1 PRIME MINISTER OYUN-ERDENE VISITS EGIIN GOL HYDROPOWER PLANT PROJECT SITE WWW.MONTSAME.MN PUBLISHED:2025/04/30      2 ‘I FELT CAUGHT BETWEEN CULTURES’: MONGOLIAN MUSICIAN ENJI ON HER BEGUILING, BORDER-CROSSING MUSIC WWW.THEGUARDIAN.COM PUBLISHED:2025/04/30      3 POWER OF SIBERIA 2: ECONOMIC OPPORTUNITY OR GEOPOLITICAL RISK FOR MONGOLIA? WWW.THEDIPLOMAT.COM PUBLISHED:2025/04/29      4 UNITED AIRLINES TO LAUNCH FLIGHTS TO MONGOLIA IN MAY WWW.MONTSAME.MN PUBLISHED:2025/04/29      5 SIGNATURE OF OIL SALES AGREEMENT FOR BLOCK XX PRODUCTION WWW.RESEARCH-TREE.COM  PUBLISHED:2025/04/29      6 MONGOLIA ISSUES E-VISAS TO 11,575 FOREIGNERS IN Q1 WWW.XINHUANET.COM PUBLISHED:2025/04/29      7 KOREA AN IDEAL PARTNER TO HELP MONGOLIA GROW, SEOUL'S ENVOY SAYS WWW.KOREAJOONGANGDAILY.JOINS.COM  PUBLISHED:2025/04/29      8 MONGOLIA TO HOST THE 30TH ANNUAL GENERAL MEETING OF ASIA SECURITIES FORUM WWW.MONTSAME.MN PUBLISHED:2025/04/29      9 BAGAKHANGAI-KHUSHIG VALLEY RAILWAY PROJECT LAUNCHES WWW.UBPOST.MN PUBLISHED:2025/04/29      10 THE MONGOLIAN BUSINESS ENVIRONMENT AND FDI: CHALLENGES AND OPPORTUNITY WWW.MELVILLEDALAI.COM  PUBLISHED:2025/04/28      849 ТЭРБУМЫН ӨРТӨГТЭЙ "ГАШУУНСУХАЙТ-ГАНЦМОД" БООМТЫН ТЭЗҮ-Д ТУРШЛАГАГҮЙ, МОНГОЛ 2 КОМПАНИ ҮНИЙН САНАЛ ИРҮҮЛЭВ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/30     ХУУЛЬ БУСААР АШИГЛАЖ БАЙСАН "БОГД УУЛ" СУВИЛЛЫГ НИЙСЛЭЛ ӨМЧЛӨЛДӨӨ БУЦААВ WWW.NEWS.MN НИЙТЭЛСЭН:2025/04/30     МЕТРО БАРИХ ТӨСЛИЙГ ГҮЙЦЭТГЭХЭЭР САНАЛАА ӨГСӨН МОНГОЛЫН ГУРВАН КОМПАНИ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/30     "UPC RENEWABLES" КОМПАНИТАЙ ХАМТРАН 2400 МВТ-ЫН ХҮЧИН ЧАДАЛТАЙ САЛХИН ЦАХИЛГААН СТАНЦ БАРИХААР БОЛОВ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/30     ОРОСЫН МОНГОЛ УЛС ДАХЬ ТОМООХОН ТӨСЛҮҮД ДЭЭР “ГАР БАРИХ” СОНИРХОЛ БА АМБИЦ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/30     МОНГОЛ, АНУ-ЫН ХООРОНД ТАВДУГААР САРЫН 1-НЭЭС НИСЛЭГ ҮЙЛДЭНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/29     ЕРӨНХИЙ САЙД Л.ОЮУН-ЭРДЭНЭ ЭГИЙН ГОЛЫН УЦС-ЫН ТӨСЛИЙН ТАЛБАЙД АЖИЛЛАЖ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/29     Ц.ТОД-ЭРДЭНЭ: БИЧИГТ БООМТЫН ЕРӨНХИЙ ТӨЛӨВЛӨГӨӨ БАТЛАГДВАЛ БУСАД БҮТЭЭН БАЙГУУЛАЛТЫН АЖЛУУД ЭХЛЭХ БОЛОМЖ БҮРДЭНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/29     MCS-ИЙН ХОЁР ДАХЬ “УХАА ХУДАГ”: БНХАУ, АВСТРАЛИТАЙ ХАМТРАН ЭЗЭМШДЭГ БАРУУН НАРАНГИЙН ХАЙГУУЛЫГ УЛСЫН ТӨСВӨӨР ХИЙЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/29     АМ.ДОЛЛАРЫН ХАНШ ТОГТВОРЖИЖ 3595 ТӨГРӨГ БАЙНА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/29    

