1 ZANDANSHATAR GOMBOJAV APPOINTED AS PRIME MINISTER OF MONGOLIA WWW.MONTSAME.MN PUBLISHED:2025/06/13      2 WHAT MONGOLIA’S NEW PRIME MINISTER MEANS FOR ITS DEMOCRACY WWW.TIME.COM PUBLISHED:2025/06/13      3 ULAANBAATAR DIALOGUE SHOWS MONGOLIA’S FOREIGN POLICY CONTINUITY AMID POLITICAL UNREST WWW.THEDIPLOMAT.COM PUBLISHED:2025/06/13      4 THE UNITED NATIONS CHILDREN’S FUND (UNICEF) IN MONGOLIA, THE NATIONAL FOUNDATION FOR SUPPORTING THE BILLION TREES MOVEMENT, AND CREDITECH STM NBFI LLC HAVE JOINTLY LAUNCHED THE “ONE CHILD – ONE TREE” INITIATIVE WWW.BILLIONTREE.MN PUBLISHED:2025/06/13      5 NEW MONGOLIAN PM TAKES OFFICE AFTER CORRUPTION PROTESTS WWW.AFP.MN PUBLISHED:2025/06/13      6 GOLD, MINED BY ARTISANAL AND SMALL-SCALE MINERS OF MONGOLIA TO BE SUPPLIED TO INTERNATIONAL JEWELRY COMPANIES WWW.MONTSAME.MN PUBLISHED:2025/06/13      7 AUSTRIA PUBLISHES SYNTHESIZED TEXTS OF TAX TREATIES WITH ICELAND, KAZAKHSTAN AND MONGOLIA AS IMPACTED BY BEPS MLI WWW.ORBITAX.COM  PUBLISHED:2025/06/13      8 THE UNITED STATES AND MONGOLIA OPEN THE CENTER OF EXCELLENCE FOR ENGLISH LANGUAGE TEACHING IN ULAANBAATAR WWW.MN.USEMBASSY.GOV  PUBLISHED:2025/06/12      9 MONGOLIA'S 'DRAGON PRINCE' DINOSAUR WAS FORERUNNER OF T. REX WWW.REUTERS.COM PUBLISHED:2025/06/12      10 MONGOLIA’S PIVOT TO CENTRAL ASIA AND THE CAUCASUS: STRATEGIC REALIGNMENTS AND REGIONAL IMPLICATIONS WWW.CACIANALYST.ORG  PUBLISHED:2025/06/12      БӨӨРӨЛЖҮҮТИЙН ЦАХИЛГААН СТАНЦЫН II БЛОКИЙГ 12 ДУГААР САРД АШИГЛАЛТАД ОРУУЛНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/15     ОРОН СУУЦНЫ ҮНЭ 14.3 ХУВИАР ӨСЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/15     МОНГОЛ УЛСЫН 34 ДЭХ ЕРӨНХИЙ САЙДААР Г.ЗАНДАНШАТАРЫГ ТОМИЛЛОО WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/13     SXCOAL: МОНГОЛЫН НҮҮРСНИЙ ЭКСПОРТ ЗАХ ЗЭЭЛИЙН ХҮНДРЭЛИЙН СҮҮДЭРТ ХУМИГДАЖ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/06/13     МОНГОЛ БАНК: ТЭТГЭВРИЙН ЗЭЭЛД ТАВИХ ӨР ОРЛОГЫН ХАРЬЦААГ 50:50 БОЛГОЛОО WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/13     МОНГОЛ ДАХЬ НҮБ-ЫН ХҮҮХДИЙН САН, ТЭРБУМ МОД ҮНДЭСНИЙ ХӨДӨЛГӨӨНИЙГ ДЭМЖИХ САН, КРЕДИТЕХ СТМ ББСБ ХХК “ХҮҮХЭД БҮРД – НЭГ МОД” САНААЧИЛГЫГ ХАМТРАН ХЭРЭГЖҮҮЛНЭ WWW.BILLIONTREE.MN НИЙТЭЛСЭН:2025/06/13     ЕРӨНХИЙЛӨГЧИЙН ТАМГЫН ГАЗРЫН ДАРГААР А.ҮЙЛСТӨГӨЛДӨР АЖИЛЛАНА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/06/13     34 ДЭХ ЕРӨНХИЙ САЙД Г.ЗАНДАНШАТАР ХЭРХЭН АЖИЛЛАНА ГЭЖ АМЛАВ? WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/13     “АНГЛИ ХЭЛНИЙ МЭРГЭШЛИЙН ТӨВ”-ИЙГ МУИС-Д НЭЭЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/13     Г.ЗАНДАНШАТАР БАЯЛГИЙН САНГИЙН БОДЛОГЫГ ҮРГЭЛЖЛҮҮЛНЭ ГЭЖ АМЛАЛАА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/12    

