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    

Category

Events

Events

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

NEWS

64x64

The China-Australia trade war is hurting Mongolia’s environment www.supchina.com

In October, customs officials in China began rejecting shipments of coking coal from Australia. Beijing claimed the turnbacks were due to “environmental quality” concerns, but the act was largely viewed within the context of the ongoing diplomatic spat between the countries.
It proved to be bad news for both economies. Overnight, Australian coal operators lost access to one of their most lucrative export markets, worth $10.4 billion the previous year. In the months that followed, soaring electricity prices left much of China’s southeast without heating or electricity.
While the decision hurt both Australia and China, many third parties benefited, as they stepped in to plug China’s coal shortfall. Countries as far afield as Colombia and South Africa scrambled to send coal to the mainland; more established partners, including Indonesia, Russia, Canada, and the United States, also upped existing shipments dramatically. But with China’s northern steelmaking hubs crying out for coking coal, Beijing couldn’t afford to wait a month or more for shipments to round the Indian Ocean — and so, it turned to Mongolia as a band-aid solution to short-term demand.
For reasons that remain unclear, this “band-aid solution” has continued well into 2021. In March, Mongolian coal exports to China were up by 4,270.5% compared to the previous year. It’s a volte-face from 2019, when Mongolian government policy was squarely aimed at breaking the country’s addiction to coal. With as many as 1,000 trucks heading for China on a daily basis, it seems the Mongolian administration is now committed to the opposite.
Since China began freezing out Australian supplies, the coal business has boomed. The Mongolia Energy Corporation recently announced last month that it has doubled its profits year-on-year, and the Mongolian Mining Corporation similarly announced it doubled its coal export volume across the second half of 2020. Investor confidence was so high that even an Australian-owned venture stood to reap the rewards — Aspire Mining Ltd, which mines entirely within Mongolia, shot up twofold on the Australian Stock Exchange (ASX).
Few in Mongolia, though, are celebrating this development. The nation’s capital, Ulaanbaatar, consistently ranks atop lists of the world’s most polluted cities, and since last October, coal mines perched on the city’s fringes have been kicking up much more chemical and dust pollution than usual.
“To give you an idea of the scale of the issue,” says Ankhbayar Ganbold, country director (Mongolia) at the Nature Conservancy, “Baganuur Coal Mine, which sits within the city limits, produced 4,600 tons of CO2 in December 2019. Across the same month last year, it churned out as much as 18,400 tonnes.”
“The other coal mine within Ulaanbaatar’s nine düüregs, or districts, is Nalaikh — which, at least officially, ceased operations in the 1990s. Since early December, it’s been up and running again. In fact, it’s now the primary local contributor of CO2 emissions and particulate matter (PM) 2.5.”
In the summertime, air quality in Ulaanbaatar often hovers around levels deemed safe, per WHO guidelines. But in the winter, when temperatures regularly drop below minus-40°C, it averages a pollution level 27 times worse than the safety benchmark. Little wonder then that, in October, air quality in Ulaanbaatar again ranked as the worst in the world.
The competition for the list, in 2020, wasn’t all that stiff — lockdowns and reduced transport activity due to COVID-19 saw skies clear over some of the world’s most polluted cities. But “this just hasn’t been the case for Ulaanbaatar,” says Dmitri Sokov, head of international development at the Mongolia Nature and Environment Consortium. “In fact, thanks to the increase in coal exports, it’s been an atypically poor year in terms of air quality — PM 2.5 levels were up 132% across the winter period.”
Much like Beijing, Ulaanbaatar sits at the bottom of a valley, which traps smog beneath a blanket of warm air. And there’s plenty of smog around to get trapped, since residents of the city’s “ger” districts, who live in yurt tents without access to electricity, have traditionally had to burn sacks of cheap coal in order to cook and stay warm. On average, a ger household burns three tons of raw coal per year.
Hugalu Altan, a textile worker who lives in the western Tolgoit district, recently told SupChina that the past winter was noticeably worse than those in previous years. “It’s horrible living here, particularly this year,” he said. “On cold mornings, I watch the gray smoke roll out toward the hills. That’s why many of the young people like to move away…but this year, they’re stuck.”
Local politicians have been promising for years to fix the issue. They claim that a ban on raw coal — and subsidy on refined coal briquettes — saw a 60% reduction in pollution in 2019. But those gains haven’t carried over to 2021, according to Hugalu. “No one could afford to buy even the cheap [illegal] coal this year,” he said, amid city-wide lockdowns. “So instead they burnt trash.”
In a sense, he’s luckier than others. Living and working on the city’s western fringes, Hugalu is tucked far away from the coal-fired electric plants which ring the east. Many of these, says Sokov, have also benefited from excess coal destined for China. “It’s been a dramatic increase, so it’s natural that there is going to be some degree of internal transfer. I think this is, in part, why we are seeing levels of pollution this year that don’t quite tally with the picture from the last two.”
“It’s a three-pronged problem,” he says, “but the government focuses only on restricting domestic usage, while letting industry run rampant.”
BY: Sandy Milne is a journalist based in Perth, Australia. He has reported and written features for BBC Global, the SBS, Wired, Nikkei Asia, and Crikey.
...


