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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Events

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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70 percent of Mongolia’s rangeland degraded www.news.mn

The Mongolian rangelands have been identified as among the most sensitive to climate change and variability, and degradation has been alarming. Over 70 percent of the rangelands have changed from their natural state .
In the 2014 survey, over half of the monitoring sites were observed as healthy, and over 10 percent were slightly degraded. However, in the following 2016 survey, the number of moderate, heavy, and fully degraded sites had increased.
Climate factors are the leading cause of degradation, human activity, and grazing pressure. In such circumstances, herders compensate for their vulnerability, losses of livestock and income due to extreme climate events, and decreases in vegetation by expanding their herds. Losses force herders to compensate by increasing livestock numbers, creating a vicious cycle.
Therefore, improving rangeland management offers Mongolia tremendous opportunities to mitigate climate change. It is estimated that Mongolia could avoid more than 440 million tons of carbon dioxide-equivalent emissions over 20 years through soil carbon sequestration.
An Asian Development Bank project supported by concessional loans and grant financing from the Green Climate Fund, the European Investment Bank, and the European Union is currently aiming to transform behaviors and sector practices that had been major push factors in rangeland degradation.
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Harvest Moon: Mongolia’s Oscar Submission premieres in USA www.news.mn

The US press and industry premiere of director B.Amrasaikhan’s drama Harvest Moon played to an enthusiastic, packed audience at an Asian World Film Festival special event at the Landmark Theater in Westwood Village, Los Angeles. The film’s Producer S.Uran, Director of Photography Josua Fischer and Sound Designer/Editor/Mixer Evan Millard were in attendance.
Harvest Moon was Mongolia’s submission for Best International Feature Film at the 95th Academy Awards, due to take place on Sunday, March 12, 2023. Widely considered to be one of the best films to come out of Mongolia in recent years, it tells the touching story of a man, returning to his native village in the Mongolian steppe to care for his dying stepfather, who strikes up a bittersweet friendship with a young orphan boy, which changes their lives forever.
B.Amrasaikhan, who also stars in the film, is a high-profile, experienced Mongolian actor who has appeared in many acclaimed Mongolian films, as well as Netflix’s original series Marco Polo. Harvest Moon is his directorial debut, for which he also wrote the screenplay. Prior to the start of the film, a number of short videos were screened introducing co-production incentives from the Mongolian National Film Council.
With Harvest Moon the director wishes to express his people’s hearts, emotions and mindsets through the common challenges of a nomadic Mongolian society on the brink of change, in order to create an unforgettable cinematic experience.
The premiere of the film coincides with the decision by the Government of Mongolia to announce 2023 and 2024 as the years of “Visit Mongolia.” The country, known as the Last Frontier of the Nomadic Culture, has set a target to receive one million tourists in 2023. Many are confident that this film will be an essential promotion to achieve this goal.
Harvest Moon’s world premiere was held at the 41st Vancouver International Film Festival 2022, where it won the Vanguard Audience Award. Based on a short novel Tuutulei, by T. Bum-Erden, the film has received a number of strong, critically acclaimed reviews, and is represented for International Sales by Asian Shadows.
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President Extends New Year Greetings www.montsame.mn