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

NEWS

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MNT5.3 billion Government securities traded www.montsame.mn

Ulaanbaatar /MONTSAME/ Today, 16 July, the Mongolian stock exchange traded 31.895 units of Government securities with 28 week- term and 11.833 per cent annual interest, at MNT3 billion. Moreover, 25.762 units of Government securities with 52 week term and 11.702 per cent annual interest have been sold at MNT2.3 billion, totaling MNT5.3 billion of Government securities sold.
Most active brokerage companies in today’s trade were Novel investment, Gauli, Mire Asset Securities Mongolia, Sikal and Golomt capital.

B.Ooluun

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Forest fires hit northern Mongolia www.xinhuanet.com

ULAN BATOR, July 16 (Xinhua) -- Mongolia's National Emergency Management Agency (NEMA) announced here on Saturday that 11 forest fires are still raging in northern Mongolia and the government has decided to deploy more resources to extinguish the fires.
All NEMA members along with local volunteers are currently fighting the forest fires on the frontline. But they are also facing a serious shortage of fire extinguishing equipment.
Mongolian President Khaltmaa Battulga discussed with Prime Minister Jargaltulga Erdenebat on Saturday the issue of fighting forest fires in the most affected territory of Selenge and Tuv aimags.
The Mongolian government also held an emergency meeting here on Saturday, and decided to temporarily prohibit all residents and tourists from entering forest areas.
The government has also decided to deploy more emergency equipment to the NEMA and make artificial rainfall depending on local weather situations.
Since early July, more than 20 forest fires have hit northern Mongolia, including areas near the capital city of Ulan Bator, Tuv aimag, Selenge aimag and Bulgan aimag.
Hundreds of young Mongolians have spontaneously gathered through social media to join the fight against the forest fires. NEMA has expressed concern over the voluntary rescue and called on the public to stay away from the core areas of the forest fires in case of accidents.

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US may press China on steel as trade deadline passes www.asia.nikkei.com

BEIJING/WASHINGTON -- The U.S. and China appear headed toward a heated confrontation over steel dumping and other trade issues as they cross a 100-day deadline set for Sunday.

Chinese President Xi Jinping and his U.S. counterpart Donald Trump first agreed in early April to create an action plan by mid-July that would address trade imbalances. Both sides are set to hold their first Comprehensive Economic Dialogue this Wednesday.

The two got the ball rolling in May when China formally agreed to allow imports of U.S. beef, previously banned due to concerns about mad cow disease. In return, Washington pledged to cooperate with Beijing's Belt and Road infrastructure-building initiative.

"The agreements changed the view that the U.S. and China are starting a trade war," said a senior official in China's Commerce Ministry.

Back then, the two nations were on relatively friendly terms since the White House planned to soften its economic stance on China if Beijing would cooperate in resolving the North Korean problem.

Then Pyongyang engaged in a series of missile tests that culminated with an intercontinental ballistic missile that experts fear can reach the continental U.S. Despite that development, Beijing still favors dialogue with Kim Jong Un's regime above harsher sanctions, such as cutting off Chinese petroleum exports.

Trump's patience is seemingly wearing thin. "We've asked [Xi] for some assistance with respect to North Korea," the president said during his visit to France Thursday. "Probably, he could do a little bit more."

With the brief honeymoon over, Washington is readying a much tougher stance, according to a source close to U.S.-China diplomatic channels. And Chinese steel dumping will be brought front and center.