64x64

Copper price falls amid covid-19 worries www.mining.com

The copper price fell on Monday as the dollar hovered near its highest levels in months, making greenback-priced metals more expensive and less appealing to holders of other currencies.
Daily new coronavirus infections have been surging from the United States and Europe to Asia due to the spread of the Delta variant, making investors nervous about the global economic recovery and putting money into safe haven assets.
SIGN UP FOR THE COPPER DIGEST
Copper for delivery in September fell 2.7% from Friday’s settlement price, touching $4.204 per pound ($9,248 per tonne) midday Monday on the Comex market in New York.
Chinese reserves
China will strengthen commodity price monitoring and continue to release copper, aluminum, and zinc from its state reserves in batches, the National Development and Reform Commission (NDRC) said on Monday.
The state planner sold 20,000 tonnes of copper, 50,000 tonnes of aluminum, and 30,000 tonnes of zinc from its reserves on July 5.
More than 200 non-ferrous fabricators attended the bidding, with sales prices about 3-9% lower than market price that day, the NDRC spokesman Yuan Da said at a press briefing.
“The release initially achieved the expected goal … targeted placement granted downstream fabricators an opportunity to replenish stocks and lower some companies’ raw material costs,” Yuan said.
The NDRC also pledged to keep reinforcing supervision of the futures and spot market and strictly crack down on irregularities such as hoarding, it said.
(With files from Reuters)
...


64x64

PM to pay visit to Japan www.montsame.mn

Prime Minister of Mongolia L.Oyun-Erdene will pay a working visit to Japan on July 21-25 and attend the opening ceremony of the Tokyo Summer Olympic Games.
This will be the first working visit of Prime Minister L.Oyun-Erdene abroad since assuming his office. The visit seeks to reaffirm that the development of relations and cooperation with Japan is one of the top priorities of Mongolia’s foreign policy and is of great significance in determining the direction of future cooperation.
During the visit, Prime Minister L.Oyun-Erdene is set to hold an official meeting with Prime Minister of Japan Yoshihide Suga and exchange views on a wide range of issues of bilateral relations and international and regional cooperation. Discussions are also planned to be held between the two Prime Ministers regarding the major projects and cooperation in the short and medium term.
Moreover, the Prime Minister will also hold meetings with the representatives of the ruling Liberal Democratic Party of Japan and the Friendship Group in the Japanese Parliament.
...


64x64

More Companies Pull Out of Tokyo Olympics Opening Ceremony www.bloomberg.com

More Japanese companies have decided against sending executives to Friday’s opening ceremony for the Tokyo Olympics as concerns about holding the games during the pandemic grow.
Senior officials from Nippon Telegraph & Telephone Corp., Fujitsu Ltd. and NEC Corp. will skip the event given that organizers decided to hold the games without spectators, spokespeople for the technology giants said Tuesday, a day after Toyota Motor Corp. announced its top executive wouldn’t attend.
Japan’s pledge to hold a safe and secure games is coming under threat as Covid-19 cases jump in Tokyo and visiting athletes test positive for the virus. In a fresh public relations setback, Japanese musician Keigo Oyamada, known as Cornelius, quit the team creating the opening ceremony after acknowledging he bullied school classmates with disabilities years ago.
The games will be the first in modern history to be held without spectators, after Tokyo entered another state of emergency that will run throughout the tournament.
Panasonic Corp. Chief Executive Officer Yuki Kusumi will miss the opening ceremony, although Chairman Kazuhiro Tsuga will attend in his role as vice president of the organizing committee, a spokesperson said.
Meiji Holdings Co. and Asahi Group Holdings Ltd. had already decided executives wouldn’t go, and bosses from Nippon Life Insurance Co. and Sumitomo Mitsui Financial Group Inc. will also stay away, representatives said. Toyota President Akio Toyoda will miss the event, the automaker said Monday.
Japanese public support for the Olympics is mixed at best, raising questions over the merits of using the competition for marketing.
Toyota won’t air local television advertisements during the games, despite being among the global sponsors. Bridgestone Corp. had already decided not to broadcast commercials, a spokesman for the tiremaker said.
NTT plans to run commercials featuring athletes, although it has yet make a final decision. Nomura Holdings Inc. and Mizuho Financial Group Inc. plan to continue airing ads, according to spokespeople. Eneos Holdings Inc. is seeking to do the same, although it may change its ad policy depending on the situation, a representative for the petroleum refiner said.
— With assistance by Tsuyoshi Inajima, Takahiko Hyuga, Grace Huang, Masatsugu Horie, and Taiga Uranaka
...


