Feb 12, 2025 63 min read Daily News Summaries

Mongolia News Summary for February 12, 2025

The following news articles are the opinions of their authors and publications. They are presented here as translations for informational purposes and do not necessarily represent the opinion of MongolBeat or its members.

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Politics

Introduction of Mongolia's Corruption Perceptions Index

Published: 2025-02-11 | Translated from: gogo.mn

The team at Gogo is working to deliver the information directly. "Transparency International," an international non-governmental organization, is presenting the Corruption Perceptions Index for the year 2024. This index is developed using three types of methodologies. Specifically: - Random calculation: Two domestic and two foreign researchers independently calculate the CPI without influence. - Regional monitoring: Regional advisors note any suspicious or deliberately skewed scores (if any). - Nationwide verification: National chapters review and provide feedback. In past years: - 2016: Social inequality, populism
- 2017: Civil society space
- 2018: Crisis of democracy
- 2019: Creation of political integrity
- 2020: COVID-2019
- 2021: Corruption, human rights, and democracy
- 2022: Conflict, peace, and security
- 2023: Corruption and injustice were highlighted in the Corruption Perceptions Index. This year, "Corruption and the climate crisis" has been emphasized.

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D.Tegshbayar: Mongolia ranks 114th in the Corruption Index, moving up seven places, but remains in the gray zone in the Democracy Index

Published: 2025-02-11 | Translated from: isee.mn

The Transparency International Mongolia NGO announced the corruption index today. D.Tegshbayar, an independent consultant of Transparency International Mongolia NGO, stated: "The main issue of this year's Corruption Perceptions Index by Transparency International is the theme 'Corruption and the Climate Crisis.' As of today, our country has a score of 33 in this index, which means there is no change from the previous year. In terms of ranking, we moved from 121st to 114th place. However, I must emphasize that the ranking is not important. The most important thing is the score. The recommendations provided by Transparency International are actually an amalgamation of the past five years of recommendations. The focus is on whether Mongolia has fulfilled any of the recommendations given by the organization over the past five years. In the past, several sets of recommendations were provided, but there has been insufficient significant action taken. In 2022, our corruption index decreased sharply, and in 2023, we fell into the gray zone of the Democracy Index, entering the list of countries with the most setbacks in democracy. However, this year we remain in the gray zone for the second time. Our country has not worked sufficiently on the two factors that most influence the Corruption Perceptions Index: the Democracy Index and the Rule of Law Index. Also, the fact that the recommendations of the past five years are being repeated indicates that our country has not taken adequate specific measures."

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News Guide: Government Resignation Protest Scheduled

Published: 2025-02-11 | Translated from: news.mn

The News Agency provides an overview of events taking place on Tuesday, February 11, 2025. 10:00 am: The "SOCIAL IMPACT 2025" event at Galleria Ulaanbaatar, 3rd floor will assess whether businesses and organizations promoting social responsibility have had a tangible impact on society by preventing crime and offenses. Marketing professionals will evaluate this and present the most effective social impact campaign. 11:00 am: Another "Government Resignation" protest will take place at the central square. 11:40 am: In celebration of the Lunar New Year of the 17th khokhugchin snake year, the National Museum of Mongolia, in collaboration with Duut Art LLC, will open the "Valuable Lunar Gift - Heritage of Value" exhibition. The Mongolian Philharmonic Symphony Orchestra will perform selections from classical music pieces featured in Haruki Murakami's novels today and tomorrow. Norphei Art Gallery will present a solo exhibition of new and outstanding landscape paintings by artist Ch. Bolor, a member of the Mongolian Artists' Union, titled "Mongolia" on the first floor of the BlueMon Center. The exhibition will run until the 23rd of this month. Tourism Week is ongoing. At the Great Hall of the Ulaanbaatar Hotel, government, private sector, and foreign experts will exchange ideas on the theme "Tourism Strategy and Digital Transition."

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EVENTS: Transparency International to Announce Mongolia's Corruption Index

Published: 2025-02-11 | Translated from: ikon.mn

At 10:00 AM on the 3rd floor of Galleria Ulaanbaatar, an event titled "SOCIAL IMPACT 2025" will be held. This event will present the findings of marketing professionals who have evaluated the impact of businesses and organizations using slogans such as "as part of social responsibility" and their actual influence on society, particularly in preventing crimes and violations. This report will also showcase the most effective social impact campaigns. At the Ministry of Health's "B" Hall, a meeting is scheduled for 10:00 AM to present the results of the 6th National Survey on "The Nutritional Status of the Population of Mongolia." At 11:00 AM in the central square, citizens will organize a demonstration demanding the resignation of Prime Minister L. Oyun-Erdene. At 11:40 AM in the exhibition hall of the National Museum of Mongolia, the opening of the exhibition "Lunar New Year's Precious Gifts - Treasures of Heritage Value" will take place. At 1:00 PM at the Open Society Forum, Transparency International will announce the Corruption Index of Mongolia. Warning: Media organizations (TV, Radio, Social Media, and Websites) must acknowledge the source (ikon.mn) when using our information in any form, either in full or partially.

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D. Tegshbayar: Mongolia's Demotion in the Democracy Index is Due to a Lack of Human Rights Promotion

Published: 2025-02-11 | Translated from: itoim.mn

"Transparency International Mongolia" NGO presented the "Corruption Perceptions Index 2024" report and reported on Mongolia's corruption index. A total of 180 countries were included in the Corruption Perceptions Index, and Mongolia maintained its 33 points from 2023, moving forward by 7 ranks. In the last five years, Mongolia's rankings in the corruption index were as follows: - 2019: 35 points, ranked 106 out of 180 countries - 2020: 35 points, ranked 111 out of 180 countries - 2021: 35 points, ranked 110 out of 180 countries - 2022: 33 points, ranked 116 out of 180 countries - 2023: 33 points, ranked 121 out of 180 countries In 2024, "Corruption and Climate Crisis" was the highlighted topic. This year, Denmark continues to lead the index with 90 points for the seventh year. Meanwhile, South Sudan with 8 points and Somalia with 9 points remain at insufficient levels, bringing up the rear. D. Tegshbayar, an independent consultant for "Transparency International," stated that his words do not represent "Transparency International." The organization has provided several sets of recommendations to Mongolia over the past 5 years. However, significant actions have not been effectively implemented. In 2022, Mongolia's corruption index score decreased sharply, placing it among the top 10 countries where corruption increased. In 2023, it ranked among the countries with the biggest democratic setbacks, entering the gray zone. This year it remains in the gray zone. In other words, the democracy and rule of law indices, which have a significant influence on the corruption perception index, have not been sufficiently addressed. Recommendations include: - No action has been taken to ensure transparency in the mineral resources sector. For example, attention should be paid to making the ultimate owner of special licenses known. - Political party financing should become transparent and shift to a monitoring mechanism. Specifically, it is necessary to stop a small group of people from taking advantage and to ensure the equal application of law implementation. - Pre-trial accountability is also important. Over 800 laws and regulations in Mongolia have various accountability mechanisms embedded within them. However, as the enforcement of these mechanisms is not realized, we have reached a point of criticism towards the judiciary. Additionally, it is necessary to view internal party factions, cliques, and other small groups as related to corruption. For instance, the corruption of alumni groups, equestrians, and wrestling clubs has a greater impact on the corruption situation in Mongolia than party factions. This year, of the 8 sources used for the corruption index, three showed slight improvements, while the assessments of the other 5 sources declined. Specifically, three of the assessments are risk evaluations. Although the economy has grown to a certain extent in quantitative terms, there have been no significant changes in risk assessments. Meanwhile, two indicators are the assessments of businesspeople. The fact that there hasn’t been notable progress indicates that the business infrastructure remains underdeveloped or unsupported. Secondly, financial availability is poor. Existing financial sources come with high interest rates. Business people have evaluated and noted that this is linked to risk assessments, as the interest rates on loans do not decrease. Mongolia received a very poor score in electoral democracy. This is related to the low score in protecting and strengthening democracy in 2023. The citizen deliberation sector also showed a decline. The good news is that the fight against corruption has shown slight improvement in the rule of law indicator. The most important issue is that there has been no notable progress in the human rights awareness of public officials. The significant drop in the democracy index is due to the lack of implementation of human rights, human rights education, and the enhancement of law enforcement institutions' appreciation for human rights. E. Munkhjargal, Executive Director of "Transparency International Mongolia," stated that the Corruption Perceptions Index 2024 indicates that the global level of corruption remains alarmingly high and that efforts to reduce it are weakening. Two-thirds of all countries scored below 50, revealing the seriousness of corruption worldwide. The average score of the index remains unchanged at 43, highlighting the urgent need for anti-corruption measures. Mongolia's potential projects related to climate change are not being implemented due to the corruption index. There is poor environmental health in countries with high corruption risk.

