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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Mongolia Defines Its Vision for Artificial Intelligence www.gogo.mn

The concept of "Data Governance and National Artificial Intelligence Strategy of Mongolia" is set to be discussed in January next year.
In 2020, Mongolia ranked 93rd out of 172 countries in this indicator. By 2023, the country was ranked 109th out of 193 countries in terms of artificial intelligence readiness. The lack of a clear vision for artificial intelligence has become a limiting factor.
To address this, the Ministry of Digital Development and Communications has announced plans to present the "Concept of Data Governance and National Artificial Intelligence Strategy of Mongolia" to the public next month.
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Cyrillic Mongolian editions of Xi's books released in Mongolia www.xinhuanet.com

The launch ceremony of the Cyrillic Mongolian editions of the second volume of "Xi Jinping: The Governance of China" and "Xi Jinping's Excerpts on Poverty Alleviation," along with a seminar on governance in China and Mongolia, was held in Ulan Bator, the capital of Mongolia, on Monday.
During the launch ceremony, guests from China and Mongolia jointly unveiled the Cyrillic Mongolian editions of the two books. This was followed by a seminar on state governance, where experts and scholars from both nations exchanged insights and experiences on governance practices in China and Mongolia.
Participants expressed the belief that on the occasion of the 75th anniversary of the establishment of diplomatic relations between China and Mongolia and the 10th anniversary of the establishment of the China-Mongolia comprehensive strategic partnership, it is of great significance for China and Mongolia to strengthen the exchange of experience in governance and poverty alleviation and jointly explore the modernization path with their own characteristics, deepen the friendship and mutual trust between China and Mongolia, integrate interests, and promote the building of a community with a shared future for the two countries.
The organizers of the event said that "Xi Jinping: The Governance of China" reflects the development context and main content of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, and is an authoritative work for the international community to understand contemporary China. Meanwhile, "Xi Jinping's Excerpts on Poverty Alleviation" systematically expounds on the guiding philosophy and great practice of China's poverty alleviation, and contributes the Chinese solution to global poverty governance.
The publication of the Cyrillic Mongolian version of the two important works is expected to help the Mongolian people better understand China, and open a new chapter for the traditional friendship and mutual learning of civilizations between China and Mongolia.
Khurelbaatar Bulgantuya, deputy chairman of Mongolia's State Great Hural (Parliament), said during the ceremony that, under President Xi Jinping's leadership, China is striving to comprehensively build a modern socialist country after achieving a moderately prosperous society. She noted that Mongolia admires these efforts. "Over the past 40 years, China has made significant contributions to global poverty reduction. These two works provide valuable references for countries around the world by sharing China's successful experiences," she said.
Shen Minjuan, Chinese ambassador to Mongolia, emphasized that China and Mongolia share similar development goals and interconnected futures. Shen expressed the hope that the Chinese solutions and wisdom contained in the two books would inspire Mongolia, boost motivation, and enhance confidence in achieving greater development while deepening bilateral cooperation across various fields.
Adiyasuren Davaajargal, state secretary of Mongolia's Ministry of Culture, Sports, Tourism, and Youth, noted that cooperation between Mongolia and China has grown increasingly close in recent years, yielding remarkable results. He added that Xi's works serve as a vital bridge for deepening the exchange of governance experiences between the two countries.
The second volume of "Xi Jinping: The Governance of China" was translated and published in Cyrillic Mongolian by the Foreign Languages Press in collaboration with Mongolia's Admon Publishing House.
To date, "Xi Jinping: The Governance of China" has been translated into 42 languages, while "Xi Jinping's Excerpts on Poverty Alleviation" has been made available in English, French, Spanish, Russian, Arabic, and other languages. Cyrillic Mongolian is the first language in which this book has been translated and published through international collaboration.
The events, co-organized by the Chinese State Council Information Office, the Ministry of Foreign Affairs of Mongolia, the China International Publishing Group and the Chinese Embassy in Mongolia, were attended by more than 300 representatives from political parties, media outlets and think tanks from both countries, and diplomatic missions in Mongolia.
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Baogang sees rapid growth in steel exports www.chinadaily.com.cn

