Mongolia seeks free trade agreement with Turkey www.news.mn

Mongolia and Turkey will celebrate their 50th year of diplomatic relations in 2019, in which they will seek to reach a new strategic level in ties and increase cooperation between their parliaments.

ADB projects in Cambodia, Mongolia, Tajikistan get "green" funding www.xinhuanet.com

MANILA, March 9 (Xinhua) -- The Asian Development Bank (ADB) said on Friday it has secured 190 million U.S. dollars in total funding from the Green Climate Fund (GCF) for its climate change projects in Cambodia, Mongolia, and Tajikistan, shoring up the bank's efforts to increase its climate financing for the Asia and Pacific region.

"ADB has an ambitious plan to provide annual climate financing of 6 billion U.S. dollars by 2020 from its own resources," said Bambang Susantono, ADB vice-president for Knowledge Management and Sustainable Development.

"The funding from GCF will complement this effort and help our developing member countries address the effects of climate change and meet their commitments under the Paris climate agreement," Susantono added.

In 2017, the Manila-based ADB delivered over 4.5 billion U.S. dollars in climate finance from its own resources, of which 3.6 billion U.S. dollars was for mitigation and 930 million U.S. dollars for adaptation, and mobilized an additional 696 million U.S. dollars from external sources.

The ADB said the new funding, comprised of 85 million U.S. dollars in grants and 105 million U.S. dollars in concessional loans, was approved during the 19th meeting of the GCF board on February 27 to March 1 in Songdo, South Korea.

In Cambodia,the GCF will provide 30 million U.S. dollars in grant and 10 million U.S. dollars in loan to complement ADB's loan of 90 million U.S. dollars to help develop climate-friendly agribusiness value chains.

"GCF funds will be used for enhancing the resilience and productivity of target crops, rehabilitating production and post-harvest infrastructure to climate resilient condition, and for reducing the carbon footprint along the value chains by promoting solar and bioenergy," the ADB said.

In Mongolia, the GCF funding of 50 million U.S. dollars in grant and 95 million U.S. dollars in loan will supplement the 399 million U.S. dollars from ADB and other partners to provide Ulaanbaatar's peri-urban areas (ger areas) with 100 hectares of eco-districts that are low carbon, climate resilient, and livable and 10,000 green housing units that are energy efficient, affordable, and utilize renewable energy.

In Tajikistan, a GCF grant of 5 million U.S. dollars, combined with an equivalent grant from ADB, will support capacity building of the national weather forecasting entity, the State Agency for Hydrometeorology, to produce timely and accurate forecasting of climate-related extreme weather events.

The first GCF board meeting of 2018 approved 23 projects, valued together at 1 billion U.S. dollars of GCF funding.

ADB is one of 59 entities accredited to the GCF that can channel GCF resources to projects and programmes in developing countries. GCF, based in Songdo, South Korea, is a global fund created to support the efforts of developing countries to respond to the challenge of climate change. It was established in 2010 by 194 governments.

8 Reasons Why Mongolia's Capital Ulaanbaatar Might Be The Place for a Trump-Kim Summit www.thediplomat.com

In his recent article “8 Questions the Trump Administration Must Answer Before the Summit With Kim Jong-un,” The Diplomat’s Ankit Panda included the location of the meeting. “Trump should not be willing to sweeten the already-sweet concession of a summit by traveling to North Korean soil to see Kim Jong-un.” The most likely solution to that challenge is Panmunjom, as Panda notes, but should the Trump administration look elsewhere, Mongolia’s capital of Ulaanbaatar emerges as the obvious choice for a meeting location.

In his book “Art of the Deal” Donald Trump included a focus on “Enhance your Location” as one of the 11 pathways to successful negotiations. As it now is emerging that a Trump-Kim meeting may still be tied to conditions, it is not unlikely that the location for the meeting is among those conditions.

Less than twelve hours after news about a Trump-Kim meeting before May emerged the former president of Mongolia, Ts Elbegdorj tweeted, “Here is an offer: U.S. President Trump and NK leader Kim meet in UB. Mongolia is the most suitable, neutral territory. We facilitated important meetings, including between Japan and NK. Mongolia’s continuing legacy – UB dialogue on NEA.”