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Mongolia Ranked 114th Out of 180 in Corruption Index, Again Categorized Among Non-Democratic Countries

Published: 2025-02-11 | Translated from: ikon.mn

"Transparency International Mongolia" NGO presented the "Corruption Perception Index 2024." The international organization prepared this year's survey under the general theme of "corruption and climate crisis." For this year's Corruption Perception Index, Mongolia scored 33 points, ranking 114th out of 180 countries. This marks a move forward by seven positions from the previous year, although a democracy-evaluating organization gave the country its worst score in history. In recent years, Mongolia's Corruption Index scores were: - 2017: 36 points, ranked 103rd - 2018: 37 points, ranked 93rd - 2019: 35 points, ranked 106th - 2020: 35 points, ranked 111th - 2021: 35 points, ranked 110th - 2022: 33 points, ranked 116th - 2023: 33 points, ranked 121st - 2024: 33 points, ranked 114th Executive Director E. Munkhjargal of "Transparency International Mongolia" NGO introduced key indicators of the "Corruption Perception Index 2024." He mentioned that the global survey incorporates information from 13 research organizations, reflecting governmental corruption through expert evaluations and business surveys. This year, Denmark leads with 90 points, followed by Finland and New Zealand with 88 and 84 points respectively. Somalia is at the bottom with 9 points, followed by Venezuela with 10, Syria with 12, South Sudan with 8, and Yemen with 13 points. The average score for the Asia-Pacific region is 44 points. In fully democratic countries, the average corruption index score is 73; in "flawed democracy" countries it is 47; and in non-democratic countries, the average is 33. In 2024, Mongolia maintained its score of 33 for three consecutive years, ranking 114th out of 180 countries. This is an improvement of seven positions from the previous year. One of the eight organizations evaluating Mongolia, the World Justice Project Rule of Law Index Expert Survey, gave scores of 35 in 2022, 33 in 2023, and 35 in 2024. However, the Varieties of Democracy organization, which evaluates democratic diversity, awarded Mongolia its worst score in history for 2024. The index measures various elements such as bribery, misuse of public funds, abuse of power by public officials, fairness of public service appointments, and implementation of anti-corruption laws. It does not measure tax crimes, illegal financial transactions, corruption of parties involved, money laundering, or the shadow economy.

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Two Regulations Exceeding the Licensing Law Have Been Annulled

Published: 2025-02-11 | Translated from: gogo.mn

The head of the Cabinet Secretariat, N. Uchral, instructed that registration and regulations exceeding the law be annulled within a week. Following this, the Minister of Urban Development and Housing, J. Batsuuri, ensured the implementation of the "Licensing Law" and annulled two regulations that exceeded the law. Regarding this, N. Uchral stated, "Thus, the system of prohibitions under the guise of registration and regulations exceeding the permissions is beginning to disappear, reducing bureaucratic burdens, and protecting businesses from corruption and undue influence, which is starting to show results."

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"Government Resign" Rally to be Held at the Central Square Today

Published: 2025-02-11 | Translated from: isee.mn

The "Government Resign" rally will be held today at 11:00 AM at Sukhbaatar Square. Specifically, the "Alliance for Freedom" party has planned to organize a rally demanding the government's resignation. Previously, they had also organized a rally this year on January 11 demanding the government's resignation. Additionally, Member of Parliament Ch. Lodoisambuu has proposed a motion to dismiss Prime Minister L. Oyun-Erdene, which coincides with this rally, marking it as a notable event.

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MP Ö.Shijir expresses support for proposing dismissal of Prime Minister

Published: 2025-02-11 | Translated from: isee.mn

Member of the State Great Khural (Parliament) Ö.Shijir has expressed his intention to sign the proposal to dismiss the Prime Minister. Member of Parliament Ch.Lodoisambuu has made a proposal to dismiss the government and is calling on other members to support it. Several named MPs have already indicated their support for this proposal. Specifically, MPs J.Bayarmaa and Sh.Bambasuren have officially announced that they will join the proposal to dismiss the government. Meanwhile, MP Ö.Shijir has also expressed his support for this proposal and stated to MP Ch.Lodoisambuu that he will sign the proposal to dismiss the Prime Minister.

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IAAC: Investigated 900 criminal cases and transferred 10 cases to court

Published: 2025-02-11 | Translated from: gogo.mn

The Investigation Department of the Independent Authority Against Corruption (IAAC) conducted an investigation into 90 complaints and information indicative of criminal activities. Among these, a decision was made to open investigative cases for 9 complaints and information, reject opening cases for 16 complaints and information, and transfer 2 complaints and information to the prosecutor with a recommendation to assign jurisdiction. Currently, 63 complaints and information are being reviewed and investigated. Additionally, investigative activities were conducted on 900 criminal cases, out of which 10 cases were transferred to the court last week, 12 cases were closed, 1 case was recommended for jurisdiction assignment to the prosecutor, and 1 case is being consolidated for further investigation. Currently, 876 cases are under investigation. In order to eliminate causes and conditions conducive to criminal acts, 4 investigators’ notifications and 1 official letter regarding law enforcement operations were sent to relevant organizations. Source: IAAC