With expanded reach to key global markets, Baogang Group said it has achieved growth in both scale and quality, as well as significant progress in steel exports.
According to the latest data from the Baotou, Inner Mongolia autonomous region-based major steel manufacturer, Baogang exported a total of 1.376 million metric tons of steel in 2023 to 46 countries and regions involved in the Belt and Road Initiative, solidifying its share on the global stage.
Among all the potential markets, Central Asia remains a key export destination for the group, it said.
For example, as the first Chinese enterprise to develop and mass-produce steel rails conforming to Russian standards, Baogang has yielded tangible results in product promotion and sales in the region. In July, the group signed a 130,000-ton steel rail export order with Uzbekistan for the country's railway maintenance project.
Over the past decade, Baogang has actively ramped up steel exports. The number of export destinations has grown from 22 to 60, with annual export volume once reaching a peak of 1.8774 million tons — doubling from initial levels.
In addition, the company's product range has also expanded to include new categories such as plates, pipes, rails and wires.
"We have adopted a product-driven approach, focusing on upgrading and transforming our product portfolio. By reducing exports of general-purpose materials and seizing opportunities in specialized steel markets along the BRI, we have seen growth in high-quality steel products for use in pipeline, wind power equipment, automotive sector, home appliances and rails," said Wang Wei, manager of the import and export division at Baotou Steel International Economic and Trading Co Ltd, a subsidiary of Baogang Group.
To further expand its global reach, Baogang plans to establish offices in the Middle East and Central Asia, creating international marketing stations and ultimately forming a globalized sales network, Wang said.
In addition, the group is preparing to sign a warehousing agreement with a logistics park at the Mandula Port on the China-Mongolia border. Currently in the preparatory and on-site investigation stages, the agreement is expected to pave the way for renminbi-denominated imports of iron ore and coal resources. Once operational, the port will serve as Baogang's largest transit hub for imported iron ore and coal, Wang added.
Beyond steel products, Baogang has also achieved record exports of non-steel products, surpassing 70,000 tons in the first eight months of this year, the group said. The products have been widely used in key projects around the globe, such as the Port Said development at the northern gateway of the Suez Canal and the Mombasa-Nairobi Standard Gauge Railway in Kenya.
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Prime Minister of Mongolia Calls for Countries to Unite Against Desertification Under the Theme “One for All, All for One” www.montsame.mn

The 16th Session of the Conference of the Parties to the UN Convention to Combat Desertification (UNCCD COP 16) is taking place in Riyadh, the capital city of Saudi Arabia, on December 2-13, 2024.
As designated Chair of the next Conference (COP17 in Mongolia), Prime Minister Oyun-Erdene participated as a guest of honor in the Opening Ceremony of the UNCCD COP 16 and made opening remarks.
The COP 16, themed "Our Land, Our Future," will address various issues, including the implementation of the UN Convention to Combat Desertification, the goal of combating desertification and land degradation, restoring degraded land and soils by 2030, responding to drought and desertification, sustainable food production, women's land rights, youth participation, and job creation.
Prime Minister Oyun-Erdene emphasized the critical need to resolve the challenges posed by climate change, desertification, and land degradation. In this crucial time, Premier Oyun-Erdene urged the Convention’s Parties to strengthen political leadership, unity, and mutual understanding and to make bold decisions for our shared future. The Premier then presented the policies and actions that the Government of Mongolia is implementing to mitigate desertification and land degradation.
The Head of the Mongolian Government stated, “Climate change and desertification affects every country and the daily lives of its citizens. According to a UN study, the frequency of natural disasters occurring in Mongolia has doubled in the past 20 years. For example, last year, snowfall in Mongolia reached a record high in the past five decades, causing a severe dzud that killed off millions of livestock, while the previous summer saw floods not seen in over 50 years. Each day, we are witnessing and experiencing such examples in every country. Our land is our future. Therefore, this Conference is being organized under the theme "Our Land-Our Future." In order to protect the land, which is the future of humanity, we must stand together for each other, as the situation demands. Challenges of climate change, desertification, and the pandemic have reminded us to be "One For All, All For One." Therefore, we call for the upcoming conference to be held under the theme "One For All, All For One."
Prime Minister Oyun-Erdene noted that Mongolia is proposing the establishment of the “International Association on Sustainable Pasturelands For the Future” during the 17th Conference of the Parties to the United Nations Convention to Combat Desertification, which will be held in Mongolia. The Premier expressed gratitude for approving the Resolution to designate 2026 as the International Year of Rangelands and Pastoralists during the United Nations General Assembly in 2022.
The Premier underlined that the Government of Mongolia is partnering with countries and international organizations in taking measures to mitigate the effects of climate change and introduce renewable energy in line with UN Sustainable Development Goals. The Prime Minister noted that Mongolia planted 84 million trees and stockpiled 64 million saplings as part of the “Billion Trees” National Movement initiated by the President of Mongolia, which is considered as a good practice internationally.
Prime Minister Oyun-Erdene stressed that implementing major renewable energy projects is crucial in mitigating the effects of climate change and reducing carbon emissions. Furthermore, the Head of Government noted that Mongolia is also focusing on clean energy transition, investing in renewable energy production, and implementing major reforms in the tax system, and invited governments, investors, and the private sector to collaborate in these projects.
As the designated host country of the 17th Session of the Conference of the Parties to the United Nations Convention to Combat Desertification, Mongolia reaffirmed its commitment to addressing drought, desertification, land degradation, and environmental protection and to actively cooperate with other participating countries. The Prime Minister of Mongolia conveyed his best wishes for the success of the Conference and extended a formal invitation to participants and delegates of the Conference to attend COP17, to be hosted in Mongolia in 2026.
The Mongolian Delegation, headed by the Minister of Environment and Climate Change Odontuya Saldan, will continue to participate in the main events of the Conference.
The COP16 concurs with the 30th anniversary of the UNCCD and is also the biggest international event organized by the Kingdom of Saudi Arabia. Notably, this Conference marks the first occasion of the event being held in the Middle East and North Africa (MENA) region.
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Construction of New Bus Depot Completed in Ulaanbaatar www.montsame.mn

