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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Mutual travel between Mongolia and Russia resumes from March 29 www.montsame.mn

On March 29, the Government of the Russian Federation approved a resolution which allows both countries’ people to travel through the Mongolian-Russian border ports.
Citizens have been allowed to travel through the auto road border crossings from midday today, March 30, following a note that was received by the Ministry of Foreign Affairs from the Embassy of the Russian Federation in Mongolia.
In order to travel to Russia, Mongolian citizens will be required to have a negative PCR test taken within 48 hours before crossing the border, reported the Embassy.
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Rail connects Chinese goods with the world www.global.chinadaily.com.cn

China's largest railway port on the border with Mongolia has seen a significant rise in international freight train services over the past decade, boosting connectivity between China, Mongolia and Central European countries.
By this month, Ereenhot Port in North China's Inner Mongolia autonomous region, the largest land port on the China-Mongolia border, had facilitated more than 9,000 China-Europe freight trains since the first such train passed through in 2013.
Over the past 10 years, the port has witnessed a rapid increase in China-Europe freight trains.
In 2013, only two such train services were facilitated, while last year, the port saw 2,739 trains pass through. There are 57 routes connecting more than 50 cities in 22 regions in China and 44 stops in nine countries.
The trains have played an important role in smooth logistics and the stable supply of anti-epidemic materials for China and countries along the routes.
With the expansion of the China-Europe freight train network, agricultural and industrial products from all over China can be transported on outbound trains to be sold abroad. The inbound trains carry overseas goods, such as German beer and French wine, to China, benefiting Chinese consumers.
In addition to commodities and food, exports of high-value-added products, such as automobiles, motorcycles and solar photovoltaic modules, have also increased.
To increase efficiency, the railway port has improved its services by building a "smart border inspection platform", offering customs clearance 24 hours a day and carrying out contact-free inspection in accordance with epidemic control protocols.
"The station has launched a series of facilitation initiatives such as priority inspection for China-Europe freight trains and special channels for epidemic prevention materials," the station's director, Amgalan, said. "Abiding by epidemic control protocols, we make every effort to ensure the safe and efficient passage of China-Europe trains and to boost the high-quality development of the economy in the border area."
The 500th China-Europe freight train this year passed through the port on March 1, hitting that mark 18 days earlier than last year.
China State Railway Group has said a new national railway schedule will be operated from April 8, with more China-Europe freight train services scheduled to better serve international supply chains and improve high-quality opening-up.
By January, there had been more than 50,000 China-Europe freight train trips through all border ports.
The value of goods transported by the cargo services has skyrocketed from $8 billion in 2016 to $74.9 billion last year, an increase of more than 9 times, according to the group.
 
 
 
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Mongolia records 85 new COVID-19 cases www.xinhuanet.com

March 30 (Xinhua) -- Mongolia reported 85 new COVID-19 cases in the last 24 hours, raising the national tally to 469,282, the country's health ministry said Wednesday.
Meanwhile, no new related deaths were recorded in the past day, leaving the death toll unchanged at 2,108.
Life has essentially returned to normal in Mongolia due to high vaccination coverage and declining daily infections, with less than 100 cases registered countrywide since mid-March.
Almost 67 percent of the country's population of 3.4 million has received two COVID-19 vaccine jabs, 1,032,361 people have received a third dose and nearly 115,000 have received a voluntary fourth shot.
The Asian country has resumed in-person classes for all educational institutions and fully opened its borders to foreign tourists, who are no longer required to have a polymerase chain reaction test or be quarantined.
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Rio Tinto secures lithium project in Argentina www.mining.com

