1 GOLD AND COPPER PRICES SURGE WWW.UBPOST.MN PUBLISHED:2025/04/02      2 REGISTRATION FOR THE ULAANBAATAR MARATHON 2025 IS NOW OPEN WWW.MONTSAME.MN PUBLISHED:2025/04/02      3 WHY DONALD TRUMP SHOULD MEET KIM JONG- UN AGAIN – IN MONGOLIA WWW.LOWYINSTITUTE.ORG  PUBLISHED:2025/04/02      4 BANK OF MONGOLIA PURCHASES 281.8 KILOGRAMS OF PRECIOUS METALS IN MARCH WWW.MONTSAME.MN PUBLISHED:2025/04/02      5 P. NARANBAYAR: 88,000 MORE CHILDREN WILL NEED SCHOOLS AND KINDERGARTENS BY 2030 WWW.GOGO.MN PUBLISHED:2025/04/02      6 B. JAVKHLAN: MONGOLIA'S FOREIGN EXCHANGE RESERVES REACH USD 5 BILLION WWW.GOGO.MN PUBLISHED:2025/04/02      7 185 CASES OF MEASLES REGISTERED IN MONGOLIA WWW.AKIPRESS.COM PUBLISHED:2025/04/02      8 MONGOLIAN JUDGE ELECTED PRESIDENT OF THE APPEALS CHAMBER OF THE ICC WWW.MONTSAME.MN PUBLISHED:2025/04/01      9 HIGH-PERFORMANCE SUPERCOMPUTING CENTER TO BE ESTABLISHED IN PHASES WWW.MONTSAME.MN PUBLISHED:2025/04/01      10 LEGAL INCONSISTENCIES DISRUPT COAL TRADING ON EXCHANGE WWW.UBPOST.MN PUBLISHED:2025/04/01      УСТСАНД ТООЦОГДОЖ БАЙСАН УЛААНБУРХАН ӨВЧИН ЯАГААД ЭРГЭН ТАРХАХ БОЛОВ? WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     САНГИЙН ЯАМ: ДОТООД ҮНЭТ ЦААСНЫ АРИЛЖАА IV/16-НААС МХБ-ЭЭР НЭЭЛТТЭЙ ЯВАГДАНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     МОНГОЛБАНКНЫ ҮНЭТ МЕТАЛЛ ХУДАЛДАН АВАЛТ ӨМНӨХ САРААС 56 ХУВИАР, ӨМНӨХ ОНЫ МӨН ҮЕЭС 35.1 ХУВИАР БУУРАВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     Б.ЖАВХЛАН: ГАДААД ВАЛЮТЫН НӨӨЦ ТАВАН ТЭРБУМ ДОЛЛАРТ ХҮРСЭН WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/02     1072 ХУВЬЦААНЫ НОГДОЛ АШИГ 93 500 ТӨГРӨГИЙГ ЭНЭ САРД ОЛГОНО WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/02     Н.УЧРАЛ: Х.БАТТУЛГА ТАНД АСУУДЛАА ШИЙДЭХ 7 ХОНОГИЙН ХУГАЦАА ӨГЧ БАЙНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/04/02     “XANADU MINES” КОМПАНИ "ХАРМАГТАЙ" ТӨСЛИЙН ҮЙЛ АЖИЛЛАГААНЫ УДИРДЛАГЫГ “ZIJIN MINING”-Д ШИЛЖҮҮЛЭЭД БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     ТӨМӨР ЗАМЫН БАРИЛГЫН АЖЛЫГ ЭНЭ САРЫН СҮҮЛЭЭР ЭХЛҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/02     “STEPPE GOLD”-ИЙН ХУВЬЦААНЫ ХАНШ 4 ХУВИАР ӨСЛӨӨ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     ҮЙЛДВЭРЛЭЛИЙН ОСОЛ ӨНГӨРСӨН ОНД ХОЁР ДАХИН НЭМЭГДЖЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2025/04/01    

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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Mongolia announces 2019-2020 to be Year of Children's Development and Protection www.xinhuanet.com

ULAN BATOR, May 29 (Xinhua) -- The Mongolian government on Wednesday declared that 2019-2020 is the country's Year of Children's Development and Protection.

