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    

Events

Name organizer Where
MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2024 London UK MBCCI London UK Goodman LLC

NEWS

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IFC Announces Matthieu Le Blan as New Resident Representative for Mongolia www.ifc.org

IFC, a member of the World Bank Group, has announced the appointment of Matthieu Le Blan as Resident Representative for Mongolia, based in Ulaanbaatar.
Le Blan will focus on coordinating IFC’s program of investment and advisory activities to support economic diversification, job creation and sustainable growth, aligning with the World Bank Group’s strategic priorities in Mongolia.
Le Blan brings over 25 years of experience in private sector and infrastructure development financing across Central Europe, the Caucasus, Central Asia and Mongolia. Prior to joining IFC, he served as Country Representative for Mongolia at the Global Green Growth Institute (GGGI), where he worked on developing solar heating and energy efficiency projects.
“IFC has a strong track record of fostering innovations that address some of Mongolia’s most pressing development challenges,” said Le Blan. “I am excited to collaborate with public and private partners to generate positive development outcomes for the people of Mongolia.”
Since 1997, IFC has invested and mobilized over $5 billion in Mongolia, supporting private sector projects in areas such as sustainable mining, banking, hospitality, services, and finance for Micro, Small and Medium-sized enterprises. IFC has also been expanding its advisory services to the Mongolian government and firms to spur private sector development in key sectors such as livestock, renewables, and the financial industry.
Le Blan held various positions at the European Bank for Reconstruction and Development from 2001 until 2017, including Country Representative for Mongolia between 2013 and 2017, then was Board Director of the largest Wind Farm of the country. Prior to joining GGGI, he worked in UNOPS as Senior Partnerships Advisor for Central Asia.
Le Blan holds a master’s degree in economy and public management from Sciences-Po Paris.
About IFC
IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2024, IFC committed a record $56 billion to private companies and financial institutions in developing countries, leveraging private sector solutions and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org.
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Agreement on Air Relations Signed between Mongolia and Kuwait www.montsame.mn

State Secretary of the Ministry of Road and Transport Batbold Sandagdorj and President of the Kuwait Directorate General of Civil Aviation (DGCA) Sheikh Humoud Mubarak Al-Jaber Al-Sabah signed an Agreement on Air Relations between the Government of Mongolia and the Government of Kuwait on January 19, 2025, in Kuwait City.
The Agreement establishes a legal framework for direct flights between Mongolia and The State of Kuwait.
The Agreement will provide the basis for the airlines of the two countries to operate direct flights, which will have economic significance for Mongolia to use as a connecting point for new flights to European countries, as well as increasing passenger traffic, promoting tourism, boosting trade and economic turnover between the two countries, facilitating logistics of meat exports from Mongolia to Kuwait, and making the flow of exports consistent.
After signing the Agreement, State Secretary Batbold and President of the DGCA Sheikh Humoud Mubarak Al-Jaber Al-Sabah held an official meeting. Highlighting the role of the road and transport sector as the foundation for expanding and developing cooperation in the economic, trade, tourism, culture, and education sectors, State Secretary Batbold expressed the country’s interest in launching direct flights between the two countries in the near future.
President of the DGCA Sheikh Humoud Mubarak Al-Jaber Al-Sabah expressed his support for launching direct flights between the two countries and noted that he would hold meetings on this issue with Kuwait Airways and Al Jazeera Airlines and study the possibilities. He further noted that the DGCA is working with relevant Kuwaiti organizations on establishing an intergovernmental agreement on the mutual exemption from visa requirements between Mongolia and The State of Kuwait.
This year marks the 50th anniversary of the establishment of diplomatic relations between Mongolia and The State of Kuwait.
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Savings in the National Currency Increased by MNT 4.9 Trillion www.montsame.mn

As of the end of December 2024, the savings in Tugrug, the national currency of Mongolia, reached MNT 22.1 trillion, an increase of MNT 989.1 billion, or 4.7 percent compared to the previous month and an increase of MNT 4.9 trillion, or 28.8 percent, compared to the same period of 2023.
Of the total Tugrug savings, MNT 19 trillion (86.1 percent) is made by individuals, whereas MNT 3.1 trillion (13.9 percent) by enterprises.
Moreover, savings in foreign currency reached MNT 4.9 trillion, which is an increase of MNT 325.1 billion (7.2 percent) compared to November 2024 and a decrease of MNT 142.6 billion (2.9 percent) compared to the same period last year.
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An Esteemed Man to be Honored and Cherished in the Heart and Mind of the People of Mongolia in Perpetuity www.montsame.mn

Honorable Ochirbat Punsalmaa, First President of Mongolia, passed away on January 17, 2025, aged 83.
The State and people of Mongolia are inflicted an irreparable loss and deeply saddened by the passing of the First President of Mongolia Ochirbat Punsalmaa, a distinguished statesman, public figure, and a beloved son of Mongolia.
