1 39 MONGOLIAN STUDENTS TO STUDY IN GERMANY UNDER “PRESIDENT'S SCHOLAR - 2100” PROGRAM WWW.MONTSAME.MN PUBLISHED:2025/07/30      2 MONGOLIAN FLAG CARRIER TO START NON-STOP FLIGHTS BETWEEN SINGAPORE AND ULAANBAATAR FROM NOV 4 WWW.STRAITSTIMES.COM PUBLISHED:2025/07/30      3 WHEN CHINA SNEEZES, MONGOLIA CATCHES A COLD WWW.INTELLINEWS.COM PUBLISHED:2025/07/30      4 MONGOLIA–JAPAN INTERNATIONAL BUSINESS INNOVATION FORUM TO BE HELD ON AUGUST 18 WWW.MONTSAME.MN PUBLISHED:2025/07/30      5 GREENHOUSE PROPAGATION TECHNOLOGY FOR CONIFEROUS TREES UNDER TESTING WWW.MONTSAME.MN PUBLISHED:2025/07/30      6 DIRECT FLIGHTS FROM KOREA TO MONGOLIA'S KHUVSGUL LAUNCHED WWW.AKIPRESS.COM PUBLISHED:2025/07/30      7 8 KILLED, 41 INJURED IN ROAD ACCIDENTS IN MONGOLIA OVER NAADAM FESTIVAL WWW.XINHUANET.COM PUBLISHED:2025/07/30      8 CONSOLIDATING PARLIAMENTARY DEMOCRACY IN MONGOLIA WWW.VERFASSUNGSBLOG.DE  PUBLISHED:2025/07/29      9 MONGOLIA’S NEW CHALLENGE: ILLEGAL DRUGS WWW.THEDIPLOMAT.COM PUBLISHED:2025/07/29      10 PRESIDENT OF MONGOLIA PARTIALLY VETOES PARLIAMENTARY RESOLUTION ON THE IMPLEMENTATION OF “GOLD-3” NATIONAL CAMPAIGN WWW.MONTSAME.MN PUBLISHED:2025/07/29      ГАНГИЙН ЭРСДЛИЙН ҮНЭЛГЭЭГЭЭР ТАВАН АЙМАГ ЭРСДЭЛ ИХТЭЙ ГАРЧЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/07/30     МОНГОЛЫН КОКСЖИХ НҮҮРСНИЙ ҮНЭ ХЯТАДЫН БООМТУУДАД ДАХИН ӨСЛӨӨ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/30     НИЙСЛЭЛД ХЭРЭГЖҮҮЛЖ БУЙ МЕГА ТӨСЛҮҮДЭД ХАМТРАН АЖИЛЛАХААР САНАЛ СОЛИЛЦЛОО WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/30     ОХУ-ЫН ШАТАХУУН ЭКСПОРТЫН ХОРИГ МОНГОЛ УЛСАД ҮЙЛЧЛЭХГҮЙ WWW.NEWS.MN НИЙТЭЛСЭН:2025/07/30     ЕРӨНХИЙ САЙДЫН АХЛАХ ЗӨВЛӨХӨӨРӨӨ Б.ДАВААДАЛАЙГ ТОМИЛЖЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/30     НИЙТИЙН ЭЗЭМШЛИЙН 50 БАЙРШИЛД ТӨЛБӨРТЭЙ ЗОГСООЛ БАЙГУУЛЖ, ТОХИЖИЛТ ХИЙГДЭЖ БАЙНА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/07/30     “MONGOLZ” БАГ УКРАИНЫ “NATUS VINCERE” БАГТАЙ БААСАН ГАРАГТ ТОГЛОНО WWW.EAGLE.MN НИЙТЭЛСЭН:2025/07/30     МӨРӨН НИСЭХ БУУДАЛ АНХ УДАА ОЛОН УЛСЫН НИСЛЭГ ХҮЛЭЭН АВЛАА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/07/29     ХОТЫН ДАРГА Х.НЯМБААТАР БЭЭЖИН ХОТЫН ДАРГА ИН ЮНТАЙ УУЛЗАВ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/29     ЧИНГИС ХААН БАНКНЫ ӨР ТӨЛБӨРТ ХӨРӨНГӨ АВАХААР БОЛЛОО WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/29    