Events

Name organizer Where
MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2024 London UK MBCCI London UK Goodman LLC

NEWS

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With no election winner, Mongolia sets runoff for July 9 www.thewashingtonpost.com

ULAANBAATAR, Mongolia — Mongolia will hold its first runoff election for president next month after none of the candidates attained the necessary majority in Monday’s voting.

Democratic Party candidate and former wrestler Khaltmaa Battulga was the top finisher, with 38 percent of the vote, and will face the Mongolian People’s Party’s Miyegombo Enkhbold in the July 9 election.

Mongolian People’s Revolutionary Party candidate Sainkhuu Ganbaatar was eliminated by the narrowest of margins — 30.19 percent to Enkhbold’s 30.3 percent — prompting some complaints about possible vote tampering.

Total turnout stood at 68.27 percent, the national election commission said Tuesday.

While the nation of 3 million had been an oasis of democratic stability, its politics have grown increasingly fractious amid an economic crisis and graft accusations.

A huge drop in foreign investment and decline in commodities prices have particularly strained the economy, a situation not helped by a long dispute with mining giant Rio Tinto over its operations in the country.

The winner next month will become Mongolia’s fifth president since 1990 following the end of communism.

The outcome in the second round is uncertain because although the MPP and MPRP have a historical affiliation, voters appear to hold them responsible for the economic pain they are feeling, Citi Research said in an analysis.

That could mean that at least some MPRP voters break for Battulga, the report said. “Overall, we expect policy continuity,” it said.

Along with a pending trade deal with China, one key issue will be a $500 million bond repayment due in January 2018, part of a $5.5 billion International Monetary Fund-led bailout to stem its financial crisis.

Enkhbold’s party pledges to continue the IMF’s program, including higher taxes and spending cuts, while Ganbaatar has criticized the IMF.

Battulga campaigned on a “Mongolia First” policy, borrowing the language of President Donald Trump. He promised to be “a patriotic president” seeking “equal cooperation” with neighbors like China, which he has criticized in the past.

Battulga is a former government minister and president of the Mongolian Judo Association. He also owns Genco, one of Mongolia’s largest companies, whose businesses include hotels, media, banking, alcohol, horse meat and a Genghis Khan-themed complex.

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3 Sectors To Buy In Mongolia If IMF Funding Succeeds In Boosting Diversification Beyond Mining www.fronteranews.com

IMF funding to focus on 3 areas in Mongolia

The IMF has approved a three-year, $434 million loan for Mongolia as part of a broader $5.5 billion financing package. The bailout program focuses on:

Fiscal consolidation, which may require Mongolia to tighten monetary and fiscal policy
Recapitalization of financial institutions (read, Mongolia’s Banks Threaten Economic Crash)
Boosting the economy’s competitiveness and fostering diversification to create jobs and achieve more inclusive growth.

Currently, over 86% of Mongolian exports fall under minerals and metals (XME). While commodities do remain a backbone of the economy, the IMF sees Mongolia as also well positioned to develop its meat and dairy exports, as well as its already well-known cashmere sector.

Opportunity to diversify beyond mining

While Rio Tinto (RIO), Turquoise Hill (TRQ), Erdene Resource Development (ERDCF), and Xanadu Mines (XANAF) continue to generate revenues from their mining sector investments, consumer based companies may soon have a chance to account for a larger share of this Asian (AAXJ) (VPL) nation’s exports. With close to 60 million livestock and the IMF’s financial support, meat exporters such as Makhimpex JSC (MSE: MMX), Makh Market LLC, Mongol Eco Makh LLC, Green Grace Land LLC, Darkhan Meat Food LLC (HSH), and Khaan Khuns LLC, Aussie Meat Company, Erdmeat LLC, and Precom LLC may see brighter days ahead. China, Russia, and Vietnam currently count among the three biggest markets (in order) for Mongolian meat exports.