Mr. Ochirbat was the Chairman of the Commission mandated to draft Mongolia's new democratic Constitution and played a pivotal role in consolidating constitutionalism and rule of law in Mongolia, expanding Mongolia's foreign relations and strengthening Mongolia’s position in international community.
Ochirbat Punsalmaa was born the son of herder Punsalmaa on January 23, 1942, at the Bunkhant area in Tudevtei soum of Zavkhan aimag, Mongolia. After completing secondary education in 1951-1960 at schools #8 and #14, young Ochirbat was enrolled in the Leningrad Institute of Mining from which he graduated in 1960-1965 with a degree in mining engineering. Mr. Ochirbat Punsalmaa earned a PhD in Technical Sciences in 1975 and a Doctor of Economics in 1999.
The first President of Mongolia Ochirbat Punsalmaa began his career as a specialist at the Ministry of Industry in 1966. He served as the Chief Engineer at the Shariin Gol Mine between 1967-1972. He served as the Deputy Minister for Fuel, Energy, and Geology in 1972-1976, Minister for Fuel, Energy, and Geology in 1976-1985, Chairman of the State Commission for Foreign Economic Relations in 1985-1987, Minister for Foreign Economic Relations in 1987-1990, Chairman of the Presidium of the People’s Great Khural of the Mongolian People’s Republic between March 21, 1990, and September 1990, President of the Mongolian People’s Republic between September 3, 1990, and February 1992, and President of Mongolia from February 12, 1992. Mr. Ochirbat won the Mongolian Presidential Election of 1993, earning the trust of the Mongolian people, and served until June 1997.
The first President of Mongolia Ochirbat Punsalmaa chaired the Board of the Mongolian University of Science and Technology (MUST) between 1999 and 2001 and served as a Leading Professor of the Professors’ Team at the Center for Ecology and Sustainable Development at the Mongolian University of Science and Technology from 2000, Member of the Constitutional Court of Mongolia between 2004 and 2016, and a Consulting Professor at the School of Geology and Mining of the MUST from 2010.
Mr. Ochirbat Punsalmaa was an Academician and Member of the Mongolian Academy of Sciences, an Honorary Doctorate of the Mongolian University of Science and Technology, the Dankook University of the Republic of Korea, and the Saint Petersburg Mining University of the Russian Federation. He was also a Member of the International Academy of Environmental Safety, a Leading Member of the World Academy of Mining Sciences, an Honorary Lawyer at Wesleyan University in the United States, and an Honorary Professor at L.N. Gumilyov Eurasian National University of the Republic of Kazakhstan.
Mr. Ochirbat Punsalmaa evaluated the current state of Mongolia's mining industry and outlined its development prospects. He had authored numerous valuable independent and collaborative works, including a seven-volume compendium titled “Development Strategy of Mineral Resources and Ecology of Mongolia,” "Development Strategy of the Precious Mineral Complex and Ecology of Mongolia," "Development Strategy for Coal Industry and Ecology," "Fundamentals of Mineral Enrichment Technology, Mining Technology, Economics, and Ecology," and a four-volume set titled "Mining Economics, Business, and Management," among many others, addressing geological and mining-related issues and proposing solutions to them. He had also written numerous books, monographs, articles, and essays on socio-political topics such as "The Constitution of Mongolia, Its Implementation, Oversight, and Research," "Development of Mongolian Democracy," and "The Time of Heaven," all accessible to the public.
During his seven years in office as President of Mongolia, Ochirbat Punsalmaa honorably fulfilled the responsible duties of the Head of State of Mongolia and made weighty contributions to creating a new legal environment for achieving the country's historic goal of transitioning to democracy and a market economy, reforming the governance, and consolidating social harmony and consensus.
In recognition of his outstanding service to the development and prosperity of his motherland Mongolia, Mr. Ochirbat was awarded the Order of the Polar Star in 1972, the Supreme Decoration of Mongolian State, Order of Chinggis Khaan, in 2005, and the State Premium of Mongolia in 2022 for his seven-volume joint work "Mining Technology, Economics, and Ecology". Moreover, he received various titles and decorations, such as the "Distinguished Miner" Order of the Union of Soviet Socialist Republics, the Soviet Order of Miners Honor of I, II, and III degrees, the Honorary Medal of Energy, the Order of Labor Merit of Hungary, the Grand Order of Mugunghwa, the Supreme Order of the Republic of Korea, the “Torch of Liberty” Award of the United States.
A man of humble, gentle, friendly, humane, diligent, and steadfast character, and one who deeply respected culture and heritage and honored harmony, the first President of Mongolia, Academician Ochirbat Punsalmaa, and his science-based, principled, and creative cause, will forever be cherished in the hearts of the Mongolian people.
