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    

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

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Direct Flights Between Mongolia and Singapore to Begin Next Year www.gogo.mn

Minister of Culture, Sports, Tourism, and Youth, Ch. Nomin, held an official meeting with Dr. Tan See Leng, Singapore’s Minister for Manpower and Second Minister for Trade and Industry.
During the meeting, the two sides agreed to expand cooperation in promoting sustainable tourism. They highlighted that the direct flights starting between the two countries next year will play a key role in increasing travel and tourism flow between Mongolia and Singapore. Additionally, Minister Ch. Nomin and Dr. Tan See Leng exchanged views on youth development and human resource capacity building.
At the end of the meeting, both sides agreed to collaborate on studying Singapore's experience in promoting public sports and to mutually support sports activities.
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Richard Buangan: The United State is ready to help transform Mongolia’s energy system www.gogo.mn

The American Chamber of Commerce in Mongolia hosted a discussion on "Advancing Mongolia's Energy Transition" (October 23, 2024).
This meeting discussed the Government of Mongolia's energy reform program, the goals it seeks to achieve, the opportunities, and the challenges. Specifically, the discussion focused on supporting Mongolia's efforts to advance its energy transition and explored opportunities in the renewable energy sector.
Richard Buangan, the U.S. Ambassador to Mongolia, opened the event by presenting on Mongolia's energy transition efforts and the potential for the country to develop its renewable energy sector. He praised Mongolia for its energy reform initiative and highlighted past energy sector and U.S. assistance. Also he emphasized the importance of increasing private sector involvement in the future.
"ENERGY SECURITY IS NATIONAL SECURITY"
Here are the key points from his speech:
- Overcoming their power crisis will be the new government’s first major test. And as we all know, achieving success will not be easy. The complexity of this problem is why it is so important that the government invite the private sector to take a leading role in facing this monumental challenge. At the end of the day, it will be the private sector, supported by the Mongolian government, that will lead Mongolia to achieve its energy goals and its full potential
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The business community is the key to Mongolia’s success.
- Mongolia finds itself facing its current energy crisis, one that threatens the health, safety, and economic vitality of its people. While I am confident that Mongolia can once again rise above this challenge, the question remains of what exactly must be done? What must be done for Mongolia to achieve meaningful energy reform to not only break this cycle of crisis, but transform Mongolia’s economy and infrastructure so it can power this country well into the future? The truth is, every country, including the United States, has struggled with providing adequate, clean energy for its people.
- First, Mongolia must embrace its incredible renewable energy potential. Second, Mongolia will accomplish little without letting the private sector take an active, leading role in the solution. Only by incorporating these two mindsets do I believe Mongolia can finally achieve energy independence and security. As I have said before, energy security is national security.
- Investing in clean energy allows Mongolia to escape the total dependence on coal and coal-based systems.
- The pioneers, led by innovative private companies, are beginning to implement state-of-the-art technology, such as sand battery storage systems, which provide renewable-generated heat and electricity throughout the winter. These solutions are available for Mongolia to explore, and they must be actively sought out and tested if Mongolia is to successfully achieve its energy transition.
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All it needs is to think boldly and embrace the reforms needed to realize its full potential.
- Clear regulations and a predictable operating environment will attract investors from here and abroad to invest in Mongolia’s renewable energy opportunities.
- In 2021, Uzbekistan began to embrace the private sector by enacting reforms to simplify its tax code, improve bureaucratic transparency, and incentivize foreign investment into renewable energy projects. Just three years later, that Central Asian country has over 1.5 gigawatts of renewable energy generation and has attracted $7.2 billion U.S. dollars in foreign direct investment.
