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    

Category

Events

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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I.Baatarkhuu: If central stadium is not getting bigger, festival ticket is still an issue www.theubposts.com

June 29, the organizing committee of the National Naadam Festival provided information about the preparation process for the festival.
On this occasion, the Secretary of the Organizing Committee, I.Baatarkhuu said, “To get tickets for tourists, tourist companies apply to the Ulaanbaatar Tourism Department and gets distributed according to the request. In connection with the government making 2023 “The Year of Visiting Mongolia”, the number of tickets for tourists is increased by around 400. The Central Stadium has 11,000 seats, and to accommodate more people, it was decided to sell two-day tickets separately. This means that those watching the wrestling tournament do not need to buy tickets for the first day. Unless the Central Stadium is enlarged, the issue will continue to prevail.”
630 SERVICE PERMITS TO BE GRANTED DURING NAADAM FESTIVAL
A total of 630 trade and service permits are planned to be issued during the Naadam Festival. Specifically, 95 pavilions for food and non-food trade and 195 pavilions for food production and services (khuushuur), totaling 290 pavilions, will be set in the Central Stadium. It includes:
For Bayanzurkh District: 70 pavilions for food production and services and 25 pavilions for food and non-food trade;
For Khan-Uul District: 55 pavilions for food production and services and 23 pavilions for non-food trade;
For Chingeltei District: 70 pavilions for food production and services and 25 pavilions for non-food trade;
10 pavilions for digital services for tourists;
12 pavilions for the Department of Small and Medium Enterprise­s (SMEs).
45 food and non-food trade pavilions, 200 gers of food and production services (khuushuur), and a total of 245 points of trade and services will be organized in the Khui Doloon Khudag, horse racing area. It includes:
For Songinokhairkhan District: 80 pavilions for food production and service and 20 pavilions for food and non-food trade;
For Bayangol District: 40 pavilions for food production and services and 10 pavilions for food and non-food trade;
For Sukhbaatar District: 40 pavilions for food production and services and 10 pavilions for food and non-food trade;
For Mongolian Games Complex: 40 pavilions for food production and service and five pavilions for food and non-food trade.
It is planned to set 50 handicrafts, souvenirs, and cultural goods shops and 45 games, and a total of 95 points and services in the culture and art area of the Khui Doloon Khudag.
Requests for trade in crafts, souvenirs, cultural goods, and games services will be accepted through the online registration system at www.service.ulaanbaatar.mn until June 30 at 5.00 p.m.
NAADAM FESTIVAL PARKING FEE COSTS 21,000 MNT
For the second year, tickets for the opening and closing of the festival, the national wrestling tournament, and parking fees for parking at the Central Stadium and Khui Doloon Khudag will be issued digitally. One person can get five tickets.
Starting from July 1 at 11:00 a.m., citizens can purchase their parking fees by logging into the www.enaadam.mn website. The delivery service will be handled by Mongol Post Company, and citizens can pick up the ticket at their nearest post office or home delivery.
The price of a parking permit is 21,000 MNT, and it has the following types.
“M” red – Khui Doloon Khudag;
“M” blue - Khui Doloon Khudag, public;
“G” green – the Central stadium, Khui Doloon Khodog and public.
Observations:
Before getting tickets and fees, it is necessary to create an account at www.enaadam.mn. When doing so, register your phone number, personal information, and delivery address;
Up to five parking fees are issued per person;
Fees are paid in one hour. This will not increase the burden on banks and payment systems;
By July 10, Mongol Post Company will deliver the tickets to registered addresses of citizens and to post offices. Shipping charges will be added;
Qpay tools can be used for payment;
There are several reasons why citizens' orders may not be confirmed. For example:
Delays in payment processing due to your payment not being successful or due to bank transactions or internet outages;
The order confirmation period has passed;
Incorrectly entered payment value (in case of payment by account);
Please note that early payment is not guaranteed. The successful payment status must be checked.
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PM’S VISIT: “Welcome to Mongolia” Event in Beijing www.montsame.mn