Under the framework of the year, a series of measures will be taken to make sure that parents play their roles and assume responsibilities to protect children from violence. The year would also see more cooperation between government and non-government organizations, according to the government's press office.

"We need to listen to the voices of our children in order to help them in any situation. Parents should be the closest friends of their children", Mongolia's Minister of Labor and Social Protection Sodnom Chinzorig said.

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Liquid milk production increases year by year www.montsame.mn

The Ministry of Food, Agriculture and Light Industry, Food and Agriculture Organization of the United Nations, European Union, Mongolian Food Producers’ Association and Global Communities Mongolia jointly celebrated the World Milk Day that falls on June 1.

At the event, Minister of Food, Agriculture and Light Industry Mr Ch.Ulaan, MP and Head of the Mongolian Food Producers’ Association Mr D.Terbishdagva, UN Food and Agriculture Organization Resident Representative Mr Vinod Ajuha and Ambassador of the European Union to Mongolia Mr Traian Laurentiu Hristea gave presentations on the development of milk industry and strategies and policies to be implemented in the future.

Mongolia’s processed liquid milk production has been on the rise year by year, amounting to 33.4 million litres in 2017 and 38.2 million litres in 2018. This is thanks to Mongolian companies’ actions of developing intensive farming, improving their partnerships with herders and farming businesses as well as the outcomes of the government’s policies and actions and activities undertaken within the Mongolian Livestock National program and the First Meat and Milk Campaign.

Moreover, during the event, an exhibition of national producers including Suu JSC, Vitafit Milk LLC, Khaan Milk LLC and TESO corporation took place.

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Program on Heavy Industry Development approved www.montsame.mn

Ulaanbaatar/MONTSAME/. At its regular meeting on May 29, the Cabinet approved the Program on Heavy Industry Development.

At the first stage, it is intended to develop metallurgy, machinery industry, oil refinery, deep coal processing and chemical industry. It is estimated that by 2026, the income from heavy industrial sector to the state budget will increase, creating over 5000 jobs

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Mongolia’s opportunities for exporting goods to the EU www.news.mn

President Kh.Battulga held a meeting with resident and non-resident ambassadors of the EU member states to Mongolia which has been regularly organized in Ulaanbaatar since 2009. The 11th meeting is taking place on May 28-29. Present at this meeting were, Ambassador Extraordinary and Plenipotentiary of the EU to Mongolia, Mr. Traian Laurentiu Hristea, 20 ambassadors, and representatives of six missions.

At the beginning of the meeting, President Kh.Battulga expressed his pleasure with meeting the ambassadors and delegates again and extended greetings on the occasion of the 30th anniversary of diplomatic relations between Mongolia and the EU.

The ambassadors raised questions concerning the President’s state visit to the People’s Republic of China, the Belt and Road initiative, and recent developments in the domestic legal system and discussed in depth about the diversification of the Mongolian economy.

For instance, President Battulga highlighted the announcement made by President Xi Jinping during his visit that China was looking to develop as an importer nation, while expressing his view that it would create an opportunity of increased export for neighboring Mongolia. President Battulga shared his vision on Mongolia’s export potentials, especially in the sectors of agriculture and tourism, and the possibility of exporting value-added products originating from these sectors to China and the surrounding region.

President Battulga spoke about the substantial opportunities for Mongolia to export goods to the EU market and its neighbor countries by promoting cooperation based on not only agriculture, the traditional economic sector of Mongolia, but also the processing industry, and introducing and adopting advanced technology, know-how, and expertise from European countries.

The ambassadors expressed their readiness to explore the possibilities of broadening cooperation in these areas. In this regard, the sides discussed and reached an understanding on the matter of organizing an extended-format joint meeting with entities next fall, with the purpose of improving connectivity between Mongolian companies and EU entities and investors and increasing export opportunities.

The ambassadors expressed interest in and discussed the Northeast Asia Energy Super Grid Project, an initiative of President Battulga.