Within the dairy space, Suu JSC (MSE: SUU) also holds potential. The dairy processor, Mongolia’s first, is also a recipient of international funding from the IFC which is a part of the World Bank Group.

Mongolia is the second largest producer of cashmere after China (FXI), providing nearly 28% of the total global supply. From Mongolia’s cashmere sector, Gobi JSC (MSE: GOV) owns over 21%of the world’s cashmere processing capacity. 25.1% of the company trades on the Mongolian Stock Exchange. Tuul Cashmere (MSE: TUL), Buyan (BYN), Sun Shiro, are other notable cashmere producing corporations in Mongolia.

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International observers present preliminary conclusions on election www.montsame.mn

Ulaanbaatar /MONTSAME/ Mongolia’s presidential election competitive and well-organized, but ongoing court cases caused uncertainty over candidacies, international observers say.

The June 26 June presidential election was competitive and well-organized, featuring a short yet fierce campaign; the election administration largely enjoyed public confidence and the freedoms of complaints, as well as pending court cases, led to uncertainty regarding candidacies. The media coverage was extensive, but largely devoid of analytical reporting, the international observers concluded in a statement.

Representatives of the International Election Observation Mission of Organization for Security and Cooperation in Europe (OSCE) / Office for Democratic Institutions and Human Rights (ODIHR), OSCE Parliamentary Assembly and European Parliament released the joint statement today at a press conference.

“These were well-run elections, and are overall promising for the future of Mongolia’s democracy”, said Guglielmo Picchi, Special Coordinator and leader of the short-term OSCE observer mission. He expressed hope that the mission’s overall positive experience is confirmed by the second round which is fixed on July 9.

The General Election Commission enjoyed stakeholders’ trust, met key deadlines and operated in a transparent manner, the statement says. It also suggests that current candidacy requirements are overly restrictive and limit voters’ choice.

The election campaign was dynamic, however, the political discourse wasn’t exempt from xenophobic rhetoric, the observers stated, citing several leaked recordings alleging candidates’ involvement in corruption and other illegal activities which shaped the campaign narrative.

“We regret that campaign finance regulations on transparency and accountability didn’t address, in a timely manner, concerns of corruption in political life”, said Laima Andrikiene, Chair of the European Parliament delegation, noting how candidates’ mutual accusations discouraged voters, especially the youth, from voting. The European Parliament observation mission was divided into three teams, deployed in Ulaanbaatar, Zuunmod and Darkhan, and visited both urban and rural areas.

The international observers visited limited number of polling stations on election day to find that voting and counting were orderly, but transparency was somewhat limited by the GEC releasing only aggregated results. They observed that female workers outnumbered men. 

“I think that the Mongolian people had, in the first round of the presidential election, the possibility to express their choice in a genuinely democratic election, although there were a number of shortcomings”, remarked Ambassador Geert-Hinrich Ahrens, Head of the OSCE/ODIHR limited election observation mission. The mission will stay in Mongolia until after the second round.

The OSCE/ODIHR mission comprises 12 core team experts from 12 participating stated based in Ulaanbaatar and 20 long-term observers deployed throughout the country.

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Re-polling is scheduled on Jul 9 www.mongolia.gogo.mn

General Election Committee (GEC) issued three resolutions related to the presidential election. 

First, GEC states that 1.357.788 people voted for the president out of 1.988.868 registered voters. Thus, the election was considered valid due to voter turnout was 68.27. 
Secondly, the GEC reports the result;
Kh.Battulga, a nominee of Democratic Party won 517,478 votes /38.11 percent/, 
M.Enkhbold, a nominee of Mongolian People`s Party won 411,748 votes /30.32 percent/,
S.Ganbaatar, a nominee of Mongolian People`s Revolutionary Party won 409,899 /30.19 percent/ of votes. 
According to the Law on Election, a candidate must receive at least 50 percent plus one vote of the total valid votes to win the election. If none of the candidates win absolute majority votes in the first round, the two most voted candidates to run for a second round while a candidate who received the least votes will be disqualified from the competition. Thus, S.Ganbaatar, a nominee of Mongolian People`s Revolutionary Party quit the presidential race. 
Third, the re-polling is scheduled on Jul 9th nationwide and Mongolian citizens living abroad will vote on Jul 4th. The most voted candidates, Kh.Battulga, opposite Democratic Party nominee, and M.Enkhbold, the ruling Mongolian People`s Party nominee will run for the second round of voting. All voters is set to attend the second round of voting. 
Moreover, the re-polling was estimated to cost 7.2 billion. 
The voter turnout must be more than 50 percent at the re-polling and the re-polling will be considered as valid if one of the candidate win 50 percent plus one vote. If the participation rate will not reach 50 percent re-election must be carried. 
If re-election will be held, all political parties seated in the Parliament are eligible to nominate another candidate or upgrade their action plans.

