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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Government to Urgently Submit Draft Law to Ban Online Gambling www.montsame.mn

During its regular session on March 6, 2025, the Cabinet of Mongolia decided to submit a draft Law to Amend the Law on Permits to ban betting, gambling, and online gambling except sports betting to the State Great Khural urgently.
Minister of Mongolia, Chief Cabinet Secretary Uchral Nyam-Osor noted, “According to a survey conducted by the National Statistics Committee, 200 economic crimes were registered in 2023, amounting to a loss of MNT 417.2 billion as of 2024. Mainly young people aged 18-39 were involved in these crimes. Financial investigation data shows that MNT 1.7 trillion or USD 500 million have been transferred from Mongolia to foreign countries. Although the Communications Regulatory Commission has restricted access to 6,000 domain addresses that conduct online gambling, these sites have changed their links and are still operating. Moreover, the Antimonopoly Agency has imposed fines on law-breaking enterprises, but according to the laws in force, the penalty amounted to just MNT 13 million. Therefore, we are going to amend the relevant laws to ban such activities.”

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Revenue from Natural Resource Utilization Fees Increased www.montsame.mn

In the 2024 fiscal year, revenue from natural resource utilization fees increased by MNT 30.6 billion from 2023, reaching a total of MNT 283.9 billion.
According to the law, revenues from fees for forest, wildlife, plants, and land use by individuals, businesses, and organizations are allocated to the local budget. These funds are legally mandated to be used for environmental protection and restoration measures.
Under the Resolutions passed by the Governor's Offices and the Citizens' Representative Khurals of the Capital City, aimags, soums, and districts in 2024, MNT 72.5 billion was allocated for environmental protection and natural resource restoration measures as stipulated by the Natural Resource Utilization Fee Law. However, according to the year-end financial report for 2024, MNT 47.3 billion, or 64.3 percent, was utilized.
According to the Ministry of Environment and Climate Change of Mongolia, the total revenue from natural resource utilization fees consists of:
Land use fees: MNT 162.2 billion
Water resource fees: MNT 86.9 billion
Forest resource fees: MNT 20.04 billion
Wildlife resource fees: MNT 14.3 billion
Plant resource fees: MNT 363.7 billion
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New Road Construction and Upgrades in Ulaanbaatar for 2025 www.montsame.mn

In 2025, Ulaanbaatar City plans to construct new roads in 10 locations and upgrade roads in 41 locations.
In 2024, a total of 137.1 kilometers of roads were renovated across Ulaanbaatar, which is 10 times the average length of roads built over the past decade. With the declaration of 2025 as the “Year of Construction,” Ulaanbaatar City is focused on projects aimed at improving air and environmental quality, reducing traffic congestion, and enhancing the quality of life for its residents.
Notably, Ulaanbaatar plans to construct an 800-meter bridge connecting Naadamchdiin Street to the First Microdistrict, as well as new roads from Tonyukuk Road to the Playtime Tourism Complex, and roads leading to the centralized waste disposal sites at Moringiin Davaa and Tsagaan Davaa.
As part of the city’s mega projects for urban development, the feasibility study for the First Ring Road is underway. A tender will be announced in June of this year to select a contractor for the construction work, which is scheduled to begin in August. Additionally, the tender has been announced to select the contractor for the Tuul Highway Project, with construction expected to start by April 2025. This Project will include tasks such as laying asphalt concrete pavement, raising manhole covers, installing new drainage systems, and replacing guardrails.
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Ch.Bolortuya: Prime Minister's spouse and children reside in Mongolia www.gogo.mn

Recent social media speculation has suggested that Prime Minister L.Oyun-Erdene's children live abroad with their mother. Addressing these claims, Ch.Bolortuya, the Prime Minister's spokesperson, issued an official statement. 
According to Ch.Bolortuya, Prime Minister L.Oyun-Erdene is married to B.Tuul, his former classmate from secondary school. The couple resides in Mongolia with their three children. Since their youngest child is still very young, B.Tuul is currently at home taking care of them. Ch.Bolortuya dismissed the rumors that the Prime Minister’s family is living in England.

