Also, the Alexandrov Ensemble, an official army choir of the Russian armed forces, performed at the Central Square of the capital city.

The Sukhoi Su-30 is a twin-engine, two-seat supermaneuverable fighter aircraft developed in the Soviet Union by Russia’s Sukhoi Aviation Corporation. It is a multirole fighter for all-weather, air-to-air and air-tosurface deep interdiction missions.

In the meantime, Minister of Defense Enkhbold Nyamaa received delegates headed by First Deputy Chief of the General Staff of Armed Forces of the Russian Federation, Major General A.Yu. Chaikov. While sharing views on bilateral defense and military relations and cooperation, the sides expressed delight at jointly celebrating the historic anniversary of the Victory of the Khalkh River Battle.

“We are thankful to the Russian Ministry of Defense on paying special attention to marking the historic victory by sending artists of Alexandrov Russian Army Song and Dance Ensemble and aerobatic demonstration team of the Russian Air Force to Mongolia,” said Mr. Enkhbold and awarded the representatives led by Major General A.Yu.Chaikov with medals dedicated to the anniversary of the Victory of Khalkh River Battle.

The 80th anniversary of the Battle of Khalkh River victory is one of the important events occurring in 2019. Mongolia has been celebrating the event of the Khalkh River Victory since 1969. Initially, the celebration was simple, and as the years went by, it expanded. The Soviet Union celebrated the victory of the Great Patriotic War in 1965 for the first time at the initiation of Leonid Ilyich.

75.6 percent of the total planted area, or 250,000 hectares of land, is well-growing. The crop of this year are predominant in Bulgan, Khuvsgul, Orkhon, Arkhangai, Uvurkhangai, Uvs and Selenge provinces. However, the yield may be slightly reduced due to overheating and drought in the northern part of Tuv, Darkhan-Uul, Dornod, Khentii, Sukhbaatar and Selenge provinces.

According to weather forecasts, the snow will fall in early September due to heavy rainfall in late August. Therefore, we are working to keep harvesting efficient during the technological period, said the Minister of Food, Agriculture and Light Industry.

The citizens who are enlisted in the alternative military service take part in defense activities in rural areas and assist in actions to combat natural disasters and other large-scale disasters and to enforce quarantine when necessary. Furthermore, they are responsible for actively participating in the development projects in rural areas of the country.

Heads of the two countries are expected to hold tete-a-tete meeting at the State House and lay wreaths to Marshal G.K.Jukov’s monument. Moreover, the Russian President will attend events to mark the 80th anniversary of Victory of the Battle of Khalkhiin Gol, which are taking place in Khalkhgol soum of Dornod aimag.

Mongolia is to be involved in a Child Protection Compact (CPC) Partnership, which is one of assistance programs provided by the U.S. to other countries, and the sides exchanged views on establishing the compact partnership.

A CPC Partnership is significant to intensify efforts and improve coherence between the Government of Mongolia and civil society organizations that are combating child trafficking and resolving issues related to it. By involving in the compact partnership, financing of USD 5 million is available to be granted within U.S. assistance for combating human trafficking for the activities and efforts to protect children and combating child trafficking in Mongolia.

The United States signed the first CPC Partnership with Ghanaian Government in 2015 and since then the partnership has been established with Philippines, Peru and Jamaica.

According to S.Enkhtuvshin, Head of the National Agency for Meteorology and Environment Monitoring of Mongolia, there was much more than average rainfall in late July and early August.

A total of 108-181 mm fell in Selenge, Dakhan-Uul, Tuv, Khentii, the northern parts of Bulgan, the eastern parts of Khuvsgul, the border region between Arkhangai and Uvurkhangai Provinces as well as in Ulaanbaatar itself.

Half of that sum will be allocated as a capital grant from the regional budget, the rest of the financing will be raised by the investor, Obkhod Togliatti (Togliatti bypass). The bridge will be part of the new highway linking Moscow and Kazan, the capital of Russia’s Tatarstan republic.

The new road will greatly reduce travel time from Moscow to Kazan, as well as to another large city in Central Russia – Samara – from the current 16 to 8 hours, project papers state.

Construction is set to begin later this year, and the bridge is scheduled to become operational by 2024. It is thought it could be built by the Mostotrest company, which is owned by Russian billionaire Arkady Rotenberg, but that information has not yet been confirmed by authorities.

In total, the project will involve building 96km (60 miles) of road and 3.75km (2.4 miles) of the bridge. The project is part of the Europe-Western China international transport corridor, commissioned by President Vladimir Putin.

Investors plan to charge a motorway toll, with payments ranging from 200 rubles ($3), for cars less than two meters high, and up to 1,200 rubles ($18.20) for vehicles taller than 2.6 meters depending on the number of axles.

The new bridge will eventually take the baton from the Crimea Bridge to become Russia’s most ambitious infrastructure project. The arterial route linking the Crimean Peninsula with mainland Russia had its first train line completed last month, while the motorway part of it has been operational since May. At 19km long (11.9 miles), the Crimean Bridge is the longest in Europe.

Mr. Battulga also affirmed that he is looking forward to expanding economic cooperation with the U.S, Mongolia’s new Strategic Partner. Currently, total trade turnover is only at 1.7 percent for Mongolia and noted that a roadmap for economic expansion of the strategic partnership should be created. He further stated that Mongolia lacks standardized technologies and investments and that he hopes AmCham Mongolia will implement some projects to address these issues.

“The United States is our third neighbor, an important political and economic partner for us. The development of trade and investment cooperation with the United States is highly important to Mongolia. As you know, I have made an official meeting with President Donald Trump at the White House and announced that the relations between our two countries reached the “Strategic Partnership” level. Currently, there are five to 10 projects that are ready to be implemented, which will be supported by the government and approved by Parliament,” the President said.

During the event, the training covering basic capital market concepts and the ways to participate in the market through investing and capital-raising were provided to local citizens and corporates.

Tavantolgoi JSC accounted for 44 percent of the top 20 index’s total revenue. The company’s net profit increased 19 percent, to MNT 23 billion compared to the same period of last year. Sales revenue of the company reached MNT 123.7 billion, increasing by 36.7 percent as the coal price and exports were stable. SUU JSC, one of the main players in the food sector, also increased its net profit by 71 percent, to MNT 4.79 billion.

However, some companies’ net profit did not grow but the sales revenue rose. Gobi JSC, one of the biggest companies in the cashmere industry, saw a growth. The company’s sales revenue increased by 23 percent, to MNT 68.3 billion. Gobi is planning to expand its operation into several global markets.

In addition, APU JSC’s sales revenue increased by 2.8 percent, to MNT 102.3 billion, even though the company’s income has decreased. As the expense of the company rose by MNT 12.25 billion, profit shrunk.

Although the profitability of the companies is different, an increase in sales revenue has resulted in the semi-annual reports.