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    

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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 issues e-visas to 92,427 foreigners in 2024 www.xinhuanet.com

A total of 92,427 foreigners from various countries and regions were granted Mongolian electronic visas in 2024, marking an increase of 2.9 times year on year, local media reported on Wednesday, citing Mongolia's immigration agency.
During this period, the agency issued 25,720 residence permits in Mongolia and extended 40,922 residence permits. The residence permit issuance increased by 9.2 percent compared to the previous year.
Currently, Mongolia's economy relies most heavily on the export of mineral resources. Tourism promotion is considered one of the priorities for diversifying the country's economy and increasing the competitiveness of its tourism in the context of global competition.
In view of this, the Mongolian government has decided to continue the "Years to Visit Mongolia" tourism program until 2028.
Mongolia launched the e-visa system on Oct. 1, 2021. Currently, foreigners from 99 countries and regions entering Mongolia for guest, business or tourist purposes can obtain e-visas.

 

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11 killed in road accidents in Mongolia in five days www.xinhuanet.com

A total of 11 people were killed and 41 others injured in road accidents in Mongolia in five days, the country's traffic police department said Thursday.
"More than 50 percent of the nation's 11 traffic fatalities occurred in rural areas during the five-day holidays of the Mongolian Lunar New Year, commonly known as Tsagaan Sar or the White Moon festival," the department said.
Road accidents in the country happen more often during winter and vacation seasons due to the dramatically increasing number of people who travel to the countryside, said the department, urging drivers to strictly comply with road traffic regulations to protect themselves and their loved ones.
In 2024, 21,485 road traffic accidents were recorded across Mongolia, killing 83 people and injuring 1,528 others, according to the traffic police department.

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Government to Urgently Submit Draft Law to Ban Online Gambling www.montsame.mn

During its regular session on March 6, 2025, the Cabinet of Mongolia decided to submit a draft Law to Amend the Law on Permits to ban betting, gambling, and online gambling except sports betting to the State Great Khural urgently.
Minister of Mongolia, Chief Cabinet Secretary Uchral Nyam-Osor noted, “According to a survey conducted by the National Statistics Committee, 200 economic crimes were registered in 2023, amounting to a loss of MNT 417.2 billion as of 2024. Mainly young people aged 18-39 were involved in these crimes. Financial investigation data shows that MNT 1.7 trillion or USD 500 million have been transferred from Mongolia to foreign countries. Although the Communications Regulatory Commission has restricted access to 6,000 domain addresses that conduct online gambling, these sites have changed their links and are still operating. Moreover, the Antimonopoly Agency has imposed fines on law-breaking enterprises, but according to the laws in force, the penalty amounted to just MNT 13 million. Therefore, we are going to amend the relevant laws to ban such activities.”

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Revenue from Natural Resource Utilization Fees Increased www.montsame.mn

In the 2024 fiscal year, revenue from natural resource utilization fees increased by MNT 30.6 billion from 2023, reaching a total of MNT 283.9 billion.
According to the law, revenues from fees for forest, wildlife, plants, and land use by individuals, businesses, and organizations are allocated to the local budget. These funds are legally mandated to be used for environmental protection and restoration measures.
Under the Resolutions passed by the Governor's Offices and the Citizens' Representative Khurals of the Capital City, aimags, soums, and districts in 2024, MNT 72.5 billion was allocated for environmental protection and natural resource restoration measures as stipulated by the Natural Resource Utilization Fee Law. However, according to the year-end financial report for 2024, MNT 47.3 billion, or 64.3 percent, was utilized.
According to the Ministry of Environment and Climate Change of Mongolia, the total revenue from natural resource utilization fees consists of:
Land use fees: MNT 162.2 billion
Water resource fees: MNT 86.9 billion
Forest resource fees: MNT 20.04 billion
Wildlife resource fees: MNT 14.3 billion
Plant resource fees: MNT 363.7 billion
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New Road Construction and Upgrades in Ulaanbaatar for 2025 www.montsame.mn

In 2025, Ulaanbaatar City plans to construct new roads in 10 locations and upgrade roads in 41 locations.
In 2024, a total of 137.1 kilometers of roads were renovated across Ulaanbaatar, which is 10 times the average length of roads built over the past decade. With the declaration of 2025 as the “Year of Construction,” Ulaanbaatar City is focused on projects aimed at improving air and environmental quality, reducing traffic congestion, and enhancing the quality of life for its residents.
Notably, Ulaanbaatar plans to construct an 800-meter bridge connecting Naadamchdiin Street to the First Microdistrict, as well as new roads from Tonyukuk Road to the Playtime Tourism Complex, and roads leading to the centralized waste disposal sites at Moringiin Davaa and Tsagaan Davaa.
As part of the city’s mega projects for urban development, the feasibility study for the First Ring Road is underway. A tender will be announced in June of this year to select a contractor for the construction work, which is scheduled to begin in August. Additionally, the tender has been announced to select the contractor for the Tuul Highway Project, with construction expected to start by April 2025. This Project will include tasks such as laying asphalt concrete pavement, raising manhole covers, installing new drainage systems, and replacing guardrails.
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Ch.Bolortuya: Prime Minister's spouse and children reside in Mongolia www.gogo.mn

