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    

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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Coronavirus: Tokyo 2020 could be postponed to end of year - Japan's Olympic minister www.bbc.com

Japan's Olympic minister says the Tokyo 2020 Games could be postponed from the summer until later in the year amid fears over the coronavirus outbreak.

In a response to a question in Japan's parliament, Seiko Hashimoto said Tokyo's contract with the International Olympic Committee (IOC) "calls for the Games to be held within 2020".

She added that "could be interpreted as allowing a postponement".

The Games are due to be held from 24 July to 9 August.

"We are doing all we can to ensure that the Games go ahead as planned," Hashimoto added.

Under the hosting agreement the right to cancel the Games remains with the IOC.

IOC president Thomas Bach says his organisation remains "very confident with regard the success" of the Games in Tokyo.

"I would like to encourage all the athletes to continue their preparations with great confidence and full steam," added the German.

A number of high-profile sporting events have already been cancelled or postponed as a result of the coronavirus outbreak, including the World Athletics Indoor Athletics Championships and the Chinese Grand Prix, which was scheduled for 19 April.

Coronavirus, which originated in China, has spread to more than 60 countries and claimed more than 3,000 lives so far.

The IOC executive board met in Lausanne, Switzerland on Tuesday and in a statement "expressed its full commitment to the success of the Olympic Games Tokyo 2020 taking place from 24 July to 9 August".

It said a "joint task force" was started in mid-February, involving the IOC, Tokyo 2020 organisers, the host city of Tokyo, the government of Japan and the World Health Organization.

The executive board added that it "appreciates and supports the measures being taken, which constitute an important part of Tokyo's plans to host safe and secure Games".

"We will continue to support the athletes and their NOCs with regular updates of information, which we will provide," Bach added

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'Descubre Mongolia' event held in Havana for Mongolia-Cuba diplomatic anniversary www.montsame.mn

Ulaanbaatar /MONTSAME/. On February 29, the Mongolian Embassy in Cuba organized 'Descubre Mongolia' event at its Embassy in Havana, bringing together Mongolian and Cuban representatives. The event was dedicated to the 60th anniversary of establishment of diplomatic ties between Mongolia and Cuba.

A photo exhibition showcasing the natural landscape, culture and tradition of Mongolia as well as presentations on Mongolia’s history and social and economic state were held during the event. Moreover, Mongolian students in Cuba delivered cultural performance for the Cuban audience at the event.

The event was also attended by representatives from the Cuban Ministry of Foreign Affairs and the Cuban news agency Prensa Latina.

Cuba established diplomatic relations with Mongolia on 7 December 1960, becoming the first country from the South America to establish diplomatic ties with Mongolia.

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Mongolia bans celebrations on occasion of Nowruz and other holidays www.akipress.com

The State Emergency Situation Commission of Mongolia on March 1 decided to ban celebration of holidays, including Nowruz, international women’s day and the day of defenders of the fatherland.

The Commission also decided to lift the suspension of traffic movements between Ulaanbaatar and 21 provinces on March 3 at 6 a.m. and deploy over 130 more officials of emergency, specialized inspection, and health care services including medical teams of the National Center for Communicable Diseases at seven entrance and exit points of Ulaanbaatar.

From March 2-30, the Mongolian citizens arriving from South Korea, Japan, Iran and Italy, those travelling across Russia, will use the Buyant-Ukhaa, Sukhbaatar, and Altanbulag border checkpoints only.

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Fitch Ratings: Mongolia exposed to COVID-19 economic fallout www.zgm.mn

Fitch ratings reported that exposure to economic disruption from the COVID-19 virus outbreak is highest in Hong Kong and Mongolia. Additionally, Mongolia’s commodity-driven economy is immensely dependent on China. If the restriction to exports extends for several months, Mongolia’s external position and macroeconomic stability can still be adversely affected.Mongolia has improved economic performance in recent years has permitted the country to build a stronger financial cushion. Fitch believes these are sufficient for a short-term shock. Moreover, the Government of Mongolia (GoM) faces no external bond maturities until early 2021. The chance of a sharp loosening of fiscal policy ahead of parliamentary elections, most likely in June, could also increase if the authorities become more concerned about the economic impact of the virus said, Fitch.

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Mineral resource products to be exported to China from March 15 www.zgm.mn

Parliament decided to resume coal export to China to encourage economic growth policy in order to recover the economy breakdown from Covid-2019. On this subject, coal and crude oil will be exported through the southern border of Mongolia beginning on March 15, 2020, in compliance with ban and hygiene rules. Specifically, freight truck drivers required to have sanitizing conditions, protective garments, and outbound trucks will be scheduled to return on the day of the border crossing. According to the Minister of Finance, Khurelbaatar Chimed, Oyu Tolgoi (OT) is producing coal concentrate regularly. They are working under the suspend and sterilizing regulations. Additionally, the outbound truck export will continue, following the rules. If entities could not pay social insurance during the time of emergency, the undue loss will not be added. Budget revenue has been decreased by MNT 210 billion during the quarantine. Also, The Minister of Finance said it is estimated that budget loss will be recovered by later this year so the budget amendment will not be stated. Moreover, he emphasized, “We studied how the coronavirus outbreak is affecting the economy and we made a decision based on international study. The study showed that the economic impacts were V-shaped. That means the economy will be plunged off and restore back. China informed that they have been arranged to import coal from Mongolia a few days ago.”

