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

Events

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

NEWS

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Courtesy Call on Prime Minister ISHIBA by H.E. Ms. Batmunkh BATTSETSEG, Minister for Foreign Affairs of Mongolia www.mofa.go.jp

On March 3, commencing at 6 p.m. Prime Minister ISHIBA Shigeru, received a courtesy call from H.E. Ms. Batmunkh BATTSETSEG, Minister for Foreign Affairs of Mongolia, during her visit to Japan as a guest of the Ministry of Foreign Affairs. The overview is as follows.
Prime Minister Ishiba stated that Mongolia is a “special strategic partner” with which Japan shares fundamental values and that he welcomed Foreign Minister BATTSETSEG's visit to Japan. Prime Minister Ishiba also expressed his intention to continue supporting Mongolia and further strengthen Japan-Mongolia relationships. While expressing gratitude for Japan's consistent support for Mongolia since the country's democratization in 1990, Minister BATTSETSEG stated that she would like to continue to work closely together to further deepen the relationships with Japan, which is the third neighboring country. Both sides also confirmed that they share a recognition of the important significance of the visit by Their Majesties the Emperor and Empress of Japan and would coordinate closely.
In addition, Prime Minister ISHIBA once again requested Mongolia's understanding and cooperation on the abductions issue and gained her support.
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Mongolians celebrate the Jubilee of Hope www.vaticannews.va

Cardinal Giorgio Marengo, Apostolic Prefect of Ulaanbaatar, Mongolia, shares how the central focus of Jubilee activities emphasizes formation and sharing with celebrations involving everyone.
On a day of intense cold, with temperatures plunging to 30 degrees celsius below zero, the extraordinary participation of the people warms the heart—and the soul.
On 29 December 2024, in Ulaanbaatar, the capital of Mongolia, the 2025 Jubilee opened with a solemn celebration that, even here in the farthest reaches of the world, could not be missed or overlooked.
The memory of that day remains vivid in the mind of Cardinal Giorgio Marengo, the Apostolic Prefect of this tiny Church community, which numbers around 1,600 baptized individuals out of a population of 3.2 million spread across a territory of more than 1.5 million square kilometers.
A grand procession
His detailed recollection, shared in an interview with Vatican News, helps reconstruct that day, which began with a grand procession that started outside the Cathedral dedicated to Saints Peter and Paul, the seat of the apostolic prefecture.
"We began from the great cross that was used during the papal Mass during Pope Francis' Apostolic Visit in September 2023," he said. "After praying part of the Rosary outside, we solemnly entered the Cathedral, looking towards the other crucifix that stands above our altar, to which we directed our gaze and our prayers. It was a very intense celebration that allowed our people to feel in communion with the universal Church."
The Word of God and formation
The celebration marked a culmination in preparations by the faithful of the Ulaanbaatar Apostolic Prefecture. There have been many opportunities for formation and in-depth reflection, one of which best encapsulated the need to exercise hope, the central theme of the Holy Year.
"It was the experience of communion and animation with Gen Rosso, the international group of artists who came to visit us between the end of November and the beginning of December. Together, we prepared workshops and a concert. The common thread of these activities was the concept we called 'hoping together,' which was also the theme of the papal visit nearly two years ago."
Preparing well for the Jubilee also meant rediscovering the history of a local Church that has roots in an ancient Christianity but, in contemporary times, boasts only thirty-three years of existence.
"This too has been an exercise in hope, wanting to accept the Jubilee invitation to look to the future with eyes full of faith, never discouraged," he said.
Renewal and rebirth
During the Holy Year, the formation of the faithful will be a constant focus of activities. Information and catechesis will be made available to everyone so that the deep meaning of the grace of the Jubilee can truly be appreciated.
"In this regard, we are also thinking about a pamphlet with explanations on how to obtain an indulgence, which will highlight the true meaning of the conversion journey that we are all trying to undertake here. A renewal that must start from the continual purification of our hearts."
What Cardinal Marengo values most in this context of faith is the dimension of charity, an essential condition for receiving the Jubilee grace.
"The works of mercy, offering our struggles and sufferings to the Lord, are not insignificant. Nor are the sacrifices that everyone can make to participate in our formation meetings, like the pastoral week we will have in May," he said.
Parish pilgrimages
Although it will be difficult, almost impossible, for the faithful from Mongolia to journey to Rome on pilgrimage—not only due to the vast distance but also because of the high travel costs—the Apostolic Prefect explains that "the graces of the Jubilee reach us where we are and are manifested in initiatives that relate to everyday life: prayer, caring for others, multiplying mercy as a concrete way to exercise hope."
But beyond the pilgrimage that the faithful can make to the Ulaanbaatar Cathedral, there is another that is especially close to the Cardinal's heart: one aimed particularly at young people, which will take place in the nine parishes of the Prefecture.
"Five of them are in the capital, four are spread across the country. We realized that, in many cases, the faithful of one parish don't know the other communities well. So we thought that, when the good weather comes, we could organize mutual visits."
And since the distance between one parish and another can be hundreds of kilometers, Cardinal Marengo has thought of a "Jubilee passport," especially for young people.
"It will be a sort of identity card with personal data that can be stamped each time someone visits a parish. I believe this is a really beautiful way to thank the Lord for the gift of these communities scattered across such a vast territory."
The gaze of Mary
In Ulaanbaatar, the Jubilee is unfolding under the loving gaze of the Mother of Heaven, a title Pope Francis gave to the statue of Mary, which was miraculously found a few years ago in a northern city's landfill by a non-Catholic woman and then enshrined in the Cathedral.
"This is why the Cathedral is increasingly playing a fundamental spiritual role for the faithful, who can go before this small wooden statue and entrust their lives to the Virgin Mary."
By Federico Piana