64x64

Two dams in Inner Mongolia collapse after heavy rain www.globaltimes.cn

Two dams in Hulun Buir City in North China's Inner Mongolia were reported to have collapsed on Sunday because of heavy rain since Saturday, but no injuries have been reported.
On July 18, the dams on the open spillway of Yong'an Reservoir and Xinfa Reservoir in the Daur Autonomous Banner of Morin Dawa, were breached and collapsed as the water level of the Nuomin River continued to rise because of heavy rain, according to People's Daily.
The dam collapse reportedly affected 16,660 people, flooded 325,622 mu (21708.1 hectares) of farmland, and destroyed 22 bridges, 124 culverts, and 15.6 kilometers of highways.
At 8 pm on Sunday, the national flood control administration issued a third-level emergency response and sent a working group to the scene to guide and assist local emergency management.
Local citizens were evacuated to safe places before the collapse, and no casualties have been reported as of press time.
The peak of the flood has passed and the economic losses are still being counted.
...


64x64

COVID-19: 1,466 new cases, 8 deaths reported www.montsame.mn

At the regular press briefing of the Ministry of Health today on July 19, it was reported that 1,466 new cases were detected in Mongolia in the past 24 hours.
More specifically, 786 new cases were detected in the capital city, with 680 cases in rural regions.
As of today, the total number of COVID-19 confirmed cases in Mongolia now stands at 147,253. In the past 24 hours, 4,730 patients made recovery, bringing the total recoveries to 130,612.
Furthermore, eight new COVID-19 related deaths have been reported, raising the country's death toll to 734.
...


64x64

Water-related accidents kill 69 in Mongolia so far this year www.xinhuanet.com

July 19 (Xinhua) -- A total of 69 people have been killed in 50 water-related accidents across Mongolia so far this year, the country's National Emergency Management Agency said Monday.
According to the agency, 29 of them lost their lives during the national holiday Naadam on July 9-18.
The main causes of the water-related accidents were negligence, leaving children unsupervised, swimming after consuming alcohol and not wearing personal floatation devices, the agency said, urging the public to prevent similar potential accidents.
...


64x64

ICC inducts Mongolia, Tajikistan and Switzerland as new members www.espncricinfo.com

The ICC has announced that Mongolia, Tajikistan and Switzerland will be its newest members during the 78th Annual General Meeting.
Mongolia and Tajikistan are the 22nd and 23rd members of the Asia region, while Switzerland is Europe's 35th Member, with the ICC now comprising 106 Members in total, including 94 Associates.
Meanwhile, Zambia, which was suspended at the ICC AGM in 2019, is no longer a member due to continued non-compliance with ICC Membership Criteria. Russia too has been suspended and, according to a release, has until the time of the next ICC AGM to demonstrate compliance or risk having its membership terminated.
The ICC Membership Criteria Zambia and Russia failed to meet
2.2 (a)(i) Have the appropriate status, structure, recognition, membership and competence to be recognized by the ICC (at its absolute discretion) as the primary governing body responsible for the administration, management and development of cricket (men's and women's) in its country
2.2 (b)(i) Have in place a detailed governance system that: (i) is fit for purpose; (ii) includes, as a minimum (a) a detailed written constitution containing provisions covering membership, AGMs and voting rights, and (b) adequate integrity related rules and regulations covering anticorruption, anti-doping and ethics; and (iii) is consistently applied
2.2 b(ii) Have in place an executive, administrative and corporate structure which is fit for purpose and which will enable the Applicant to exercise all the duties and responsibilities placed on it by its constitution and to meet its strategic plan
"We are delighted to be welcoming three new Members into the ICC family, which reflects the growth and potential of the global game," William Glenwright, ICC general manager for development, said. "All three applications demonstrated an impressive commitment to growing the game - particularly amongst women and youth - and we look forward to assisting them in achieving their potential.
"As cricket activity begins to emerge from the pandemic, we are at an exciting stage of cricket's growth with ambitious plans and projects to deliver in partnership with our Members to not only navigate the impact of Covid-19 but to also help achieve transformative growth for the sport globally."
The Mongolian Cricket Association (MCA) was established in 2007. The sport was officially accepted into the National Youth Games in 2019. According to an ICC release, women account for 39% of all participants playing school cricket. In addition, Mongolia is due to host the International Youth Green Games in September 2021 where cricket has been selected as one of the participating sports.
Cricket Switzerland (CS), which was inaugurated as an association in 2014, currently comprises 33 active clubs. They organise three domestic men's competitions and compete regularly in Central European tournaments. The Tajikistan Cricket Federation, which was officially formed in 2011 with the support of the Ministry of Sports and Olympic Committee, has led the development of infrastructure and the building of a domestic cricket structure focusing on women and junior cricket.
...