At the end of the meeting, President Battulga expressed his confidence that the ambassadors will pay close attention to the strengthening of bilateral relations and cooperation and wished success in their duties.

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MNT 10 billion rare-earth reserves confirmed in Mongolia amid rising global demand www.zgm.mn

The World Bank has confirmed that Mongolia has USD 10 billion worth rare-earth element resource. The officials in Mongolia estimated the resource at USD 1 billion before, which is now increased by 10 times. Rare-earth elements, the newest material of the new era has been trending in the mining sector over the last few years and are still attracting investors.

In Mongolia, there has not been a detailed survey of rare elements that would meet fiscal requirements. Mongolia was only an observer in the last few years and is now trying to compete in this market. Mongolia has 71 deposits and 300 mineralized reserves with rare earth minerals reserve, including Khalzan Buregtei, Luugiin Gol, Mushgai Khudag, Tsagaan Chuluut, and Khotgor.

Regardless of the review from the World Bank, further analysis of the rare earth geological survey on the territory of Mongolia are required, highlighted experts of the Ministry of Mining and Heavy Industry (MMHI). The Mineral Resource and Petroleum Authority of Mongolia (MRPAM) reported that the operation in the Khalzan Buregdei deposit has commenced and the feasibility study of another one in Myangad soum, Khovd province has been approved.

During the meeting of the Prospectors and Developers Association of Canada (PDAC), a major forum of the world mining sector held in early March, the Government of Mongolia introduced the new policy to international investors for the first time. Mongolia expressed its intention in attracting investment in rare earth elements, such as uranium, aside from the traditional raw materials, including gold, copper, and coal. The participating investors at the PDAC displayed interest in the initiative.

The MMHI has recently announced its plan to intensify the exploration of rare-earth elements in cooperation with Germany. Last week, Mongolian and German intergovernmental working groups have discussed and the sides considered to work in the field of the rare earth elements. Also, Japan has been expressing its interest in exploring rare earth elements in Mongolia.

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Beijing wants more Russian gas as Gazprom’s mega pipeline to China nears completion www.rt.com

China is interested in extra supplies of Russian gas through the Power of Siberia pipeline which is nearing completion, according to the Russian state-run energy giant, Gazprom, that is implementing the project.
“The Chinese partners are very interested in additional volumes, though the final amount as well as the price is not agreed yet,” the head of Gazprom’s export branch Elena Burmistrova said at the company’s news conference in Moscow.

The top executive stressed that the Russian energy major expects formal arrangements on the issues to be reached in the near future.

The Power of Siberia is a 4,000km (2485 miles) long pipeline which is aimed at delivering natural gas from the Russian region of Yakutia to Primorsky Krai and then to Asia. Gazprom, which is constructing the Russian part of the pipeline, is planning to export 38 billion cubic meters of the blue fuel to China by 2025.

Gazprom and the China National Petroleum Corporation (CNPC) signed a 30-year contract for gas supplies via the Power of Siberia in 2014. Last September, the Russian firm reported the pipeline running from Yakutia’s gas production centers to the Chinese border, was almost complete.

Construction on the Chinese side started in April 2017, and is reportedly close to completion. The pipeline is expected to start operating in December 2019.

Earlier this year, Gazprom announced plans to invest $2.24 billion in the project. Moreover, the company intended to invest $4.8 billion into the Amur gas processing plant which is expected to receive gas from production centers in Irkutsk and Yakutia as part of the Eastern Gas Program.

The Russian energy corporation is pursuing an ambitious goal to become China’s biggest supplier, accounting for more than 25 percent of gas imports by 2035 as the country’s demand for natural gas continuously increases. China is the world’s largest importer of oil and second-biggest buyer of natural gas.

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Parliaments focus on education and SDGs in Mongolia seminar www.ipu.org

Eighteen parliaments from the Asia-Pacific region met in Ulaan Bataar, Mongolia, from 27 to 28 May 2019, to assess their country’s progress in implementing the Sustainable Development Goals (SDGs). According to data from the United Nations, the region is lagging behind others in implementing the SDGs, with no country on track to achieve SDG targets by 2030.

