1 ZANDANSHATAR GOMBOJAV APPOINTED AS PRIME MINISTER OF MONGOLIA WWW.MONTSAME.MN PUBLISHED:2025/06/13      2 WHAT MONGOLIA’S NEW PRIME MINISTER MEANS FOR ITS DEMOCRACY WWW.TIME.COM PUBLISHED:2025/06/13      3 ULAANBAATAR DIALOGUE SHOWS MONGOLIA’S FOREIGN POLICY CONTINUITY AMID POLITICAL UNREST WWW.THEDIPLOMAT.COM PUBLISHED:2025/06/13      4 THE UNITED NATIONS CHILDREN’S FUND (UNICEF) IN MONGOLIA, THE NATIONAL FOUNDATION FOR SUPPORTING THE BILLION TREES MOVEMENT, AND CREDITECH STM NBFI LLC HAVE JOINTLY LAUNCHED THE “ONE CHILD – ONE TREE” INITIATIVE WWW.BILLIONTREE.MN PUBLISHED:2025/06/13      5 NEW MONGOLIAN PM TAKES OFFICE AFTER CORRUPTION PROTESTS WWW.AFP.MN PUBLISHED:2025/06/13      6 GOLD, MINED BY ARTISANAL AND SMALL-SCALE MINERS OF MONGOLIA TO BE SUPPLIED TO INTERNATIONAL JEWELRY COMPANIES WWW.MONTSAME.MN PUBLISHED:2025/06/13      7 AUSTRIA PUBLISHES SYNTHESIZED TEXTS OF TAX TREATIES WITH ICELAND, KAZAKHSTAN AND MONGOLIA AS IMPACTED BY BEPS MLI WWW.ORBITAX.COM  PUBLISHED:2025/06/13      8 THE UNITED STATES AND MONGOLIA OPEN THE CENTER OF EXCELLENCE FOR ENGLISH LANGUAGE TEACHING IN ULAANBAATAR WWW.MN.USEMBASSY.GOV  PUBLISHED:2025/06/12      9 MONGOLIA'S 'DRAGON PRINCE' DINOSAUR WAS FORERUNNER OF T. REX WWW.REUTERS.COM PUBLISHED:2025/06/12      10 MONGOLIA’S PIVOT TO CENTRAL ASIA AND THE CAUCASUS: STRATEGIC REALIGNMENTS AND REGIONAL IMPLICATIONS WWW.CACIANALYST.ORG  PUBLISHED:2025/06/12      БӨӨРӨЛЖҮҮТИЙН ЦАХИЛГААН СТАНЦЫН II БЛОКИЙГ 12 ДУГААР САРД АШИГЛАЛТАД ОРУУЛНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/15     ОРОН СУУЦНЫ ҮНЭ 14.3 ХУВИАР ӨСЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/15     МОНГОЛ УЛСЫН 34 ДЭХ ЕРӨНХИЙ САЙДААР Г.ЗАНДАНШАТАРЫГ ТОМИЛЛОО WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/13     SXCOAL: МОНГОЛЫН НҮҮРСНИЙ ЭКСПОРТ ЗАХ ЗЭЭЛИЙН ХҮНДРЭЛИЙН СҮҮДЭРТ ХУМИГДАЖ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/06/13     МОНГОЛ БАНК: ТЭТГЭВРИЙН ЗЭЭЛД ТАВИХ ӨР ОРЛОГЫН ХАРЬЦААГ 50:50 БОЛГОЛОО WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/13     МОНГОЛ ДАХЬ НҮБ-ЫН ХҮҮХДИЙН САН, ТЭРБУМ МОД ҮНДЭСНИЙ ХӨДӨЛГӨӨНИЙГ ДЭМЖИХ САН, КРЕДИТЕХ СТМ ББСБ ХХК “ХҮҮХЭД БҮРД – НЭГ МОД” САНААЧИЛГЫГ ХАМТРАН ХЭРЭГЖҮҮЛНЭ WWW.BILLIONTREE.MN НИЙТЭЛСЭН:2025/06/13     ЕРӨНХИЙЛӨГЧИЙН ТАМГЫН ГАЗРЫН ДАРГААР А.ҮЙЛСТӨГӨЛДӨР АЖИЛЛАНА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/06/13     34 ДЭХ ЕРӨНХИЙ САЙД Г.ЗАНДАНШАТАР ХЭРХЭН АЖИЛЛАНА ГЭЖ АМЛАВ? WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/13     “АНГЛИ ХЭЛНИЙ МЭРГЭШЛИЙН ТӨВ”-ИЙГ МУИС-Д НЭЭЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/13     Г.ЗАНДАНШАТАР БАЯЛГИЙН САНГИЙН БОДЛОГЫГ ҮРГЭЛЖЛҮҮЛНЭ ГЭЖ АМЛАЛАА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/12    

