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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Border city Heihe to suspend overseas shopping and couriers to seal up products purchased from overseas www.globaltimes.cn

Counties and districts in China's border city Heihe in Northeast China's Heilongjiang Province have said buying products from overseas epidemic-hit regions should be suspended after goods purchased from Mongolia by residents in Erenhot city in North China's Inner Mongolia Autonomous Region tested positive for COVID-19.
Five residents from Erenhot reported to the city's epidemic prevention and control work team recently about having received goods they had bought from Mongolia that tested positive for COVID-19. This comes as the annual shopping spree on November 11 approaches. Other places have since tightened their control over goods purchased from overseas.
In order to prevent imported infections and stop the transmission chain of the virus through goods, the local epidemic prevention and control work team of Xunke county in Heihe asked the local residents to stop purchasing any goods from overseas epidemic-hit areas.
Meanwhile, the logistics and courier companies are required to seal up the goods mailed from abroad in a designated area immediately and report to the county's epidemic prevention and control authority.
The county also encourages the public to supervise and report goods purchased from overseas epidemic-hit areas.
Aihui district in Heihe, which has two high-risk communities and 18 medium-risk communities as of Saturday, also tightened its control on goods purchased from overseas on Saturday by dissuading residents from purchasing goods from abroad.
The local epidemic prevention and control work team has asked the residents not to purchase goods from abroad if not necessary or urgent.
If they indeed need to purchase or have purchased goods from overseas, they have to report to their communities, villages or companies at once. Those who fail to report and cause transmission risks of COVID-19 or other serious consequences will be held accountable in accordance with the laws.
In Inner Mongolia, the Holingol city of Inner Mongolia has asked its residents not to purchase overseas products to reduce the infection risk for logistics personnel and themselves. Consumers who purchased products from overseas via purchasing agents are advised to ask suppliers to provide nucleic acid testing results and to not purchase products if the results are not provided.
Global Times
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Parliament to support all initiatives to increase renewable energy use www.montsame.mn

Member of Parliament Ts.Davaasuren held an online meeting with World Bank’s energy specialists.
At the meeting, MP Ts. Davaasuren said, “We are focusing on forwarding the projects jointly commenced and increasing the use of green energy, in particular the main focus is on the use of water resources for energy. Mongolia’s Parliament will support and give priority to all initiatives on the increase of renewable energy use. We hope that the World Bank will be a key partner in building green energy."
The World Bank has been expanding its cooperation with Mongolia and investing greatly in its energy sector. Within the framework of cooperation, the ‘Energy-2’ project is being implemented in Mongolia. During the meeting, the WB’s energy specialists expressed their readiness to cooperate in the energy sector.
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Trade turnover between Russia & China tops pre-pandemic figures despite traffic jams at border crossings www.rt.com

Russo-Chinese trade turnover from January to October grew by 30.9% year on year, amounting to $115.66 billion, China’s General Customs Administration reported on Sunday.
Exports to the Russian Federation in 10 months increased 30.6%, to about $52.9 billion. Imports of Russian goods and services to China grew by 31.2%, to $62.76 billion.
In October alone, the volume of trade between the two countries reached $13 billion.
Trade between Russia and China in the reporting period already surpassed the figures for the whole of pre-pandemic 2019, when it was around $110.75 billion. The indicator slightly dropped in 2020 due to the Covid-19 pandemic, decreasing by 2.9% to $107.76 billion.
The growth in trade between the two countries comes amid continuing difficulties at the border. Crossing procedures introduced by Beijing at the height of the pandemic last year require that all trucks crossing into China drop their empty trailers for loading on the Chinese side and return to Russia, then go back to pick up the loaded vehicle.
Russia requires that the trailer be picked up by the same truck which took it to the border. This means that one truck has to cross the border four times, which has led to long lines at the border crossing terminals, reportedly numbering up to 1,000 trucks.
Chinese authorities this week asked Russia to conduct a detailed check of the crossing procedures and revise the way trucks with trailers cross the border, as idle time brings daily losses and affects transportation costs. China hopes Russia will switch to a cargo transportation system like the one at a checkpoint between China and Kazakhstan in Xinjiang, which allows any truck to pick up a loaded trailer.
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ETT manages to ship 15.5 million tons of coal amid pandemic www.news.mn

