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

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China to boost stakes in Russian companies – media www.rt.com

China is considering acquiring or increasing investments in Russian energy and natural resource companies, Bloomberg reported on Monday, citing sources.
According to the publication, Chinese investors are specifically interested in Russian state energy giant and major gas exporter Gazprom and aluminum producer Rusal.
The Russian authorities are reportedly in talks with state-owned Chinese companies such as China National Petroleum Corp., China Petrochemical Corp., Aluminum Corp. of China, and China Minmetals Corp. regarding investment opportunities in Russian assets, the sources said.
Negotiations are currently in the early stages, but talks have already begun between Chinese and Russian energy companies, they added.
Meanwhile, a number of Western nations have imposed sanctions on Russia over the past two weeks amid its ongoing military operation in Ukraine. In the most recent development, Washington on Wednesday placed a ban on Russian oil and gas imports to the US.
Many foreign companies have been severing ties with Russian producers amid sanctions. Energy majors BP, Shell, Equinor, OMV, and Exxon Mobil announced over the past few days they would be suspending operations in Russia and scrapping contracts with Russian firms. On Tuesday, US planemaker Boeing said it would stop buying Russian titanium used for aircraft production.
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CERAWEEK Rio Tinto working to ensure access to Russian fuel for Mongolia project -exec www.reuters.com

HOUSTON, March 9 (Reuters) - Rio Tinto Ltd (RIO.L)(RIO.AX) is working to maintain steady supplies of fuel and other goods for its Mongolian copper operations from suppliers that buy from Russia and elsewhere, a top executive at the mining giant said on Wednesday.
The Anglo-Australian company is developing Mongolia's Oyu Tolgoi, one of the world's largest known copper and gold deposits. Rio controls about two-third of the project, with Ulanbaatar controlling the rest.
While Rio has begin looking for alternative fuel sources for Oyu Tolgoi, the company does not believe it can stop buying from Russia altogether, Bold Baatar, head of Rio's copper business, said on the sidelines of the CERAWeek energy conference in Houston. Rio has supply agreements for a host of products with Mongolian suppliers, many of whom procure materials from Russia.
"The reality is, Mongolia has two very big powerful neighbors, so it's quite important for us to maintain healthy, peaceful, balanced relationships," Baatar said of his home country.
Mongolia is bordered on the north by Russia and on the south and east by China, leaving Rio few options to secure supplies for the project, which is set to be the world's third-largest copper mine.
Amid Russia's invasion of Ukraine, multiple companies and countries have announced they will stop business in Russia and buying Russian products.
Baatar said it would be "very difficult" for Rio's Mongolian operations to stop all imports from Russia, adding that some supplies come through Russia via Kazakhstan.
"That kind of supply is fine unless the world wants to completely shut the Russian borders, which is not possible," he said.
Rio in January ended a long-running feud with Mongolia's government over control of Oyu Tolgoi. The deal marked a positive development for the company, which is facing major pushback for projects in Serbia, the United States and Guinea.
Baatar appeared on a copper panel at the conference alongside Richard Adkerson, chief executive of Freeport-McMoRan Inc (FCX.N) and Trafigura's (TRAFGF.UL) Julien Rolland.
Baatar told the panel that it was "pretty imperative" for the United States to develop more copper mines to supply copper needed for electric vehicles and renewable energy technologies. Rio is trying to develop the Resolution Copper project in Arizona, but has faced Native American opposition.
Mining companies "should respect the wishes of communities, and many communities don't want to see mining," Baatar said.
When asked what that meant for the Arizona project, Baatar said he believes an agreement can be reached with local Native Americans.
"I completely respect their views of the project and I'm really hopeful we can find a mutual, common solution," he said.
Reporting by Ernest Scheyder Editing by Marguerita Choy
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Concession agreement to be established for Zuunbayan-Khangi railway project www.montsame.mn

At today's Cabinet meeting, the State Procurement Agency was authorized to conclude a concession agreement for the Zuunbayan-Khangi railway project with the project implementing entity.
Minister of Road and Transport Development L.Khaltar was assigned to take immediate measures to resolve the issue of giving licenses related to the implementation of the concession project in accordance with the relevant law and regulations.
Resolution No. 28 of the Government of Mongolia dated January 12, 2022, tasked to conclude a direct contract for the Zuunbayan-Khangi railway project in accordance with the Concession Law.
The basic structure of the Zuunbayan-Khangi railway will start at the Zuunbayan station of the Ulaanbaatar Railway in Zuunbayan bagh, Sainshand soum, Dornogovi aimag, and run to the Hangi port, connecting it to the Chinese port of Mandal.
With the commissioning of the Zuunbayan-Khangi railway, the transportation distance from the Yeruu station of the Ulaanbaatar Railway to the Baotou station in China will be shortened from 1,722 km to 1,404 km by 306 km and the transportation cost of iron ore will be reduced by USD 4-8. In addition to making Mongolia's iron ore competitive with Chinese and Australian iron ore prices, the project is significant to increase exports, imports, and transit freight traffic, create new international railway crossings, and create more than 1,600 jobs.
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Gold price approaching record high as Ukraine, inflation risks mount www.mining.com