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Signing and Exchange of Notes on “the Economic and Social Development Programme” to Mongolia www.mofa.go.jp

On March 4, 2025, in Tokyo, H.E. Mr. IWAYA Takeshi, Minister for Foreign Affairs of Japan and H.E. Ms. Batmunkh Battsetseg, Minister for Foreign Affairs of Mongolia signed and exchanged notes concerning two grant aid projects for the Economic and Social Development Programme.The outline of each project is as follows:
1. Grant Aid for the Provision of Equipment for Monitoring Air Pollution “the Economic and Social Development Programme” (275 million yen)
In Ulaanbaatar, the capital of Mongolia, air pollution from sources such as thermal power plants, coal stoves in ger districts, and yellow sand is a serious problem, and there are concerns about its impact on the health of the city's residents. This project will provide air pollution measurement equipment to provide citizens with appropriate air pollution information.
2. Grant Aid for the Provision of Sewerage Management Equipment “the Economic and Social Development Programme” (270 million yen)
Since the city of Ulaanbaatar is required to maintain stable urban functions,this project will provide related equipment to improve the sewerage system.
(Reference)Basic Data on Mongolia
Mongolia has an area of approximately 1,564,100 square kilometers (approximately four times the area of Japan), a population of about 3.5 million people (2023, the National Statistics Office of Mongolia), and a gross national income (GNI) per capita is 4,950 USD (2023, World Bank).

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Sa’ar appoints new ambassadors to China, Mongolia, Poland, Myanmar www.timesofisrael.com

Foreign Minister Gideon Sa’ar approves the appointments of three new Israeli ambassadors, including a key post to China, says his office.
Eli Belotserkovsky, a former ambassador to South Africa and Ukraine, is appointed as ambassador to China and nonresident ambassador to Mongolia. In November 2023, Belotserkovsky was recalled from South Africa following that country’s call to arrest Prime Minister Benjamin Netanyahu. He has also served as chargé d’affaires at the Israeli Embassy in Russia.
Yaakov Finkelstein is appointed as ambassador to Poland. He currently serves in the Foreign Ministry’s Europe Division and has previously served as consul general in Mumbai.
Oren Bar-El is appointed as ambassador to Myanmar. He currently serves in the ministry’s Public Diplomacy Division and was formerly ambassador to Costa Rica.
The appointments will be presented by Sa’ar to the relevant committees and the full government, the Foreign Ministry says in a statement.

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PDAC: Canada, Australia risk falling behind in investment race, BHP boss says www.mining.com