Erdenes Tavan Tolgoi (ETT), one of Mongolia’s largest mining companies, still managed to ship an impressive 15.5 million tons of coal, earning MNT 1.68 trillion, including MNT 1.5 trillion in sales revenue amid chaos of interrupted supply chain procedures due to Covid.
The flagship company also reported a net profit of MNT 149.4 billion and contributed MNT 490.1 billion in taxes and fees to the state budget. Despite being prevented from transporting coal to China, its largest customer, ETT managed to negotiate receipt of advance payment for the coal, which will ship as soon as the borders open. As one the most profound consequences of the COVID-19 pandemic have been interruptions to the supply chain and a decline in exports and imports due to logistical challenges, this represents a coup for the company, and the people of Mongolia.
According to a recent survey, net exports from Mongolia accounted for 6.2% of the country’s GDP in the second quarter of 2018, falling to 1.9% for the same period in 2021. A 2020 study by the World Bank and the National Statistics Office of Mongolia also found that 28% of Mongolians could be called ‘poor,’ and fears have been voiced that this number could swell to around 43%. Rising prices and shortages of goods are having a substantial impact on the livelihoods of ordinary Mongolians, who find that they have less purchasing power.
In landlocked Mongolia, this longstanding issue has been exacerbated by the pandemic-related closure of several border crossings. Although this situation is somewhat expected in places like Mongolia, the socio-economic ramifications of the pandemic have been unusually severe. The recent distribution of dividends by ETT are therefore most welcome, and play a significant role in helping to rescue the Mongolia and its citizens from an increasingly difficult situation.
ETT was named the best Mongolian taxpayer of 2020 and is one of the top 100 companies in the country – a confirmation of its continuing contribution to Mongolia and her people.
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SouthGobi Resources suspends mining operations www.news.mn

Mongolian coal producer SouthGobi Resources Ltd. has been forced to suspend mining operations from this month after an outbreak of Covid-19 closed the border to its customers in China, the company said in a statement on Tuesday.
Mongolia has seen coal exports dwindle since April because of the pandemic, a contributing factor to the shortages of the fuel that have plagued Chinese industry in recent months.
Beijing has continued to push Mongolia for more supply, but to little avail. SouthGobi Resource, one of its biggest miners, reported in August that its sales fell to about 100,000 tons in the second quarter, from about 500,000 tons the year before. Mongolia’s total exports to China in the third quarter sank below 1 million tons, just a third of the volume reported in the prior year.
China imported more than 30 million tons of coal in September, so the volumes at risk from the border suspension aren’t particularly significant. But most of Mongolia’s coal exports are of the higher grade used in the steel industry, and are particularly prized by Chinese mills after the government banned similar supplies from Australia a year ago.
The Hong Kong-based, Toronto-listed SouthGobi Resource said its existing coal inventories should be sufficient to satisfy demand for at least four months once coal exports to China resume.
Source: Bloomberg
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Russia-China trade to smash all-time high this year despite Covid pandemic – Russian Export Center www.rt.com

The Russian Export Center (REC) expects trade turnover between Russia and China to reach a record $130 billion in 2021, the head of the state institution Veronika Nikishina said during an online conference on Monday.
“This year, [Russia-China] trade shows rapid growth: in the first eight months of 2021, trade turnover increased by 30% to $86 billion... In the summer, trade between our two countries reached a record level of $12 billion per month. And there is no doubt that it will also be a record high by the end of the year,” Nikishina said.
She noted that Russian exports to China jumped by 34% to $42.3 billion in the reporting period, while imports from China grew by 27%, to $43.5 billion.
According to REC estimates, the turnover will exceed $130 billion by the year’s end, topping the record $111 billion reached in pre-pandemic 2019. Nikishina noted that China has been Russia's main foreign trade partner since 2010, dominating Russian imports since 2008 and exports since 2017.
China’s share in Russia's trade amounted to 17.7% in the first eight months of this year, with a 14.2% share in exports and 23.3% in imports. According to the official, even the Covid-19 pandemic was unable to hinder the countries’ efforts to strengthen mutual trade.
“In 2020, Russian-Chinese trade turned out to be very resistant to the crisis. Amid the pandemic and the fall in world prices, its decline was only 6.7%, while Russia's trade with other countries decreased by 16.6%,” Nikishina said.
China has been Russia’s main importer of non-primary non-energy goods since 2016. According to the official, deliveries of these goods have been growing for seven consecutive years, and the trend continues through 2021.
“For eight months of 2021, their deliveries amounted to $11.4 billion, exceeding the level of 2020 by 19%,” Nikishina specified. Products that showed the largest growth are copper, aluminum, direct reduced iron, copper wire, fertilizers, lumber, oilseeds, crustaceans, paper and cardboard.
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Mortgage loans worth MNT 787.2 billion disbursed www.montsame.mn

