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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Cuba and Mongolia to strengthen bilateral relations www.cubanews.acn.cu

HAVANA, Cuba, Feb 26 (ACN) Oyun-Erdene Luvsannamsrai, new PM of Mongolia, held today an exchange with Raul Delgado, Cuban ambassador to that Asian nation, where they discussed the main aspects of diplomatic relations between the two governments.
In a cordial atmosphere, the Cuban representative transmitted to the Mongolian prime minister the congratulatory message of his Cuban counterpart, Manuel Marrero Cruz, and the wishes of success in his management at the head of the Ulaanbaatar executive, the Cubaminrex website published.
Delgado reviewed the current social and political situation in Cuba, as well as the pandemic situation in the Caribbean country, and pointed out the commitment of the Cuban authorities to produce 100 million doses of national vaccines before the end of 2021, to immunize the entire population and supply them to other countries in need.
During the meeting they also discussed ways to expand cooperation in trade, economy, foreign relations, law, health, food, agriculture, education, medicine, biotechnology and tourism.
The Mongolian Prime Minister, in office since January 27, expressed his satisfaction with the development of relations and cooperation, asked to convey his greetings to the Cuban authorities, and noted the importance of high-level visits for collaborative ties.
Referring to the past year, the Mongolian leader recalled the activities to commemorate the 60th anniversary of the establishment of diplomatic relations between the two countries, which strengthened the brotherhood and exchange ties.
Cuba and Mongolia established diplomatic ties on December 7, 1960, based on respect, international support and friendship.
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China’s economy could double in size by 2035, eclipsing US along the way – Bank of America www.rt.com

In terms of post-Covid recovery, China is one of the fastest growing economies in the world and has a good chance to double its GDP by 2035, according to Helen Qiao, head of Asia economics at Bank of America Global Research.
She told CNBC that some reform measures would help China get there. The doubling of China’s GDP would require an average annual growth of 4.7 percent for the next 15 years. “We think China would be able to achieve it,” Qiao said.
The economist predicted that, in addition to doubling its gross domestic product, the Asian nation will surpass the United States as the world’s largest economy in around 2027 to 2028.
The Chinese economy expanded by 2.3 percent last year, official data showed. The International Monetary Fund (IMF) has said China will grow 8.1 percent this year. Meanwhile, the United States contracted by 3.5 percent in 2020, according to the latest government estimates. The IMF expects the US economy to grow by 5.1 percent this year.
In a report published earlier this month, Qiao addressed the common concerns – such as aging population, high debt-to-GDP ratio, and the country’s investment-led growth model – that could prevent China from reaching its 2035 economic goals. Those concerns will slow, but not derail, China’s overall growth trajectory, Qiao said.
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Mongolia's COVID-19 infections top 2,900 www.xinhuanet.com

Feb. 28 (Xinhua) -- Mongolia reported 41 new COVID-19 cases in the past 24 hours, bringing the nationwide tally to 2,907, the country's National Center for Communicable Diseases (NCCD) said Sunday.
Among the new cases, 40 were locally transmitted, and the remaining one was a Mongolian citizen who returned home from Russia via Altanbulag border point, the NCCD said.
Over 77 percent of all the patients in the country have recovered from the disease, it added.
The disease has claimed six lives in Mongolia since it confirmed its first case in March last year.
The Asian country launched a COVID-19 vaccination campaign across the country early this week, with the aim of vaccinating at least 60 percent of its 3.3 million population.
A total of 7,460 frontline workers have been vaccinated against the virus so far, according to the country's health ministry.
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Opening of international flight in route Ulaanbaatar-Prague-Ulaanbaatar discussed www.montsame.mn

Ulaanbaatar /MONSAME/ On February 25, Prime Minister L.Oyun-Erdene received Ambassador Extraordinary and Plenipotentiary of the Czech Republic to Mongolia Jiri Brodsky.
The PM said, “I am delighted with current level of bilateral traditional friendly ties and cooperation. We attach great importance to expanding the cooperation especially in economic area. It is worth to mention that Czechoslovakia has made big contributions in our country’s development not only until 1990s but also the country has been rendering development aid to Mongolia and implementing social and economic projects and programs since 1990.”
Then the PM asked the Ambassador to support on the establishment of Intergovernmental Agreement on Social Protection as well as Agreement on International Auto Transport Relations.
For his part, Ambassador Jiri Brodsky congratulated PM L.Oyun-Erdene on his appointment and handed over congratulatory letter from the Czech Premier.
The Ambassador informed that the Czech Government has re-imposed a state of emergency to tackle the COVID-19 outbreak in the country. Moreover, the Czech intends to donate hospital equipment to Mongolia within the frame of COVAX program. The Ambassador also expressed his satisfaction with successful organization of virtual meeting between Mongolia-Czech Parliamentary Group last week.
The sides also conferred to carry on the project on relocating Przewalski’s horse, open international flight in route Ulaanbaatar-Prague and actively cooperate further in making investment in energy sector.
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Mongolia ‘looks to open borders to tourists by May’ www.news.mn

