‘Baby Yak’ to be exported to Norway www.montsame.mn

Arkhangai /MONTSAME/. One of the local brands of Arkhangai aimag, Baby Yak, is to begin exporting scarves and swaddle blankets to Norway.

Gigi Hadid’s Favourite Cashmere Comes With A Sustainable Caveat www.vogue.co.uk

Depending on what you read, cashmere is an ecological catastrophe waiting to happen. The boom in popularity of this once ultra-luxurious wool, and the subsequent proliferation of cut-price cashmere sweaters on the high street, has apparently forced the cashmere industry to its crisis.

Mongolia, where the majority of the world’s cashmere is produced, is bearing the brunt of the increase in demand. With temperatures frequently hitting -40 degrees Celsius, the region’s goats have developed fluffy undercoats to protect themselves over the harsh winters; these are then sheared by nomads in April-time and sold to manufacturers. Reports suggest that with an increase in demand for wool, more goats have been raised on the pastures than the grasslands can handle. There is also concern for the nomad herdsmen’s welfare, as prices have fallen dramatically. Then there’s the issue of quality: a lot of companies claim to source from Mongolia, but are actually purchasing wool from Inner Mongolia, an autonomous region of northern China.

So, where to go for ethically-sourced, sustainably-produced cashmere as temperatures in the UK drop? Try Mandkhai, a newish brand by Mandkhai Jargalsaikhan, which specialises in goat-to-garment transparency, not to mention deliciously soft cashmere. The 30-year-old designer knows her wool: she is Mongolian, and her parents were the first family to set up shop in post-Communist Mongolia twenty-five years ago, with a cashmere factory. The family’s two factories now comprise one of the country’s biggest cashmere manufacturers – as well as a tourist hotspot. “I can remember Julia Roberts and Richard Gere dropping by the factory to see the spinning machines when I was a child!” Jargalsaikhan laughs.

Mandkhai designs are as cosy and comforting as one would expect – and Gigi Hadid is a fan. The model has been regularly spotted in New York swaddled in her chunky mocha-hued, Mandkhai ribbed cashmere coat. “People think we paid her – but we loaned a sample via our PR company and she must just like it,” Jargalsaikhan says. “My dad doesn’t know who she is, but we see a spike in sales on our website every time she wears it!”

Jargalsaikhan came to London in her twenties to study fashion and marketing and has never left. Having completed a post-university accountancy course – “I need to know my numbers” – she set up her own brand in addition to acting as a wool supplier to designers including Rejina Pyo and Grace Wales Bonner. “There was a gap in the market for something different and modern. We’ve moved on from the navy blue crew-neck. And people are looking for quality and transparency.”

Ah – transparency. How can she guarantee her wool comes from happy goats and equally happy herdsmen? “The goats and sheep we source our wool from are free-roaming, so there’s lots of land for them to graze on,” she says. “We’ve been working with the same nomads for years so we always pay them a fair price – over 60 per cent of the price of each garment goes on raw materials, and I know that they have a good quality of life. Then there are the women in the factories, many of whom have worked with our family for years.” The factories, one of which deals with dyeing and spinning of the raw materials, the other for processing and knitting, are run by Jargalsaikhan’s mother, “an encyclopaedia of cashmere” who trained in knitwear in Japan.

Furthermore, reports that Mongolia’s cashmere industry is devastating the land have been exaggerated, Jargalsaikhan asserts. “Mongolia is a huge country – it’s five times the size of Germany – with only three million people living in it. Many of the herds are free-roaming so they don’t decimate the land because they’re moving around a lot. A lot of the sheep who provide the cashmere wool which is harvested every year in April actually die over the winter due to the cold. So, nature has its way of balancing out the herds.” Her family’s factory produces very little waste. “We sell on anything left over to make felt. I looked into what happens to the fabric over time, and it is entirely biodegradable, so there’s no damage to the environment, unlike the fibres in a synthetic sweater.”

Not that she’d ever purchase a synthetic fibre – this is a woman who lives in cashmere, 24/7. “I know I’m very lucky,” she laughs. “But it’s just the best fabric in the world.”

Report on bolstering foreign investment discussed with private sector www.montsame.mn

Ulaanbaatar /MONTSAME/ International Finance Corporation (IFC), a member of the World Bank Group, has recently released a report to help Mongolia formulate a new investment policy and strategy to better leverage existing foreign direct investment (FDI), attract new forms of FDI, and diversify its economy. This week, IFC and the National Development Agency (NDA) are holding another round of consultation that focuses on private sector stakeholders.