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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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Kazakhstan, Mongolia Deepen Strategic Ties During High-Level Visit to Ulaanbaatar www.astanatimes.com

Kazakh Deputy Prime Minister and Foreign Minister Murat Nurtleu met with Mongolian Foreign Minister Batmunkh Battsetseg during his official visit to Ulaanbaatar on June 26, reported the Kazakh Foreign Ministry’s press service.
The two counterparts noted the high level of strategic partnership between the countries, emphasizing the steady development of high-level political dialogue and intergovernmental and interparliamentary cooperation.
Nurtleu’s visit focused on the implementation of agreements reached during President Kassym-Jomart Tokayev’s state visit to Mongolia in October 2024.
The ministers outlined concrete steps to achieve the $500 million bilateral trade target set by the two presidents, signaling a stronger commitment to economic cooperation.
As part of a pilot project, Kazakhstan expressed interest in purchasing 500,000 goats from Mongolia. The move is aimed at advancing export-oriented cooperation, particularly in the deep processing of meat and other livestock products. Foreign Minister Nurtleu invited Mongolian businesses to explore partnerships in the sector.
The ministers also discussed key regional and global issues, reaffirming their commitment to further cooperation within the UN, the Conference on Interaction and Confidence Building Measures in Asia (CICA), and the Shanghai Cooperation Organisation (SCO).
Kazakhstan thanked Mongolia for its support and co-sponsorship of the UN Security Council resolution to establish the UN Regional Center for the Sustainable Development Goals for Central Asia and Afghanistan in Almaty.
During the visit, Nurtleu also met with members of the State Great Khural and prominent Kazakh figures in Mongolia. On behalf of President Tokayev, 5,000 literary works by Kazakh authors, poets, and scholars were presented to the local Kazakh community, symbolizing cultural and humanitarian ties and support for the Kazakh people abroad.

 

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Mongolia seeks new markets in Eurasia www.eastasiaforum.org