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Mongolia to hold runoff presidential election www.asia.nikkei.com

ULAANBAATAR -- Mongolia is headed for its first runoff presidential election in history after all three candidates failed to secure an outright majority in the Monday voting.

Battulga Khaltmaa of the leading opposition Democratic Party came in first, with just about 500,000 of the over 1.3 million votes cast, according to provisional results released by the General Election Committee. The top two candidates from the Monday election will now face off in a second round expected to be held within two weeks. The results of the Monday election are expected to become clear Tuesday.

Battulga's nationalistic pledge that "Mongolia will win" resonates with the country's youth, propelling him to first place. He called on younger voters to turn out for the runoff at a news conference Monday night.

The head of the Mongolian Judo Association and a prominent businessman, Battulga has also served as the East Asian nation's minister of food, agriculture and light industry. He won votes by promising to use the country's rich mineral reserves to benefit Mongolians, though some worry how this could impact foreign-funded development projects.

Although Enkhbold Miyegombo of the ruling Mongolian People's Party was long considered the front-runner, he is neck and neck for second place with Mongolian People's Revolutionary Party candidate Ganbaatar Sainkhuu.

Enkhbold stressed to reporters Monday that the election is about economic and social issues and finding a solution to Mongolia's budget deficit. But his campaign lost steam amid allegations of an illicit land sale during his time as mayor of Ulaanbaatar, as well as a backlash against Saturday's televised debate that many thought was skewed in favor of the candidate.

Meanwhile, Ganbaatar on Monday doubled down on the need to use Mongolian resources for the Mongolian people. He has extended his appeal beyond his older base by tapping into long-held grievances about foreign companies mining the country's rich natural resources.

The president will serve for four years, and will have control of the military as well as veto power over the parliament. The candidates have focused mainly on negative campaigning rather than political debates, leading many Mongolians to lament the lack of options this year.

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No decisive winner in Mongolia presidential vote forces second round www.reuters.com

There was no outright winner in Mongolia's presidential election on Monday, forcing the country's first ever second-round run-off between the two leading candidates, the country's General Election Committee said of Tuesday.

The populist former martial arts star Khaltmaa Battulga of the opposition Democratic Party won the most votes, but failed to secure the majority required, the committee said.

After the final districts were counted overnight, Battulga emerged with 517,478 votes, 38.1 percent of the total, according to Mongolian state television.

Ruling Mongolian People's Party (MPP) candidate Miyeegombo Enkhbold, regarded as pro-investment and market-friendly, scraped through to the second round with 411,748 votes, 30.3 percent of the total.

The election was seen as referendum on the government's economic recovery plans and China's role in the country.

Battulga is regarded as a resource nationalist who is suspicious of neighbouring China, while Enkhbold, an establishment politician and parliamentary speaker, appears to have suffered as a result of his party's austerity policies.

The new MPP administration raised interest rates and slashed public spending last year to try to cope with heavy debts and a precipitous fall in the value of Mongolia's currency, the tugrik.

Enkhbold, the pre-election favourite, was trailing in third place for much of the count after a stronger than expected performance by Sainkhuu Ganbaatar of the breakaway Mongolian People's Revolutionary Party (MPRP).

Ganbaatar finished with 30.2 percent, trailing Enkhbold by fewer than 2,000 votes, but is expected to be eliminated from the second round.

All three presidential candidates promised to pull the country out of its current crisis, but their campaigns were clouded by corruption allegations.

Mongolia, a remote, resource-rich land known as the birthplace of Mongol emperor Genghis Khan, is a parliamentary democracy. The government is run by the prime minister, but the president has powers to veto legislation and make judicial appointments.