On the New Year’s Eve, H.E. Ukhnaagiin Khurelsukh, President of Mongolia, extended greetings to the citizens of Mongolia in a televised message.
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"Dear citizens of free and independent Mongolia,
My fellow Mongol brothers and sisters,
I extend to you my heartfelt greetings for the coming New Year.
The humankind is bidding farewell to yet another year, which saw numerous difficulties and challenges caused by continued incidences of the global pandemic, war, ensuing geopolitical issues, food shortages, price hikes, border trade complications and others.
For us, the Mongolians, this was also a year of both success and failures, achievements and mistakes, hopes and doubts, and joy and exasperation.
On behalf of the Mongolian State, I express my profound gratitude to the entire people of Mongolia, our companies, the wealth creators, for your tireless efforts to overcome the challenges of these trying times with minimum losses, for your shouldering and carrying the heaviest part of the burden by preserving jobs and making every endeavor to contribute to the development and prosperity of our motherland.
Despite the exigent geopolitical and geostrategic circumstances and situations, Mongolia’s foreign relations and economic cooperation have expanded. We successfully hosted and reciprocated a number of high and the highest level visits, which consolidated Mongolia’s international reputation and standing. In that respect, this passing year was of historical importance.
One of the clearest manifestations of this was the visit of H.E. Antonio Guterres, Secretary General of the United Nations, to Mongolia and his encouraging remark that “Mongolia was a symbol of peace in a troubled world”.
My dear countrymen Mongolians,
The passing year of 2022 was a year of legitimate demand of the young Mongolians that the people of Mongolia must be the owners of Mongolia’s natural assets, that accountability and justice must be established and consolidated in the society.
It is a fundamental value of a democratic society to listen to, sense and translate into reality the voice, desires and demands of its people.
Mongolians are a glorious people who implemented democratic changes and reforms in a peaceful way thirty years ago.
Consolidation of democratic achievements and success is a development process of constant prudence to rectify our mistakes, and reform and improve the way we work and live.
The Parliamentary democracy we chose is the guarantee and assurance of Mongolia’s independence, national security, development and prosperity.
Therefore, we must further strengthen the parliamentary governance to be able to resolve many issues and challenges that our country is facing.
We must never forget that justice restores people’s confidence, and citizen participation strengthens democratic values.
Over the past few years, the State and Government of Mongolia have undertaken a series of actions and fought a host of battles together with the Mongolian people to install social justice and ensure that Mongolia becomes a true owner of its assets.
Thus, we were able to reclaim plants, mines and deposits such as “Erdenet”, “MonRosTsvetMet”, “Baganuur”, “Bor-Undor”, “Khutul Cement”, “Asgat”, “Salkhit”, “Tost, Toson Bumba”, “Gutain Davaa”, “Kharmagtai”, “Noyon Uul” which were illegally appropriated, back for the ownership of the Mongolian state and people, thus eradicating theft and fraud. We revoked 938 illegally issued licenses, took 33 areas under state special protection, some of which were made into national parks under constant state protection.
We also were able to increase, in real terms, the dividends and returns the Mongolian people would earn from its asset Oyu Tolgoi.
In the same way, these days, the Mongolian state and government, our law enforcement organizations together with our people, are fighting to eliminate unlawful and illegal actions surrounding the Tavantolgoi coal mine, to bring about accountability, discipline, order and law.
We must continue our determined work to call forth people’s oversight over strategic deposits and state-owned enterprises, establish transparency, openness and accountability to enable the people to be the true owners of their legitimate assets.
I also consider it imperative for the State Great Khural and the Government to expeditiously create the necessary legal and regulatory environment for the Mongolian people to own a certain share and receive direct benefits from its natural resources.
To be the true owner of your motherland, in fact, means to be the true owner of its natural resources.
Dear citizens of Mongolia,
These days, the humankind is going through the toughest times since the end of the cold war. And at this turbulent time, the vitally important value that we, the Mongolians, must tightly embrace and honor is our national solidarity.
As our forefathers said, “a peace broken at a household makes the enemies rejoice”. Therefore, it is of utmost importance for us to foster peace and honor the right.
We, the Mongols, so few on earth, will prosper and develop all together, if we care for, love, support, protect and help each other.
The Great Chinggis Khaan taught that “two men with accord are strong as an iron fortress, twenty men with discord are weak as ashy ruins”.
Therefore, as we navigate ahead along our path toward prosperity and development, we must honor and uphold the wise teachings of our Great Khaan, preserve, safeguard and consolidate our freedom, independence and solidarity, rule out discord and confrontations and nourish accord and agreement.
At this auspicious moment of the turn of a New Year, I wish every family is filled with joy, with the laughter of children, with love and warmth of your beloved ones. I wish you a Happy New Year.
May the coming year of 2023 bring peace to our one blue planet, bring confidence, peace of mind, success, vigor and happiness to my fellow Mongolian people.
May Mongolia prosper and flourish under the Eternal Blue Sky!"
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Mongolia registers a record number livestock www.news.mn

Mongolia registered 71.1 million head of livestock, a record high since the nomadic country began a livestock animal census in 1918, said a senior expert of the National Statistics Office (NSO).
A preliminary result of the annual livestock census by the NSO showed that the number of livestock in 2022 increased by 3.8 million, or 5.6 percent, from the previous year.
Sheep accounted for 46.0 percent of all livestock, goats 38.8 percent, cattle 7.7 percent, horses 6.8 percent and camels 0.7 percent.
Mongolia is one of the world’s last surviving nomadic countries. The promotion of livestock husbandry is seen as the most viable solution to diversify the landlocked country’s mining-dependent economy.
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Mongolia to rebuild ancient capital of Kharkhorum www.news.mn