Back in May, both sides agreed to make an effort on the issue, electing to hammer out a concrete plan of action at a later date. China exported nearly 1.2 million tons of steel to America last year. That sum is a third of the peak, but Washington suspects China of pumping in more steel through third-party nations.

Trump is looking at raising tariffs and imposing volume sales caps, which would likely be met with a furious pushback from Beijing during negotiations.

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Make Mongolia Clean Again www.ipetitions.com

We, the past, current and future tourists of Mongolia, demand that all Mongolian citizens and Mongolian government take responsibility to make their beautiful country clean again.

Mongolia has been taking much pride in its pristine untouched land, water, fresh air and sunny days with Eternal Blue sky. However, when we dream about visiting you all our lives and spend thousands of dollars and finally arrive, we are greeted with littered grassland, streets and polluted rivers and mountains, full of vodka bottles, cigarette butts, soiled diapers, plastic bottles and aluminum cans. This IS NOT THE MONGOLIA we imagined and hoped for!

LITTERING IN MONGOLIA HAS TO STOP! We love your country, honor your heritage and often come to you to escape from hectic modern cities and to ponder the meaning of life and find ourselves in your beautiful mountains and vast steppes. We come to reconnect with Mother Nature and find peace and adventure. We WANT CLEAN MONGOLIA BACK and want to BRAG TO THE WHOLE WORLD that visiting Mongolia is once in a lifetime opportunity for everyone! We want to brag that MONGOLIA IS AN EXEMPLARY NATION that cherishes their vast land that they inherited from the Chinggis Khaan, which he loved dearly.

Until each and every one of you takes REAL action toward returning Mongolia’s pristine, unlittered beauty, your words about “beautiful” Mongolia is are empty! ACT NOW before it's too late! We know you can do it! You are the children of legendary men and women who have honored the Mother Earth through centuries!

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PM gives orders concerning wildfires: temporary travel ban in forest areas www.montsame.mn

Ulaanbaatar /MONTSAME/ On July 15, Prime Minister J.Erdenebat held a hearing on situation of ongoing fires and gave an ordinance to relevant authorities. According to the National Emergency Management Agency (NEMA), there are 21 fires burning in the country, five of which are inaccessible to human beings. More than 700 servants and 30 vehicles are operating on the scenes of 16 wildfires, including in Yeroo, Mandal, Khuder soums of Selenge aimag and Selenge and Khutag-Undur soums of Bulgan aimag. Batsumber soum of Tuv aimag is currently experiencing the most of fires or five in total. The most areas of the country are being affected by excessive heat and dryness and over 70-80 percent of all fires were caused by human factors and negligence.

After the hearing, Prime Minister J.Erdenebat instructed relevant Ministers and authorities to take the following measures:
1. To temporarily prohibit travel and picnics in green zones, most importantly to strengthen the enforcement of this decision and to increase the number of patrols.
2. First of all, to stop the fire spread immediately with effective management of personnel and equipment and to inform the Prime Minister on the situation and get necessary assistance.
3. To mobilize the armed forces and their powerful machines and equipment, if the NEMA wants support, assessing the situation and to provide preparedness and readiness for it.
4. To use cloud seeding in the areas where fires are burning, in possible meteorological conditions.
5. To define the cause of the fires and to impose liability on the persons who is responsible for the fires.

The PM officially expressed his gratitude for the initiative of people who volunteered to join to extinguish the wildfires. “- But it is a very responsible task for specially trained people to be done in special clothing and with particular equipment. Therefore, volunteering for fire extinguishing takes a risk to human life, and it can also cause burdens to the professionals working there. Presently, the NEMAs considers it possible to stop the spread of the fires and extinguish by their own capacity and force, as well as the National Weather and Research Institute informed that cloud seeding in the fire burning areas is possible as rain clouds are expected to accumulate in the fire burning regions on July 17-19” said the PM appealing people to be calm and understanding. The NEMA was obliged to bring donations from the public to the fire sites.
B.Ooluun

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Mongolia's New President Is a Huge Putin Fan www.russia-insider.com

Eurasia doesn't lack for pro-Russian politicians but Mongolia's new president takes it to another level. He was so eager to present himself as the pro-Russian candidate that his campaign released photographs of him and Vladimir Putin—even though the two have actually never met:

During his election campaign, Battulga made concerted efforts to associate himself not only with Russia, but personally with Russian President Vladimir Putin. The case was made with campaign materials depicting Battulga and Putin together, despite no known history of any connection between the two.

