1 RIO-GLENCORE DEAL CLOSER THAN EVER WITH PREMIUM AND CEO IN FOCUS WWW.BLOOMBERG.COM PUBLISHED:2026/01/10      2 MONGOLIA'S INFLATION DOWN TO 7.5 PCT IN DECEMBER 2025 WWW.XINHUANET.COM PUBLISHED:2026/01/10      3 MONGOLIA ENERGY FACES MNT 412.3 BILLION TAX LIABILITY AFTER LOSING MONGOLIAN COURT CASE WWW.TIPRANKS.COM  PUBLISHED:2026/01/10      4 NUMBER OF FOREIGN NATIONALS RESIDING FOR OFFICIAL AND PRIVATE PURPOSES UP 7.4% WWW.MONTSAME.MN PUBLISHED:2026/01/10      5 SUSTAINABILITY RELATED REPORTING: READINESS ASSESSMENT MONGOLIA REPORT WWW.UNDP.ORG PUBLISHED:2026/01/10      6 GOVERNMENT TO FORMALLY APPROACH RIO TINTO, OYU TOLGOI TO SAFEGUARD NATIONAL INTEREST WWW.MONTSAME.MN PUBLISHED:2026/01/09      7 NON-COMPLIANT ADVERTISING BILLBOARDS TO BE REMOVED WWW.MONTSAME.MN PUBLISHED:2026/01/09      8 FROM TORONTO, CANADA TO PHU QUOC, VIETNAM: MONGOLIA’S BOLD 2026 AVIATION EXPANSION INCLUDES NEW FLIGHTS, VISA-FREE TRAVEL, AND AIRPORT UPGRADES! WWW.TRAVELANDTOURWORLD.COM PUBLISHED:2026/01/09      9 MONGOLIA TO MARK 820TH ANNIVERSARY OF THE GREAT MONGOL EMPIRE WWW.MONTSAME.MN PUBLISHED:2026/01/09      10 PARLIAMENT SUPPORTS SOLAR GER INITIATIVE UNDER NEW REGULATORY REFORMS WWW.MONTSAME.MN PUBLISHED:2026/01/09      GLENCORE, RIO TINTO КОМПАНИУД НЭГДЭХ ХЭЛЭЛЦЭЭ ХИЙЖ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/10     Н.НАРАНБААТАР: ЭНЭ ОНД НҮҮРСНИЙ ЭКСПОРТЫН ХЭМЖЭЭГ 90 САЯ ТОННД БАРИНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/01/10     УЛААНБААТАРТ ӨНДӨР ТЕХНОЛОГИЙН ХОЁР ҮЙЛДВЭР БАЙГУУЛЖ, УСАН ХАНГАМЖИЙГ 80 ХУВИАР НЭМЭГДҮҮЛЛЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2026/01/09     ХУУЛЬ БУС ЭЗЭМШИЛД БАЙСАН 15 БАРИЛГА БАЙГУУЛАМЖИЙГ НИЙСЛЭЛД БУЦААН АВЧЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/01/09     МОНГОЛ УЛСАД 37 097 ГАДААД ИРГЭН ОРШИН СУУХ БҮРТГЭЛТЭЙ БАЙНА WWW.EAGLE.MN НИЙТЭЛСЭН:2026/01/09     ҮСХ: 12 ДУГААР САРЫН ИНФЛЯЦ 7.5 ХУВЬТАЙ ГАРЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2026/01/09     2026 ОНД НИЙСЛЭЛД ХЭРЭГЖИХ ТОМООХОН БҮТЭЭН БАЙГУУЛАЛТУУД WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/09     ДУЛААНЫ ТАРИФ НЭМЭГДҮҮЛЭХ ШИЙДВЭРИЙГ ХОЙШЛУУЛЖ, 2027 ОНЫ НЭГДҮГЭЭР САРЫН 1-НЭЭС НЭМНЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/01/09     НИЙГМИЙН ДААТГАЛЫН ӨР ТӨЛБӨРТ ТООЦОЖ, "КАПИТАЛ" БАНКНААС ХУРААСАН ХӨРӨНГИЙГ ДУУДЛАГААР ХУДАЛДАНА WWW.GOGO.MN НИЙТЭЛСЭН:2026/01/09     НИЙСЛЭЛИЙН 19 БАЙРШИЛД 11.7 КМ АВТО ЗАМЫН БОРООНЫ УС ЗАЙЛУУЛАХ ШУГАМ УГСАРНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/08    