Mongolian President U.Khurelsukh issued a decree to rebuild the country’s ancient capital of Kharkhorum.
The move aims to create conditions for citizens to live in a healthy and safe environment, increase access to basic social services, reduce urbanization, ensure balanced regional development and restore the valuable historical and cultural heritage, noted the decree.
Kharkhorum was the capital of the Mongol Empire between 1235 and 1260 and of the Northern Yuan dynasty in the 14–15th centuries. Its ruins lie in the northwestern corner of the Uvurkhangai Province of modern-day Mongolia, near today’s town of Kharkhorin and adjacent to the Erdene Zuu Monastery, the probably earliest surviving Buddhist monastery in Mongolia. They are part of the upper part of the World Heritage Site Orkhon Valley.
Under Uguudei and his successors, Karakorum became a major site for world politics.
Kharkhorum is located in the territory of the central province of Uvurkhangai, more than 300 km west of the country’s current capital of Ulaanbaatar.
Ulaanbaatar, home to over half of the country’s 3.4 million population, has been facing such issues as traffic jam, air pollution and housing.
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Mongolia’s coal export exceeds 30 million www.news.mn

Mongolia has boosted coal exports to over 30 million tonnes this year. A total of 30,295,500 tonnes of coal have been exported since the beginning of 2022, which is 90% more than last year.
Frequent lockdowns along the China-Mongolia border due to COVID infections slashed Mongolia’s coal exports to 15.94 million tonnes last year, less than half of the normal levels of above 30 million tonnes between 2017 and 2020.
With COVID situation normalized and expected improved of logistics, coal-rich Mongolia boosted coal exports to China, its closest neighbor and the largest target market. Mongolia boasts proven coal reserves of 33.27 billion tonnes and geological resources of 173.5 billion tonnes. The country’s coking coal would have the most advantageous resources to compete with seaborne and Chinese domestic supplies in the Chinese market.
The railways connected with Chinese border crossings also helped lower logistics cost and increase competitiveness of Mongolian coal. Rail lines such as Tavantolgoi-Gashuunsukhait and Zuunbayan-Khangi commissioned in 2022.
Other planned rail lines like 1,255-km-long Artssuuri-Nariinsukhait-Shiveekhuren, which would connect Russia, Mongolia and China and may open route to coking coals of Gobi Altai, Bayan Khongor and South Gobi provinces. The 150km-long Choibalsan-Khuut line could help increase lignite coal exports.
Meanwhile, the quality of Mongolian coking coal is being improved with commissioning of coal washing plants. Total capacity of dry and wet processing has achieved over 60 million tonnes currently and may increase to over 100 million tonnes in coming years.
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National minimum wage rises to MNT 550 thousand www.montsame.mn

The decision of the National Tripartite Committee on Labor and Social Partnership to increase the minimum wage came into effect yesterday.
As a result, the salary of 73.2 thousand people, 9.7 percent of all social insurance premium payers, has increased from MNT 420.000 to MNT 550,000 or by 31 percent.
Furthermore, the National Statistics Office reported that 66.2 thousand employees who pay social insurance premiums have a salary of more than MNT 3 million.
 
 
 
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Export Performance of Mineral Products Reaches 108 percent www.montsame.mn

Between December 24-30, 1.011.5 thousand tons of coal were exported by 7.776 trucks, and 1.646 wagons across the border of Mongolia, which is six times higher amount than the same period of 2021.
In 2022, Mongolia exported a total of 30.295.5 thousand tons of coal. The figure shows the increase of 90 percent compared with the same period of 2021.
Copper: In 2022, 1.409.6 thousand tons of copper concentrate were exported, which is an 11.3 percent growth compared to the same period of 2021.
Iron ore: 10 trucks and 919 wagons, or a total of 4.607.2 thousand tons of concentrate were exported in 2022, which decreased by 35 percent from the same period of 2021.
Gold: The Bank of Mongolia has purchased 22.50 tons of gold as of the third week of December, 2022, which is a 9.4 percent increase compared to the same period of 2021, according to the Ministry of Mining and Heavy Industry.
The total export of mineral products averaged 108 percent. Specifically:
Coal 168.3%
Copper concentrate 116.2%
Iron 91.1%
Gold 112.5%
Petroleum 73.5%
Zinc 137.6%
Fluorspar 55.9%
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Mongolia warns of heavy snow, snowstorms www.xinhuanet.com

