1 MONGOLIA QUARANTINES RUSSIAN BORDER REGION OVER BUBONIC PLAGUE SUSPICION WWW.THEMOSCOWTIMES.COM  PUBLISHED:2020/07/03      2 EBRD FINANCES FLOOD-PROTECTION MEASURES IN MONGOLIA WWW.EBRD.COM PUBLISHED:2020/07/03      3 MONGOLIA'S THE HU RAISES $19,000 FOR COVID-19 RELIEF WWW.BLABBERMOUTH.NET  PUBLISHED:2020/07/03      4 FATF REVIEWS MONGOLIA’S EFFORT ON AML/CFT WWW.MONTSAME.MN PUBLISHED:2020/07/03      5 ADB, MONGOLIA SIGN PROJECTS FOR COVID-19 SHOCK RESPONSE, ECONOMIC COOPERATION ZONE, SOLID WASTE MANAGEMENT WWW.MONTSAME.MN PUBLISHED:2020/07/03      6 MIAT BOEING MAKES EMERGENCY LANDING IN BEIJING WWW.NEWS.MN PUBLISHED:2020/07/03      7 PM U.KHURELSUKH TO CONTINUE TO LEAD MONGOLIAN GOVERNMENT WWW.NEWS.MN PUBLISHED:2020/07/03      8 U.S. HOUSE PASSES BILL TO SANCTION CHINESE BANKS OVER HONG KONG WWW.REUTERS.COM PUBLISHED:2020/07/02      9 NAADAM FESTIVAL BECOMES THE LONGEST HOLIDAY WWW.NEWS.MN PUBLISHED:2020/07/02      10 ‘FOR THE 1ST TIME IN LIVING MEMORY’: IMF EXPECTS ASIAN ECONOMY TO SHRINK AS IT DOWNGRADES FORECAST WWW.RT.COM PUBLISHED:2020/07/02      МОНГОЛ УЛСЫН 31 ДЭХ ЕРӨНХИЙ САЙДААР У.ХҮРЭЛСҮХИЙГ ТОМИЛЛОО WWW.UNUUDUR.MN НИЙТЭЛСЭН:2020/07/02     ЗАСГИЙН ГАЗРУУДЫН ӨРИЙН ХЭМЖЭЭ НЭМЭГДЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2020/07/02     МОНГОЛ УЛС ФАТФ-ЫН СААРАЛ ЖАГСААЛТААС ГАРЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2020/07/02     АЛТНЫ ХАНШ ӨНГӨРСӨН ОНЫ МӨН ҮЕЭС 31 ХУВИАР ӨСЧЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2020/07/02     АЗИЙН ХӨГЖЛИЙН БАНКНААС 56.4 САЯ ДОЛЛАРЫН ЗЭЭЛ АВЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2020/07/02     ТОЛГОЙТ, ШАРХАД ДЭД ТӨВИЙГ БАЙГУУЛАХАД АХБ 43.65 САЯ АМ.ДОЛЛАРООР САНХҮҮЖҮҮЛНЭ WWW.IKON.MN  НИЙТЭЛСЭН:2020/07/02     ОРОН НУТАГТ ХОГ ХАЯГДЛЫГ ДАХИН БОЛОВСРУУЛАХАД АХБ-НААС ХОЁР САЯ АМ.ДОЛЛАРЫН БУЦАЛТГҮЙ ТУСЛАМЖ ОЛГОХООР БОЛЛОО WWW.IKON.MN НИЙТЭЛСЭН:2020/07/02     МИНИЙ МАШИН УРАМШУУЛАЛТ ХӨТӨЛБӨР ОРОН ДАЯАР ДАХИН ЭХЭЛЛЭЭ WWW.IKON.MN НИЙТЭЛСЭН:2020/07/02     "СҮҮ" ХК НЭМЖ 85.5 САЯ ЭНГИЙН ХУВЬЦАА АРИЛЖИНА WWW.MONTSAME.MN  НИЙТЭЛСЭН:2020/07/01     ЖДҮ-ИЙН ЗЭЭЛ АВАХ 1500 ААН ХҮСЭЛТЭЭ ИРҮҮЛЖЭЭ WWW.MONTSAME.MN  НИЙТЭЛСЭН:2020/07/01    

Events

Name organizer Where
57TH ANNUAL ACADEMY OF AMERICAN AND INTERNATIONAL LAW The Academy of American and International Law Plano Texas USA

NEWS

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Mongolia Quarantines Russian Border Region Over Bubonic Plague Suspicion www.themoscowtimes.com

Mongolia has quarantined its western region near the border with Russia after identifying two suspected cases of the black plague linked to the consumption of marmot meat, health officials said Wednesday.

Lab tests confirmed that two unidentified individuals had contracted the “marmot plague” in the region of Khovd, Mongolia’s National Center for Zoonotic Disease (NCZD) said in a statement.