The Government of Mongolia has declared 2023-2025 as the "Years to Visit Mongolia" and is especially supporting investment and tourism and promoting Mongolia internationally. As part of the official visit of Prime Minister of Mongolia Oyun-Erden to China, the "Welcome to Mongolia" event was organized on June 29 in Beijing.
The Prime Minister attended the event's opening and delivered a speech, saying "The basis of friendly relations between countries is mutual trust and cooperation between people. "This official visit focuses on strengthening mutual trust between people and enterprises."
“At the Mongolia-China business forum, I stated that the private sector investment was USD 600 million or CNY 3 billion. However, by the time we arrived at this event, the investment has reached USD 2.8 billion or CNY 20 billion as the memorandums of cooperation had been signed. The investment issue of the Bichigt-Khuut-Choibalsan Railway along the eastern vertical axis of Mongol has been resolved, and the loan agreement for the Erdeneburen Hydropower Plant has been also fully resolved. This is proof that the bridge for mutual trust and new revival has been fortified,” he emphasized.
During the "Welcome to Mongolia" event organized within the framework of the official visit by Prime Minister L. Oyun-Erden, the "Four Seasons" concert that showed the connection between the history and culture of Mongolia was presented to more than 350 representatives of business, tourism, art, and culture of China.
Mongolia aims to receive one million tourists in 2023, and it is estimated to welcome 400,000 tourists from China.
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Feminist diplomacy - Mongolia – Visit by Catherine Colonna (June 28, 2023) www.diplomatie.gouv.fr

Minister for Europe and Foreign Affairs Catherine Colonna will visit Ulaanbaatar on June 29 and 30 at the invitation of the Mongolian Minister of Foreign Affairs, Battsetseg Batmunkh.
Minister Colonna will take part in a foreign ministers meeting on feminist diplomacy and women’s rights that is being organized by Mongolia and co-sponsored by France and Germany.
The Minister’s visit is also intended to follow up on President Macron’s May 21st state visit, which was the first visit to Mongolia by a French head of state. To this end, Minister Colonna has been invited to attend bilateral meetings by Mongolian President Ukhnaagiin Khurelsukh and Battsetseg Batmunkh.
Building on the dynamic created by the two heads of state in May, the Minister’s visit will allow France to deepen its partnership with Mongolia. This partnership aims to strengthen the two countries’ sovereignty and strategic autonomy in key sectors such as energy, critical metals, telecommunications, security and agriculture.
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SheTrades Hub Mongolia center opens to support businesswomen in obtaining new opportunities and skills www.akipress.com

SheTrades Hub Mongolia, a center of the SheTrades initiative at the International Trade Centre (ITC), was opened yesterday during the World Export Development Forum 2023 in Ulaanbaatar, Mongolia on June 26-29 under the auspices of President Khurelsukh Ukhnaa.
"Mongolia supports the ITC's initiative in 2015 to establish SheTrades Hub centres on empowering women engaging in international trade and creating a women-inclusive fairer business ecosystem. SheTrades Hub Mongolia centre is awaited to provide Mongolian businesswomen opportunities to obtain new knowledge and skills and introduce it domestically," Minister of Labour and Social Protection Bulgantuya Khurelbaatar emphasized in her opening remarks at the launching ceremony.
SheTrades Hub Mongolia is the 14th center of the ITC initiative. It will help women businesses to enter new markets by connecting them to the international network. Moreover, connecting domestic businesses is significant for empowering women and getting financing in the technology sector, notes ITC Executive Director Pamela Coke-Hamilton. SheTrades Hub Mongolia is being established under the Mongolian National Chamber of Commerce and Industry.
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French Foreign Minister Visits Mongolia With Eye On Minerals www.afp.com

French Foreign Minister Catherine Colonna arrived in Mongolia on Thursday for a visit aimed at strengthening ties and boosting her country's access to the Asian nation's vast rich mineral resources.
"I've arrived in Mongolia, a democracy three times the size of France, landlocked between China and Russia," Colonna said in a tweet.
France and Mongolia, she said, share a "partnership that strengthens the sovereignty and strategic autonomy of our two countries".
The visit will build on a trip to the country by President Emmanuel Macron last month, a diplomatic official told reporters.
"Mongolia is full of resources which are not sufficiently exploited and which are not all identified," the official said.
France, they added, "has several projects in progress, including a major one which aims to exploit uranium mines", referring to a project by French nuclear firm Orano yet to be approved by the Mongolian government.
The project is estimated at "more than a billion euros" and will "make it possible to extract a significant quantity of uranium" to "reinforce the strategic autonomy" of France, said the official.
"Orano aims to make it a model of sustainable and responsible exploitation of resources", the official added, in a field "traditionally" associated with pollution and damage to the living conditions of local people.
A deal is being negotiated, they added, and is on a "tight schedule".
Colonna will meet Mongolian President Ukhnaa Khurelsukh and the country's top diplomat on Friday.
On Thursday, she will take part in a meeting of foreign ministers on the theme of feminist diplomacy and women's rights, organised by Mongolia and co-sponsored by France and Germany, Paris's foreign ministry said.
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President Khurelsukh: Strong partnership and close cooperation among women leaders are critical to achieving gender equality www.montsame.mn

