1 14TH MBD MISSION FOR MBCC'S "DOING BUSINESS WITH MONGOLIA SEMINAR & CHRISTMAS RECEPTION" AND BUSINESS PROGRAM DEC 08- 14. 2025 LONDON, UK WWW.MONGOLIANBUSINESSDATABASE.COM PUBLISHED:2025/09/16      2 IMF WRAPS UP 2025 ARTICLE IV TALKS WITH MONGOLIA WWW.IMF.ORG PUBLISHED:2025/09/16      3 POSCO INTERNATIONAL TO LAUNCH WASTEWATER HEAT DISTRICT HEATING PROJECT IN MONGOLIA WWW.CM.ASIAE.CO.KR  PUBLISHED:2025/09/16      4 MONGOLIA'S EXTERNAL DEBT UP 12.7 PCT IN Q2 2025 WWW.NEWS.AZ PUBLISHED:2025/09/16      5 2025 AUTUMN SESSION OF THE STATE GREAT KHURAL COMMENCES WITH STRUCTURAL REFORMS WWW.MONTSAME.MN PUBLISHED:2025/09/16      6 MONGOLIA SURPASSES 617,000 TOURIST ARRIVALS BY MID-SEPTEMBER 2025 WWW.MONTSAME.MN PUBLISHED:2025/09/16      7 ODD-EVEN TRAFFIC RESTRICTION CONCLUDES WWW.UBPOST.MN PUBLISHED:2025/09/15      8 MMC ANNOUNCES FIRST GOLD POUR COMPLETED AT THE BAYAN KHUNDII MINE IN MONGOLIA WWW.SG.FINANCE.YAHOO.COM  PUBLISHED:2025/09/15      9 MKE LAUNCHES CARTRIDGE PRODUCTION LINE IN MONGOLIA WWW.RAILLYNEWS.COM  PUBLISHED:2025/09/15      10 MONGOLIA’S LARGEST MINING EVENT HIGHLIGHTS INVESTMENT AND RESPONSIBLE MINING WWW.MONTSAME.MN PUBLISHED:2025/09/14      14 ДЭХЬ УДААГИЙН MBCCI’S “ DOING BUSINESS WITH MONGOLIA SEMINAR & CHRISTMAS RECEPTION” B2B NETWORKING БОЛОН БИЗНЕС ХӨТӨЛБӨР 2025 ОНЫ 12 САРЫН 08 -13 ЛОНДОН ХОТ, ИХ БРИТАНИ WWW.MONGOLIANBUSINESSDATABASE.COM НИЙТЭЛСЭН:2025/09/16     ЭДИЙН ЗАСГИЙН ТӨРӨЛЖИЛТИЙН ИНДЕКСЭЭР МОНГОЛ УЛС 145 ОРНООС 139-Д БИЧИГДЖЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2025/09/16     ӨНӨӨДӨР: “СЭЛБЭ 20 МИНУТЫН ХОТ”-ЫН ДАРААГИЙН ЭЭЛЖИЙН ОРОН СУУЦНЫ ТӨСЛИЙН БҮТЭЭН БАЙГУУЛАЛТЫГ ЭХЛҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/16     ШЭНЬ МИНЬЖУАНЬ: БНХАУ МОНГОЛ УЛСЫГ ШХАБ-ЫН ГЭР БҮЛД НЭГДЭЖ, ХАМТЫН АЖИЛЛАГААГАА ӨРГӨЖҮҮЛЭХИЙГ УРЬСАН WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/15     Г.ЗАНДАШАТАР: ТӨРИЙН ДАНХАР БҮТЦИЙГ ХУМИХ АЖИЛ ИРЭХ ОНД Ч ҮРГЭЛЖИЛНЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/09/15     Ц.ТУВААН: НҮҮРСНИЙ ҮНЭ 3 САР ТУТАМ ШИНЭЧЛЭГДЭНЭ. ГЭРЭЭНД ЯМАР Ч НУУЦ БАЙХГҮЙ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/09/15     ХАНЫН МАТЕРИАЛД 1800 АЙЛЫН ОРОН СУУЦ БАРИХ ТӨСЛИЙН ГҮЙЦЭТГЭГЧ ШАЛГАРЛАА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/15     "ТАТВАРЫН ХЭТ ӨНДӨР ТООЦОО БИЗНЕС ЭРХЛЭГЧДИЙГ ХААЛГАА БАРИХАД ХҮРГЭНЭ" WWW.NEWS.MN НИЙТЭЛСЭН:2025/09/15     ГАДААД ХУДАЛДААНЫ НӨХЦӨЛИЙН ИНДЕКС ӨМНӨХ ОНООС 4.1 ХУВИАР БУУРЧЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/09/15     ЭХНИЙ НАЙМАН САРЫН БАЙДЛААР 600 МЯНГАН ЖУУЛЧИН ИРЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/15    

