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    

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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New air route opens between Mongolia and China www.xinhuanet.com

ULAN BATOR, March 31 (Xinhua) -- Mongolia's national airline MIAT on Sunday launched a direct air route between its capital city Ulan Bator and Guangzhou, capital city of China's Guangdong Province, in an effort to expand its regional network, according to a statement on the website of the MIAT.

"The first direct flight departed from the Chinggis Khaan International Airport in the Mongolian capital of Ulan Bator to Guangzhou at 10:40 p.m. (local time)," Davaakhuu Battur, president and CEO of MIAT, said at the launching ceremony.

"I am confident that this new air route will greatly contribute to the trade, economic and tourism cooperation between Mongolia and China," he noted.

The flight runs every Thursday and Sunday, according to the company.

So far, MIAT has three direct-route destinations in China, still including Beijing and Hong Kong. Enditem

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Three North Koreans arrested www.news.mn

Three North Korean nationals have been arrested in the Russian Federation as they were trying to illegally cross the border into Mongolia. The incident took place in the village of Botsy in the south of the Republic of Buryatia, which is close to Mongolia’s Selenge province. Border security officers, from Buryatia’s Zed District, which shares frontier with Selenge, detained the group.

According to a source, the North Korean citizens planned to go to the Mongolian capital, and then to travel to third country after obtaining the necessary documents.

The North Koreans are now facing imprisonment of up to six years for illegally tried to cross the border.

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Russian banks join Chinese alternative to SWIFT payment system www.rt.com

Several Russian banks have joined the China International Payments System (CIPS), to ease operations between the two countries, according to a senior official at the Central Bank of Russia (CBR).
“As for the cooperation on payment systems, a range of banks are already connected to CIPS, allowing to facilitate payments routing procedure,” Vladimir Shapovalov, who heads a division dealing with foreign regulators at the CBR’s international cooperation department, said earlier this week during the international Russian-Chinese forum.

Meanwhile, the regulator hopes that Chinese counterparts pay more attention to Russia’s own SWIFT (Society for Worldwide Interbank Financial Telecommunication) alternative, SPFS (System for Transfer of Financial Messages), as it can further boost bilateral trade, the official added.

Russia is actively demonstrating the SPFS network, which was created in 2014 in response US threats of disconnecting Russia from SWIFT, to foreign partners, including China after its export version was finished late last year. The first system transaction involving a non-bank enterprise, was made by Russian oil major Rosneft in December 2017. Some 500 participants, with major Russian financial institutions and companies, have already joined.

On Thursday, the CBR announced that the Russian alternative to SWIFT made “significant progress” as it already complies with international standards and foreign players can be integrated in it. Some foreign banks already joined the SPFS, according to the CBR deputy governor Ksenia Yudaeva.

SWIFT is an international payment network that allows information about financial transactions to be sent and received around the globe. Over 11,000 financial institutions in more than 200 countries are connected to the network.

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Mongolia prepares for Russian president's visit www.xinhuanet.com

ULAN BATOR, March 30 (Xinhua) -- Mongolia is preparing for an official visit by Russian President Vladimir Putin, the Mongolian parliament's press office said on Saturday.

Mongolian parliament speaker Gombojav Zandanshatar made the remarks when meeting with Russian Ambassador to Mongolia Iskander Azizov on Friday.

"I am happy that bilateral ties and cooperation between Mongolia and Russia have been expanding in all sectors," said Zandanshatar. "We have already started preparations for several high-level visits between our two countries, including Putin's visit to Mongolia."

Mongolia and Russia are working to celebrate the 80th anniversary of the victory of the battle of Khalkhin Gol in summer, and Putin's visit is expected during the anniversary's celebrations.

 
 
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World Bank appoints new Country Manager for Mongolia www.montsame.mn

Ulaanbaatar/MONTSAME/. Andrei Mikhnev, a Ukrainian national, is the World Bank’s new Country Manager for Mongolia, effective April 1, 2019. Mr. Mikhnev will lead the World Bank policy dialogue with counterparts in Mongolia and manage the country program and the team based in Ulaanbaatar.