More curiously, a Mongolian Democratic Party newsletter published photos of Putin and Battulga shaking hands at center stage during a formal event in the Kremlin. Experts and independent observers have questioned the authenticity of the photos, with the photographer who worked the event for the Russian news agency RIA Novosti claiming he had no record of such a meeting taking place. Just days before the election, it was reported that representatives from United Russia, Russia’s ruling party, met with Battulga.
The new president's platform was a populist one playing up suspicions of China and promising more Russia ties for security and balance—which plays well in the country:

Battulga has matched his pro-Russian platform with hostility toward China, repeatedly referring to “threats” emanating from the east. In 2014 he openly questioned Mongolia’s economic dependence on the country: “The resources will finish in 40 to 50 years and there will definitely be conflict between the Mongolians and the Chinese.”

Despite China’s critical importance to Mongolia’s economy, Russian influence is, for historical reasons, more welcomed. Historical memory of Mongolia’s time as a Chinese province from 1691 to 1911 runs deep. In 2004, in a widely-cited national poll, Mongolians were asked to choose two countries they considered the best potential partners for Mongolia. Russia came in first place, receiving twice as many votes as the second place United States. China came in a distant fourth, following Japan.
Moscow will welcome the rise of such a pro-Russian politician, but won't be interested in getting into any anti-Chinese squabbles.

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Tibetan student self-immolates in India www.aljazeera.com

A Tibetan student has self-immolated in India after shouting "freedom", police said on Saturday, injuring himself critically.

Tenzin Choeying set himself on fire on Friday at the Central University for Tibetan Studies in Varanasi in Uttar Pradesh state.

Self-immolation has regularly been used as a protest against China's actions in Tibet. But Indian police said they are also investigating the 20-year-old's recent exam failures as being a possible cause for his actions.

The International Campaign for Tibet identified the student as Tenzin Choeying. It quoted Chime Namgyal, head of the Tibetan Youth Congress activist group in Varanasi, as saying Choeying shouted "Victory to Tibet".

Tenzin Tsundue, who visited Choeying at the hospital in Varanasi, told Al Jazeera that the patient is expected to survive.

"He is stable, the next five days are crucial, the doctor says," he wrote in a Whatsapp message to Al Jazeera.

"My concern, as his brother, is to arrange for him the best treatment, and get him back to life."

Tsundue also sent to Al Jazeera a note, which he said Choeying wrote before the incident.

In in Choeying wrote in English, "Please don't cry. Tell everyone that my body is for Tibet."

Police said they were still investigating and will take statements from Choeying and his family. "The boy is recovering at the hospital. He can speak but has around 50 percent burns," Sanjay Tripathi, a Varanasi police spokesman, told AFP news agency.

Religious repression accusations
China says its troops "liberated" Tibet in 1951, but many Tibetans accuse the government of religious repression and eroding their culture.

China rejects the accusations and blames the Dalai Lama, Tibet's spiritual leader who lives in exile in the Indian hill town of Dharamshala, of inciting self-immolations in a bid to split Tibet from the rest of the nation.

A young farmer self-immolated in southwest China in March, the first Tibetan to set themselves on fire in 2017.

The Tibetan government in exile in India said he was the 146th Tibetan to self-immolate since 2009.

Choeying is the not the first Tibetan to set himself on fire in India. A Tibetan exile set himself alight and died two days later in New Delhi in 2012.

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Iron and steel sector profit set to soar www.chinadaily.com

First-half financial performance strong on back of supply-side reform

China's ferrous metal industry is set to post a strong performance in the first half of the year on the back of government measures to cut overcapacity and optimize the industry's structure, experts said.

"With the reduction of excess capacity, there is a tight supply of iron and steel, leading to high prices, especially wires and rebars," said Wang Guoqing, research director at the Lange Steel Information Research Center in Beijing.