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Economy

If a trade war arises, export revenues will fall

Published: 2025-02-11 | Translated from: news.mn

Economic analyst R. Davaadorj discussed this topic. Immediately after taking the oath, U.S. President Donald Trump decided to impose customs tariffs on imports from countries such as Canada, Mexico, and China. His announcement has sent a serious signal to the global market. What is your assessment of this situation? President Donald Trump signed an order to impose a 25% tariff on Canadian and Mexican goods and a 10% tariff on Chinese goods. Although it was announced that the order would come into effect shortly after the signing, the tariffs on Canada and Mexico were postponed for 30 days, while the tariffs on China began to take effect from the announced date. This decision by Trump could bring major changes to the global market. Although it aims to support U.S. domestic production and reduce illegal cross-border activities, it carries the risk of increasing consumer costs and triggering a trade war. It will hit the economies of Canada and Mexico harder. While the impact on China may be relatively small, it will depend on the duration of the tariff, the countermeasures, and future diplomatic negotiations. In the short term, certain sectors of the U.S. economy may benefit, but in the long term, it could create instability in the global market and slow economic growth. The impact on U.S. consumers includes price increases. The tariffs will increase the prices of imported goods. For example, the prices of fruits and vegetables imported from Mexico will rise, including avocados, tomatoes, and peppers. The prices of Canadian lumber and automobile parts will increase. The prices of Chinese electronics, toys, clothing, and other consumer goods will also rise. This price increase will bring inflationary pressure. According to estimates by the Tax Foundation, these tariffs will create an additional tax burden averaging $800 per U.S. household over a specific timeframe. The impact of the tariffs on Canada, Mexico, and China can be directly described as economic loss. The economies of Canada and Mexico are heavily dependent on the U.S. market. The tariffs will reduce exports from these countries and slow economic growth. Canada, Mexico, and China have announced countermeasures, which could lead to a trade war and increase economic instability. Canadian Prime Minister Justin Trudeau announced a 25% retaliatory tariff on $155 billion worth of American goods. Mexican President Claudia Sheinbaum is also planning to impose retaliatory tariffs. China announced plans to file a complaint with the World Trade Organization as well as "necessary countermeasures." China’s economy, however, may remain relatively less affected by the 10% tariffs as it expands its foreign trade with other markets. Overall, this can be seen as a decision with both negative and positive outcomes. However, the risk of a global trade war and disruption of supply chains has become a reality. Specialists at an international level predict that Trump’s tariff decision will slow China’s economic growth, reducing its GDP growth over the next two years. Last year, the country's GDP growth reached 5%. The tariffs will impede China’s GDP, which is expected to reduce. Analysts predict a decline related to the duration of the tariff and trade losses. China's exports will decrease. A significant portion of China's exports are directed to the U.S. market. The tariff could increase the price of Chinese goods and reduce demand, which would decrease China’s export revenues. This could lead to the weakening of the yuan exchange rate. As China’s export income decreases due to the tariffs, and the price of imported goods rises, there may be pressure on the yuan’s exchange rate. The trade war will escalate tensions between China and the U.S., directly affecting geopolitical play. China is likely to seek ways to strengthen its strategic partnerships and trade alliances, as well as to enter new markets. Considering that China makes up about 90 percent of Mongolia’s export revenue, how will China’s tariff policy affect Mongolia’s economy? The 10% U.S. customs duty on some Chinese goods may have both direct and indirect effects on Mongolia’s economy. About 90% of Mongolia’s export revenue comes from raw materials exported to China, especially coal, copper, and iron ore. The U.S. tariff is likely to slow China’s export growth, which may negatively impact its economic growth. Specifically, it could pose a risk of reducing China’s demand for raw materials in its domestic production, construction, and infrastructure sectors. This will affect the demand for Mongolia’s main export products like coal and copper, resulting in decreased export income and negative impacts on currency exchange rates and budget revenues. If the U.S.-China trade war escalates, it could affect the global raw material market, leading to a decrease in the prices of coal, copper, and iron ore. This would reduce Mongolia’s export revenue. During the U.S.-China trade dispute in the past, the instability of raw material prices affected Mongolia’s export revenue, which is worth remembering. Ultimately, there are real risks of export revenue declining, currency exchange rate weakening, budget deficit increasing, and inflation rising. Although the U.S. 10% tariff is highly likely to have a negative impact on Mongolia’s economy, positive opportunities may arise depending on China’s countermeasures and domestic policies. For Mongolia, it is necessary to diversify the export market, expand trade relations with countries beyond China, and develop domestic processing industries to mitigate risks. Talks have been ongoing for many years but with little action. During periods of high raw material prices, budget expenses were increased, but during economically difficult times, debts were piled up. This is the harsh reality. How will Trump’s tariff decision affect Mongolia’s inflation, given that Mongolia’s economy is directly dependent on exports to China? By the end of a recent year, Mongolia’s inflation was measured at 9%. Trump’s tariff decision may have both direct and indirect impacts on Mongolia’s inflation. If U.S. President Trump’s tariff decision causes China’s economy to slow and a trade war arises, it will directly affect Mongolia’s export revenue. A reduction in export revenue will lead to reduced foreign currency reserves, increased prices of imported goods, and possibly higher inflation. China is one of the main partners for Mongolia’s imports. Because of the tariff decision, Chinese domestic manufacturers may increase their product prices. This could lead to increased prices of imported goods in Mongolia, further fueling inflation. A reduction in export earnings and increased import costs are likely to weaken the Mongolian Tugrik, directly impacting the price of imported goods. If the economic situation worsens, individuals’ purchasing power may decrease, and domestic demand may drop. This might reduce inflationary pressure, but in the long term, it could negatively affect economic growth. The government can aim to reduce the negative impact of this tariff through tax and budgetary policy measures but may not have a significant positive impact immediately. Since Mongolia is a consumer country, it is heavily reliant on others. However, as a sovereign state, there is an option to reduce import tariffs or add diverse export items to ease inflationary pressures. While Trump’s tariff decision may not directly impact Mongolia’s inflation, it may still alter the economic conditions through China’s economic channels. The level of inflation is expected to change based on many factors, such as global market trends, Mongolia’s budget and monetary policy, and response actions to this tariff decision. Will Trump’s tariff decision affect exchange rates? Trump’s tariff decision may affect exchange rates, but it depends on several factors. If a trade war erupts due to the tariff decision, it could decrease Mongolia’s export income and reduce incoming foreign currency revenue. This could weaken the Tugrik. Additionally, if the tariff decision negatively impacts China’s economy, it may cause the yuan to weaken. This would indeed affect the exchange rates of countries trading with China, including the Mongolian Tugrik. Economic uncertainties generated by the tariff decisions could cause investors to avoid certain currencies, leading to exchange rate fluctuations. These risks seem to be affecting the Tugrik exchange rate. From the beginning of the year, the exchange rate of the U.S. dollar has been increasing day by day. This is due to both external and internal factors. As for external factors, if the U.S. economy grows steadily and performs well, investors tend to prefer placing their funds in U.S. dollars. The Federal Reserve’s monetary policy, especially an increase in the interest rate, has a direct impact on the dollar. The higher the interest rate, the higher the demand for dollars, which strengthens the value of the currency. Global geopolitical uncertainty, trade wars, or economic crises in some countries often lead to the perception of the U.S. dollar as a safe haven. If there are expectations of rising inflation, investors may prefer to convert their assets into U.S. dollars to protect them. For internal factors, if the prices of major export products like coal and copper drop on global markets, foreign currency reserves might decrease, increasing the dollar rate. Mongolia’s foreign trade fell significantly this year, which is linked to the slowdown in coal exports and falling prices. In the short term, one possible measure to reduce the rate is for the Mongol Bank to intervene in the currency market by supplying U.S. dollars to curb rapid increases. However, this could affect foreign currency reserves. Increasing the interest rate can boost demand for domestic currency and help stabilize the exchange rate. Exploring ways to diversify exports, identify new markets, or increase the price of exported products is necessary. Although certain projects are advancing, state policy seems to be erratic, which deserves criticism. The Central Bank notified that it would maintain inflation in a single-digit percentage. However, prices of consumer goods are rising due to an upcoming holiday. Typically, price-hike phenomena are observed several weeks before and after holidays. Once demand falls, which tends to happen afterward, prices usually recede and stabilize. The Mongol Bank aims to keep inflation within a single-digit figure. Therefore, monetary supply control and adjustments in policy interest rates are methods they use to stabilize inflation. Short-term price increases may differ depending on economic conditions and the type of products. It’s essential to inform the public about the reasons behind price hikes and clarify that this is a temporary phenomenon. If the inflation rate remains high relative to the target level, will the Central Bank reconsider the policy interest rate? Controlling and stabilizing inflation is one of the primary goals of central banks. If the inflation rate remains higher than the target level for a prolonged period, the Central Bank might consider increasing the policy interest rate. Whether to change the rate or employ other monetary policy measures depends on current economic conditions and the causes of inflation. Mongolia’s foreign currency official reserves were announced in a recent report. Currently, it seems to be around $4.8 billion.