Under Mr. Mikhnev’s leadership, the World Bank will continue to support the Mongolian government’s efforts to achieve sustainable and shared growth, reduce poverty and improve public services, working closely with development partners, the private sector, and civil society.

“I am excited to work in Mongolia in the next few years and I look forward to partnering with the government of Mongolia and other key stakeholders in support of the country’s development,” said Andrei Mikhnev. “I believe that the World Bank has the expertise and financial instruments to help Mongolia continue on the path of economic growth and prosperity for all.”

As of March 2019, the World Bank's commitments in Mongolia exceeded $230 million, in credits and grants. Projects financed by the Bank cover a diverse range of sectors, including social protection and labor, energy, education, and governance. In addition to financing, the Bank provides analytical and advisory services to help inform the country’s medium and long-term development goals.
Mr. Mikhnev has more than 20 years of international experience focusing on economic development. Most recently, he led the World Bank programs in the Middle East and the Gulf countries aimed at enhancing the competitiveness and private-sector led growth in that region. Prior to that he worked on economic reforms in many countries in Latin America, Sub-Saharan Africa, South Asia, Middle East and North Africa, Europe and Central Asia.

Mr. Mikhnev holds a Ph.D. degree in international economics from Kyiv University. He speaks English, Ukrainian, and Russian fluently.
source: World Bank Mongolia

 
 
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Mongolia’s President Is Slicing Away Its Hard-Won Democracy www.foreignpolicy.com

Mongolian President Khaltmaa Battulga started his career as a wrestler—and he’s just forced Mongolian democracy into submission. In a critical vote on March 27, 82.1 percent of parliament voted to amend the existing prosecutorial system and in favor of a Law on Anti-Corruption, changes that effectively give Battulga free rein to bend the courts in his favor. That happened despite the majority of members of parliament coming from the Mongolian People’s Party—which is in opposition to Battulga’s own Democratic Party.

Since its democratic revolution in 1990, Mongolia has been a rarity in Central Asia: a democratic country where the law and the parliament truly mattered. As of now, that democracy is in peril—swept away by a charismatic president riding public anger about widespread corruption and using it to protect his own allies against the consequences of that corruption.

Mongolian citizens can submit a petition against the law, and the Supreme Court can overrule this decision as unconstitutional, but experts believe both are highly unlikely. The other two potential checks are democratic elections and peaceful protests. But by 2020, when Mongolia has its next elections, the odds of a free and fair vote may have diminished—and the appetite for public protest is small.

The new laws allow any judge to be forcibly recused from any case. Technically, these decisions will go through the National Security Council (NSC) and the Judicial General Council before reaching the president. But the NSC is made up of the president, prime minister, and the speaker, and the Judicial General Council is appointed by the president. These two institutions will never go against the president.

In Mongolia’s fraught political environment, Battulga can decide to prosecute his enemies at will because the courts are now under his control, and any justice who steps out of bounds will lose their power or be appointed to the middle of nowhere. He immediately used his new power to dismiss the general prosecutor, who oversees and appoints more than 500 other prosecutors. The law also removed the term protections around the general prosecutor and the general commissioner of the Independent Authority Against Corruption—whom Battulga immediately dismissed. He will likely replace both with his own cronies.

Munkhsaikhan Odonkhuu, a professor of law at the National University of Mongolia, described the incident as a soft coup. “Previously if you wanted to demolish a democracy you would take it with military force. Now things have changed, you just slowly chip away the constitution and judicial system to create an authoritarian regime,” he told Foreign Policy. Other lawyers echoed his fears.

The Mongolian president once had relatively little power. Key authority rested with the prime minister, representing the ruling party, and the speaker of the Great Khural, Mongolia’s parliament, who is nominated by the ruling party and then voted on by the Khural.