The NCZD said it moved to quarantine the provincial capital and one of the region’s districts about 500 kilometers south of the southern Siberian republics of Tyva and Altai.

Vehicles are temporarily banned from entering the region, the state-run TASS news agency cited Mongolian media as saying.

The NCZD said it has analyzed samples taken from 146 people who it said had contacts with the two infected persons and identified 504 second-contact individuals. Media reports suggested that the victims were a 27-year-old male and a young woman of an unknown age.

Mongolia closed a key border crossing with Russia in May 2019 on suspicion that it may have played a role in an outbreak of the plague, stranding several Russian tourists. A husband and wife had died after eating marmot meat in that incident.

Experts say the direct descendants of the same bubonic plague that killed 50 million people in the 14th century still exist today, killing around 2,000 people a year.

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EBRD finances flood-protection measures in Mongolia www.ebrd.com

More than 15,000 people will directly benefit from sustainable infrastructure designed to protect them from seasonal flooding, thanks to a loan provided by the European Bank for Reconstruction and Development (EBRD) to Erdenet, Mongolia’s second-largest municipality.

A sovereign loan of up to US$ 7 million will help the northern Mongolian town, located in the valley between the Selenga and Orkhon rivers, implement modern flood-protection measures and improve its water supply system.

It will help address the consequences of decades of underinvestment in the municipal water networks. This will improve the resilience of Erdenet’s water infrastructure to climate change and address public health challenges.

The investment is aiming to increase by 3,200 the number of households connected to the central water supply and to reduce the volume of annual water losses by 15 per cent or 0.8 million cubic metres.

The coronavirus pandemic has demonstrated the critical importance of the highest hygiene and sanitation standards, and water supply and treatment are among most serious longstanding challenges that the country is facsing.

In Mongolia the EBRD works to help build a diverse economy by developing the private sector and supporting infrastructure improvements. The Bank has invested more than €1.7 billion in 104 projects in the country since it started operations there in 2006.

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Mongolia's THE HU Raises $19,000 for COVID-19 Relief www.blabbermouth.net

Mongolia's biggest rock act THE HU has just dropped a beautiful new acoustic video for "Shireg Shireg". The clip shows behind-the-scenes footage of the band in the studio, offering fans a real insight into its recording process. It also gives a closer look at THE HU's gorgeous traditional instruments and a glimpse of their live show.

The "Shireg Shireg" video is the newest teaser for THE HU's upcoming deluxe version of "The Gereg", out on July 10. Also on the album are fantastic collaborations with Jacoby Shaddix (PAPA ROACH), Danny Case (FROM ASHES TO NEW) and Lzzy Hale (HALESTORM). The original version has sold 130,000 copies globally thus far.

Last weekend saw THE HU play a homecoming show after a sold-out world tour, performing at White Rock Centre in Ulaanbaatar in aid of the Mongolian COVID-19 relief. The concert was aired on TV in Mongolia, raising 53 million MNT (approximately $19,000), and made available to a global audience through streaming on Facebook and YouTube, raising $5,000 and counting.

THE HU stands for the Mongolian root word for human being, inspiring the band's original style of music that it calls "Hunnu Rock." The group pulls inspiration from the Hunnu, an ancient Mongolian empire better known as The Huns in western culture. Their music is deeply embedded with their ancient culture, even integrating old Mongolian war cries and poetry into their lyrics.

The group was founded in 2016 in Ulaanbaatar, Mongolia by their producer Dashka, along with band members Gala, Jaya, Temka and Enkush. Together they create rock music with traditional Mongolian instrumentation such as the morin khuur (horsehead fiddle), tovshuur (Mongolian guitar), tumur khuur (jaw harp), guttural throat singing built around the pillars of heavy rock: distorted guitars, bombastic drums, and aggressive rhythms. All four members have earned Bachelor's or higher degrees in classical music and have gained several years of touring experience throughout Asia and the Pacific Rim.

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FATF reviews Mongolia’s effort on AML/CFT www.montsame.mn

The FATF has announced that the mutual evaluation and related follow-up processes of all countries would be postponed for four months due to COVID-19 pandemic. However, the Minister of Finance and the Governor of the Bank of Mongolia conveyed a formal request in March 2020 to not extend the deadline and continue on the current schedule and organize the assessment meeting online. As a result, the deadline has not been postponed as agreed by the FATF.

