Within the framework of the Government’s policies on improving livelihoods and restoring the economy through creation of jobs, multiple job creating projects and programs have been implemented. As a result, the unemployed rate has reduced down to 9.1 percent with 115 thousand unemployed people in the first quarter of 2017. 

Specifically, in order to promote light industry through agriculture, USD 420 thousand worth of low-interest rate loans were granted to 10 major national manufacturers, such as “Gobi” JSC, “Denimon” textiles, “Khan-Brand” milk factory, “Mongolian Cattle” meat factory and “Zurgaan Khoshuu” pig farm.

These national brands are expected to create more than 1800 jobs and 40 percent of them will be for women. Presently, three Mongolian companies are aiming to establish co-branding agreement with world-renowned brands by the fourth quarter of 2020.

Singh was to visit Mongolia next month.

"The home minster's visit has been postponed," a ministry spokesperson said.

Singh had suffered the fracture during a morning walk at his residence on June 18.

The visit was aimed at cementing bilateral ties between the two countries.

Prime Minister Narendra Modi had in 2015 visited Mongolia. A Mongolian delegation, led by Deputy Prime Minister Khurelsukh Ukhna, had met the Union home minister in November last year.

Diplomatic relations between India and Mongolia were established on December 24, 1955. India was the first country outside then Socialist Bloc to establish diplomatic ties with Mongolia.

India had supported Mongolia in getting united nations and Non-Aligned Movement (NAM) berths.

Both the countries share the concern on terrorism.

“Nord Stream 2 has a good rate of return and low risks for creditors. Chinese banks may be interested," explains Aleksey Grivach, deputy CEO at Russia's National Energy Security Fund.

The extension will double the existing pipeline which delivers natural gas to Germany under the Baltic Sea and is estimated to cost €9.5 billion.

Initially, Engie, OMV, Royal Dutch Shell, Uniper, and Wintershall were to get a 50 percent stake minus one share in Nord Stream 2. However, red tape at the European Commission made Gazprom and its partners come up with another financing option. Under this plan, European companies will each provide an equal long-term loan to Gazprom, which will fully own the pipeline.

Financing of Nord Stream 2 may be affected by new US sanctions which target firms investing in Russian gas and oil projects. According to the new bill passed by the US Senate, and currently, before the House of Representatives, companies will be forbidden from making investments of over $1 million in the Russian energy sector.

On Wednesday, Russian President Vladimir Putin met the CEO of Royal Dutch Shell, Ben van Beurden. Among other things, they discussed Nord Stream 2. Van Beurden told Interfax the new project "will be realized for the benefit of all parties - both Europeans and the Russian Federation."

The project is significant for the improvement of electricity and heat supply and reliability for the domestic needs, which are increasing year by year, for providing technical conditions to support new electricity source of Oyu Tolgoi and Tavan Tolgoi mines and further export electricity to China.

TBEA Group Co., Ltd., through its subsidiaries, manufactures and sells transformers and wire and cable products. It also offers heavy engineering construction services, including construction of Tajikistan's north-south 500 kV transmission lines and 220 kV substation. In addition, it engages in goods and technology import and export business; economic information consulting services; investment metal materials, machinery equipment and accessories, sales of building materials; owned business transformer accessories; metal castings, rubber products, plastic products, electronic products, hardware, chemical products production and sales; electroplating process; and renewable materials recycling.

Six meetings will be organized in the course of implementation of the 25-month project, with attendance of counterparts from China, Russia, Japan and South Korea.

These meetings are of great significance in increasing the share of clean energy in the regional power grid, improving efficiency and the understanding between the counterparts. A general image of the regional power grid with enormous contribution by the rich renewable energy sources of Mongolia is expected to become visible with the mobilization of this project.

In a hearing at the Senate finance committee, Lighthizer referred to Japan as an important target for bilateral trade talks. Japan's trade surplus with the US stood at $68.9 billion dollars last year.

At a Senate confirmation hearing in March, he said Japan would be a "primary target" for more open access for US farm products.

The Trump administration is applying pressure on trade partners for greater market access, while at the same time making noise about protectionist policies.

The US says cheap imports of steel and other products are posing a threat to US security, including the defense industry.

The state-run company, responsible for about 82% of India's total coal output, said the closures would save around 8 billion rupees ($124 million), The Telegraph India reported.

The country has also announced it will not build any more coal plants after 2022 and predicts renewables to account for more than half its power by 2027.

Only last month, New Delhi cancelled plans to build nearly 14 gigawatts of coal-fired power stations, which according to Tim Buckley, analyst at the Institute for Energy Economics and Financial Analysis, will have “profound” ramifications for global energy markets.

“India’s solar tariffs have literally been free falling in recent months,” he wrote.

At the same time that solar becomes cheaper, the cost of coal power is rising in India as local mines face mounting costs and tougher environmental regulations, a report by Bloomberg New Energy Finance said earlier this month. Falling demand is also an issue.

India’s solar-generation capacity is expected to touch 8.8 gigawatts (GW) this year to become the third-largest solar market in the world, according to renewable energy consultancy Bridge To India (BTI). At the end of 2016 India had just 7.5 gigawatts.

The nation has set itself some of the world’s most ambitious targets for installing new solar power capacity, with prime minister Narendra Modi aiming for 100 gigawatts of solar power by 2022.

The pace of new solar installations has picked up in recent months as equipment prices have plummeted.

As a result, consulting firm Ernst & Young recently said India has become the world’s second best market for investing in renewable energy, after China.

The sides agreed to adhere to the Vienna Convention on Diplomatic Relations, Charter of the UN and international legal principles and norms under a mutual aspiration to develop and strengthen friendly relations and cooperation. They also expressed their concurrence with Mongolia and Belize will enjoy more opportunities to mutually support and cooperate with each other in the scope of the bilateral ties and international organizations after establishing diplomatic relations.