The construction of a new bus depot has been completed in Ulaanbaatar. The bus depot, located in Khan-Uul district, has the capacity to house 110 buses, alongside an open parking lot for 150 buses.
Moreover, the depot will have a wash station, maintenance, servicing facility, an open service facility, storage for replacement parts and oils, a boiler house, and a bus monitoring center. A public service center will also operate at the depot.
Ulz Buyant Properties LLC constructed the depot to the order of the Investment Department of the Capital.
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It's time for Mongolia to recognize its esports athletes www.gogo.mn

Once considered mere entertainment or a way to pass the time, electronic games have now evolved into a multi-billion-dollar professional sport that attracts global attention. Esports is still a relatively new industry in Mongolia. Although the term "esports" has been used in the country since the early 2000s, its rapid development has truly taken off in the last 4-5 years. Today, our athletes represent Mongolia on the international stage, consistently improving their performance and achieving greater success. Leading this charge are the athletes of "The MongolZ," who have written their names into history as some of the best in the world.
Training with the best led to the best
For a top-tier team like The MongolZ, the influence of sponsorship has been pivotal in achieving international success. The contribution of 1XBet has been particularly significant in helping the team secure notable results on the global stage. From the very beginning of cooperation, The MongolZ participated in major tournaments, but because of the lack of playing experience against top teams, the organization took not the top places. Seeing that the CS squad needed support, 1XBet initiated a bootcamp in Europe for The MongolZ. The team received support when they needed it most.
After long training sessions in Europe with top teams, the players definitely improved their skills, which showed up immediately in the results. After good results in a series of tournaments, including wins in international competitions, 1XBET offered to help organize regular bootcamps in Europe so that the MongolZ team could have maximum practice time against the best CS2 organizations in the World. As a result of these efforts, The MongolZ are now recognized among the best in the world. Ranking ninth globally by HLTV and fifth by Valve's Global Rankings is a remarkable achievement.
As e-sports grow and expand at an unprecedented pace, more money, opportunities, and competition are flowing into the industry. Now that the world is recognizing it as an official sport, it is time for our country to give it the same high priority. It is important to support and prepare the next generation of athletes who love the sport, are skilled, and are committed to it. In this context, 1XBet is not only a sponsor but also a strong foundation for teams and athletes, paving the way for them to practice hard, improve their skills, and ultimately succeed on the international stage, creating e-sports history.
The growing number of esports enthusiasts in Mongolia is evident from the fan meeting of the Mongolz team, which was held last Friday, November 22nd. Over 500 fans and supporters attended the event, where they had the opportunity to take photos with the athletes and receive autographs. During the meeting, official team merchandise was sold, a question-and-answer contest was held, and gifts were given out to the fans who attended. It was an unforgettable day, as e-sports enthusiasts of all ages gathered to show their support and offer words of encouragement to the athletes. The event was also organized by the official sponsor, 1XBet. Thanks to the strong support of 1XBet and the hard work of the Mongolz team, Mongolia has gained international recognition, and the name "Mongol" is now known worldwide. This partnership will continue to contribute to the growth of Mongolian e-sports and open doors to success for many teams and athletes in the future.
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The Play “Mongol Khan” Set for Japan Tour in 2025 www.montsame.mn