(Reporting by Terrence Edwards, Writing by David Stanway; Editing by Gareth Jones and Michael Perry)

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TEPCO aims to complete Fukushima ice wall www.nhk.or.jp

The operator of the crippled nuclear power plant in Fukushima has applied for permission to freeze the remaining part of an ice wall that is being built to keep groundwater from entering the reactor buildings.

Tokyo Electric Power Company submitted the application to the Nuclear Regulation Authority on Monday, in order to gain permission to freeze the 7 meter-wide section on the mountain side.

Workers started circulating coolant in buried pipes to form the 1.5 kilometer-long wall in March of last year. They hope to keep groundwater from entering the crippled buildings and being contaminated with radioactive substances.

The utility company has been taking a cautious approach, expanding the frozen area little by little to gradually reduce the groundwater inflow.

That's because of the regulator's concern that freezing the entire area could lead to a sharp drop in the groundwater level outside the reactor buildings, which could cause the tainted water to leak out.

But company officials now say they are sure that water will not leak out. And they say the barrier is already working to decrease the flow of water. The daily amount of groundwater flowing into the buildings is now 100 tons. When the project started, it was 400 tons.

The officials say that the completion of the ice wall will further reduce the amount.

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Alibaba hires top scientist to mastermind AI drive www.chinadaily.com

Internet powerhouse Alibaba Group Holding Ltd has appointed a seasoned scientist at Amazon.com Inc to spearhead its efforts in artificial intelligence, a move that will propel its so-called "NASA plan" to double up on technology research.

Alibaba in March announced a major project at its first technical meeting in Hangzhou, to galvanize the group's technological capabilities, code-named NASA.

Since June, Ren Xiaofeng, former senior principal scientist at Amazon and a Chinese citizen, has taken on the role as chief scientist and deputy dean at Alibaba's Institute of Data Science and Technologies, its global research and development center, the company confirmed on Monday.

Ren is recruiting a world-class computer vision team at a fast-expanding site in Bellevue, in the United States.

That's according to Ren's updated resume on the website of the University of Washington, where he also serves as an affiliate assistant professor of computer science and engineering.
In his four years at Amazon, Ren was the lead scientist at Amazon Go, using computer vision and machine learning, to transform retailing. The research led to the launch of an automatic check-out system that eliminates unnecessary and annoying customer waiting.

Prior to Amazon, Ren also had deep experience in vision-related projects at Intel Lab, working on computer vision and its applications in activity recognition and monitoring, robotics, and human-computer interaction. Ren holds a PhD in computer science from the University of California, Berkeley.

Alibaba said that Ren's coming onboard indicated an accelerated pace to carry out the NASA project, proposed by founder Jack Ma in March, to boost the firm's technological capacity in 20 years.

Ma said at the time that to meet the group's strategic goal of serving 2 billion customers, creating 100 million jobs and enabling 10 million businesses to become profitable, Alibaba should invest in technological infrastructure featuring machine learning, chips, the internet of things and biometric identification, among others.

As a new entrant to the international cloud market, Alibaba is off to a good start, being included for the first time in a Gartner Inc report this month as being "well-positioned to take on bigger players such as Amazon and Microsoft Corp".

Since the start of the year China's tech majors have been plowing in billions of dollars into consolidating a technical arsenal and talent pool to outgun their rivals.

Search engine Baidu Inc hired former Microsoft executive Lu Qi as group president and rolled out its Apollo Project to help drive the development of autonomous cars.

Tencent Holdings Ltd is also betting on cloud technologies and AI, doubling its offshore data centers this year and identifying AI as being synonymous with its services.

Shanghai-based Gartner Research Director Sandy Shen said that Chinese tech firms were becoming a hot draw for talent globally, given the market fluidity, fast pace and the receptive attitude toward new technologies among Chinese consumers.

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Kh.Battulga maintains top position in ballot www.montsame.mn

Ulaanbaatar /MONTSAME/ The General Election Commission will announce the preliminary results of the presidential election today, June 27.

As of 8.40 AM, DP candidate Kh.Battulga leads the ballot with 517,330 votes (38.1%), and MPP candidate M.Enkhbold in the second position with 411,519 votes (30.3%), followed by MPRP candidate S.Ganbaatar with 409,777 votes (30.19%).