The Female Foreign Ministers’ Meeting commenced today in Ulaanbaatar, bringing together female foreign ministers of countries around the world, ambassadors for gender equality, and representatives from the UN and other international organizations.
We are presenting the full transcript of the opening remarks by President of Mongolia Khurelsukh Ukhnaa, delivered at the Female Foreign Ministers’ meeting.
Esteemed Foreign Ministers,
Distinguished delegates,
Ladies and gentlemen,
Good morning to you all, who have gathered here to participate in the international meeting of Female Foreign Ministers on this auspicious day.
I wish to express my sincere gratitude to our third neighbors, German Federal Foreign Minister Ms. Annalena Berbock and French Minister for Europe and Foreign Affairs Ms. Catherine Colonna, for their invaluable co-sponsorship of the meeting.
Historical records dating back eight centuries reveal that envoys and representatives from the East and the West gathered in Karakorum, the ancient capital of Mongolia, to discuss the strengthening of people-to-people relations and solidarity, promotion of understanding among religions, and expansion of trade and commerce.
With utmost appreciation, I extend my heartfelt gratitude to the esteemed Female Foreign Ministers and guests who, likewise, have convened from across the globe to address the challenges faced by the global community and in international relations, including peace and security, climate change, and the formidable challenges of food security.
In the 13th century, the Great Chinggis Khaan, under the principles of statehood and the rule of law, brought peace and harmony to the West and the East, established “Pax Mongolica” in the vast terrain of Eurasia.
During the “Pax Mongolica” era, paramount importance was accorded to the rule of law, and thus fostered an environment where nations coexisted harmoniously, free from conflicts, and thereby laid the foundation for a peaceful life.
Jack Weatherford, renowned American scholar and recipient of the Order of Chinggis Khaan, and other international scholars have extensively documented in their works the important roles played by Mongol women and queens in these historical times.
Nowadays, the role and leadership of women leaders are crucial to ensuring global peace and security, and achieving the sustainable development goals.
We now have less than half the time to achieve the SDGs compared to when it was adopted and the implementation of the 5th goal of ensuring gender equality still remains still insufficient.
Gender statistics highlight the importance of bolstering female representation at decision-making levels, fostering robust support for women's employment, and empowering women economically as primary areas of concern.
Researchers have concluded that as the proportion of women in national parliaments increases, the likelihood of violence, human rights violations, wars and conflicts decreases.
Hence, fostering a world free of gender inequality stands as our shared aspiration. It is our collective duty and responsibility to collaborate towards its realization.
Strong partnership and close cooperation among women leaders are critical to achieving gender equality.
I am confident that today’s Female Foreign Ministers’ Meeting will contribute to the achievement of the SDGs, in particular gender equality, highlight the importance of women’s participation and leadership in addressing global challenges, and strengthen their leadership and political will.
Distinguished delegates,
Evidence shows that women’s heightened participation in political and public life and decision-making level enhances the prospects of resolving interstate misunderstandings, mistrust, disputes and conflicts through dialogue and consultation, while further increasing the likelihood of its successful implementation and the longevity of peace agreements.
Mongolia has long pursued a peace-loving, open, multi-pillared and independent foreign policy and has actively participated in the strengthening of international peace and security and contribute to peacekeeping endeavors.
Presently, in terms of the number of women peacekeepers, Mongolia ranks 17th out of 120 countries, which donate military and police forces to the UN Peacekeeping operations, leading the Northeast and Central Asian regions.
In commemoration of the 20th anniversary of Mongolia's participation in UN Peacekeeping operations, we took the lead in organizing an international conference entitled “Strengthening the Role of Women in Peacekeeping” in 2022.
Furthermore, during my address at the General Debate of the 77th session of the UN General Assembly, I proclaimed Mongolia's decision to hold the conference every five years.
We do hope that this decision will fortify the implementation of UN Security Council Resolution 1325 on Women, Peace and Security, while concurrently raising awareness of the importance of increasing the number of women in peace processes.
Therefore, I would like to emphasize the importance of your cooperation, courage and determination and efforts in amplifying women’s leadership and active participation in tackling the global challenges such as fortifying international peace and security, and easing tensions through peaceful means and dialogue.
Distinguished delegates,
Climate change, biodiversity loss, desertification, soil degradation, water scarcity and droughts remain high on the agenda of the challenges that humanity needs to address.
Mongolia is one of the countries heavily affected by climate change.
Mongolia is experiencing global warming at a rate twice as fast as the global average. Over the last 70 years, average temperature in Mongolia rose by 2.2 percent and precipitation decreased by about 7 percent.
In order to combat and alleviate the impacts of climate change, desertification and yellow dust storms, while simultaneously enhancing water resources and forested areas, the national movement "Billion Trees" is being effectively rolled out in our country to plant and grow billions of trees.
I am pleased to note that the "Billion Trees" national movement received support from governments and development partners, international organizations, leading Mongolia to become the first Asian country to participate in the EU's Forest Partnership program in 2022.
With a view to contributing to addressing climate change and mitigating its negative impacts both at the regional and international levels, as well as to protecting the environment, I am pleased to inform that preparations are underway to host the 17th session of the Conference of the Parties to the UN Convention to Combat Desertification (UNCCD COP17) in 2026 in Mongolia.
As Mongolians, our rich cultural heritage is deeply rooted in nomadic traditions and a pastoral way of life.
Regrettably, 77 percent of our land has been affected by desertification and land degradation.
The ever-dwindling rangelands pose a grave threat to the livelihoods of over 200 million people across nomadic civilizations worldwide, including ours, as climate change, land degradation, desertification, drought and the “dzud” winter disasters persistently jeopardize their way of life.
I am pleased to note that in order to protect their interests, improve pasture management and use, preserve ecosystem balance, and provide global food security and supply, Mongolia initiated a UNGA resolution entitled “International Year of Rangelands and Pastoralists, 2026”, which was adopted in 2022.
Although climate change is affecting everyone on the planet, its impact is disproportionate and varies across age, gender, ethnicity and other socio-economic factors.
UN climate studies reveal that women comprise 80 percent of those displaced by climate change.
According to the analysis of Carbon Brief, 70 percent of the climate and health related researches indicate that compared to men, women face greater vulnerability to health-related consequences resulting from climate change
Therefore, I wish to underline that international cooperation is essential for the effective implementation of gender-sensitive budgeting at the international, regional and national levels, ensuring women's participation in decision-making processes in the areas of climate change, environment and disaster risk reduction.
Distinguished delegates,
According to a UN statistic, in 2021 one third of the global population faced food insecurity and the number of people affected by hunger globally had risen by 350 million compared to the pre-pandemic period.
International organizations have estimated that by 2030, 670 million people, constituting 8 percent of the world’s population, will still be facing hunger.
Mongolia has been implementing the “Billion Trees” national movement alongside other programs focused on “Food Supply and Security” and “Healthy Mongolians” in order to implement the Sustainable Development Goals and to create a healthy environment, where people would live a healthy life by consuming healthy food.
We express our profound gratitude to the international organizations and countries for their cooperation on implementing these programs.
Women contribute to over 50% of the world’s food production.
Therefore, empowering women in agriculture, fostering their active participation, and embracing innovation and digital technologies to combat food insecurity, alleviate hunger, and reduce poverty stand as the most effective solution to improve food security and reduce hunger and poverty.
In our collective pursuit of a world brimming with peace and harmony, let us unite in the acknowledgment that gender equality and the safeguarding of women's rights, as indispensable components of human rights, serve as primary benchmarks for democracy.
I wholeheartedly extend my warmest wishes to all women and mothers, who bring forth life and embody the nurturing essence, hoping for their utmost happiness and well-being in this world.
The role and participation of women are imperative in ensuring national solidarity and prosperity, and in the well-being of families. In the same manner, I wish to accentuate the indispensable role of women and women leaders in the security and development of humanity.
I truly wish every woman, mothers of life and root of all success, the very best in this world.
Welcome to our beautiful country and I wish you a memorable stay in Mongolia!
I thank you for your attention.
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Mongolian exhibitors started to prepare for "Tokyo Fashion World 2023" the Japanese largest trade show www.mongolianbusinessdatabase.com

