1 PRIME MINISTER OYUN-ERDENE VISITS EGIIN GOL HYDROPOWER PLANT PROJECT SITE WWW.MONTSAME.MN PUBLISHED:2025/04/30      2 ‘I FELT CAUGHT BETWEEN CULTURES’: MONGOLIAN MUSICIAN ENJI ON HER BEGUILING, BORDER-CROSSING MUSIC WWW.THEGUARDIAN.COM PUBLISHED:2025/04/30      3 POWER OF SIBERIA 2: ECONOMIC OPPORTUNITY OR GEOPOLITICAL RISK FOR MONGOLIA? WWW.THEDIPLOMAT.COM PUBLISHED:2025/04/29      4 UNITED AIRLINES TO LAUNCH FLIGHTS TO MONGOLIA IN MAY WWW.MONTSAME.MN PUBLISHED:2025/04/29      5 SIGNATURE OF OIL SALES AGREEMENT FOR BLOCK XX PRODUCTION WWW.RESEARCH-TREE.COM  PUBLISHED:2025/04/29      6 MONGOLIA ISSUES E-VISAS TO 11,575 FOREIGNERS IN Q1 WWW.XINHUANET.COM PUBLISHED:2025/04/29      7 KOREA AN IDEAL PARTNER TO HELP MONGOLIA GROW, SEOUL'S ENVOY SAYS WWW.KOREAJOONGANGDAILY.JOINS.COM  PUBLISHED:2025/04/29      8 MONGOLIA TO HOST THE 30TH ANNUAL GENERAL MEETING OF ASIA SECURITIES FORUM WWW.MONTSAME.MN PUBLISHED:2025/04/29      9 BAGAKHANGAI-KHUSHIG VALLEY RAILWAY PROJECT LAUNCHES WWW.UBPOST.MN PUBLISHED:2025/04/29      10 THE MONGOLIAN BUSINESS ENVIRONMENT AND FDI: CHALLENGES AND OPPORTUNITY WWW.MELVILLEDALAI.COM  PUBLISHED:2025/04/28      849 ТЭРБУМЫН ӨРТӨГТЭЙ "ГАШУУНСУХАЙТ-ГАНЦМОД" БООМТЫН ТЭЗҮ-Д ТУРШЛАГАГҮЙ, МОНГОЛ 2 КОМПАНИ ҮНИЙН САНАЛ ИРҮҮЛЭВ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/30     ХУУЛЬ БУСААР АШИГЛАЖ БАЙСАН "БОГД УУЛ" СУВИЛЛЫГ НИЙСЛЭЛ ӨМЧЛӨЛДӨӨ БУЦААВ WWW.NEWS.MN НИЙТЭЛСЭН:2025/04/30     МЕТРО БАРИХ ТӨСЛИЙГ ГҮЙЦЭТГЭХЭЭР САНАЛАА ӨГСӨН МОНГОЛЫН ГУРВАН КОМПАНИ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/30     "UPC RENEWABLES" КОМПАНИТАЙ ХАМТРАН 2400 МВТ-ЫН ХҮЧИН ЧАДАЛТАЙ САЛХИН ЦАХИЛГААН СТАНЦ БАРИХААР БОЛОВ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/30     ОРОСЫН МОНГОЛ УЛС ДАХЬ ТОМООХОН ТӨСЛҮҮД ДЭЭР “ГАР БАРИХ” СОНИРХОЛ БА АМБИЦ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/30     МОНГОЛ, АНУ-ЫН ХООРОНД ТАВДУГААР САРЫН 1-НЭЭС НИСЛЭГ ҮЙЛДЭНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/29     ЕРӨНХИЙ САЙД Л.ОЮУН-ЭРДЭНЭ ЭГИЙН ГОЛЫН УЦС-ЫН ТӨСЛИЙН ТАЛБАЙД АЖИЛЛАЖ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/29     Ц.ТОД-ЭРДЭНЭ: БИЧИГТ БООМТЫН ЕРӨНХИЙ ТӨЛӨВЛӨГӨӨ БАТЛАГДВАЛ БУСАД БҮТЭЭН БАЙГУУЛАЛТЫН АЖЛУУД ЭХЛЭХ БОЛОМЖ БҮРДЭНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/29     MCS-ИЙН ХОЁР ДАХЬ “УХАА ХУДАГ”: БНХАУ, АВСТРАЛИТАЙ ХАМТРАН ЭЗЭМШДЭГ БАРУУН НАРАНГИЙН ХАЙГУУЛЫГ УЛСЫН ТӨСВӨӨР ХИЙЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/29     АМ.ДОЛЛАРЫН ХАНШ ТОГТВОРЖИЖ 3595 ТӨГРӨГ БАЙНА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/29    