The acclaimed play “Mongol Khan,” which made its Asia premiere in Marina Bay Sands Theatre in Singapore, is coming to stages in Japan in 2025.
The production team of “Mongol Khan” has signed a partnership agreement with one of Japan’s leading cultural companies, Tremendous Entertainment Japan. Performances are scheduled to play in Tokyo on October 10-20, 2025, between the Aki Basho and Kyushu Basho sumo tournaments, and in Nagoya on October 24-26, 2025.
Receiving 4-5 star reviews from over 50 international theater critics and leading global publications, the play’s Japanese tour will involve Mongolian producers such as Cultural Envoy of Mongolia, actress and former Miss Mongolia Bayartsetseg Altangerel, along with Yesunmunkh Myagmar and Mongolian sumo Ryuo Sanchirbold Erkhem-Ochir. On the Japanese side, production will be led by Masayuki Suzuki, CEO of Tremendous Entertainment Japan, with Sunrise Productions Tokyo coordinating the Tokyo performances and Chukyo TV overseeing the Nagoya shows.
In 2023, “Mongol Khan” was performed 17 times at the Coliseum Theatre in London, attracting over 42,000 viewers. This year, the play was staged 22 times at Singapore’s Marina Bay Sands Theatre, which hosts 45 million visitors annually and drew an audience of over 30,000. The Singapore performances were attended by representatives of around 10 international production companies from countries such as the United States, the People’s Republic of China, Japan, the Republic of Korea, Turkey, the Gulf Countries, Great Britain, Australia, and Malaysia.
In preparation for the Japanese performances, the creative team recently conducted promotional photo shoots at Mount Fuji, as well as in Tokyo and Nagoya. Additionally, efforts have begun to publish the Japanese version of the “Mongol Khan” comic book for release in the Japanese market.
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Mongolia: Just Energy Transition and Human Development Imperatives www.undp.org

