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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Erdenebat.D: Mongolia was required to raise $400 million within 12 days www.zgm.mn

Erdenebat Dondogdorj, head of the Democratic Party (DP) caucus in the Parliament, has informed of submitting a draft bill on the official dissolution of the caucus to the Parliament Speaker.

Accordingly, the DP members in the Parliament will steer without a group; thus, the Deputy Parliamentary Speaker appointed from the caucus will be ousted as the Law on Parliament obliges a political party with a parliamentary caucus to appoint a Deputy Speaker. As a result, Sanjmyatav Yadamsuren, the Deputy Speaker elected from the DP caucus, will resign from his position.

Mr. Erdenebat remarked, “I respect the self-resignation of Bold Luvsanvandan from the party. It should be noted that the caucus is under a disruption due to the situation. Also, the decision will not be tailored to the DP's opposition to the Parliament’s recent actions and will continue to monitor the executive branch.”

He then responded to the issues regarding the Erdenet Mining Corporation (EMC). “In June 2016, I submitted the 49 percent privatization of EMC to the Cabinet as the Minister of Industry. At the time, a letter came from Sergey Chemezov, the director of Rostek, Russia. The letter obliged to complete the payment transaction within 12 working days to purchase Rostech stake in EMC. This letter was delivered to the Government on June 1, 2016. The Government was faced with an option to make a legal decision to raise USD 400 million within 12 days. During the Cabinet discussion, I addressed the Government’s inability to buy the stakes within 12 days,” addressed Mr. Erdenebat.

He added, “If the EMC's 49 percent stake was granted to a Mongolian company, it would have allowed the country to claim full stakes in EMC. The contract was a well-made decision that was based on hard facts. In 2016, when the EMC's stake was owned by Russia, Mongolia’s state budget earned MNT 70 billion from the company. As for 2018 when a Mongolian firm held the 49 percent, the EMC's taxes paid to the state jumped by nine times. The economic benefits are clearly visible.”

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Body of fourth miner found after Mongolian mine collapse www.news.mn

Mongolia’s National Emergency Management Agency (NEMA) has announced that the bodies of the four miners uncounted for after a gold mine collapsed in the central province of Tuv in late February have been recovered.

The four miners were uncounted for after the incident took place the open-cast gold mine operated by the company Eco Altan Zaamar in the Zaamar soum of the province on 28 Februray.

NEMA added that the last body was retrieved from the mine, which is around 80 meters deep and 100 meters wide, on Saturday morning, as at least 100 people, including NEMA rescuers, took part in the search for the miners.

The reason behind the incident is yet to be determined.

 
 
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Deputy Minister S.Mungunchimeg pays a working visit to Australia www.mfa.gov.mn

A delegation headed by Deputy Minister for Labour and Social Protection S.Mungunchimeg paid a working visit to Australia from 4-8 March 2019. Officials from the Ministry of Labour and Social Protection as well as relevant provincial agencies were included in the delegation. During the visit, delegates visited Australian government organizations specializing in social welfare including the Department of Social Services, Department of Human Services, Australian Institute of Health and Welfare and Social Research Centre at the Australian National University, held meetings at management level, studied their experience and exchanged information. Also, delegates visited the social security payments and services agency Centrelink and learned about its operations.

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Mongolia suspends commercial operations of Boeing 737-8 jet www.xinhuanet.com

ULAN BATOR, March 11 (Xinhua) -- Mongolia's Civil Aviation Authority said on Monday that it had ordered the country's national air carrier MIAT to temporarily suspend its Boeing 737 MAX aircraft operations.

The move came a day after an Ethiopian Airlines 737 MAX 8 bound for Nairobi crashed minutes after take-off, killing all 157 people onboard. The accident was the second crash involving the 737 MAX in the last four months. In October, Indonesia's Lion Air plane crashed into the sea off the country's capital of Jakarta, killing all 189 people onboard.

"We decided to suspend operations of MIAT's Boeing 737 Max 8 plane from Monday until further notice," the Mongolian Civil Aviation Authority said in a statement.

The national carrier of Mongolia received a Boeing 737 Max 8 jet on Feb. 21. The delivery was first of four 737 MAX ordered by the MIAT.

Ethiopian Airlines has grounded its Boeing 737 MAX 8 fleet on Sunday after the accident.

Boeing said Sunday that it has delayed the roll-out of its new 777X aircraft, which had been scheduled for March 13. The widebody aircraft, according to Boeing's official website, "will be the largest and most efficient twin-engine jet in the world."

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Potential outcomes from Parliament’s irregular session www.zgm.mn

After months of delay, the Parliament will be discussing several bills that have 
high-impact on investment environments, such as the tax package, procurement, and 
minerals, at its irregular session this week.

These three bills include a range of articles that are favorable for investors. For 
instance, the tax package will cut the deduction on special permission sales from 30 
percent to 10, taxes on dividends allocated from stocks to 5 percent and the savings 
rate of commercial banks to 5 percent. Plus, the bill will also allow for a 90 
percent tax return on small and medium-sized enterprises with an annual income of up 
to MNT 1.5 billion. Within the frame, the tax threshold for entities, which 
currently stands at MNT 3 billion, will be increased to MNT 6 billion, and the 
depreciation period will be lowered. The tax package also sets loss carryforward at 
five years regardless of sector.