We, the Mongolians, for generations, will honor and remember your contributions to the development of Mongolia.
Khurelsukh Ukhnaa,
Amarbayasgalan Dashzegve,
Oyun-Erdene Luvsannamsrai,
Bayasgalan Gungaa,
Uchral Nyam-Osor,
Sanjsuren Bandi,
Unurbayar Gombosuren,
Gombojav Jamba
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From Mongolia to Dublin: ‘Coming to Ireland was a blessing. It was a great move for my life, I have no regrets’ www.irishtimes.com

Gonchigkhand Byambaa moved from Mongolia to Dublin in December 2017 after meeting her husband in her home country.
“We met in Mongolia. That time I was learning English and he was learning Mongolian. So we met through our friend and we stayed in Mongolia for three years, then I came to Ireland with him. It was actually a blessing. It was a great move for my life, I have no regrets.”
The couple now have two children, one girl (13) starting secondary school and a boy who is in junior infants in a Gaelscoil.
Shortly after making the move to Ireland, Byambaa lost her mother and father.
“I just landed and got a huge shock, a culture shock and I had to deal with my enormous losses in a different language and different culture,” she says.
“That’s why I started my activism here in Ireland, it was a way of coping.
“I realised that Mongolians did not integrate at all, they didn’t know what services were available, what their rights are. I started e-mailing NGOs [non-governmental organisations] that were working for migrants, just explaining that I’m Mongolian, I want to translate your news into Mongolian language and if possible I want to liaise the people to your services.”
The Immigrant Council of Ireland took her up on the offer. “I was one of the initiators of their We Are Here Too movement,” Byambaa says. “That campaign was highlighting migrant women who are facing domestic abuse in Ireland, raising awareness of the services that are available for migrant women and that there was more awareness needed from the State.”
Coming from a nomadic background herself, Byambaa says she was shocked by the treatment of Travellers in Ireland. She recalls learning about their shared culture. “We are quite amazingly connected by a nomadism. That’s how I really started to learn about Irish culture,” she says.
Struck by the contents of a documentary featuring Senator Eileen Flynn, the first Traveller woman in the Oireachtas, Byambaa decided to work with the Southside Travellers Action Group.
“I watched a documentary. Senator Eileen Flynn, she was talking about how the Irish Travellers are being treated. That hit me very hard. I couldn’t believe that the Irish government could discriminate [against] their own indigenous people that harshly because [the] Irish government put up a very nice image in the international community that they’re defenders of human rights,” Byambaa says.
Having studied social science as an undergraduate in Mongolia, Byambaa has fully immersed herself in community activism since moving to Ireland. She is currently working towards gaining a master’s in community and youth work at Maynooth University.
As the festival ambassador for Dublin Lunar New Year 2025, Byambaa has been busy preparing in advance of January 25th, when the celebrations kick off.
“We have many different events, including stand up comedy, film screenings, live performance and cooking and other workshops. As the Asian community, it’s a great opportunity to learn from each other,” she says.
The festival will culminate in a flagship event at Meeting House Square on February 2nd, with dance performances, street food markets and the opportunity to play some traditional Lunar New Year games.
I had no expectations of Ireland because the first I learned that Ireland existed [was] from my boyfriend
“In Mongolia, this year is going to be the year of the snake,” says Byambaa, “Snake represents kindness, beauty, and most importantly prosperity for everyone.
“We are basically asking for forgiveness and kindness from mother nature for the coming months. For the nomadic people, we are welcoming baby animals ... We take time to appreciate what we have … it’s the most sacred time and everyone celebrates it.”
Despite coming to Ireland with “no expectations”, Byambaa says she has been taken aback by “the friendliness and warmth of Irish people”.
“Here is really friendly. The friendliness and the warmth of Irish people is different. The friendliness is a huge contrast from my culture. We are quite a neutral-faced people, we don’t really express our emotion. So in Ireland, people smile a lot and say hello to each other, it’s these kind of small things that many people have taken for granted. It’s actually really nice for migrants like me,” she says.
“I had no expectations of Ireland because the first I learned that Ireland existed [was] from my boyfriend, now my husband. He [told me] that there was a country called Ireland, it’s a beautiful country,” she says. “So I healed my broken heart with the Irish beautiful, magical forest. I walked a lot and I met Irish people.”
Although challenging, Byambaa says she found living through the Covid lockdowns in Ireland to be a largely positive experience compared to that of her friends and family in Mongolia. “My experience being locked down in Dublin, and my sister’s experience in lockdown in Mongolia was like a completely different world,” she says.
“The government did not fearmonger too much, like in Mongolia … It wasn’t like there was a military helicopter following everyone. In Mongolia, it was totally locked down. There was no walking space anyway because the city is not planned well, so people went crazy and outside the apartments in Mongolia there was police officers and military tanks.”
