1 MONGOLIAN MINING FAMILY BUYS $31.5M HONG KONG LUXURY HOME FOR RETIREMENT WWW.E.VNEXPRESS.NET PUBLISHED:2026/02/23      2 CHINESE EMBASSY DENIES TIES TO MONGOLIAN PILOT ARRESTED IN ZAMBALES WWW.FILIPINOTIMES.NET PUBLISHED:2026/02/23      3 ANCIENT DNA REVEALS GOLDEN HORDE ELITES’ MONGOLIAN ROOTS AND TIES TO CENTRAL EURASIAN POPULATIONS WWW.ARCHAEOLOGYMAG.COM PUBLISHED:2026/02/23      4 U.S. SECRETARY OF STATE MARCO RUBIO SENDS TSAGAAN SAR GREETINGS TO MONGOLIA WWW.MONTSAME.MN PUBLISHED:2026/02/21      5 INDUSTRIAL SECTOR OUTPUT INCREASES BY 55 PERCENT WWW.MONTSAME.MN PUBLISHED:2026/02/21      6 ATMOSPHERIC DISTILLATION COLUMN OF THE OIL REFINERY IS READY FOR TRANSPORTATION WWW.MONTSAME.MN PUBLISHED:2026/02/21      7 RECORD YEAR FOR EBRD’S RISK-SHARING PROGRAMME IN CENTRAL ASIA AND MONGOLIA WWW.QAZINFORM.COM PUBLISHED:2026/02/21      8 LUNAR NEW YEAR GREETINGS FROM AMBASSADORS WWW.GOGO.MN PUBLISHED:2026/02/16      9 G.ZANDANSHATAR AND RIO TINTO AGREE TO INCREASE MONGOLIA’S SHARE IN OYU TOLGOI WWW.GOGO.MN PUBLISHED:2026/02/16      10 MONGOLIA ANNOUNCES TENDER FOR BORTEEG COAL PROJECT INVESTOR WWW.MONTSAME.MN PUBLISHED:2026/02/16      РУСАЛ КОМПАНИ РИО ТИНТО-ГИЙН "ОЮУ ТОЛГОЙ"ДАХЬ ХУВЬЦААНЫ БАГЦЫГ ЦАРЦААХ ШАХАЛТ ҮЗҮҮЛЖ МАГАДГҮЙ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/02/23     2025 ОНЫ ЭДИЙН ЗАСГИЙН ӨСӨЛТ 6.8 ХУВЬТАЙ ГАРЛАА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/02/23     ЭКСПОРТЫН ОРЛОГО ЖИЛИЙН ӨМНӨХӨӨС 730 САЯ ДОЛЛАРООР ӨСЛӨӨ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/02/23     "ЭРДЭНЭС ТАВАНТОЛГОЙ” ХК-ИЙН НЭГЖ ХУВЬЦААНД 65.55 ТӨГРӨГИЙН НОГДОЛ АШИГ ОЛГОНО WWW.EAGLE.MN НИЙТЭЛСЭН:2026/02/23     ЕСБХБ-ААС МОНГОЛЫН 26 КОМПАНИД 28.5 САЯ ЕВРОГИЙН ЗЭЭЛ ОЛГОНО WWW.EGUUR.MN НИЙТЭЛСЭН:2026/02/21     ХЯТАДЫН АРДЫН АРМИД БАЙСАН МОНГОЛ ЗАЛУУГ ФИЛИППИНД ТАГНУУЛЫН ХЭРГЭЭР БАРИВЧИЛЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/02/21     ЦАГААН САР ЭДИЙН ЗАСАГТ ХЭРХЭН НӨЛӨӨЛЖ БАЙНА ВЭ? WWW.NEWS.MN НИЙТЭЛСЭН:2026/02/21     ЭЛЧИН САЙД НАР ЦАГААН САРЫН МЭНДЧИЛГЭЭ ДЭВШҮҮЛЛЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2026/02/16     ҮСХ: НЭГ ӨРХИЙН САРЫН ДУНДАЖ БОДИТ ОРЛОГО 1.9 САЯ ТӨГРӨГТ ХҮРЧЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/02/16     МОНГОЛ ЭНХИЙГ САХИУЛАГЧИД 50 ОРНЫ 300 АЛБА ХААГЧИДТАЙ ӨРСӨЛДӨЖ, ЯЛАЛТ БАЙГУУЛЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/02/16    

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Events

Англи амин дэм Монгол улсад албан ёсоор бүртгэгдлээ.