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MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2025 London UK MBCCI London UK Goodman LLC

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Tracking Russian disinformation in Mongolia www.akademie.dw.com

Although it is one of the most sparsely populated countries in the world, Mongolia has a rich and complex media landscape.While diverse outlets enable  readers to explore various  sides of an issue, it can also provide fertile ground for foreign disinformation actors. Sandwiched between two world powers, Mongolian information systems face a unique challenge.
Russian and Chinese actors have been steadily involved in the innerworkings of Mongolian political and social life. A new study (available for download below) from DW Akademie partner Nest Center for Journalism Innovation and Development and its subsidiary, the Mongolian Fact Checking Network, explores the avenues in which Russian disinformation in particular has found its way into discourses in Mongolia.
The unique case of Mongolia
Despite its low population density, Mongolia has one of the world’s highest levels of Internet penetration . It is also landlocked, with only two neighbors: Russia and China. As a result, Mongolia’s information landscape is both unique and offers a clear case study ofhow Russian disinformation functions.
Four Russian disinformation tactics
Flooding the zone: A larges number of narratives, regardless of veracity, are broadcast rapidly and repeatedly over multiple channels to sow doubt and confusion.
Firehosing: Similar to flooding the zone, but targets disinformation at specific groups.
Operation overload: Sending fake requests to fact-checkers to distract and diffuse resources.
Operation doppelganger: Using fake websites and logos from trusted news sources to spread disinformation.
According to DW Akademie’s Patrick Benning, the study  exposes Russian strategies that it has used in other parts of the world, yet are heightened due to the unique relationship Mongolia has with the two powers.
"We have not seen this level of coordination when it comes to countries of more minor significance in the region," Benning said. "Russia has the power to undermine Mongolia’s information integrity and it has since at least 2022."
Russian disinformation
When Nest Center began exploring Russian disinformation campaigns, they focused on Facebook, Mongolia’s most used social media platform and the population’s main source of news.  Russian disinformation actors are aware of this and spend much of their resources on the platform.
Senior fact-checker Bilguun Shinebayar helped edit the study and identified the main focus of disinformation activities from their northern neighbor. "Russia is involved in disinformation campaigns for one key reason: to keep Mongolia under its control and to ward off other powers," Shinebayar said in an interview with DW Akademie.
A recent example was the signing of a new investment agreement between Mongolia and France for a uranium mining project. Actors focused on spreading information and disinformation about the deal and the dangers of mining.
While this may seem like an environmental issue, said Shinebayar, it likely had little to do with concern over potential mining-related health issues. Instead, it had everything to do with the deal with France. He believes Russia sees the agreement  as a threat to its sphere of influence, which also has uranium mines, and is also pushing for Mongolia to join the Russian-led Eurasian Economic Union.
Complex narratives
However, mineral rights was only one of many topics that researchers discovered when examining Russian disinformation. Other topics ranged from promoting Russia as a country, to the war in Ukraine, to the Israel-Hamas war and even to anti-Chinese rhetoric.
The study states that Russian disinformation is often employed to bolster preexisting ideas, such as pro-Russian sentiments, which are already strong in the country. At other times, the goal is to divert attention away from topics that might reflect poorly on the Russian state.