Parliaments have been engaging with the SDGs more than with their predecessors, the Millennium Development Goals. They have also recognized that many SDGs, for example those concerned with the environment, require going beyond national borders and seeking regional cooperation. The IPU, as the global convener of parliaments, has held over 20 regional SDG seminars over the last few years, as well as several national ones.

The seminar in Mongolia provided an opportunity for parliaments from the region to report on their progress and build on recommendations from the first seminar held in the region, in Viet Nam in 2017.

The cross-cutting theme of the seminar was the importance of education, an issue that had been highlighted in the recent Doha Declaration, adopted by MPs at the 140th IPU Assembly in April. In the Mongolia seminar outcome document, MPs acknowledged “that ensuring quality education is central to the achievement of all SDGs and in breaking the cycle of poverty”. Giving access to quality education, in particular to the most vulnerable sections of the population—such as marginalized groups, women, and stateless people—can help lift them out of poverty by, for example, allowing them to apply for better-paid jobs.

Other topics on the agenda included health, climate change and citizens’ involvement in implementing the SDGs. Participants stressed the importance of education in improving the health of communities. They agreed to build political will and commitment to achieving Universal Health Coverage and sustainable health systems.

They also examined how environmental literacy can build a culture of climate change prevention and raise awareness of climate change and disaster reduction. To do so, the outcome document calls for MPs “to maximize their roles as legislators and overseers” and increase regional and global cooperation with a view to sharing information and experiences.

Citizen engagement is important to create a sense of national ownership of the SDGs. Participants discussed innovative ways in which to do this, including mechanisms through which citizens could provide feedback to policymakers on the achievement of the SDGs.

Speaking at the opening, IPU President Gabriela Cuevas Barron said, “The Asia Pacific region is home to more than half the world’s population. As parliamentarians, we have a critical role to play to ensure that government actions are inclusive and transformative for those whom we represent. The SDGs cannot be achieved if certain groups in society are ignored. They are for everyone.”

As part of the preparation for the seminar, the Mongolian Parliament launched a local translation of the IPU- UN Development Programme (UNDP) self-assessment toolkit on SDGs. The Mongolian translation joins seven other language versions of the tool kit, demonstrating its global usefulness for parliaments.

Also present at the seminar, the Fiji parliament launched a guidance note on integrating the SDGs across the work of all its parliamentary committees with support from the IPU and UNDP.

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World Bank: Mongolia's Central Economic Corridor remains underutilized www.montsame.mn

Ulaanbaatar/MONTSAME/. Mongolia’s Central Economic Corridor (CEC), the key transportation network connecting China and Russia through Ulaanbaatar, offers promising opportunities to bring Mongolian agricultural products to world markets and to diversify the country’s exports away from mining resources. Still, according to a new World Bank report, the CEC remains underutilized and underdeveloped.

The report ‘Mongolia Central Economic Corridor Assessment: A Value Chain Analysis of Wool-Cashmere, Meat and Leather Industries’ aims to analyze the performance gap of the CEC through an examination of three key agricultural sectors. The report diagnoses the challenges these industries face, identifies opportunities for them to grow leveraging CEC’s potential, and shares policy recommendations to seize these opportunities.

“Leveraging the potential of the Central Economic Corridor is vital to enhancing Mongolia’s trade competitiveness and diversifying its exports,” said Martin Raiser, World Bank Country Director for China, Korea and Mongolia. “We hope that this report will offer insights to Mongolia’s authorities on how to enhance the efficiency of the CEC and strengthen agricultural supply-chains.”

Over the past decade, exports tilted in favor of mining and commodities in Mongolia. Meanwhile, despite their comparative advantage, the share of Mongolia’s agribusiness products in the world market remained small. The report’s analysis shows that the country’s comparative advantage has been significantly diluted by weaknesses associated with its economic corridors, particularly the CEC.