 

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Ban or Regulate? Mongolia’s Sports Betting Dilemma www.mongoliaweekly.org

Mongolia's government has launched a forceful campaign against online gambling and sports betting platforms, targeting the ubiquitous 1xbet. While cracking down on illegal operations and the alleged $500 million annual outflow is understandable, the move raises a fundamental question: Is prohibition the most effective long-term strategy? Or is it a costly, and ultimately futile, game of whack-a-mole?
The immediate actions – blocking websites, pressuring Meta to remove accounts, and contemplating a total ban on betting – are presented as a response to the "epidemic" of online gambling addiction and its devastating social consequences. These are genuine concerns.
The government is right to address the financial ruin and social disruption caused by problem gambling and sports betting.
However, Cabinet Secretary Nyam-Osoryn Uchral has also highlighted a critical economic dimension: the massive outflow of funds represents significant lost tax revenue.
This dual threat – social harm and economic damage – strengthens the argument for a regulated, rather than prohibited, gambling market. Experience globally demonstrates that outright bans rarely eradicate online activity. Determined users and operators find workarounds, such as VPN usage. 
The activity persists, driven underground or offshore, making it more difficult to monitor, control, and tax. 1xbet's continued presence in Mongolia, despite a previous Communications Regulatory Commission blacklist, is a stark reminder.

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Golden statue of Chinggis Khaan installed in Mongolia www.akipress.com

The opening ceremony of the Chinggis Khaan's Royal Chamberand the installation of his 7-meter golden statue took place at the Chinggis Khan National Museum in Ulaanbaatar.
The sketch and modeling of the statue took two years. They were approved at the end of 2022, embodying the ideas of historians, researchers and scientists.
The details of the monument were based on the artifacts of the khans and nobility of the Mongol Empire and other periods.
President Khurelsukh Ukhnaa emphasized in his speech that Chinggis Khaan is not just a historical figure, but a source of pride for all Mongols.

 

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China could restart import controls on coal as oversupply mounts www.bloomberg.com