In the first nine months of 2021, mortgage loans worth MNT 787.2 billion were disbursed to 10.5 thousand borrowers through the source of the central bank.
This is an average of MNT 87.9 billion in loans issued per month in 2021, according to the Bank of Mongolia today.
In October and November of this year, the Bank of Mongolia will provide financing of MNT 40 billion to commercial banks for mortgage loans, while banks will disburse loans worth MNT 26.7 billion from their own resources.
The Bank of Mongolia stated that the preparation is underway to fully transfer the mortgage loan program to the Government by 2023 and informed that the bank will ensure the continuity of the program until then.
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Mongolia logs more than 1,000 new COVID-19 cases www.xinhuanet.com

Nov. 2 (Xinhua) -- Mongolia recorded 1,021 COVID-19 cases over the past 24 hours, bringing the national tally to 362,526, the country's health ministry said on Tuesday.
Half of the new cases were detected in the national capital Ulan Bator, which is hardest hit by the pandemic due to the highly contagious Delta variant, the ministry said.
Meanwhile, 10 more COVID-19 patients aged over 40 died in the past day, taking the nationwide death toll to 1,682.
About 65.8 percent of its population of around 3.4 million has received two COVID-19 vaccine doses, with over 418,000 Mongolians having taken a booster dose.
The government has urged the public to avoid mass gatherings, wear masks in public, and receive a booster shot.
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Rio Tinto CEO says zero emissions path might not be clear until 2030 www.bloomberg.com

The chief executive officer of Rio Tinto Group, the world’s biggest iron ore miner, said it might take until the end of this decade before the company has a clear view on how it will become fully carbon neutral.
Rio Tinto’s Jakob Stausholm last month laid out plans to spend $7.5 billion to decarbonize its assets over the next decade and help drive a 50% reduction in its operational emissions by 2030.
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Yet, speaking at the COP26 summit in Glasgow on Monday, the CEO said technological breakthroughs are needed for the mining giant to go further.
“You can’t solve 100% of CO2 without some breakthroughs,” Stausholm said in a Bloomberg TV interview.
“By 2030, we want to have halved our carbon footprint, and I want by 2030 to have a very clear pathway, without a lot of uncertainty, towards zero.”
(By Thomas Biesheuvel)
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President U.Khurelsukh attending COP26 World Leaders Summit www.montsame.mn

Glasgow /MONTSAME/. President of Mongolia U.Khurelsukh is attending the World Leaders Summit: 26th UN Climate Change Conference (COP26) being held in Glasgow, UK.
As organizers of the summit, Prime Minister of the United Kingdom of Great Britain and Northern Ireland Boris Johnson and Secretary-General of the UN António Guterres greeted President U.Khurelsukh to express gratitude for making time to attend the summit in-person.
State and government heads of over 130 countries are attending the summit being organized in the framework of the 26th UN Climate Change Conference taking place between October 30 and November 12.
The summit aims to accelerate the implementation of the Paris Agreement by further defining the commitments made by countries and gathering financing in the framework of the measures to be taken for net-zero greenhouse gas emissions by 2050 and limiting global warming to 1.5°C.
Mongolia aims to reduce greenhouse gas emissions, the main cause of climate change, by 22.7 percent by the year of 2030. With the introduction of new technologies and innovative solutions, and the establishment of a sustainable system for green financing, it is planned to further increase the reduction of GHG, reaching 27.2 percent.
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