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Mongolia to Issue First Dollar Bonds Since Credit Rating Upgrade

Published: 2025-02-11 | Translated from: itoim.mn

Mongolia has announced its plan to issue dollar-denominated bonds for the first time since it upgraded its credit rating last year. As part of this initiative, Mongolia will tender offers to repurchase two of its bonds maturing in upcoming years and will issue new bonds in the international market to finance this. Specifically, the bonds will be offered to international investors starting from February 10. The bond deal will be executed by Credit Agricole, Deutsche Bank, HSBC, and JPMorgan. The price for the new refinancing bond will be set after February 18. Mongolia has announced a tender to repurchase the "Nomad" bond, which is worth 566 million US dollars and is due in April next year, and the "Hunnu" bond, which is worth 650 million US dollars and matures in January 2028. This effectively means Mongolia is offering to pay off 1.2 billion US dollars of bond debt ahead of schedule. These bonds are trading above their issued market prices. Following Bloomberg's report on this, the prices of Mongolian government bonds traded in international markets have risen sharply, leading the growth of dollar bonds from developing countries. Sources have reported that the Mongolian government, which is rated below investment grade, is planning to issue bonds with potentially 5-year or perhaps 10-year maturities. If marketed, this would be the first US dollar bond issued in the last 14 months. In recent years, as other borrowers like Pakistan have needed financial assistance from the International Monetary Fund, Mongolia has become one of the few issuers of high-yield independent securities in Asia's emerging markets. Three major global credit rating agencies have upgraded Mongolia's credit rating since last September, with Moody’s Ratings being the latest to upgrade the rating last November. Moody's Ratings highlighted Mongolia's growth in mineral revenues and effective debt management practices by upgrading the credit rating to B2, although this is still five levels below investment grade. The average spread of high-yield Asian dollar bonds has dropped to 411 basis points, the lowest in over six years, according to Bloomberg indexes. However, since the start of the year, this index has only provided a return of 0.5%, lagging behind other global markets due to renewed issues in China's real estate sector and the market instability caused by US President Donald Trump's tariff policies. Still, last year, regional bonds saw a 15% increase, reaching the highest level in the past 12 years. The best performers among Bloomberg’s 20 major bond indexes have been emerging market dollar bonds and global high-yield bonds, each with returns of 1.5% and 1.4% this year. High-spread bonds are considered better at absorbing fluctuations in the US bond market. Source: Bloomberg, Bloomberg TV Mongolia

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Eastasia Forum: The Hidden Consequences of Growth in Mongolia's Mining Sector

Published: 2025-02-11 | Translated from: itoim.mn

The mining sector dominates Mongolia's economy, accounting for nearly 30% of GDP and over 90% of exports. While this generates significant economic benefits, it also presents substantial challenges to the country's traditional nomadic pastoral culture and environment. Mongolia's mining sector is the cornerstone of its economy. However, it brings challenges such as environmental degradation and income inequality. Policymakers in Mongolia must balance economic growth achieved through the utilization of natural resources with the preservation of environmental integrity. In 2023, the mining sector accounted for 28.7% of Mongolia's GDP, 92.1% of exports, and 31.6% of government revenue. As of 2023, 73,180 people were employed in the sector, comprising 5.7% of total employment. Additionally, mining indirectly generates numerous jobs through related industries and services. One pressing environmental issue is water scarcity. The South Gobi region of Mongolia has already faced water shortages. By 2040, the demand for water used in mining is projected to increase 2.4 times, exceeding groundwater reserves. The extraction process also leads to soil erosion and land degradation. Furthermore, mining disrupts the livelihoods of nomadic herders by depriving them of pastureland. Since the early 2000s, conflicts over land and water use between mining companies and herders have intensified, resulting in the need to formalize local-level agreements. In the past decade, hundreds of investment agreements have been signed. A notable example is the Oyu Tolgoi agreement in the South Gobi. Concerns of herders related to the Oyu Tolgoi mining project include the scarcity of pastureland and the use of groundwater, which threatens local water supplies. The Oyu Tolgoi agreement engaged local residents in a staged, continuous dialogue to reach mutually agreed solutions. Nomadic pastoralism is a crucial resource for diversifying the economy. As the mining sector grows rapidly, enhancing economic diversification becomes increasingly important. However, global consumer interests and the current evolution of Asian emerging markets provide Mongolia with the opportunity to supply its high-quality mining products to the market. Recently, the cashmere sector has remained stable, with major companies investing in meat production, significantly expanding meat exports. The government has taken significant steps in environmental regulation development to ensure sustainable mining operations and align Mongolia's mining legislation with global standards. Unfortunately, new environmental regulations remain effective only on paper, with implementation still lacking. A strategic, forward-looking approach to sector sustainability requires Mongolian policymakers to both invest in infrastructure and improve the enforcement of existing environmental regulations. Local involvement is crucial in addressing the growing issue of pastureland degradation. Source: Eastasiaforum

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Gold Price Reaches All-Time High of $2,955 per Ounce

Published: 2025-02-11 | Translated from: gogo.mn

The price of aluminum has risen to its highest level since 2022. Donald Trump's decision to impose a 25% tariff on steel and aluminum imports has not only created uncertainty in financial markets but has also begun to strongly impact the commodities market. Specifically, the price of gold has reached an all-time high of $2,955 per ounce. Due to Donald Trump's tariff policies and the geopolitical situation, the demand for safe investments has increased, resulting in a 2.2% rise in prices last week. Gold prices have risen by 11% since the beginning of the year. Central banks of countries are increasing their gold purchases, which is supporting the price. For instance, China's central bank has been increasing its gold reserves for three consecutive months. Meanwhile, in the US market, the price of aluminum has risen to the highest level since 2022. Analysts highlighted that Canada is likely to be most affected. It is expected that the market will return to a shortage due to poor aluminum output this year. Additionally, the price of oil, which had been rising to its highest level in four weeks, has relatively stabilized. On Monday's trading, the price of West Texas Intermediate (WTI) crude oil rose by about 2% and is trading at $72.36 per barrel, while Brent crude oil is trading at $75.98 per barrel.

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Currency Orders from Banks are Being Processed Normally

Published: 2025-02-11 | Translated from: news.mn

There is information circulating on social media that commercial banks are not issuing U.S. dollars. When asked about this, the Bank of Mongolia clarified that there is no issue of banks not issuing dollars. Currency is being provided as per the orders submitted by commercial banks. There are no restrictions imposed on commercial banks. As of today, Mongolia has a foreign currency reserve of 4.9 billion U.S. dollars. This reserve is sufficient to cover five months' worth of goods and circulation needs. According to international standards, it is considered normal to have reserves that can cover three months' needs. The exchange rate of the U.S. dollar has been stable in recent months. However, last week, the exchange rate of the U.S. dollar increased to 3,475-3,510 tugriks. On February 3rd at Naiman Sharga, the buying rate for the U.S. dollar was 3,468, and the selling rate was 3,475. Today, the buying rate at the trading center is 3,495 and the selling rate is 3,510 tugriks. As a result, the difference between the official and black market rates has reached 30-40 tugriks. According to the Bank of Mongolia's exchange rate information from yesterday, the U.S. dollar rate is 3,455 tugriks, and the yuan rate is 474 tugriks.

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Coal prices fell but exports continue normally

Published: 2025-02-11 | Translated from: isee.mn

Economists have begun to warn that the fall in coal prices and the filling of warehouses beyond the border have slowed exports, creating a risk of a shortfall in budget revenue. When asked about this by official sources, they clarified, "Coal exports have not stopped, but they have slowed down. As of yesterday, 525 trucks and two railcars loaded with coal were dispatched across the border. While the warehouses beyond the border are full, causing coal prices to fall, exports have not stopped." "Erdenes Mongol" JSC's executive director S. Narantsogt stated, "It's true that coal exports are slowing down. We are developing a response plan. The main border crossing points for coal exports have warehouses belonging to our southern neighbor. From these warehouses, coal is then transported to factories. Currently, the demand for coal transportation beyond the warehouses has decreased, leading to a drop in coal prices. This is the situation we are facing. However, we are formulating a specific response plan."