People and communities should not be passive beneficiaries of development but active agents of change who can engage fully in economic, social and political life, and in building human security – while remaining committed to a healthy environment and careful stewardship of the planet for future generations.
This is the foundation of the Human Development Report of the United Nations Development Programme (UNDP) which was developed in 1990 by late Dr. Mahbub-ul-Haq to place a larger emphasis on policy discussions about people, about expanding their opportunities and choices, and improving their well-being.
Mongolia’s recently launched National Human Development Paper highlights the challenges faced by the country in energy transition and its impact on human development. Over the past decades, Mongolia’s Human Development Index (HDI) showed steady progress until 2018, but started to decline before pandemic. By 2022, it had recovered only to its 2016 level.
One of the causes for Mongolia’s HDI setback is country’s intensive reliance on fossil fuels that power its economy for electricity, heating, industrial, and export of mining products. Mongolia’s dependence on mining commodities makes its economy vulnerable to global market fluctuations, leading to negative impacts on s national income during global recessions. In the meantime, the country is now among the highest per capita CO2 emitters.
In 2021, Mongolia’s HDI was 0.739 which is below the 0.749 average for the East Asia and Pacific region and lower than the average for the neighbouring Europe and Central Asia region. Currently, Mongolia’s HDI of 0.741 in 2022 places it, at 96 out of 193, in the category of high human development countries.
UNDP Mongolia
In Ulaanbaatar and other urban centres, the coal-dependent energy systems, consisting of combined heat and power plants (CHPP) and heating stoves used by the people living in ger (yurt) housing, are exacerbating the air pollution. Moreover, Mongolia’s energy infrastructure is aging, inefficient, and heavily subsidized. The current energy choices, heavily reliant on coal, have not only degraded the environment but also caused significant public health risks. In winters, the air in Ulaanbaatar becomes hazardous to breathe due to high concentration of particulate matter.
UNDP’s planetary pressures-adjusted human development index (PHDI), which adjusts the overall HDI for carbon dioxide emissions and material footprint, reveals the environmental cost of the country’s coal-based development model. In 2022, Mongolia’s PHDI was 16.5% lower than its overall HDI, one of the largest adjustment factors across Asia and the Pacific, signaling the unsustainable trajectory of its growth.
In 2022, Mongolia’s HDI loss, as measured by PHDI was 16 percent, which is the highest discount among neighbouring countries.
With large environmental impacts and health risks, dependence on fossil fuels is providing costly and limited economic benefits. For instance, the mining sector, which accounted for 28% of the country’s gross value added in 2023, employed hardly 5% of the labour force, highlighting the country’s lack of economic diversification and untapped potentials in other sectors. Thus, the country’s high per capita CO2 emissions and heavy reliance on coal, demands a shift towards renewable energy to mitigate the impacts of climate change.
UNDP Mongolia
Given Mongolia’s abundant renewable energy resources and the decreasing costs of renewable technologies globally, the country is well-positioned to benefit from increasing its clean energy mix. Cleaner energy alternatives, particularly solar-powered heating solutions and heat pumps for ger areas, can significantly reduce air pollution and improve public health.
An energy transition will, however, affect the entire economy, particularly those industries and individuals that are deeply entrenched in the fossil fuel sector. It could have a disproportionate impact on different groups, as some jobs will be lost and investments in brown energy sector would be sunk. Therefore, the transition should be just and fair and leave no one behind. It must go beyond environmental goals to align with broader human development objectives, such as sustainable economic growth, social inclusion, energy security, and leveraging partnerships for global energy financing policy and climate mitigation efforts announced at COP29.
Investment in STEM education, skills development, and the reskilling of displaced workers will further ease the transition. Off-grid renewable energy solutions can enhance agricultural productivity and food security for rural farmers and herders; and increase food and energy independence and security for the country. Additionally, the clean energy sector presents new opportunities for economic diversification, creating jobs, particularly for women and youth. Inclusive policies must ensure that vulnerable groups, including internal migrants and herders, benefit from this transition.
A just energy transition (JET) thus, offers an opportunity for an equitable and smooth transition from brown to clean energy, enhances resilience against crises, fosters livelihoods and entrepreneurship, and creates decent employment opportunities across the economy (UNDP, 2024). A JET, would have a positive impact on all and would strengthen human development, setting Mongolia on a low carbon emissions path thus, accelerating progress towards Sustainable Development Goals and achieving NetZero by 2050.
To ensure an efficient and equitable energy transition, Mongolia will need comprehensive regulatory reforms, national and local energy transition strategies, blended climate finance for JET, investment plans for energy efficiency and renewable energy, and targeted training programs for reskilling its labour force that would be displaced from sectors impacted by transition. This will position the country to benefit from foreign investment and international cooperation.
By Yasin Janjua, Economist, UNDP in Mongolia
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TMK Energy Boosts Production at Mongolian Gas Project www.markets.businessinsider.com

TMK Energy Limited has successfully commenced production from three new pilot wells at its Gurvantes XXXV Coal Seam Gas Project in Mongolia, enhancing its gas production capacity. By operating six pilot wells, the company aims to reach critical desorption pressure swiftly, potentially leading to increased gas flow rates and advancing the feasibility studies. This achievement marks a significant step in demonstrating commercial gas production potential from Mongolia’s coal seam gas resources.

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Bridging Continents: Unlocking the Potential of Pakistan-Mongolia Ties www.mongoliaweekly.org