Another “cultural shock” for Byambaa was “the greenness all the time” in Ireland, “because Mongolia has four really different seasons”. “I couldn’t believe that it was green all the time,” she says.
Byambaa says she has already visited every county in Ireland, with the exception of Donegal. “When we got engaged here in Ireland, our honeymoon was to travel the counties by train,” she says.
“It’s a very small country, and each county has their own unique beauty.”
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Agriculture Accounts for 48.6 Percent of Total Water Use www.montsame.mn

The Standing Committee on Industrialization Policy and Standing Committee on Environment, Food, and Agriculture of the State Great Khural (Parliament) of Mongolia held a joint meeting on January 14, 2025, to discuss the Government presentation on the current status and trends of industrial water supply and water use.
‘Water utilization in Mongolia was 594.8 million m3/year in 2021, 606.2 million m3/year in 2022, 679.1 million m3/year in 2023, and 618 million m3/year according to the preliminary report for 2024. The water utilization in the agricultural sector accounted for 48.6 percent, the mining sector for 26.1 percent, while water use for drinking and domestic purposes made up 14.5 percent, the energy sector used 5.8 percent, and the industrial and services sector accounted for 5.0 percent," stated State Secretary of the Ministry of Environment and Climate Change Battulga Erkhembayar
The revenue from water and spring resource use fee generated MNT 48.1 billion in 2021, MNT 50.9 billion in 2022, MNT 85 billion in 2023, and MNT 74.3 billion as of November 30, 2024. In addition, the revenue from natural resource use fee, in other words, fee for utilization of land, water, forest, wildlife, and plant resources, which is collected to the aimag and soum budget, totaled MNT 882 billion in 2020-2023.
In 2021, the rate of water resource use fees for mineral extraction, copper concentrate, fluoride enrichment, and the production of alcohol, beer, and alcoholic beverages was increased from 10 percent to 25 percent for surface water, and from 20 percent to 35 percent for groundwater.
However, the water fee can be reduced by 50 percent if water is softened or mineralized for drinking and domestic purposes, and the fee can be fully exempted, when the water is used for wildlife protection, wild animal breeding, and resettlement, as well as when water from snow, rain, and flood is collected and used for livestock farm and agricultural purposes.
In 2023, MNT 54.3 billion was budgeted for environment protection and natural resource restoration measures, and MNT 41.2 billion was spent, according to the performance report.
In his presentation, the State Secretary highlighted the need to implement comprehensive management measures, such as introducing new and advanced technologies for water conservation in the South Gobi region, where mining production is growing rapidly, reusing rainwater and treated domestic water, and changing the flow regime of some major rivers to accumulate and use. He emphasized the need to improve inter-sectoral coordination and cooperation to meet the ever-increasing demand for water.
After the presentations, members of the Standing Committees expressed opinions and put suggestions, including improving water protection, raising the water use fees for industrial purposes to an appropriate level, making the fee reduction and exemptions to businesses that recycle water by building treatment facilities more effective, improving the legal and regulatory framework for water reuse, ending the use of natural clean water in production and agriculture, and intensifying the implementation of the Kherlen-Toonot and Orkhon-Ongi projects.
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Prime Minister of Mongolia Delivers Remarks on Investment Agreement on Mongolia-France Uranium Project www.montsame.mn

On January 17 2025, Prime Minister of Mongolia Oyun-Erdene Luvsannamsrai attended the signing ceremony of the Investment Agreement to collaborate on a uranium project between the Government of Mongolia and the "Orano Mining" company of the French Republic and delivered remarks. We present the full speech of Prime Minister Oyun-Erdene.
Dear Mongolians,
Dear International Investors,
Today, Mongolia is signing an Investment Agreement with France on cooperation in a uranium project. This agreement is of historic significance as it is the second major investment agreement Mongolia has signed with a third neighbor.
There is a saying, "A Mongolian Yes is a Pledge." While it is not easy to make a deal through open debate with the Parliament, once a deal is made, it is legally stable. The Government of Mongolia will strictly adhere to the Investment Agreement and Intergovernmental Agreement approved by the State Great Khural.
Witnessing this historic moment, the honorable members and officials of the State Great Khural and Government of Mongolia, Minister Delegate for Foreign Trade and French Nationals Abroad Laurent Saint-Martin, Ambassador of the Republic of France to Mongolia Corinne Pereira, CEO of “Orano” Group Nicolas Maes, I would like to express my gratitude to you all and congratulate you on the 60th anniversary of the establishment of diplomatic relations between Mongolia and France, which is marked this year.
I would like to emphasize that the Republic of France is our “third neighbor” and a close and reliable partner in Europe. On behalf of the Government, I would like to express my gratitude to President of Mongolia Khurelsukh Ukhnaa, Chairman of the State Great Khural Amarbayasgalan Dashzegve, the members of Parliament who openly discussed and approved the investment agreement at the sessions of the State Great Khural, the leaders of the political parties in Parliament, the Working Group of the Government, and academics in the field.