Landlocked Mongolia has decided to pivot its trade towards Eurasia. In March 2025, the Eurasian Economic Union (EAEU) and Mongolia agreed on a draft proposal regarding a three-year trade agreement, according to the EAEU Trade Minister Andrey Slepnew.
The EAEU was formed in 2015, consisting of five former Soviet states — Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. Mongolia started the last rounds of talks on an interim free trade agreement with EAEU in 2024. Supporters of the agreement highlight its benefits to the Mongolian economy as it opens a US$14.5 billion market across the five EAEU countries for Mongolian cashmere, leather and wool exports. Some preliminary research suggests that Mongolia could add US$150 million worth of goods to the EAEU market, meanwhile EAEU countries could potentially increase their exports by US$200–300 million in the Mongolian market.
The trade agreement is the latest example of Mongolian efforts to reach regional markets beyond its biggest trading partner, China. While Mongolia’s trade turnover — exports plus imports — with China accounted for 72 per cent of total trade in 2023, the country has had limited trade with EAEU countries. That is, except for Russia, on which Mongolia depends for 85–90 per cent of its petroleum products, accounting for 32–34 per cent of total imports into Mongolia.
Increasing exports and expanding regional cooperation are thus part of Mongolia’s long-term development plan, Vision-2050, which was announced in 2020.
The agreement is also a step towards diversifying Mongolia’s economy beyond mining. The Mongolian Ministry of Economy and Development announced that the three-year trade agreement is expected to cover 375 goods from Mongolia to the EAEU and vice versa. Mongolia will export meat, meat-related products, animal leather, wool, cashmere and milk-based products to the EAEU market. EAEU countries are planning to export fruits, cosmetics, chemical products and manufacturing components. It is not clear yet whether there will be non-tariff barriers from participating economies, including Mongolia.
Mongolia has been a net exporter, running a trade surplus, since 2014. For Mongolia, 92.1 per cent of exports, 31.6 per cent of state revenue and 28.7 per cent of GDP came from its mining industry in 2023. The heavy dependence on mining makes the Mongolian economy vulnerable to market shocks, as exemplified in the 2015–16 debt crisis that was fuelled by a decline in key commodity prices in the mining sector.
Any move to strengthen non-mining industries and expand its trading networks beyond China are positive developments for Mongolia. The question is whether Mongolian non-mining products will be competitive in the EAEU’s market.
The majority of the 375 products named in the document are from agriculture. Despite employing the largest share — 18.4 per cent — of the workforce in the country, Mongolia’s agriculture sector accounted for only 7.5 per cent of national GDP in 2024. The export share of the industry is even lower. Non-mining products such as textiles, animal-origin products, vegetable-origin products and food products accounted for no more than 5.1 per cent of total exports in 2024.
Some studies argue that the core problem of the industry is the persistence of low-value products, but they also acknowledge that agriculture is key to economic diversification. Opening a larger market for Mongolian agricultural goods would strengthen the industry and potentially have a spillover effect of producing value-added goods.
Meanwhile, critics including the National Chamber of Commerce and Industry argue that the agreement lacks sufficient research and hurts domestic producers. For instance, an article by Bloomberg cited the Mongolian National University Business School’s research on the interim agreement with EAEU, which suggested a 6.1 per cent decline in GDP. Yet as the Business School Dean emphasised, this research was based on an initial proposed agreement between the two sides before the revisions announced later. There is still insufficient research on how the interim agreement potentially impacts small- and medium-sized businesses.
In terms of the country’s greater economic landscape, Mongolia has plans to transition towards value-added manufactured goods and could make manufacturing its industrial base. The coalition government planned to build various mineral processing projects in 2024, including a coke-chemical complex and a copper-processing complex. But these projects are likely to require significant investment and time to compete in the global market. The political paralysis caused by the June 2025 downfall of the coalition government may impede the country’s efforts to execute these long-term projects. Moreover, Mongolia’s relatively small population and landlocked location further present a challenge to advancing from primary goods production to manufacturing.
Still, the Mongolian government’s move to increase its trade volume with EAEU countries could be part of a greater discussion on regional cooperation beyond the 375 goods. Critics may argue that Russia disproportionately benefits from the agreement, or claim that the EAEU is Moscow’s ‘soft’ power tool. But the interim deal with its clear list of 375 items can help Mongolia expand its trading partners and make its agricultural industry competitive in the region. Plus, the Mongolian government has room to engage in non-tariff barriers through various policy measures to protect certain small- and medium-sized businesses.
Any move to strengthen non-mining sectors is beneficial for the country’s goal to diversify its economy. The government should continue its efforts to move beyond primary goods production, especially in the mining sector, by engaging in a greater number of trading partners in various sectors.
BY: Telmen Altanshagai is Policy Research Fellow at the Global Policy Institute.

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Mongolia keen on promoting mutually beneficial cooperation with EAEU www.eng.belta.by

Mongolia is keen on promoting mutually beneficial cooperation with the EAEU, Mongolia’s First Deputy Prime Minister Nyam-Osor Uchral said at a meeting of the Supreme Eurasian Economic Council in Minsk on 27 June, BelTA learned reports.
Nyam-Osor Uchral stressed that Mongolia always attaches great importance to strengthening ties with the Eurasian region. According to him, the EAEU is an important partner for his country, with which it has close trade, economic and cultural ties. 
“We have every opportunity to expand cooperation not only in trade and transport, but also in such areas as politics, green development, digital transformation, science and education,” he said.
At the same time, he noted that Mongolia’s trade with the EAEU is modest and accounts for only 11% of the country’s total foreign trade.
During the summit, the Eurasian Economic Union and Mongolia signed an interim trade agreement. Nyam-Osor Uchral believes that once this agreement is launched, trade between the countries and enterprises will grow.
“Mongolia is eager to promote mutually beneficial cooperation with the member states of the Eurasian Economic Union to ensure reliable supplies of food, energy, raw materials and create new production chains,” he said.