Events

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MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2025 London UK MBCCI London UK Goodman LLC

NEWS

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Greenhouse Complex Project to Be Implemented in Shuvuun Fabrik www.montsame.mn

The Governor's Office of the Capital City, in partnership with the Korea International Cooperation Agency (KOICA), will implement a USD-13-million comprehensive greenhouse farming project in Shuvuun Fabrik, located in Khoroo No. 13 of Khan-Uul District.
The project aims to establish a modern greenhouse farming infrastructure, including vegetable storage facilities, at the designated site.
Deputy Governor of the Capital City in charge of the Social Sector, Green Development, and Air and Environmental Pollution, Amartuvshin Amgalanbayar, stated, “Negotiations on this project began last year. Initially valued at USD 4 million, the cost of the project was expanded to USD 13 million based on Ulaanbaatar’s vegetable demand as well as joint research and meetings with international organizations.”
Currently, 89 entities and 445 individuals operate greenhouse farms on a total of 50.1 hectares across the capital city’s nine districts—winter greenhouses on 23.5 hectares and summer greenhouses on 26.6 hectares. While annual demand for vegetables in Ulaanbaatar city is estimated at 60,000 tons, only 2,500–3,400 tons are harvested annually.
To meet domestic demand, an additional 20 hectares of smart winter greenhouses are needed. Within the new project, 50 hectares of winter greenhouses will be established, enabling an annual harvest of 16,500 tons, sufficient to meet the capital city’s needs.
At present, Khan-Uul District accounts for 16 hectares or 32 percent of the city’s total greenhouse farming area.

 

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Prime Minister of Mongolia Resolves to Establish Economic Development Board as Permanent Body www.montsame.mn

Prime Minister of Mongolia Zandanshatar Gombojav met with members of the Economic Development Board under the Prime Minister on August 5, 2025.
At the outset of the meeting, Prime Minister Zandanshatar underscored the vital role of the private sector in shaping foundational reforms aimed at improving the business environment and attracting investment, emphasizing the need for close cooperation with taxpayers, scholars, and researchers—particularly in reforming budget and tax policies. The Prime Minister announced that the Government is preparing several key draft legislative proposals, including the Comprehensive Tax Package Law and the Law on Supporting Wealth Creators, to be submitted to Parliament in the upcoming autumn session.
President of the Mongolian National Chamber of Commerce and Industry (MNCCI), Lkhagvajav Baatarjav, noted, “Article 6.2 of the Constitution of Mongolia mandates that 'the state policy on use of the natural wealth shall be based on the long-term development policy and aim to ensure rights of each citizen in current and future generations to live in healthy and safe environment, and to fairly and equitably distribute benefits from land subsoil wealth by accumulating them into the National Sovereign Wealth Fund.' It has become necessary to provide a clear explanation of this provision to investors.”
Chairman of the Board of the Business Council of Mongolia, Tumentsogt Tsevegmid, remarked, “Creating a legal environment that reflects both domestic and international investor needs and incorporates global best practices will increase investor interest in Mongolia.”
The President and CEO of “Mongolyn Alt” (MAK) LLC, Tselmuun Nyamtaishir, highlighted longstanding challenges in the mining exploration sector stemming from rigid regulations, and stressed the need for more flexible and transparent legal frameworks to facilitate business operations.”
Board members also expressed concerns about current distortions in the social insurance system and the unequal implementation of the Value-Added Tax Law, recommending legal reforms to address these issues and improve fairness for businesses.
Prime Minister Zandanshatar stated, “The voices of business leaders, professional associations, and researchers must be reflected in decision-making and legal reform. The active engagement of members of the Economic Development Council will be key to this process. Therefore, the Government has resolved to institutionalize the Board as a permanent body.” Prime Minister Zandanshatar further instructed Minister of Finance Javhlan Bold to present upcoming legislative drafts to Council members for feedback and to ensure transparency by reporting about the reasons and justifications for rejected proposals. “The Board’s recommendations must not remain at the level of discussion—they must translate into policy decisions and concrete actions,” the Prime Minister concluded.
Representatives from the MNCCI, the Business Council of Mongolia, the American Chamber of Commerce in Mongolia, leading business enterprises, and scholars in finance and economics attended the meeting.