Rio Tinto (ASX, LON, NYSE: RIO) has completed the acquisition of the Rincon lithium project in Argentina for $825 million, following Australia’s Foreign Investment Review Board (FIRB) approval of the transaction.
The world’s second-largest miner saw its lithium ambitions partially crushed in January after Serbia revoked Rio Tinto’s licence for the $2.4 billion Jadar project over environmental protests.
The Argentinean asset could help the company reignite its plans and strengthen its portfolio for the global energy transition.
Rincon is a large undeveloped lithium brine project located in the heart of the lithium triangle in Argentina’s Salta Province, an emerging hub for greenfield projects.
The company said the asset, a long-life, scaleable resource, had the potential to have one of the lowest carbon footprints in the industry.
“Rincon strengthens our battery materials business and positions Rio Tinto to meet the double-digit growth in demand for lithium over the next decade, at a time when supply is constrained,” chief executive Jakob Stausholm said in the statement.
A July 2021 resource estimate of Rincon lists measured and indicated resources of lithium carbonate equivalent at 5.8 million tonnes, as well as inferred resources at just under 6 million tonnes.
The project has reserves of almost 2 million tonnes of contained lithium carbonate equivalent, sufficient for a 40-year mine life.
Rincon will use a direct, low-cost extraction technology that has the “potential to significantly increase lithium recoveries” compared to solar evaporation ponds, Rio said, adding that a pilot plant was currently running at the site.
The company also said that market fundamentals for battery grade lithium carbonate were strong, with lithium demand forecasted to grow 25-35% a year over the next decade. EV sales are on track to hit up to 55% of the world’s total light vehicles sales as early as 2030, reaching about 65 million units.
This means, Rio has said, that manufacturers would need about three million tonnes of lithium per year, compared with the roughly 350,000 tonnes they consume today.
Rio Tinto estimates that committed lithium supply and capacity expansions will contribute only about 15% to demand growth over the 2020-2050 period. The remaining 85% would need to come from new projects.
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Kinross in negotiations to sell Russian mines www.mining.com

Canada’s Kinross Gold Corp (TSX: K; NYSE: KGC) has entered exclusive negotiations with an unnamed third-party mining company after receiving several proposals to sell all its Russian assets.
As part of the exclusivity agreement, Kinross’ Russian subsidiaries will continue to operate the Kupol mine and other assets to maintain them properly.
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Kinross noted in a media release Tuesday afternoon that any potential divestiture or change of control would have to receive Russian government approval.
Kinross will also continue to manage and mitigate the environmental impacts of its Russian operations. This includes overseeing monitoring systems and transporting industrial materials to the Kupol mine that are not allowed to remain at the port to maintain safety and regulatory compliance.
Kinross said it would continue to prioritize the well-being of its more than 2,000 employees in the country as it developed its transition plan.
Kinross will not benefit financially from the Russian operations while the transition plan is finalized. According to Kinross, current activities will be funded through resources already in-country, with no additional investment required by the parent company.
Kinross said it would suspend its Russian operations this month, including the Udinsk development project and Kupol mine. Kinross expects to treat its Russian business as an asset held for sale from an accounting perspective until a change of control is completed.
Several companies with exposure to Russia are taking steps to comply with sweeping Western sanctions against Moscow over its invasion of Ukraine.
Anglo-Australian miner Rio Tinto (LSE: RIO) also said it is cutting ties with Russian businesses, while miner Glencore (LSE: GLEN) sold its stake in Russia’s Russneft in February.
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Mongolia’s import from India reaches USD 30 million www.montsame.mn

Mongolia-India cooperation meeting themed ‘Expanding 3T Horizons for India and Mongolia – Trade-Technology-Tourism’ was held at the Mongolian National Chamber of Commerce and Industry (MNCCI) on March 25, 2022
The meeting was attended by Ambassador Extraordinary and Plenipotentiary of the Republic of India to Mongolia M.P. Singh, former Ambassador Extraordinary and Plenipotentiary of Mongolia to the Republic of India G.Ganbold, other relevant officials, and business representatives.
In his opening remarks delivered at the meeting, MNCCI President O.Amartuvshin emphasized the great potential that the two countries have for trade and economic cooperation in the fields of oil, tourism, pharmaceuticals, and information technology.
Mongolia imports a variety of medicine, pharmaceuticals, animal vaccines, tea, sugar, telecommunications equipment, and trucks from India. The import reached USD 30 million last year. On the other hand, Mongolia mainly exports minerals such as coking coal, fluorspar, copper concentrate, iron ore, and uranium, which totaled about USD 200 thousand in 2021.
The meeting focused on bilateral relations, non-mining cooperation, traditional medicine trade, and tourism and hospitality services. The sub-meeting on tourism touched upon the health and religious tourism between the two countries, while the education meeting focused on education opportunities in India, the Indian Technical and Economic Cooperation (ITEC), and the Council for Cultural Relations (ICCR) scholarship program.
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Digitalization process for customs organization is currently at 80-90 percent www.montsame.mn

