1 MONGOLIA RECORDS USD 16.6 BILLION IN TRADE WWW.MONTSAME.MN PUBLISHED:2025/09/11      2 GOVERNMENT REPORTS OPERATIONAL IMPROVEMENTS AT ERDENES TAVANTOLGOI UNDER SPECIAL REGIME WWW.MONTSAME.MN PUBLISHED:2025/09/11      3 DIESEL LOCOMOTIVE CONVERTED TO HYBRID LOCOMOTIVE IN MONGOLIA WWW.RAILLYNEWS.COM  PUBLISHED:2025/09/11      4 MONGOLIA REVEALS ITS UNTAMED BEAUTY AND RICH CULTURE THROUGH THE EYES OF DUTCH TOURISTS ON AN UNFORGETTABLE ADVENTURE WWW.TRAVELANDTOURWORLD.COM  PUBLISHED:2025/09/11      5 ROBOTIC MILITARY DOG TRAINING FEATURED IN CHINA-RUSSIA-MONGOLIA BORDER DEFENSE EXERCISE WWW.NOVINITE.COM  PUBLISHED:2025/09/11      6 MONGOLIA DEPLOYS 15TH BATTALION’S SECOND CONTINGENT TO UN MISSION IN SOUTH SUDAN WWW.MONTSAME.MN PUBLISHED:2025/09/11      7 THE MONGOLZ RANKINGS RISE TO SECOND WORLDWIDE WWW.MONTSAME.MN PUBLISHED:2025/09/10      8 CHABOT MOBILITY JOINS MONGOLIA VOYAGER PROJECT TO EXPORT K-MOBILITY INFRASTRUCTURE WWW.BIZ.CHOSUN.COM  PUBLISHED:2025/09/10      9 "OYUT" COPPER DEPOSIT WITH 1.1 MILLION TONS OF PURE COPPER DISCOVERED WWW.GOGO.MN PUBLISHED:2025/09/10      10 CHINA-RUSSIA-MONGOLIA BORDER DEFENSE COOPERATION 2025 JOINT EXERCISE KICKS OFF WWW.ENG.CHINAMIL.COM.CN  PUBLISHED:2025/09/10      ЗАСГИЙН ГАЗРЫН WWW.D-GOV.MN ЦАХИМ СИСТЕМ ӨНӨӨДРӨӨС АЖИЛЛАЖ ЭХЭЛЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/11     ТӨМӨРТЭЙН ОВООНЫ ЦАЙРЫН ОРДЫН ТУСГАЙ ЗӨВШӨӨРЛИЙГ АЛБАН ТУШААЛТНУУД ХУВИЙН КОМПАНИДАА ШИЛЖҮҮЛЭН АВСАН ҮЙЛДЛИЙН УЛМААС ТӨРД УЧРУУЛСАН ХОХИРЛЫГ НЭХЭМЖЛЭХЭЭР БОЛОВ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/11     ТӨСВИЙН АЛДАГДАЛТАЙ АЛБАН ТУШААЛТНЫГ ЧӨЛӨӨЛНӨ WWW.NEWS.MN НИЙТЭЛСЭН:2025/09/11     ДҮҮЖИН ЗАМЫН ТЭЭВЭР ТӨСӨЛД 2 ТЭРБУМААР ЗӨВЛӨХ ҮЙЛЧИЛГЭЭ АВНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/09/11     ИПОТЕКИЙН БАНК БАЙГУУЛАГДАХААС ӨМНӨ САНХҮҮЖИЛТИЙГ ЗАСГИЙН ГАЗАР РУУ ШИЛЖҮҮЛНЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/09/10     Р.ЧИНГИСИЙГ ДОТООДЫН ЦЭРГИЙН ЕРӨНХИЙ КОМАНДЛАГЧААР ТОМИЛНО WWW.NEWS.MN НИЙТЭЛСЭН:2025/09/10     БИРЖИЙН НҮҮРСНИЙ ЭКСПОРТ 739 МЯНГАН ТОНН БОЛЖ, ӨМНӨХ САРААС ХОЁР ДАХИН ӨСЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/10     “ЭРДЭНЭС ТАВАНТОЛГОЙ” ХК НҮҮРС БАЯЖУУЛАХ ҮЙЛДВЭРЭЭС ГАРЧ БУЙ ХАЯГДАЛ НҮҮРСИЙГ ДАХИН БОЛОВСРУУЛНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/10     ХАЛЗАН БҮРЭГТЭЙН ОРДЫН АСУУДЛААРХ СОНСГОЛД ХОВДООС 50 ХҮН ОРОЛЦУУЛАХ ХҮСЭЛТ ГАРГАЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/09/10     “УЛААНБАДРАХ 300 МВТ ЦАХИЛГААН СТАНЦ” ТӨСЛИЙН ТЭЗҮ-ИЙГ МЭРГЭЖЛИЙН ЗӨВЛӨЛӨӨР ХЭЛЭЛЦҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/10    