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Drilling resumes at Oval copper-nickel project in Mongolia www.proactiveinvestors.com.au

Asian Battery Metals PLC (ASX:AZ9) has restarted its Phase 3 drilling program at the Oval Copper-Nickel (Cu-Ni) Project in the Yambat tenement, Gobi Altai province, Mongolia. The campaign will focus on testing high-priority conductivity plates identified in recent ground-based SAMSON electromagnetic (EM) surveys.
Drilling will concentrate on the Oval, North Oval, South, and MS1 zones, aiming to expand the project’s mineralised footprint and improve structural understanding of the deposit.
Priority of FLEM Conductive Plates in North Oval and Oval Zones (white dashed outlines) on Magnetic Vertical Derivative Background.
“We are excited to recommence the drilling program at our Oval Cu-Ni project. As further ground EM measurement in the field continues, it is important for us to test the initial plates of conductivity identified from the fixed loop electromagnetic survey. This program aims to confirm the SAMSON EM surveys as an effective tool to potentially significantly expand the Oval Cu-Ni footprint,” AZ9 managing director Gan-Ochir Zunduisuren said.
SAMSON survey informs Phase 3 target areas
The restart follows a brief pause to facilitate the SAMSON EM survey, which identified several high-priority conductive plates across multiple target areas. 
The renewed drilling campaign will test these conductive responses, which are interpreted as potential indicators of massive sulphide mineralisation. 
These targets are derived from fixed-loop EM survey data and are seen as key to understanding the scale and continuity of mineralised zones at Oval. The use of SAMSON technology is part of Asian Battery Metals' broader strategy to apply advanced geophysics in its exploration workflow across Mongolia.
Looking forward
Asian Battery Metals is planning to maintain a steady pace of exploration through August and September 2025. 
The current program includes additional drilling and downhole electromagnetic (DHEM) work. 
Further fixed-loop EM surveys using varied configurations are scheduled to run until mid-August, with interpretation results to follow. 
Additionally, the company expects to receive initial metallurgical test results during August, which will inform future development options for the Oval project. 
These steps are intended to de-risk the asset and provide key data on ore processing characteristics, especially for nickel and copper recovery.
About AZ9
Asian Battery Metals PLC holds 100% ownership of several Mongolian projects including:
Yambat (Cu-Ni-PGE at Oval, Cu-Au at Copper Ridge),
Khukh Tag Graphite, and
Tsagaan Ders Lithium.
The Oval Cu-Ni-PGE Discovery is the flagship, with recent drilling confirming high-grade mineralisation and extensions of massive sulphide zones. The company is actively pursuing regional exploration while continuing to define the scale of its core discoveries.

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Financing Model for Affordable Housing to Be Presented to Cabinet www.montsame.mn

Prime Minister of Mongolia Zandanshatar Gombojav has instructed the Working Group to develop a comprehensive solution for establishing a housing bank, reforming the legal and financial frameworks, and ensuring optimal management of supply and demand in the affordable housing market. The proposal is scheduled to be presented at the Cabinet meeting on August 25, 2025.
These efforts are part of the Government’s top priorities to improve citizens’ quality of life and reduce air pollution. Prime Minister Zandanshatar underscored the urgency of addressing the backlog of mortgage loan applicants, many of whom are waitlisted for two to three years. To resolve this, the nationwide implementation of an affordable housing program will be prioritized, with solutions for optimal supply and demand management, financing, legal reforms, and international cooperation to be presented to the Cabinet meeting.
A Working Group was established by order of the Prime Minister Zandanshatar to explore the establishment of a bank dedicated to housing finance and develop a proposal to improve the accessibility and supply of affordable housing for citizens.
The Working Group is chaired by the Minister of Mongolia and Chief Cabinet Secretariat Byambatsogt Sandag, with Member of Parliament Enkh-Amgalan Luvsantseren serving as deputy chair by consensus.

