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

NEWS

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BoM purchases 795.3 kg of precious metal www.montsame.mn

In February, the gold purchase of the Bank of Mongolia (BoM) was 795.3 kg, raising the BoM’s total precious metal purchase of 2022 to 2.4 tons. The figure shows an increase of 464.6 kg as compared with the same period of the previous year.
In February, the BoM branches in Darkhan-Uul and Bayankhongor aimags bought 15.7 kg and 59.2 kg of precious metals respectively.
The average price of BoM’s purchase of 1 gram of gold was MNT 170,600 last month.
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COVID-19: 255 cases, one death reported www.montsame.mn

The Ministry of Health reported today that 255 СOVID-19 cases were recorded in the last 24 hours nationwide. In detail, 127 cases were reported in Ulaanbaatar city, with 128 cases in 21 provinces.
It was also reported that one COVID-19 related death has been reported in the past 24 hours, raising the country’s death toll to 2,235. Currently, there are 2,235 people are receiving hospital treatment for COVID-19 whilst 7,021 people with mild symptoms are being treated at home. Of the total patients currently undergoing treatment at hospitals, there are 575 patients in mild, 1,435 in serious, 195 in critical, and 31 in very critical conditions.
As of today, the coverage of 1st dose has reached 69.8 percent (2,271,676), 2nd dose – 66.8 percent (2,173,057), and 3rd dose or a booster shot of COVID-19 vaccines – 31.0 percent (1,024,816) of the total population. In addition, 105,019 people (3.2 percent) have received the 4th vaccine dose.
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Construction work to connect border ports by road begins www.montsame.mn

Construction work to connect border checkpoints by auto roads in the framework of the Government’s ‘New Revival Policy’ has commenced.
Minister of Road and Transport Development L.Khaltar became acquainted with the progress of the ADB-funded project ‘Western regional road corridor investment programmе-2’. As part of the project, a 25.8 km paved road is being built in route of Tsagaannuur- Ulaanbaishint in Bayan-Ulgii aimag.
The construction work, which is scheduled to be completed by August 30 this year, is currently at 60-70 percent except for the pavement foundations.
“With the commissioning of the road, the amount of freight to be imported to Mongolia will increase. Aside from this, it will create an opportunity to conduct international transport between Russia and China through the territory of Mongolia. As traffic intensifies, there will be a lot of service points along the road, creating more jobs,” highlighted Minister L.Khaltar.
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Mongolia’s economic growth expected to be 5.1 percent this year www.montsame.mn

According to the Bank of Mongolia’s forecast in December 2021, the Mongolian economy is expected to grow by 5.1 percent this year.
The central bank projected the economy to grow by 4.5 percent in 2021. However, the actual performance was 1.4 percent. It is explained that the unpredictable and sudden “shocks” in the internal and external environment have led to assumption’s deviation from the reality. For example, the scale and duration of China's policies have led to the export disruptions and the rise of transportation costs and inflation.
Spread of the pandemic and the emergence of new variants are still posing challenges.
Although supply-side inflation is on the rise, the central bank emphasizes that inflation is likely to be driven by demand by the end of the year as the economy recovers from the pandemic. Therefore, in January, the decision was made to increase the policy rate by 0.5 percentage points, said Governor of the Bank of Mongolia B.Lhagvasuren.
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Iron ore price rises as Russia-Ukraine conflict stokes supply concerns www.mining.com