Mongolia to construct six international airports www.news.mn

During 2017, Mongolia received 470,000 tourists who have contributed over USD 400 million to the Mongolian economy. Analysts have divided the tourism sector into divided into 14 sub-divisions; of all tourists travelling to Mongolia, some 36 percent came to see the country’s beautiful nature; 28 percent of them came to witness nomadic culture and others in search of adventures.

Mayor of Mongolia's capital resigns after PM's criticism www.xinhuanet.com

ULAN BATOR, Nov. 27 (Xinhua) -- Mayor of Mongolia's capital Ulan Bator, Sundui Batbold, announced his resignation Tuesday after the country's Prime Minister demanded him to resign.

Feds are defeated in attempt to keep Mongolian dinosaur skull www.dallasnews.com

For James Godwin, it wasn’t about the money - or even the fossil.

The Wichita Falls anesthesiologist and fossil enthusiast certainly values his Tyrannosaurus bataar skull. But for him, challenging the government’s attempt to take it from him was about principle as well as basic property rights.

“In this country, the government should not be able to walk into your house on some third party’s word and take your property,” Godwin said in an interview Tuesday.

His perseverance paid off.

A federal judge in Fort Worth ruled on Monday in Godwin’s favor after a one-day trial last week over whether the large dinosaur skull should remain with Godwin or be returned to Mongolia from where it was allegedly unearthed years ago.

U.S. District Judge Reed O’Connor agreed with Godwin’s argument that the U.S. attorney’s office waited too long to file its 2017 forfeiture lawsuit, thus violating the five-year statute of limitations.

The government had said that Godwin’s 70 million-year-old dinosaur skull, which belonged to an Asian relative of Tyrannosaurus rex, was among a group of dinosaur fossils stolen from Mongolia years ago.

Godwin, 76, is believed to be the first U.S. owner of a Mongolian dinosaur fossil to contest a government forfeiture action since authorities began cracking down in 2012 on the little-known black market in dinosaur bones.

Since the investigation began, numerous specimens have been returned to Mongolia, and two men were convicted in federal court of smuggling fossils into the U.S. after pleading guilty to the charges against them.

Michael A. Villa Jr., Godwin’s Dallas-based attorney, said a “lack of clarity” over ownership issues related to Mongolian dinosaur fossils remains. The U.S. attorney’s office, he said, cited in court filings a “patchwork” of Mongolian laws that changed over the decades and underwent several different translations in the process.

“And somehow my non-lawyer client is supposed to know all this,” Villa said.

O’Connor, in a recent ruling in the case, wrote that he made no findings as to whether Mongolian law was violated.

The U.S. attorney’s office released a statement Tuesday saying it respects the judge’s decision.

“As the judge noted, our case established probable cause for the forfeiture of the bataar skull, which was stolen from Mongolia for purposes of the National Stolen Property Act and brought into the United States illegally. The Northern District of Texas will continue to vigorously pursue cases involving the theft of cultural property.”

Villa said one of the government’s own experts wrote in a publication that he’d seen dinosaur fossils being sold openly in Mongolian markets. The expert, he said, also wrote that pieces of bataar fossils have been found in China, Kazakhstan and Russia.

Villa said he will ask the government to immediately return his client’s fossil, which is currently being housed in a Montana museum.

Godwin said he will return the skull to its rightful place on a display stand in the museum room of his Wichita Falls house.

“The fundamental premise of this country is that I have a right to my property ... and due process,” he said.

'I felt violated'
Godwin, who has a passion for nature and amateur paleontology, acquired the bataar skull from a Wyoming store he partly owns.

The government's investigation began when someone called federal agents in 2012 to report seeing a bataar skull for sale in the store for $320,000, court records show.

The government brought its lawsuit involving Godwin's fossil under the National Stolen Property Act, which often is used to prosecute antiquities trafficking.

Under the law, the government has five years from the time an offense is discovered to bring a forfeiture lawsuit.

O’Connor ruled that the government discovered the alleged offense when agents prepared a warrant in July 2012 to seize Godwin's fossil. Therefore, that was when the clock had begun ticking on the statute of limitations, the judge said in his ruling.

The U.S. attorney's office, which had argued that the start date occurred later, filed its forfeiture suit in August 2017.