The paper specifically names four approaches used by Russian disinformation actors: firehose of falsehood (sharing multiple narratives on a variety of issues), operation doppelganger (copying trusted news sources), operation overload (sending fake requests to fact-checking organizations) and flooding the zone (creating multiple narratives to confuse a specific group and obfuscate the truth).
These different concepts, mutually reinforcing, help to erode trust in information systems and confuse the population, especially in times of uncertainty such as natural disasters, crises and elections. They sow divisions and can also breed apathy among the public.
The paper shows a distinct spike in disinformation during significant moments in Mongolian-Russian relations, most notably around Putin’s visit to the country in September 2024.
Disinformation disorder
While much of the disinformation is clear in what Russia would like to accomplish, some topics are still up for debate. Dulamkhorloo (Duuya) Baatar, head of the Nest Center, has seen disinformation take many forms. She has also been the target of disinformation campaigns, with disinformation actors claiming she serves Western interests. Photos of her and Filipino Nobel Prize-winning journalist Maria Ressa have been used to disparage her and call her a foreign agent.
For Baatar, many uncertainties remain. One is why actors are preoccupied with circulating anti-vaccine disinformation online. This has had a significant and negative impact on attempts to deal with not only COVID-19, but with other diseases as well.
"We don’t know why, but making people anti-vaccine is the goal of disinformation actors,"
 Baatar said. This has affected public health in the country. The government has tried twice – once in 2012 and then again in 2024 – to push for the HPV vaccine, which can stop the development of certain types of cervical cancer. Both times, it was met with what appeared to be concerted disinformation campaigns in the country.
"According to a recent investigation, 4000 deaths over the past decade can be connected to HPV, something that was preventable," Baatar lamented.
She it said it remains unclear whether the goal is to create real vaccine skepticism, or whether it’s just an easy hot-button issue designed to divert public attention. 
Between a rock and a hard place
Russia is not the only country pushing its own agenda. To the south is China, which provides a vast majority of Mongolia’s imports. The country has its own interests and feels comfortable in wielding its influence.
For example, Baatar pointed to the Dalai Lama’s visit to Mongolia in 2016. In response, China cut off all imports. "You couldn’t even get baby formula," she said.
The study states that China’s approach to propaganda is significantly different to Russia’s. China focuses more on pro-China policies, with the goal of increasing the country’s prestige. Chinese actors communicate almost exclusively via television stations and online through official channels.
 Three men shake hands in front of flags and greenery behind them
(left to right) Russian president Vladimir Putin, Chinese president Xi Jinping and Mongolian president Ukhnaagiin Khürelsükh met at an event in Beijing on September 2, 2025
Image: Ding Haitao/Xinhua/IMAGO
"China is focused on fostering a positive image, while Russia is looking to divert and distort," said Shinebayar.
The Mongolian government has taken a "third neighbor" approach, staying friendly and maintaining good relations with both countries. This has left some wondering just how friendly relationships are between Mongolia’s policymakers and its neighboring nations.
Baatar would like to explore this concept further. She wonders about "captures," Mongolians who spread pro-Chinese or pro-Russian propaganda not for money, but out of well-placed disinformation that has convinced them to promote and even believe false narratives. They then can then become mouthpieces for foreign governments.
"We want to look into potential elite captures at the policymaking level," said Baatar.
The Nest Center for Journalism Innovation and Development is a DW Akademie partner. The “Understanding Pro-Russian Disinformation Narratives in Mongolia” study was conducted by the Nest Center and its subsidiary the Mongolian Fact Checking Center and was supported by the German Federal Ministry for Economic Cooperation and Development (BMZ).