Events

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

NEWS

64x64

L.Oyun-Erdene: We must expose the coal mafia if we want to develop Mongolia www.gogo.mn

L.Oyun-Erdene, the Prime Minister of Mongolia, gave information at the cabinet meeting on March 24.
Coal and copper are two of the four main mining products, accounting for 93% of Mongolia's exports. Mongolia has two big groups: coal and copper. It is no secret that there is a group of people who want to buy all of them and hold politics hostage through banks. In the past, funds have been raised and court appointments have been made.
A coal mafia must be exposed if Mongolia wants to develop in the future. Look at the economic growth and budget outperformance associated with the package of measures in Tavan Tolgoi. It means that there was a large amount of hidden economy. There are many hidden problems. It is hard to discuss justice and politics if the transparency of coal and copper is not established in the next 10-20 years. Therefore, we are going to change this situation. It doesn't matter who it is; MPP or DP.
Therefore, T.Ayursaikhan told me that he wants to quit his job and to be investigated. Many problems related to 49 percent of Erdenet mining corporation and Oyutolgoi are related to Kh.Battulga and T.Elbegdorj, the two former presidents elected from the Democratic Party.
...


64x64

Team Mongolia Gets off to a Flying Start with Victory www.montsame.mn

The IIHF World Championship Division IV kicked off in Steppe Arena of Ulaanbaatar, Mongolia on March 23, 2023. This Tournament is being held under the auspice of President of Mongolia Ukhnaagiin Khurelsukh.
The first game was between the Philippines and Indonesia and finished by the win of the Philippines with a score of 14-0. The Opening Ceremony of the Championship was solemnly held at 5:30 pm. The IIHF and Mongolia warmly welcomed the players, officials, fans, and everyone who attended the Ceremony. The Steppe Arena with a seating capacity of 2600 to 3600 was full of audience.
Team Mongolia got off to a flying start with an 8-0 victory against Kuwait in its first game started at 6:00 pm. There were four goals for Mishigsuren Chinzolboo, while goalie Bayarsaikhan Munkhbold shared 14 saves to blank the opposition. Mongolia made splendid Shots on Goal (SVG), reaching 56, while Kuwait’s SVG was 14.
Upcoming Games:
3/25/2023
2:00 pm – Indonesia vs. Kuwait
6:00 pm – Philippines vs. Mongolia
3/26/2023
2:00 pm – Philippines vs. Kuwait
6:00 pm – Indonesia vs. Mongolia
...


64x64

Your E-Visa To Be Ready In 3 Steps www.montsame.mn

In connection with the declaration of 2023-2025, the “Years to Visit Mongolia” by the Government of Mongolia, the list of countries whose nationals are eligible to apply for Mongolian e-visa has been revised, covering 99 countries.
Citizens of the countries on this list, including European countries, Australia, and New Zeland, can apply for three types of e-visas, which are Tourist /K2/, Participant in cultural and sports competition /K4/ and Transit /K6/ from anywhere in the world.
Only three simple steps are required to apply for a Mongolian e-visa:
2. Fill out the application form accurately and completely;
3. Pay the e-visa fee online.
Your e-visa will be sent to your e-mail address within 48 hours.
Since October 2021, the Immigration Agency of Mongolia has issued over 9000 e-visas.
...


