1 DRAFT LAW ON RECALLING MEMBER OF PARLIAMENT INITIATED BY PRESIDENT TO BE SUBMITTED TO PARLIAMENT WWW.MONTSAME.MN PUBLISHED:2026/03/01      2 PM ZANDANSHATAR: GOVERNMENT TO IMPLEMENT PHASED POLICY REFORMS WWW.MONTSAME.MN PUBLISHED:2026/03/01      3 MOU SIGNED TO REDUCE MEDICINE SUPPLY DISRUPTIONS WWW.MONTSAME.MN PUBLISHED:2026/03/01      4 GROUNDWATER AND FLOOD PROTECTION PROJECT TO BE IMPLEMENTED IN SIX CENTRAL DISTRICTS WWW.MONTSAME.MN PUBLISHED:2026/03/01      5 MONGOLIA’S FOREST COVER CONFIRMED AT 8.71 PERCENT WWW.MONTSAME.MN PUBLISHED:2026/03/01      6 'TUUL' WATER COMPLEX DESIGNED TO STORE 50–100 MILLION CUBIC METERS OF WATER WWW.MONTSAME.MN PUBLISHED:2026/03/01      7 N.TAVINBEKH RELEASED ON BAIL WITH BORDER-EXIT RESTRICTION WWW.GOGO.MN PUBLISHED:2026/03/01      8 JAPAN WILL ASSIST MONGOLIAN IT COMPANIES IN THEIR EFFORTS TO ENTER FOREIGN MARKETS WWW.OPEN.KG PUBLISHED:2026/02/27      9 SECURITIES TRADING TRANSACTIONS INCREASED BY MNT 61.5 BILLION WWW.MONTSAME.MN PUBLISHED:2026/02/27      10 MONGOLIA’S GEOLOGICAL POTENTIAL AND ITS ROLE IN THE GLOBAL MINERALS SUPPLY CHAIN HAVE LONG BEEN RECOGNISED WWW.MININGINSIGHT.MN PUBLISHED:2026/02/27      Т.АЮУРСАЙХАН: Л.ОЮУН-ЭРДЭНЭ ЗАХИАЛЖ, НАМАЙГ ХИЛСЭЭР ЯЛЛУУЛСАН WWW.ITOIM.MN НИЙТЭЛСЭН:2026/03/01     ХӨРСНИЙ УС, ҮЕРИЙН ХАМГААЛАЛТ ТӨСЛИЙГ НИЙСЛЭЛИЙН ТӨВИЙН ЗУРГААН ДҮҮРЭГТ ХЭРЭГЖҮҮЛНЭ WWW.GOGO.MN НИЙТЭЛСЭН:2026/03/01     "МОПЕД, СКҮҮТЭРИЙГ 16 НАС ХҮРСЭН ХҮНД ТҮРЭЭСЛҮҮЛНЭ" WWW.EAGLE.MN НИЙТЭЛСЭН:2026/03/01     ОЙРХИ ДОРНОДОД 281 МОНГОЛ ИРГЭН ОРШИН СУУЖ БАЙНА WWW.NEWS.MN НИЙТЭЛСЭН:2026/03/01     Ж.ДЭЛГЭРЖАРГАЛ: ТӨСВИЙН ХӨРӨНГӨ ОРУУЛАЛТ ТООНООС ЧАНАР РУУ ШИЛЖИЖ БАЙГАА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/03/01     ОЮУ ТОЛГОЙН ЭКСПОРТЫН ЗЭСИЙН БАЯЖМАЛД ЯМАР ХЯНАЛТ ХИЙДЭГ ВЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/03/01     ОУВС-ГААС ТӨРИЙН АЛБАН ХААГЧДЫН ЦАЛИН ХӨЛС, ТЭТГЭВРИЙН СИСТЕМД ШИНЖИЛГЭЭ ХИЙЖ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/02/27     Н.ТАВИНБЭХИЙГ БАТЛАН ДААЛТАД ГАРГАЖ, ХИЛИЙН ХОРИГ ТАВЬЖЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2026/02/27     ҮНЭТ ЦААСНЫ АРИЛЖААГААР ХИЙСЭН ГҮЙЛГЭЭ 61.5 ТЭРБУМ ТӨГРӨГӨӨР НЭМЭГДЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/02/27     ХХБ BPIFRANCE‑ТАЙ МОНГОЛ УЛСЫН АГААРЫН НАВИГАЦИЙН ҮЙЛЧИЛГЭЭГ ШИНЭЧЛЭН САЙЖРУУЛАХ САНХҮҮЖИЛТИЙН ГЭРЭЭ БАЙГУУЛЛАА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/02/27    
Англи амин дэм Монгол улсад албан ёсоор бүртгэгдлээ.