Ahead of the Mongolian Economic Forum 2022, discussions are taking place on six main topics for the ‘New Revival Policy’ being implemented by the Government of Mongolia.
Deputy Minister of Finance of Mongolia S. Mungunchimeg was interviewed during the discussion ‘Revival of Border Ports’ organized on March 28.
-The Ministry of Finance has announced that it would submit the bill on Public-Private Partnerships to the Parliament. What other laws related to business and economy will be revised?
-According to the preliminary estimation, MNT100-120 trillion will be required to implement development projects as part of the ‘New Revival Policy’. Such a large investment in the projects will be made by the international donors and foreign and domestic investors based on the partnerships of private sector. Thus, the Ministry is now ready to submit the bill on public-private partnership as well as the revised bill on tenders to the Parliament.
-Customs reforms have started in our country 2-3 years ago through the projects being implemented by the World Bank and other international organizations. What is the progress of the reform as of today?
Currently, the digitalization process for customs organization runs at 80-90 percent. The operations of the border professional inspection and customs have been united in order to harmonize operations of four organizations, eliminate the duplication of functions and facilitate trade.
-As for border port development, what works have been made so far?
Construction works are being carried out at border checkpoints of our country through the soft loan and non-refundable aid from China. Due to the COVID-19 pandemic, the progress of the works has slowed down, thus the construction work at Zamyn-Uud border checkpoint is currently at 60-70 percent. As for other border checkpoints bordering Russia, the construction works are being made with the ADB’s soft loan. Furthermore, construction works will begin to establish two or three new ports, including Khangi, to create an export gateway. It will become possible to recover tourism industry once the pandemic situation eases.
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Fund established to support ‘One Billion Trees’ initiative www.montsame.mn

A fund was established today to support the ‘One Billion Tree’ national movement, initiated by the President of Mongolia.
The establishment of the fund is significant to open up opportunities to create a structure and system to provide sustainable financing for afforestation, tree planting, and other environmental activities. It was informed that the member organizations of the Mongolian Bankers Association (MBA) will contribute at least MNT 2 billion annually. In addition, green loans in the banking sector will be increased to 10 percent by 2030, and MNT 5.2 trillion will be disbursed.
The fund will be raised by donations from banks, non-bank financial and business organizations, and individuals, and its Board will discuss and approve projects and programs to support. The Board consists of the MBA, Association of Non-Bank Financial Institutions, representatives of other donors, and independent members.
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Bangladesh vs Mongolia match ends in goalless draw www.businessinsiderbd.com

The friendly match between Bangladesh and Mongolia ended in a goalless draw on Tuesday at Sylhet District Stadium in Sylhet.
Bangladesh dominated the match but they missed some real opportunities. In the 41st minute, Suman Reza’s shot hit the post. Otherwise the hosts left the field with a victory.
In the first half, Reza got a chance from the six yard box but couldn’t convert that into a goal.
In the 61st minute of the match, defender Yeasin Arafat fired a shot from distance, but that was straight to the Mongolian keeper.
Later, Bangladesh got so many chances but their lack of finishing was visible. The booters’ badly in need of a perfect number nine.
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Mongolia reports 87 new COVID-19 cases www.xinhuanet.com

March 29 (Xinhua) -- Mongolia's healthy ministry reported 87 new COVID-19 infections on Tuesday, taking the national tally to 469,197.
No new related deaths were recorded in the past day, leaving the death toll unchanged at 2,108.
Currently, there are 1,271 active cases across the country.
Nearly 67 percent of Mongolia's population of 3.4 million has received two COVID-19 vaccine doses, 1,031,968 people have received a third dose and 114,380 have received a voluntary fourth shot.
With high vaccination coverage and declining daily infections, life in Mongolia has essentially returned to normal. The country has resumed in-person classes for all educational institutions and fully opened its borders to foreign tourists.
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