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Prime Minister of Mongolia Receives Rio Tinto Copper Chief Executive www.montsame.mn

Prime Minister of Mongolia Zandanshatar Gombojav has received Rio Tinto Copper Chief Executive Katie Jackson.
At the beginning of the meeting, Prime Minister Zandanshatar expressed his position on the implementation of the Parliamentary Resolution No. 103 “On Increasing Mongolia’s Benefits from the Oyu Tolgoi Deposit,” adopted by the State Great Khural in 2021. The Prime Minister emphasized the need to consider the issues related to the Oyu Tolgoi project in a holistic manner to ensure so that Mongolia benefits from the project. Specifically, Prime Minister Zandanshatar emphasized that the parties should work together to resolve issues including transparency of operations, procurement, taxation, and environment, especially water use, as a package, and expressed his proposal to establish a working group consisting of specialists on these issues.
Rio Tinto Copper Chief Executive Katie Jackson expressed that she is open to be at the negotiating table and working together on the issues that are awaiting resolution.
The meeting was attended by CEO of Erdenes Mongol LLC Narantsogt Sanjaa, CEO of Rio Tinto Mongolia LLC Amarjargal Khenchbish, and Director of Growth and Development of the company Monkhsukh Sukhbaatar, reported the Media and Public Relations Department of the Government.

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Construction of Selbe City to Cost MNT 25 Trillion www.montsame.mn

Tenders for Packages 3 and 4 of the “Selbe City Housing Project” will be re-announced as divided into five separate lots.
In connection with this, First Deputy of the Governor of the Capital City Davaadalai Tumendalai, Chief Executive Director of the “Selbe 20-Minute City Corporation” U. Baatar, and construction representatives gave statements.
First Deputy of the Governor of the Capital City Davaadalai Tumendalai stated, “The Selbe City project is of the highest priority among the 24 mega projects implemented by the Governor’s Office of the Capital City. Selbe City will become the first ’20-minute city’ that contributes to reducing air pollution and creates a comfortable living environment for citizens. Ulaanbaatar experienced major urban development between 1965 and 1985. The first urban development of similar scale since then is commencing with the Selbe City project, covering 158 hectares of land. In other words, it is as large as the areas of the 3rd and 4th, and the Micro districts combined. In addition to apartments, the Selbe City will incorporate electricity and thermal systems, clean and wastewater infrastructures, green facilities, schools, kindergartens, and essential service centers. The entire project has been divided into 45 separate work packages. While the first 11 work packages will encompass engineering infrastructure, and the next six will cover social infrastructure, packages No. 20 to 45 will focus on commercial and service centers through private-public partnerships.  Funding of USD 500 million was raised through international bonds. The construction will be launched using direct investments totaling MNT 2.3 trillion through private-public partnerships. According to preliminary estimations, the private sector plans to invest approximately MNT 20 trillion. In total, the development project will cost MNT 25 trillion.”
As per request from the Mongolian associations in the construction sector, the “Selbe City” project team held two online meetings with investors and obtained permission to divide tenders for Packages 3 and 4 into five separate packages. Within the first Work Package, 11 blocks will be constructed, while in Packages 2 to 5, 48 blocks of nine-story residential buildings, with a capacity of 71 households each, will be built. A total of 198 entities have submitted proposals and requests for the 26 Packages of the Selbe City project. The project is still receiving proposals and requests from private entities.