Events

Name organizer Where
MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2024 London UK MBCCI London UK Goodman LLC

NEWS

64x64

Mongolia leads in organizing TV classes for children www.montsame.mn

Ulaanbaatar /MONTSAME/. In correlation with the spread of the novel coronavirus, most countries of the world have closed schools and kindergartens. For this reason, currently 29 countries are bringing the classes online.

Due to the virus, a total of 584 million children are staying at home worldwide, and the countries of Mongolia, China, and Korea are leading in organizing TV classes for children, highlighted Deputy Minister of Education, Culture, Science, and Sports G.Ganbayar.

Co-produced by the Ministry of Education, Culture, Science, and Sports, and the Mongolian TV Channels’ Association, online and TV classes for children in kindergartens and secondary schools are successfully being broadcast across the country.

This week, TV classes for the General Entrance Exams have begun to be broadcast on the channels of the Mongolian TV Channels’ Association.

...


64x64

Gold price drops more than $80 an ounce www.mining.com

Gold could not escape the carnage on global financial markets on Thursday as the growing panic about the spread of coronavirus infections outside China saw the precious metal suffer one of its worst one-day drops on record.

Gold for delivery in April dropped at the open on the Comex market in New York and kept declining – hitting a day low of $1,560.40 an ounce just before midday, down $81.90 an ounce or 5% compared to Wednesday’s close.

In early afternoon trade the price climbed back above the $1,600 level, before weakening again to trade $70 down by 4:30pm with 55 million ounces of gold changing hands.

On Monday gold hit a seven-year high of $1,704.30 an ounce and remains up $37 year-to-date on the back of record-breaking ETF buying. Global gold-backed ETFs had $4.9 billion or 84.5 tonnes of net inflows in February, boosting holdings to new all-time highs of 3,033 tonnes.

Wild swings
Thursday was the biggest intra-day drop in the price since April 15, 2013 when gold was also trading in the mid-$1,500s. Gold ended that day more than $87 below the previous closing – and never recovered on its way to $1,050 an ounce three years later.

In that session, 10 million ounces traded within 30 minutes – described as a “shock and awe” trading strategy by a short seller.

Gold hit a record $1,909 an ounce intra-day on 23 August 2011, but the next day suffered one of its few triple digit one-day losses when it plummeted $105, ending the week down more than 10% from the all-time high.

Adjusted for inflation, gold’s highest price point ever was on January 21, 1980 when the precious metal hit $850, only to plunge the very next day to $737.50, a 13% fall.

The biggest fall in percentage terms came in February 1983, when the yellow metal fell from $475 to $408.50 over two days, a 14% decline.

 
 
...


64x64

120 people who contacted French man test negative for coronavirus www.news.mn

A 59-year-old French national, was confirmed Covid-19 positive on Tuesday 10 March, being the first case in coronavirus-free Mongolia. He is now undergoing treatment at the National Centre for Communicative Diseases. The French patient is reported as being‘mentally unstable’.

