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 builds about 900-km railway in 2022 www.xinhuanet.com

Mongolia has built around 900-km railway lines in 2022, local media reported on Saturday, citing the country's Ministry of Road and Transport Development.
"A total of 876.4 km of new railways, namely Zuunbayan-Khangi railway, Tavantolgoi-Zuunbayan railway and Tavantolgoi-Gashuunsukhait railway were built and put into operation last year," the ministry said in a statement.
Mongolian authorities believe that these strategic railways will provide high efficiency to the Asian country's economy and make a great contribution to the improvement of people's life and the development of the country.
Currently, the landlocked country's railways in service have stretched to a total length of 2,965 km, according to the ministry.
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Magical run continues as Mongolia reach Asia Cup Qualifiers with beatdown of Singapore www.fiba.basketball

Mongolia further solidified their status as a team to watch out for in the region after sealing a place in the FIBA Asia Cup 2025 Qualifiers following a 73-49 conquest of Singapore, Saturday night at the UG Arena.
A team that made their FIBA seniors debut only in the Pre-Qualifiers' First Round last November, the Blue Wolves have now become the seventh nation to enter the ACQ after submitting their most impressive performance to date.
Mongolia (3-1) are now the third team from Group F to make it to the next stage after Guam and Thailand, meaning that only one ticket is up for grabs.
Game heroes: All but two scored in the lopsided victory, with Delgernyam Davaasambuu leading the way with 16 points on 7-of-9 shooting.
Battur Ganbold supplied 13 points while Enkhbaatar Onolbaatar finished with a double-double of 12 markers and 14 boards.
Turning point: Davaasambuu scored 10 in the opening period alone, where he presided over the home team's 18-4 start. He would go on to outscore the entire opposition as the quarter ended 26-8 in their favor.
That then proved to be the beginning of a one-sided show much to the delight of the appreciate crowd, who saw their bets lead by as many as 35 points, 45-10, following Tommy Bilguun's triple with under five minutes left in the second period.
Stats don't lie: In easily one of the most lopsided results of the ongoing Pre-Qualifiers, Mongolia shot 47-percent from the field thanks to their 25 assists, an output that's now the third-most in the tournament.
And aside from ruling the boards, 47-35, the Blue Wolves' bench truly made a difference as they outscored their counterparts, 52-34.
FIBA
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131 people aged 100 and over live in Mongolia as of Feb 1 www.akipress.com

131 elderly people aged 100 or over live in Mongolia as of February 1, the country's National Statistical Committee said.
83 out of 131 centenarians live in the regions, and 48 in the capital. The number of women is 114, and of men 17, the Committee noted.
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China's Inner Mongolia orders checks on all open-pit coal mines www.reuters.com

China's Inner Mongolia region on Friday ordered an inspection of all open-pit coal mines, according to a government notice.
The move comes two days after an open-pit mine in the region collapsed, killing at least six and leaving 47 missing.
Reporting by Dominique Patton; Editing by Christian Schmollinger
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Export Decreased by 22.8% Compared to the Previous Year www.montsame.mn

Mongolia traded with 107 countries worldwide in January 2023, and the total trade turnover reached USD 1.8 billion, of which exports were USD 1.1 billion and imports were USD 688.0 million.
The total foreign trade turnover increased by USD 669.5 (61.1%) million, where exports increased by USD 538.1 (99.7%) million and imports increased by USD 131.5 (23.6%) million compared to the same period of the previous year. In January 2023, exports decreased by USD 318.0 (22.8%) million, and imports decreased by USD 145.1 (17.4%) million compared to the previous month. The foreign trade balance was in surplus of USD 389.7 million in January 2023, which increased by USD 406.6 million compared to the same period of the previous year, while it decreased by USD 172.9 million from the previous month. Trade with China reached USD 1.2 billion in January 2023, accounting 66.8% of the total trade turnover.
Bituminous coal and copper concentrates accounted for 59.4% and 19.7% of total exports to China, respectively, while gold accounted for 99.9% of the export to Switzerland. Exports increased by 538.1 million US dollars in January 2023 from the same period of the previous year, mainly due to the increase of coal exports by 427.6 million US dollars, the export of zinc ore and concentrate by 25.0 million US dollars, and the export of iron ore and iron concentrate by 23.0 million US dollars respectively. In January 2023, the average border price of gold increased by USD 3.2 thousand per kilogram, the average border price of copper concentrates increased by USD 65.4 per ton, and the average border price of crude petroleum oils increased by USD 1.7 per barrel compared to the previous month. However, the average border price of coal decreased by USD 6.2 per ton.
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More than 180 arrested over collapsed buildings in Turkey quakes www.nhk.or.jp

