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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Mongolia approaches Indian Government seeking to supply coking coal www.news.mn

Mongolia has initiated talks with the Indian Government seeking facilitation in supplying coking coal to domestic steel companies, source in Indian Ministry of Steel said on 13 June. The source said that representatives of Mongolian Government have informed their Indian counterparts that the several coal washeries will operational by 2024 and Mongolian authorities are seeking joint venture partners for these washeries with guaranteed off-take condition.
However, Indian officials pointed out that there are several issues which need to be sorted out before coking coal could be imported from the country. It was noted that it is for Indian steel companies to enter supply contacts directly with Mongolian mining agencies and Indian Government could only act as facilitator and not in position to act as intermediary to any such imports.
At the same time, from consultations with domestic steel companies it has been learned that major challenge for import coking coal was Mongolia being a landlocked country, there would be logistical challenges and costs of transporting such import through Russia and China.
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World Standard Emeelt Eco-Industrial Park Plan www.montsame.mn

The Urban Planning and Research Institute has developed a Feasibility Study and a partial adjustment to the General Plan of "Emeelt Eco-Industrial Park", the municipally owned enterprise.
The comprehensive plan of the industrial park, which will create more than 5,600 new workplaces envisages a business and community area, an industrial and storage area, and a residential area.
The business and community area covers an area of 10.9 hectares encompassing offices, laboratories, training centers, trade, exhibition, vocational training centers, trade services, and handicraft shops. The industrial and storage area of 17.3 hectares will consist of food storage, cold storage, deep freezer storage, and chemical storage. The residential area is planned as a comfortable residential space for 2160 residents with two kindergartens for 120 children on an area of 4.3 hectares.
It is also planned to build factories for processing 25,584 tons of meat, 98,437 tons of meat by-products, 2,142 tons of combed cashmere, 2,904 tons of combed wool, and 7.5 million skins and hides on a total area of 38.6 hectares. In addition, a 20.1 km long bicycle road will have safety devices, signs, resting, and parking spots that meet relevant standards.
The establishment of Emeelt Eco-Industrial Park, expected to be a world-standard park located in the 13th micro-district of Khan-Uul District targets to decentralize Ulaanbaatar, increasing economic competitiveness, creating workplaces, and producing export-oriented goods. In addition, this park will facilitate running eco-friendly agriculture, transport, and logistics businesses, shopping centers, warehouses, business incubators, vocational training centers, and light industries, and implementing various projects, research, and evaluations, as reports the Media Department of the Governor’s Office of the Capital City.
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Speaker G. Zandanshatar Departs for Russia on an Official Visit www.montsame.mn

At the invitation of Chairman of the State Duma of the Federal Assembly of the Russian Federation Vyacheslav Volodin, Chairman of the State Great Khural (Speaker of the Parliament) G. Zandanshatar departed on an Official Visit to the Russian Federation today. The Official Visit is scheduled to take place from June 18 to 22.
Over the course of the Official Visit, the Speaker will hold official talks with Speaker of the Federation Council of the Federal Assembly of the Russian Federation Valentina Matvienko, and Chairman of the State Duma Vyacheslav Volodin, and exchange views on expanding bilateral relations in trade, economy, education, culture, and humanitarian sectors. Moreover, the talks will cover future collaborative initiatives within the framework of parliamentary cooperation between the two countries.
As part of the Visit, a document will be signed to establish a joint commission for cooperation between the State Great Khural of Mongolia and the Federal Assembly of the Russian Federation, according to the Media and Public Relations Department of the State Great Khural.
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Decisions Made at The Cabinet Session www.montsame.mn