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‘Government to Support Business Freedom, Guarantee Protection of Private Property’ www.montsame.mn

At its regular session on December 17, 2025, the Cabinet discussed the draft primary law on Economic Freedom, along with associated laws, and decided to submit them to the State Great Khural (Parliament).
To guarantee the constitutional right of citizens and legal entities to engage in business activities and reduce state involvement in economic activities, the draft primary law on Economic Freedom, the draft amendment to the Investment Law, and draft amendments to nine other related laws have been prepared.
First Deputy Prime Minister and Minister of Economy and Development, Enkhbayar Jadamba, stated that the draft law, prepared within the framework of the package law to support wealth creators, aims to promote freedom of businesses and legally guarantee the inviolability of private property.

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Working Group Recovers MNT 22 Billion to Protect State Assets www.montsame.mn

Head of the State Property Policy and Regulation Department and the Head of the working group, B. Tsengel presented information on the progress and results of the working group tasked with promptly recovering and recentralizing assets of special-purpose funds, state institutions, and state-owned legal entities that had been placed in insolvent or liquidated banks to prevent losses to the State.
The working group has recovered MNT 22 billion in outstanding debts, re-centralized assets, and prepared proposals for further measures to prevent state losses. In connection with the briefing, measures will be taken to ensure repayment of a non-performing loan extended by the Development Bank of Mongolia LLC to Khutul LLC. In addition, to resolve issues related to the MNT 275.7 billion investment made by Khutul LLC in Cement and Lime LLC, Cement Lime LLC will issue additional ordinary shares to be held by Development Bank of Mongolia LLC.
Furthermore, a 924-square-meter service and office building valued at MNT 2.9 billion, located in the New Yarmag residential complex and seized as repayment for Development Bank loans, as well as a two-story kindergarten building with a total area of 648 square meters, a capacity of 100 children, and 90 percent completion, offered by Pyramid Ord LLC as loan repayment, have been placed under the budget of the Minister of Education and will be used as kindergarten facilities.

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A stolen dinosaur skeleton returns home www.bbc.co.uk

France has returned a 70-million-year-old dinosaur skeleton to Mongolia after discovering it had been taken illegally from the Gobi Desert.
The fossil belonged to a Tarbosaurus bataar, a huge meat-eating dinosaur closely related to the famous Tyrannosaurus rex.
French customs officers seized the skeleton in 2015, and after years of investigation, the country decided it should go back home.
Tarbosaurus bataar lived during the Cretaceous period and disappeared some 65 million years ago, and there have been no specimens of T.bataar discovered outside of Asia.
The handover took place at a special ceremony in Paris. France's Public Accounts Minister Amelie de Montchalin gave the fossil - along with about 30 other items, including dinosaur eggs -to Mongolia's culture and sports minister.
De Montchalin said that after a long investigation, "a piece of the Gobi Desert is about to return to its homeland," describing it as a "scientific and cultural treasure".
The fossil had been looted (taken without permission) from Mongolia's Gobi Desert before being transported through South Korea and ending up in France.
When it was discovered, Sophie Hocquerelle from French customs described it as "an exceptional discovery".
She explained: "This is an entire Tarbosaurus, estimated at around 700,000 euros when it was seized, but since then the market has exploded, so we could say it is worth two to three times that amount today."
For Mongolia, the return of the fossil is extremely important.
Mongolia considers all fossils found in the Gobi Desert to be government property, and exporting them without permission is illegal.
The country's government is now trying to reclaim lost relics, hoping to bring home fossils long held in foreign museums and with private collectors.
Mongolia's culture and sports minister, Undram Chinbat, said: "For me and for all the Mongolian people, it's very important to have our dinosaur fossils back," while thanking France for helping protect their natural history.
Once back in Mongolia the fossils will be studied and restored, and they will eventually be displayed in a new museum the country is planning to open.

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Ancient burial sites discovered during geological surveys in Mongolia www.qazinform.com

Geological exploration at the Oyut Deposit in Orkhon and Bulgan aimags, conducted under a government permit granted to the Erdenet Mining Corporation (EMC), has revealed significant archaeological findings alongside mineral resources, Qazinform News Agency cites MONTSAME.
Exploration works, which began in 2023, confirmed reserves of 357 million tonnes of ore and more than 1.1 million tonnes of pure copper. But in 2024, surveys also uncovered 10 ancient burial mounds (khirgisuur) within the exploration field.
In accordance with Mongolia’s cultural heritage law, EMC’s excavation team partnered with the Institute of Nomadic Archaeology at the National University of Mongolia (NUM) to study the sites. Fieldwork concluded in October 2025, with a detailed report finalized.
10 graves were studied, including four from the Bronze Age,  four with undetermined timelines, and two from the Medieval period (8th–13th centuries).
Among the artifacts uncovered were bronze mirrors (toli), felt items, animal bones, and various funerary goods.
Excavation scope reached 1,032 hectares within the Oyut Deposit exploration area.
It is worth reminding, golden jewelry and ancient artifacts were unearthed in Kazakhstan.