Canada and Australia could trail emerging mining nations such as Argentina if their governments don’t speed up permitting and lower costs, BHP (NYSE, LSE, ASX: BHP) CEO Mike Henry warned.
Countries such as the United States, Argentina and Saudi Arabia are making “sizeable” efforts to reform their mining sector and attract capital, Henry said Sunday in Toronto. At the same time, established natural-resource powerhouses such as Canada and Australia have seen their global attractiveness erode.
Henry’s comments come as the US administration of President Donald Trump looks to spur domestic production of critical minerals in part by overhauling permitting requirements. According to a June 2024 report by S&P Global, the US has the second-longest average development times in the world of the 23 countries they evaluated.
“Just as is the case for business, nations need to remain competitive on the global stage or they will be left behind in the race for metals and minerals investment programs,” Henry said in a speech and subsequent question and answer session at the annual Prospectors & Developers Association of Canada conference. “The competitive landscape isn’t static.”
Benchmarking
If a country isn’t constantly benchmarking, “it runs the risk of falling behind,” added Henry. “Once capital mobilizes in one direction, sometimes it can be quite hard to mobilize in the other direction.”
Permitting delays are a key irritant for miners. New mines in Australia and Canada typically take from 10 to 15 years to get built, compared with as few as five years in a country like Chile, Henry said.
Although Canada possesses many advantages, including plentiful natural resources and a strong ecosystem that includes engineering firms with mining experience, the country is no longer as attractive to foreign investment as it once was, the Canadian-born Henry said.
Canada’s competitiveness has dropped from eighth to 19th in the past four years in the World Competitiveness Yearbook published by the Switzerland-based International Institute for Management Development, and the country needs a renewed reform agenda to bolster mining competitiveness, he said.
Issues in Australia include electricity prices that are about 50% higher than in the US and combined tax and royalty levels that are “simply uncompetitive for capital,” Henry said. To make matters worse, the country has limited reserves of “future-facing commodities” like copper, nickel or lithium, he added.
“Australia can no longer rely as heavily on its geological advantages but instead must exercise its policy muscles to improve competitiveness,” he said. “It needs to confront the fact that productivity growth is sluggish across the broader economy and has fallen in the mining sector across the past two decades.”
‘Can-do’
As a result, policymakers “need to examine the entire set of policy and regulatory settings and ask whether they are making the country more or less competitive globally,” the BHP CEO added.
It’s a different story in the US, where multiple initiatives are under way to expand mining output. Henry spent last week in Washington to meet with US lawmakers and says he came away encouraged by the “can-do, make-it-happen attitude” in his meetings.
Compared with Canada and Australia, “other countries are mobilizing a more urgent effort and have higher ambitions around this. That includes the US, who’s currently behind the curve but could very well end up being far ahead of the curve if they carry through with some of their current intent,” he said.
Henry is also optimistic about Argentina, given its reserves of copper, gold and lithium. In copper alone, projects representing about 1.2 million tonnes of annual output are in the pipeline, with “much more to come,” he said.
BHP and Canada’s Lundin Mining (TSX: LUN) recently closed the $4.1 billion acquisition of Argentina’s Filo Corp as part of an increased focus on copper. BHP’s contribution was about $2 billion, Henry said.
“Argentina could very well become a top 5 copper producer,” Henry said. “Argentina is serious about competing globally,” he said. “They know they need to attract capital to make it happen and they are focused on unlocking the opportunity. Our sector is taking notice.”
Reforms
Since taking office in December 2023, Argentinian President Javier Milei has taken steps to make the country more attractive for mining investment, primarily by pursuing deregulation, reducing inflation, and improving economic stability.
Last year, the Milei administration introduced the Incentive Regime for Large Investments, offering 30-year tax, trade, and foreign-exchange benefits for projects investing at least $200 million in sectors such as mining.
The reforms have attracted some large investments: In December, Rio Tinto (NYSE, LSE, RIO, ASX: RIO) announced a $2.5 billion investment to expand its Rincon lithium project. This development is expected to position the country as a leading lithium producer.
Canada’s First Quantum Minerals (TSX: FM) plans to invest $3.6 billion in the Taca Taca copper project in Salta province. If realized, this could elevate Argentina into the top 10 global copper producers.
Having abandoned attempts to acquire Anglo American (LSE: AAL), BHP is busy pivoting to organic growth. Up to $10 billion is being spent on Chile’s Escondida, the world’s largest copper mine, in which Rio Tinto has a 30% stake.
Urbanization and growing electrification are two of the reasons the use of critical minerals is projected to soar in the coming decades. Copper, for one, is facing a 70% increase in demand by the middle of the century, Henry said. Some $250 billion will be needed over the next five to 10 years to keep pace with the surging appetite for metals, BHP forecasts.
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Japan to give Mongolia $3.7 million grant aid for infrastructure www.mainichi.jp

Japan on Tuesday promised 545 million yen ($3.7 million) in grant aid to Mongolia to help improve the infrastructure of the strategically key nation sandwiched between China and Russia.
Foreign Minister Takeshi Iwaya and his Mongolian counterpart Batmunkh Battsetseg signed related documents after their talks in Tokyo, where they reaffirmed continued collaboration on the issue of Japanese abductees taken by North Korea in the 1970s and 1980s.
"It has become more important for Japan and Mongolia to step up cooperation as special strategic partners for peace and prosperity," Iwaya said at the meeting. Battsetseg called boosting relations with Japan "one of the top priorities" of her nation's foreign policy.
The Japanese Foreign Ministry said 275 million yen will be provided to deliver air pollution monitors, while 270 million yen will be earmarked for equipment to develop the sewerage system.
Japan has been beefing up defense and economic ties with Mongolia, a landlocked country heavily dependent on China and Russia in terms of trade and energy, in recent years.
Japan has decided to provide the Mongolian military an air traffic control radar system worth 1.3 billion yen in the first provision under Tokyo's "official security assistance" program launched in 2023 to support like-minded states.
Mongolia, which maintains a friendly relationship with North Korea, has served as a mediator over the abduction issue. Tokyo and Pyongyang have no diplomatic ties.

 

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The MongolZ Becomes the National Team of Mongolia www.montsame.mn

The MongolZ has officially become the National Team of Mongolia, allowing the Government of Mongolia to fully support the team and further develop esports in the country.
In recent years, The MongolZ has broken all Asian records in Counter-Strike 2 and is currently ranked 3rd in the world. The team is set to compete in the ESL Pro League Season 21 and other top-tier tournaments in Sweden, Denmark, the USA, Australia, Romania, and other countries.
Esports was introduced as a medal event in four categories at the 19th Asian Games Hangzhou 2022, held in Hangzhou, China, in 2023. At the 20th Asian Games Aichi-Nagoya 2026, to be held in Japan in 2026, the program will expand to include eight esports disciplines.