But Battulga’s two predecessors accumulated greater authority to themselves, and the charismatic multimillionaire, elected in 2017, has turned the post into a key one through a series of sharp political moves.But Battulga’s two predecessors accumulated greater authority to themselves, and the charismatic multimillionaire, elected in 2017, has turned the post into a key one through a series of sharp political moves.
In part that’s because of Battulga’s own background. He’s a fusion of U.S. President Donald Trump’s brash populism with Russian President Vladimir Putin’s macho image. Rather than coming from one of Mongolia’s established families, he started off as an artist and wrestler, winning gold in the Soviet 1983 World Sambo Championships. His status on the national wrestling team gave him the ability to travel and the connections to start an import-export business when the country opened up in the early 1990s. He made a small fortune through purchasing formerly state-owned hotels and broadened his real estate empire into plants and factories—while keeping up his athletic ties as a prominent backer of judo.

In the 2017 campaign, he painted himself as a champion of the people and an archetypal rags-to-riches story. He also fed off popular anger against the Chinese, Mongolia’s hated neighbors, running on a “Mongolia First” platform that emphasized his business skills. And Battulga sold himself as a successful businessman. Amid rampant corruption and an economy hamstrung by falling demand from China, it was a potent package.

 
 
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Timeline: Xi Jinping and Tibet's development www.xinhuanet.com

LHASA, March 28 (Xinhua) -- China commemorated the 60th anniversary of democratic reform in Tibet Thursday, celebrating the region's fast economic growth, stable society, favorable natural environment and progress in other sectors.

Since the 18th National Congress of the Communist Party of China (CPC), the CPC Central Committee with Comrade Xi Jinping at the core has made arrangements for social stability, border development, ecological protection and ethnic unity in Tibet and opened a new chapter of improving governance, stability and people's wellbeing there.

The following is a timeline of some key moments of Xi's engagement in promoting the development of Tibet as general secretary of the CPC Central Committee.

-- On March 9, 2013, when joining the delegation from Tibet in a panel discussion at the first session of the 12th National People's Congress, Xi said, "To govern the country well we must first govern the frontiers well, and to govern the frontiers well we must first ensure stability in Tibet."

-- In August 2014, Xi called for improvements to transport infrastructure in Tibet to boost the region's development, when marking the 60th anniversary of the opening of the Sichuan-Tibet and Qinghai-Tibet highways.

-- On April 25, 2015, a devastating earthquake in neighboring Nepal caused serious damage in several parts of Tibet. Xi called for all-out efforts to rescue the wounded, accommodate the quake-affected people and carry out the reconstruction by restoring the damaged infrastructure in a timely manner.

-- On July 30, 2015, Xi presided over a meeting of the Political Bureau of the CPC Central Committee, which discussed economic and social development in Tibet and how to ensure the autonomous region achieve prolonged stability.

-- Xi delivered a key speech at the Sixth National Symposium on Work in Tibet held on Aug. 24 and 25, 2015, defining guiding principles, objectives, and tasks in Tibet in the new era.

-- In September 2015, when the country celebrated the 50th anniversary of the founding of the Tibet Autonomous Region, a delegation from the central government presented Tibetan authorities with a plaque inscribed with Xi's words: "Enhancing ethnic unity, building a beautiful Tibet."

-- On Oct. 28, 2017, in a reply to a letter from a herding family in Lhunze County, near the Himalayas in Tibet, Xi encouraged them to set down roots in the border area, safeguard the Chinese territory and develop their hometown.

-- On Oct. 15, 2018, Xi congratulated Xizang Minzu University on the 60th anniversary of its founding in a letter and urged the university to fully implement the Thought on Socialism with Chinese Characteristics for a New Era and the spirit of the 19th CPC National Congress, promote core socialist values, and improve education quality.

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Four provinces to receive Grant Assistance for Grass-roots Projects www.montsame.mn

Ulaanbaatar /MONTSAME/ Within Grant Assistance for Grass-Roots Human Security Projects by the Japanese Government, Ambassador of Japan to Mongolia Masato Takaoka and governors of four aimags yesterday signed project agreements.

The four projects are extensions of the 4th secondary school in Ulgii soum of Bayan-Ulgii aimag, and 4th secondary school in Ulaangom soum of Uvs aimag and reconstruction of dormitory and Perpetual Education Center of the 1st secondary school in Sainshand soum of Dornogobi aimag and reconstruction of general hospital of Bayankhairkhan soum of Zavkhan aimag and the projects will be realized with total amount of USD 310.5 thousand or MNT 796.1 million.

