strategic cooperation agreement between national postal services, a memorandum of understanding between Erdenes Mongol LLC and the Russian national grid company Rosseti, and a cooperation agreement between DBM Asset Management LLC and the Russian Direct Investment Fund.

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World's most livable city for 2019, according to the Economist Intelligence Unit www.cnn.com

It's long been known for its grandiose architecture, lashings of green spaces and traditional coffee shops -- and now Vienna is building itself a reputation for something even more covetable.
The Austrian capital has been ranked the world's most livable city for the second year running, topping the table with almost perfect scores for stability, culture and environment, education and infrastructure, and health care.
It was followed by Melbourne -- which Vienna toppled from pole position last year after seven years at the top. Sydney, Osaka and Calgary make up the top five on the annual Global Liveability Index of 140 cities around the world, researched by The Economist Intelligence Unit.

Lucie Lamster Thury, a New Yorker who moved to Vienna in 2004 and runs shopping tours of the city, said Vienna "taught me how to live.
"Coming from Manhattan it was hard to slow down but I love the pace of Vienna. It's relatively quiet, clean and culturally abundant, and I've never felt safer in Europe or in the States. I thought I'd never get used to shops being closed on Sundays, but it has changed my life -- people actually get to rest here, and private life is as important as work."

Although the top 10 was dominated by Australia, Canada and Japan, Europe performed well overall. Eight of the top 20 cities are in Northern Europe, with Copenhagen following Vienna into the top 10, and Zurich, Frankfurt and Geneva 
Helsinki, Amsterdam and Hamburg also made the top 20, while Berlin and Luxembourg came in at 21 and 23 respectively.
Honolulu was the top ranked US city at 22, with Atlanta, Pittsburgh, Seattle and Washington, DC in the top 40. Chicago was rated 41st.
London and New York ranked 48 and 58 respectively. Both were rated highly for culture but were brought down by their lower scores for infrastructure and stability, with a higher risk of crime and terrorism.
Paris' stability rating also took a tumble thanks to the "gilet jaunes" anti-government protests. It fell six places from last year's ranking to 26.

Singapore came in at number 40, and Dubai at 70. Hong Kong was ranked 38 -- the listings were compiled before the recent political upheaval. Cairo and New Delhi were downgraded due to environmental issues such as poor air quality and inadequate water provision.

Damascus, in Syria, was judged the world's least livable city, followed by Lagos, Nigeria, and Dhaka, Bangladesh. The Venezuelan capital Caracas was rated the tenth least livable city.
Karachi, Tripoli and Harare also featured in the bottom 10.

The world's most livable cities 2019

1. Vienna, Austria
2. Melbourne, Australia
3. Sydney, Australia
4. Osaka, Japan
5. Calgary, Canada
6. Vancouver, Canada
7. Toronto, Canada
7. Tokyo, Japan
9. Copenhagen, Denmark
10. Adelaide, Australia

The world's least livable cities 2019

1. Damascus, Syria
2. Lagos, Nigeria
3. Dhaka, Bangladesh
4. Tripoli, Libya
5. Karachi, Pakistan
6. Port Moresby, Papua New Guinea
7. Harare, Zimbabwe
8. Douala, Cameroon
9. Algiers, Algeria
10. Caracas, Venezuela

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ADB approves sizable loan to facilitate Mongolia's cross-border trade www.xinhuanet.com

ULAN BATOR, Sept. 3 (Xinhua) -- The Asian Development Bank (ADB) announced Tuesday the approvement of a 27-million-U.S. dollar loan as additional financing to back up Mongolia's ongoing cross-border trade facilitation project.

"Improving the efficiency and transparency of trade processes is essential to facilitate trade and transport in Mongolia," Dalaikhuu Unurjargal, ADB's regional cooperation officer in the country, said in a statement.

She noted that the ADB's support will help the Mongolian government remove bottlenecks and reduce trade costs through the rehabilitation and provision of border facilities at border crossing points (BCPs).

The additional financing for the ongoing Regional Improvement of Border Services Project will further upgrade BCPs in Bichigt, bordering China in the east; and Borshoo, bordering Russia in the west, according to the bank.

The two BCPs are said to become gateways for Mongolia's bilateral and transit trade with and through China and Russia.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, meanwhile sustaining its efforts to eradicate extreme poverty. In 2018, it made commitments of new loans amounting to 21.6 billion dollars.

Established in 1966, the ADB has 68 members, including 49 from within the region.

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Putin’s visit to Mongolia aims to show Russia’s role in Asia, says expert www.tass.mn

MOSCOW, September 2. /TASS/. Visit of Russian President Vladimir Putin to Mongolia is aimed to activate Russian foreign policy in Asia, Program Director of the Foundation for Development and Support of the Valdai Discussion Club Timofey Bordachev told TASS on Monday.