During its regular session on June 14, 2023, the Cabinet made the following decisions:
Draft Law on Amending the Law on Immunization to be Submitted to the State Great Khural
During the Session, the Cabinet discussed a draft law on Amending the Law on Immunization and agreed to submit it to the State Great Khural.
The draft law has been developed to add vaccines against hepatitis A, pneumococcal, and human papillomavirus infections to the list of mandatory vaccinations.
Under the “Wasp” Operation, operational investigative activity is to be intensified
One of the operations of the “Five W” anti-corruption campaign is the “Wasp” operation, which aims to bring overseas escapers back to court and hold them accountable. At the Cabinet session, Minister of Justice and Home Affairs Kh. Nyambaatar presented some measures that have been taken under this operation.
In this regard, the Prime Minister tasked the line ministry to intensify the operational investigative activities.
Inflation Rate and Measures to Control Price Rise Presented
During the session, another presentation was delivered by Deputy Prime Minister and Minister of Economy and Development Ch. Khurelbaatar on the inflation rate and measures taken to control price rises. According to the National Statistics Office data, the inflation rate is 11.3 percent as of May 2023. However, it has been on a downward trend since its peak at 16.1 percent in June 2022. It is mainly due to the factors, such as the increased foreign exchange reserves, and stabilization of the foreign exchange market that leads to the lightened pressure of MNT depreciation and the reduced price of imported goods.
Even though the inflation rate has been falling, it is still higher than the target level proposed by the Bank of Mongolia. Price rises in wheat flour, meat, and milk have stimulated the stubborn inflation rate. As these three staple food products constitute 40 percent of the inflation.
The Government proposed amendments to the 2023 State Budget to secure the income of children, the elderly, disabled citizens, and public servants, improve the living environment of citizens and reduce urban congestion. As a result of that, there is an expected risk of a surge in the inflation rate.
Therefore, within the scope of controlling inflation and increasing economic production, the Minister proposed necessary measures, including preparing the monthly budget balance without deficit, trading meat and other agricultural products through the agricultural exchange, improving the efficiency of the animal husbandry sector, and introducing a digital system for special licenses.
In connection with the presentation, the Prime Minister was mandated to formulate a draft resolution of the Government on “Measures to ensure the stability of macroeconomics” and get it ready to be discussed at next week’s session.
Brief News:
Minister of Justice and Home Affairs Kh. Nyambaatar was tasked with formulating a draft resolution on “Measures to Take Within the Framework of the General Agreement on Cooperation Between Mongolia and China on Gashuunsukhait-Gantsmod Cross-Border Railway and Coal Purchase” and getting it discussed at the Cabinet session.
Minister of Economy and Development Ch. Khurelbaatar was tasked with developing an Action Plan for organizing the “Mongolian Economic Forum-2023” and ensuring its smooth implementation.
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Chinese soldiers to join multinational peacekeeping exercise in Mongolia www.xinhuanet.com

At the invitation of the Mongolian defense ministry, the Army of the Chinese People's Liberation Army will send troops to Mongolia in mid-June to join the Khaan Quest 2023 multinational peacekeeping exercise, a Chinese defense spokesperson said Friday.
Zhang Xiaogang, a spokesperson with the Ministry of National Defense, made the remarks during a regular press conference.
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Bus carrying foreign tourists crashes in Mongolia www.xinhuanet.com

A tour bus carrying about 30 foreign tourists crashed on Friday afternoon in the northern outskirts of Ulan Bator, the Mongolian capital, authorities said.
Twenty-six Nepali tourists were sent to hospital for treatment after the accident, which occurred in the Songinokhairkhan District of Ulan Bator, local media reported.
Among the Nepali tourists, four suffered severe injuries and two were in serious conditions, the National Traumatology and Orthopedics Research Center said in a statement.
The cause of the accident is under investigation, the National Police Department said, urging drivers to comply with traffic rules to avoid accidents as the peak season of summer tourism is coming.
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42,000-year-old Mongolian pendant may be earliest known phallic art www.science.org