 

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Cooperation with ADB in Shifting Ger Districts to Solar Energy Discussed www.montsame.mn

Chairman of the Citizens' Representatives Khural of the Capital City Bayar Amarbayasgalan and Deputy Governor in charge of Social Policy, Green Development, and Air and Environmental Pollution Amartuvshin Amgalanbayar met with Director of Energy Product Development at the Asian Development Bank Cindy Cisneros-Tiangco and other officials.
The sides exchanged views on initial investment and infrastructure development required for introducing solar energy in Ulaanbaatar’s ger areas.
This year, the capital city plans to insulate 51,000 households and convert to gas or electric heating. Households that fully shifted to gas or electric heating will be eligible for utility subsidies. The city also plans to expand policies promoting solar panels, renewable and hydrogen energy, and residential development.
Deputy Governor Amartuvshin noted that the capital aims to connect 1,000 households to solar energy by 2028, with 47 households connected last year and 200 more to follow in the Chingeltei District this year.
The Asian Development Bank representatives emphasized that it is effective to develop and introduce renewable energy technologies that suit the winter climate of Mongolia and implement technical assistance projects. They also expressed their view that as solar and wind power production costs less and relies on domestic resources, it will greatly contribute to Mongolia’s energy security and independence.
The parties agreed to sign a project agreement on transitioning ger districts from coal to solar energy during their next meeting.

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Agreement Reached to Export 2,000 Tons of Horse Meat and Halal-Processed Mutton www.montsame.mn

 The Republic of Uzbekistan has agreed to purchase an initial shipment of 2,000 tons of horse meat and halal-processed mutton from Mongolia.
Minister of Food, Agriculture, and Light Industry of Mongolia Enkhbayar Jadamba welcomed the non-resident Ambassador Extraordinary and Plenipotentiary of the Republic of Uzbekistan to Mongolia, Farhod Arziev, as well as Deputy Minister of Investment, Industry, and Trade of the Republic of Uzbekistan, Ilzat Kasymov, and other representatives. At the meeting, Mr. Enkhbayar Jadamba noted that Mongolia is open to cooperation in the production of halal meat.
The parties discussed collaboration in the fields of agriculture, animal husbandry, veterinary services, and plant quarantine within the framework of the Comprehensive Partnership between Mongolia and the Republic of Uzbekistan established through recent reciprocal Presidential State Visits.
Minister Enkhbayar Jadamba underlined the wide potential for short-term cooperation between Mongolia and the Republic of Uzbekistan, emphasizing trade and economic relations as the foundation of active bilateral ties. The Minister expressed that the Mongolian agricultural and light industries will fully support mutually beneficial cooperation that protects the interests of both sides to increase trade turnover to USD 100 million.
The two sides agreed to a unified quarantine and tariff policy and to take all necessary measures to ensure smooth bilateral trade, as well as to finalize necessary agreements and lists of goods soon.
Furthermore, the Republic of Uzbekistan confirmed plans to purchase 100,000 live sheep and goats from Mongolia, while Mongolia expressed its intention to decide on the possibilities of providing export fee relief. The Republic of Uzbekistan has resolved transportation issues, and as of 2024, Mongolia has exported 7,000 live sheep to the country.
To further expand cooperation, the Republic of Uzbekistan expressed interest in importing leather, wool, and cashmere from Mongolia and agreed to share experiences in the fruit, vegetable, and light industry sectors, reported the Ministry of Food, Agriculture, and Light Industry of Mongolia.

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Mongolia’s Petro Matad begins oil production at Heron-1 well www.investing.com

Petro Matad Limited, an AIM-quoted Mongolian oil company, has commenced oil production from its Heron-1 discovery well in October 2024, marking a significant milestone for the company as it becomes only the third oil producer in Mongolia.
The well has produced over 45,000 barrels to date, initially on natural flow and now using artificial lift, according to the company’s final results statement for the year ended December 31, 2024. Petro Matad recently signed an oil sales agreement with neighboring operator PetroChina and received its first payment in June 2025, though 30% of revenue is being withheld pending resolution of concerns raised by PetroChina.
The company’s 2024 drilling campaign delivered mixed results. The Heron-2 well, spudded in September 2024, showed lower productive potential than Heron-1 and was suspended pending further analysis. The Gobi Bear-1 exploration well also yielded ambiguous results requiring additional study.
In January 2025, Petro Matad was awarded Block VII in Mongolia’s Exploration Licensing round, expanding its portfolio beyond its existing Block XX Production Sharing Contract.
Financially, the company reported a net loss after tax of $10.92 million for 2024, compared to a $5.9 million loss in 2023. Petro Matad raised $9.4 million through an oversubscribed equity offering to fund its 2024 work program and ended the year with a cash position of $3.65 million.
The company’s renewable energy joint venture, Sunsteppe Renewable Energy, has expanded its portfolio to include four projects ranging from 24MW to 1,500MW capacity.
"After many years, 2024 finally saw Petro Matad start oil production," said CEO Mike Buck in the press release statement.