64x64

Mongolia-Russia Business Forum Held in Ulaanbaatar www.montsame.mn

Russia has exported goods worth USD 2.6 billion to Mongolia, while Mongolian export to Russia has amounted to around USD 91.6 million. It clearly shows that the balance in trade between the two countries has been lost.
In this case, one of the gateways to increase Mongolian export to Russia could be the re-export, according to the attendees at the Mongolia-Russia Business Forum which was held on March 23 in Ulaanbaatar. In this regard, the President of the Mongolian National Chamber of Commerce and Industry Mr. Amartuvshin underlined the importance of developing the free trade zones in Mongolia and ensuring their readiness to increase the re-export.
Over 40 companies’ representatives from Russia, headed by the Governor of Irkutsk province Mr. Igor Kobzev, and the President of the Chamber of Commerce and Industry of Eastern Siberia Mr. Alexey Sobol participated in the Forum. Due to the proximity of location, Irkutsk province is the main bridge for trade and economic cooperation between the countries. In 2022, Mongolia exported USD 3.6 million to this province, while in turn, Irkutsk exported goods and services worth USD 170 million to Mongolia.
Underlining the interest to buy cashmere and meat products from Mongolia, the Governor of Irkutsk province Mr. Igor Kobzev expressed his readiness to develop cooperation in economy and trade at first, and further in other sectors, namely education, emergency service, tourism, health, agriculture, and environment.
On the Mongolian side, stressing the fact that our close cooperation with neighboring countries will provide a stimulus to develop our manufactories and increase our exports, the representatives suggested that the export and trade cooperation could be brought to a new level by establishing joint factories.
During the Forum, the Chamber of Commerce and Industry of Eastern Siberia and the Mongolian National Chamber of Commerce and Industry signed a Memorandum of Cooperation and the Development Corporation of Irkutsk province established several Foreign Trade agreements with Mongolian line public organizations, private enterprises, and three aimags.
As a side note, it was announced that the Summit of the Mongolian, Russian, and Chinese Chambers of Commerce and Industry would be held on June 8 this year.
...


64x64

MBD, the Country representative of RX Global is going to host Mongolian exhibitors to 14th “Fashion World Tokyo”, Japan’s LARGEST International trade show in Oct this year www.mongolianbusinessdatabaase.com

Japan’s LARGEST International trade show, the “Fashion World Tokyo” autumn expo is going to be held at the Big Site Tokyo between 10-12 Oct, 2023 and its main organizer RX Japan is specifically invited Mongolian exhibitors to this brand show.
The exhibitors will have an opportunity to meet the distinguished international trading company representatives, buyers, agents and distributors who regularly attend annually for the B2B deal with more than 900 international exhibitors аnd in particularly Japanese leading trading firms, department stores and boutiques such as Мitsui, Marubeni, Ueni Trading, Mitsubishi, Onward, Yagi Tsusno, Itochu, Toyota Tsusho, Sanyei, Sumitomo, Sojits, Isetan Mitsukoshi, Hankyu Nanshin, Lumine, Takashimaya, Sogo & Seibu, Odakyu, Daimaru, Parco,Tokyu, Keio,Marui, Tobu, Beams, Ships, United Arrows, Nano Universe, Urban Research, Issey Miyake, Sazaby League, Baycrew’s.
The expo will include “Sustainable Fashion, “Fashion Sourcing”, “Textile”, “Fashion Digital Transformation”, “Japan Fashion” and “International Optical Fair” shows.
Japan is the world’s 3rd largest fashion market №1 in upper-middle price ranged market!
Please contact RX Global’s Country Representative office MBD (Mongolian Business Database) for the inquiries. Tel: 976 99066062 and email: contact@mongolianbusinessdatabase.com
(RX Global www.rxglobal.com is UK based international organization which runs over 400 events covering 43 sectors in 22 countries, in-person and online.)
THE REGISTRATION WILL CLOSE ON MAY 05. 2023
...


64x64

Explainer: Does China need more Russian gas via the Power-of-Siberia 2 pipeline? www.reuters.com