Events

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

NEWS

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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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Inter-Parliamentary Union to support Mongolia's efforts to enhance gender equality www.akipress.com

Chairman of the Parliament of Mongolia Amarbayasgalan Dashzegve and President of the Inter-Parliamentary Union (IPU) Tulia Ackson held an official meeting on July 31, Montsame reported with reference to the Media and Public Relations Department of the Parliament of Mongolia.
The Chairman of the Parliament of Mongolia expressed gratitude for the cooperation with and support from the IPU and member countries in strengthening democracy and refining legislative activities.
Amarbayasgalan Dashzegve highlighted that, following the mixed electoral system implemented according to the revised Constitution of Mongolia, the number of Parliament Members increased to 126, 32 of whom are women, noting that this made Mongolia one of the leading countries in Asia in terms of women's participation in Parliament, marking notable progress toward achieving the goals set by the IPU.
Chairman Amarbayasgalan stated that an initiative proposal is under preparation to establish an advisory body on Land Degradation and Desertification under the Standing Committee on Sustainable Development of the IPU in connection with the 17th Session of the Conference of the Parties (COP17) to the United Nations Convention to Combat Desertification (UNCCD) to be held in Mongolia, expressing confidence that the IPU will actively support this initiative.
President of the IPU Tulia Ackson emphasized the IPU's support for Mongolia's efforts to enhance gender equality, noting that cooperation between Parliaments and the IPU plays a vital role in fostering an equal and accessible future for all.
President Tulia Ackson, who works focusing on matters of strengthening women and enhancing gender equality, asserted that the IPU will support the initiative reflected in the strategic plan of the Mongolian Parliament aimed at safeguarding human rights and creating a people-centered legal environment.

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Gold purchase by Mongolia's central bank down 24.1 pct www.xinhuanet.com

Mongolia's central bank purchased seven tons of gold from legal entities and individuals in the first seven months of 2025, marking a 24.1-percent decrease compared to the same period last year, according to the Bank of Mongolia on Monday.
As of July, average price of gold purchased by the Bank of Mongolia was 384,712.91 Mongolian tugriks (about 107.1 U.S. dollars) per gram.
Purchasing gold is one of key ways for the central bank to ensure the country's economic stability by consistently increasing foreign currency reserves, said the bank.
Mongolia's foreign exchange reserves have risen to 5.206 billion dollars in the first half of 2025.

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Feature: Enthusiasm for learning Chinese increasing in Mongolia www.xinhuanet.com

In the early morning of Ulan Bator, capital of Mongolia, 19-year-old Mongolian university student Enkhbat arrives early at the examination venue for the Chinese Proficiency Test, ready to assess his Chinese language skills.
"I'm in my sophomore year and hope to use this test to evaluate my Chinese proficiency in preparation for studying abroad," Enkhbat said. Hailing from Khentii Province, his parents are herders, and a chance encounter led him to the Chinese language.
In the summer of 2023, Enkhbat traveled to Ulan Bator with his father to sell cashmere products, where they encountered a businessman from China. Unfortunately, without a translator, neither Enkhbat nor his father could comprehend the Chinese spoken by the businessman, leading to an unsuccessful negotiation that left his father feeling regretful.
That day, his father patted him on the shoulder and said, "You need to learn Chinese when you go to university."
At university, Enkhbat chose to major in Chinese, planning to study further in Shanghai after graduation. "China has a huge market, and the potential for China-Mongolia trade is immense," Enkhbat noted.
Currently, there is a growing number of young people in Mongolia, like Enkhbat, keen on learning Chinese. Cheng Shengli, the Chinese director of the Confucius Institute at the National University of Mongolia, said that among foreign language learners in Mongolia, those studying Chinese rank second after English.
There are 18 national primary and secondary schools as well as over 40 private schools offering Chinese courses in Mongolia, with more than 150 other schools planning to introduce Chinese language programs.
The Confucius Institutes at the National University of Mongolia and the Mongolian State University of Education, as well as several Confucius classrooms and teaching centers, have become important platforms for Chinese language education and cultural exchange between China and Mongolia.
Khishig Chinese Language Comprehensive Secondary School in Ulan Bator has implemented Chinese language courses. Teacher Jiyaa said that students enjoy learning Chinese, singing Chinese songs, and following Chinese television dramas, resulting in remarkable improvements in their Chinese proficiency.
The "Chinese Bridge" contest, a Chinese proficiency competition for foreigners, has also sparked Mongolian students' enthusiasm for learning Chinese.
Middle school student Hulan from Tsaikhun Secondary School in Darkhan-Uul Province said, "'Chinese Bridge' is like a mirror, reflecting my progress in Chinese while revealing the many treasures hidden within the language."
Throughout the years, many students in Mongolia have shown a deep enthusiasm for the competition, viewing their preparation and participation as valuable opportunities to improve their language skills.
Cheng said that the "Chinese Bridge" is not just a competition; it serves as a gateway for Mongolian students to immerse themselves in the Chinese language, allowing them to experience the beauty of the language and the vast opportunities for cultural exchange between the two nations.