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Working Group Established to Intensify Implementation of Law on National Sovereign Wealth Fund www.montsame.mn

The Law on National Sovereign Wealth Fund was adopted on April 19, 2024. Prime Minister of Mongolia Zandanshatar Gombojav met with officials to discuss matters such as the implementation of the law, revenue collection of the fund, oversight systems, negotiations on determining the state ownership percentage of strategic mineral deposits, and distribution of natural resource benefits to citizens through the fund. At the outset of the meeting, the Prime Minister noted that the Government’s National Wealth Fund policy must continue.
Taking the Constitution of the Kingdom of Norway as a model, Article 6.2 of the Constitution of Mongolia states that “the exploitation of the mineral deposits with the strategic importance shall be in compliance with the principle, under which natural wealth is to be subject to the people's control/power, and the legal basis to allot a majority of the benefits gained from it to the people shall be determined by laws." Prime Minister Zandanshatar Gombojav, emphasizing the inadequate implementation of Article 6.2 of the Constitution and the Law on National Sovereign Wealth Fund, established a Working Group led by the Minister of Mongolia and the Chief Cabinet Secretariat of the Government of Mongolia, Mr. Byambatsogt Sandag, aimed at intensifying the implementation of these laws. The Prime Minister stated that negotiations will be conducted to channel the revenues from strategic mineral deposits, explored with state budget funds, into the National Wealth Fund. If necessary, administrative measures will be taken, and a state representative will be appointed to each of the 16 strategic deposits.
Law enforcement and regulatory agencies are currently investigating how and through what processes strategic mineral deposits, explored using state budget funds, were transferred into private ownership, and whether any legal violations occurred during this process. The scope of the investigation has been expanded by establishing a joint sub-working group comprising the police, the intelligence agency, and the Independent Authority Against Corruption of Mongolia.
The Prime Minister assigned the Working Group to prepare a proposal to revise the relevant laws and present it for discussion at the autumn session of the State Great Khural (Parliament) of Mongolia, stressing the focus on ensuring citizens’ ownership of the legally designated shares of strategic mineral deposits and launching IPOs on the stock exchange to distribute the benefits to the public.
The Ministry of Finance and the Bank of Mongolia were instructed to jointly conduct a profitability assessment. The Prime Minister stated that a model must be developed that calculates the returns of the Savings Fund and the Future Heritage Fund, ensures economic benefits to the country with minimal risk, and supports solutions for pressing social issues, particularly the housing policy for citizens. Additionally, the Working Group was instructed to present the progressive and special mineral resource usage fee rates together with the comprehensive tax reform package.
It was decided that the Working Group, aimed at intensifying the implementation of the Law on the National Sovereign Wealth Fund, will work in five sub-working groups handling legal and financial matters, as well as strategic mineral deposits.
Prime Minister Zandanshatar Gombojav asserted that the returns of the National Sovereign Wealth Fund must increase, with transparent information accessible to the public and responsible monitoring. The Prime Minister assigned the Working Group to drive bold and innovative changes to implement the Sovereign Wealth Fund program, to work proactively and courageously to bring tangible improvements to the lives of the people, and to report initial results in ten days.
Minister of Mongolia and the Chief Cabinet Secretariat of the Government of Mongolia Byambatsogt Sandag, Chief Executive Officer of “Erdenes Mongol” LLC Narantsogt Sanjaa, Governor of the Bank of Mongolia Lkhagvasuren Byadran, and relevant officials from the Ministry of Finance, the Ministry of Industry and Mineral Resources, and the Ministry of Family, Labour, and Social Protection participated in the meeting.

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Mongolia Growth Group Announces Plan to Return Capital to Shareholders www.finance.yahoo.com