- Raising tariffs is just the first step in achieving this new vision for renewables. Currently, Mongolia can only incorporate half of the renewable energy it produces because of an outdated energy grid with insufficient transmission capabilities.
- The United States and other partners are ready to help transform Mongolia’s energy system and attract the participation of private enterprise.
- The business community is the key to Mongolia’s success.
- If Mongolia can once again embrace these ideas of innovation and reform, they can harness their renewable energy potential to make obsolete the challenge of being landlocked. This dream is not unachievable, the path is open for the Mongolian people. All it needs is to think boldly and embrace the reforms needed to realize its full potential.
"NO ENERGY, NO ECONOMIC GROWTH"
The government has established a national committee led by Minister T. Dorjkhand to address energy sector issues.
At the discussion, Mongolia's Deputy Prime Minister and Chair of the National Committee for Energy Reform, T. Dorjkhand, presented the current state of the energy sector, the need for reform, and future actions. Interestingly, 100 out of 126 members of Parliament supported the formation of the Energy Reform Task Force and Committee. He highlighted Mongolia's advantage of being one of the top five countries in the world in coal reserves and second in renewable energy potential, emphasizing that the country could become an energy exporter.
Here are the key points from his speech:
- Four of the 14 mega projects planned by the Mongolian government are related to the energy sector.
- Over the past decade, due to political priorities focused on social welfare, Mongolia’s economy has stagnated with no major developments since 2012. For example, no reforms or new power plants have been implemented in the energy sector since the 1980s.
- The energy capacity shortfall is 994 MW for electricity and 1,427 MW for heating, and 22% of the country's energy is imported.
- The sector’s short-term debt is 357.2 billion MNT, while long-term debt is 820.8 billion MNT. The Ministry of Energy functions like a “welfare bank,” deeply in debt, lagging behind other sectors that should be leading in development.
- According to the World Bank, Mongolia ranks among the top five countries in coal reserves and second in renewable energy resources (solar and wind). Therefore, the country has the potential to export energy.
- Due to heavy state involvement, investment in the sector is limited, technology is outdated, and there is a constant fear every winter that the capital may freeze. This reflects the sector’s current situation.
- Energy reform aims to shift from shortages to exports, from technological backwardness to modern advancements, and from a state-controlled sector to private sector involvement.
- Key projects such as the Erdeneburen Hydropower Plant, Egiin Gol Hydropower Plant, Tavan Tolgoi Power Plant, and distributed power sources will be implemented within four years. The goal is to achieve energy independence, as energy independence is crucial to the country's overall economic policy.
- The state will not be involved in the energy sector, and only the private sector will participate. In terms of governance, an energy ecosystem will be established to attract investment and promote green financing.
- In developed countries, electricity is a "luxury." In Mongolia, it is cheap, which leads to inefficient consumption. Unlike Japan, the U.S., or the UK, Mongolia is a developing country. Living with cheap electricity and heating is a systemic issue.
- Every MNT invested in the energy sector yields a return of 4 MNT.
- The per capita GDP could reach USD 10,000 by 2028 (compared to USD 6,008 in 2023).
Key energy sector forecasts:
Electricity consumption: 2,671 MW
Ulaanbaatar’s heating consumption: 4,801 MW
The energy reform strategy includes:
Defining policies to support green energy consumption.
Establishing a legal framework that supports investment and smart technologies.
Implementing tariff reforms to eliminate losses.
Promoting transparency and reducing bureaucracy in energy sector organizations.
Improving the governance of state-owned energy companies and reducing costs.
Increasing private sector and renewable energy involvement in the energy market.
Developing an energy export strategy.
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Mongolia dragged its wild horses back from extinction – can it save the rest of its wildlife? www.theguardian.com