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IBAN Account Numbers Now Used for Interbank Transactions

Published: 2025-02-11 | Translated from: gogo.mn

Commercial banks operating in Mongolia are gradually transitioning to the IBAN account numbering system in line with international standards. As part of this reform, Khan Bank is implementing the IBAN account numbering in its operations starting today. This allows customers to conduct interbank transactions using IBAN account numbers, with all interbank transfers required to use IBAN numbers starting from March 24, 2025. However, using IBAN numbers is not necessary for transactions between accounts within Khan Bank. What is IBAN? IBAN (International Bank Account Number) is an internationally recognized account numbering system consisting of 20 digits as per ISO 13616-1 and 2 standards. It is a unified coding system for interbank transactions and includes the recipient's country and bank number. Advantages of using an IBAN account number: - Since IBAN contains the country, bank, and account number of the recipient, it speeds up transactions. - It checks for errors in the recipient's account number, preventing returned or delayed transfers. - Transactions using an IBAN account number do not result in duplicates, and there is no risk of transfers being made with mismatched names and accounts. Organizations will also fully transition to IBAN Khan Bank's corporate clients will completely transition to the IBAN numbering system by March 16, 2025. We recommend that clients use IBAN numbers when conducting interbank transfers in accordance with international standards and requirements, and adapt quickly to the new system. Instructions for using an IBAN account number: - To obtain instructions on registering in the unified account database, click HERE. - To obtain instructions on making transactions with an IBAN account number, click HERE. - To get instructions on how to make transactions from the unified account database, click HERE. - To view instructions on how to check your own IBAN account number, click HERE. The introduction of the IBAN system is not just a technological upgrade, but a significant step toward bringing Mongolia's banking sector to international standards, making it more accessible, reliable, and faster. Khan Bank is working to make this change as easy and understandable as possible for its customers. Shared growth – Khan Bank

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MSE: QPay to Distribute ₮3.7 Billion in Dividends for the Second Half of 2024

Published: 2025-02-11 | Translated from: ikon.mn

"Innovation Investment" JSC (MSE: QPay) has decided to distribute ₮3.7 billion in dividends for the second half of 2024 based on financial results, allocating ₮20 per share, according to the Mongolian Stock Exchange. In the first half of 2024, the company also distributed ₮20 per share, resulting in a total allocation of ₮7.4 billion to shareholders in 2024, with dividends of ₮40 per share. In December 2023, "Innovation Investment" JSC went public through an IPO, achieving a net profit of ₮5.7 billion in 2023. The unaudited financial report for the end of 2024 shows a net profit of ₮10 billion, marking a 76% increase from the previous year. ABOUT INNOVATION INVESTMENT JSC "Innovation Investment" was founded in 2017 with the goal of investing in innovative technological solutions. It operates with two subsidiaries, "KKTT" LLC and "Digital Merchant Services" LLC. As of December 2023, "Innovation Investment" JSC is a publicly traded company on the Mongolian Stock Exchange, leading the development and investment in new products as well as expanding and managing existing products and services. "KKTT" LLC is responsible for the daily operations of the QPay service, while "Digital Merchant Services" LLC manages the daily operations focused on merchant services. Disclaimer: Media organizations (TV, Radio, Social, and Web pages) using our information must credit IKON.MN as the source.

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Golomt Bank Wins 'Frontier Markets Deal' at IFR Asia Awards 2024

Published: 2025-02-11 | Translated from: gogo.mn

Golomt Bank's issuance of a $300 million bond in the international market was selected as one of the best deals of the year at the IFR Asia Awards 2024 and was honored with the 'Frontier Markets Deal' award. This award is given annually by the "International Financing Review Asia" magazine to recognize successful investment and financial deals implemented in the Asian region. By receiving this award, Golomt Bank has stood shoulder to shoulder with major international banks. In particular, the magazine highlighted that the $300 million bond issued by Golomt Bank in the international market in 2024 was a pioneering move among Mongolian commercial banks since 2012 and significantly contributed to enhancing the reputation of Mongolia's financial sector. The international bond was issued in the Reg S/144A format, with Deutsche Bank AG, J.P. Morgan Securities PLC, Korea Investment & Securities Asia Ltd., and Frontier Strategies Pte Ltd. participating as underwriters and providing advisory services. This event marks a significant milestone showcasing Golomt Bank's ability to overcome high barriers in attracting investment and financing from the international market, demonstrating the bank's reliable operation trusted by professional investors. Golomt Bank is focusing on strengthening its commitment to creating long-term value for its customers, shareholders, and investors, while enhancing its cooperation and participation in the international financial markets.

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Let's Keep the Economy's Circulation Within the Country

Published: 2025-02-11 | Translated from: news.mn

The traditional Mongolian New Year celebration is approaching. Mongolians prepare for our national traditional holidays as best as we can. Of course, everyone strives to greet the traditional holiday ceremoniously and abundantly to ensure the goodwill of family and friends. And rightly so. Therefore, last weekend, movement increased in food and goods markets. During major holidays that occur only once a year, people's purchasing increases, and the economic flow improves. It is during this period, just under a month, that citizens spend the most on consumer goods. For instance, it is estimated that a single household spends on average 3-4 million MNT for the Lunar New Year celebration. Mongolia has about 940 thousand households. Calculating the average household expenditure at 2 million MNT, it's about 2 trillion MNT injected into the economic circulation. The Lunar New Year is the peak time for consumer spending. Therefore, we can say that businesses and the economy benefit positively from people's purchases. Domestic demand is the main factor supporting the country's economy. Since Mongolia is not a manufacturing nation, it imports 80-90% of all goods and is a consumer nation. Nevertheless, supporting national producers during major holidays helps retain money flow domestically and increases the economic benefits for local businesses and entrepreneurs. In essence, during widely celebrated holidays such as New Year, Naadam, and Lunar New Year, the economy of national producers revives, and they form the majority of their annual income. However, as a consumer nation, it is impossible to fully meet economic demand domestically. Being a small market near large markets increases the need to import large quantities of low-cost goods, which is evident from customs data. Some citizens criticize the high prices of domestic goods. If the prices of domestic products seem high, gifting national currency to each other before choosing imported goods is a truly patriotic choice. Recently, there has been a trend of citizens avoiding foreign goods and exchanging national currency as gifts during the traditional Lunar New Year, which is commendable. In recent years, citizens have called for celebratory events to be less elaborate and more in line with traditions, to reduce the economic burden on households. Doing so has positive benefits for the economy of an import-dominated country like ours, by keeping the tugrik within the country, which also helps to curb increasing inflation on a daily basis.

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Bank of Mongolia: No Foreign Exchange Restrictions Imposed by Banks

Published: 2025-02-11 | Translated from: gogo.mn

The Bank of Mongolia announced today that the exchange rate is 3455 MNT. Over the past year, the MNT has weakened by 1.60% against the USD. On February 1, 2024, one USD was 3401 MNT. In the early months of the year, the MNT exchange rate was stable, but has gradually increased since last September. The Bank of Mongolia explained the exchange rate movement as follows: - In terms of the yearly average, during specific periods such as September-October when business activity increases, and before the Lunar New Year when demand rises, the exchange rate fluctuates. In recent years and months, outbound tourism has increased and car imports have also increased significantly, impacting the rate. Additionally, due to seasonal factors, some mining production becomes neutralized, affecting the inflow of foreign currency. However, the foreign currency reserves of the country reached a historical high of 5.5 billion dollars by the end of 2024. The current reserves, approximately 4.9 billion dollars, are sufficient to cover the payment of goods linked to the currency for five months. International standards and requirements consider it sufficient to cover the payment for three months of consumption. The banks have not in any way imposed exchange restrictions, and the Bank of Mongolia is fulfilling the banks' foreign exchange purchase orders at the desired amounts. Therefore, there is no issue of imposing exchange restrictions. On a larger scale, not only from the domestic market but also from the international market, particularly with the trade "war" between the U.S. and China and tariff issues, there are real risks and pressures that could affect our economy, the officials said.