According to health officials, a total of 126 people who had direct contact with the man, have been tested negative on coronavirus. So far 500 people have been identified as having had contact with this individual.On 11 March, 26 tests sent from Dornogobi province to Ulaanbaatar were coronavirus free.

As reported, a British national who sat next to the Frenchman on the plane from Moscow has been quarantined in Uvs Province; his Covid-19 test is on way to Ulaanbaatar and information about people who having direct contact with him will be revealed tomorrow.

The French father of two, who had been in Mongolia since 2 March, where he had arrived from Moscow on an Aeroflot flight. At the airport, he was advised to quarantine himself because he had a fever; this he ignored, going to cafes and restaurants in Ulaanbaatar and finally getting the train to Dornogobi on 7 March.As soon he was confirmed having coronavirus, he was put into quarantine on 10 March at the base of the Badrakh Energy Company, located in the Ulaanbadrakh Soum, where he worked. The French man was transferred to Ulaanbaatar from Dornogobi Province early on Wednesday (11 March).

...


64x64

Шатахууны үнэ хэрхэх вэ www.eagle.mn

Газрын тосны “акул”-уудын маргаан шатах, тослох материалаа гадаадаас 100 хувь импортолдог манай улсад ашигтай тусах нь. Дэлхий нийтэд шинэ коронавирус буюу үхлийн аюулт цар тахал тархсанаар улс орнуудын эдийн засаг царцаж эхлэв. Ялангуяа “ёроолгүй сав” шиг хэрэглээтэй Хятадын зах зээл удааширлаа. Эдийн засгийн идэвх сулрахаар бараа, бүтээгдэхүүний эрэлт багасах нь зах зээлийн зүй тогтол юм. Жамаараа яваа энэ л зүй тогтолын дагуу улс орнуудын шатах, тослох материал, шатахууны эрэлт буурав. Эрэлт хэрэглээ буурахаар бүтээгдэхүүний үнэ хямдардаг. Дэлхийн зах зээлд шатахууны гол түүхий эд газрын тосны үнэ нэгдүгээр сарын эхээр 68 орчим ам.доллартой дүйж байв. “Ковид-19” вирус тархсанаар эрэлт нь буурч, нефтийн ханш “уруудсан”. Энэ сарын эхээр нефтийн ханш 50 ам.доллартой дүйлээ. Мөнөөх “акул”-ууд энэ л үед газрын тосны олборлолтоо хэрхэж, үнийн зохицуулалт хийх вэ гэдгээ ярилцав.

ОПЕК-ийн гишүүн болон гишүүн бус орнууд өнгөрсөн долоо хоногт хуралдсан. Эл хуралд газрын тосны олборлолтоороо тэргүүлдэг бүх орон оролцжээ. ОПЕК-оос өдөрт олборлох газрын тосоо 1.5 сая баррелиар бууруулах санал гаргасан байна. Гэтэл ОХУ, Казахстан газрын тосны олборлолтоо бууруулахгүй гэдгээ шулуухан мэдэгдсэн гэнэ. Ингээд хурал ямар ч үр дүнд хүрэлгүй таржээ. Үр дүнгүй хурлын дараа Саудын Араб газрын тосны олборлолтоо нэмэхээ зарлалаа. Газрын тосны олборлолтоороо дэлхийн тэргүүлдэг тус улс ОХУ-тай “үнийн дайн” эхлүүлсэн нь энэ. Уг шийдвэрийн дараа газрын тосны үнэ хэдхэн хоногт баррель нь 38 “ногоон”-д хүртлээ хямдраад байна. “Голомт” банкны шинжээч Г.Мөнх-Эрдэнэ “ОХУ баррель газрын тосны энэ оны жишиг үнийг 30 ам.доллар гэж тогтоосон мэдээлэл бий. Тиймээс оросууд газрын тосны үнэ хямдарсан ч эдийн засагт нь нөлөөлөхгүй учраас болгоомжлохгүй байна. Хэрэв ОХУ олборлолтын хэмжээгээ бууруулахгүй бол нефтийн үнэ энэ онд 30 орчим ам.долларт хэлбэлзэх болов уу” гэв.