Russian President Vladimir Putin and Chinese leader Xi Jinping met in Moscow for two days of talks which ended Tuesday, during which they discussed a major new infrastructure project, Power-of-Siberia 2, to deliver gas to China via Mongolia.
Putin said Russia, China and Mongolia had completed "all agreements" on finishing the pipeline to ship Russian gas to China, and that Russia will deliver at least 98 billion cubic meters (bcm) of gas to China by 2030, although a subsequent Russian statement said pipeline details still need to be resolved.
Russia proposed the route years ago but the plan has gained urgency as Moscow looks to Beijing to replace Europe as its major gas customer.
However, China is not expected to need additional gas supply until after 2030, experts say.
WHAT IS THE POWER-OF-SIBERIA 2 PIPELINE?
The proposed pipeline would bring gas from the huge Yamal peninsula reserves in west Siberia to China, the world's top energy consumer and a growing gas consumer.
The first Power-of-Siberia pipeline runs for 3,000 km (1,865 miles) through Siberia and into China's northeastern Heilongjiang province.
The new route would cut through eastern Mongolia and into northern China, according to a map by Russia's Gazprom (GAZP.MM).
Gazprom began a feasibility study on the project in 2020, and has aimed to start delivering gas by 2030.
The 2,600-km pipeline could carry 50 billion cubic metres (bcm) of gas a year, slightly less than the now defunct Nord Stream 1 pipeline linking Russia to Germany under the Baltic Sea.
WHAT DID XI AND PUTIN SAY ABOUT THE PIPELINE?
Before Xi's visit, Putin referred to the Power-of-Siberia pipeline as "the deal of the century."
But a joint statement after their talks said only that the parties involved "will make efforts to advance work on the study and approval" of the pipeline. However, official accounts of Xi's statements issued after the meetings do not mention the pipeline.
"We don't really think it's finalised yet, there are still lots of finer details to be hammered out," said Wang Yuanda, China gas analyst at data intelligence firm ICIS.
WHAT DOES MONGOLIA SAY?
When Putin and Xi met in September with Mongolian President Ukhnaagiin Khurelsukh, Khurelsukh said he supports the construction of oil and gas pipelines from Russia to China via Mongolia, adding that its technical and economic justification should be studied.
Mongolian Prime Minister Oyun-Erdene Luvsannamsrai told the Financial Times in July that he expected Russia to begin construction on the pipeline within two years, but added that the final route through Mongolia was not yet decided, according to the newspaper.
DOES CHINA NEED MORE RUSSIAN GAS?
Gazprom already supplies gas to China through the first Power-of-Siberia pipeline under a 30-year, $400 billion deal, which was launched at end-2019.
Expected to supply 22 bcm of gas in 2023, it will deliver increasing volumes before reaching full capacity of 38 bcm by 2027.
In February 2022, Beijing also agreed to buy gas from Russia's Far East island of Sakhalin, which will be transported via a new pipeline across the Japan Sea to China's Heilongjiang province, reaching up to 10 bcm a year around 2026.
Meanwhile, China is negotiating a new pipeline - Central Asia–China Gas Pipeline D - to source 25 bcm of gas annually for 30 years from Turkmenistan via Tajikistan and Kyrgyzstan.
Additionally, China has long-term contracts with Qatar, the United States and global oil majors for LNG supplies. It imported 63.4 million tonnes of the chilled fuel last year.
"The original target is for China to import 38 bcm of Russia gas by 2025. Now Russia is saying this will reach 98 bcm by 2030. That is a very big jump, so it pays to be slightly cautious on that," said Wang, the analyst.
China will also be wary of finding itself in a similar position to Europe if it becomes more reliant on Russia, he added.
Reporting by Emily Chow in Singapore; Editing by Raju Gopalakrishnan
 
 
 
...


64x64

Pinsent Masons advises IFC on landmark investment in Mongolia’s first ever green bond issuance www.pinsentmasons.com

Multinational law firm Pinsent Masons has advised International Finance Corporation (IFC) on its investment in Mongolia’s first ever green bond issuance.
The firm advised on IFC’s investment, alongside Dutch entrepreneurial development bank, FMO, and US-based microfinance investor, MicroVest Capital Management, in Khan Bank’s US$60 million issuance of five-year green bonds.
Khan Bank, Mongolia’s largest commercial financial institution, will use funds raised by the issuance to grow its climate portfolio by funding projects that support renewable energy, energy efficiency, climate-smart agriculture, and sustainable building and mobility.
IFC’s investment supports Mongolia’s goal to increase green lending from 1.4% at present to 10% of all banking sector lending by 2030.
James Harris, head of Finance & Projects in Asia at Pinsent Masons said: “Mongolia is facing significant environmental challenges. Green bond issuances like this one are a crucial tool in helping developing countries attract the right international investment needed to progress climate ambitions and kickstart vital infrastructure and energy projects to drive net zero journeys. This investment supports Mongolia’s sustainable finance development, helping the country develop and adopt the necessary environmental and social risk management requirements for commercial banks.”
The Pinsent Masons team was led by partner James Harris and included senior associate Tony Nicholson, and associates Olivia Wang and Qiyu Lu.
Pinsent Masons has recently advised IFC on a number of landmark impact financing transactions in Mongolia. Earlier this year, the team advised IFC on a US$130 million syndicated loan to Khan Bank to support funding the recovery and growth of Mongolian micro, small and medium enterprises (MSMEs). In December 2022, the team also advised IFC on a US$130 million syndicated loan to Mongolia’s fifth largest bank, XacBank, with proceeds going to support the funding of green projects and MSMEs in Mongolia.
Mongolia has committed to reducing greenhouse gas emissions by 22.7% by 2030. The annual financing required to achieve Mongolia’s green development targets is estimated to be $413m, with 80% expected to come from international investors and private sector players.
Asia Pacific Energy
...