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UK-Mongolia Political Dialogue - Joint Statement www.gov.uk

Minister for the Indo-Pacific Catherine West, welcomed Mongolian Deputy Prime Minister Amarsaikhan Sainbuyan to London for the 15th UK-Mongolia roundtable.
Joint Statement
British Parliamentary Under-Secretary of State for the Indo-Pacific, Minister Catherine West MP, welcomed Mongolian Deputy Prime Minister Amarsaikhan Sainbuyan to London on 26 February 2025 for the 15th UK-Mongolia roundtable, and the first annual political dialogue under the UK-Mongolia Joint Cooperation Roadmap towards a Comprehensive Partnership.
Minister West and DPM Amarsaikhan affirmed the strong partnership between the UK and Mongolia, grounded in shared democratic values, open societies, and a growing economic relationship.
Both sides noted deepening geopolitical tensions, stressed their commitment to upholding the principles of the UN Charter, and called on all countries to refrain from using force against the territorial integrity and political independence of any state. They agreed to continue to work closely to uphold international law and advance our shared principles.
Economic Growth
The Ministers confirmed that the UK and Mongolia will work together with a view to increasing the volume of trade and investment between the two countries – to drive mutual economic growth
They agreed to continue discussions with UK Export Finance to explore support for the construction of the metro system in Ulaanbaatar.
Talks also focused on facilitating trade and investment by working towards the removal of barriers to trade and red tape, and creating stable and transparent business environments.
Energy Transition
The Ministers stressed the urgency of action to address the impacts of climate change. They committed to achieving the UK and Mongolia’s NDC and welcomed the recent allocation from the NDC Partnership to Mongolia, including funding from the UK, to reach Mongolia’s climate goals.
They encouraged greater public-private partnerships to leverage public finance for private sector investment in line with both countries’ climate strategies.
They looked forward to Mongolia hosting COP17 on Desertification in 2026 and agreed to facilitate an exchange of experts to support preparations for and the outcome of COP17.
Women’s empowerment
The Ministers reaffirmed both countries’ commitment to gender equality and to expanding the number of women elected to both parliaments. Minister West welcomed the expanded number of female parliamentarians in the Mongolian parliament following elections in 2024, and commended Mongolia for its quota target of 40% of female candidates by 2028. DPM Amarsaikhan welcomed the UK achieving its highest level of female representation in the UK parliament following the 2024 UK general election.
The Ministers agreed to work together in multilateral fora ahead of the 30th anniversary of the “Beijing Declaration and Platform Action”.
Critical minerals
The Ministers agreed on the importance of extracting Mongolia’s mineral wealth in a manner that preserves Mongolia’s unique environmental legacy. They discussed the importance of responsible mining, and of high environmental, social and governance standards, as well as investing in Mongolian’s skills development.
In this regard, both sides expressed their commitment to cooperate within the framework of Memorandum of Understanding on critical minerals.
Education, Civil Society and People-to-people ties
The Ministers noted the strength of people-to-people ties between the UK and Mongolia, including the exchange of students through the Chevening Scholarship programme and “Mission 2100” scholarship programme initiated by the President of Mongolia.
Minister West reaffirmed the UK’s support for English language teaching in Mongolia and both ministers welcomed the progress in expanding English language provision. This could include building on existing partnerships with British companies to increase access to and improve the quality of English Language teaching, as well as supporting remote and disadvantaged communities with UK Overseas Development Assistance.
The Ministers agreed to explore possibilities to expand higher education opportunities for Mongolian students, including through the Chevening Scholarship, and to expand partnerships between universities.
They looked forward to the exhibition of the Arts of the Mongol World to be held at the Royal Academy in 2027, and welcomed expanding cultural cooperation.
They noted the important contribution that civil society organisations play in democratic societies, and committed to continue to engage with and seek inputs from civil society organisations representing a broad range of communities to strengthen democratic debate.
Minister West and DPM Amarsaikhan looked forward to and highlighted the importance of future high-level visits between the UK and Mongolia.
On the sidelines of the roundtable meeting, DPM Amarsaikhan held a bilateral meeting with Minister Gareth Thomas. During the meeting, the Ministers held constructive and fruitful discussions on further broadening the bilateral relationship in areas of mutual interest, including the promotion of trade and economic cooperation.
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