Hunched against the early winter chill, Dashpurev Tserendeleg points out the horses on a nearby mountain slope, while a small throng of students and tourists peer through binoculars and take pictures on their phones.
With their stocky bodies and thick necks, they resemble ponies more than horses. Known to Mongolians as takhi and to the rest of the world as Przewalski’s horse, they are the only equine breed never to be domesticated – and the fruits of one of the most successful ever wildlife reintroduction schemes.
“Horses are central to our culture. Everyone is glad to have them back,” Dashpurev says.
Hunted to extinction in the wild in the 1960s, today there are nearly 1,000 Przewalski’s horses at three sites in Mongolia, with more in China and Kazakhstan. The biggest population – numbering 423 – is in central Mongolia’s Hustai national park, the descendants of 84 animals airlifted from European zoos in the 1990s.
Each year they attract tens of thousands of visitors to this small patch of pristine mountain steppe just 100km from the capital, Ulaanbaatar.
“Before the reintroduction, nobody believed we could save this species,” says Dashpurev, who runs Hustai national park. Since then, the International Union for Conservation of Nature (IUCN) has downgraded the risk status of Przewalski’s horse twice: “Our biggest achievement,” he says.
The success stands in stark contrast to other parts of Mongolia. Over the past three decades, the country’s wildlife has been decimated by a combination of hunting, the climate crisis and overgrazing, with creeping desertification turning huge tracts of its vast grasslands into dust.
“Mongolia’s wildlife is in crisis,” says Tungaa Ulambayar, the local representative of the Zoological Society of London. “It is in real danger of being wiped out.”
This crisis began with the fall of the iron curtain in the 1990s, which heralded the end of Mongolia’s communist era and forced an abrupt transition to a free-market economy. The result was economic chaos, shuttered factories and mass unemployment.
“The country basically collapsed,” says Kirk Olson, an American wildlife biologist who spent more than two decades in Mongolia. “It was a free-for-all and the only resource left was the natural environment, so everyone hunted to survive. You would see cartloads of marmot skins, antlers and wolf parts in the market. Anything with four legs was sought out.”
Two saiga, a type of bulbous-nosed antelope, in Mongolia.
A group of red deer females in Hustai national park, Mongolia
Three argali, a wild mountain sheep, running in grassland
A tarbagan marmot in Hustai national park, Mongolia.
After the fall of communism in the 1990s, numbers of many species plummeted, including, clockwise from top left: saiga, a type of bulbous-nosed antelope; red deer; marmot; and argali, a wild mountain sheep
The effects were devastating. Red deer numbers plummeted from 130,000 in 1986 to just 8,000 by 2004, while the marmot population fell from 40 million to 5 million in 2002. Between 1999 and 2004, numbers of saiga, a type of bulbous-nosed antelope, dropped by 85%; and argali, a wild mountain sheep with spiral horns, fell by 75% between 1975 and 2001.
At the same time, communist-era limits on private property were lifted and livestock numbers surged. Today, the national herd stands at 71 million animals, according to the government – far outstripping the carrying capacity of Mongolia’s grasslands, 70% of which are degraded. An environment ministry spokesperson says this overgrazing could lead to the “eventual extinction of natural plants.”
“When you travel around Mongolia, you think, ‘Wow, there’s nothing out there,’” says Olson. “But actually, it’s full of domestic animals. That means less grass for wildlife, except in a few rocky crags the livestock can’t get to. Everything else gets bitten right down to the dirt.”
Even in protected areas like Hustai, livestock are causing difficulties. On a recent afternoon, a herd of 50 domestic horses could be seen grazing less than 200 metres from a group of eight wild Przewalski’s horses. Each winter, people release between 4,000 and 5,000 domestic horses in the protected area, says Batmunkh Tserennorov, a Hustai ranger. “We have to chase them off every day.”
The climate emergency is putting more pressure on the country’s wildlife. Temperatures on the Mongolian steppe are rising three times faster than the global average, bringing more extreme weather events, including droughts, flash floods and harsh winters that wipe out large numbers of domestic and wild animals.
These have particularly severe effects on species that stay in one place, such as marmots. Mobile species such as gazelles and antelopes, meanwhile, are having migratory routes cut off by new roads and railways, built to serve the vast copper and coalmines that have emerged in the southern Gobi desert over the past two decades.
Faced with this crisis, the government has launched several initiatives to conserve and replenish wild areas. In 1998, Mongolia pledged to protect 30% of its territory by 2030 – a goal adopted by 100 other countries in 2021. So far it is on 21%. Last year, the president launched a drive to plant 1 billion trees by 2030 and tough fines have had success in curbing illegal hunting.
Yet these efforts are hamstrung by a lack of funding. According to a recent study, Mongolia has by far the fewest rangers to each square kilometre of protected territory of any country in Asia. As a result, some of its conservation areas are “paper parks”, says Buuveibaatar Bayarbaatar, a scientist at the Wildlife Conservation Society. A spokesperson for the government says it was “supporting the policy of updating and improving the equipment required for the work of the rangers”.
Crucially, Mongolia has no law regulating the use of its pastureland. Introducing this legislation would be difficult but it is the most important measure needed to bring down the number of livestock and address overgrazing, says Buuveibaatar.
“The government wants to grow the economy, that’s the key thing for them, so they are putting a lot of effort into expanding agriculture and mining,” says Buuveibaatar. “Wildlife is not a priority.”
The environment ministry spokesperson says that according to Mongolia’s long-term policy plan “the national traditional customs of nature protection will be preserved,” that “economic and industrial development will be environmentally friendly” and new infrastructure projects are subject to environmental impact assessments. They added that a livestock tax was passed in 2020 to bring down the total number of domestic animals.
Olson says legal protection should apply to more areas. “There needs to be a much more integrated approach that doesn’t just focus on the protected areas, but on the whole ecosystem,” he says. “Places outside the protected areas are pretty important for wildlife, too.”
Hustai national park provides a possible conservation model. Alongside the Przewalski’s horse, it has rebounding populations of marmots, deer and gazelles.
At his office near the park’s entrance, Hustai’s wildlife biologist Dorj Usukhjargal explains the elements behind its success: long-term international partnerships, decades of scientific research and rangers who collect data alongside evicting livestock.
The Przewalski’s horse reintroduction scheme took decades of preparation, starting in 1974 with efforts to map out the genetics of the last surviving animals in captivity, and select the most robust and genetically diverse horses.
Compensation was offered to herders who lost grazing access to the area when it became a park, with funds provided by the Dutch government. Hustai national park is managed by an independent trust, rather than the government, and is free to raise its own funds. It does this by running a small camp for tourists who to come see the horses, and by charging an entrance fee.
The park is small, covering just 506 sq km (195 sq miles), compared with the 27,000 sq km of Gobi Gurvansaikhan national park, which makes it easier to patrol. Hustai is also a short drive from the capital, making it accessible to tourists, who mostly come to see the horses.
But most of Hustai’s principles could be easily applied elsewhere, Usukhjargal says. “The Przewalski’s horse reintroduction scheme is a worldwide example of how to save a large mammal,” he says. “Every country can follow it.”
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Four killed by heavy snow in Mongolia www.xinhuanet.com

