The four miners were uncounted for after the incident took place the open-cast gold mine operated by the company Eco Altan Zaamar in the Zaamar soum of the province on 28 Februray.

NEMA added that the last body was retrieved from the mine, which is around 80 meters deep and 100 meters wide, on Saturday morning, as at least 100 people, including NEMA rescuers, took part in the search for the miners.

The reason behind the incident is yet to be determined.

These three bills include a range of articles that are favorable for investors. For 
instance, the tax package will cut the deduction on special permission sales from 30 
percent to 10, taxes on dividends allocated from stocks to 5 percent and the savings 
rate of commercial banks to 5 percent. Plus, the bill will also allow for a 90 
percent tax return on small and medium-sized enterprises with an annual income of up 
to MNT 1.5 billion. Within the frame, the tax threshold for entities, which 
currently stands at MNT 3 billion, will be increased to MNT 6 billion, and the 
depreciation period will be lowered. The tax package also sets loss carryforward at 
five years regardless of sector.

As for the draft law on procurement, it offers a 20 percent preferential reduction 
on prices of goods of Mongolian origin to support domestic production due to the 
fact that import products account for over 90 percent of Government purchases. The 
National Industrial Council emphasized that the current bill does not support the 
domestic industry and leading to a stimulation of imports, ultimately causing 
negative impacting on the economy.

The Minerals Law, which has been the center of attention for investors for several 
months, will give a five-year extension to the 2.5 percent gold royalties. The 
discount period was ended this year, resulting in about 6-9.5 percent royalties. 
Analysts previously marked that gold purchase of the Bank of Mongolia (BoM) dropped 
significantly with the increased gold tax.

Additionally, the release of the Director and Deputy Director of the Independent 
Authority Against Corruption, as well as the appointment of the Chief of the General 
Staff of the Mongolian Armed Forces and the Deputy Prosecutor General, are also on 
the Parliament’s order list in relations to the end of their tenure.

The delegation held negotiations on exporting deep frozen mutton, goat, beef and horse meat to Vietnam according to the agreements of the 16th meeting of the Mongolia-Vietnam intergovernmental commission. Moreover, they met with Vietnamese Deputy Minister of Agriculture and Rural Development, and participated in the technical conference of Animal Health Department and Accreditation Agency. As a result, Vietnamese working group on risk assessment will pay working visit to Mongolia.

Our delegates got acquainted with the activities of major food producers that supply their products to Japanese, European and the US markets. The Vietnamese side agreed to supply healthy and safe chicken and seafood that meet international standards to Mongolia.

During their visit to the Lao People’s Democratic Republic, Mongolian delegation signed a cooperation agreement with the Department of Animal Health of Laos. Within the agreement, the parties reached agreement on the matter regarding veterinary quarantine on deep frozen meat and meat products to be exported by Mongolia to Laos, resulting in permitting Mongolia's export of animal products to Laos.

At the start of the meeting, the British ambassador invited the Minister to the Education World Forum in January next year, which annually takes place in the UK. Accepting his invitation, the Minister agreed with the Ambassador to organize an arts and photo exhibition to promote Mongolia during his visit.

As per the Minister’s request, the Ministry will also be partnering with the Cambridge Assessment International Education to support bilingual education and enhance teaching methodology of teachers in rural areas.