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

NEWS

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Mongolia imposes three-year ban on hunting marmots www.xinhuanet.com

Aug. 4 (Xinhua) -- Mongolia will impose a three-year ban on hunting marmots, the country's Ministry of Environment and Tourism said on Wednesday.
The reason behind the decision is preventing the bubonic plague from spreading to people, and determining the current range and population size of marmots in the country, the ministry added in the statement.
The bubonic plague is a bacterial disease that is spread by fleas living on wild rodents such as marmots. The disease can kill an adult in less than 24 hours if it isn't treated in time, according to the World Health Organization.
Currently, 17 out of all 21 Mongolian provinces are at risk for the bubonic plague, the country's National Center for Zoonotic Diseases said
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How Mongolia’s Covid vaccination drive surged ahead of West – despite remote population and poverty www.inews.co.uk

As countries race to vaccinate their populations against the coronavirus, one remote region has emerged as a surprise success story when it comes to getting shots in arms: Mongolia.
Although Mongolia is the world’s most sparsely populated country with a large nomadic community, it has overcome geography and other factors to surge ahead of most of the West.
By Tuesday, Mongolia’s statistics showed 61.1 per cent of its 3.3 million citizens had been fully vaccinated, less than 1 per cent shy of its entire adult population. That is more than Britain (56.7 per cent according to figures from Our World In Data), Belgium (58.9 per cent) and Canada (59.5 per cent). Only a handful of countries such as Israel (62.2 per cent), Chile (64.5 per cent), and United Arab Emirates (70.7 per cent) are ahead.
The main reason for landlocked Mongolia’s impressive vaccination rate is canny diplomacy. Early this year, the government readily took up offers of cheap vaccines from the two powerful countries that sandwich Mongolia to the north and south, Russia and China.
While many other countries were sceptical about China’s Sinopharm and Russia’s Sputnik V vaccines, Mongolia’s government was happy to accept. Had Mongolia waited, like other low-income countries, for vaccines from the global Covax initiative, it would be well into 2022 or beyond before it reached the current level.
A country of rugged steppes, mountains, forests and the Gobi Desert, Mongolia prides itself on the warrior spirit of its ancient leaders such as Genghis Khan. But it has a population of just one-third of London’s spread across a territory the size of France, Spain and Germany.
It took shrewd, strategic manoeuvring to ensure both Beijing and Moscow would shower Mongolia with doses at an early stage. Mongolia is effectively a buffer state between the two nuclear giants and has experience in playing its neighbours off against one another.
This was crucial in February when the government’s much-publicised purchase of one million doses of Sputnik V prompted China to jump in and offer 4.5 million doses of Sinopharm. There were also vaccine donations from the United States Agency for International Development (USAID) and from the Indian government.
Kerry Brown, director of the Lau China Institute at King’s College in London says the vaccine success reflects Mongolia’s astute reading of the political landscape – and the risks of infections from China.
“Mongolians have long, long experience of dealing with China,” he says. “While they preserve good relations with their huge and powerful neighbour, they are not naive, and are very keen to protect themselves. Vaccination makes absolute sense because there is a high awareness that the situation in terms of the pandemic in China may well be worse than publicly stated, and there is no space to take things on trust.”
Despite its vaccine success, Mongolia has been unable to prevent a surge in infections this summer. But the recent spike rises from a low base: after the pandemic was first declared, Mongolia went 10 months with no local transmission of the virus. The country now stands at over 167,000 total cases and 827 deaths – although officials say 96 per cent of fatalities are among people who are not vaccinated at all or have just had one dose.
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Central bank to carry out studies on reform of banknotes www.montsame.mn

On August 3, Speaker G.Zandanshatar received First Deputy Governor of the Bank of Mongolia (BoM) G.Dulguun.
At the start of the meeting, the BoM First Deputy Governor briefly introduced the measures being taken by the central bank. Highlighting the progress of the employment support loans as well as measures of repo financing and soft term mortgages being taken within the MNT 10 trillion comprehensive plan for health protection and economic recovery, he informed the Speaker about the joint working group established with the government that has been established for reforms in the banking sector.
Speaker G.Zandanshatar underlined the importance of economic stability during the pandemic and the development of policy for issuing loans and financing for works to ensure preparation for the winter season.
In the framework of the MNT 10 trillion comprehensive plan for health protection and economic recovery, the central bank has issued MNT 1.8 trillion in loans. Noting that measures should be taken in regards to the reform of bank notes by discontinuing those that are not used in transactions, the Speaker then charged the central bank to carry out studies on introducing a new bank note with a higher denomination.
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Schools to reopen for the new academic year with classes taking place both in-person and online www.montsame.mn