As part of the systemic reform for implementing the long-term development policy of Mongolia “Vision-2050,” Mongolia transitioned to a mixed electoral system with the amendments to the Constitution in 2023. As a result of the 2024 parliamentary elections, a Joint Government was formed and proposed the “Courage for Rapid Development” Program, announcing the implementation of 14 mega projects that had been stalled for many years due to political reasons.
The Joint Government has managed to launch its third mega project today. In terms of its socio-economic importance, I believe this project will give countries confidence in Mongolia’s investment environment and will be the starting point for an important revival of foreign direct investment, particularly investment into clean energy. We are taking an important step towards fulfilling the obligations and commitments to the United Nations and the international community under the 2015 Paris Agreement on combating climate change. As part of this project, 68.9 thousand tons of uranium, the main raw material for green energy, nuclear energy, will be produced, reducing the country's greenhouse gas emissions by 3.9 billion tons, compared to traditional coal-fueled power plants.
I would like to note that Mongolia is putting its natural resources into economic circulation towards the production of clean energy. The implementation of this project will bring about USD 5 billion in revenue to the Mongolian people, and USD 44 million will be directly transferred to the rural development fund to support rural communities and finance their education, health, and social development.
The project is unique in that the revenue from the project will be directly collected in the savings accounts of citizens in the Savings Fund of the “National Wealth Fund” from the moment the project is launched in accordance with the Law on the National Wealth Fund, without waiting for dividends. This Investment Agreement proves to countries that the Law on the National Wealth Fund does not restrict investors but rather provides a legal environment that ensures citizens’ participation and support for large projects through holding mutually beneficial deals.
The parties have agreed to follow international standards based on the good practices of Kazakhstan in project implementation, and I would like to remind the investor that the Mongolian people and civil society organizations require all obligations under the agreement to be strictly fulfilled, including environmental protection, rehabilitation, and quality standards. I also hope that new uranium mining technologies and know-how that meet French and European Union standards will be introduced to Mongolia, new types of factories be built, 1,600 highly qualified specialists trained, and a skilled human resource formed from Mongolian citizens, as reflected in the agreement
As the country with the fastest growing economy since COVID, Mongolia is ready to work with governments, investors, and wealth funds from all over the world to develop mutually beneficial investment cooperation in mineral resources, clean energy production, agriculture, tourism, transport logistics, and infrastructure. May Mongolia prosper under the eternal blue sky."
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Pope praises Buddhist revival in post-Soviet Mongolia www.vaticannews.va

Pope Francis has praised the “profound religious renewal” that has taken place in Mongolia since the 1990s.
In a meeting on Monday with a delegation of Mongolian Buddhists, Pope Francis said that the country has “reclaimed” its “rich religious heritage” by “reviving traditional spiritual practices and integrating them into the nation’s development”.
From 1921 until the late 1980s, Mongolia was a one-party state with close ties to the Soviet Union, and religion was violently repressed. Buddhism was the main target of the repression, being by far the largest religion in the country, which is also home to small numbers of Muslims, shamanists, and Christians.
Holy See-Mongolia relations
The Pope said that the meeting – the first to be held in the Vatican between a Mongolian Buddhist delegation and a Pope – was of “particular significance”, and reflected the “friendly and enduring relations” between the Holy See and the “noble people of Mongolia”.
The Buddhist delegation was accompanied by Cardinal Giorgio Marengo, the Apostolic Prefect of Ulaanbaatar.
In September, Pope Francis visited Mongolia, becoming the first Pope ever to do so.
The Jubilee Year
Pope Francis also noted that the Buddhists’ visit comes amid the Church’s 2025 Holy Year, a time of “pilgrimage, reconciliation and hope”.
“In a time marked by natural disasters and human conflicts,” the Pope said, “this Holy Year calls us to the shared goal of building a more peaceful world.”
He also emphasised that religious leaders, each rooted in their own teachings, bear a collective responsibility to “renounce violence and embrace a culture of peace.”
In this regard, the Pope praised the Buddhists’ “commitment to religious freedom and dialogue”, saying that such “fraternal solidarity” enriches Mongolian society just as its increasing material prosperity does.
Visit to Rome
The Pope brought his address to a conclusion by saying that he hoped that the Buddhists’ stay in Rome would be “enjoyable and enriching”.
He encouraged his guests to “preserve in fostering … dialogue, fraternity, religious freedom, justice and social harmony”, and to continue strengthening their relations with the Catholic Church in Mongola, “for the sake of the peace and wellbeing of all”.
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Mongolia-Türkiye Strategic Partnership: A New Era of Economic and Cultural Collaboration www.farmonaut.com

“Mongolia-Türkiye Strategic Partnership marks 55 years of diplomatic ties, aligning Mongolia’s ‘Vision 2050’ with Türkiye’s ‘Century of Türkiye’.”