Homeland Security Investigations said that Godwin's bataar skull had been unearthed from the Nemegt Basin in the Gobi Desert in Mongolia between 2000 and 2011, according to the forfeiture lawsuit. It ended up in the hands of a U.S. citizen living in Japan and was sold several more times before turning up in Godwin’s home, according to court records.

Godwin said that -- in an unnecessary show of force -- armed agents showed up at his house to seize the skull in summer 2013.

“I felt violated,” he said.

Godwin said that prior to a 2012 criminal case in New York involving a different bataar skull, he never considered the legality of owning such a fossil. Mongolian fossils had been sold in the U.S. “for a long time,” he said. Some are currently on view in U.S. museums, he added.

“There was no suggestion at any time that there was anything wrong with it,” he said about selling such dinosaur fossils.

Federal agents displayed a dinosaur fossil that was among more than 18 returned to Mongolia after being seized in the U.S.(ICE)
Federal agents displayed a dinosaur fossil that was among more than 18 returned to Mongolia after being seized in the U.S. (ICE)
Godwin said he belongs to a small community of fossil collectors who are “meticulously honest, law-abiding citizens.” He said he doesn’t recall any discussion about the legality of Mongolian dinosaur fossils prior to 2012.

Federal agents, he said, had woven a grand conspiracy theory involving smuggled dinosaur fossils.

“That ain’t the way it is,” Godwin said.

Godwin said that when he announced his victory in the hospital where he works, he got “hugs and high fives all around.”

Villa said the issue will have to remain murky. No court has ever ruled on what laws were violated in the trade of Mongolian dinosaur fossils in the U.S., he said.

Robert Painter, a Houston lawyer who represented the Mongolian government during the investigation, said there are no other ongoing custody disputes involving his client’s fossils in the U.S. He said more than 100 fossils were returned to Mongolia during the investigation.

Painter added that while he’s disappointed that the North Texas dispute ended with a technical ruling, he’s glad that none of Godwin’s other defenses prevailed.

“Everyone in the paleontology community should know that Mongolian law is well understood, and the U.S. government will prosecute cases involving stolen fossils,” he said.

Post Conference Report of Invest Mongolia Tokyo on November 19 www.frontier.mn

The 6th Invest Mongolia Tokyo has successfully finished on November 19, 2018. The event has attracted about 20 speakers and 250 attendees and 160 organizations.

Invest Mongolia Tokyo aimed to address following opportunities, risks and concerns that have been put forward by the investment communities from Mongolia, Japan and other nations.

Through the presentations and panels, participants have gained the opportunities to understand different angles of approaches from politicians, authorities, banks, lawyers and investors. At the same time, exchanging the ideas with others during breaks and the networking events have been very stimulating for them.

The conference was well received by participants because of following reasons.

First of all, the political relations between Japan and North East Asia particularly with those with Russia and China are improving significantly in the last 12 months and therefore, the relationship with Japan and Mongolia which lies between China and Russia is becoming more and more important.

Secondly, the conference was timely because it was held at the time when Mongolia economy is picking up gradually because of the recent rise of the coal price and the financial assistance from International monetary fund (IMF) and Japan.

Thirdly, some Japanese companies, particularly the SMEs have started to enter into Mongolia.

So, participants could get the most updated perspectives of

1. The improving political situation of North East Asia and the relationship with Mongolia and Japan

2. The current economic condition in Mongolia and the vulnerability of the coal driven economy.

3. The still weak impact of EPA and the necessity to modify it to accommodate the business demands.

4. The current situation of Japanese SMEs who have started to enter into Mongolia and their challenges.

5. The update of Mongolian Stock Exchange and the possible IPO of Erdenes Tavan Tolgoi (ETT).

6. The measures to improve the supply chain of Agriculture industry in Mongolia and the supports from Japan.

7. The agreements on Asian Super Grid by the leaders of the five nations (Mongolia, Japan, China, Russia and Korea ) and the opportunities for Mongolia and Japan.

8. The rapidly changing financial innovation in Mongolia and the changes of the business model of a telecom company in Mongolia.

9. The recent important legislative changes in Mongolia.

10.The proposals to the Government from Japan

11. The strong interest by Mongolian Government to improve the investment climate.

Lastly, I would like to thank the supporting organizations. The conference was supported by Government of Mongolia, National Development Agency, JICA, YAMOH and many others. Also, BD Sec and some others have supported the event. Without their commitments, the conference could not be materialized.