China could reestablish import controls on coal, after leading industry groups warned on mounting oversupply in the world’s biggest market for the fuel, according to Morgan Stanley.
The bank said a complete ban is unlikely given China’s obligations to the World Trade Organization, but purchases could be discouraged if the authorities impose delays or inspections on imports, analysts including Sara Chan said in a note. Similar controls were imposed in 2014, 2017 and 2018.
China maintained a cap on coal imports of about 300 million tons until 2022, but has blown past that level in the last couple of years due to energy security concerns. The country bought a record 543 million tons last year.
Now, demand is falling well short of expectations, resulting in a rapid decline in prices and a continuous drop in mine profitability, the China Coal Transportation and Distribution Association and the China National Coal Association said on Friday. To cope with persistently high inventories of the fuel, miners should control output and importers should curb shipments of lower quality fuel, it said.
Beijing has prioritized coal production in recent years to avoid a repeat of the power crunch experienced in 2021, with Russia’s invasion of Ukraine in 2022 reinforcing the strategy. The policy has been successful in ensuring energy security but has come at the expense of progress on decarbonization and has led to a spate of fatal accidents at mines.
Surging output and tepid demand have weighed on the market in recent months. The country’s benchmark for thermal coal prices has dropped to 699 yuan a ton, its lowest level since March 2021, according to China Coal Resource.
Spot prices may soon test the market floor set by government-regulated annual contracts of 675 yuan a ton, local trading platform ocoal.com said in a note.
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Mongolia keeps mining for growth amid economic uncertainty www.eastasiaforum.org

Despite global uncertainty, Mongolia's new government is working to maintain economic growth which is fuelled by strong export performance and fiscal expansion. But structural challenges such as the severe contraction of the agricultural sector due to harsh weather conditions, potential disruptions resulting from factors such as petroleum supply from Russia, a slowing Chinese economy and increased budget spending could test the country's resilience.
Following Mongolia’s 2024 election, a new government faces the challenge of sustaining economic growth amid rising global uncertainty. Strong export performance and fiscal expansion fuel optimism, but structural challenges may test the country’s resilience.
The Mongolian economy is continuing its recovery from COVID-19-related slowdown. Economic growth was 4.9 per cent in 2024, which is significantly lower than the 7.4 per cent growth in 2023 and the average growth rate of 6.4 per cent over the past 18 years. The industrial sector grew by 5 per cent, with the mining sector expanding by 5.7 per cent.
But the agricultural sector, which accounted for around 10 per cent of GDP, contracted by 25 per cent in the first three quarters of 2024. This decline is attributed to severe winter and spring weather conditions, known as the ‘Dzud’, which led to the loss of 8.1 million animals — 12.5 per cent of total livestock.
Total exports increased moderately by 3.9 per cent compared to the previous year, reaching US$15.8 billion, while imports rose sharply by 25.5 per cent to reach US$11.6 billion, both marking historical highs.
Export growth was primarily driven by a significant increase in copper exports. The volume of copper exports reached a record 1.7 million tons, up 11.1 per cent from the previous year, while the average border price of copper increased by US$236 per ton, boosting the value of copper exports by 26 per cent. Though coal export volume grew by over 20 per cent to a historic high of 83.7 million tons in 2024, the price of coal fell by US$25.4 per ton, leading to a 2.3 per cent decline in the value of coal exports.
Economic growth in 2024 was fuelled by significant expansion on the demand side. With relatively favourable conditions for commodity exports and a positive outlook of the near future, the state budget revenue and grants increased by 28.7 per cent from 2023, reaching a historic high of 31.4 trillion Mongolian togrog (US$9.1 billion). Budget expenditure expanded by 34.9 per cent, reaching another historic high of 30.4 trillion Mongolian togrog (US$8.8 billion). Private consumption and investment also rose by 27.8 per cent and 26.8 per cent respectively in the first three quarters of 2024.
Inflation remained within the central bank’s target range, averaging 6.6 per cent in 2024. This was despite ongoing uncertainties in the external environment, capacity constraints in energy, transport and logistics sectors, significant demand-side expansion and negative supply shocks in animal husbandry.
The labour force participation rate continued its steady rise, reaching 63 per cent in the third quarter of 2024, while the unemployment rate rose to 6.1 per cent.
The rise in exports also improved the country’s foreign exchange reserves, which registered a record high of US$5.5 billion. This milestone is especially significant considering the Bank of Mongolia made payments of around US$1.1 billion in foreign debt. The togrog remained relatively stable against the US dollar throughout 2024.
The government’s debt management strategy for 2023–25 stipulates that new foreign securities will be issued solely for the purpose of refinancing existing debt. Following implementation, as well as abovementioned positive changes in the economy, the government’s sovereign bond spread reached the lowest in history — 2.3 per cent — in 2024. As a result, credit rating agencies S&P Global and Fitch Ratings upgraded the country’s credit rating to B+ and B2 respectively, marking the highest rating in the past decade.
Mongolia saw the formation of its first 126-member parliament following the 2024 parliamentary election. The election — based on a mixed electoral system — led to five parties winning seats, with 78 members elected from constituencies and 48 from party lists. Notably, 25 per cent were women — the highest level of female participation in recent generations.
Though the Mongolian People’s Party won the majority of seats, it formed a coalition government with the Democratic Party and the HUN Party, giving it a 94 per cent supermajority. The current coalition government is aiming to implement 14 mega-projects in the next four years, having endorsed linking the railway border connection with China — which should boost coal export revenue by 2.8 times — and uranium mining in collaboration with the French ‘Orano’ group.
The new parliament finally adopted the Law on the Sovereign Wealth Fund after many years of deliberation. The fund is composed of three sub-funds, designed to accumulate wealth, finance large state investments and support social measures. Budget discussions were notably intense, resulting in the adoption of a zero-deficit budget for 2025.
But the Fiscal Stability Law, which has been in effect since 2013, was amended to remove the upper limit on the overall budget deficit, replacing it with a lower limit on the primary balance surplus. The long-term impact of this change has not been fully assessed, nor has its potential to ensure fiscal stability.
Looking ahead to 2025, factors such as disruptions in petroleum supply from Russia, a slowdown in Chinese economy, expanding budget spending, spiralling wage increase, surges in electricity and heat prices and the continued impact of the Dzud will continue to put pressure on inflation and economic growth.
By: Tuvshintugs Batdelger is the Director at the Economic Research Institute, Mongolia and Professor at the National University of Mongolia.
Nomun Enkhbold is a Researcher at the Economic Research Institute, Mongolia
This article is part of an EAF special feature series on 2024 in review and the year ahead.
https://doi.org/10.59425/eabc.1740780000
 