As for the draft law on procurement, it offers a 20 percent preferential reduction 
on prices of goods of Mongolian origin to support domestic production due to the 
fact that import products account for over 90 percent of Government purchases. The 
National Industrial Council emphasized that the current bill does not support the 
domestic industry and leading to a stimulation of imports, ultimately causing 
negative impacting on the economy.

The Minerals Law, which has been the center of attention for investors for several 
months, will give a five-year extension to the 2.5 percent gold royalties. The 
discount period was ended this year, resulting in about 6-9.5 percent royalties. 
Analysts previously marked that gold purchase of the Bank of Mongolia (BoM) dropped 
significantly with the increased gold tax.

Additionally, the release of the Director and Deputy Director of the Independent 
Authority Against Corruption, as well as the appointment of the Chief of the General 
Staff of the Mongolian Armed Forces and the Deputy Prosecutor General, are also on 
the Parliament’s order list in relations to the end of their tenure.

 
 
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Commander of United States Special Operations Command visits Mongolia www.montsame.mn

Ulaanbaatar/MONTSAME/ Delegation led by General Raymond Thomas, Commander of United States Special Operations Command, visited Mongolia on March 7.

He paid a courtesy call on the President of Mongolia and General Commander of the Armed Forces Kh.Battulga and Minister of Defense N.Enkhbold and held bilateral meeting with Acting Chief of the General Staff of the Mongolian Armed Forces, First Deputy Chief, Major General R.Sukhbat.

At the meeting, the sides shared views on improving capacity to perform peace support and special operations, which is one of five principal directions of Mongolia-U.S. relations in defense sector and cooperation in the armed forces.

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Mongolia to cooperate with Cuba in treatment of diabetes www.montsame.mn

Ulaanbaatar /MONTSAME/ Director of the First Central Hospital of Mongolia D.Chuluunbaatar, Ambassador of the Republic of Cuba to Mongolia Raúl Delgado Concepcion, and CEO of Mongol Em Impex Concern B.Bolormaa signed a Memorandum of Cooperation on March 7.

Under the Memorandum, the sides will cooperate in the areas of early detection, management, and treatment of diabetic foot ulcers and capacity development of health professionals.

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Speaker G.Zandanshatar paying official visit to the Swiss Confederation www.montsame.mn

Ulaanbaatar/MONTSAME/ Speaker of the Parliament G.Zandanshatar has departed today to pay an official visit to the Swiss Conference on March 11-15, at the invitation of the President of the National Council of the Swiss Confederation.

Within the official visit, Speaker G.Zandanshatar will hold official talks with the President of the National Council Marina Carobbio Guscetti while getting acquainted with operations the National Council. Moreover, the Speaker will attend the celebratory event for the 55th anniversary of establishment of diplomatic ties between Mongolia and Switzerland, which is falling during the visit.

Furthermore, Member of the Swiss Council of States and Chair of the Foreign Affairs Committee of the Council of States Filippo Lombardi, State Secretary of the Federal Department of Foreign Affairs Paskal Baerisyvil and State Secretary for International Finance in the Federal Department of Finance Daniela Stoffel will pay a courtesy call on the Speaker.

Heads of Standing Committees on State Structure and Petitions D.Lundeejantsan and M.Oyunchimeg, Head of Mongolia-Switzerland parliamentary group Ts.Garamjav, member of the parliamentary group and MP L.Bold and MPs T.Ayursaikhan and O.Baasankhuu as well as other officials are included in the delegation.

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Mongolia to export meat products to Laos www.montsame.mn

Ulaanbaatar /MONTSAME/ Delegation led by the Head of Veterinary and Animal Breeding Agency D.Tumendemberel paid a working visit to the Socialist Republic of Vietnam and the Lao People’s Democratic Republic between February 25 and March 1.

The delegation held negotiations on exporting deep frozen mutton, goat, beef and horse meat to Vietnam according to the agreements of the 16th meeting of the Mongolia-Vietnam intergovernmental commission. Moreover, they met with Vietnamese Deputy Minister of Agriculture and Rural Development, and participated in the technical conference of Animal Health Department and Accreditation Agency. As a result, Vietnamese working group on risk assessment will pay working visit to Mongolia.

Our delegates got acquainted with the activities of major food producers that supply their products to Japanese, European and the US markets. The Vietnamese side agreed to supply healthy and safe chicken and seafood that meet international standards to Mongolia.

During their visit to the Lao People’s Democratic Republic, Mongolian delegation signed a cooperation agreement with the Department of Animal Health of Laos. Within the agreement, the parties reached agreement on the matter regarding veterinary quarantine on deep frozen meat and meat products to be exported by Mongolia to Laos, resulting in permitting Mongolia's export of animal products to Laos.

 
 
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Prime Minister U.Khurelsukh departs for South Sudan www.montsame.mn

Ulaanbaatar /MONTSAME/ The 8th batch of Mongolian peacekeepers has been serving in the United Nations Mission in South Sudan. To meet with the military contingent, officials headed by Prime Minister U.Khurelsukh departed for South Sudan, being accompanied by representatives of defense sector and reporters.

Mongolia started participating in peacekeeping operation in South Sudan from 2012. The 8th batch, comprising 850 peacekeepers, is now performing its duty successfully.

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