Turkey's justice authorities are widening their probe into building collapses in the massive earthquakes that hit southern Turkey near the Syrian border. More than 180 people have been arrested so far.
It has been confirmed that the magnitude 7.8 earthquake on February 6, and subsequent quakes, killed at least 44,218 people in Turkey, and 5,914 in Syria.
Many victims were found in the debris of collapsed buildings.
Justice Minister Bekir Bozdag said on Saturday that 184 people suspected of responsibility for the collapse of buildings had been arrested.
Prosecutors in the Nurdagi district near the epicenter told NHK that the local mayor had been arrested over work carried out by a construction company he used to run.
Victims' relatives are angry.
At least 173,000 buildings in Turkey either collapsed or were damaged to such an extent that they need to be demolished.
Those who lost their homes are pursuing lawsuits.
 
 
 
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Oyu Tolgoi Underground Mine to be Opened on March 13 www.montsame.mn

The Prime Minister of Mongolia L. Oyun-Erdene reported during his interview with MNB that the opening ceremony of the Oyu Tolgoi underground mine would be held on March 13, 2023.
Noting the investor side's letter to write off Mongolia's USD 2.3 billion debt, for its share (34 percent) of Oyu Tolgoi owned by the Government of Mongolia, the Prime Minister of Mongolia said that further developments had been impossible to accomplish due to this 34 percent debt. This bottleneck has held up for over ten years and become one of the hottest political topics.
The opening ceremony of the OT underground mine will be a milestone in the history of Mongolia and the underground mine. Furthermore, it will also provide an opportunity to increase Mongolia's GDP two times. In other words, our future is on the bright side.
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58th Academy of American and International Law www.cailaw.org

SWIICL is seeing a greater number of applications for its 58th Academy of American and International Law, which will be held in Texas from May 29 to June 30, 2023. If you or someone at your firm or company is interested in attending the Academy, please submit an application as soon as possible. After March 1st, applications are only considered in the order they are received and only if space permits.
In addition, the Academy has changed hotels after many years at the same location. Although our prior hotel could accommodate late applications, the new hotel has a much earlier deadline and a limited number of rooms at our discounted rate. Therefore, it is critical to submit applications as soon as possible to obtain a room at the Academy hotel with other participants.
The Academy is an intensive five-week course of study is designed for non-US attorneys and legal professionals. The Academy focuses on U.S. and international laws related to international business and transactions, and broadly covers important principles of U.S. and international law.
To apply, complete the online registration form at the link at the end of this email. Applicants will be evaluated on their career, educational achievements, financial situation, and diversity they bring to the Academy. If you have any questions, please contact Ser-Od Ichinkhorloo Country Coordinator serod@b2bmongolia.com or/and (976) 99066062
 
 
 
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Mongolia, UK Celebrate 60th Anniversary of Diplomatic Relations www.thediplomat.com