On June 30, the Financial Action Task Force (FATF) released the result of the review process of Mongolia’s effort on anti-money laundering and combating the financing of terrorism (AML/CFT) as noted below:

In October 2019, Mongolia made a high-level political commitment to work with the FATF and APG to strengthen the effectiveness of its AML/CFT regime and address any related technical deficiencies. The FATF has made the initial determination that Mongolia has substantially completed its action plan and warrants an on-site assessment to verify that the implementation of Mongolia’s AML/CFT reforms has begun and is being sustained, and that the necessary political commitment remains in place to sustain implementation in the future. Specifically, Mongolia has made the following key reforms:

(1) improving sectoral ML/TF risk understanding by DNFBP supervisors, applying a risk-based approach to supervision and applying proportionate and dissuasive sanctions for breaches of AML/CFT obligations; (2) demonstrating increased investigations and prosecutions of different types of ML activity in line with identified risks; (3) demonstrating further seizure and confiscation of falsely/non-declared currency and applying effective, proportionate and dissuasive sanctions; (4) demonstrating cooperation and coordination between authorities to prevent sanctions evasion; and (5) monitoring compliance by FIs and DNFBPs with their PF-related TFS obligations, including the application of proportionate and dissuasive sanctions.

The FATF will continue to monitor the COVID-19 situation and conduct an on-site visit at the earliest possible date.

 
 
 
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ADB, Mongolia Sign Projects for COVID-19 Shock Response, Economic Cooperation Zone, Solid Waste Management www.montsame.mn

The Asian Development Bank (ADB) and Government of Mongolia today signed three projects to lessen the socioeconomic impacts of the coronavirus disease (COVID-19) pandemic on poor and vulnerable groups in Mongolia, to help support Mongolia’s post-pandemic recovery by developing an economic cooperation zone, and improve solid waste management.

Signing the Shock-Responsive Social Protection Project, for which ADB approved a $26.4 million loan, and the solid waste management project, for which a grant of $2 million is being provided from the Japan Fund for Poverty Reduction (JFPR), were ADB Country Director in Mongolia Pavit Ramachandran and Mongolian Minister of Finance Khurelbaatar Chimed. Signing the Developing the Economic Cooperation Zone Project, for which ADB is providing a $30 million loan, were Mr. Pavit Ramachandran and Deputy Prime Minister of Mongolia Enkhtuvshin Ulziisaikhan. Mr. Matsuhashi Tomoyuki, Second Secretary of the Embassy of Japan in Mongolia and representatives from line ministries also attended the ceremony.

“The Shock-Responsive Project is a key part of ADB’s package of support to mitigate the impact of COVID-19 in Mongolia,” said Mr. Ramachandran. “The project aims to lessen the socioeconomic impacts of the novel coronavirus disease (COVID-19) pandemic on poor and vulnerable groups in Mongolia, and to support the Government’s response in social protection.”

“The economic cooperation zone project” meanwhile will help stimulate the economy by providing job opportunities, improving connectivity, and reducing trade costs. The project will also facilitate international trade and help diversify Mongolia’s economy, which is crucial to the country’s post-pandemic economic recovery.

The project will develop the Zamyn-Uud free zone, situated near the busiest international border port between Mongolia and the People’s Republic of China in a district where the local economy and population rely heavily on border traffic and trade activities. It will support the construction and sustainable operations of new infrastructure and facilities in the free zone, as well as effective zone management. This will provide the foundation and environment needed for the private sector to build production capacity and help Mongolia expand trade activities and adapt to the rapidly evolving global economic landscape. Also, the project is part of a wider network of ADB trade-related projects in Mongolia along the Central Asia Regional Economic Cooperation (CAREC) program’s corridor 4b. It is expected to be completed by December 2025.

The grant for solid waste management will open new income and employment opportunities, particularly for poor, women and disadvantaged people, through waste reuse and recycling pilots and skills and business development. The project will conduct public education and awareness to promote effective and inclusive waste recycling and reuse. Recycling businesses and community organizations will receive small grants to pilot innovative programs that will reduce the waste stream and encourage greater recycling. The project will also support the provincial governments in developing the sector policy framework, build capacity in solid waste management and planning and will serve as a model that other secondary cities can replicate.

Four priority aimag capital cities, Darkhan-Uul, Gobi-Altai, Sukhbaatar and Uvurkhangai, have been identified for the project together with the Ministry of Construction and Urban Development, the project executing agency.

The project will help reduce long-term environmental and health risks for about 160,000 people in the four cities by eliminating economic and environmental losses and health costs. At least half of households in each project city will be involved in information dissemination activities and gain knowledge on green job opportunities in waste recycling and reuse.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.

Source: Asian Development Bank

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MIAT Boeing makes emergency landing in Beijing www.news.mn

A Boeing aircraft from MIAT, Mongolian airlines had to make an emergency landing at Beijing airport after one of the engines failed. The incident took place earlier today (2 July) at 1.23 p.m.. Chartered flight OM302 was returning from Seoul after repatriating 170 Mongolians who had been stranded in South Korea. The aircraft took off at 05.40 p.m. from Chinggis Khaan international airport and was expected to return at 12.20 p.m. Therefore, another MIAT aircraft took off from Mongolia to Beijing to collect the returning passengers.