Mongolia Growth Group Ltd. (TSX-V:YAK, "MGG" or the "Company") announces that following a strategic review of its operations and capital structure, the Board of Directors has determined to consider various structures so that substantially all of the net assets of the company are returned to shareholders. A new letter to shareholders from Chairman and CEO of MGG, Harris Kupperman, providing additional context on the Company's decision and next steps, has been posted on the Company's website at www.mongoliagrowthgroup.com.
The Company intends to engage tax and legal counsel to best assess the method of effecting the return to shareholders.
The total amount returned to shareholders is subject to final asset sales, severances, tax reserves, regulatory clearances and any other expenses and may be completed in one or more steps.
As of June 30, 2025, the Company holds the following assets:
Approximately CAD $31.0 million - $33.0 million in cash, marketable securities and net working capital
A furnished commercial office property in Puerto Rico, with a cost basis excluding depreciation of approximately CAD $2.0 million
Full ownership of KEDM, an event-driven data subscription business
A portfolio of Russian securities, carried at a zero value due to ongoing sanctions
The Company is actively seeking buyers for its Puerto Rican real estate, KEDM, and, if feasible, its Russian securities. Parties interested in acquiring these assets are invited to submit non-binding offers, with the goal of achieving the maximum proceeds for shareholders.
In connection with the sale of the Puerto Rican property, Harris Kupperman, Chairman and CEO, has indicated his interest in acquiring the asset at a premium to the higher of the Company's cost basis or the result of an independent third-party property valuation, which is currently in progress. Any related-party transaction will be reviewed by the independent board members and will be subject to minority shareholder approval in accordance with TSXV Policy 5.9 and Multilateral Instrument 61-101, unless an exemption is available.
The Company is also in discussions with a third party regarding a potential sale of KEDM and will continue to entertain competing offers for all assets.
In light of the proposed strategic plan, the Company has paused its Normal Course Issuer Bid (NCIB) effective immediately. The Company had 25,458,699 shares outstanding as of August 4, 2025.
A committee of independent directors-Jim Dwyer, Brad Farquhar, and Rob Scott-has been appointed to oversee the Company's asset disposition and capital return process. The Board and management will be working closely with legal and tax advisors to ensure that any capital returned is done in a timely and tax-efficient manner, and consistent with shareholder interests. Any asset disposition will be subject to the Company obtaining all necessary regulatory, shareholder and third-party approvals, including the approval of the TSX Venture Exchange.

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World Bank Urges Fiscal Reforms for Mongolia's Growth www.miragenews.com

 A new World Bank report highlights the opportunity of the current mining boom to strengthen fiscal policy by advancing critical fiscal reforms in Mongolia.
Following three challenging years marked by overlapping external shocks, Mongolia has emerged with improved fiscal and macroeconomic outcomes, according to the Mongolia Public Finance Review, titled "Making this time different: Fiscal reforms for stable, sustainable, and inclusive development." Robust growth, driven by strong coal exports, has led to reduced public debt and increased external buffers while proactive debt management helped ease rollover risks, resulting in narrower bond spreads and higher sovereign credit ratings.
Despite these improvements, some underlying fiscal vulnerabilities persist. The influx of mining revenue has supported expansionary public spending, with expenditure as a share of GDP exceeding pre-pandemic levels and peer benchmarks. Quasi-fiscal operations-such as the subsidized housing mortgage scheme and off-budget transfers through state-owned enterprises-add to expansionary policies and could risk undermining recent progress.
The report identifies opportunities to enhance the efficiency of public spending. Mongolia's social assistance system contributes significantly to poverty and inequality reduction, but the system is expensive and targeting could be improved. Enhancing more equitable access to health and education while addressing disparities across regions and income groups would lay the foundation for better human capital outcomes, not just for improved well-being, but also for stronger future growth. Public investment could benefit from improved prioritization, planning and oversight, especially given the government's objective of scaling up infrastructure investment to boost future growth under the government's New Recovery Policy and action program. Although revenues are strong, tax reforms could broaden the tax base away from heavy reliance on mining revenues while enhancing progressivity and making the tax system more growth-friendly.
Such reforms would help further stabilize the economy, ease inflationary and external pressures, and create space for investments in physical and human capital. "Mongolia stands at a pivotal moment. The current economic boom creates a unique opportunity to strengthen the country's fiscal position, but also risks repeating past boom-bust cycles if reforms are delayed," said Taehyun Lee, World Bank Country Manager for Mongolia. "Now is the time to strenghten fiscal foundations, improve spending efficiency, and create space for sustainable and inclusive growth. The recently approved amended budget reflects the government's efforts to maintain fiscal prudence in the face of revenue volatility and global uncertainty."
/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.

 

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Darkhan Metallurgical Plant Reports Profit of MNT 36.7 Billion in First Half of 2025 www.montsame.mn