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Diplomacy

Published: 2025-02-11 | Translated from: gogo.mn

A two-day seminar will be held in Ulaanbaatar to support Mongolia in developing a national action plan that reflects modern trends in women, peace, and security issues. According to T. Enkhbayar, Secretary of the National Committee on Gender, 32 female members were elected to the Parliament as a result of the regular elections in 2024, increasing the representation of women in the Parliament to 25.4%. This figure surpasses the Asian average of 21.2% and approaches the global average of 26.9%. As of January 2024, Mongolia has moved up 39 ranks to 90th place in the global ranking of women in Parliament according to the Inter-Parliamentary Union. Assessments of the implementation of the Law on Ensuring Gender Equality indicate that the implementation consequences in the economic field, culture, education sector, and family relations are at a "medium level." However, in the political field, health sector, labor-market relations, and in state service, the implementation consequences are "below medium" and "low," respectively. The seminar is organized by the Ministry of Foreign Affairs of Mongolia with support from the Embassy of Canada in Mongolia and the United Nations Entity for Gender Equality and the Empowerment of Women Asia and Pacific Regional Office. Sandra Schuffani, Ambassador of Canada to Mongolia, stated: "We place great importance on gender equality for several reasons. Firstly, it is very important for Canadians to support gender equality. It is also a part of our foreign policy. Moreover, we began to implement feminist foreign policy and feminist international assistance policy a few years ago, which essentially guides our foreign policy. Therefore, it is necessary to integrate gender equality issues with all the countries we have relations with. Particularly when interacting with Mongolia, we focus on this issue. Gender equality is also an important issue for Mongolians. Hence, it is a mutually interesting topic for both of us." "We are financing this seminar and organized it in cooperation with the Ministry of Foreign Affairs of Mongolia and UN Women. However, Mongolia still does not have a national action plan on 'Women, Peace, and Security.' Although Mongolia actively participates in peacekeeping operations and strongly supports gender equality, it has not yet adopted this national plan. While 112 countries worldwide have adopted this national action plan, Mongolia should also adopt it. We are helping Mongolia with this process by assisting with studies on what steps should be taken." - What are the positive outcomes of implementing the national 'Women, Peace, and Security' program? Mongolia has the potential to contribute to this important global program. It can underline the importance of women's participation in peacekeeping, peace, and security issues and clarify the country's role in this direction. Mongolia can play an important role in researching how women can participate more actively in this endeavor. As a country that highly values and emphasizes gender equality, Mongolia has the full potential to share its international experience in this field. Also, as a nation with many female peacekeepers worldwide, sharing its experiences with others is important. - What projects are your Embassy implementing to support gender equality? Besides this seminar, we are involved in supporting victims of gender-based violence. We are cooperating with multiple organizations to enhance the response measures against gender-based violence, and we will continue this in the future. We also integrate gender equality into all our activities under our feminist international assistance policy. For instance, we focus on incorporating gender equality and ensuring women's participation in policy formulation, decision-making, and activities in the agricultural sector. Additionally, we pay attention to civil service reforms, assisting in conducting gender equality analysis in civil service policies and human resources activities. Everything we do is aimed at ensuring gender equality. Representatives from government and civil society organizations working in defense, security, border protection, emergency, law enforcement, and supporting gender equality are participating in this seminar. The United Nations Gender Equality and Women's Empowerment Organization is providing participants training and information on introducing international best practices and ensuring the involvement of all stakeholders in developing the national action plan during the seminar.

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Minister O.Altangerel Visits Russia and Signs Program and Protocol for Cooperation Until 2028

Published: 2025-02-11 | Translated from: isee.mn

Member of the State Great Khural of Mongolia, Minister of Justice and Internal Affairs O.Altangerel made an official visit to Russia at the invitation of the Russian Minister of Justice Mr. K.A. Chuichenko. During the visit, the Minister held official meetings with the Russian Minister of Justice K.A. Chuichenko and Minister of Internal Affairs V.A. Kolokoltsev. They discussed and exchanged views on the current state and future development of cooperation between the two countries in the fields of justice and internal affairs. At the end of the meeting, the ministers signed the "Program for Cooperation between the Ministry of Justice and Internal Affairs of Mongolia and the Ministry of Justice of Russia for 2025-2028" and the "Protocol for Cooperation between the Ministry of Justice and Internal Affairs of Mongolia and the Ministry of Internal Affairs of Russia for 2025-2028." During the visit, the delegation led by the Mongolian Minister of Justice and Internal Affairs O.Altangerel visited a total of 8 institutions including the Federal Forensic Science Center named after A.R. Shlyakhov of the Russian Ministry of Justice, the "Butyrka" detention center established by decree of Empress Catherine II in 1771, the Academy of Management of the Ministry of Internal Affairs, Moscow State University, the Forensic Science Center, the central polyclinic of the Ministry of Internal Affairs, the Rapid Management Center of the Moscow city administration established under the "Smart City-Moscow" project, and the Cyber Security Center of Sberbank, to familiarize themselves with their operations. Additionally, representatives of over 40 students from agencies and organizations under the Ministry of Justice and Internal Affairs of Mongolia studying in Moscow were met, their requests and suggestions were heard, and a warm conversation was held.

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KHÖVSGÖL: Khövsgöl Province to Expand Cooperation with Irkutsk City

Published: 2025-02-11 | Translated from: montsame.mn

Khövsgöl province is expanding its international relations and initiating cooperative agreements with Baruth city of Germany, Dandong city of China, Irkutsk city of Russia, and Daejeon city of South Korea in the fields of education, healthcare, culture, arts, and tourism. As part of this cooperation, the governor of Khövsgöl province, L. Tömörbaatar, paid a working visit to Irkutsk city in Russia, where he met with I. I. Kobzev, the governor of Irkutsk oblast. During the meeting, Governor L. Tömörbaatar and Governor I. I. Kobzev discussed expanding collaboration in multiple areas. Specifically, they discussed importing oil through the Khankh-Mond border and addressing issues faced by the residents of Khankh district. They also talked about allowing goods imported from Russia to be processed at the Mond customs instead of in Ulan-Ude or Irkutsk. Additionally, there were discussions on resolving the energy issues in Khankh district, continuing the student exchange program, bringing Russian language teachers to work in Khövsgöl province, developing tourism, supporting the enterprises of both sides, and establishing partnerships between manufacturing enterprises. Within the framework of the student exchange program, last fall, 15 students and 2 teachers from the Lesnoy Comprehensive School in Irkutsk city, Russia, visited the "Bridges of Friendship" summer camp in Khankh district of Khövsgöl province, where they learned about Mongolian lifestyle, culture, traditions, songs, dances, nomadic livelihoods, and cuisine.