 

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Gender Gap Ranking of Mongolia Advances 20 Places www.montsame.mn

The implementation and outcomes of actions aimed at ensuring gender equality were presented at the Cabinet session on June 25, 2025.
According to the Global Gender Gap Index, published annually by the World Economic Forum, Mongolia ranked 65th out of 148 countries in 2025, with advancement of 20 places from its 85th position among 145 countries in 2024. Among the sub-indices, education and health indicators remained stable and showed continued progress, while women’s political participation improved significantly, rising from 120th to 99th place. Female labor force participation also advanced, moving from 43rd to 20th place, leading to an overall rating of “improved progress.”
In accordance with the Law on Ensuring Gender Equality, the Government is required to submit a report on the implementation and outcomes of gender equality policies to the State Great Khural. The report will be submitted to the State Great Khural for the third time since 2021.

 

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Huge pit of slaughtered animals found in Mongolia. Scientists know what happened www.discoverwildlife.com

The bones of sheep, goats, horses, dogs, gazelles and catfish uncover a forgotten story of survival on the Liao Empire’s remote northern frontier, say archaeologists.
In a recent excavation in the remote steppe of northeastern Mongolia, archaeologists uncovered an enormous deposit of animal bones at a former garrison site – known as Site 23 – on the forgotten frontiers of the medieval Liao Empire.
Dating to around 1050, the bones paint a vivid picture of how people – likely soldiers, their families and support staff – survived in this challenging landscape almost 1,000 years ago.
Findings from the research, led by Tikvah Steiner at the Hebrew University of Jerusalem, have been published in the journal Archaeological Research in Asia.
The study focuses on a long-overlooked part of the Liao Empire, which ruled parts of northern China and Mongolia between 916 and 1125.
While the empire is remembered in grand historical texts for its emperors, cities and military campaigns, there is little mention of the people who lived along the Liao’s vast 4,000km border wall – the discovery of over 7,000 animal bones from this isolated site offers rare insight into their world, says Steiner.
The animal remains include bones from sheep, goats, horses, dogs, gazelles and catfish, many of which show signs of butchery, burning or toolmaking. The presence of tools made from bone, such as ornaments and a rare whistling arrow, reveals that this community was highly resourceful, using every part of the animal to meet their needs.
“What we found was not just a military checkpoint supplied by a central power," explains Steiner. "This was a self-sufficient group – perhaps of soldiers, perhaps of civilians – managing livestock, crafting implements from bone, hunting and fishing in the local environment, possibly receiving some sort of supplies from the central power, and making choices about which animals to slaughter and when, all in a challenging and isolated environment.” Horse breeding was also likely part of daily life. 
The discovery of numerous neonatal animal remains, particularly lambs and puppies, may indicate that the community endured severe environmental stress – possibly a late spring freeze or other climatic disaster, explains Steiner. Such events are recorded in historical accounts of the Liao Empire’s later years, when food shortages and natural disasters strained the state’s control.
One particularly telling detail is the discovery of cattle bones split to extract marrow – an indication that food may have been scarce at times, pushing people to make full use of every possible nutrient source. It’s a small but powerful insight into how harsh life could be on the empire’s frontier.
Though the long wall built by the Liao dynasty is monumental in scale, its purpose and the lives of those who lived along it remain largely unexplored.
“The historical texts focus on emperors, not outposts,” says professor Rivka Rabinovich, who was also involved in the study. “But archaeology lets us hear the voices of those who lived, worked, and died far from the palace. These bones are a form of testimony.”
BY Daniel Graham Content editor
Danny writes about wildlife, conservation and the environment.

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