Minister of Industry and Mineral Resources Damdinnyam Gongor has instructed the acceleration of the implementation of the "Mongolian Steel Complex-1" project at the Darkhan Metallurgical Plant LLC.
The Government of Mongolia has resolved to establish a smelting facility at the Darkhan Metallurgical Plant, with an annual production capacity of at least one million tons of steel products. Minister of Industry and Mineral Resources Damdinyam Gongor and accompanying officials have reviewed the operations of the Plant and the preparatory progress of the project.
Chief Executive Officer of Darkhan Metallurgical Plant LLC, B. Chagnaadorj, reported, “In the first half of 2025, the company had planned to generate a net profit of MNT 21.8 billion. However, we have exceeded expectations with a net profit of MNT 36.7 billion. Furthermore, while MNT 37.9 billion was projected to be paid to the state and local budgets in the form of taxes, fees, and levies, actual contributions reached MNT 51.7 billion. All key performance indicators outlined in our business plan have been fully achieved.”
Minister Damdinyam instructed the management of the Plant to expedite the implementation of the Mongolian Steel Complex-1 project and to resolve land management and other related issues promptly. The Minister affirmed that the Government will provide full support for the project’s advancement.
The Plant aims to expand its steel production based on the proven reserves of the Tumurtei deposit and to manufacture high-quality, internationally certified products. The company aims to implement its investment plan in phases and commission the full operations of the complex by 2028.

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Oman-Mongolia Investment Partnership: Opportunities and Implications for Your Business Growth www.omanet.com

Abdulsalam bin Mohammed al Murshidi, President of the Oman Investment Authority, led a delegation to Ulaanbaatar for high-level discussions with Mongolia’s Prime Minister Gombojav Zandanshatar.
During their meeting, Prime Minister Zandanshatar emphasized Mongolia’s eagerness to strengthen relations with the Sultanate of Oman, highlighting a shared interest in developing a practical partnership focused on mutual investment benefits across key sectors.
Al Murshidi underscored the need to enhance bilateral cooperation not only in investments but also in other areas of common interest.
The Omani delegation participated in a series of official discussions with various Mongolian officials, including:
Damdinnyam Gungor, Minister of Industry and Mineral Resources
Batkhuu Edesh, Secretary General of the Ministry of Economy and Development
Ganbold Bata, Advisor and Head of the Office of the Deputy Prime Minister
V Enkhbaatar, Director General of the Investment and Trade Agency
T Munkhtor, Advisor to the Minister of Food, Agriculture and Light Industries
Conversations centered on potential investment opportunities in mining, energy, agriculture, and food production. Both sides explored possibilities for joint projects and trade facilitation, aiming to create an environment conducive to long-term investments.
The two parties agreed to enhance technical-level dialogues in the near future to establish executive frameworks for bilateral cooperation.
This official visit underscored the mutual aspiration of Oman and Mongolia to build a broad, sustainable strategic partnership, reflecting significant potential for collaboration across economic and developmental sectors.
The discussions were attended by Shaikh Abdulaziz bin Abdullah al Hinai, Ambassador-at-Large at the Ministry of Foreign Affairs, along with senior officials from both nations. — ONA
Special Analysis by Omanet | Navigate Oman’s Market
The recent high-level discussions between Oman and Mongolia highlight a strategic shift for businesses in Oman, opening avenues for investment in mining, energy, agriculture, and food production. This partnership not only presents a unique opportunity for diversification but also poses potential risks related to market adaptability and project execution in a new geopolitical landscape. Smart investors and entrepreneurs should consider delving into Mongolia’s evolving sectors, leveraging bilateral agreements to maximize growth while remaining vigilant of regional dynamics.

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Mongolia and Finland to strengthen cooperation within UN, other international organizations www.qazinform.com

Minister of Foreign Affairs of Mongolia Battsetseg Batmunkh held official talks with Minister of Foreign Affairs of the Republic of Finland Elina Valtonen as part of her official visit to the Republic of Finland on August 1, 2025, reported the Ministry of Foreign Affairs, MONTSAME reports. 
During the meeting, the two sides emphasized the dynamic development of the traditional friendly relations between Mongolia and the Republic of Finland, grounded in shared values such as mutual trust, democracy, human rights, and the rule of law. The two sides discussed possibilities for expanding cooperation in the sectors of economy, investment, renewable energy, forestry, green technology, environment, education, culture, and tourism. The Ministers of Foreign Affairs of the two countries reaffirmed their commitment to strengthening cooperation within the framework of the United Nations and other international organizations, sharing views on matters concerning regional and international affairs.
The Ministers highlighted the importance of upholding the Helsinki Principles and commitments within the Organization for Security and Co-operation in Europe (OSCE), agreeing upon further strengthening collaboration in this area. Concluding the official talks, the Ministers of Foreign Affairs of Mongolia and the Republic of Finland issued a Joint Statement.
Earlier, it was reported Mongolia and Kazakhstan are set to expand inter-parliamentary cooperation.

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