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Historical Document: "If Not for American Influence, ROC Wouldn't Have Recognized Mongolia's Independence"

Published: 2025-02-11 | Translated from: gogo.mn

The academic conference titled "Yalta Conference-80 and Mongolia" was held yesterday. This conference discussed world order after World War II and the meeting of the three Allied leaders, recognizing Mongolia's status quo, which formed the basis for strengthening Mongolia's independence and sovereignty on the international stage. The meeting between Franklin Roosevelt of America, Winston Churchill of Great Britain, and Joseph Stalin of the Soviet Union held in Yalta, Crimea, from February 4-11, 1945, significantly impacted Mongolia in the 20th century. Scholars and researchers discussed how, amid the great powers' interests and maneuvers, External Mongolia, influenced by the Republic of China (ROC), transformed into an independent Mongolian state during the 80th anniversary of this historical moment. The Mongols, who fell under Manchu rule in 1691 and were oppressed for over 200 years, repeatedly rebelled in the struggle to restore their independence. In the early 20th century, specifically 1911, the revolution for national freedom declared Mongolia's independence. However, major powers did not recognize Mongolia's independence and still considered it part of China. Despite the success of the people's revolution in 1921 and the adoption of the first Constitution in 1924, the world's nations remained unaccepting of Mongolia's independence. Although the major powers refused to acknowledge it, the Mongols continued to see themselves as an independent state, thus reaching 1945 in this unresolved status. The Mongols expressed their aspiration for independence in various ways repeatedly. Many patriots lost their lives in the struggle for independence, as historical events testify. Although Mongolia did not gain its independence through the Khalkhin Gol War in 1939, it demonstrated its position as a subject of international law and an influential state. When World War II began on September 2, 1939, Mongolia stood with the USSR, choosing its ally well. Mongolia's alignment with Soviet policy, aiming to have a buffer state, fit perfectly. Therefore, to prevent establishing Chinese influence over Mongolia or recognizing Mongolia as a part of China, the influence of the area being under Soviet dominance was asserted. The US and Britain were then convinced of the importance of Mongolia's issue of independence. Dr. T. Sukhbaatar of the National Security and Strategic Research Institute stated that the fate of World War II was essentially decided when the Germans lost at the Battle of Stalingrad. From this point on, the Soviet Union brought up the issue of Mongolia's independence. After the war, the leaders of the three Allied countries discussed the postwar world order at the Yalta Conference from February 4-11, 1945. Among the many issues to be addressed, establishing spheres of influence and dividing post-war Europe included the Soviet proposal to address Mongolia's independence. The question arises: Why did the USSR address Mongolia's independence? The discussion of Mongolia's status quo arose because the USSR, in response to American conditions, raised this issue. The US's condition was "to involve the USSR in the war against Japan." Involving in combat operations against Japan's Kwantung Army, which had 1.2 million men, was not easy for the US. As American involvement was complex, the US recognized Mongolia's independence in exchange for many Soviet soldiers' lives. The Soviets also placed conditions on regaining the southern half of Sakhalin Island and the Kuril Islands, resolved at the Yalta Conference. Thus, through agreements, the USSR and America influenced the ROC (China) to resolve the issue of Mongolia’s independence. The pressured leader of the ROC's Kuomintang party, Chiang Kai-shek, said, "If Mongolia wants to be independent, let's see what its people want." Hence, on October 20, 1945, a nationwide referendum in Mongolia was conducted to affirm its independence. The single question, "Do you aspire to confirm the independence of the MPR (Mongolian People's Republic)?" was answered by 487,409 literate and illiterate people, approving independence with 100% of the vote. During the referendum, 11 representatives from the ROC government, including Lei Fajan, came to observe whether the Mongolian people truly desired to confirm their independence. Seeing the active participation in the referendum themselves, they returned. Based on this universal plebiscite's outcome, the ROC recognized the MPR's independence 11 months after the Yalta Agreement, on January 5, 1946. The plebiscite confirming independence marks its 80th anniversary in 2025, and this event is worthy of being its significant subject. However, it's briefly mentioned here to transition to the essential matters discussed at the Yalta Conference. Dr. T. Sukhbaatar emphasizes that one thing in history never loses its importance—independence. While Mongolians commemorate the anniversaries of the 1291 Revolution and the 1924 Constitution, these did not achieve statehood. The anniversary of the 1945 Yalta Conference, which shaped Mongolia’s fate, should be widely introduced to the public. Due to the conference's outcomes, Mongolia achieved statehood. Later, when Mongolia joined the UN in 1961, its stance against fascism during World War II and against Japanese militarism supported its membership. Dr. R. Bold, Extraordinary and Plenipotentiary Ambassador, emphasized that the acceptance of the Soviet proposal for Mongolia's recognition was pressed on Chiang Kai-shek by the American Ambassador to China at the time, Harle. It is noteworthy that the ROC would not have approved Mongolia’s independence without American influence. The U.S. concluded that the referendum outcome for independence was irreversible by any legal act. The Yalta Agreement’s principal significance was that the plebiscite outcome persuaded the ROC to recognize Mongolia's independence. This removed the joint constraints of Mongolia’s two neighbors while eradicating the Soviet ambiguous stance on Mongolia's independence. Ambassador R. Bold stated that changes in power dynamics due to World War II led the US to scrutinize its view on Mongolia's status quo. The recognition of Mongolia's independence by its neighbors rather than by America or Britain underscores the gravity of the Yalta Agreement. No one disputes that Stalin's ultimatum was pivotal in incorporating MPR-related clauses and securing recognition from the ROC. However, without American mediation, Soviet talks with ROC would almost not have started. The US's pressure on this issue was critical because the USSR could not solely obtain ROC’s acknowledgment of MPR’s independence. Today's Yalta-Potsdam order has essentially collapsed. Criticism and demand for restructuring and reforming the UN's permanent five members have increased. This situation confirms the need to reevaluate the sole surviving Yalta decision. Thus, it may be time for a new great powers meeting to establish global rules. Attendees at the conference might have pondered who the new trio would be. During the discussion, Ambassador R. Bold's remark highlighted that US mediation was verified during Soviet-ROC talks. The US Ambassador to China initially met Stalin on April 17, promising, "I've got your back." Initial talks took place six times in Moscow but stalled due to lack of information from Chiang Kai-shek regarding Outer Mongolia. In the GMD Central Committee meeting to acknowledge Outer Mongolia’s independence, Chiang Kai-shek made a statement while US Ambassador Harle was seated beside him. Ambassador Harle presented a telegram from US Vice President Truman, stating, "I requested Truman to direct Chiang Kai-shek to recognize Outer Mongolia’s independence. The situation has hit a stalemate without this direction." In the Kuomintang Central Committee meeting, Chiang Kai-shek proposed a condition for the independence referendum and said to Harle, "I’ve set the condition as you and Truman suggested." Therefore, this cannot be ignored. Without this mediation, Mongolia’s status quo might not even have been discussed. Chiang Kai-shek noted two points on why he agreed to recognize Mongolia's independence: first, the world had changed, and it might change again in 50 years. Second, the Mongolian and Tibetan peoples lived distinctly compared to other ethnic groups. These factors were considered. Yet, he implied, "These peoples have lived within the ROC since ancient times. Like a family, households can split or unite…." Professor D. Ulambayar, Dean of the School of International Relations and Public Administration, points out that until 1945, Mongolia's status in international law was ambiguous. Although under Soviet influence, it remained part of China in international law. Article 5 of the May 31, 1924, Soviet–ROC agreement stated, "Outer Mongolia is an inseparable part of the ROC," necessitating a clear resolution. Consequently, major powers agreed to maintain the MPR's status quo based on its current territory. During Soviet-ROC talks in Moscow in June-July 1945, the Chinese side vehemently opposed the Yalta agreement's clause on Outer Mongolia’s status quo. "Outer Mongolia is an indivisible part of the ROC. Recognizing independence is unacceptable. We can grant it supreme autonomous rights, decide its foreign policy independently, and allow Soviet troops in Outer Mongolia," was Chiang Kai-shek’s counterproposal. Stalin opposed this, advocating for MPR's status quo recognition rights. Finally, the ROC, needing Soviet entry into the war against Japan, accepted Stalin’s condition, setting a sole condition: "Post-Japanese defeat, if Outer Mongolians confirm independence via referendum, we’ll recognize the MPR's territory as it is." Thus, the legal basis for accepting the MPR’s status quo discussed at the Yalta Conference was cemented at the Soviet-ROC talks in Moscow in June 1945. Accordingly, the Mongolian people voted 100% in the independence plebiscite on October 20, 1945. Based on this, the ROC de facto recognized the MPR’s independence on January 5, 1946, and diplomatic relations commenced on February 15, marking juridical recognition between the neighboring states. The 1945 Mongolian plebiscite led the ROC to accept Mongolian independence. After the PRC’s establishment in 1949, in 1950, the USSR and PRC established diplomatic relations, reaffirming Mongolian independence in their Friendship and Cooperation Treaty. Mongolia’s declaration of independence in 1921 and the 1924 Constitution founding the MPR were only legally confirmed internationally by the 1945 Yalta Agreement and October 20, 1945, nationwide independence referendum. In 1945, Mongolia, finally liberated from ROC dependency, became an independent international subject. This is noted as a significant diplomatic milestone in Mongolia's history. During the academic conference discussion, participants asked and received answers from the lecturers. When asked about the positions of Mongolia’s leadership during the Yalta Conference status quo discussions, Dr. D. Ulambayar mentioned that a high-level reception occurred on the night of the Yalta Agreement. Our Ambassador to the Soviet Union, Jamsran Sambuu, attended. However, no further details were provided on the stance of Mongolian leadership regarding the Yalta discussions. Finally, Ambassador Extraordinary and Plenipotentiary, Dr. H. Bekhbat concluded the conference by stating, "The topic 'Yalta Conference and Mongolia' remains a continuing subject for research. Given Mongolia’s independence history and international relations and geopolitical theory, concepts like buffer states need deeper exploration. There's a need to examine the historical aspects, link them with modern times, and project them into the future. There is talk about the pending changes in world order. Who or what is trying to change it? Senior diplomats suggest historians and researchers collaborate in exploring this in today's context."