Cashmere Holding, Yalguun Accessories, Michel & Amazonka and 93 Kidult are going to represent Mongolia at "Tokyo Fashion World" the Japanese largest trade show in Big Site Tokyo between 10-12 Oct. 2023.
The exhibitors will present their fashion designs to the visitors and they will also have an opportunity to meet the potential international trading agents who will gather at the show for 900 international exhibitors and Japanese leading trading firms, department stores, and boutiques.
MBD represents RX Global UK-based corp in the country and assists/promotes the Mongolian participants with RX Japan the host organizer in Tokyo.
Yalguun Accessories: The company was founded in 2017. Employs 50 people and created more than 600 own product profiles. Yalguun has 7 sales units in Ulaanbaatar and it manufactures its brand of silk scarfs by the own fashion design.www.yalguun.mn
Cashmere Holding: One of the leaders in the Mongolian Cashmere sector known as Eermel or/and its Evseg brand. The company employs more than 1300 workers and its finest cashmere products are made from the very beginning of the procedure like collecting the raw cashmere from the herders. Most of the sales go to the EU and UK as labeled export products. www.cashmereholding.com
Michel & Amazonka: Is a fast-growing fashion design company that employs 50 people including 25 professional designers. The company was established in 2015 by designer sisters Michel Choigaalaa and Amazonka Choigaalaa. Mongolian athletes of the Tokyo 2020 Olympic Games dressed M&A fashion-designed clothes and MIAT (Mongolian Airline) aircrew is having M&A-designed uniforms from now on. www.michelamazonka.com
93 Kidult: The company was established in 2016 and specializes in modern fashion design work mostly on streetwear and activewear types and production.
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French minister to push 1 bln euro uranium deal on trip to Mongolia - sources www.reuters.com

