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 needs to carry out budget and trade reforms” www.montsame.mn

Global Director of the World Bank Group's Macroeconomics, Trade and Investment Global Practice Marcello Estevao, who attended the ‘Mongolia Economic Forum-2022’ as an honorable guest, was interviewed about the current state of Mongolia’s economy and trade.
According to the report released by the World Bank, regional countries including Mongolia are able to overcome challenges through the budget and trade reforms. What reforms are necessary to be made?
-Budget and trade reforms are a must. However, it is difficult to solve this problem in Mongolia today. Although the pandemic situation is calming down, the country faces new difficulties caused by the Russia-Ukraine crisis. Furthermore, the continued border closure with China negatively affects the Mongolian economy. I hope that the situation will get better soon. Regardless of the situation, the reforms are required to be made.
-How to make the economy more accessible to society in the current situation?
A key to making the economy more accessible is to maintain the economic growth as much as possible. It is important to ensure economic growth continuously. Economic accessibility is connected to export and foreign trade. Making efforts for reviving the economy will minimize economic dependence on other external factors. Support should be provided only to target group of the society.
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Largest land port on China-Mongolia border sees robust export growth www.news.mn

The freight transport export volume at the land port of Erenhot in north China’s Inner Mongolia Autonomous Region increased by 41.4 percent year on year to 642,000 tonnes in the first quarter of this year during which the port logged 734 China-Europe freight trains, up by 25.7 percent year on year, said Yun Zhijun, director, Erenhot station’s dispatch desk.
Fifty seven China-Europe freight train routes pass through the Erenhot port, the largest land port on the China-Mongolia border.
China has implemented a strict and extreme policy that includes strict lockdowns, mass testing and mandatory quarantine in state facilities. Mongolia is also suffering because of China’s COVID policy. Coal trucks hauled from Mongolia through Inner Mongolia’s Ganqimaodu border port have nose-dived after fresh COVID-19 cases were reported in the region. The number of daily coal trucks from Mongolia to Ganqimaodu fell below 100 on 7 December, 2021, down from 300 per day in the week ended 3 December.
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TMK Energy intersects gassy coal in Mongolia www. naturalgasworld.com

Sydney-listed TMK Energy, formerly Tamaska Oil and Gas, has intersected 44 m of gassy coal in the upper coalbed in the first well, Snow Leopard – 1, of its maiden drilling programme within the Nariin Sukhait area of the Gurvantes XXXV CBM project in Mongolia.
Gas desorption measurements from the 36 individual desorption samples collected to date are ongoing, however, preliminary results indicate that the coalbed has high gas content and high gas saturation, the company said.
Following completion of Snow Leopard-1, a further three core holes spaced approximately 3.5 km apart are expected to be drilled and tested over the next three to four months. On completion of the drilling programme, the resulting data is expected to enable TMK to convert a portion of the independently certified 5.96 trillion ft3 gross prospective resources into a maiden contingent resource for the Nariin Sukhait area in 2H 2022.
The drilling programme is being funded by TMK’s joint venture partner Talon Energy under an existing $4.65mn two-stage farm-out agreement executed in February last year. Initial funding of $1.5mn is allocated to the current four-well drilling and testing programme. The second stage of funding, being $3.15mn, is currently budgeted towards the pilot well programme being planned for later this year, should the project move into the second stage of the farm-out, TMK said.
The Gurvantes project covers an area of 8,400 km2 and is situated around 20 km from the Chinese-Mongolian border and close to the northern China gas transmission and distribution network. TMK earlier this year completed the acquisition of Telmen Energy, which held a 100% interest in the Gurvantes XXXV project.
BY: SHARDUL SHARMA
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Mongolia's population projected to reach 4 mln in 2033 www.xinhuanet.com