"I think that this visit has been relevant for a long time. [Mongolian] President Khaltmaagiin Battulga participated in the Eastern Economic Forum for the third time, and Russia steadily implements the concept of building a vast Eurasian space, where Mongolia has an important role. In general, Russia is activating its contacts in Asia," the expert said, adding that Putin’s visit is of strategic importance for both countries. "Of course, we are talking about a country that directly borders us, is our big neighbor that we must keep in mind at all times."

Bordachev noted that despite its small population and economy, Mongolia plays an important role in the region due to its location. "All neighboring countries are definitely interested in having Mongolia as a cooperation region," he stated.

According to the expert, Putin’s visit to Ulan Bator has been planned for a long time, and the signing of a strategic cooperation agreement between the US and Mongolia has not affected the Russian leader’s intention to visit Mongolia, which is why there are no grounds to talk about geopolitical competition between Russia and the US.

"I don’t think we are talking about a fight for Mongolia. Of course, our American partners try to make their mark everywhere they can, however, in this case, this is no cause for concern or tensions from the side of Russia or China," Bordachev pointed out. "Mongolia’s current administration aims to strengthen cooperation with Russia and China to a greater extent than the previous governments, which still tried to balance out the relations with Moscow and Beijing and their relations with Washington. For the Mongolian side, cooperation with Russia is very important, because it helps to balance the inevitable growth of China’s influence."

On Monday, Putin has arrived on an official visit to Mongolia’s Ulan Bator. On Tuesday, the Russian leader will hold talks with his Mongolian colleague Khaltmaagiin Battulga, sign a permanent Treaty on Friendship and Comprehensive Strategic Partnership between Russia and Mongolia and take part in the celebratory events timed to the 80th anniversary of the victory of Soviet and Mongolian troops in the Battles of Khalkhin Gol.

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Gold Purchase Decline www.news.mn

The Mongolian Central Bank bought a total of 9.6 tons of gold from legal entities and individuals in first eight months of 2019; this represents a decrease of 2.5 tons or 21 percent on the previous reporting period.

The Bank of Mongolia purchased a total of 2.1 tons of gold in August; 181.3 kg in the Darkhan sector of the bank and 53.7 kg in the Bayankhongor sector. However, it has decreased by 745.7 kg from August, 2019.

The Bank offered an average of MNT 128,129.80 for kg of gold in August.

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Russian President arrives in Mongolia for official visit www.montsame.mn

Ulaanbaatar /MONTSAME/. President of the Russian Federation Vladimir Putin arrived in Ulaanbaatar on the night of September 2. He is visiting Mongolia at the invitation of President of Mongolia Kh.Battulga within the framework of the 80th anniversary of the Victory of the Khalkhiin Gol Battles. At the Chinggis Khaan airport, he was welcomed by Minister of Foreign Affairs of Mongolia D.Tsogtbaatar from the Mongolian side and Ambassador of the Russian Federation to Mongolia I.K.Azizov from the Russian side.

During his official visit to Mongolia, Russian President Vladimir Putin is accompanied by Russian Foreign Minister Sergei Lavrov, Deputy Prime Minister Alexey Gordeyev, Energy Minister Alexander Novak, Defense Deputy Mnister Alexander Fomin, President of Russian Railways Oleg Belozyorov, CEO of the Russian Direct Investment Fund Kirill A. Dmitriev and heads of some Russian energy and engineering companies Rosneft, En+Group, Inter, RosGidro and Technopromexport.

Mongolian President Kh.Battulga and Russian President Vladimir Putin are set to hold official talks, exchanging views on a wide range of issues concerning the development of bilateral ties and cooperation. The two sides will also sign a renewed document between Mongolia and the Russian Federation on Friendly and Comprehensive Strategic Partnership. Following the talks, 11 agreements on bilateral cooperation of Mongolia and Russia will be signed.

The heads of state of Mongolia and Russia will also take part in a ceremony dedicated to the 80th anniversary of the joint victory of the Khalkhiin Gol Battles.

 
 
 
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Putin: Judo helps leaders of Russia, Mongolia to ‘get on same wavelength’ www.tass.com

MOSCOW, September 2. /TASS/. Russian President Vladimir Putin believes that mutual interest in judo helps him and Mongolian President Khaltmaagiin Battulga to "get on the same wavelength" and maintain efficient dialogue.

"Common interests and a similar way of thinking helped us to quickly establish mutual understanding or, as they say, get on the same wavelength," the Russian leader said in an interview to Mongolia’s Udriin Sonin newspaper ahead of his visit to the capital Ulaanbaatar, published by the Kremlin on Monday. "Today, this helps us maintain an effective dialogue and deal with important issues of bilateral cooperation in a constructive manner, and successfully implement promising projects."

"We also make an effort to meet not only at political events or economic forums, but also in the stands of judo world championships," Putin added.

The Russian president went on to say that Battulga practices judo and sambo wrestling and described him as "an internationally recognized martial arts master."

"For me, judo is not just a sport. Judo fosters one’s willpower, a respectful attitude towards others, endurance, the ability to take a hit and get out of difficult situations with dignity," Putin said.

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