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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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Mongolia-India direct flight to be conducted from this summer www.montsame.mn

Mongolia-India strategic partnership and cooperation will make various advancements and achievements this year, highlighted Ambassador Extraordinary and Plenipotentiary of the Republic of India to Mongolia M.P.Singh.
During the business meeting organized on expanding Mongolia-India cooperation in trade, technology, and tourism, the Ambassador also noted that construction projects are being implemented on an oil refinery as well as an education and outsourcing center on IT and cyber security, with soft loan from the Government of India.
Underlining that the oil refinery is a core pillar for bilateral cooperation and strategic partnership, he then said that the project is considered to be of great significance as it allows Mongolia to become energy independent. The project is being financed with a soft loan of USD 1.3 billion.
During the meeting, it was also announced that direct flights between Mongolia and India are planned to begin to be conducted by Hunnu Air airline from this summer. With the availability of direct flights, it will become possible to directly discuss and expand cooperation in various sectors such as tourism, religion, education, and IT.
For the field of IT, construction works have kicked off for an IT Education and Outsourcing Center. The project is being implemented with a soft loan of USD 20 million from the Government of India. Mongolian students will be prepared in 16 specializations at the center, which is planned to be established under the Mongolian University of Science and Technology.
Furthermore, a cyber security training center will be established at the Ministry of Defense. A project on preparing 1,000 English teachers in Mongolia and India have also been recently launched.
During the meeting, participants also noted the opportunities for bilateral cooperation in film production.
The business meeting was attended by Head of Chancery at the Embassy of India Sanjeev Kumar, Former Ambassador of Mongolia to India J.Ganbold, executives of Mongolian National Chamber of Commerce and Industry, and representatives of India-Mongolia Business Council as well as entities and business owners.
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Mongolia to provide USD 200 thousand in humanitarian assistance to Ukraine www.montsame.mn

At its irregular meeting held today, the Cabinet resolved to provide USD 200 thousand as humanitarian assistance to Ukraine.
USD 150 thousand of the assistance, which will be allocated from the Government’s reserve fund, will be provided to Ukraine through UN Crisis Relief and the rest will be transferred via International Red Cross and Red Crescent Societies, reported Spokeswoman of the Prime Minister Ch.Bolortuya.
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Mongolia's active COVID-19 cases drop below 1,000 first time since late 2020 www.xinhuanet.com

April 4 (Xinhua) -- The number of active COVID-19 cases in Mongolia has dropped below 1,000 for the first time since Dec. 22, 2020, the country's health ministry reported on Monday.
The number of active cases in the Asian country stood at 971 after 81 new local infections were reported in the past day, the ministry said in a statement.
Meanwhile, no new related deaths were reported in the past day, and the death toll from COVID-19 has remained unchanged at 2,108 in the country.
Mongolians have basically returned to everyday life due to high vaccination coverage and declining daily infections. Notably, the country has resumed in-person classes for all levels of educational institutions and fully opened its borders to foreign tourists, who will not be required to have a polymerase chain reaction (PCR) test or to be quarantined.
So far, 66.8 percent of the country's total population of 3.4 million has received two COVID-19 vaccine doses, 1,032,876 people have received a third dose, and 115,185 have received a fourth dose voluntarily.
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2nd meeting of Mongolia-Poland intergovernmental commission takes place www.montsame.mn

The 2nd meeting of the Mongolia-Poland intergovernmental commission on Economic Cooperation was held virtually on March 31.
The meeting was chaired by B.Munkhbaatar, Minister of Construction and Urban Development of Mongolia, and Grzegorz Piechowiak, Secretary of State in the Ministry of Economic Development and Technology of Poland.
During the parties agreed to intensify the implementation of the projects, which were agreed to be realized by Poland’s soft loan, such as the establishment of a solid waste treatment plant in Erdenet city, expansion of wastewater treatment plants in 5 aimags, supply of special equipment and vehicles for mobile medical care in rural areas as well as the development of vegetable production and value chains.
Moreover, the parties also discussed issues on the expansion of bilateral cooperation in the fields of e-governance, IT, auto road transport, geology, agriculture, veterinary medicine, light industry, culture, archeology, tourism, social protection and health, and signed a Protocol.
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Australia sees global uncertainty driving resource export earnings to record www.reuters.com