The human predilection for phallic imagery is well documented—just look at the scrawling in any high school locker room. A pendant recently found in northern Mongolia suggests our species has been artistically recreating the penis for at least 42,000 years. According to researchers behind a study of the pendant, published this week in Nature Scientific Reports, the 4.3-centimeter piece of carved graphite is the “earliest-known sexed anthropomorphic representation.”
If so, the pendant would predate cave art at Grotte Chauvet in France that depicts vulvas and dates back 32,000 years. It would even edge out the Venus of Hohle Fels statue found in southwestern Germany that may be as old as 40,000 years. But not everyone is convinced that the Mongolian pendant represents a phallus.
The pendant was unearthed in 2016 at site called Tolbor in Mongolia’s northern Khangai Mountains. Radiocarbon dating of organic material found near it puts the artifact at between 42,400 and 41,900 years old. A fragment of an ostrich eggshell pendant, ostrich eggshell beads, other stone pendants, and animal bone pieces were also found in the same sedimentary layer.
Solange Rigaud, an archaeologist at the University of Bordeaux and the study’s lead author, thinks the strongest argument for the pendant as a phallic representation comes from the features its maker focused on. “Our argument is that when you want to represent something abstractly, you will choose very specific features that really characterize what you want to represent,” she says. For example, the carver appears to have taken care to define the urethral opening, she notes, and to distinguish the glans from the shaft.
A combination of microscopy and other surface analyses show that stone tools were likely used to carve out the grooves for both the urethra and the glans. The pendant was also discovered to be smoother on the back than the front; a string was likely fastened around the glans, suggesting the ornament may have been worn around the neck. The amount of wear on the surface suggests it was likely handed down across multiple generations. Graphite wasn’t widely available near Tolbor, suggesting the pendant may have come from elsewhere, perhaps through trade.
But phallic imagery is often in the eye of the beholder, “like a face in a cloud,” says Curtis Runnels, an archaeologist at Boston University who was not involved in the study. He called the pendant a “small and rather shapeless object” and said he “would need to be convinced” that it was intended to represent a penis.
Rigaud concedes it’s ”very tricky to say” what the object was meant to symbolize. Its small size would have made it difficult for anyone other than the wearer to identify at a distance, so it may have held some personal meaning to its maker or wearer, she says.
Francesco D’Errico, an archaeologist at Bordeaux who was not involved in the research but shares a lab with several of the authors, concedes that the likeness is a matter of interpretation, but thinks Rigaud and her team are on the right track. “The small size of the object, the exotic provenance of the raw material, and the … modifications are quite telling,” he says. “I think the interpretation holds.”
If the pendant does reflect a phallus, it reinforces the notion that some of the earliest forms of symbolic thinking are found on personal ornaments, the authors say. The oldest jewelry includes shell beads found in Africa, dating back at least 60,000 years and perhaps up to 142,000 years. The pendant is “important because it highlights very specific cognitive capacities in our lineage”—that is, the ability to attach meaning to symbolic representations—which is one of the hallmarks of being human, Rigaud says.
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China, Mongolia to fight sandstorms amid calls to curb economic and ecological harm www.scmp.com

Beijing and Ulaanbaatar have stepped up joint efforts to prevent sandstorms that swept across northern China earlier this year, with a Chinese delegation set to visit Mongolia from later this month to jointly work on solutions, according to information obtained by the Post.
A delegation led by Nyamosor Batkhuu, an environment and green development policy adviser to Mongolian President Ukhnaa Khurelsukh, and forestry department head Byambasuren Oyunsanaa visited China for six days in early May following an invitation from the National Forestry and Grassland Administration.
During the trip, the two countries signed a memorandum of understanding after discussions that took place in China’s Inner Mongolia autonomous region.
A Chinese research team has now been invited to visit Mongolia between June 25 and July 10 to assess desertification issues in Mongolia.
A joint working group will then be formed to facilitate the establishment of the China-Mongolia Cooperation Centre for Combating Desertification in Mongolia, the Post has learned.
China’s forestry authority will also arrange for Chinese experts to work in the centre, which will be jointly run by the two countries.
And the China International Development Cooperation Agency will support a donation programme, demonstration centres, desertification monitoring stations, joint research and capacity building training for the centre.
China’s National Forestry and Grassland Administration did not respond to request for comment.
China’s Ministry of Ecology and Environment previously attributed the severe sandstorms – which typically hit the capital city and surrounding areas in the spring – to Mongolia.
Last week, during a visit to Inner Mongolia, President Xi Jinping demanded urgent action and for China to “stay ahead of the curve” after some severe spring sandstorms cloaked Beijing and China’s northern regions in March and April, with some even affecting the eastern areas including Shanghai.
“Desertification, sand and dust storms, as well as soil erosion, cause ecological damage and restrict the economic development of the northern part [of China],” Xi said.
“In the past two years, China’s northern part has experienced more sandstorms due to the impact of climate change. The long-term, difficult and uncertain prevention work is urgent and we need to stay ahead of the curve.”
Sumiya Chuluunbaatar, a non-resident fellow at the Mongolian Academy of Sciences’ Institute of International Studies, said China has been combating desertification and sandstorms in its autonomous regions of Inner Mongolia, Ningxia and Xinjiang, as well as Gansu province, and that there is a need to strengthen cooperation between Beijing and Ulaanbaatar.
“The shortage of water resources restricts the development of Mongolia, especially in the southern Gobi region where mining is developed, which requires water resources,” he said.
China’s decades-long experience of its south-to-north water diversion project – that involves drawing water from southern rivers and supplying it to the dry north – will also be relevant to Mongolia, Chuluunbaatar added.
Chuluunbaatar also said a carbon emissions trading system is another potential field for collaboration, as it is an area that has yet to be developed in Mongolia.
Poor vegetation growth in the Gobi Desert region of Mongolia causes the sandstorms, which could lead to a loss of 0.27 per cent from Mongolia’s national gross domestic product due to a decline in crop revenues, according to an academic paper by visiting research fellow Hayatullah Ahmadzai at the University of Nottingham.
“Increases in the frequency of sand and dust storms could reduce agricultural productivity by between 1.5 per cent to 24 per cent, depending on the crop,” he said in the paper that was released in February.
In addition to the joint effort with China, the Mongolian government is also cooperating with mining giant Rio Tinto – the largest foreign investor in the country – to save 1.1 billion trees by 2024 as the country is fighting against climate change and desertification.
The three-year, US$2.3 million Healthy Forest Project, which was launched in 2022, is set to create “resilient forests” that can withstand defoliation and improve their adaptation to pests that can “foster sustainable economic development by providing long-term and healthy forest resources”.
In April, the sandstorms in northern China also shrouded skies from South Korea to Japan, bringing the first yellow dust to Tokyo since 2021.
Xinjiletu Yang, a professor in economics and management at the Inner Mongolia University of Technology, said in a research paper released in July that sand and dust storms will decrease visibility on roads, leading to traffic accidents, while they will also spread harmful substances carried in dust and pollen that induces health issues, in addition to reductions in crop yields.
BY:
Kandy Wong returned to the Post in 2022 as a correspondent for the Political Economy desk, having earlier worked as a reporter on the Business desk. She focuses on China's trade relationships with the United States, the European Union and Australia, as well as the Belt & Road Initiative and currency issues. She graduated from New York University with a master's degree in journalism in 2013. An award-winning journalist, she has worked in Hong Kong, China and New York for the Hong Kong Economic Journal and the Financial Times, E&E News, Forbes, The Economist Intelligence Unit, Nikkei Asia and Coconuts Media.
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ADB, Invescore Sign $10 Million Loan to Boost MSME Growth in Mongolia www.adb.org