Four people, including two children, were found dead after being trapped in their car by heavy snow in eastern Mongolia, the country's National Emergency Management Agency said Friday.
On Tuesday, the victims, all members of the same family, got stuck in the snow on their way back home in the countryside from Dariganga soum, Sukhbaatar Province, and their bodies were found in the car on Thursday afternoon, the emergency agency said in a statement.
Almost all provinces of Mongolia have been experiencing harsh weather conditions this winter, and around 90 percent of the Mongolian territory has so far been blanketed by snow, according to the country's weather monitoring agency.
Heavy snow and blizzards are expected to hit large parts of the country in the coming days, with an average wind speed expected to reach 18 to 24 meters per second, the weather agency said, urging the public, especially nomadic herders and drivers, to take extra precautions against possible disasters.
 
 
 
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China-made buses to hit the road in Mongolia's capital www.xinhuanet.com

Eighty-five buses manufactured by Chinese bus maker Yutong have arrived here and are being put into operation, the municipal government of the Mongolian capital Ulan Bator said Friday.
The first 35 Yutong buses were delivered to Mongolia from China in late December, and were part of the country's efforts to reform its public transport, said the municipal government.
Mongolia has planned to buy a total of 600 Yutong buses, and all remaining buses will be transported to Mongolia by February, it said.
Buses are the most popular means of public transport in Ulan Bator.
There are now more than 980 buses used for public transport in Ulan Bator, but around 60 percent of them are outdated.
Authorities hope the new buses will reduce congestion by encouraging more people to use public transportation.
For many years, traffic congestion has been a major pressing issue in Ulan Bator. The city, which was originally built to accommodate 500,000 residents, is now home to around 1.6 million people, half of the country's population.
 