Газрын тосны үнэ өдгөө өнгөрсөн оныхоос хоёр дахин буураад байна. Ийнхүү Монголын зах зээлд шатахууны үнэ хямдрах боломж бүрдэв. Уул уурхай, хүнд үйлдвэрийн сайд Д.Сумъяабазар газрын тосны үнэ унаснаар шатахууныг хямдруулах зах зээлийн бодит нөхцөл үүссэнийг олон нийтэд тайлбарлаж буй. Дэлхийн зах зээлд газрын тосны үнэ огцом буурангуут л нийгмийн сүлжээгээр “Импортлогчид бензиний үнийг даруйхан бууруулах ёстой” гэж шаардаж эхлэв. Шатахууны үнэ буурах урьдач нөхцөл нэгэнт бүрдсэн нь үнэн. Харин санааны зоргоор нефтийн ханш уруудангуут маргааш нь шатахууныхаа үнийг доошлуулчих боломж байдаггүй. Дэлхийн зах зээл дэх газрын тосны үнийн хэлбэлзлийн нөлөө сарын дараа манай улсад бодитоор тусдаг онцлогтой.

Үүнийг илүү дэлгэрүүлж тайлбарлая. Манай улс сүүлийн жилүүдэд Сингапурын таваарын биржид тухайн сард тогтсон газрын тосны ханшийг харгалзан тусгай итгэлцүүрийн дагуу тооцсон үнээр ОХУ-аас шатахуун худалдан авч байгаа. Өөрөөр хэлбэл, Сингапурын биржид өнгөрсөн сард тогтсон газрын тосны дундаж ханшийг жишиг болгосон үнээр импортлогчид энэ сард шатахуун худалдан авч буй юм. Компаниуд энэ сард худалдаж авах шатахууныхаа захиалгыг аль хэдийнэ өгөөд, мөнгөө шилжүүлчихсэн байгаа биз. Дэлхийн зах зээлд өнгөрсөн сард баррель газрын тосны үнэ дунджаар 60 ам.доллар байсан гэж тооцъё. Тэгвэл үүнтэй жишсэн үнээр шатахуунаа худалдаж авсан байж таарна. Тэгэхээр өндөр өртгөөр авсан шатахуунаа тэд энэ сард үнэтэй л зарна гэсэн үг. Харин дараагийн сарын ханш бага байх нь ойлгомжтой боллоо. Газрын тосны энэ сарын дундаж ханшийг жишиг болгосон үнээр импортлогчид ирэх сард ОХУ-аас шатахуун авна. Хойд хөршийнхөн энэ сарынхаас бага үнэ манайханд санал болгох нь тодорхой. Ингэхээр шатахууны үнэ ирэх сард буурах нь гэж ойлгох хэрэгтэй юм.

Газрын тосны үнэ бараг хоёр дахин буурсан учраас шатахууны үнэ төдий хэмжээгээр хямдрах ёстой гэж муйхарлаж болохгүй. Манай зах зээлд шатахууны үнийг тогтооход газрын тосныхоос гадна ам.долларын ханш чухал нөлөөтэй. Учир нь манай улс шатахуунаа ОХУ-аас ам.доллароор тооцож худалдан авдаг. Дотоодын зах зээлд “ногоон”-ы ханш өссөөр байвал шатахуун худалдаж авах төгрөгийн хэмжээ нэмэгдсээр байна гэсэн үг. Импортлогчид шатахуунаа ам.доллароор худалдаж авдаг хэрнээ төгрөгөөр борлуулдаг учраас тэр. Бүтээгдэхүүн худалдаж авдаг валютынх нь ханш өсөхөөр борлуулах буюу төгрөгөөр илэрхийлэх үнийг нэмэхээс өөр замгүй.