Pakistan and Mongolia, separated by thousands of miles, share a history marked by ancient trade routes and cultural exchanges. While their formal diplomatic relationship dates back to 1962, concrete economic and political cooperation has remained surprisingly limited.
Recent high-level meetings suggest a renewed interest in strengthening ties, but substantial obstacles persist. This analysis will examine the geopolitical context shaping these nascent efforts, considering Mongolia's balancing act between its established partnerships with Russia and India and the potential benefits and risks associated with closer engagement with Pakistan.
We will examine the geopolitical context shaping these nascent efforts, considering Mongolia's balancing act between its established partnerships with Russia and India and the potential benefits and risks associated with closer engagement with Pakistan.
This nascent interest is further exemplified by the meeting between Pakistani Prime Minister Shehbaz Sharif and Mongolian Prime Minister Luvsannamsrain Oyun-Erdene in October 2024 during the Shanghai Cooperation Organization (SCO) summit in Islamabad.
Trade between the two nations is strikingly underdeveloped. In 2022, Pakistan's exports to Mongolia totaled a mere $2.96 million, primarily consisting of soap, pharmaceuticals, and apparel, while
Mongolian exports to Pakistan dwindled to a meager $5.75k. Although Pakistani exports have seen a 14.6% annualized growth over the past five years, the absolute figures remain negligible compared to both countries' broader trade relationships.
This minimal economic exchange underscores the historical disconnect between their economies and highlights the challenges in fostering meaningful trade partnerships.
Despite this, Sharif's meeting with Oyun-Erdene signaled a renewed focus on boosting bilateral trade. While leaders identified potential areas for growth – Pakistan’s textiles, agricultural goods, and pharmaceuticals finding a market in Mongolia, and Mongolia’s minerals and rare earths supporting Pakistani industry – translating these aspirations into concrete outcomes will require overcoming substantial logistical and economic barriers. The creation of a Joint Ministerial Commission (JMC) and an inter-parliamentary mechanism are initial steps towards building the necessary frameworks for enhanced engagement, but the significant gap between current trade volumes and future potential remains a stark reality.
Geopolitically, the potential for a Pakistan-Mongolia relationship unfolds within a complex web of regional dynamics. Mongolia's strategic position between Russia and China necessitates a careful balancing act. While Russia remains a key partner for energy and security, Mongolia has increasingly sought to diversify its relations, particularly with India.
India's growing investment in Mongolia, including the construction of a strategically vital oil refinery and discussions regarding coal imports, signifies a burgeoning partnership. This could complicate Mongolia’s potential relations with Pakistan, given the latter's historically complex and often strained relationship with India.
Mongolia could leverage Pakistan's Gwadar Port through the China-Pakistan Economic Corridor (CPEC), a cornerstone of China’s Belt and Road Initiative (BRI). However, this direct linkage is geographically improbable.
Mongolia and Pakistan
While Mongolia cannot directly join CPEC, it can engage with the broader BRI through the existing “China-Mongolia-Russia Economic Corridor.” This pre-existing framework, which facilitates infrastructure development and economic integration across the three nations, provides a more realistic avenue for Mongolian participation within the BRI, although navigating the complexities of this trilateral cooperation remains a significant challenge.
Furthermore, any potential deepening of relations must be considered in the context of Pakistan's internal political and economic turmoil. Current economic challenges, including high inflation and debt, pose substantial hurdles for both countries.
Pakistan's political instability creates further uncertainty, hindering its capacity to commit to long-term economic partnerships and creating an unfavorable environment for foreign investment. These domestic factors raise serious questions about Pakistan's ability to deliver on any potential promises of enhanced trade or infrastructure development, impacting the feasibility of significant cooperation with Mongolia in the near term.
The prospect of enhanced economic and geopolitical cooperation between Pakistan and Mongolia remains, for now, more aspirational than realistic. While diplomatic engagements such as the Sharif-Oyun-Erdene meeting—with its establishment of a JMC, an inter-parliamentary cooperation — indicate goodwill and a desire to explore avenues for partnership, bridging the substantial geographic, economic, and political divides will require sustained and focused efforts.
Similarly, while promoting people-to-people connections through scholarships, academic partnerships, and tourism initiatives—as discussed in the Sharif-Oyun-Erdene meeting—represents a worthwhile endeavor, it is unlikely to drive significant economic transformation on its own.
The symbolic proposal to declare 2025 the "Year of Pakistan-Mongolia Friendship" highlights the desire to build cultural bridges, but the practical challenges of expanding tourism, leveraging Mongolia's natural beauty and Pakistan's historical sites, are considerable, constrained by limited infrastructure and the sheer distance between the two countries.
The potential benefits for both countries, including access to new markets and enhanced regional connectivity, are undeniable. However, realizing this potential hinges upon overcoming considerable challenges, ranging from limited trade infrastructure to Pakistan’s domestic economic and political instability, and requires careful navigation within the existing framework of the China-Mongolia-Russia Economic Corridor and Mongolia’s crucial relationships with India and Russia.
by Mannal Irfan
Mannal Irfan is a student at the University of Essex studying global affairs and international politics.
 
 
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