April 11 (Xinhua) -- Mongolia's population is expected to reach 4 million in 2033 and 5 million in 2048, the country's National Statistics Office (NSO) said Monday.
The updated projections for the population growth were based on the 2020 National Population and Housing Census, the NSO said in a statement.
Mongolia, with a land area of 1,564,116 square km and a population of about 3.4 million, is the most sparsely populated country in the world.
According to the NSO, the country's population reached 1 million in 1962, 2 million in 1988, and 3 million in 2015.
In addition, the median age of the Mongolian population was 27.9 at the end of 2020 and is expected to increase to 30.6 by 2050, it said.
In the Asian country, the average life expectancy is 70.8 years for women and 60.6 years for men, and the government aims to reduce the gap to five years by 2024, according to the country's health ministry.
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Mongolia confirms 15 new COVID-19 infections www.akipress.com

Mongolia's health ministry confirmed 15 new COVID-19 infections on April 11.
8 new cases were recorded in Ulaanbaatar, 7 cases were detected in the regions.
No new related deaths were recorded in the past day, and the country's COVID-19 death toll remains at 2,108.
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President suggests to amend budget if necessary www.montsame.mn

Today, April 11, President U.Khurelsukh met with Speaker of the Parliament G.Zandanshatar, Prime Minister L.Oyun-Erdene and members of the government and Parliament.
At a time when the world countries have been battling the pandemic for two years, international geopolitical issues have arisen. Consequently, oil prices have doubled and grain and vegetable prices have risen by 30-40 percent at world markets. Therefore, the Parliament and Government need to coordinate their works and amend state budget if necessary, emphasized the President.
He stressed that It is vital to pay special attention to the reduction of prices of energy, oil, consumer goods and food products, and the performance of spring cultivation to meet domestic food needs.
“Today, you have to discuss whether to amend the budget. People must be informed of the truth about the situation. All unnecessary expenses and investments need to be cut out. The whole world is in a very difficult situation. Therefore, it is necessary to pay attention to the demand made by the people and make an urgent decision. The recent two years have shown us that Mongolia needs to meet its domestic food needs, be a fuel producer and have an energy source. Mongolia needs to become an economically independent country.”
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Zinc-air batteries get solar energy makeover www.mining.com

Researchers at the Korea Institute of Science and Technology (KIST) developed a technology to improve the electrochemical performance of zinc-air batteries by utilizing solar energy.
Zinc-air batteries, which produce electricity through a chemical reaction between oxygen in the atmosphere and zinc, are considered to be next-generation candidates to meet the explosive demand for electric vehicles instead of lithium-ion batteries.
The devices theoretically meet all required characteristics for next-generation secondary batteries, such as high energy density, low risk of explosion, eco-friendliness, and low cost of materials.
The battery developed at KITS utilizes a photoactive bifunctional air-electrocatalyst with a semiconductor structure with alternating energy levels, which significantly improves the rates of oxygen reduction reaction (ORR) and oxygen evolution reaction (OER) that generate electricity. The photoactive bifunctional catalyst is a compound that accelerates chemical reactions by absorbing light energy and has an improved light absorption ability than conventional zinc-air battery catalysts.
Zinc-air batteries get solar energy makeover
Schematic preparation and TEM images with elemental distributions in the red rectangle marked area for CZ.(Image courtesy of KITS).
In a zinc-air battery that uses metal and air as the anode and cathode of the battery, OER and ORR must be alternately performed for electrical energy conversion of oxygen as the cathode active material. Therefore, the catalytic activity of the positive electrode current collector, made of carbon material, is an important factor in determining the energy density and overall cell efficiency of zinc-air batteries.
Accordingly, the research team focused on the p-n heterojunction, the basic structural unit of solar cells and semiconductors, as a measure to improve the slow catalytic activity of zinc-air batteries. The goal was to accelerate the oxygen production-reduction process by using the interface characteristics of semiconductors in which electron movement occurs. To this end, a cathode material with a heterojunction bandgap structure was synthesized, with an n-type semiconductor.
In addition, an experiment was conducted under real-world conditions without light in order to confirm the commercial potential of the photoactive bifunctional catalyst with a p-n heterojunction structure with alternating energy levels. The prototype battery showed an energy density of 731.9 mAh gZn-1, similar to the best performance of the existing zinc-air battery.
In the presence of sunlight, the energy density increased by about 7% up to 781.7 mAh gZn-1 and it showed an excellent cycle performance of 334 hours, 1,000 cycles, the best among known catalysts.
“Utilization of solar energy is an important part not only in improving the electrochemical performance of secondary batteries but also in realizing a sustainable society,” lead researcher Joong Kee Lee said in a media statement. “We hope that this technology will become a catalyst that stimulates the development of new convergence technologies in semiconductor physics and electrochemistry, in addition to solving the difficulties of metal-air batteries that are emerging as an alternative to lithium-ion batteries.”
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Russia ups wheat export tax to historic high www.rt.com