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Statement by Secretary Marco Rubio on On Mongolian Tsagaan Sar www.mn.usembassy.gov

To all those celebrating Tsagaan Sar in Mongolia, the United States, and around the world, we hope the new year will bring greater security, strength, and prosperity for all.  
The United States is proud to be Mongolia’s Strategic Third Neighbor and democratic partner. We look forward to deepening the relationship between our two countries in the coming year.

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President of Mongolia Khurelsukh Ukhnaa Extends Lunar New Year Greetings www.montsame.mn

In his address marking the beginning of the Year of the Wooden Snake, President of Mongolia Khurelsukh Ukhnaa extended Lunar New Year greetings to the people of Mongolia and Mongols living all across the world.
“Dear citizens,
Dear fellow Mongolians residing in different countries around the world,
I extend my warmest wishes on the Lunar New Year celebration of the 17th cycle, the “Eldev Erdenet” Year of the Wooden Snake. In keeping with our time-honored state customs and the traditions of our people, we bid farewell to the old year, welcome the auspicious new year, speak words of wholesome meaning, engage in virtuous deeds, offer blessings for enduring fortune, overcome the harsh winter in peace, and greet the early spring with optimism. I hope you are all celebrating the Lunar New Year with joy.
Since ancient times, we Mongols have revered Father Sky and Mother Earth, worshiping our mountains and waters, observing the stars and planets, and aligning our daily lives and endeavors with them. We have celebrated the Lunar New Year with grandeur, honoring and greeting our kin and our elders, and fostering unity. From the era of the Hun Empire onward, the Mongol Lunar New Year has been our nation’s New Year celebration, a time when everyone grows a year older, a festival marking renewal and the transition to spring. It is also a national celebration that symbolizes the profound cultural heritage, customs, harmony, and unity of the Mongol people.
Dear citizens,
In the passing Year of the Wooden Dragon, the population of Mongolia, whose households serve as the bedrock of state and society, grew by over 60,000 newborns, reaching a total population of 3,550,000. Owing to the diligent efforts of our herders and farmers, and to the blessings of our environment, the number of our livestock increased to 57 million, while harvests exceeded 970,000 tons.
Moreover, our national economy grew by 5 percent, foreign trade and investment increased, exports and foreign currency reserves hit historic highs, the State Budget closed in surplus, and strategic mega-projects were launched. During this powerful Dragon Year, Mongolia’s foreign policy and international relations gained further momentum on the world stage. We successfully carried out historic high-level State Visits, promoted our heritage, culture, and achievements worldwide, and experienced a pinnacle of international cooperation.
My fellow citizens,
Mongols living across the globe,
When Great Emperor Chinggis Khaan proclaimed the Mongol State, he designated the First Month of Spring, the Month of the Tiger, as the beginning of the year, thus initiating our centuries-long tradition of celebrating the Lunar New Year as a State Festival. The Mongol Lunar New Year is a symbol of our nation’s pride and spirit, our independence and unity, our cultural heritage, and our fortune. In order to safeguard, preserve, disseminate, and pass down to future generations the magnificent history, culture, and traditions of our ancestors, it brings me great pleasure on this festive occasion to highlight that the President of Mongolia has issued decrees to honor the portrait of Great Emperor Chinggis Khaan, restore the ancient capital city of Kharkhorum, revere the Morin Khuur (Horse-Head Fiddle musical instrument) as a national treasure, and compile a comprehensive 30-volume history of the Mongol nation.