Here are eight reasons why Ulaanbaatar would be the right location:

Neutrality. Mongolia has pursued a position of political neutrality or of friendly relations with all its regional neighbors since its democratic revolution in 1990. In 2015, there were even discussions about pursuing a formally neutral status for the country.

Friendly relations with the United States. From 1990 on, Mongolia has built friendly relations with the U.S. that have seen many high-level exchanges of official visits, U.S. aid investments, building on the U.S. perception of Mongolia as a scrappy democracy in a tough neighborhood.

Friendly relations with the DPRK. Mongolia’s foreign minister D Tsogtbaatar was just in Pyongyang in early February, and North Korea has contracted thousands of workers out to labor in Mongolia over many years. Perhaps most significantly from the DPRK’s perspective, hundreds of children were evacuated to Mongolia during the Korean War and that emotional connection continues.

The meeting will take place in Asia. Ulaanbaatar is easily reached by a North Korean delegation, requiring only a flight over Chinese territory or railroad travel via China or Russia. For a U.S. delegation, Ulaanbaatar is almost as equally easily reached from Japan or South Korea, requiring, again, only a flight over Chinese territory.

Past interactions. DPRK officials have interacted with third-party governments in the recent past and Mongolia has frequently included North Korea in events that its government has hosted. There have thus been meetings between the Japanese and DPRK governments in Ulaanbaatar in 2007 and 2012. In 2017, the Mongolian government hosted the Ulaanbaatar Dialogue on Northeast Asia. North Korean Deputy Foreign Minister Ri Yong-Ho participated in the meeting and in several quiet bilateral meetings with officials from participating countries. These meetings have been successful because of the level of comfort with Mongolian hosts that DPRK officials have felt.

Substantive credibility. Nuclear non-proliferation is among the main issues surrounding a Trump-Kim meeting. Mongolia’s status as a nuclear-free zone was formally recognized in 2012.

Ulaanbaatar would be acceptable to U.S. and DPRK allies. Surely, the South Korean government prefers a location that would see them involved more directly, but Mongolia is likely an acceptable compromise. Japan has appreciated Mongolia’s offers to act as a go-between in the past and a relocation of the meeting away from the Korean peninsula may offer more opportunities for the abductee issue to remain on the agenda. It seems unclear whether Presidents Xi or Putin would have a preference for any particular location, but Ulaanbaatar is likely acceptable to both.

Capacity. While Ulaanbaatar would be challenged by the hundreds of officials that would be required for the of a meeting, similar meetings have been held there in the past, most recently the Asia Europe Meeting in summer 2016. Note that tourism flows to Ulaanbaatar at the end of an extremely cold winter there in May are limited, so hotels and airplanes would likely be able to accommodate the visiting press corps as well.

Barring any intervention from Dennis Rodman, it would seem that any search for a meeting location beyond Panmunjom points to Ulaanbaatar.

Dr. Julian Dierkes is an associate professor at the Institute of Asian Research of the University of British Columbia (UBC) in Vancouver, Canada where he teaches in the Master of Public Policy and Global Affairs. He and Mendee blog at http://blogs.ubc.ca.mongolia. Follow him on Twitter @jdierkes. Mendee Jargalsaikhan is a PhD candidate in Political Science at the University of British Columbia. His dissertation examines the development of Mongolia’s democracy. Follow him @MendeeJ.

ETT reports on production and future plans at PDAC www.gogo.mn

At the PDAC International Convention being held in Toronto, Erdenes Tavan Tolgoi (ETT) reported that as of March 2017, ETT's coal export made up 14 percent of China's total coal imports.

USDA discusses supplying high productivity livestock to Mongolia www.gogo.mn

Representatives from the U.S. Department of Agriculture (USDA) have arrived in Mongolia to assess opportunities to implement the Food For Progress Program in Mongolia. Thomas M. Szymanski from the USDA stated that countries that are eligible for the Food for Progress Program are given access to modern resources to improve their agricultural production, increase trade in agricultural products, and receive financing of 15 to 20 million USD over a five-year period for agriculture projects.

Mongolian President sends official letter to Donald Trump www.news.mn

Kh.Battulga, President of Mongolia has sent an official letter to US President Donald Trump asking support in two things.