We want to organize the event annually and want to come back to Tokyo in November 2019. So, we welcome more active participation to the event from each of you next year.

Thank you very much for attending the conference.

Best Regard,

Masa Igata
Founder & CEO
Frontier Securities

Mongolia’s Coal Road Crisis – China’s decision leads to deaths of drivers www.news.mn

Currently, nearly 13000 coal trucks from 161 enterprises are transporting coal on the 239 km road between the giant Tavan Tolgoi mine and the Gashuun Sukhait border crossing. However, the sudden closure of the border crossings comes as an unwelcome shock for Mongolia; already 91 km long queues of coal trucks have formed since China cut imports without any prior warning. The psychological strain on the drivers is already becoming a major problem; forced to wait for days on end in their cabs in freezing weather, the truck drivers are turning alcohol and falling into chronic depression. There are already cases of tragic deaths on the “Coal Road” says the Mongolian Men’s Development Society. Members of the society have been meeting the truck drivers in person. The scale of the problem cannot be overestimated: the truck drivers support between 40-50 thousand family members. The Men’s Development Society has presented the Mongolian Cabinet with demands regarding problems of the truck drivers. If demands were not meet, non-governmental organisations will unite and to hold a hunger strike.

Daily limit for digital transaction raised www.montsame.mn

Ulaanbaatar /MONTSAME/ National Electronic Transaction Centre (NETC) of the Bank of Mongolia raised the daily limit for digital transaction to MNT 3 million, from previous limit of MNT 1 million.

Aggreko ready to power Mongolia www.aggreko.com

According to the Sustainable Energy Sector Development Strategy, approved by the Government in 2002, Mongolia set the following aims in the energy efficiency sector: sustainable development of the energy sector and power access and affordability of energy supply even in the most remote regions of the country.
“For our company, Mongolia is one of the priority regions,” - says Dominique Rachez, Managing Director for Central Asia of Aggreko Eurasia LLC. – The Mongolian economics is one of the most promising in the world. According to the forecasts of the World Bank experts, for the next few years Mongolia will be showing the economic growth by an average of 13% per year, these figures are almost double the growth rate in China. For sure the economic growth will be accompanied by rapidly increasing power demand. We provide solutions that allow industries, large cities, small communities to optimize the cost of power production where is no access to grid or connection is being delayed, in a location with limited or no access to permanent power, when businesses require cooling or heating to run their production smoothly and efficiently. 
In recent years, Mongolian Government has been paying great attention to the development of renewable energy sector. The territory, low population density and renewable energy sources - all of these facts create a great potential for this sector. In such rapidly changing conditions, Aggreko Eurasia LLC keeps up to date, looking to the future, the company is now able to offer customers scalable power solutions based on a number of technologies, including: renewable energy sources as sources of power supply, hybrid technologies, such as mobile modular solar panels, battery storage and a fleet of generators as they run on eco-friendly gas fuel, natural gas, heavy fuel and hybrid options.
The business model of Aggreko Eurasia LLC is rental that means there is no CAPEX required from the customer’s side and power increase or decrease is very flexible due to the modular construction of Aggreko’s equipment. The generators are designed and produced in Scotland to the highest European standards, developed and built for rental-specific applications in the toughest environments on earth, manufactured in Aggreko’s ISO-accredited facility ISO 0900:2008 and is equipped with remote monitoring to aid in performance and reliability.
Aggreko Eurasia LLC operates as a subsidiary of Aggreko plc at the territory of Eurasia from 2008. The company provides temporary power, temperature control, and compressed air systems on rent. The company provides project design planning, installation, commissioning, process enhancement and operating services, and on-site service and maintenance support services. It serves manufacturing, mining, oil and gas, agricultural, construction and major event industries. The total capacity of provided power exceeds 700 MVA at the territory of Eurasia in 2017.
Among successfully operated and performed projects of Aggreko Eurasia LLC are power supply for Rosneft, Gazpromneft, Lukoil, Slavneft, EVRAZ Group, Antipinsky Oil Refinery, Heidelberg Cement, Pilkington Glass, BP Exploration Limited. 
“To learn more about Aggreko products and services please visit their website www.aggreko.com or contact them at Mongolia@aggreko.com or reach us via phone numbers +976 8059-9852 and +7 916 599 85 27”