The Asian Development Bank (ADB) and Invescore NBFI JSC have signed a $10 million loan to support job creation and sustainable development in Mongolia by helping improve access to finance for micro, small, and medium-sized enterprises (MSMEs).
The financial package comprises $5 million from ADB’s ordinary capital resources and a further $5 million in B-loans with ADB as the lender on record. A portion of the $5 million A-loan from ADB is expected to be disbursed in togrog. At least 30% of the funds are earmarked for women-owned MSMEs.
“MSMEs play a vital economic role in Mongolia, but they find it hard to access credit so they can invest in their growth and make an even greater contribution,” said ADB Director General for Private Sector Operations Suzanne Gaboury. “By supporting Mongolia’s nonbank financial institution (NBFI) sector, ADB’s assistance will help to improve access to finance for these businesses, and support job creation and inclusive growth in the country.”
MSMEs have a critical role in the sustainable development of Mongolia’s economy, employing 72% of the workforce and accounting for 18% of gross domestic product. Their potential to generate even more jobs and wealth is hamstrung by limited access to finance. ADB’s loan to Invescore, its first direct loan to an NBFI in Mongolia, will help improve the company’s funding profile and support its expansion of finance to MSMEs, especially those run by women.
“As a leader in the nonbanking sector, we aspire to lead by example, operating responsibly and promoting sustainable finance by supporting socially and environmentally responsible customers,” said Invescore NBFI Chief Executive Officer Bayasgalan Dalaijamts. “Aligned with our aspiration, I am very much delighted and looking forward that Invescore will be contributing to the development of MSMEs in Mongolia with the financing and assistance from ADB.”
Invescore was established in 2016 and became the largest NBFI in Mongolia. As of the end of 2022, the company has total assets of 356.3 billion togrog, with 15 branches in the capital Ulaanbaatar and 1 in the city of Erdenet in northern Mongolia.
ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.
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Zeolite, Gold&Copper, REE, Graphite, Natural spring water, Land management, Tourist camp, Construction material and Cashmere related B2B/Investment opportunity offers posted www.mongolianbusinessdatabase.com

As noticed last week, MBD started to post the selected business offers on its website and the "B2B offers, Ads and events" section at the bottom of the news bulletin according to its criteria and long-lasting business correspondence/relations with direct owners of the businesses.
You can review the newly added Zeolite, Gold&Copper, REE, Graphite, Natural spring water potential deposits, Land management in UB or/and the area close to UB, Tourist camp development, construction material sales, and Cashmere product related B2B offers and investment/financing business opportunities in the following section and may send your EOI by mail or contact us for information in detail.
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