As we embark on a new chapter in international relations, we are witnessing the dawn of a transformative era in Mongolia-Türkiye relations. The establishment of a Strategic Partnership between these two nations marks a significant milestone, celebrating 55 years of diplomatic ties and paving the way for enhanced cooperation across various sectors. This historic development not only strengthens the bonds between Mongolia and Türkiye but also sets the stage for a future of shared prosperity and cultural exchange.
The Genesis of a Strategic Partnership
The foundation of this strategic partnership was laid during the momentous State Visit of President Khurelsukh Ukhnaa to Türkiye from January 15-19, 2025. This visit, at the invitation of President Recep Tayyip Erdoğan, was not just a ceremonial affair but a concrete step towards deepening bilateral relations between the two countries.
During this historic visit, both leaders engaged in extensive talks, culminating in the signing of a “Joint Declaration on Establishing a Strategic Partnership.” This declaration, along with over ten cooperation documents, encompasses a wide range of areas including:
Environmental protection
Infrastructure development
Youth and sports
Education
Health
The significance of this partnership lies in its comprehensive approach to collaboration, touching upon key aspects of national development and global challenges.
Mongolia-Türkiye Strategic Partnership
Aligning National Visions for Mutual Growth
A key aspect of this strategic partnership is the alignment of Mongolia’s “Vision 2050” with Türkiye’s “Century of Türkiye.” This synchronization of national goals is set to catalyze growth and development in both countries. The focus areas include:
Boosting investment
Enhancing exports
Developing free trade zones
Critical infrastructure projects
One of the flagship projects under this partnership is the development of “New Kharkhorum” city and the Orkhon Valley tourism complex. These initiatives not only promise economic benefits but also aim to preserve and showcase the rich cultural heritage of both nations.
Tackling Global Challenges Together
In an era where global challenges require global solutions, Mongolia and Türkiye have committed to addressing pressing issues such as climate change and food insecurity. A prime example of this collaboration is Mongolia’s “Billion Trees” National Movement, which aligns with global efforts to combat climate change.
To further this commitment, both countries have signed an Intergovernmental Agreement focusing on forestry. This agreement is a testament to their shared vision of environmental stewardship and sustainable development.
Health and Social Security Initiatives
The strategic partnership also extends to crucial areas of health and social security. The “Healthy Mongolian” initiative, aimed at reducing cancer incidence and creating a National Center for Cancer Treatment, is a prime example of how this collaboration can have a direct impact on the well-being of citizens.
These health initiatives are complemented by efforts to enhance disaster response capacities in both countries. By sharing knowledge and resources in disaster risk management, Mongolia and Türkiye are better equipped to protect their populations from natural calamities.
Preserving Cultural Heritage
A cornerstone of the Mongolia-Türkiye Strategic Partnership is the commitment to honor and preserve the historical and cultural connections between the two nations. This commitment is manifested in cooperative efforts to safeguard ruins and sites of cultural significance, including:
Turkic artifacts in Orkhon Valley
Sites from the Ilkhaan period in Türkiye
These preservation efforts not only protect invaluable historical treasures but also serve as a bridge between the past and the future, strengthening the cultural bonds between Mongolia and Türkiye.
“Mongolia’s ‘Billion Trees’ National Movement collaborates with Türkiye to address climate change and food insecurity challenges.”
Economic Collaboration and Business Forum
The economic dimension of this strategic partnership was prominently showcased during the “Mongolia-Türkiye Business Forum” held in Istanbul. This forum brought together entrepreneurs and business leaders from both countries, highlighting the strong entrepreneurial spirit and the mutual desire to foster economic cooperation.
President Erdoğan emphasized the importance of elevating trade relations, noting that while current trade volumes have surpassed initial targets, there is still significant potential for growth. This forum served as a platform for businesses to explore new opportunities and forge partnerships across various sectors.
Mongolia-Türkiye Economic Collaboration
Cultural Exchange and People-to-People Connections
The strategic partnership between Mongolia and Türkiye extends beyond economic and political spheres, placing significant emphasis on cultural exchange and people-to-people connections. During the State Visit, a performance by Mongolia’s Morin Khuur Orchestra in Türkiye served as a powerful symbol of the rich cultural heritage that both nations bring to this partnership.
Educational exchanges are also a key component of this cultural collaboration. By facilitating student and academic exchanges, both countries are investing in the future, fostering mutual understanding, and building lasting relationships between their peoples.
Regional and Global Cooperation
The strategic partnership between Mongolia and Türkiye also has implications for regional and global cooperation. Both nations have expressed their commitment to united efforts within frameworks like the United Nations to address global challenges. This alignment in international forums strengthens their collective voice on the world stage and contributes to global peace and stability.