Iron ore prices climbed on Monday over concerns that a prolonged armed conflict between Russia and Ukraine could curb global supply.
The most-traded May iron ore contract on China’s Dalian Commodity Exchange ended daytime trading 2.7% higher at 705.50 yuan ($111.82) a tonne.
On the Singapore Exchange, iron ore’s most-active April contract rose as much as 3.3% to $141.25 a tonne.
According to Fastmarkets MB, benchmark 62% Fe fines imported into Northern China were changing hands for $138.09 a tonne during morning trading, up 2.6% compared to Friday’s closing.
iron ore price
“Any prolonged military campaign will severely impact annual iron ore exports totaling almost 70 million tonnes from Russia and Ukraine, eventually tightening the global balance,” said Atilla Widnell, managing director at Navigate Commodities in Singapore.
While Russia and Ukraine are not major suppliers of iron ore to China, the two countries now at war usually export the steelmaking ingredient to other European countries.
Russia’s top steelmakers have seen exports drop since the incursion began, while nickel shipments have also been affected, people with knowledge of the matter told Bloomberg.
Russia’s metal shipments are falling and buyers are “hesitant in the context of sanction uncertainty and escalation,” Goldman Sachs analysts said in a note.
Ukrainian iron-ore miner Ferrexpo Plc said on Friday the availability of rail capacity to ship its pellets to customers in Europe was unclear. The London-listed company, which operates three mines in central Ukraine, said it’s delaying the publication of its full-year results.
As this month’s Beijing Winter Olympics has ended, rebounding Chinese blast furnace capacity utilization rates, which should result in the quicker drawdown of iron ore inventories at Chinese ports, are also expected to offer further price support, Widnell said.
Support for iron ore remained intact even as China’s state planner kept a close eye on market activities following the recent strong price rally.
The National Development and Reform Commission, which has warned against iron ore hoarding, market speculation and disinformation, on Monday reminded traders of regulators’ increased supervision of both spot and futures markets to ensure stable prices.
(With files from Reuters and Bloomberg)
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Agreement signed for launching engineering exploration works for natural gas pipeline project www.montsame.mn

On February 28, Deputy Prime Minister S.Amarsaikhan and Chairman of the Management Committee of Gazprom Company Alexey Miller signed an agreement on launching blueprint development and engineering exploration works for the construction project on the natural gas pipeline connecting Russia and China through the territory of Mongolia.
According to the agreement, certain works such as issuing employment permissions and exempting Russian subcontractors from workplace payments will be carried out in April, while corresponding bills and draft resolutions will be completed by early 2023.
‘Gazoprovod Soyuz Vostok’ LLC and ‘Erdenes Mongol’ LLC will be in charge of jointly carrying out engineering-geodesy, engineering-ecology, and archeological exploration works, which will be completed by November 30, 2022. As for the matter concerning the issuance of land for facilities for the natural gas pipeline, the Government of Mongolia is expected to have it resolved by December this year.
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Mongolia reports 305 new cases of COVID-19 www.akipress.com

Mongolia reported 305 new cases of COVID-19 infection, including 139 in the capital and 166 in regions, the country's Ministry of Health reports on Mar 1.
The total number of cases has increased to 465 thousand 576.
648 hospitalized patients are in mild condition, 1,536 are in moderate condition, 204 are in serious condition, and 31 are in extremely serious condition.
2 deaths linked to coronavirus were recorded per day raising the death toll to 2,098.
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Mongolia goes ahead with Soyuz/Vostok pipeline signing with Russia despite Ukraine outcry www.intellinews.com

A project plan for the Soyuz/Vostok gas pipeline that is to run from Russia to China via Mongolia was on February 28 signed by Amarsaikhan Sainbuyan, the Mongolian Deputy Prime Minister, and Alexey Miller, chairman of the Gazprom board, during an online meeting.
The signing might attract some controversy given ongoing attempts by multiple countries to force Russia into an economic corner with sanctions and boycotts in response to the Russian invasion of Ukraine. Germany, for instance, has frozen the Nord Stream 2 pipeline project to deliver Russian gas to Europe.
In late January, Mongolia and Gazprom signed a protocol to complete a feasibility study for the Soyuz/Vostok gas pipeline.
The project plan covers an agreement for the next stage of the project, including design, engineering exploration work and the licensing of Russian subcontractors.
"Today, we ratify our work plan for the next three years, beginning in 2022," Miller during the signing. “I am glad to inform you that my deputy has worked extremely hard with you to get this proposal approved. Our joint working group is also doing a good job. If we keep working in this manner, the effort will be effective."
"An experienced business working on the Siberian Power-1 and 2 projects will perform engineering-geodesy, engineering-ecology and archaeology exploration of the natural gas pipeline project," Amarsaikhan told reporters. "Many researchers will come to our country to work. As the contract was signed today, the research will begin in March and will continue as planned."
There were no remarks from the deputy PM on Russia's aggression towards Ukraine.
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China's devt to benefit world www.manilatimes.net