Ам.долларын ханш өнгөрсөн оны аравдугаар сараас хойш 100 гаруй төгрөгөөр чангарч, 2780-д хүрэв. “Ногоон”-ы ханш төгрөгийн эсрэг ямх ямхаар чангарсаар л байна. Монголбанк ч төгрөгийн ханшийг аажмаар сулруулах бодлого баримталж буйгаа нуухаа больсон. Тэгэхээр ам.долларын ханш цаашид ч өснө гэсэн хүлээлт давамгайлах нь. Ерөнхийдөө зүг нь тодорхой гэсэн үг. Тиймээс газрын тосны буурсан, ам.долларын өссөн ханшийн зөрүүг тооцож, шатахууны үнэ хямдарна гэсэн үг. Шатахууны үнэ одоогийнхоос ирэх сард хэдэн хувиар хямдрах бол. ОХУ-аас ирүүлэх үнийн санал, ам.долларын ханшийн өсөлт хэрхэхээс шалтгаалж шатахууны үнийг нь дамжиггүй. Шинжээчид шатахууны үнэ 10-20 орчим хувиар хямдрах болов уу гэж таамаглаж байгаа. Гэхдээ газрын тосны үнэ энэ сард буцаад өсчихвөл хямд шатахуун худалдаж авах найдлага тасарч мэднэ. Эдийн засгийн нөхцөл тодорхойгүй байгаа учраас зах зээлд ямар ч өөрчлөлт гарч, байдал хаашаа ч эргэж магадгүй.

Газрын тосны ханш хямдарч буй дотоодын зах зээлд шатахууны үнийг хямдруулах сайн нөлөөтэй. Шатахууны үнэ хямдарвал өргөн хэрэглээний бараа, бүтээгдэхүүний үнэ тогтворжих сайн талтай. Мөн гадаад худалдааны ашиг нэмэгдэж, цаашлаад төлбөрийн тэнцлийн дарамтыг бууруулна. Энэ нь ам.долларын ханшийн өсөлтийг сааруулаад зогсохгүй бууруулах нигууртай. Газрын тосны үнэ хямдарсан нь эдийн засгийн гинжин хэлхээгээр дамжин монголчуудад ийм таатай нөлөө үзүүлэх нь ээ. Дахин сануулахад, импортлогчид шатахууны үнээ даруй бууруулахгүй л болов уу.

Эх сурвалж: unuudur.mn

...


64x64

Mongolia temporary cancels International service in March 2020 www.routesonline.com

The Mongolian State Emergency Commission on Tuesday (10MAR20) has decided to cancel all International service at least until the end of March 2020, reported by Mongolian News Agency Montsame. As a result, MIAT has cancelled all scheduled service, only operating evacuating flights for the interim until 28MAR20.

Ulan Baatar – Bangkok 29FEB20 – 28MAR20 2 weekly cancelled
Ulan Baatar – Beijing Capital 02FEB20 – 28MAR20 5 weekly cancelled
Ulan Baatar – Busan 27FEB20 – 28MAR20 2 weekly cancelled
Ulan Baatar – Hong Kong 02FEB20 – 28MAR20 2 weekly service cancelled
Ulan Baatar – Moscow Sheremetyevo – Berlin Tegel 11MAR20 – 28MAR20 2 weekly cancelled
Ulan Baatar – Seoul Incheon 25FEB20 – 28MAR20 7 weekly reservation closed
Ulan Baatar – Tokyo Narita 23FEB20 – 28MAR20 4 weekly cancelled (Original plan: Reduce from 5 to 4 weekly 23FEB20 – 28MAR20)

Other Mongolian carriers including Aero Mongolia, Eznis Airways and Hunnu Air already cancelled all international service. Reported yesterday on Airlineroute, Aero Mongolia and Hunnu Air both stated the cancellation of all domestic service from 10MAR20 to 16MAR20. As Mongolian Authority issued the new guidance, following foreigner carriers also cancels service to Mongolia until 28MAR20. Asiana Airlines and Korean Air previously scheduled to resume Ulan Baatar service from 11MAR20.