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New banknotes of MNT 20,000 gets into circulation www.zgm.mn

According to the decree of Governor of the Bank of Mongolia (BoM) banknotes for MNT 20,000 which had produced in 2006 will be removed from circulation beginning on March 1, 2020. The 2006 banknotes tended to counterfeit illegally due to lack of public security element and it has been suspended for settlement from March 1, 2020. The old banknotes which had issued in 2006 have no window and bow as well as the number of 2006 is printed on lower-back, left corner of the money. Citizens who have the expired banknotes hold a right to exchange with newly produced notes before it starts to get circulated.

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MNT 44 billion disbursed for mortgage www.montsame.mn

Ulaanbaatar /MONTSAME/. In February 2020, mortgage loans worth MNT 44 billion were disbursed to 634 borrowers in total, of which 42.6 percent was issued through the source of the government and 57.4 percent from the commercial banks.

The average weighted interest rate of newly disbursed mortgage loans decreased by 1.0 percentage points from the previous year.

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Gold purchase increases 10-fold www.montsame.mn

Ulaanbaatar /MONTSAME/. As of first two months of 2020, the Bank of Mongolia (BoM) has purchased 4.3 tons of gold in total, of which 952 kg was purchased in February. The figure represents the increase of 856 kg compared to February, 2019 which was 96 kg.

In February, 2020, the BoM branches in Darkhan-Uul and Bayankhongor aimags bought 16 kg and 18 kg respectively. The average value of BoM’s purchase of 1 gram of gold was MNT 140,292.94 in February, 2020.

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Suspension of international and intercity traffic movement to be lifted today www.montsame.mn

On March 1, the State Emergency Commission held a meeting to discuss precautions against the novel coronavirus.

At the meeting, it was decided to lift the suspension of traffic movements between Ulaanbaatar and 21 aimags on March 3 at 6 a.m. and deploy over 130 more officials of emergency, specialized inspection, and health care services including medical teams of the National Center for Communicable Diseases at seven entrance and exit points of Ulaanbaatar.

As it is estimated that more than 40 thousand citizens by around 14 thousand vehicles will come back to the capital city after the suspension is lifted, the Commission plans to set up local first aid posts every 50 km along state highways to prevent possible accidents.

It was also decided to export coal in sealed containers through Zamyn-Uud border checkpoint; increase the number of beds at quarantine facilities by 250 in total as a precautionary measure; suspend flights on Ulaanbaatar - Irkutsk - Ulaanbaatar and Ulaanbaatar - Ulan-Ude - Ulaanbaatar routes from March 2 to March 11; ban entry to foreign nationals who have traveled to South Korea, Japan, Italy, and Iran within the last 14 days; allow Mongolians to return from South Korea and Japan through Buyant-Ukhaa, Sukhbaatar, and Altanbulag border checkpoints only; and put Mongolians coming from the abovementioned four countries in 14-day quarantine upon arrival;

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ADB to help modernize vegetable production, irrigation in Mongolia www.akipress.com

The Asian Development Bank (ADB) has approved $40 million in loans to support the modernization of government-owned irrigation networks and vegetable production in Mongolia.

“The project will promote income and employment generation in rural areas,” said ADB Senior Natural Resources Economist Jan Hinrichs. “This will be achieved by diversifying traditional low-value grain crops into high-value vegetables.”

Agriculture has become a priority for growth in Mongolia, in line with the government’s focus to accelerate economic diversification and job creation. Agriculture is the main source of livelihood in rural areas, but is not sufficiently diversified and relies heavily on imports for vegetables and fodder. In 2008–2016, only about half of the country’s vegetable demand was met by domestic production. Meanwhile, the country’s irrigation systems are recognized as having low water productivity and lacking resilience to severe droughts and floods.

The project aims to install efficient and climate-resilient irrigation infrastructure and management systems, improve sustainability of agriculture production systems, and strengthen technical, institutional, and management capacity and coordination.

Specifically, the project will upgrade, modernize, and climate-proof 12 selected schemes along with directly associated infrastructure to provide irrigation services for 7,000 hectares of land. A total of 3,458 households are expected to benefit, including 1,041 poor households.

The project design introduces innovative features such as high-efficiency irrigation technology in cold regions, summer and winter greenhouses, and an easy-to-use asset management system with remote-sensing technology. Such technology will help detect irrigation performance and resolve problems immediately.

The total cost of the project is $46.25 million, of which ADB is providing a concessional loan of $25.3 million and a regular loan of $14.7 million. The government will provide $4.25 million towards the project cost.

ADB will administer a $2 million cofinancing grant from the Japan Fund for Poverty Reduction (JFPR), which has supported projects in Mongolia in poverty alleviation, improving livelihoods, and safeguarding the environment over the past 20 years. JPFR is funded by the Government of Japan.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.

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