Today, on August 4, Minister of Education and Science L.Enkh-Amgalan introduced the Cabinet’s decision to resume the operations of all levels of educational institutions for the academic year of 2021-2022.
While school operations have been halted for 75 days or 47 percent of the academic year of 2019-2020, the number of school days lost due to COVID-19 disruptions increased to 100-110 days in the next year, which is 62-68 percent of the academic year of 2020-2021. 60 percent of total school days with classroom lessons have been lost in the past two years, highlighted Minister L.Enkh-Amgalan.
Studies have found that 185 thousand schoolchildren were unable to watch tele-lessons due to reasons such as having no access to a reliable source of electricity and internet as well as electronic devices. Furthermore, 470-500 thousand students are estimated to have fallen behind in studies. Thus, the Cabinet came to the decision to resume school operations in phases, with lessons taking place both in-person and online.
The Education Minister then said, “Children aged 4 and 5 will be admitted to kindergartens. Similar to schools, the operations of kindergartens will be allowed to resume, providing both in-person and distance learning from September 1. As for educational institutions in green zones, all lessons will be organized in classrooms.
TVET, colleges, and universities are allowed to resume operations, with classes taking place both in-person and online from September 13. This is due to the general entrance exams scheduled to take place between August 19 and 22. If schoolchildren are unable to take the exams due to the pandemic situation, the general entrance exams will be organized again”.
Currently, 60 percent of the total population of Mongolia have been involved in COVID-19 vaccinations. 90 percent of school and kindergarten teachers are projected to be fully involved in vaccinations by September 1. Furthermore, 60 percent of children aged 12-17 (220 thousand out of 270 thousand children) have been administered with both doses of vaccines.
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Mongolian yokozuna Terunofuji takes Japanese citizenship www.news.mn

Newly promoted sumo grand champion Terunofuji has given up his Mongolian nationality and acquired Japanese citizenship, an official government publication announced today, 4 August 2021.
By becoming a Japanese citizen, the 29-year-old who belongs to the Isegahama stable clears the way to run his own stable of wrestlers in the future.
Terunofuji is the fifth foreign-born yokozuna who switched to Japan after U.S.-born Akebono and Musashimaru, who are both retired. The still-active Hakuho and retired Kakuryu, both from Mongolia, also made the change.
Despite falling short of a third straight championship, Terunofuji was promoted to sumo’s highest rank of yokozuna after he finished the Nagoya Grand Sumo Tournament with a 14-1 record last month.
He suffered injuries to both knees and a health condition but still became the first wrestler to fight his way back to the second-highest rank of ozeki after being demoted as low as fifth-tier jonidan.
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Six types of licenses begin to be granted by Ministry of Finance in electronic form www.montsame.mn

As part of the implementation of the National e-Government Program, the Ministry of Finance has begun granting corresponding special licenses in electronic form.
Currently, the ministry and its affiliate organizations are issuing 12 types of special licenses, one type of permit, three types of licenses. The following six types of special licenses and one type of permit are being issued by the Ministry of Finance:
• Customs Brokers Operation License,
• Lottery license,
• Securities license,
• License to conduct auditing activities,
• Property valuation license,
• License for providing consulting services as a specialized tax advisor as well as the qualified tax advisor permit.
Previously, the aforementioned permits used to be issued by government agencies in accordance with the Law on Licensing for the Operations of Entities. As the licenses are valid for three years, the licenses issued by the Ministry of Finance and its affiliate organizations will be issued only in electronic form in the future.
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Mongolia adds 1,019 new COVID-19 cases www.xinhuanet.com

Aug. 3 (Xinhua) -- Mongolia recorded 1,019 new COVID-19 cases in the past 24 hours, bringing its national tally to 167,229, the country's health ministry said Tuesday.
Meanwhile, four more deaths were reported, taking the countrywide death toll to 854.
A total of 7,195 samples were tested across Mongolia in the past day, and all the latest cases were locally transmitted, the ministry said.
The Asian country launched a nationwide COVID-19 vaccination campaign in late February, aiming to cover at least 60 percent of its population of 3.3 million.
So far, 67.2 percent of the country's total population have received their first vaccine dose while over 61 percent have been fully vaccinated.
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S&P reaffirms Mongolia's 'B' ratings with stable outlook www.montsame.mn