Recent social media speculation has suggested that Prime Minister L.Oyun-Erdene's children live abroad with their mother. Addressing these claims, Ch.Bolortuya, the Prime Minister's spokesperson, issued an official statement. 
According to Ch.Bolortuya, Prime Minister L.Oyun-Erdene is married to B.Tuul, his former classmate from secondary school. The couple resides in Mongolia with their three children. Since their youngest child is still very young, B.Tuul is currently at home taking care of them. Ch.Bolortuya dismissed the rumors that the Prime Minister’s family is living in England.

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Signing and Exchange of Notes on “the Economic and Social Development Programme” to Mongolia www.mofa.go.jp

On March 4, 2025, in Tokyo, H.E. Mr. IWAYA Takeshi, Minister for Foreign Affairs of Japan and H.E. Ms. Batmunkh Battsetseg, Minister for Foreign Affairs of Mongolia signed and exchanged notes concerning two grant aid projects for the Economic and Social Development Programme.The outline of each project is as follows:
1. Grant Aid for the Provision of Equipment for Monitoring Air Pollution “the Economic and Social Development Programme” (275 million yen)
In Ulaanbaatar, the capital of Mongolia, air pollution from sources such as thermal power plants, coal stoves in ger districts, and yellow sand is a serious problem, and there are concerns about its impact on the health of the city's residents. This project will provide air pollution measurement equipment to provide citizens with appropriate air pollution information.
2. Grant Aid for the Provision of Sewerage Management Equipment “the Economic and Social Development Programme” (270 million yen)
Since the city of Ulaanbaatar is required to maintain stable urban functions,this project will provide related equipment to improve the sewerage system.
(Reference)Basic Data on Mongolia
Mongolia has an area of approximately 1,564,100 square kilometers (approximately four times the area of Japan), a population of about 3.5 million people (2023, the National Statistics Office of Mongolia), and a gross national income (GNI) per capita is 4,950 USD (2023, World Bank).

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Sa’ar appoints new ambassadors to China, Mongolia, Poland, Myanmar www.timesofisrael.com

Foreign Minister Gideon Sa’ar approves the appointments of three new Israeli ambassadors, including a key post to China, says his office.
Eli Belotserkovsky, a former ambassador to South Africa and Ukraine, is appointed as ambassador to China and nonresident ambassador to Mongolia. In November 2023, Belotserkovsky was recalled from South Africa following that country’s call to arrest Prime Minister Benjamin Netanyahu. He has also served as chargé d’affaires at the Israeli Embassy in Russia.
Yaakov Finkelstein is appointed as ambassador to Poland. He currently serves in the Foreign Ministry’s Europe Division and has previously served as consul general in Mumbai.
Oren Bar-El is appointed as ambassador to Myanmar. He currently serves in the ministry’s Public Diplomacy Division and was formerly ambassador to Costa Rica.
The appointments will be presented by Sa’ar to the relevant committees and the full government, the Foreign Ministry says in a statement.

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PDAC: Canada, Australia risk falling behind in investment race, BHP boss says www.mining.com