Mongolian Prime Minister L.Oyun-Erdene is reported to be considering plans to open the country’s borders to vaccinated foreign tourists by May. PM L.Oyun-Erdene has held a meeting with representatives from the country’s tourism and hotels sector. He noted that Mongolia could generate revenue of USD 450 million from receiving three million tourists a year by 2029.
D.Gantumur, President of Mongolian Tourism Association said that the country of three million has the capacity of receiving 7.5 million tourists a year. He asked the PM to open Mongolia’s borders to tourists from 1 May. According to him, Mongolia can still receive 400 thousand tourists the summer by opening its borders in May.
S.Munkhbat of the Mongolian Hotel Association explained that the number of hotels actively decreased to 430 in 2020 after 30 hotels closed and the number of employees in the sector was cut by 46 percent. Simultaneously, the number of visitors to hotels sharply decreased by 95 percent; only a few hotels were allowed to work as quarantine centres through the pandemic. Most hotels have been closed since January, 2020. The sector has received a body blow, from which it must urgently recover; hotels pay a whopping MNT 600 billion of taxes a year!
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Johnson & Johnson Covid vaccine: FDA approves single-shot jab www.bbc.com

US regulators have formally approved the single-shot Johnson & Johnson coronavirus vaccine, the third jab to be authorised in the country.
The vaccine is set to be a cost-effective alternative to the Pfizer and Moderna vaccines, and can be stored in a refrigerator instead of a freezer.
Trials found it prevented serious illness but was 66% effective overall when moderate cases were included.
The vaccine is made by the Belgian firm Janssen.
The company has agreed to provide the US with 100 million doses by the end of June. The first doses could be available to the US public as early as next week.
The UK, EU and Canada have also ordered doses, and 500 million doses have also been ordered through the Covax scheme to supply poorer nations.
President Joe Biden hailed it as "exciting news for all Americans, and an encouraging development", but warned that the "fight is far from over".
"Though we celebrate today's news, I urge all Americans - keep washing your hands, stay socially distanced, and keep wearing masks," he said in a statement.
"As I have said many times, things are still likely to get worse again as new variants spread, and the current improvement could reverse."
The authorisation by the US Food and Drug Administration (FDA) came after an external committee of experts unanimously backed the vaccine on Friday.
Results from trials conducted in the US, South Africa and Brazil showed it was more than 85% effective at preventing serious illness, and 66% effective overall when moderate cases were included.
Notably, there were no deaths among participants who had received the vaccine and no hospital admissions after 28 days post-vaccine.
Overall protection was lower in South Africa and Brazil, where virus variants have become dominant, but defence against severe or critical illness was "similarly high".
South Africa began administering the unapproved Johnson & Johnson jab to healthcare workers as part of a study earlier this month. It came after early trials suggested the Oxford-AstraZeneca vaccine offered "minimal protection" against mild disease from the variant dominant in large parts of the country.
So far the only other country to approve the vaccine for emergency use is Bahrain, which gave it the green light on Thursday.
Because the vaccine will require fewer doses than its two-shot Pfizer and Moderna counterparts, it will also require fewer vaccine appointments and medical staff.
Who else has ordered the Johnson & Johnson jab?
UK - 30 million doses
EU - 200 million doses
Canada - 38 million doses
Covax nations - 500 million doses
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Chinese FM says China-Mongolia relationship enters into fast-track www.xinhuanet.com