Australia’s mining and energy export earnings are forecast to reach a record A$425 billion ($318 billion) in 2021-22, although prices of its key iron ore shipments are expected to ease, the government said on Monday.
Resource export earnings are forecast to climb 33% in the 2021–22 financial year ending in June from a record A$320 billion the previous year driven by an unprecedented surge in coal and LNG prices, the Department of Industry said in its quarterly resources and energy outlook. These earnings are seen falling to A$370 billion in 2022–23, it said.
Global energy and commodity prices have surged this year on the prospect that Russia’s invasion of Ukraine will intensify shortages.
“Coal becomes only the second Australian commodity after iron ore to break through the $100 billion annual export mark,” said Australia’s Minister for Resources and Water Keith Pitt.
“The combined export earnings for lithium, nickel and copper will likely exceed $23 billion in 2021-22, which would be an increase of 38 percent on the 2020-21 earnings,” he added.
Australian metallurgical and thermal coal prices hit record highs in January 2022, as bad weather affected production and transportation. New records were then set in the wake of the Ukraine war, the report noted.
The combined coal export earnings are forecast to rise to about A$110 billion in 2021–22.
Prices for iron ore, Australia’s top commodity export, remain well below their mid-2021 peak and are expected to ease as Brazilian supply recovers further and growth in global demand moderates.
($1 = 1.3362 Australian dollars)
(By Praveen Menon; Editing by Jacqueline Wong)
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Aspire Mining puts down more roots in Mongolia with 10-million-tree pledge www.proactiveinvestors.com.au

Aspire Mining Ltd (ASX:AKM) has committed to plant 10 million trees in Mongolia at a recent signing ceremony in the country’s capital.
The resources stock met with the Mongolian President, Prime Minister and Minister for the Environment in Ulaanbaatar, where it pledged to sow the 10 million saplings in Khuvsgul Aimag province in the country's northwest.
Aspire’s pledge forms part of the Mongolian Government’s promise to plant 1 billion trees in Mongolia by 2030, as announced last year.
The mass planting campaign is part of the nation’s efforts to reduce the impact of planet-wide climate change and bolster Mongolia’s contribution to the United Nations’ Sustainable Development Goals.
Government and businesses sow the seeds
Mongolia’s government will spend no less than 1% of its gross domestic product on this green endeavour, planting trees in three stages to 2030.
At a press conference outlining the initiative in October last year, Mongolia’s Minister of Nature, Environment and Tourism, N.Urtnasan, said: “We have set up working groups to launch a national campaign to plant one billion trees and ensure the implementation of it for 10 years.
“As of today, 76.9% of Mongolia's territory is affected by desertification. It is estimated that if the goal of the campaign is achieved, 120 million hectares of highly desertified land will be reduced by 4%, forest cover will be increased by 9% and greenhouse gas emissions will be reduced by 600,000 tonnes.”
Urtnasan also noted that companies would form a large part of the campaign, with some large, private companies electing to plant between 20 million and 120 million trees over the next decade.
Next steps
Aspire has engaged an agri-scientist to prepare a planting program and establish a tree nursery in the Khuvsgul capital of Murun, with the campaign scaled up to meet the company’s commitment.
Once established, the nursery is expected to be a long-term source of future tree plantings.
Overall, Aspire’s commitment to 10 million tree plantings by 2030 makes up half of the entire planting commitment for the Khuvsgul Airmag province.
It also coincides with the ASX-lister’s own sustainable development program and environmental policies.
Developing coking coal assets
Aspire’s tree planting pledge is on top of the commitments it has made in the environmental management plan for its wholly-owned, world-class Ovoot Coking Coal Project.
Ovoot is one of two coking coal assets that Aspire is developing in northwest Mongolia — the company also owns 90% of the Nuurstei project in the Khuvsgul Aimag province.
At present, the ASX-lister is focused on permitting, engineering and financing the Ovoot Coking Coal Project and transforming it into a producing asset.
The flagship project hosts 255 million tonnes of JORC-compliant coal reserves and could sustain a full-scale production cycle of up to 10 million tonnes of saleable coking coal per annum over a long mine life.
A 2019 pre-feasibility study for the coking coal asset outlined a 4-million-tonne-per-annum, 9.2-year life of mine truck and rail operation at Ovoot.
The project carries a US$586 million net present value at a 10% discount, as well as a 43.7% internal rate of return, and the company is planning for a decision to mine in 2022 once permitting and funding are secured.
Down the line, Aspire intends to mine by open-pit, truck coking coal to a company-owned terminal facility in Erdenet and delivering to customers in China and Russia via the existing Mongolian rail network.
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Mongolia issues warning over wildfires www.xinhuanet.com

April 4 (Xinhua) -- Mongolia's National Emergency Management Agency on Monday issued a warning of forest and grassland fires.
There is a high risk of wildfires this spring due to the dry and windy weather in most parts of Mongolia, the agency said, warning the public to prevent possible wildfires.
Four wildfires were reported in the country over the weekend, burning over 25,000 hectares of forest and grassland, according to the agency.
People's negligence was the main cause of these wildfires, it said, urging citizens not to make open fires or throw cigarette butts on the ground
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Slovakia agrees to pay for Russian gas in rubles www.rt.com