64x64

Mongolia marks World Water Day with conservation drive, awareness events www.xinyhuanet.com

On the World Water Day falling on Wednesday, Mongolia emphasized the importance of fresh water, urging the public to conserve water as much as possible.
According to Mongolian Minister of Environment and Tourism Bat-Ulzii Bat-Erdene, the country will soon impose a ban on washing vehicles with clean water.
On average, cars are washed with 2,000,000 liters of clean water per day in Mongolia, the minister said.
A national conference on water called "Blue Gold" initiated by Mongolian President Ukhnaa Khurelsukh is underway from Monday to Friday, discussing water resources of the country and pressing issues in the water sector.
As of 2022, about 77 percent of the country's total territory has been somehow affected by desertification and land degradation, and more than 360 rivers, streams, lakes and springs in the country have dried up, according to the ministry.
 
 
 
...


64x64

ADB investment programme to help grow green agribusiness in Mongolia www.fareasternagriculture.com

The Asian Development Bank (ADB) approved a US$448mn investment programme to support green and inclusive development of Mongolia’s Aimags (province) and Soums (sub province)
The ‘Aimags and Soums Green Regional Development Investment Programme’ will promote a transformative model for green territorial development and green urban-rural linkages. Secondary towns will become anchors of climate-smart agribusinesses that promote sustainable, resilient, and low-carbon rangeland management.
“The programme pilots an integrated solution to Mongolia’s multidimensional challenges by balancing its territorial development, reducing migration to Ulaanbaatar, and regenerating rangeland natural resources for carbon capture,” said ADB principal portfolio management specialist, Arnaud Heckmann. “The programme is designed for replicability within and outside of Mongolia.”
Mongolia’s rangelands cover 82% of the country and are under severe threat due to livestock pressure on pastureland and unsustainable rangeland management practices. Climate change has reduced the productivity of fragile rangelands and has increasingly exposed herders to climate-related natural hazards.
With an initial focus on western provinces, the programme will implement climate-resilient, high-carbon sequestration, and sustainable rangeland management to support herder groups and empower them with sustainable livestock and agricultural management practices. It will promote renewable energy and low-carbon solutions through urban services, to build liveable Province and sub province centres as anchors for a green agribusiness value chain.
To expand financial access for low carbon and climate-resilient agribusiness value chains, the project will establish a green and inclusive regional agribusiness fund to provide climate-smart financial mechanisms and institutions to overcome the financial bottlenecks of agribusiness small and medium-sized enterprises. This will generate green jobs and promote green economic recovery and diversification.
The total programme cost is US$735mn, with counterpart financing from the Government of Mongolia and the private sector, along with co-financing from the European Investment Bank, European Union, and the Green Climate Fund. A US$3mn grant is sourced from the Asian Development Fund (ADF). The ADF provides grants to ADB’s poorest and most vulnerable developing member countries. The project will be implemented in three stages (tranches) and is expected to be completed in 2033.
 
 
 
...


64x64

1 killed, 2 missing in Mongolia due to snow and dust storms www.xinhuanet.com

At least one person was killed and two others missing after heavy blizzards and strong dust storms swept through large parts of Mongolia over the past two days, the country's National Emergency Management Agency said Wednesday.
Thirteen people who were missing in the snow and dust storms have been found alive, the emergency agency said.
Unfortunately, a 61-year-old woman was killed in the western province of Govi-Altai due to the storms, it said.
Search for the two missing people is underway in the northern province of Selenge and the eastern province of Dornod.
Mongolia has a harsh continental climate as strong winds and dust storms are common in spring.
...