Canada and Australia could trail emerging mining nations such as Argentina if their governments don’t speed up permitting and lower costs, BHP (NYSE, LSE, ASX: BHP) CEO Mike Henry warned.
Countries such as the United States, Argentina and Saudi Arabia are making “sizeable” efforts to reform their mining sector and attract capital, Henry said Sunday in Toronto. At the same time, established natural-resource powerhouses such as Canada and Australia have seen their global attractiveness erode.
Henry’s comments come as the US administration of President Donald Trump looks to spur domestic production of critical minerals in part by overhauling permitting requirements. According to a June 2024 report by S&P Global, the US has the second-longest average development times in the world of the 23 countries they evaluated.
“Just as is the case for business, nations need to remain competitive on the global stage or they will be left behind in the race for metals and minerals investment programs,” Henry said in a speech and subsequent question and answer session at the annual Prospectors & Developers Association of Canada conference. “The competitive landscape isn’t static.”
Benchmarking
If a country isn’t constantly benchmarking, “it runs the risk of falling behind,” added Henry. “Once capital mobilizes in one direction, sometimes it can be quite hard to mobilize in the other direction.”
Permitting delays are a key irritant for miners. New mines in Australia and Canada typically take from 10 to 15 years to get built, compared with as few as five years in a country like Chile, Henry said.
Although Canada possesses many advantages, including plentiful natural resources and a strong ecosystem that includes engineering firms with mining experience, the country is no longer as attractive to foreign investment as it once was, the Canadian-born Henry said.
Canada’s competitiveness has dropped from eighth to 19th in the past four years in the World Competitiveness Yearbook published by the Switzerland-based International Institute for Management Development, and the country needs a renewed reform agenda to bolster mining competitiveness, he said.
Issues in Australia include electricity prices that are about 50% higher than in the US and combined tax and royalty levels that are “simply uncompetitive for capital,” Henry said. To make matters worse, the country has limited reserves of “future-facing commodities” like copper, nickel or lithium, he added.
“Australia can no longer rely as heavily on its geological advantages but instead must exercise its policy muscles to improve competitiveness,” he said. “It needs to confront the fact that productivity growth is sluggish across the broader economy and has fallen in the mining sector across the past two decades.”
‘Can-do’
As a result, policymakers “need to examine the entire set of policy and regulatory settings and ask whether they are making the country more or less competitive globally,” the BHP CEO added.
It’s a different story in the US, where multiple initiatives are under way to expand mining output. Henry spent last week in Washington to meet with US lawmakers and says he came away encouraged by the “can-do, make-it-happen attitude” in his meetings.
Compared with Canada and Australia, “other countries are mobilizing a more urgent effort and have higher ambitions around this. That includes the US, who’s currently behind the curve but could very well end up being far ahead of the curve if they carry through with some of their current intent,” he said.
Henry is also optimistic about Argentina, given its reserves of copper, gold and lithium. In copper alone, projects representing about 1.2 million tonnes of annual output are in the pipeline, with “much more to come,” he said.
BHP and Canada’s Lundin Mining (TSX: LUN) recently closed the $4.1 billion acquisition of Argentina’s Filo Corp as part of an increased focus on copper. BHP’s contribution was about $2 billion, Henry said.
“Argentina could very well become a top 5 copper producer,” Henry said. “Argentina is serious about competing globally,” he said. “They know they need to attract capital to make it happen and they are focused on unlocking the opportunity. Our sector is taking notice.”
Reforms
Since taking office in December 2023, Argentinian President Javier Milei has taken steps to make the country more attractive for mining investment, primarily by pursuing deregulation, reducing inflation, and improving economic stability.
Last year, the Milei administration introduced the Incentive Regime for Large Investments, offering 30-year tax, trade, and foreign-exchange benefits for projects investing at least $200 million in sectors such as mining.
The reforms have attracted some large investments: In December, Rio Tinto (NYSE, LSE, RIO, ASX: RIO) announced a $2.5 billion investment to expand its Rincon lithium project. This development is expected to position the country as a leading lithium producer.
Canada’s First Quantum Minerals (TSX: FM) plans to invest $3.6 billion in the Taca Taca copper project in Salta province. If realized, this could elevate Argentina into the top 10 global copper producers.
Having abandoned attempts to acquire Anglo American (LSE: AAL), BHP is busy pivoting to organic growth. Up to $10 billion is being spent on Chile’s Escondida, the world’s largest copper mine, in which Rio Tinto has a 30% stake.
Urbanization and growing electrification are two of the reasons the use of critical minerals is projected to soar in the coming decades. Copper, for one, is facing a 70% increase in demand by the middle of the century, Henry said. Some $250 billion will be needed over the next five to 10 years to keep pace with the surging appetite for metals, BHP forecasts.
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Japan to give Mongolia $3.7 million grant aid for infrastructure www.mainichi.jp

Japan on Tuesday promised 545 million yen ($3.7 million) in grant aid to Mongolia to help improve the infrastructure of the strategically key nation sandwiched between China and Russia.
Foreign Minister Takeshi Iwaya and his Mongolian counterpart Batmunkh Battsetseg signed related documents after their talks in Tokyo, where they reaffirmed continued collaboration on the issue of Japanese abductees taken by North Korea in the 1970s and 1980s.
"It has become more important for Japan and Mongolia to step up cooperation as special strategic partners for peace and prosperity," Iwaya said at the meeting. Battsetseg called boosting relations with Japan "one of the top priorities" of her nation's foreign policy.
The Japanese Foreign Ministry said 275 million yen will be provided to deliver air pollution monitors, while 270 million yen will be earmarked for equipment to develop the sewerage system.
Japan has been beefing up defense and economic ties with Mongolia, a landlocked country heavily dependent on China and Russia in terms of trade and energy, in recent years.
Japan has decided to provide the Mongolian military an air traffic control radar system worth 1.3 billion yen in the first provision under Tokyo's "official security assistance" program launched in 2023 to support like-minded states.
Mongolia, which maintains a friendly relationship with North Korea, has served as a mediator over the abduction issue. Tokyo and Pyongyang have no diplomatic ties.

 

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