This year marks the 60th anniversary of Mongolia and the United Kingdom’s establishment of diplomatic relations. In commemoration of this special occasion, the two governments are celebrating decades of shared principles, strengthening bilateral relations, and strong people-to-people ties.
On January 23, 1963, the United Kingdom became the first Western nation to establish diplomatic relations with Mongolia. During a ceremony commemorating the Mongolia-U.K. diplomatic anniversary, a former Mongolian ambassador to the U.K., Altangerel Bulgaa, highlighted London’s key role in opening diplomatic doors for Mongolia.
“The significance of Mongolia and the United Kingdom is that exchanging a diplomatic representative at an ambassadorial level with Western countries opened the door for trade and economic activities for Mongolia,” Altangerel said. “Equally important, France and other Western nations followed suit after Mongolia and the UK established diplomatic relations in 1963.”
Historical ties between Mongols and the British date all the way back to medieval times. The earliest recorded communiqué between the Mongols and the English is from the late 13th century, during Arghun Khaan’s reign. In 1290, an envoy of Arghun Khaan sent a letter to Edward I of England, indicating that the Mongol forces could support the crusaders in their battle.
Moreover, archival documents indicate the cultural and linguistic ties between the Mongols and the English. In the early 20th century, the English language had dominated the Western world, both language and thought influenced the intellectual circle of Bogd Khaan, Mongolia’s leader during its short-lived stint as an independent monarchy from 1911-1924.
According to Dr. Zolboo Dashnyam, the director at the Institute of International Studies of the Academy of Sciences of Mongolia, “When the Mongols drafted the first constitution, it seems that their English language abilities were not too bad, judging from the fact that they had studied and translated the constitutions of monarchies at the time, such as Great Britain.”
The long history of Mongol-British interactions demonstrate the consistency of the Mongols’ ambition to be more involved in global affairs – a tradition that modern-day Mongolia continued.
The 1960s was one of the most challenging yet ultimately rewarding decades for Mongolia’s international relations. Mongolia’s strong ties with the Soviet Union situated Ulaanbaatar in a challenging position, especially when it comes to establishing diplomatic relations with Western nations.
Thus the United Kingdom’s recognition of Mongolia as an independent state and the establishment of diplomatic relations was a significant milestone for Ulaanbaatar’s foreign policy. Two years earlier, in 1961, Mongolia had become a permanent member of the United Nations. As one of the permanent members of the U.N. Security Council, London’s vote was crucial to Mongolia in that effort.
Since 1963, bilateral relations between Mongolia and the United Kingdom have developed into a variety of sectors such as education, defense, mining, and recently, green initiatives.
The British education system has been adopted in Mongolia for some time. In Ulaanbaatar, the British School of Ulaanbaatar teaches students using the National Curriculum of England and Wales. Students graduate with fluent British English, and many seek to study abroad in the United Kingdom.
Moreover, the Chevening scholarship, funded by the U.K.’s foreign ministry, has directly benefited more than 200 Mongolian graduate students studying in British universities.
As Enkhjin Seded, a 2022 Chevening scholar, put it, “Studying at one of the prestigious universities in the U.K. seemed like a dream before receiving the Chevening scholarship. The Warwick Business School has been an eye-opening experience for me as I learn from professors with worldwide knowledge and experience. With Chevening, a new chapter of my life has begun.”
While educational cooperation has been successful, foreign trade, investment, and economic activities between Mongolia and the U.K. have been falling short due to many issues.
Trade and investment between the U.K. and Mongolia decreased by 52.8 percent from September 2021 to the same month in 2022. The COVID-19 pandemic certainly contributed to this sudden drop.
From Mongolia’s perspective, the unbalanced nature of trade is an issue. As of 2020, the U.K. was Mongolia’s fourth-largest export destination – but only accounted for 1.1 percent of Mongolian exports, worth just $84 million. Mongolia fared even worse in the United Kingdom’s trade books. It is the U.K.’s 133rd largest trading partner, “accounting for less than 0.1% of total UK trade,” according to U.K. government data.
The U.K.’s February 2023 Trade and Investment Report indicated that in the year leading up to the end of September, 2022, the U.K. exported nearly twice as many goods to Mongolia (at a value of 104 million pounds) as it imported from Mongolia (54 million pounds). There is a need for Mongolia to boost its exports to the United Kingdom to address the yawning trade deficit.
The Oyu Tolgoi operation run by Anglo-Australian mining conglomerate Rio Tinto is the United Kingdom’s largest contributor to Mongolia’s national economy. However, British investors and businesses remain uncertain about Mongolia’s business environment, particularly dispute resolution, corruption, and regulatory issues.
As British Ambassador to Mongolia Philip Malone told The Diplomat, “Legal certainty and the fair resolution of disputes in line with the law are high on the list of concerns for investors. The U.K. and Mongolia have a bilateral investment promotion and protection agreement which can provide a mechanism to support dispute resolution.”
But, he added, “It is a very challenging area and one the Mongolian authorities must address to realize the full foreign investor potential of Mongolia, particularly through ensuring a fully independent judiciary that is not subject to outside interference.”
In 2020, in an effort to accelerate Mongolia-U.K. trade, Member of Parliament Daniel Kawczynski was appointed as the British trade envoy to Mongolia. During the 2022 U.K.-Mongolia Business Forum, Kawczynski stated that the British government was issuing $3 billion in soft loans to U.K. companies to invest in Mongolia.
Beyond the economic sphere, on the occasion of the Mongolia-U.K. diplomatic anniversary, the two governments are upgrading their defense cooperation agreement, which has significance in augmenting Mongolia’s peacekeeping operations.
Malone, the ambassador, told The Diplomat that “our intention to renew the defense cooperation agreement with Mongolia” serves “to underline our commitment as a third neighbor. We have had a defense cooperation agreement with Mongolia for around ten years.
“A particular focus will be on supporting Mongolia’s peacekeeping deployments through training and capacity building and the U.K.’s participation in the annual Khaan Quest peacekeeping exercise.”
From Mongolia’s foreign policy perspective, peacekeeping operations and the successful implementation of the annual Khaan Quest exercise are major mechanisms to strengthen defense relations between Mongolia and its partners around the world.
Also, with the assistance of the British government, this year for the first time Mongolian personnel studied at the British Imperial Defense College.
The U.K. certainly holds a special place in Mongolia, not only as a third neighbor, but also for being the first Western nation to establish diplomatic relations with Mongolia. In the next 60 years, Mongolia and the U.K. are aiming to strengthen trade, investment, and education while expanding to newer sectors such as green initiatives.
GUEST AUTHOR
Bolor Lkhaajav
Bolor Lkhaajav is a researcher specializing in Mongolia, China, Russia, Japan, East Asia, and the Americas. She holds an M.A. in Asia-Pacific Studies from the University of San Francisco.
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Steppe Gold building Mongolia's premier precious metals group and progressing ATO mine expansion plans www.proactiveinvestors.com