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E-Mart Opens Sixth Store in Mongolia www.businesskorea.co.kr

E-Mart announced on Dec. 18 that it has opened its sixth store in Mongolia, E-Mart Tenger, in a key commercial district in eastern Ulaanbaatar, the capital of the country.
E-Mart Tenger is located on the first floor of the Dragon Tenger Bus Terminal and spans 2,545 square meters (approximately 770 pyeong). Last year, E-Mart opened its fifth store at the Dragon Terminal in western Ulaanbaatar, making this its second store targeting a transportation hub commercial area.
The most notable feature of E-Mart’s sixth store in Mongolia is the expansion of Korean products to up to twice the level of existing stores. To begin with, E-Mart has positioned No Brand, which enjoys strong popularity in Mongolia, at the very front of the store entrance as a 120-square-meter (36-pyeong) shop-in-shop, offering around 800 items including snacks and household goods.
A beauty-focused zone has also been established. The store features approximately 470 products from K-beauty brands such as Glow:Up by Beyond, a skincare brand developed in collaboration with LG Household & Health Care, as well as Innisfree and TonyMoly.
In addition, the store offers more than 50 menu items, including Korean foods such as gimbap, jokbal, and fried chicken, alongside local Mongolian dishes such as khuushuur and tsuivan.
E-Mart entered the Mongolian market in 2016 through a franchise agreement with local company Altai Group. Over the nine years since its entry, sales have increased 14-fold. E-Mart plans to further expand its presence next year by opening additional stores in new commercial areas and introducing new formats, including standalone No Brand stores and No Brand zones to be operated in collaboration with local retailers.
Jasmine Choi pr@businesskorea.co.kr

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China and Mongolia are battling to control massive dust storms www.theconversation.com