Aeroflot
Moscow Sheremetyevo – Ulan Baatar 11MAR20 – 28MAR20 4 weekly cancelled

Air Busan
Busan – Ulan Baatar 25FEB20 – 28MAR20 2 weekly cancelled (already in effect)

Asiana Airlines
Seoul Incheon – Ulan Baatar 25FEB20 – 28MAR20 3 weekly cancelled

Korean Air
Seoul Incheon – Ulan Baatar 26FEB20 – 28MAR20 6 weekly cancelled

SCAT
Nur-Sultan – Ulan Baatar 08MAR20 – 02MAY20 2 weekly cancelled

Turkish Airlines
Istanbul – Ulan Baatar 11MAR20 – 29MAR20 3 weekly cancelled

...


64x64

First COVID-19 patient in Mongolia transferred to capital www.xinhuanet.com

ULAN BATOR, March 11 (Xinhua) -- A French national, who became the first confirmed case of COVID-19 in Mongolia, has been transferred to the National Center for Communicable Disease (NCCD) in the Mongolian capital of Ulan Bator, a local health official said Wednesday.

"The French man aged 57 has been transferred to the NCCD from the country's southeastern Dornogovi province. The patient is now in serious condition," Dulmaa Nyamkhuu, head of the NCCD, told a press conference.

"Our doctors are doing everything possible to cure him," he added.

On March 2, more than 100 passengers who arrived by plane in Mongolia with the patient, and other people who have contact with him have tested negative for the virus, according to the NCCD.

...


64x64

Russia, Mongolia Suspend Railway Travel www.rustourismnews.com

In accordance with a notification from Ulan Bator Railways (UBJ – Mongolia Railways), passenger trains through the Naushki-Suhe-Bator border crossing are being suspended from 10 March 2020 until further notice in order to prevent the spread of the new coronavirus infection to Mongolia (2019-nCoV).

Train No. 5/6 Ulan-Bator – Moscow operated by Ulan Bator Railways, as well as trains No. 305/306 operated by the Federal Passenger Company and Ulan Bator Railways, are also being suspended.

An announcement will be made when passenger services are resumed.

Unused tickets for cancelled trains and trailer carriages can be returned without incurring any additional charges and fees.

Passengers must apply for a refund at the place where they purchased their tickets. If the withdrawal from travel takes place in a country where the passenger does not have citizenship, s/he must apply to the respective railway ticket office and have it stamped with special mark showing the cancellation of the train in order to receive the subsequent refund.

Passengers can find obtain detailed information on the procedure for receiving refunds for their unused tickets and train timetables from the 24-hour phone number of the Unified Information Service Centre of Russian Railways on 8 (800) 775-00-00 when calling from within Russia and on 7 (499) 605-20-00 from abroad.

...


64x64

BoM decreases its policy rate to 10 percent www.montsame.mn

Ulaanbaatar /MONTSAME/. At its regular meeting held today, the Monetary Policy Committee of the Bank of Mongolia (BoM) made a decision to reduce the policy rate to 10.0 percent, reducing it by 1.0 percentage point. Moreover, the committee lowered the reserve requirement ratio of tugrug by 2.0 percentage point to 8.5 percent and set the interest rate corridor to +1 and -1 percentage points on the policy rate.

The Monetary Policy Committee issued a series of policy decisions to support financial intermediation, reduce the cost of banks' funding sources and intensify economic activities.

The decision is aimed at maintaining economic and financial stability without damaging the inflation target.

As of January, the annual inflation rate was 5.6 percent for Mongolia, while it was 6.0 percent in Ulaanbaatar city. Demand-based inflation has a tendency to remain steady while economic growth is likely to slow down. On the other hand, the slowdown in the supply of certain imported foods could cause supply-based fluctuation in inflation.

In addition, there is a risk that external demand and commodity prices could decrease, foreign and domestic economic activity weaken and economic growth continues to slow down as COVID-19 increases uncertainty in economy.

In the future, its impact on the economy will largely depend on cope and duration of the COVID-19 spread and the measures taken against it. Despite the increasing risks of declining export revenue, downward trend in consumer imports continues and the rapid drop in oil prices in the world market will ease the pressure on the tugrug, according to the BoM.

...