Steppe Gold Ltd (TSX:STGO, OTCQX:STPGF) has announced plans for a dual primary listing of its common shares on the Main Board of the Stock Exchange of Hong Kong Limited (HKEx), the premier listing venue for Asia-based companies.
The Mongolia-focused gold miner, which is currently listed on the Toronto Stock Exchange, said the Hong Kong listing is anticipated to occur later in 2023.
In a statement, Bataa Tumur-Ochir, president and CEO of Steppe Gold, commented: "With approximately 40% of Steppe Gold's shareholders now based in Asian time zones, the company has decided to pursue a dual primary listing on the Main Board of the Hong Kong Stock Exchange in 2023.”
The company said the Hong Kong listing will assist with historical liquidity and valuation issues and will also serve as a better venue for trading for its Asian-based shareholders, as Hong Kong and Mongolia are in the same time zone.
“With listings on both the Toronto Stock Exchange and HKEx, Steppe Gold will have a wider reach, offering greater accessibility and exposure to a broader pool of investors from both Asia and North America,” said Tumur-Ochir.
“As one of only a few companies in the mining and precious metals sector listed on the HKEx upon successful listing, Steppe Gold will be further differentiated, with increased visibility, making it an attractive opportunity for investors seeking investment opportunities in this sector," he added.
Contact the author at jon.hopkins@proactiveinvestors.com
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