Policy Support to Boost Wool and Cashmere Exports www.montsame.mn

Prime Minister Zandanshatar Gombojav met with representatives of the wool, cashmere, and banking sectors on March 2 to discuss measures aimed at supporting exports and improving financing conditions.

During the meeting, the Prime Minister exchanged views with officials of the Bank of Mongolia and commercial banks on enhancing access to loans. He also addressed concerns raised by businesses in the wool and cashmere sector regarding stringent requirements for repaying previous loans before becoming eligible for new financing.

Representatives of the banking sector expressed their commitment to cooperating with and supporting exporters. They noted that the non-performing loan ratio has declined to 4.6 percent, marking its lowest level in the past 15 years. Governor of the Bank of Mongolia, Narantsogt Sanjaa stated that the possibility of issuing loans secured by reserved raw materials and major investment agreements, as well as introducing new financing products, will be studied.

At the conclusion of the meeting, the Ministry of Food, Agriculture and Light Industry was instructed to provide policy support for deep processing and spinning projects, facilitate businesses’ participation in major international exhibitions, and establish a unified wool and cashmere product sales center in the capital city.

It was also decided to organize a cashmere auction in Sukhbaatar aimag on March 21. The sector’s ministry has established a working group to oversee the preparations. In addition, the Ministry of Finance was tasked with studying and developing proposals on tax policy support measures.

In 2025, Mongolia exported 4,000 tonnes of combed cashmere, a 5.7-fold increase, generating USD 335 million in revenue.Of the country’s 6.8 percent economic growth in 2025, the agriculture sector accounted for 40 percent, driven largely by wool and cashmere exports.

The sector’s representatives believe that production capacity and export could be increased if support measures are provided, such as improving access to loans, including businesses in export promotion programs, and issuing loans secured by purchased raw materials and export contracts.  

Ulaanbaatar Approves 2026 Budget Amendments www.montsame.mn

The Citizens’ Representative Khural of Ulaanbaatar approved a resolution amending the capital city’s 2026 budget during its extraordinary 10th session.

The budget revision includes adjustments aimed at ensuring the city’s financial stability and maintaining continuity in essential investments and social services. Funding for projects in engineering infrastructure, public transportation, and pollution reduction has been updated to reflect current conditions. Several major projects whose financing had not been fully resolved by the end of 2025 will be incorporated into the amended 2026 city budget and continued. These projects are directly linked to urban infrastructure, roads and transportation, urban planning, engineering utilities, and the policy of decentralization.

The second line of the “Ulaanbaatar Tram” project will run from Sukhbaatar Square to the Buyant-Ukhaa Sports Complex. A new subcenter complex will be constructed in Khan-Uul District, while heating supply pipeline works will be carried out in Songinokhairkhan District.

Continuing these projects is intended to reduce traffic congestion, curb air pollution, decentralize the city, and gradually modernize engineering infrastructure as part of the city’s broader development policy.

Mongolian Peacekeepers Protect Over 1,400 Civilians in South Sudan www.montsame.mn

A military contingent of the Mongolian Armed Forces serving in the United Nations peacekeeping mission “UNMISS” is honorably carrying out its mandate to protect civilians in Abyei, South Sudan.

Since the 14th of last month, due to the security situation in the region, more than 1,400 civilians have sought protection and entered the base. Mongolian peacekeepers promptly received them and have taken over 1,400 civilians under protection.

As part of the civilian protection operation, the contingent set up a medical tent and established a primary care point, providing emergency medical assistance to injured civilians and isolating those requiring separation.

Among the civilians who sought protection was a pregnant woman close to giving birth. The base’s physician, Senior Lieutenant Tserenlkham Ts., and nurse Staff Sergeant Uuganbayar D. assisted with the delivery, ensuring the safe birth of the child and the well-being of both mother and newborn.

Ulaanbaatar electricity distribution network to be expanded www.gogo.mn

Prime Minister G.Zandanshatar met with energy and economic officials on March 1, 2026 to review pressing issues in the sector and gave instructions.

Officials told the meeting that earthworks for the Fifth Thermal Power Plant project have begun and drilling is under way; construction is planned to start on the first of next month. The preliminary report also covered progress on the 660 MW Bayan power plant and proposals to expand the Ulaanbaatar city electricity distribution network. 