Separately, another MIAT chartered aircraft left for Seoul today (2 July) at 12.10 p.m. and is expected to return at 8.00 p.m. with more 252 passengers.

This month, Mongolia plans to repatriate some 3000 its nationals with 10 charter flights to Seoul, Frankfurt, Tokyo and Istanbul.

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PM U.Khurelsukh to continue to lead Mongolian Government www.news.mn

Prime Minister U.Khurelsukh will continue to serve as head of the Mongolian Cabinet after 93.3 percent of parliament voted for him; only one Democratic Party member, B.Purevdorj, refused. Therefore, U.Khurelsukh becomes the 31st Prime Minister of Mongolia. Now, he is busy forming the new Cabinet.

The Mongolian People’s Party, which is the country’s ruling party, won 62 seats on the 24 June parliamentary election.

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U.S. House passes bill to sanction Chinese banks over Hong Kong www.reuters.com

WASHINGTON (Reuters) - The U.S. House of Representatives passed legislation on Wednesday that would penalize banks doing business with Chinese officials who implement a national security law that House Speaker Nancy Pelosi called a “brutal, sweeping crackdown” on Hong Kong.

The measure passed by unanimous consent, reflecting concern in Washington over China’s enactment of a security law seen as ending the autonomy that allowed the former British colony to thrive as an international financial center.

The U.S. Senate passed similar legislation last week, but under congressional rules the bill must return to the Senate and be passed there before being sent to the White House for President Donald Trump to sign into law or veto.

Earlier, Pelosi made an unusual appearance at a committee hearing on the situation in Hong Kong to say the security law marked the death of the “One Country, Two Systems” principle.

“The law is a brutal, sweeping crackdown against the people of Hong Kong, intended to destroy the freedoms they were promised,” Pelosi said at the House Foreign Affairs Committee hearing.

Secretary of State Mike Pompeo said the security law was an affront to all nations and Washington would continue to implement Trump’s directive to end the territory’s special status.

The United States has already begun eliminating Hong Kong’s special status, halting defense exports and restricting the territory’s access to high technology products.

Reporting by Patricia Zengerle; Editing by Sandra Maler and David Gregorio

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Naadam Festival becomes the longest holiday www.news.mn

The Mongolian Government has amended Law on Celebrations and extended the public holiday during the Naadam Festival from three days to five. However, this year, Naadam coincides with a weekend, so Mongolians will get three days of holiday on 11-15 July.

Originating from the Mongolian Empire of Chinggis Khaan, Naadam is a festival of which the nation is proud and a symbol of unity among the nomads. Meaning, ‘the games’, Naadam is celebrated every year across Mongolia and focuses on the three traditional sports of horseracing, wrestling and archery.

This year, will mark the 2229th anniversary of the nation; the 814th anniversary of the Great Mongol Empire and the 99th anniversary of the People’s Revolution in Mongolia, which brought independence from Chinese occupation.

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‘For the 1st time in living memory’: IMF expects Asian economy to shrink as it downgrades forecast www.rt.com

The coronavirus outbreak has been very costly to Asian economic development, the International Monetary Fund (IMF) said as it revised down its forecast for the region and warned of possible protracted recovery.
“For the first time in living memory, Asia’s growth is expected to contract by 1.6 percent—a downgrade to the April projection of zero growth,” Chang Yong Rhee, director of the IMF’s Asia and Pacific Department, wrote in a blog post.

Even the recent positive developments in the epidemic situation in some countries that allowed them to at least partly reopen have not helped to change the gloomy projections. The IMF said it had to downgrade the economic outlook for most countries in the region as they are dependent on global supply chains, making growth “impossible” while the “whole world is suffering.”

Although the IMF expects Asia to rebound strongly to 6.6 percent as early as next year, it noted that the pandemic is likely to have far-reaching consequences. While regional driver China has already started to return to normal after becoming the first country to be hit by Covid-19, positive developments there are not enough to bring Asia’s economic output back to pre-crisis levels. According to the IMF, the region’s economic output in 2022 will be about five percent lower compared with earlier predictions.

While the Washington-based agency assumes a strong rebound in private demand, it warned that there are “clouds on the horizon” which could undermine recovery. Those worrying signs include shrinking trade, longer than expected lockdowns, rising inequality, weak balance sheets, and geopolitical tensions.

Earlier this month, the IMF said that it expects “a deeper recession in 2020 and a slower recovery in 2021” as the virus had an uneven impact on sectors and countries, and there is still no medical solution for it. According to its recent outlook, the global real GDP could shrink by 4.9 percent this year, followed by a partial recovery, with growth at 5.4 percent in 2021. This would result into a cumulative loss to the global economy over two years of over $12 trillion from this crisis.

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