Mongolia's National Agency for Meteorology and Environmental Monitoring on Monday issued a warning of heavy snow and snowstorms in the eastern parts of the country.
The extreme weather is expected to hit areas such as Sukhbaatar, Khentii and Dornod provinces on Monday and Tuesday, said the weather monitoring agency in a statement, urging drivers and nomadic herders to take extra precautions against possible disasters.
It said at least 144 soums of 11 provinces of the nomadic country are likely to experience "dzud" or "near-dzud" conditions this winter.
Dzud is a Mongolian term to describe a severely cold winter when a large number of livestock die due to the ground being frozen or covered by snow.
Currently, about 70 percent of the Mongolian territory has been covered with a layer of snow up to 50 cm thick.
Mongolia's climate is typically continental with long and frigid winters. A temperature of minus 25 degrees Celsius is normal during winter. Unstable weather events have become common in the country throughout the year.
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Bell-ringing Ceremony Held to Issue IPO of MSE www.montsame.mn

The bell-ringing ceremony to issue the IPO of the Mongolian Stock Exchange (MSE) state-owned company was held today, December 26, 2022. Minister of Finance B. Javkhlan rang the bell and Chairman of the Financial Regulatory Committee Mongolia D. Bayarsaikhan, Head of the Government Agency for Policy Coordination on State property B. Tsengel, CEO of the MSE Kh. Altai and other officials attended the ceremony.
Emphasizing the MSE, fully state-owned since its inception in 1991, has been playing an important role in the history of the Mongolian financial sector over the past 30 years, B. Javkhlan, Member of the State Great Khural (Parliament) and Minister of Finance, stressed that a new historical era is coming with the development of the most optimal and bold model for the next ten years.
"In order to create the basic economic conditions and successfully implement the strategic development policies, the State Great Khural and the Government approved the the "Vision-2050”, long-term development policy of Mongolia. Thus, the creation of transparent and efficient companies with disciplined financial governance through public control and the work of reducing the state's share and participation by offering shares of state-owned enterprises to the public is being organized step by step.
B. Javkhlan: By trading the Mongolian Stock Exchange shares, public participation and control will increase in the market.
"We have successfully made the first step towards achieving our long-term development goal. The parliament made a policy decision that will have a great positive impact on the development and prosperity of Mongolia. This is the State Great Khural Resolution No. 16 to make a total of 25 state-owned companies and state-owned banks public within 2022-2023.” said B. Javkhlan.
During the bell-ringing ceremony, Kh. Altai, CEO of the Mongolian Stock Exchange said, "According to the law on state and local ownership, a person and his/her related parties cannot own more than 5 percent of the company when it changes from state-owned to public. Also, citizens with political affiliations cannot own shares. So, the Mongolian Stock Exchange is free from any political influence and there is no risk that any company will own its shares. This means that in the real sense, it is the beginning of the transition to public control. This is a major event in that the MSE meets international standards.”
Mr. D. Bayarsaikhan (Chairman of FRC Mongolia) indicated that "2022 was a productive year full of achievements for the capital market of Mongolia. In particular, the Banking Reform is being implemented successfully within the framework of the Amendments to the Banking Law. Systemically important banks including the State Bank and the Golomt Bank issued IPOs and raised MNT144.2 billion. The State Bank became the first open joint-stock company among systemically important banks, and its trade order exceeded 100% on the first day the stock was offered. Another important event that happened in the capital market this year is the 'Mainstream for the public trading of shares of state-owned legal entities in 2022-2023 through the exchange' approved by the Parliament."
"Accordingly, the MSE is planning to raise MNT11.9 billion by offering 34% of its shares to the public. In the meantime, the development of the Mongolian capital market began with the privatization of state property more than 30 years ago, and Mongolia shifted from a centrally planned economy to a free economy. The past 30 years have been a combination of successes and failures, and a constantly growing capital market with a value of MNT6.7 trillion was created. Privatization of state-owned companies not only improves the organization's efficiency, competitiveness, and governance but also promotes the national economy and financial market."
Finally, Mr. D. Bayarsaikhan highlighted that the FRC will pay attention to developing a multi-pillar and inclusive financial market promoting sustainable development.
 
 
 
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