The Prime Minister instructed the First Deputy Prime Minister and Minister of Economy and Development J.Enkhbayar, Minister of Energy B.Choijilsuren and Minister of Finance B.Javkhlan to draft a cabinet resolution outlining medium-term measures to ensure reliable, stable operation of the energy sector and to present it at a cabinet meeting this month.

Capital city sets April 15 deadline to launch all 2026 construction projects www.gogo.mn

A regular emergency meeting of the capital’s management held on March 2, reviewed progress on previously assigned tasks and procurement for the year, and the mayor ordered an accelerated timetable for tenders and construction. The meeting noted that implementation of the 14 tasks assigned at the previous emergency meeting stands at 87.1%.

At the meeting, D.Battsetseg, Head of the Capital Procurement Department, reported that the department is managing 350 projects for 2026. She said 259 new projects and measures have been launched so far and 45% of tenders have been announced. Of the 350 projects, 207 are works, 73 are goods and 70 are services. D.Battsetseg added that 54 projects have been authorised to sign contracts, 67 are under tender evaluation, 37 are receiving tender materials, 82 are preparing tender documents, and 110 lack final drawings, budgets or work instructions.

The Mayor Kh.Nyambaatar instructed officials to expedite and announce all remaining tenders so that construction can begin within the current building season. The Mayor ordered that all tender announcements for projects and activities be completed before April 15, that work unable to be tendered promptly be transferred to organisations that can implement it, and that priority be given to economically beneficial projects.

Foreign Minister to Pay Official Visit to Sweden and Norway www.montsame.mn

 At the invitation of Sweden’s Minister for Foreign Affairs, Maria Malmer Stenergard, Minister of Foreign Affairs of Mongolia Battsetseg Batmunkh will pay an official visit to the Kingdom of Sweden on March 2–3. She will then visit the Kingdom of Norway on March 4–5 at the invitation of Norway's Minister of Foreign Affairs, Espen Barth Eide.

During the visits, Minister Battsetseg will hold official talks with her counterparts and meet with senior government officials to discuss ways to strengthen and expand bilateral relations and cooperation, according to the Ministry of Foreign Affairs.

Mongolia established diplomatic relations with the Kingdom of Sweden on June 30, 1964, and with the Kingdom of Norway on January 11, 1968.

PDAC 2026: Mongolia’s exhibition booth officially opened www.en.mininginsight.mn

The official opening of Mongolia’s exhibition booth took place within the Trade Show North section of the PDAC 2026. At the PDAC2026 convention, held from March 1–4, 2026, the Minister of Industry and Mineral Resources, Member of Parliament G. Damdinnyam, along with representatives from the Parliament, the Government, and the private sector, are participating with a broad delegation. At the exhibition area, leading mining companies from Mongolia are presenting their operations, projects, and investment opportunities to international participants and investors.

More than 1,300 organizations and companies are participating in the exhibition component of “PDAC 2026,” showcasing minerals, exploration activities, equipment, technology, and investment opportunities — with Mongolia proudly among them.

Mongolia’s exhibition booth is evolving into an important platform for presenting the country’s mineral sector development policies, major ongoing projects, and partnership opportunities to representatives of the global mining industry, while also fostering new business connections.

Within the framework of the PDAC-2026 international convention taking place in Toronto, Canada, the Ministry of Industry and Mineral Resources of Mongolia, the Mongolian National Mining Association, and the Canada–Mongolia Chamber of Commerce jointly organized the “Mongolia Day 2026” event. The event aimed to expand Mongolia’s international cooperation in the mining sector, enhance investment opportunities, and promote strategic projects.

The event was officially opened by Mr. G. Battsengel, Chairman of the Board of the Mongolian National Mining Association, and H.E. Ms. E. Sarantogos, Ambassador Extraordinary and Plenipotentiary of Mongolia to Canada. Mr. G. Damdinnyam, Minister of Industry and Mineral Resources delivered the keynote address, presenting Mongolia’s mineral sector policy, recent legal and regulatory reforms, and ongoing measures to support investment.

In addition, Asian Battery Metals PLC, Erdene Mongol LLC, and Erdene Resource Development Corporation introduced their projects in Mongolia, outlining exploration activities, project development progress, and strategic objectives.

In the second part of “Mongolia Day 2026,” a panel discussion was held under the theme: “Why Mongolia? A Reliable, Responsible and Ready Partner for Mining Investment.” Representatives from the public and private sectors, as well as geological professionals from Mongolia and Canada, exchanged views on Mongolia’s mining competitiveness, investment climate, and international cooperation.