The government's thrust on supply-side reforms has produced positives, Wang said.

Around 20 listed firms in the iron and steel sector have forecast their earnings for the January-June period.

HBIS Co Ltd said its first-half profit will likely be between 1.15 billion yuan ($148 million) and 1.27 billion yuan, up 181-210 percent year-on-year.

If its forecast holds, that would be the third highest growth rate in the 20 years since the company listed on the A-share market.

Similarly, Fujian Sansteel Minguang Co Ltd said it expects its first-half profit to rise 200 percent year-on-year to 1.08 billion yuan.

"The main reason (for the good performance) is the government's efforts to eliminate outdated capacity, especially inferior steel," said Li Xinchuang, president of the China Metallurgical Industry Planning and Research Institute.

By June 30, China had shut all companies that produce inferior steel. More than 500 such companies whose combined capacity was 119 million metric tons were shut, according to a statement from the China Iron and Steel Association.

On Thursday, the Lange Steel Composite Steel Price Index reached 144.9, up 7.4 percent from the beginning of the year.

The Long Steel Products Price Index was at 159.8, up almost 19 percent from early January. The Flat Steel Products Price Index, however, was down almost 3 percent at 131.9.

Long steel products include rebars and wires, and flat plate steel products are hot-rolled steel plates, cool-rolled plates and medium plates.

The rebar price is 3, 928 yuan per ton, up by 676 yuan from the beginning of the year.

"Although data show that the total steel output has increased in the January-June period, the demand has shifted from informal products such as inferior steel to qualified steel made by major steel companies. That means, the supply is not adequate to meet the current demand," said Wang.

At the same time, iron ore prices are comparatively low thanks to rising output, oversupply, and high port inventories, Wang said. "Low material prices help keep steel production costs at relatively low levels."

China imported 539 million tons of iron ore in the first half, up 9.3 percent year-on-year, while the country's iron ore production was 508 million tons in the first five months, up 10.4 percent, according to data from the Lange Steel Cloud Platform. Low costs and high prices are expected to boost companies' profits.

Li said rising infrastructure investment, automobile production and machinery manufacturing in the first half of the year will also likely expand steel consumption.

Total profit of major iron and steel companies was 37.9 billion yuan in the first five months of this year, exceeding full-year combined profit of 33.15 billion yuan in 2016, according to the China Iron and Steel Industry Association.

According to the National Bureau of Statistics, the January-May operating income of the ferrous metal smelting and rolling process industry was 3.02 trillion yuan that generated a profit of 105.3 billion yuan, up 93.5 percent year-on-year.

Gan Yong, president of the Chinese Society for Metals, however, said overcapacity reduction should be continued with the same level of determination in spite of the current profits. "Once the companies increase their output production, prices will decline immediately."

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China is trading more with North Korea but buying much less coal www.cnn.com

China has slashed imports of coal from North Korea even as overall trade between the countries continues to rise.
A Chinese government official said Thursday that China-North Korea trade was worth $2.6 billion in the first half of 2017, up about 10% over the same period last year.
But coal imports slumped by 75%, suggesting Beijing is gradually choking off North Korea's biggest source of foreign currency.

China's overall imports from North Korea fell 13% compared to the first half of 2016, said Huang Songping, a spokesman for China's customs department. They had risen by 18% in the quarter ended March.
The decline follows China's decision in February to ban all imports of North Korean coal.
President Trump has repeatedly criticized China over its trade with North Korea, calling on it to exert more pressure on Kim Jong-un's regime. He called out the "nearly 40%" increase in trade in the first three months of the year on Twitter last week.
"So much for China working with us - but we had to give it a try!" he added.

The overall rise in trade has been driven by China's exports to North Korea, which were up by nearly 30% in the first half of the year.
China insists none of its current trade with Pyongyang is in violation of international sanctions. Huang told reporters on Thursday that the rise in trade was mainly due to an increase in textile exports.
"The sanctions imposed by the [United Nations] are not a comprehensive embargo," he said. "Trade related to the people's livelihood in the North Korea, especially those that embody humanitarian principles, should not be affected by sanctions."