Dust storms regularly affect northern China, including its capital Beijing. In recent years, Chinese scientists and officials have traced the source of the dust storms to its neighbour Mongolia.
Much of the dust over Beijing in the spring of 2023, for example, originated from parts of Mongolia, seemingly driven by the warming and drying of the climate in the region.
Mongolia’s environment has come to be seen as China’s problem. Chinese netizens have blamed Mongolia’s herders and miners for the exploitation of natural resources and environmental destruction.
In pointing the finger at Mongolians, they ignore the role that Chinese demand for Mongolian resources plays in Mongolia’s environmental problems. In the south of Mongolia, it is dust churned up by mining trucks carrying coal to China on unpaved roads that locals are concerned about.
In August 2026, a major UN conference will be held in Ulaanbaatar, Mongolia’s capital, on the subject of tackling desertification. According to the Mongolian organisers of the conference, the country is one of the most severely affected by this process, whereby fertile land becomes like a desert and vegetation disappears, with almost 77% of its land now classified as degraded.
In recent years, China has sought to export its own expertise in preventing and tackling desertification to Mongolia, and this conference will provide a platform for China to showcase its global leadership on tackling this phenomenon.
Questions remain, however, about how Chinese anti-desertification measures might work within Mongolia. In China, for instance, these measures have often targeted herders, while in Mongolia, nomadic herding is central to ideas of national identity.
In the spring of 2023, China was hit by a series of unexpectedly severe dust storms. Vulnerable residents of Beijing were told to remain inside their homes as the sky turned an apocalyptic orange.
Dust storms like these originate from dry bare soil exposed to seasonal winds in semi-arid regions, often hundreds if not thousands of miles away.
Increasing dust emissions are linked to climate change, reducing rainfall and increasing temperature, and to desertification. Land degradation due to poor management practices exposes bare soil, as well as leading to the expansion of huge areas of “sand seas”, which kick up dust.
Massive dust storms hit Mongolia.
In recent decades, China has adopted a series of measures within its own borders in an attempt to prevent desertification. Notable among these has been the “great green wall”, initiated in 1978, which seeks to constrain the many deserts and sand seas in the north, north-east and north-west of the country by stabilising the shifting sand with extensive tree-planting. These also act as windbreaks.
Building a relationship?
In 2023, the China-Mongolia desertification prevention and control centre was established in Ulaanbaatar. At a meeting between China’s president Xi Jinping and his Mongolian counterpart Khürelsükh Ukhnaa, Xi pledged support for Mongolia’s “billion tree movement”. This initiative aims to plant that number of trees across the country by 2030.
Cooperation with Mongolia has also offered China an opportunity to demonstrate its expertise in desertification control techniques outside its borders.
Besides using traditional tree-planting and straw checkerboard sand barriers, Chinese engineers have developed techniques for immobilising sand dunes, as well as significant expertise in steel and concrete sand fence designs – and increasingly, in the installation of extensive solar panel farms, including novel vertical panels that also act as wind breaks. However, stopping sand dunes at the desert’s edge doesn’t necessarily prevent dust blowing off the soil in sparsely vegetated semi-arid land.
More broadly, China’s efforts to control desertification within its borders have targeted the livelihoods of herders, who are often from one of China’s ethnic minorities.
Official narratives have blamed herders for desertification, claiming they mismanage rangelands by accumulating excessive numbers of livestock. China’s top-down, state-led environmental plan has seen herders resettled away from the grasslands in a policy known as “ecological migration”. Those who remain have often been subjected to grazing bans or strict limits on the number of animals they can keep.
These policies are based on the privatisation of grassland use, often accompanied by the erection of fencing. This has severely reduced the mobility of herders. Some researchers suggest it is, in fact, this privatisation of land that is primarily responsible for the degradation of China’s grasslands.
It increases localised grazing pressure by preventing the herders and their livestock moving around. Enclosing large tracts of grassland to be turned into forests or solar farms further reduces the land available to herders.
So will China’s model of desertification prevention and control be exported to its neighbours? A recent headline in the South China Morning Post describes the possible expansion of China’s great green wall into Mongolia. Further afield, China has been a model for a similar project in Africa.
The idea of a Chinese great wall, however “green”, expanding into Mongolia would be unpalatable to many Mongolians, because of their deep anxieties over China’s territorial ambitions.
Official announcements from China talk instead of the joint construction of an “ecological security barrier” on the Mongolian plateau, which straddles the border between the two countries.
Unlike China, Mongolia’s grasslands remain largely unfenced. The country is proud of its nomadic heritage, and the kind of large-scale fencing of rangelands and livestock reduction programmes that have been seen in China would be highly contentious in democratic Mongolia.
For now, cooperation remains confined to small, isolated “demonstration zones”, scientific exchange, and support for Mongolia’s own billion-tree movement – which, not surprisingly perhaps, makes no reference to walls.
The upcoming UN conference in Mongolia will take place during the UN’s International Year of Rangelands and Pastoralists. It remains to be seen how China’s environmental diplomacy there engages with the growing international recognition of the positive role that herders can play in fostering biodiversity, and in helping prevent grasslands becoming deserts.
Jo Adetunji
Editor, The Conversation UK

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Bank of Mongolia Keeps Policy Rate Unchanged www.montsame.mn