Furthermore, the partnership opens up new avenues for collaboration in sectors such as:
Agriculture
Renewable energy
Technology transfer
Educational exchanges
These collaborative efforts not only benefit Mongolia and Türkiye but also contribute to the broader development and stability of their respective regions.
Infrastructure and Transportation Development
A key focus of the Mongolia-Türkiye Strategic Partnership is the development of infrastructure and transportation networks. This collaboration aims to enhance connectivity not only within each country but also between the two nations and their respective regions.
Major projects under consideration include:
Modernization of transport corridors
Development of logistics hubs
Expansion of air connectivity
These initiatives are crucial for facilitating trade, tourism, and people-to-people exchanges between Mongolia and Türkiye.
Agricultural Cooperation and Food Security
Agriculture plays a vital role in both Mongolian and Turkish economies. The strategic partnership recognizes this importance and aims to enhance cooperation in this sector. Key areas of collaboration include:
Exchange of agricultural technologies
Joint research in crop and livestock management
Cooperation in food processing and storage
This agricultural cooperation not only aims to boost productivity in both countries but also contributes to regional food security.
In this context, innovative agricultural technologies play a crucial role. For instance, Farmonaut, a leading agricultural technology company, offers advanced satellite-based farm management solutions that could potentially benefit farmers in both Mongolia and Türkiye. Their platform provides valuable services such as real-time crop health monitoring and AI-based advisory systems, which align well with the agricultural development goals of this strategic partnership.
Technology and Innovation Exchange
The Mongolia-Türkiye Strategic Partnership places a strong emphasis on technology and innovation exchange. This collaboration aims to leverage the strengths of both nations in various technological domains, including:
Information and Communication Technologies (ICT)
Renewable energy technologies
Smart city solutions
E-governance initiatives
By sharing expertise and resources in these areas, both countries can accelerate their technological advancement and digital transformation efforts.
Comparative Analysis of Mongolia-Türkiye Strategic Partnership
Aspect Mongolia Türkiye
National Vision Vision 2050 Century of Türkiye
Economic Cooperation Aim to increase bilateral trade volume significantly
Environmental Initiatives Billion Trees Movement Support for Mongolia’s environmental programs
Cultural Exchange Programs Morin Khuur Orchestra performances Educational exchanges and cultural events
Infrastructure Projects New Kharkhorum city development Support for Orkhon Valley tourism complex
Technology and Innovation Collaboration in ICT, renewable energy, and smart city solutions
Agricultural Development Focus on livestock management Expertise in crop production and processing
Future Prospects and Expectations
The Mongolia-Türkiye Strategic Partnership holds immense potential for the future. Both leaders have expressed optimism that the decisions made during the State Visit will significantly contribute to the prosperity and well-being of their respective nations. The partnership is expected to:
Boost bilateral trade and investment
Enhance cultural and educational exchanges
Strengthen cooperation in global forums
Foster innovation and technological advancement
As this partnership evolves, it is likely to create new opportunities for businesses, researchers, and citizens of both countries, fostering a deeper understanding and collaboration between Mongolia and Türkiye.
Conclusion
The Mongolia-Türkiye Strategic Partnership marks a new era in the relationship between these two nations. Built on a foundation of 55 years of diplomatic ties, this partnership promises to usher in a period of unprecedented cooperation and mutual growth. From economic collaboration to cultural exchange, from addressing global challenges to preserving shared heritage, this partnership encompasses a wide spectrum of areas that will shape the future of both countries.
As we look to the future, the potential for innovation and development in various sectors, including agriculture, is immense. Companies like Farmonaut, with their advanced agricultural technologies, could play a significant role in realizing the agricultural goals of this partnership. Their satellite-based solutions and AI-driven insights align well with the modernization efforts in both countries’ agricultural sectors.
The invitation extended by President Khurelsukh to President Erdoğan to visit Mongolia symbolizes the commitment to nurturing this friendship and ensuring lasting cooperation for future generations. As this strategic partnership unfolds, it not only strengthens the bonds between Mongolia and Türkiye but also contributes to regional stability and global progress.
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Vietnam targets Mongolia as promising market for tourism www.english.vov.vn

Vietnam is actively fostering bilateral tourism cooperation with Mongolia by expanding direct flights from Ulaanbaatar to major cities such as Hanoi, Ho Chi Minh City, Nha Trang, and Phu Quoc.
These efforts aim not only to facilitate two-way trade and tourism but also to tap into the potential of high-spending Mongolian tourists with long stays, particularly at renowned beach destinations like Phu Quoc and Nha Trang.
A potential market
Batjargal Munkhmandakh, who recently took a long holiday in Vietnam, said Vietnam, rich in cultural heritage, is a significant source of inspiration for Mongolians. Other factors attracting tourists to the Southeast Asian nation include convenient visa regulations, affordable prices, and family-oriented resorts and services that cater to both short visits and relaxing holidays.