 
 
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Mongolia's GDP expected to grow by 6.2% in 2024 - World Bank www.akipress.com

Mongolia's economy will grow by 5.8% in 2023, 6.2% in 2024 and 6.4% in 2025, the World Bank said in the latest report.
Inflation is expected to moderate slightly in most countries in East Asia and the Pacific, depending on slowing global commodity prices, improving food supplies and realistic inflation expectations.
Inflation rates are expected to remain high in Laos and Mongolia, the report noted. In particular, factors such as currency depreciation and high prices for imported goods and products will continue to affect the economy.
Tight monetary policy is also expected to continue beyond 2022, which will curb economic growth in near future.
A slowdown in Chinese production will cause damage to regional commodity exporters including Indonesia, Mongolia, Myanmar and the Solomon Islands, leading to lower commodity demand and prices.
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China's imports of Mongolian coal set to rise as transport improves www.reuters.com

BEIJING/SINGAPORE, Jan 12 (Reuters) - China's imports of Mongolian coking coal may rise to a record in 2024, after more than doubling in 2023, on improving transport links and its lower price versus domestic and international supplies, traders and miners said.
China is the world's biggest steel producer and coal importer and a shift to abundant Mongolian supplies could come at the expense of Australian imports of the steelmaking ingredient. Australia, the world's second-biggest coking coal miner, was China's largest supplier until a 2020 diplomatic dispute.
This year's coking coal imports from landlocked Mongolia may rise more than 10% as newly expanded road links enable more truck traffic, a Beijing-based coal trading executive estimated. China imports Mongolian coal mostly by truck through seven ports along a border that stretches more than 4,600 km (2,858 miles).
Beijing and Ulaanbaatar have simplified customs clearances to bolster coal imports, which have been hindered by transport bottlenecks, said several Chinese coal traders. More truck lanes have been added at land ports and customs staff have been asked to expedite document checks, while automated vehicles are being deployed to move coal across the border to warehouses on the Chinese side, said the Beijing-based executive.
"The expanding trade is very much driven by the two governments," said a Singapore-based senior Chinese coal dealer.
"During the Australian coal ban, the Chinese government looked to Mongolia as a prospective replacement and has since worked on improving the transport links," said the trader.
Australian coking coal imports plunged when Beijing slapped an unofficial ban on several commodities after Canberra called for an investigation into the origins of the COVID-19 pandemic, although trade resumed last year as relations warmed.
To bolster Mongolian imports, authorities in the Chinese border town of Ganqimaodu, the entry point for nearly 60% of China's Mongolian coking coal, invested 40 million yuan ($5.58 million) in 2023 to improve infrastructure, according to Chinese state media.
As a result, in the first week of December, an average of 1,136 trucks crossed each day at Ganqimaodu, data from Haitong Securities showed, up 39% from a year earlier.
CHEAPER MONGOLIAN COAL
Thinning margins at Chinese steelmakers caused by the downturn in China's property sector have boosted the demand for cheaper Mongolian coal, analysts said.
"Both Chinese domestic and other major international coking coals are unaffordable to Chinese steel mills, who have been struggling to make ends meet," said Simon Wu, a consultant at Wood Mackenzie.
Mongolian coking coal was imported at an average of 974 yuan ($135.98) per ton last year, some 20% below Russian coal and half the cost of Australian coal, a Reuters analysis of Chinese customs data shows.
China's imports last year of Mongolian coking coal likely topped 50 million metric tons, traders estimated, doubling 2022 levels and dwarfing the 2.3 million tons imported from Australia recorded by Chinese customs in the first 11 months of the year.
The import boom has boosted shares of top Mongolian producer Tavan Tolgoi JSC (TTL.MNE) by more than double since the start of 2023, and shares of Hong Kong-listed Mongolian Mining Corp (MMC) (0975.HK) have more than tripled over the same period.
MMC, with two mines in the southern Gobi, expects to operate near full capacity this year, matching the 1.6 million to 1.7 million tons of coking coal it shipped to China each quarter in 2023, CEO Battsengel Gotov told Reuters.
In 2022, Mongolia completed a 30 million to 50 million ton per year rail line from Tavan Tolgoi to the town of Gashuun Sukhait, across the border from Ganqimaodu, but it has not been linked to China's rail network.
"The next important task will be to complete the cross-border railway interconnections," said MMC's Gotov.
New railway lines are expected to increase Mongolia's railway export cargo volume of all types of goods from 8.2 million tons in 2023 to 80 million tons by 2030, according to data cited by China's People's Daily in December.
($1 = 7.1626 Chinese yuan renminbi)
Reporting by Chen Aizhu in Singapore and Andrew Hayley in Beijing; Editing by Tony Munroe and Christian Schmollinger
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Russia boosts fuel exports to Central Asia, Afghanistan and Mongolia in 2023 www.reuters.com