Candidate Kh.Battulga also won majority of votes in the overseas polling. In specific, 2,979 Mongolian nationals living abroad voted for Kh.Battulga, 995 for M.Enkhbold and 740 for S.Ganbaatar. 

Since neither of the candidates garnered majority of votes, the situation calls for a second ballot.

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Mongolia's presidential election tightens, runoff likely www.foxnews.com

ULAANBAATAR, Mongolia – Mongolia's presidential election appeared headed for a runoff with the latest vote count early Tuesday showing a business tycoon leading the ruling party's candidate and a nationalist wanting the country to benefit more from its mineral wealth.

Khaltmaa Battulga of the Democratic Party had a clear lead but less than the required 50 percent of the 1.3 million votes cast Monday to avoid a runoff, the General Election Commission said.

The Mongolian People's Party's Miyegombo Enkhbold, speaker of the parliament and a horse dealer, had looked to be shut out of the runoff in the early results but pulled into second place as votes from more remote areas of the landlocked Asian country were counted.

Enkhbold was around 1,700 votes ahead of nationalist Sainkhuu Ganbaatar of the Mongolian People's Revolutionary Party, a vocal critic of mining giant Rio Tinto's operations in the country, according to the latest data from the election commission.

Ganbaatar's party protested the overnight turn in preliminary results that put their candidate, who had earlier been leading Enkhbold by 15,000 votes, in third place, accusing the election commission of fraud. The commission could not be reached for comment Tuesday.

While the nation of 3 million had been an oasis of democratic stability since the end of communist rule nearly three decades ago, its politics have grown increasingly fractious amid an economic crisis and accusations of corruption among the ruling class.

The candidates were seeking to succeed Tsakhia Elbegdorj of the Democratic Party, who has served the maximum of two four-year terms. The winner will become Mongolia's fifth president since 1990.

Enkhbold, whose party won parliamentary elections last year by a landslide, had been widely seen as representing stability at a time when Mongolia is showing tentative signs of recovery from an economic crisis brought about by a dramatic drop in global commodity prices.

Battulga campaigned on a "Mongolia First" policy, borrowing the language of President Donald Trump. He promised to be "a patriotic president" seeking "equal cooperation" with neighbors like China, which he has criticized in the past.

Battulga's company, Genco, is one of Mongolia's largest, with businesses including hotels, media, banking, alcohol, horsemeat and a Genghis Khan-themed complex. He was agriculture minister between 2012 and 2014 and is a former member of parliament, as well as president of the Mongolian Judo Association.

Ganbaatar, a self-described feng shui master and "Robin Hood" for the masses, has claimed Mongolia should get a better deal with Rio Tinto and its copper and gold mine, Oyu Tolgoi.

Around two-thirds of nearly 2 million registered voters cast ballots, the election commission said.

Sandwiched between Russia and China, resource-rich Mongolia has been roiled by financial upheaval and the increasing draw of China's economic and political influence that competes with its ties with the democratic West, especially the United States.

Foreign investment in Mongolia has slumped in recent years following weaker commodity prices and high-profile disputes between the government and large investors including Rio Tinto. Mongolia's economy grew just 1 percent last year, down from 17.5 percent in 2011, when it was the world's fastest-growing. It now has $23 billion in debt, more than double the size of its economy. Unemployment is roughly 9 percent, with about one in five Mongolians living in poverty.

The country recently secured a $5.5 billion International Monetary Fund-led bailout to stem its financial crisis, with a $500 million bond repayment due in January 2018. Enkhbold's party pledges to continue the IMF's program, including higher taxes and spending cuts, while Ganbaatar has criticized the IMF.

For 30-year old district government office worker and mother Tserendejid Bayanbaatar, restoring the economy and creating jobs for young people were top concerns in the election.

"I want the future president to support young people and young families, support their work environment and create conditions for stable incomes," Bayanbaatar said.

Avirmed Dangaa, an accountant and former municipal official, said creating stability was important.

"Trust of foreign investors is restored if the government is stable," said Dangaa, who favored Enkhbold.

Battulga has a large following among urban entrepreneurs and youth.

"I don't like corruption and favoritism, which is prevalent everywhere in all levels of Mongolian government. I voted against these corrupt officials," said Enkhmaa, a 28-year-old entrepreneur who gave only her first name.

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