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    

Events

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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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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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Rio brushes off Glencore latest offer for coal mines, sticks with Yancoal www.mining.com

Rio Tinto (ASX, LON:RIO) has dismissed Glencore’s (LON:GLEN) sweetened bid for the coal assets on the block in Australia's Hunter Valley and said it is sticking with an offer from Yancoal Australia (ASX:YAL), a subsidiary of China’s Yanzhou Coal Mining.

On Friday, the Swiss miner and commodities submitted a second and improved all-cash offer of $2.68 billion only a few days after its previous bid was rebuffed.

Yancoal has been Rio Tinto’s preferred bidder since its offer was first announced in January.
Glencore was not only promising to pay all of the cash upfront instead of a portion in annual instalments, but has said it would hand Rio $225 million if the deal were to be blocked by regulators in China, Korea, Taiwan or Australia.

As an added bonus, it offered to let Rio keep the cash flows from the business until the deal completes.

But Rio Tinto confirmed Monday that it would opt for Yancoal, which has come back with a revised bid of $2.69bn, which includes at least $2.45bn in cash on completion.

Yancoal, which has been Rio’s preferred bidder since its offer was first announced in January, has also agreed to raise its break fee from $100m to $225m, which will be payable should the deal fail.

Rio also noted Yancoal’s bid includes financial assistance of $2.1bn from China-owned parent Yankuang Group.

The company’s shareholders will vote on the proposals at general meetings in London on Tuesday and Sydney on Thursday.

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Mongolia Awaits Presidential Election Outcome After Bruising Campaign www.bloomberg.com

Mongolia is awaiting the results of a contentious presidential election in which mudslinging and corruption claims overshadowed debate about the nation’s troubled economy. 

The race pits Parliament Speaker Enkhbold Miyegombo, 52, the head of Mongolia’s ruling party, against populist-tinged challenger Battulga Khaltmaa, 54, who promised greater controls on the nation’s vast mineral resources. A third candidate, former lawmaker Ganbaatar Sainkhuu, 46, pledged to “take back the natural resources for each citizen.’’

Polls in the nation of 3.1 million people were scheduled to close at 10 p.m. Monday, with results expected by midnight. If no candidate secures more than half the vote, the top two contenders will head to a run-off. 

Enkhbold’s Mongolian People’s Party has been trying to open more mines and recover from a commodity downturn that battered government finances and the economy. The presidency -- now held by Battulga’s Democratic Party -- could provide a platform to contest policies that underpin a $5.5 billion International Monetary Fund-led bailout package announced in February, which is expected to stay in place no matter who wins.

While Mongolia’s Parliament controls the government, the president serves as commander-in-chief of the military. The president can veto legislation and is also responsible for nominating candidates for prime minister and appointing the intelligence and anti-corruption chiefs. The incumbent, Elbegdorj Tsakhia, is barred from seeking a third term.

Stability, Check

Enkhbold, a career politician who dabbles in horse breeding, has promised stability, arguing that government policies stand a better chance under an MPP presidency. Battulga, a businessman and former agriculture-and-industry minister, said he would provide a check on the ruling party’s power.

While Enkhbold entered the race as the favorite after a landslide victory in last year’s legislative elections, no reliable polling was available ahead of the vote. None of the candidates have been spared from scandal during a three-week campaign marked by corruption allegations.

“I am hoping for a run-off,’’ said Munkhbayasgalan Delgerbat, a marketing-management student at the University of Finance and Economics, who cast a blank ballot. “The candidates were not competing against one another about what they will do for the country. They were just raising black PR.”

Dale Choi, founder of Altan Bumba Financial Group, said Battulga’s outsider credentials could overcome Enkhbold’s advantages of funding and political organization if the MPP failed to secure a victory in the first round.

“Generally anti-establishment young voters who don’t care to vote will be forced to vote,” Choi said. “Typically, young voters are not happy -- frustrated with the system, which does not give many opportunities for them -- and more likely to protest-vote for Battulga, which symbolizes balance and control over establishment.’’

S&P Global Ratings projects that Mongolia’s economy, which grew by an average of more than 10 percent annually before last year’s slowdown, will contract by 0.2 percent this year before stabilizing. The government is counting on mining projects, including the $5.4 billion Oyu Tolgoi site operated by Rio Tinto Group, to bring in new revenue.

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