Relations between China and Mongolia have entered into fast-track in recent years with fruitful results gained through practical cooperation, Chinese State Councilor and Foreign Minister Wang Yi said Wednesday.
Wang made the remarks in a telephone conversation with the newly-appointed Mongolian Foreign Minister Batmunkh Battsetseg.
China attaches great importance to the friendly neighborship with Mongolia, and always puts this relation at a specially significant place in China's neighborhood diplomacy, he noted.
This year is historically meaningful for both China and Mongolia as people of each country will respectively greet the 100th anniversary of the Communist Party of China and Mongolian People's Party, Wang said.
Both sides should jointly implement the important consensus reached by the leaders of both countries, promoting greater development of the China-Mongolia comprehensive strategic partnership and bringing about more benefits to both peoples, he added.
In the face of the unexpected COVID-19 pandemic, governments and peoples of China and Mongolia have shared the weal and woe, and reached out to each other with assistance and support, lifting the bilateral ties to a new level, Wang said.
Noting that the touching story of Mongolia donating 30,000 sheep to China is widely known in both countries and the vaccines sent by China has arrived recently in Mongolia, Wang said he expects the two sides can further strengthen anti-pandemic cooperation until the pandemic is completely defeated.
Economic and trade cooperation is an important support for China-Mongolia relations, Wang said, adding that the two sides need to speed up the synergy between China's Belt and Road Initiative (BRI) and the Development Road Initiative of Mongolia, expand the areas and upgrade the level of cooperation so as to compensate for the losses caused by the pandemic as soon as possible.
For her part, Battsetseg thanked China for its selfless help to her country in fighting the pandemic, saying that the two countries have maintained the development momentum of bilateral ties and continuously strengthened practical cooperation amid the pandemic, setting a good example of how countries support each other in response to adversities.
The new Mongolian administration attaches great importance to developing the comprehensive strategic partnership with China, hoping to enhance political mutual trust, deepen BRI cooperation and push for sustained rapid development of their bilateral ties, she said. Enditem
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19 killed in Mongolia house fires so far this year www.xinhuanet.com

Feb. 25 (Xinhua) -- Nineteen people have been killed in home fires in Mongolia since the beginning of the year, local media reported Thursday, citing a government agency
Eight of those killed in the fires were children, said Bor Dulamsuren, public relations officer at the National Emergency Management Agency.
Leaving children at home unattended, negligence and electrical short-circuits were the main causes of the fires, Dulamsuren said, urging citizens to prevent possible fires in their own homes. Enditem
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Steppe doubles ATO mine resource in Mongolia www.mining-journal.com

Production had begun at ATO in April 2020 and the resource will be used for an upcoming feasibility study, looking to more than double output from about 60,000oz to 150,000oz a year.
"This dramatic increase in the ATO resource further underpins the long life attributes of the project," president and CEO Bataa Tumur-Ochir said.
The updated resource comprises a measured and indicated 1.39Moz gold and 20.48Moz silver, or 2.24Moz Au-eq, and an inferred 208,000oz Au-eq.
The boost was mainly due to drilling at the ATO 4 deposit and the initial resource for the Mungu deposit.
Tumur-Ochir said the update supported the phase two expansion project and showed ample resources for a 2.5 million tonne per annum fresh ore development.
"The bankable feasibility study remains on schedule to be released Q2 2021 and we are optimistic that this study will bear out a robust economic result and a further 10 plus years of production at 150,000oz Au-eq with a focus on the fresh rock ores," he said.
ATO had produced 25,731oz of gold and 11,494oz of silver in the six months to September 30.
Executive chairman Matthew Wood said Steppe planned to ramp up exploration this year and had an internal target of 3-5Moz across its licences.
Steppe is planning a secondary listing on the Mongolian Stock Exchange, with proceeds of a proposed placement expected to be used for the phase two expansion.
Its Toronto-listed shares (TSX: STGO) have ranged between C63c-$3.14 over the past year and closed up 3.3% yesterday to $2.48, valuing it at $156 million (US$125 million).
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Three 3x3 basketball teams of Mongolia included in ‘Top 30’ of the world www.montsame.mn

Ulaanbaatar/MONTSAME/. The International Basketball Federation (FIBA) has recently announced its ‘TOP-30’ 3x3 team ranking for 2021, in which three Mongolian teams ‘Ulaanbaatar MMC Energy,’ ‘Sansar MMC Energy’ and ‘Zaisan MMC Energy’ were included.
Earlier the TOP-30 included ‘Ulaanbaatar MMC Energy’ and ‘Sansar MMC Energy’, this time the Mongolian team ‘Zaisan MMC Energy’ was added to it as it takes 28th place.
The ranking was topped by Serbia with its five teams in the TOP-30, followed by Mongolia and Russia, each has three teams in the ranking.
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