Asia-Pacific trade deal signed by 11 nations www.bbc.com

Eleven Asia-Pacific countries have just signed the trade pact formerly known as the Trans-Pacific Partnership.

Although the US pulled out last year, the deal was salvaged by the remaining members, who signed it at a ceremony in the Chilean city of Santiago.

Chilean foreign minister Heraldo Munoz said the agreement was a strong signal "against protectionist pressures, in favour of a world open to trade".

The deal covers a market of nearly 500 million people, despite the US pullout.

In the absence of the US, it has been renamed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Extraneous adjectives aside, its supporters say it's hugely significant, and could be a model for future trade deals.

What does it do?
Its main purpose is to slash trade tariffs between member countries.

But it also seeks to reduce so-called non-tariff measures, which create obstacles to trade through regulations.

There are chapters which aim to harmonise these regulations, or at least make them transparent and fair.

There are also commitments to enforce minimum labour and environmental standards.

It also includes a controversial Investor-State Dispute Settlement mechanism, which allows companies to sue governments when they believe a change in law has affected their profits.

Who's in it?
In alphabetical order: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

The US is conspicuously absent.

President Donald Trump fulfilled an election promise by pulling out in January last year, labelling the deal a disaster for American workers.

In short, the biggest winners are expected to be in Asia, while the wealthier countries, on balance, are not expected to receive as much of a boost.

The Peterson Institute for International Economics says Malaysia, Singapore, Brunei and Vietnam will each receive a bump of more than 2% to their economy by 2030.

New Zealand, Japan, Canada, Mexico, Chile and Australia will all grow by an additional 1% or less.

The same study says the US could be a big loser, foregoing a boost to its Gross Domestic Product of 0.5% (worth $131bn).

What's more, it could lose an additional $2bn because firms in member countries have an incentive to trade with each other instead of with American companies.

Donald Trump isn't the only one who has failed to be convinced of its value, though.

Unions (particularly in wealthier member countries such as Australia and Canada) say the deal could be a job killer or push down wages.

Some economists have also suggested that free trade agreements are rigged by special interests, which makes their economic value far more dubious.

Is there any point without the US?
Yes, but there's no question the deal is diminished without the involvement of the world's largest economy.

The remaining nations' economies account for more than 13% of the global economy - a total of $10 trillion dollars.

Australia's Prime Minister, Malcolm Turnbull, says the deal has been set up to allow it to admit new members, possibly including the US.

However, the revised agreement dropped about 20 of the original provisions (mostly those insisted on by the US), suggesting a US re-entry would require some intense negotiation.

And although Donald Trump is on record saying he'd be open to a substantially better deal, his broader hostility toward trade pacts would suggest it's a remote possibility.

Could the UK join?
Sure, why not? There's nothing banning it, even if most of the members are on the other side of the world.

Australia, at least, has indicated that it's open to the idea, and the UK's International Trade Secretary, Liam Fox, has signalled some interest in joining after the UK completes its departure from the EU.

But it's unlikely that membership would provide an immediate replacement for its EU trading partners after Brexit.

That's because the region isn't a major destination for UK exports.

TPP: Could UK really join Pacific trade group?
Brexit: UK could join Pacific free trade zone, says Liam Fox
And while growing new markets would arguably be the whole point, it's unlikely to happen overnight.

The signatories accounted for less than 8% of UK exports last year, according to research by the Observatory of Economic Complexity at the Massachusetts Institute of Technology.

Mongolia and China considers waste-to-energy partnership www.theubpost.mn

Citizens of Mongolian capital allowed to own land in rural areas for free www.xinhuanet.com

ULAN BATOR, March 8 (Xinhua) -- The citizens of the capital of Mongolia are allowed to own land in rural areas for free, the Department of Land Privatization Management of the Ulaanbaatar Property Relations Agency said in a statement on Thursday.

Mongolia welcomes ROK-DPRK meeting www.montsame.mn

Ulaanbaatar /MONTSAME/ The Ministry of Foreign Affairs has issued a statement, appreciating the high-level dialogue between the Republic of Korea (ROK) and the Democratic People’s Republic of Korea (DPRK).