 

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Mongolia Reaffirms Commitment to Democratic Governance and Inclusive Representation www.montsame.mn

Speakers of Parliament from 84 countries, 18 Deputy Speakers, and Members of the Inter-Parliamentary Union (IPU) are discussing how to promote responsibility in international relations, support democracy, steer parliamentary diplomacy toward peace and mutual understanding, amplify citizens' voices within the United Nations, and deliver tangible outcomes on international commitments.
Chairman of the State Great Khural of Mongolia Amarbayasgalan Dashzegve delivered remarks during the General Debate themed “A World in Crisis: Parliamentary Cooperation and Multilateralism for Peace and Justice for All.”
Chairman Amarbayasgalan emphasized the importance of equal participation by countries with diverse characteristics, cultures, traditions, customs, and values in shaping a new world order and building a truly multipolar global system.
Chairman of the State Great Khural of Mongolia further underlined that Mongolia adheres to an independent, open, peaceful, and multi-pillar foreign policy, and resolving any challenges through harmony and dialogue is essential to strengthening global peace and security. In this context, Chairman Amarbayasgalan presented Mongolia’s recent Constitutional Amendments aimed at reinforcing parliamentary governance and ensuring equitable participation of various social groups. These include increasing the number of Members of Parliament to 126 and introducing a mixed electoral system. As a result of these reforms, the number of female MPs has risen to 32 — an achievement aligned with the targets set by the Inter-Parliamentary Union.
Chairman Amarbayasgalan also noted that the State Great Khural of Mongolia, in approving its 2024–2028 Strategic Plan, introduced a human-centered “Three Pillars of Excellence” Initiative, reflecting its commitment to human rights and the rule of law, and expressed confidence that these efforts will further consolidate the foundations of a democratic society.
Chairman Amarbayasgalan Dashzegve concluded by reaffirming that Mongolia regards democratic and representative systems based on multilateral cooperation and public participation as essential to peace and stability. Mongolia will continue to fulfill its commitments to the international community and work steadfastly with the IPU and global parliaments to build a more peaceful future.

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Mongolia 2024 parliamentary elections: ODIHR experts present final report and discuss electoral recommendations www.osce.org

Election experts from the OSCE Office for Democratic Institutions and Human Rights (ODIHR) presented the final report and recommendations of the observation mission for the Mongolia 2024 parliamentary elections during a visit to Ulaanbaatar on 16-18 June 2025.
“We highly value the discussions we had and our counterparts’ commitment to implement ODIHR’s recommendations,” said Kseniya Dashutsina, senior election adviser at ODIHR. “They can rely on ODIHR's support and expertise throughout this process.”
Representatives of the Ministry of Foreign Affairs, the General Election Commission, the Standing Committee on State Structure in Parliament, the Administrative Court of Appeals, the National Audit Office, the Communications Regulatory Agency, and various civil society organisations working in the election and media took part in the meetings.
ODIHR reiterated that the elections were well-run, but that some longstanding issues remained. For example, the campaigning rules and conditions favoured established parties through online restrictions, blurred lines between state and party, and reports of pressure on public employees, raising concerns about whether voters had a genuinely free choice. The legal framework is adequate for holding democratic elections, but still requires closer alignment with international standards. Election day was smooth and transparent, though procedures for manual verification of results require greater clarity and consistency.
Discussions focused on revising the legislation to bring the electoral process further in line with international standards, improve the conduct of manual re-counts, ensure third-party verification of the vote counting system, prevent misuse of public resources, strengthen sanctions for campaign finance violations and false information, and improve the effectiveness of the dispute resolution process.
ODIHR also assessed the country’s efforts to implement previous recommendations from observation missions carried out between 2016 and 2021. Out of 67 recommendations evaluated, eight were fully implemented, five mostly implemented, 17 partially implemented and 37 not implemented. Further details can be found in the ODIHR Electoral Recommendations Database. All OSCE participating States have committed to following up promptly on ODIHR's election assessments and recommendations.

 

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