The Monetary Policy Committee (MPC) of the Bank of Mongolia held its scheduled meetings on December 10-11, 2025. Considering the current state of the macroeconomy, banking sector, and financial markets, as well as the domestic and global economic outlook and risks, the MPC decided to:
Keep the policy rate unchanged at 12 percent;
Exclude from the reserve requirement an amount equivalent to the outstanding balance of loans secured by pension and social welfare income;
If loans secured by pension and social welfare income are extended once, with total maturity not exceeding 36 months, and the monthly repayment burden is reduced accordingly, such loans shall retain their original asset classification without being reclassified as restructured assets;
Reduce the risk weight applied to pension-backed loans from 150 percent to 100 percent.
In November 2025, annual inflation stood at 8.2 percent nationwide and 8.7 percent in Ulaanbaatar. The decline in inflation from the previous month was mainly driven by the fading of base effects stemming from earlier increases in administratively regulated service prices. However, the poor harvest pushed up vegetable prices, while meat prices did not follow their usual seasonal decline in the autumn months, thereby intensifying food inflation. Furthermore, next year’s wage increases are projected to raise the inflation outlook relative to previous estimates. As a result, inflation is expected to enter and stabilize within the target range in 2026. However, the financing of government projects, export revenues, and the exchange-rate outlook, as well as weather conditions and supply-driven price changes, could pose upside risks to inflation.
The economy grew by 5.9 percent in the first three quarters of 2025, broadly in line with our expectations. Growth was largely driven by the agriculture and mining sectors, and the outlook for economic growth remains unchanged.
Compared with the time of the previous policy decision, global and Chinese growth prospects have improved, as the impact of U.S. tariffs has been smaller than analysts initially expected, and gold and copper prices have risen faster than anticipated. Although external conditions have thus improved, uncertainty remains elevated.
The decision to keep the policy rate unchanged is consistent to stabilize inflation at the target level over the medium term and strengthening the stability of the economy and the financial sector. This decision also serves as a measure aimed at reducing the funding costs of bank lending. In addition, possible policy options to ease the monthly repayment burden of pension loans were discussed.

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UK-Funded Project to Boost English Skills in Remote Areas of Mongolia www.montsame.mn

UNICEF Mongolia, in collaboration with the Ministry of Education, has launched the second phase of the project “Breaking Language Barriers,” funded by the British Government. The parties signed the agreement for Phase II of the project on December 17, 2025.
At the signing ceremony, Minister of Education Naranbayar Purevsuren underlined that the first phase of the project had significantly supported the introduction of English as an additional programme from grade three in general education schools starting from the 2025–2026 academic year.
According to the Ministry of Education, the first phase was implemented earlier this year, providing more than 100 hours of training to over 320 English teachers from all soums of Bayan-Ulgii, Bayankhongor, and Sukhbaatar aimags. As a result, 39 percent of participating teachers improved their English proficiency level, while more than 540 students joined 15 English-speaking clubs in those aimags, and 126 digital devices were delivered to 26 schools to support e-learning environments.
The second phase will be implemented in Bulgan, Arkhangai, Khuvsgul, Khentii, and Dundgobi aimags, aiming to enhance the language and teaching skills of more than 450 English teachers and to train a new cohort of mentor teachers. Phase II of the project “Breaking Language Barriers” is expected to reach 20,000 rural students, while Phase I brought English education to 12.000 students.

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Parliament Ratified Interim Trade Agreement www.montsame.mn

At its plenary session on December 12, 2025, the State Great Khural (Parliament) approved the Interim Trade Agreement between Mongolia and the Eurasian Economic Union (EAEU) and its member states, submitted by the Government. With the ratification of this agreement, conditions have been created for the mutual export and import of 367 types of goods on a duty-free basis.
In addition, Mongolia will be able to import from EAEU member states 367 categories of food products that are not produced domestically, as well as heavy machinery and equipment, chemical fertilizers, and nitrogen-based fertilizers.
The Government considers that the agreement will contribute to increasing non-mining exports, job creation, and overall economic activity. Under the EAEU interim trade agreement, customs clearance can be completed within four hours, and exporters are now able to self-certify certificates of origin for goods valued at up to EUR 5,000. This is expected to have a positive impact on Mongolian enterprises.
The agreement does not cover investment, trade in services, banking and finance, or payment and settlement issues. It is limited strictly to the agreed list of 367 goods. Nevertheless, it offers advantages such as enhanced cooperation between customs authorities, improved efficiency and promptness, resolution of obstacles encountered in foreign trade, and reductions in transaction costs.
The Interim Trade Agreement with Mongolia has been concluded for three years and can be extended for the same period. After the first three years of the agreement, the parties can begin negotiations on a full-fledged free trade zone.
The Member States of the Eurasian Economic Union are the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, and the Russian Federation.
The Union is being created to comprehensively upgrade, raise the competitiveness of, and enhance cooperation between the national economies, and to promote stable development in order to raise the living standards of the nations.

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