Slovakia will pay for Russian natural gas in rubles if that’s what it takes to keep the commodity flowing, Slovak Economy Minister Richard Sulik has said on national television.
“If there is a condition to pay in rubles, then we will pay in rubles,” Sulik said. He stressed that Russian imports account for roughly 85% of all Slovakian gas supplies, so the country’s authorities will remain pragmatic on the issue.
“We cannot be cut off from gas,” Sulik emphasized, urging the rest of Europe to jointly seek a solution.
Nearly all of the countries of the European Union, of which Slovakia is a member, slapped Russia with economic sanctions over the past month, jeopardizing Russia’s ability to receive payments from trade partners in the European currency. In response, Russian President Vladimir Putin last week signed a decree introducing a new ruble gas payment mechanism.
Although it is viewed by some as going against existing gas contracts, the mechanism does not imply a change of the currency of payment. It enables buyers to open ruble accounts with Russian Gazprombank to facilitate the transfer of European companies’ payments to Russian suppliers.
According to Putin’s press secretary Dmitry Peskov, “de facto nothing will change for European companies… They will pay, as they used to, in euro, the same currency that is indicated in the contracts,” but the seller, Russia’s major gas exporter Gazprom, will be able to receive the funds in Russia’s national currency. Despite extensive explanations, however, many Russian buyers found themselves puzzled by the change. The initial reaction was mostly one of protest, with countries claiming they would not pay for gas in rubles. However, it appears that this will not be necessary at all.
The Slovakian economy minister, along with a number of other European politicians, said the situation calls for diversification of suppliers. But he said this may take years, while Slovakia has only two months to solve the current problem with fuel purchases.
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Mongolia adds 65 COVID-19 cases www.xinhuanet.com

April 3 (Xinhua) -- Mongolia has reported 65 new COVID-19 cases over the past 24 hours, bringing the total number of confirmed cases in the Asian country to 469,669, according to a statement released by the country's health ministry on Sunday.
Meanwhile, no new deaths from COVID-19 were reported in the past day, and the country's death toll has remained unchanged at 2,108.
In addition, there are a total of 1,052 active COVID-19 cases across the country.
Life has returned to normal in Mongolia due to high vaccination coverage and declining daily infections, with about 100 cases registered countrywide since mid-March.
Almost 67 percent of the country's population of 3.4 million have received two COVID-19 vaccine jabs, 1,032,876 people have received a third dose, and nearly 115,185 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 PCR test or be quarantined.
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First EU country ceases buying Russian natural gas www.rt.com

Lithuania’s government said on Saturday that it has halted all purchases of Russian natural gas, making irrelevant President Vladimir Putin’s demand that all “unfriendly states” pay for the fuel in rubles amid heavy sanctions imposed on Moscow over the Ukraine conflict.
“In these circumstances, Russia’s demand to pay for gas in rubles is meaningless, as Lithuania no longer orders Russian gas and no longer plans to pay for it,” the Lithuanian Energy Ministry said in a statement.
Lithuania is first among the EU countries traditionally supplied by Russian state-owned gas giant Gazprom to completely wean itself off imports from Moscow, Energy Minister Dainius Kreivys claimed. “This is the result of a multi-year, coherent energy policy and timely infrastructure decisions,” he said.
The ministry said that Lithuania’s gas distribution network has been operating without any supplies from Russia since Friday, which was Putin’s deadline for payment in rubles. The move came in response to “Russia’s energy blackmail” and the conflict in Ukraine, according to the statement.
Putin’s demand required buyers to open ruble accounts in Russian banks through which to pay for their gas. “If such payments aren’t made, we will consider this a failure by the client to comply with its obligations,” he said on Thursday. In response, Germany and Austria activated emergency plans for potential gas rationing.
All of Lithuania’s gas supplies now come through the Klaipeda LNG import terminal on the country’s Baltic Sea coast. The terminal has bookings for three large cargoes to arrive each month, the Energy Ministry said, and gas can also be provided through links with Latvia and Poland if necessary.
Russia supplies about 40% of the gas used by EU nations and around one third of their oil. Lithuanian President Gitanas Nauseda has called for EU members to cut off both gas and oil imports from Russia. “Europe must stop buying Russian gas and oil because the Kremlin regime uses this money to finance destruction of Ukrainian cities and attacks on peaceful civilians,” Nauseda told reporters on Thursday.
Meanwhile, Hungarian Prime Minister Viktor Orban said on Friday that it would be impossible for some countries, including his, to replace gas supplies from Russia. On top of that, Federation of German Industries President Siegfried Russwurm said on Thursday that German industry would “collapse” if it were cut off from Russian gas.
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