The new data reflects China's attempt to pull off a delicate balancing act between the U.S. and North Korea, where it wants to prevent the regime collapsing because it worries about what that would mean for regional stability.
But Beijing is also eager to avoid riling Trump.
"If Trump were to give up on Chinese support in terms of containing North Korea, then there's a risk of increased trade tensions between the U.S. and China, which could negatively impact China's overall export performance," said Julian Evans-Pritchard, China economist at Capital Economics.
"The new figures that the customs bureau have put out today suggest [they] have made an effort, at least on paper," he added.

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Cosco leading China's 'Belt and Road' drive www.asia.nikkei.com

DALIAN, China -- China Cosco Shipping is poised to go on a fresh overseas investment spree to secure ports and logistics hubs as part of China's efforts to create its huge "Belt and Road" economic zone aimed at increasing that country's influence over distribution from Asia to Europe.

The state-owned shipping titan specifically plans to acquire a Spanish port operator for 200 million euros ($228 million) and spend $38 million to secure an inland logistics hub in Khorgos, Kazakhstan.

China Cosco Shipping, which was formally established in February 2016 through the merger of China Ocean Shipping (Group) and China Shipping (Group), is now at the vanguard of the Belt and Road initiative.

Chinese President Xi Jinping has advocated the scheme, as has the Chinese government, which hosted an international conference on it for the first time, in Beijing in May.

Riding the economic zone drive, Cosco has already moved to secure overseas business footholds, acquiring the Piraeus port in Greece and obtaining the rights to use container terminals in the United Arab Emirates and the Netherlands.

Cosco is again accelerating its drive to expand overseas operations as part of its growth strategy while playing the role of trailblazer in the Belt and Road scheme.

Recently in Hong Kong, Cosco Shipping Holdings, a major container transportation company of the Cosco group, announced that it had offered to buy the major shipping company Orient Overseas International, together with Shanghai International Port Group, for HK$49.2 billion ($6.3 billion).

The takeover will create the world's third-largest shipping line by capacity as Beijing pushes to raise China's profile in global shipping.

Cosco Shipping Ports, a Cosco group company, signed an agreement in June to acquire a 51% stake in Spanish port operator Noatum Ports, securing its biggest foothold at a port in the Mediterranean.

Noatum Ports operates terminals at ports such as the Valencia port, and railroad terminals in Madrid and elsewhere.

Chinese shipping giant aggressively investing in ports, logistics hubs

DAISUKE HARASHIMA, Nikkei staff writer
According to Cosco, the Port of Valencia is one of the three biggest container ports in the Mediterranean, and Noatum Ports owns the biggest terminal there.

Cosco in Kazakhstan

Cosco Shipping Holdings and Lianyungang Port Group, a Chinese port operator based in Lianyungang, Jiangsu Province, will buy into KTZE-Khorgos Gateway.

The two Chinese companies will each hold a 24.5% stake in the container transportation company affiliated with the Kazakhstan government.

While the two Chinese companies will together hold a 49% stake, a Kazakhstan government-affiliated company will remain KTZE-Khorgos Gateway's top shareholder.

Khorgos is located about 15km from the border with China. It is an important transportation hub connecting China to Europe by rail.

Chinese and Kazakhstan railroad tracks have different widths. This makes it necessary for rail cargoes transported from China to be transferred to another train at Khorgos.

By investing in KTZE-Khorgos Gateway, the Cosco group intends to utilize Khorgos as a logistics hub for transporting Chinese and foreign cargoes arriving at Lianyungang by sea to Europe.

Shipping industry woes

The global shipping industry is struggling amid weak demand, which is partly due to a slowdown in the Chinese economy. A container vessel supply glut has also triggered price competition among shipping companies, further hitting their bottom lines.

Cosco is also struggling amid weak demand and vessel oversupply.

For example, Cosco Shipping Holdings, a listed Cosco group company, posted a net loss of 9.9 billion yuan ($1.46 billion) in the financial year ended Dec. 31, 2016, compared with a net profit of 470 million yuan in the previous year.

The Cosco group is now under pressure to make further restructuring efforts, including reducing its fleet of vessels. Under such circumstances, large-scale investments could further hurt the group's financial health.

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