With the support of travel company Adavigo, Munkhmandakh travelled the length and breadth of Vietnam in an attempt to discover the country’s land, people and culture.
“I have had the opportunity to travel to more than 20 countries and over 100 cities worldwide. Vietnam’s tourism has flourished in recent years, offering diverse experiences in places like Hanoi, Ho Chi Minh City, Nha Trang, Da Nang, Ninh Binh, and Phu Quoc. Particularly, Phu Quoc Island has become a popular destination for Mongolian tourists over the past few years. Each destination offers unique experiences that stimulate the senses and deepen the understanding of the rich cultural heritage of each region,” said the tourist.
As of November 2024, approximately 25,000 Mongolian tourists visited Vietnam, close to the 26,000 visitors recorded for the entire year of 2023. Notably, December 2024 marked several milestones in tourism cooperation between Mongolia and Vietnam, including the inauguration of first commercial flights from Ulaanbaatar to Ho Chi Minh City and direct flights from Ulaanbaatar to Nha Trang and Phu Quoc.
Addressing the launch ceremony, Vietnamese Ambassador to Mongolia Nguyen Tuan Thanh stated that the direct flights act as "bridges" connecting the two nations, thereby fostering the traditional friendship between Vietnam and Mongolia.
These routes not only reduce geographical distance and travel time but also facilitate trade and tourism activities, as well as cultural, educational, and people-to-people exchanges, said the diplomat.
The Ulaanbaatar–Ho Chi Minh City and Ulaanbaatar–Phu Quoc flights are currently operating at a frequency of 2 to 3 flights per week, while the Ulaanbaatar–Nha Trang route operates once a week. In addition, the Ulaanbaatar–Hanoi route is planned to meet the growing demand of tourists from both nations. These flights have enabled many hotels and tourism businesses to welcome Mongolian tourists with high spending power, who typically stay for extended periods ranging from 7 to 14 days in destinations like Phu Quoc or Nha Trang.
“Mongolian tourists are fond of the sea and relaxation, have shopping needs, and are willing to spend. They often travel in multi-generational family groups. Recognizing these preferences, hotels like Melia Vinpearl Phu Quoc and Melia Vinpearl Nha Trang Empire have recently welcomed numerous Mongolian holidaymakers. The high spending and extended stays of this tourist segment significantly contribute to hotel revenue and local tourism services. This market holds great potential for the tourism industry in Nha Trang, Phu Quoc, and Vietnam as a whole,” said Nguyen Van Phong, regional sales director of Melia Vinpearl, in a recent interview granted to VOV.VN.
Munkhmandakh revealed that over 15% of Mongolia’s population prefers outbound tours that align well with Vietnam’s tourism development vision.
“Vietnam and Mongolia share long-standing diplomatic relations, and they are expected to grow stronger through bilateral cooperation. I believe this cooperation will be further enhanced through tourism exchanges between the two countries,” she said.
According to the Embassy of Vietnam in Mongolia and various businesses, Vietnamese destinations are becoming increasingly popular among Mongolian tourists. Mongolian travel partners regard Ho Chi Minh City as one of Asia’s leading hubs for economy, tourism, and industry, while Nha Trang and Phu Quoc are recognized as renowned tourist cities in Vietnam.
Vietnam’s rapidly advancing tourism industry is regarded as an appealing destination, often referred to as a ‘super destination’ in Southeast Asia, a favorite among Mongolian tourists. The opening of direct flights is expected to significantly boost economic and tourism cooperation between Vietnam and Mongolia.
In recent years, the Embassy has actively promoted Vietnam’s tourism, its landscapes, culture, and heritage through various initiatives. These include participating in tourism and culinary fairs, organizing exhibitions of paintings and photographs about Vietnam, and showcasing promotional videos during significant embassy-organized events such as National Day celebrations and the 70th anniversary of diplomatic relations between Vietnam and Mongolia.
To sustain direct flight routes and facilitate tourism and trade, Ambassador Thanh has met with ambassadors of Russia and India to explore passenger flow from Russia through Mongolia to Vietnam and from India through Vietnam to Mongolia. These efforts have received positive responses from the Russian and Indian ambassadors.
“The Embassy has hosted trilateral discussions with the Indian ambassador and Aero Mongolia airlines. It has also facilitated partnerships between Mongolian airlines like MIAT Mongolian Airlines and Aero Mongolia and Vietnamese airlines to share passenger flows and maintain direct flights between the two countries,” said the ambassador.
He also added that the Embassy has played an active role in supporting the signing of a visa exemption agreement for holders of diplomatic, official, and ordinary passports between Vietnam and Mongolia that was effective in March 2024. It has actively connected and supported Vietnamese and Mongolian businesses, including many travel companies, in negotiating and signing agreements for bilateral tourist exchanges.
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