China's development will benefit its neighbors as well as the whole world, Mongolian Foreign Minister Batmunkh Battsetseg told Xinhua in a recent interview.
"Today, China is developing rapidly, the livelihood of its people is improving day by day," said Battsetseg. "As a neighboring country, Mongolia has always applauded the achievements of the Chinese people."
"I am confident that China's development will benefit its neighbors, regional countries and the world," she said.
The Chinese government has made a significant contribution to overcoming the most difficult time of the Covid-19 pandemic in Mongolia by providing much-needed vaccines, drugs and medical supplies, said Battsetseg.
"It is important that our two peoples sincerely support each other in this difficult time," she said. "The young people of the two countries have exchanged words of encouragement on social media, which is an important expression of mutual understanding between the two peoples."
The foreign minister also spoke highly of China's dynamic zero-Covid policy, which "has been a major factor in reducing the spread of the coronavirus around the world."
Praising the good organization of the Beijing Winter Olympics, she said that as a neighbor with a comprehensive strategic partnership, Mongolia has consistently supported any efforts by China to successfully host the Games.
Mongolian Prime Minister Luvsannamsrai Oyun-Erdene became one of the first foreign leaders to express willingness to attend the opening ceremony of the Beijing Winter Olympic Games in person, Battsetseg said, adding that the prime minister has clearly said that the Olympic Games — a symbol of the unity of humanity and peace — should not be politicized in any way.
The Chinese government — with the warm support of its people — has successfully hosted the Winter Olympics, giving hope and encouragement to the world as it fights the pandemic, Battsetseg said.
"I am impressed by the solution to provide solar and wind energy for the infrastructure of the Olympic Villages. The combination of renewable energy and green technology in the use of the latest scientific and technological advances is unique," she said.
During his visit to China to attend the opening ceremony of the Beijing Winter Olympics, Prime Minister Oyun-Erdene and Chinese leaders exchanged views on a wide range of issues, Battsetseg said.
She added that the two governments issued a joint statement to strengthen bilateral cooperation, including intensifying development projects and programs and strengthening cooperation in trade, investment, finance, energy, telecommunications, infrastructure and green development after the pandemic.
Oyun-Erdene's visit to China has been important in strengthening high-level mutual understanding on bilateral relations and cooperation, bringing cooperation to a new level, and advancing major trade and economic projects, the foreign minister noted.
The two countries should make full use of the mechanisms of bilateral cooperation and enhance their coordination between the relevant organizations in order to promptly implement the issues agreed during the visit and advance major joint projects and infrastructure construction.
Mongolia will establish a working group consisting of representatives of the parties involved to promote the coordination with China, said Battsetseg.
In order to normalize the operation of the border checkpoints, the Mongolian side also plans to improve its organizational work and anti-pandemic measures, she said.
Despite the difficult circumstances caused by the pandemic, Mongolia and China still worked closely together to promote bilateral trade and economic cooperation, said Battsetseg.
Meanwhile, in addition to strengthening bilateral cooperation in traditional sectors, such as trade, economy, culture and humanitarian ties, Mongolia and China need to work together to protect the environment, especially in the fight against desertification.
Climate change is one of the most pressing issues in the world and there is great potential to intensify bilateral cooperation in combating desertification and yellow dust storms, she said, adding that leaders of the two countries have paid special attention to this issue and regularly exchanged views during their talks.
Battsetseg expressed confidence that after the pandemic, the two sides will make joint efforts to intensify bilateral cooperation in all fields, focus on the implementation of the consensus of the two countries' leaders and support each other.
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China-Mongolia border port sees growth in freight transport www.xinhuanet.com

HOHHOT, Feb. 28 (Xinhua) -- Erenhot, the largest land port on the China-Mongolia border, has seen a significant rise in China-Europe freight trains so far this year, according to the local railway authorities.
Since Jan. 1, the port has handled a total of 503 China-Europe freight trains, up 27.9 percent from the same period last year.
The 500th China-Europe freight train this year passed through the port at 1 p.m. Monday, a milestone that took 18 fewer days to accomplish than last year.
The number of inbound trains totaled 232, up 33.3 percent, while the number outbound trains reached 271, a rise of 23.6 percent.
The port in north China's Inner Mongolia Autonomous Region now serves 54 China-Europe freight-train routes, connecting over 60 overseas destinations across more than 10 countries.
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