64x64

‘Circle of Sky’ and ‘Cable Car’ projects to be implemented www.montsame.mn

Ulaanbaatar /MONTSAME/ At its regular meeting held on March 10, the Cabinet resolved to implement ‘Circle of Sky’ and ‘Cable Car’ projects that reflected in ‘Vision-2050’ policy document and a general plan to develop Ulaanbaatar city until 2040. Minister of Road and Transport Development B.Enkh-Amgalan presented the projects to the reporters.

Based on research conducted by ‘City Road’ company, 6-12 m high, over 10 km long toll road with two flows, four lanes and 27 entrance and exit points will be built in ‘A’ area of Ulaanbaatar city. The flyover highway will be built in routes Sansar safety island-East 4-way intersection-Narantuul-Dunjingarav-National Garden Park-Khan-Uul district-Narny bridge-West 4-way intersection-Geser Monastery-100 ail- Sansar traffic circle. By implementing the project, it is expected to reduce traffic congestion by 46.5 percent and air pollution by 20 percent.

The Minister said that it is possible to cover the funding of the project worth USD 800 million within six years with payment of USD 1 from each public transport vehicle that would travel on the road. The road will be built under 25-year concession agreement with design-build-operate-transfer condition. Also the project is available to be implemented in 2-3 years.

Furthermore, ‘Cable car’ project which has already introduced in largest cities such as New York, Moscow and Ankara will be realized. Regarding with implementation of the project, the Cabinet resolved to consult a draft resolution on intergovernmental financial agreement related to the project with the relevant Parliamentary Standing Committee. In case the draft is supported, the project will start with loan investment worth EUR 60.7 million from the Government of the French Republic.

Moreover, it is planned to build 4.9 km long air way with three stations in route Bayankhoshuu intersection – Khaniin material- the National Traumatology and Orthopedics Center and 5.4 km long air way with three stations in route Doloon buudal-Dari Ekh- Sansar traffic circle. As a result, it allows passengers to cross 4.9 km road from Bayankhoshuu to the National Traumatology and Orthopedics Center in 16 minutes and it is calculated that 22 thousand people are possible to travel per day. It was also reflected in the draft resolution on financial agreement that the loan of EUR 60.7 million would have 40 years of repayment term, annual interest of 0.0076 percent and would be exempted from basic payment in the first 12 years.

The Capital City Government Office is making the project planning and its feasibility study, mentioned the Minister.

...


64x64

Exports of mineral products drop by 22.5 percent www.montsame.mn

Ulaanbaatar /MONTSAME/ Revenue from exports of mineral products reached USD 639.7 million in the first two months of this year, showing a decrease by 22.5 percent from the same period of 2019. Iron ore export went up by 20 percent or reached 1.43 million tons, earning USD 98.9 million.

Copper concentrate export dropped by 16 percent in the first two months and reached 192.2 thousand tons. In monetary terms, it lowered by around 30 percent, reaching USD 219 million, reports the Customs General Administration.

Despite export of Oyu Tolgoi has not been interrupted in regard with border quarantine, export of copper concentrate dramatically declined, reports Oyu Tolgoi LLC.

While, export of zinc increased by 7 percent, reaching 26.4 thousand tons or USD 35.5 million. But price of zinc is falling due to the spread of COVID-19 infections, reports ‘Tsairt Mineral’ LLC, one of the main exporters.

Furthermore, coal export lowered by 35 percent or reached 2.6 million tons. In fiscal terms, it decreased by 34 percent, earning USD 218.2 million. According to the decision of the State Emergency Commission, coal export through Shiveekhuren and Gashuunsukhiat border checkpoints will resume from March 15. In the period of quarantine, the condition has been created for 200 trucks to cross out a day at the Shiveekhuren border crossing, reports the Ministry of Mining and Heavy Industry. The four companies conducting extraction in Nariinsulkait mine agreed to cover MNT 100-170 million, required for preventive and disinfection works againstr COVID-19 infections.

Regarding petroleum export, it dropped triple in monetary terms, reaching USD 16.9 million, reports the Customs General Administration.

...