64x64

China’s crackdown on firms trading in US could kill $2 TRILLION listings market www.rt.com

New regulations concerning listings of Chinese firms on foreign exchanges are likely to mean that Beijing aims to put a lid on the US IPO market altogether, market experts say.
The Chinese State Council said in a recent statement that all businesses with 1 million or more users will have to get approval from the country’s cybersecurity regulator if they want to list overseas. Prior to that, Beijing also announced plans to amend the rules of “the overseas listing system for domestic enterprises,” as well as to enforce control of cross-border data flows and security. These steps may bring about an end to Chinese initial public offerings (IPOs) in the US, industry experts say.
“It’s unlikely there will be any US-listed Chinese companies in five to 10 years, other than perhaps a few big ones with secondary listings,” Paul Gillis, a professor at Peking University’s Guanghua School of Management in Beijing, told Bloomberg.
Until recently, there were some 248 Chinese companies listed on US exchanges, mostly tech firms, including eight state-owned enterprises, with a total market capitalization amounting to $2.1 trillion, CNBC reported, citing the US-China Economic and Security Review Commission. Now, the Invesco Golden Dragon China ETF (PGJ), which tracks US-listed Chinese shares, has reported that the number has dropped by a third over the past six months amid the regulatory crackdown.
The situation escalated in June when China’s ride-hailing app Didi Global Inc. went for a New York listing despite objections from regulators, who reportedly suggested it list in Hong Kong instead. The company’s shares plunged nearly 20% after Beijing announced a cybersecurity probe, banning Didi’s new user registrations. US-listed Alibaba and Tencent have also recently fallen under government scrutiny.
Overall, US-traded Chinese stocks have decreased nearly 30% this month. Chinese authorities are putting high hopes on the Hong Kong exchange for domestic listings, planning to ease the regulation demanding Hong Kong IPOs seek the approval of the country’s cybersecurity regulator to make it more appealing to companies that wish to go public. Currently, the processing of IPO applications takes too much time due to the regulation.
With this in mind, the amount of new Chinese listings in the US may drop significantly in the near future, says Donald Straszheim, senior managing director of China research at Evercore ISI Group.
“Beijing [is] not trying to stop all US listings. Still, business ties between the US and China are better than not. Beijing [is] trying to add a layer of protection against corporate foreign compliance,” Straszheim said in a note to CNBC.
...


64x64

Mongolia’s first woman Olympic flag bearer www.news.mn

At just 21 years old, 3×3 star O.Khulan has been selected to become the flag-bearer for Mongolia at the Tokyo 2020 Olympics, the first-ever woman to get this honor.
The 5ft 11in (1.80m) player is starting to get used to making history. She’s becomes part of the first team in Mongolian history to compete at the Olympic Games. Her country has a rich history of winning medals in individual sports such as wrestling, boxing and judo (9,8 and 7 medals respectively) but had never ever been at the Olympics in a team sport or discipline.
“I’m happy for sure,” O.Khulan said. “But the biggest emotion is the pride to be Mongolian. I just can’t wrap my head around the idea that I am given this huge opportunity on the biggest stage in sports, at the Olympics. It is every athlete’s dream to represent your country on the biggest stage possible.
After making her 3×3 debut in 2017, she became a household name on the 3×3 scene after leading Mongolia to the quarter-finals of the FIBA 3×3 U23 World Cup 2019, including a memorable buzzer-beating win against Germany.
In her perfect English – she went to school in Australia – she had given a long interview to FIBA3x3.basketball about the incredible rise of 3×3 in Mongolia.
On July 9, she officially received the national flag from Mongolian President U.Khurelsukh in an official ceremony.
O.Khulan became the second 3×3 athlete to become a flag-bearer at the Olympian opening ceremony after Latvia’s Agnis Cavars. /FIBA/
...


  • Terms of Reference
  • About
  • Contact Us

Managed by: B2BMongolia www.b2bmongolia.com

Events

News

Facebook