PARIS, June 28 (Reuters) - French Foreign Minister Catherine Colonna heads to Mongolia on Wednesday aiming to push a potentially 1 billion euro uranium deal for nuclear group Orano that Paris hopes can be concluded in the autumn, French diplomatic sources said on Wednesday.
President Emmanuel Macron stopped off in Ulaanbaatar in May on his return from a G7 summit in Japan, saying that the two countries had agreed to work together to boost French energy sovereignty through the supply of critical metals from Mongolia.
"Mongolia is full of resources and resources that aren't sufficiently exploited, and not all identified," a French diplomatic source told reporters ahead of Colonna's visit.
"There is one major project, which is an Orano project that aims to exploit uranium mines," the source said. "It is ... worth more than 1 billion euros ($1.1 billion) and enables the extraction of a large quantity of uranium."
"It's advancing well, and there is an agreement that is being negotiated with the objective to conclude by next autumn."
According to the company's website it and its partner, Mongolian state-owned Mon-Atom, are working with Mongolian authorities on an investment agreement for the Zuuvch Ovoo project, one of two for which their Badrakh Energy joint venture received mining licenses in 2015.
Orano confirmed the project in question was Zuuvch Ovoo and said in an emailed response to Reuters that negotiations were ongoing and that the company aimed to develop the first uranium mine in Mongolia, "applying the highest standards in terms of health, safety and the environment, as well as social responsibility."
Orano, a major uranium producer with mines in Canada, Kazakhstan and Niger, has been in Mongolia for more than 25 years, carrying out exploration activities, its website showed.
Nearly 80% of Mongolia's total exports go to China, but the mineral-rich country is working to expand trade and mining relationships beyond its two big neighbours China and Russia and hopes to become a bridge between Europe and Asia.
Mongolia is home to major deposits of rare earth minerals, which are essential to many high-tech manufacturing processes and are used in electric vehicles, wind turbines, portable electronics, microphones and speakers.
"There will be other meetings to see what we can do to identify resources and prepare possible exploration cooperations," the diplomatic source said.
($1 = 0.9142 euros)
Additional reporting by Benjamin Mallet; Editing by Jan Harvey and David Evans
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China to deepen political trust, cooperation with Mongolia: Premier Li www.news.cgtn.com