“I am pleasant at starting grant assistance which will make contribution in development of education and medical sectors of Mongolia’s four aimags. I want to mention that it is the 19th project being implemented by the Japanese Government in Mongolia in financial year of 2018 and the 542nd project since 1990. I also happy with that the Government of Mongolia resolved to cover certain part of financing of the project when the budget of the Grass-roots projects become insufficient,” Ambassador Masato Takaoka said in his opening remarks at the ceremony.

Grass-Roots Human Security Project, which started being implemented by the Government of Japan since 1990, is a cooperation project that runs by local administration and educational and medical organizations of the developing countries.

 
 
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Australia launches Critical Minerals Strategy 2019 focused on innovation and tech www.mining.com

The Federal Government of Australia today launched the Critical Minerals Strategy 2019, aimed at putting emphasis on what politicians call “the industries of the future.” In their view, these sectors include agritech, aerospace, defense, renewable energy and telecommunications.

“We have some of the world’s richest stocks of critical minerals and while the market for some of our minerals such as lithium is relatively mature, other minerals markets such as cobalt remain largely underdeveloped in Australia,” said the Minister for Trade, Tourism and Investment, Simon Birmingham, from Kemerton, the area where Albemarle’s lithium processing plant is being built.

In Birmingham’s view, Australia needs to work a bit harder on attracting and locking-in domestic and overseas investment to get projects off the ground. “That’s why a key part of this strategy is about how industry and government agencies such as Austrade can work together to promote our potential to the world to attract more international investment, particularly in downstream projects and greenfield opportunities,” he said.

The Strategy reinforces the work of the A$100.5 million Exploring for the Future initiative, which is aimed at helping explorers target new mineralization by using high technology to observe the deepest roots of mineral systems all the way through to the surface.

The plan also supports the work of the MinEx Cooperative Research Centre, a 10-year research program with the goal to develop and deploy the next generation of drilling technology and which will receive A$20 million funding in the coming years.

The 2019 action plan contemplates that the Cooperative Research Centre for Optimising Resource Extraction consumes all of its A$34.45 million in funding by 2021 as it works on developing energy-saving and resource-expanding technology that will allow lower-grade ores to be economically and eco-efficiently mined.

The Critical Minerals Strategy also backs the Major Projects Facilitation Agency, which provides a single entry point for major project proponents seeking tailored information and facilitation of their regulatory approval requirements.

For Tania Constable, CEO of the Minerals Council of Australia, government funding for innovation, skills and investment promotion is valuable, but she believes more needs be done.

“Investment in the next wave of base metal and critical commodity mines and processing plants is not guaranteed, as Australia faces growing competition to attract international capital. The resources industry needs to convert this potential into lasting economic benefits,” Constable said in a media statement.

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Mongolia Launches NAP to Support Animal Husbandry, Water Management www.sdg.iisd.org

20 March 2019: The Government of Mongolia has launched its National Adaptation Plan (NAP) process to strengthen climate-resilient development, with support from the Green Climate Fund (GCF) and the UN Environment Programme (UNEP).

Mongolia’s annual mean air temperature increased by 2.24°C from 1940 to 2015, triple the global average; thus, the impacts have been particularly significant, especially in rural communities.

Over the next three years, Mongolia will benefit from almost USD 3 million in GCF financing to support the development of resilience in such vulnerable sectors as animal husbandry, arable farming, water resource management and forestry. The GCF is helping to establish, strengthen and promote access to green finance in Mongolia.

The NAP project builds on support already provided by the Global Environment Facility (GEF)-financed NAP Global Support Programme (NAP-GSP), which has supported Mongolia since 2013 to identify technical, institutional and financial needs to integrate climate change adaptation into medium- and long-term national planning and financing. NAP-GSP is a joint programme by the UN Development Programme (UNDP) and UNEP to assist developing countries to advance NAPs. [UNDP Press Release]

 
 
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