We extend our sincere appreciation to Erdenes Mongol LLC, Erdenet Mining Corporation SOE, Erdenes Tavantolgoi JSC, Mongolian Mining Corporation (MMC), and Asian Battery Metals PLC for their support in organizing this event.

Source: Miningmongolia.mn

Approximately 281 citizens of Mongolia reside in the Middle East, 40 of whom are in Israel www.open.kg

The Ministry of Foreign Affairs emphasized in a statement that the repatriation of Mongolian citizens in Israel will be organized, provided that appropriate applications are submitted. This information was reported by MiddleAsianNews.

Due to the ongoing tension between Israel, the USA, and Iran, the Minister of Foreign Affairs strongly advises against traveling to Israel, Iran, and other countries in the Middle East.

Currently, about 40 citizens of Mongolia reside in Israel, who are either married to Israelis or have obtained Israeli citizenship. There are no citizens of Mongolia in Iran.

Considering the current situation, the Mongolian embassy in Ankara has created a chat for its citizens in Israel to ensure the exchange of information and advice.

In response to requests from Mongolian citizens, repatriation will be carried out through the Egyptian border from Tel Aviv using the port of Taba, based on previously accumulated experience.

Approximately 281 citizens of Mongolia currently live in the Middle East. Among them:

Israel — 40,
UAE — 80,
Egypt — 45,
Kuwait — 38,
Saudi Arabia — 23,
Jordan — 1,
Oman — 2,
Bahrain — 33,
Qatar — 19.

The Ministry of Foreign Affairs continues to provide support by offering consultations and information through its embassies in Ankara, Abu Dhabi, Cairo, and Kuwait for citizens in the region.

Mongolia issues alert for blizzards, dust storms, strong winds www.xinhuanet.com

Mongolia's National Agency for Meteorology and Environmental Monitoring on Sunday issued a warning of blizzards, dust storms and strong winds that are expected to cause poor visibility.

Blizzards are forecast to hit the eastern provinces of Khentii, Sukhbaatar and Dornod, as well as the central province of Tuv, over the next three days.

Meanwhile, strong winds and dust storms are expected to sweep across the southern Gobi provinces, including Umnugovi and Dornogovi. The average wind speed is estimated at 18 to 24 meters per second, according to the weather monitoring agency.

The agency has urged the public, particularly nomadic herders and drivers, to take extra precautions against possible hazards.

Mongolia has a harsh continental climate, and strong winds, dust storms and snowstorms are common in spring.

In late February, two nomadic herders lost their lives in a blizzard while tending their livestock in Khalkhgol soum of Dornod Province.

Draft Law on Recalling Member of Parliament Initiated by President to be Submitted to Parliament www.montsame.mn

The Chief of Staff of the Office of the President of Mongolia, Uilstuguldur Altankhuyag, announced today at a press conference at the State Palace that President Khurelsukh Ukhnaa has initiated a draft Law on Recalling a Member of Parliament and will submit it to Parliament.

He said that the purpose of the draft law is to implement the fundamental principles of the Constitution, safeguard Mongolia’s democratic parliamentary system, strengthen public oversight of Parliament, reinforce discipline and ethics, and uphold justice.

The draft law sets out the following grounds for recalling a Member of Parliament:

First, if a Member of Parliament commits an ethical violation, he or she will be held legally accountable.

Second, if a Member of Parliament breaks an oath or commits a serious violation, the matter will be reviewed by the Parliamentary Subcommittee on Ethics, and then discussed at a plenary session of the Parliament. The final decision on recalling the Member of Parliament will be made by the Constitutional Court.

Third, if a court’s final ruling confirms that a Member of Parliament has committed a crime, the Member will be recalled.

Fourth, accountability of political parties holding seats in Parliament will be strengthened. If a Member of Parliament elected through the party-list system commits a serious ethical violation, that Member will also be subject to recall.

Secretary of the National Security Council Byambajargal Altangerel noted that the 1992 Constitution grants the Constitutional Court the authority to decide on the recall of a Member of Parliament. The 2019 constitutional amendments also included grounds for recalling a Member of Parliament; however, the specific procedures and stages of the recall process have remained unclear.

He emphasized that the draft law initiated by the President will aims to clarify the recall process, enable citizens to exercise oversight, allow Parliament to protect its integrity, and ensure proper constitutional supervision.

“In other words, where ethics are upheld, the rule of law prevails. Within his constitutional powers, the President is initiating an ethics revolution,” he added.