Gold extended its blistering rally on Tuesday towards an all-time high as investors made a beeline for the haven metal on mounting fears about the Ukraine crisis and rising inflation.
Spot gold surged 3.5% to $2,068.07 an ounce by 12:10 p.m. ET, within touching distance of its peak of $2,072.50 set in August 2020. US gold futures also jumped 4.0% to $2,076.70 an ounce in New York.
“The combination of roaring energy prices, grain prices, base metal prices is culminated in dramatic inflationary pressures that continue to be the major underlying support behind gold moves higher,” David Meger, director of metals trading at High Ridge Futures, said in a Reuters report.
“In addition, we’re seeing significant amount of safe haven bids in the gold market as equity markets have come under pressure due to major concerns on the geopolitical front,” Meger added.
Soaring oil prices and the Ukraine war have slammed appetite for riskier assets. US President Joe Biden announced on Tuesday a ban on Russian oil, with the UK also expected to follow.
Bullion, which has risen nearly 13% this year, is considered a safe store of value during times of geopolitical uncertainty and rising inflation.
Meanwhile, palladium gained another 2.0% after hitting a new high of $3,440.76 an ounce on Monday.
(With files from Reuters)
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China reveals new burden for world economy www.rt.com

Sanctions against Russia over its military operation in Ukraine will become a new burden for the world economy, which has not yet recovered from the Covid-19 pandemic, said Chinese President Xi Jinping on Tuesday, RIA Novosti news agency has reported, citing Chinese state broadcaster CCTV.
“Relevant sanctions will affect the stability of global finance, energy supplies, transportation, and supply chains and will further burden the global economy, which has been under the heavy burden of the pandemic, and that is disadvantageous to all parties,” Xi said, speaking at a virtual meeting with French President Emmanuel Macron and German Chancellor Olaf Scholz.
The Chinese leader also added that China, France, and Germany should make efforts to reduce the negative impact of the crisis, and jointly support peace talks between Russia and Ukraine, to prevent the conflict from escalating or “spinning out of control,” RIA Novosti says.
The EU has imposed several rounds of severe sanctions against Russia, targeting the country’s banking and industrial sector, freezing Moscow’s foreign reserves, and causing a mass exodus of foreign businesses from the country.
China has refused to condemn Russia’s actions in Ukraine and has consistently called for a negotiated diplomatic solution to the conflict.
Trade between Russia and China has been booming despite events in Ukraine. According to Chinese customs data released on Monday, the trade turnover between the two countries increased by nearly 39% in the first two months of this year compared to the same period last year, exceeding $26 billion.
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Consulate of Mongolia in Chicago officially opens www.montsame.mn

A Consulate of Mongolia in Chicago, U.S. has begun its service from today, March 9. There are more than 30 thousand Mongolian expats in the United States, of whom over 10 thousand Mongolian nationals reside in Chicago.
With aims to provide Mongolians with prompt and efficient public services, last July the State Great Khural of Mongolia passed a resolution to open a Consulate of Mongolia in Chicago. On January 6, State Secretary of the Ministry of Foreign Affairs N.Ankhbayar presented a Consular Patent to Mongolia’s Consul to Chicago T. Battsetseg.
The consular district of the Consulate of Mongolia in Chicago covers the following states - North Dakota, South Dakota, Nebraska, Kansas, Minnesota, Iowa, Missouri, Wisconsin, Illinois, Michigan, Indiana, Ohio, Arkansas, Mississippi, and Louisiana.
Address: Unit: 405, 1111 Plaza Drive, Schaumburg Illinois, 60173
Contact: 312-300-2300
 
 
 
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China To Allow Dairy Products from Mongolia www.chinatrademonitor.com

China's Customs recently announced that it will allow dairy imports from Mongolia to enter, as long as they meet the inspection and quarantine requirements. The announcement also specifies all the detailed requirements.

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Mongolia reports 161 new daily cases of COVID-19 www.akipress.com

Mongolia confirmed 161 new cases of COVID-19, including 114 cases in Ulaanbaatar and 47 cases in the regions, the country's Ministry of Health reported on Mar 9.
The total number of cases increased to 467 thousand 463.
306 hospitalized patients are in mild condition, 853 are in moderate condition, 130 are in serious condition and 19 are in very serious condition.
No deaths from COVID-19 were recorded per day, the death toll remains at 2,104.
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Ulaanbaatar-Moscow and Irkutsk flights indefinitely suspended www.montsame.mn

The Ministry of Road and Transport Development reported that the Russian airline, ‘Aeroflot’, has halted its flights en route Moscow - Ulaanbaatar for an indefinite period.
As Saber Corp. of the U.S. terminated its distribution agreement with Aeroflot, the Russian flag carrier is stopping all of its international flights for an indefinite period from March 9.
Aero Mongolia airline has also announced that its flights to Irkutsk, Russia will be suspended until further notice as the UK-based company is involved in the aircraft’s reinsurance.
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Satellite city and special economic zone development discussed www.montsame.mn

Officials of the satellite city and special economic zone development department of the capital city held a meeting with representatives of Korea Trade-Investment Promotion Agency (KOTRA) and a South Korean construction company.
At the meeting, the sides exchanged views the objectives for satellite cities and special economic zones in the Ulaanbaatar Mayor’s action program for 2020-2024, ways to connect logistics centers, and extension of the city’s infrastructure. The Korean side undertook to provide support in developing satellite cities and special economic zones through technical assistance projects of the South Korean government.
KOTRA implements the Knowledge Sharing Program of the government of the Republic of Korea and is currently carrying out a feasibility study into building a logistics center in Altanbulag free zone at the request of the Ministry of Road and Transport Development of Mongolia.
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