S&P Global Ratings announced on Thursday that it has maintained Mongolia's credit rating at 'B' and the outlook at 'stable'.
The following factors led S&P to keep the credit rating and the economic outlook unchanged:
-Mongolia's economy shrank by 5.4 percent in 2020 due to the negative impact of the pandemic. However, thanks to the global economic recovery and rising mineral prices in the international market, the country’s economy growth is expected to reach 6.7 percent in 2021 and 7 percent in 2022.
-Even though the spread of COVID-19 has been increasing in Mongolia since April of this year, the economic recovery will continue as the indicators related to the external sector, state budget and external debt are improving as compared with 2020. The recovery will be driven by factors such as Mongolia's level of vaccination, fiscal spending measures, and growth in mineral exports due to the global economic recovery.
-The level of vaccination in Mongolia is relatively higher than in other developing countries, which reduces the economic uncertainty caused by the pandemic. Two-thirds of Mongolia's population has received a single dose of the vaccine, and more than 60 percent have been fully vaccinated against COVID-19.
-Economic outlook in the medium term will be relatively favorable due to foreign direct investment in the mining sector. Economic growth due to foreign direct investment in the Tavan Tolgoi and Oyu Tolgoi mining projects will average 6.8 percent by 2024. Mongolia's economic growth is projected to be higher in the medium term than other similar countries in terms of GDP per capita.
-The Government of Mongolia has successfully reduced some of its high external debt risk by successfully attracting concessional foreign financing. For example, the share of Mongolia's total external debt in the current account will reach 181 percent in 2020, increasing from the 2019 level, but will decrease to 159 percent in 2021.
-The Bank of Mongolia successfully extended the CNY 15 billion swap agreement with the People's Bank of China in August 2020 until 2023, which has reduced the pressure on foreign exchange reserves.
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Global copper supply at risk as workers vote to strike www.bloomberg.com

A tightening global copper market is facing the real possibility of simultaneous strike disruptions at three mines in Chile, the top producer.
By far the most serious threat to global supplies comes from Escondida, the biggest copper mine in the world, where workers rejected owner BHP Group’s final wage offer in voting last week. Unless the two sides can reach a deal in government-mediated talks this week, the market may be left without production from a project that last year churned out 1.2 million metric tonnes.
Two other smaller mines — Codelco’s Andina and JX Nippon Mining & Metals’ Caserones — are at the same stage in their collective bargaining. That puts upwards of 7% of world production at risk in a particularly sensitive moment in the metal cycle and in Chilean politics.
Labor tensions are intensifying just as trillions of dollars in government stimulus fuel demand for industrial metals. Copper futures have gained over the past two weeks after retreating from an all-time high in May.
THE WINDFALL ENJOYED BY PRODUCERS IS EMBOLDENING MINE WORKERS, WITH HOST NATIONS ALSO LOOKING AT RATCHETING UP TAXES TO HELP RESOLVE INEQUALITIES EXACERBATED BY THE PANDEMIC
On Monday, prices advanced as much as 0.8% to $9,810 a tonne on the LME, and traded at $9,771.50 at 1:37 p.m. in London.
The windfall enjoyed by producers is emboldening mine workers, with host nations also looking at ratcheting up taxes to help resolve inequalities exacerbated by the pandemic. In Chile, that’s all playing out as the nation drafts a new constitution that may lead to tougher rules on water, glaciers, mineral and community rights, with presidential elections in November.
At the same time, companies are striving to keep labor costs in check in a cyclical business and as ore quality deteriorates and input prices start to rise.
In last week’s vote, members rejected BHP’s proposal by an overwhelming 99.5%. Union leaders say the company is dangling large one-time bonuses in exchange for longer hours and new demands in a bid to boost productivity and profit. BHP said its proposal included better conditions and new benefits and that it remains open to dialog.
“We hope that this strong vote will be the decisive wake-up call for BHP to initiate substantive discussions to reach satisfactory agreements, if it wants to avoid a lengthy conflict that could be the costliest in the country’s union history,” the union said.
(By James Attwood, with assistance from Alejandra Salgado)
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APU becomes first Mongolian company with MNT 1 trillion worth of market capitalization www.montsame.mn

APU JSC, listed in ‘Classification I’ of the Mongolian Stock Exchange, became the first Mongolian company with MNT 1 trillion worth of market capitalization in the history of the Mongolian stock market.
The market capitalization of the company's securities reached MNT 1,009,315,777,973.36.
APU JSC's shares, listed on the Mongolian Stock Exchange in 1992, were initially traded on the secondary market on September 11, 1995 for MNT 101.
At the time, the market value was estimated at MNT 75 million, which grew to become MNT 1 trillion 26 years later. “This has been an event that demonstrated efficiency of the stock market not only to its over 9,000 shareholders, but also to the public,” reported the Mongolian Stock Exchange.
Established in 1924, APU JSC is one of the leading beverages producer in Mongolia.
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