Chinese Premier Li Qiang said on Wednesday that China stands ready to deepen political mutual trust and mutually beneficial cooperation with Mongolia.
Li made the remarks when meeting with Mongolian Prime Minister Luvsannamsrai Oyun-Erdene in Beijing.
Noting that China and Mongolia are important neighbors linked by mountains and rivers, Li said the development of long-term and steady good-neighborliness serves the fundamental interests of the two peoples.
China is willing to work with Mongolia to faithfully implement the consensus reached by the two heads of state, continue to enrich the China-Mongolia comprehensive strategic partnership, and accelerate the construction of a China-Mongolia community with a shared future to better benefit the two peoples, he noted.
Li said China is ready to offer mutual support on issues related to the two countries' core interests and major concerns. As China is advancing Chinese modernization, Li said, it is willing to deepen cooperation of various fields with Mongolia, and welcomes the Mongolian side to share the new opportunities brought by China's development.
He urged efforts to synergize strategies in an improved manner, jointly build a high-quality Belt and Road, facilitate trade and investment, and expand cooperation in the mining and energy sectors. He said efforts should also be made to enhance the connectivity of borders and ports, intensify cooperation on desertification control, enhance exchanges in such areas as tourism and education, and promote amity between the two peoples.
China will continue providing assistance to Mongolia to the best of its capacity for the latter's economic and social development, Li added.
Oyun-Erdene said that strengthening cooperation with China is a priority in Mongolia's foreign policy. Mongolia adheres to the one-China principle, and thanks China for providing valuable support for Mongolia's efforts to fight COVID-19, he said.
Mongolia is willing to deepen cooperation with China in such fields as ports, energy and mining, science and technology, tourism, anti-corruption work, desertification control, urban planning and youth affairs to bring bilateral ties to new heights, Oyun-Erdene said.
After the conclusion of the meeting, Li and Oyun-Erdene witnessed the signing of multiple bilateral cooperation documents on issues such as transportation, finance, quarantine, media and wildlife conservation.
(With input from Xinhua)
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Nepal and Mongolia sign pact for joint pashmina promotion www.kathmandupost.com

Nepali Pashmina entrepreneurs and Mongolian officials have reached an understanding to collaborate for quality testing and analysis of wool fibres and to exchange knowledge and research works in the sector.
A memorandum of understanding was signed between the Nepal Pashmina Industries Association (NPIA) and the Research and Development Institute of Light Industry (RDILI) of the Mongolian government in Ulaanbaatar on Wednesday.
Vijoy Dugar, the president of the NPIA, and Turmunkh Togmid, the Director of the RDILI, signed the pact on behalf of their respective agencies, in the presence of Madhu Kumar Marasini, secretary at the Ministry of Industry, Commerce and Supplies, and Jambaltseren Tumur-Uya, state secretary of the Ministry of Food, Agriculture and Light Industry of Mongolia.
Under the MoU, Nepali pashmina entrepreneurs will get samples of pashmina fibre, semi-processed wools, and woollen products tested and analysed by RDILI in Mongolia.
Similarly, both parties have also agreed to share experience, knowledge, and research with each other in the coming days.
The MoU was signed on the sideline of the World Export Development Forum (WEDF) 2023 organised by the International Trade Centre in Ulaanbaatar, Mongolia, which was also attended by a Nepali delegation involving senior government officials and private sector representatives.
The event offered diverse sessions aimed at discussing a wide range of issues pertaining to the export promotion of least-developed countries.
Businesspeople, policymakers, representatives of development partner agencies, and experts discussed regional business connectivity, business voices of landlocked countries, business networking, youth and women participation in businesses, and digital transformation with local innovation.
The EU-funded Trade and Investment supported the participation of Nepali pashmina entrepreneurs at the four-day event that kicked off on Monday.
NPIA was among the 130 companies that participated in the B2B meetings during the WEDF in Mongolia.
“The MoU is a significant step towards securing benefits from Mongolia's experience in woollen and Cashmere production and export and exchanges of various research and innovation in this field,” said Marasini.
Jambaltseren Tumur-Uya, Director of RDILI, said, “The MoU paves the way for Mongolia’s support on quality testing and analysis of Nepali cashmere products from Nepal, expansion of business relations between the two countries and, exchange of knowledge and research works in this field.”
NPIA President Dugar, said, “This MoU provides an opportunity for Nepali pashmina entrepreneurs to take benefits from the long experience and expertise of Mongolia which is a leading producer and exporter of cashmere and woollen products.”
Officials from Nepal and Mongolia also discussed concerns to be raised by Landlocked Developed Countries (LLDCs) at international forums. They stressed the need to establish solidarity among LLDCs to uphold their common interests and agenda.
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