Central Asian countries, Afghanistan and Mongolia raised their imports of Russian fuel by around 28% in 2023 to almost 6 MMt, partially offseting a decline in Russian supplies to Europe, according to traders and industry data.
Russia has drastically cut supplies of commodities, including oil and gas, to Europe amid deteriorating relations over the conflict in Ukraine.
Afghanistan's Taliban government doubled purchases of Russian liquefied petroleum gas (LPG) last year to 103,850 tons, while Russia tripled gasoline exports to the country in 2023 to 325,000 tons, according to the data.
Russia has not formally recognized the Taliban as the legitimate government in Afghanistan, but was one of the first countries to make contacts and clinch business deals with the group following its return to power in 2021.
A year later, Afghanistan and Russia signed a deal for gasoline, diesel, gas and wheat supplies after Moscow offered the Taliban administration a discount to average global commodity prices.
The move was the first known major international economic deal struck by the Taliban since it returned to power.
Russia supplies fuel to Central Asia mainly via railways, while pipeline exports of diesel to the region account for some 9% of total deliveries to the ex-Soviet republics of Kyrgyzstan, Kazakhstan, Tajikistan and Uzbekistan.
Russian oil pipeline monopoly Transneft said this week that it increased fuel supplies to Central Asia by 29.3% to 530,000 tons in 2023.
According to traders and industry data, Russian gasoline exports to Central Asia, Mongolia and Afghanistan jumped by a third last year to 2.441 million tons.
Supplies of diesel to those markets increased by 26% to 2.943 million tons, while flows of jet fuel rose by 21% to 554,000 tons.
Fuel oil exports jumped 2.8 times to 719,500 tons, while bitumen and LPG deliveries doubled to 500,000 tons and 469,000 tons respectively.
Mongolia accounted for most of Russian motor fuel supplies. It imported 708,000 tons of gasoline via railways last year, an increase of 12%. Its diesel purchases rose 39% to 1.222 million tons.
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Mongolia's inflation down to 7.9 pct www.xinhuanet.com

Mongolia's inflation stood at 7.9 percent in December, as measured by the consumer price index, down by 5.3 percentage points from a year earlier, data from the country's National Statistics Office showed Thursday.
The agency attributed the decline to a significant increase in forex reserves and the stable exchange rate of the national currency the Tugrik.
The country aims to stabilize inflation around the target rate of 6 percent in the medium term.
 
 
 
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President of Mongolia invited heads of state of two neighboring countries www.gogo.mn

U.Khurelsukh, President of Mongolia, gave an official invitation to the heads of state of the two neighboring countries, China and Russia, to pay a state visit to Mongolia this year.
Vladimir Putin, President of Russian Federation, and Xi Jinping, President of People’s Republic of China, sent new year wishes to U.Khurelsukh, President of Mongolia, and wished him success in work. They also sent new year wishes to all the people of Mongolia and wished Mongolia prosperity and well development.
During the "Belt and Road" conference held in China in October 2023, U.Khurelsukh, President of Mongolia, held meetings with Vladimir Putin, President of Russian Federation, and Xi Jinping, President of People’s Republic of China, and finalized mega projects such as transferring natural gas pipeline through Mongolia, trade tax reduction, and the start of the Erdeneburen hydroelectric power plant project.
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