Russia has hiked up the tax on wheat exports to $101.4 per from April 13 to 19, the country’s Ministry of Agriculture announced on Friday.
This is the first time Russia has raised its wheat export duty to over $100, media reports. The levy has been on the rise for four weeks in a row after dropping for nine weeks prior to that.
The ministry also raised the export tax on barley and corn to $75.4 and $70.6 per ton, respectively.
According to Alexander Korbut, the vice president of the Russian Grain Union, Russian grain export duties are likely to grow further.
“They rose both on geopolitical risks and on the awry situation with the state of winter crops in the United States. Although the situation seems to be improving now and prices are gradually falling, any radical decline is unlikely [and] we are approaching export prices of $400 per ton. Therefore, it is quite natural that the duty will be significantly higher than the current one,” he told the Interfax news agency.
Wheat prices soared to multiple-year highs last month amid fears of a possible disruption in grain supplies due to Russia’s ongoing military operation in Ukraine. Both countries are the globe’s major wheat suppliers, accounting for about 30% of global exports.
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Cabinet approves signing of Bilateral MoU between SEBI and Financial Regulatory Commission, Mongolia www.scconline.com

On April 08, 2022, the Union Cabinet has approved the proposal for signing a bilateral Memorandum of Understanding (MoU) between Securities and Exchange Board of India (SEBI) and Financial Regulatory Commission, Mongolia (FRC).
Major impact:
FRC, like SEBI, is a co-signatory to International Organization of Securities Commissions’ Multilateral MoU (IOSCO MMoU). However, the IOSCO MMoU does not have under its scope the provision for technical assistance. The proposed bilateral MoU would, in addition to contributing towards strengthening the information sharing framework leading to effective enforcement of securities laws, also help in establishing a technical assistance programme. The technical assistance programme would benefit the Authorities by way of consultations on matters relating to capital markets, capacity building activities and training programmes for the staff.
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Russia eases rules on foreign currency www.rt.com

The Bank of Russia is lifting temporary capital control measures that banned individuals from buying foreign currency, the central bank said in a statement on its website on Friday.
Starting April 18, Russian citizens will once again be allowed to buy foreign currency at banks, as well as withdraw funds from their foreign currency accounts in both US dollars and euros up to $10,000 or its equivalent in euros, while amounts above this limit can be withdrawn in rubles. This limit is in place until September 9. The central bank noted that banks are only allowed to sell foreign currency banknotes that they received after April 9, 2022.
The regulator also scrapped the previously introduced 12% commission for buying hard currency through brokerages.
Last month, Russia placed restrictions on buying and withdrawing foreign currency to stem the drop in the ruble, which slid to historic lows after a number of Western nations slapped Russia with sanctions in retaliation for Moscow’s military operation in neighboring Ukraine.
However, the national currency strengthened significantly over the past week after Russia unveiled a new ruble payment mechanism for natural gas exports. Also helping the ruble regain ground were the central bank’s restrictions on buying forex and a requirement that exporters convert to rubles 80% of their foreign currency revenues. On April 8, the Russian currency reached its strongest level against the US dollar since November 2021, at 72 rubles to the dollar, and broke below 78 rubles to the euro for the first time since the summer of 2020.
Apart from easing capital control measures, the Bank of Russia also cut its key rate on Friday to 17%, following a recent unprecedented hike to 20%. The central bank explained that the emergency steps taken to support the country’s economy throughout the past month had been successful. According to VTB Capital analysts, this week’s moves by the regulator are likely to further reduce volatility in the ruble.
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