“The CEC is underutilized and underdeveloped, increasing transport costs and restricting the range and volume of products that can profitably access export markets,” said Marcin Piatkowski, World Bank Senior Economist and lead co-author of the report. “The day the CEC can carry more exports, its economic benefits will grow and with them the quality of the exports themselves, thus breaking a vicious circle that currently thwarts Mongolia’s development.”

To tackle the pressing challenges, the report identifies a set of general policy reforms that could improve the functioning of the CEC. Short term recommendations include the need to streamline and coordinate the procedures of all border agencies, promote trade negotiations to ease access to foreign markets, set up new agricultural clusters around Ulaanbaatar and implement existing agreements with Russia and China on trade, custom inspection and food security. Medium-term policy solutions focus on the need to increase rail capacity along the CEC, ensure full compliance with international standards, and fully implement the Trade Facilitation Agreement of the World Trade Organization.

For the selected three industries, wool/cashmere, meat and leather, the report’s main short-term policy recommendations include:

· Improve the collection, consolidation and preliminary processing of inputs.

· Increase the exchange of information between producers and their suppliers.

· Increase the producers’ involvement in logistics and quality control activities in their supply chains.

Medium-term recommendations emphasize the need to:

· Facilitate the creation of cooperatives among herders.

· Ensure mutual recognition of veterinary inspections at the border by neighboring countries.

· Encourage industry players to propose production standards with respect to environmental pollution and waste elimination.

This report will help inform the ongoing and the future cooperation of the World Bank with Mongolia, including a USD 20 million Mongolia Export Development Project.

 

Source: World Bank

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‘China-Mongolia International Logistics Zone’ to be set up www.montsame.mn

Ulaanbaatar /MONTSAME/ CEO of 'Mongolian Railway' state-owned shareholding company, an affiliate of the Ministry of Road and Transport Development, B.Tsengel signed an agreement on setting up China-Mongolia International Logistics Zone Co., Ltd with ‘Tianjin Port Economic and Technical Cooperation’ Co., Ltd, a subsidiary of the ‘Port of Tianjin’ state-owned enterprise on May 26 in Tianjin, China.

Initially, in 2009, the Ministry of Road, Transport, Construction and Urban Development of Mongolia and Tianjin Municipal People's Government established a memorandum on China leasing 10 hectares of land of Dongjiang Free Trade Port Zone in Tianjin to Mongolia for 50 years on very soft terms to support Mongolia’s access to sea. Then in May 2018, the memorandum was re-established as the Mongolian Minister of Road and Transport Development, Chinese Transport Minister, and Head of the Tianjin Municipal People's Government agreed that the document has to be enriched, revised, and aligned with the ‘Steppe Road’ and ’Development Road’ programs of Mongolia and ‘Belt and Road’ initiative of China.

The sides also decided to build a transport and logistics center on the aforementioned 10 ha of land and the construction work will begin in July. Thus, the project, which has been stalled over a decade, is now moving forward and it will play a key role for Mongolia in having access to sea and further making its way to third markets through seaports.

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Petro Matad commences well site construction for Mongolia drilling campaign www.stockmarketwire.com

Mongolia-focused explorer Petro Matad said well site construction had commenced at its block XX prospect in the Asian nation.

The well site work had commenced at the Heron 1 location and was expected to be completed within 10 days.

The site construction contractor would then move to the Gazelle 1 location and from there to Red Deer 1.

All three sites were expected to be complete by the end of June.

The work was being carried out by the same construction contractor that successfully prepared the sites for the company's 2018 drilling campaign.

A contractor had been chosen to drill two water supply wells, one for operations at Heron and Gazelle and one for Red Deer.

The contractor would mobilise to Heron in early June.

Permitting, procurement activities and rig preparations were progressing well, ahead of the exploration drilling campaign, the company said.

'The DQE rig has completed its pre-move testing and certification and the required electrical upgrade is expected to be completed in the first week of June,' it added.

Petro Matad said it continued to target an early July spud date for the Heron well with the Red Deer well expected to spud in the second half of July.

Drilling of the Gazelle well will immediately follow Heron, after a short rig move.

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