Additionally, to study and share our nation’s history with our people, we have produced, for the first time, a fully annotated dictionary of “The Secret History of the Mongols.” We have organized the international exhibition “Chinggis Khaan–How the Mongols Changed the World” and showcased performances of the Morin Khuur National Ensemble, Mongolia’s cultural envoys, in various countries, thereby promoting our heritage worldwide. This Lunar New Year, we ceremoniously enshrine at the Chinggis Khaan National Museum the Golden Statue of the Great Chinggis Khaan, the Great White Banner, and the Imperial Seal of the Mongols, along with the public inauguration at the Great Khaan’s Urgoo [The Royal Chamber]. Furthermore, I am pleased to announce that from the start of this year, our centuries-old Mongol script has been reinstated as the official script for public office.
Our standing Mongol script has recorded and preserved the centuries of our state traditions, forming an essential pillar of Mongol culture, intellect, and national identity. It symbolizes our status as a sovereign nation. Thus, studying and mastering this script and safeguarding our cultural heritage should be a point of pride for every Mongol. Every one of us must remember that we guard the hearth of the Great Mongol Empire established by Chinggis Khaan, remain faithful to our Great Khaan’s teachings, uphold harmony and unity, and recognize that we are one Mongol people, one nation, one family. We must think open-heartedly, and stand together, caring for, protecting, and supporting one another as we work to develop our country so that our entire population may live in peace and harmony.
May the forthcoming ‘Eldev Erdenet’ Year of the Wooden Snake bring good health and tranquility to our elders, knowledge and capability to our youth, energy and vibrancy to our children, well-being for the entire population, a firm and stable state, a pure faith, and a peaceful world. May the blessings of spirit akin to the Eternal Blue Sky and our wisdom as wide as the steppes multiply and may our collective destiny flourish. May the spirit of our people rise high, and may we all enjoy a peaceful and prosperous New Year. Under the power of Eternal Blue Sky, may Mongolia prosper for eternity!”
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UAE and Bahrain to invest $500 million in Mongolia in first round www.gogo.mn

The United Arab Emirates and the Kingdom of Bahrain will collaborate on the exploration and production of oil, natural gas, and mineral resources in Mongolia, with an initial investment of $500 million.
Additionally, discussions have highlighted the potential for up to $10 billion in investment for a major renewable energy export project.
Negotiations are currently underway to conduct research and feasibility assessments. According to First Deputy Prime Minister T. Dorjkhand, the interest of Gulf countries in investing in Mongolia is growing due to large-scale construction projects proposed by the joint government, as well as the country’s political and policy stability.

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Volume of accumulated investments from UAE to Eurasian region grows by 18.4% in 1.5 years - EDB www.akipress.com

The accumulated investments of the UAE in the Eurasian region have showed stable annual growth for more than 8 years, according to the report of the Eurasian Development Bank (EDB, 2025).
The volume of accumulated investments of the UAE increased by 71% compared to 2016 and reached $12.2 billion at the end of the first half of 2024. The growth was 18.4% over the past year and a half.
The bulk of investment (90.3%)  in 2024 are primary investments.
According to the EDB, the total number of active projects involving investments from the UAE reaches 15. Purchase with expansion accounts for 8.2% of the total volume of accumulated investments with a total project value of $1 billion.

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