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Infrastructure

Prime Minister L. Oyun-Erdene to Visit China to Sign Agreements on Railway Project

Published: 2025-02-11 | Translated from: isee.mn

Prime Minister L. Oyun-Erdene will visit China from the 13th to the 15th of this month. During his visit, an intergovernmental agreement will be established to initiate the construction of a railway connecting the Gashuunsukhait-Gantsmod border crossing, and the contract will be formalized. It is reported that the agreement will be signed in Harbin, China. In the past, issues related to this agreement have been discussed by the Parliament's Standing Committees on Security, Foreign Policy, and Economics, which have legally authorized the government to sign the agreement. Accordingly, the Development and Reform Commission Chairman from China will sign the protocol on behalf of China, while from our side, the Minister of Mineral Resources, T. Tsogtbaatar, and the Minister of Roads and Transport, D. Byambajav, will sign. Regarding this, the Minister of Mineral Resources, T. Tsogtbaatar, stated, "There are three agreements to be signed together between the state-owned companies of the two countries. These include contracts for the sale and purchase of coal, the construction of the railway border connection, and the expansion of mining capacity. After the intergovernmental agreement is signed and formalized, it will be submitted to the Parliament for ratification."

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What is attracting attention during the visit of Mongolia's Prime Minister L.Oyun-Erdene to China?

Published: 2025-02-11 | Translated from: ikon.mn

The article discusses various aspects of international relations and economic policies affecting global dynamics. It explores how nations interact with each other and the economic factors that influence these relationships. Key points include: - The role of trade agreements in fostering cooperation among countries. - The impact of geopolitical tensions on economic stability. - Strategies for managing international conflicts through diplomacy and negotiations. The article highlights the importance of understanding economic principles to navigate the complexities of global interactions effectively. By analyzing case studies and current events, it provides valuable insights into the interconnectedness of economies and political systems worldwide.

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Some Border Checkpoints to Operate 24 Hours

Published: 2025-02-11 | Translated from: isee.mn

A meeting of the National Committee for the Revival of Border Crossings was held. During the meeting, the following issues were discussed: the draft law on border crossings, projects to be implemented at border crossings through public-private partnerships, the issue of making some border crossings operate for 24 hours, a general plan to increase the capacity of border crossings, and timely directives were given to department heads to improve the progress of projects under the National Committee for the Revival of Border Crossings. Additionally, B. Tulga, the Minister of Mongolia and head of the National Committee for the Revival of Border Crossing, instructed to thoroughly prepare the research on resolutions to be discussed at the Cabinet meeting.

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Ch. Altannavch: 19 Support Pillars of 42 meters Height will be Erected for the Cable Transport Line

Published: 2025-02-11 | Translated from: ikon.mn

We spoke with Ch. Altannavch, a specialist in labor safety and hygiene at the unit implementing the integrated project to reduce traffic congestion in Ulaanbaatar, the capital of Mongolia. With 13 years of experience as a labor safety and hygiene specialist, she is responsible for the safety and hygiene of all projects within the implementation unit. — The first development project that went into operation under your unit was the Underground Passage project. What risks are associated with this project? — During construction and installation work, there are dangers such as people being trapped, falling from heights, or being hit by machinery. Failing to control these dangers can lead to death, loss of work capacity, or damage to property. Our duty is to ensure safety and prevent these risks. As our unit implements major mega projects for the capital, we prioritize labor safety. For example, during the construction of the railway underpass at Tavan Shar, we ensured safe construction processes along the route. Additionally, during the construction of the stormwater drainage channel, a sewage pipe was exposed. If excavation had continued for 1-2 months, there was a risk of that pipe collapsing or breaking. Therefore, we worked with contractors to monitor and control this danger, establishing safety zones and embankments to prevent erosion during the excavation phase. — How did you ensure public safety during the construction of the underground passage? — In the vicinity of the Tavan Shar underpass, there are kindergartens, schools, bus stops, and police stations. It is a location with a high volume of pedestrian traffic. Therefore, in addition to directing pedestrian flow, we placed strict barriers and signs around the construction site. — Were there any obstacles caused by citizens during the construction of the underpass? — Before starting any construction, it is crucial to inform the public about the project’s importance and risks. On the other hand, citizens should understand and respect the work of engineers and specialists. For example, during the implementation of the first underground passage project, some citizens, despite receiving accurate information, occasionally visited the site to critique and interfere with the ongoing work. Additionally, there were cases where cyclists, motorcyclists, and citizens with children tried to pass through restricted construction areas. Therefore, I want to emphasize the importance of considering your health and safety by choosing safe passages. Moreover, during the geotechnical drilling work for the "Metro" project, there were instances where pedestrians ignored signage and were at risk of injury, but fortunately, no accidents occurred. — What rules and regulations were followed during the geotechnical drilling for the Metro project? — We conducted geotechnical surveys at 42 points within the Metro project. The studies were carried out in public areas with heavy pedestrian traffic, and fences and warnings were placed around the sites. We ensured machine safety, managed noise levels, and controlled public movement, all verified through inspections. The work concluded without incidents or risks. — Construction of the cable transport project will soon begin. How will safety be ensured? — The operation phase is different from the construction phase. During construction, support pillars up to 42 meters high will be erected. The methods and techniques for establishing these supports are vital. The primary concern is the safety of those involved. Adhering to laws, rules, and regulations of Mongolia is crucial throughout the process. From start to finish, a safety engineer will remind, advise, teach, supervise, and provide continuous instructions. Labor safety requires collaboration and support from multiple parties. — Is cable transport a safe mode of transportation? — For both the construction and operational phases of cable transport, about 20 European Union standards have been translated and approved by the Mongolian Agency for Standardization and Metrology as MNS standards. These standards cover all requirements for the safe operation of cable transport intended for passenger use. The operational organization must adhere to these standards. In the event of uncontrollable factors causing a cabin to stop at height, the standards include plans for safely evacuating passengers. For example, in Europe, if a cabin stops at a 100-meter height, evacuation is carried out according to preplanned scenarios, considering the conditions. It specifies the environment, actions to take, and equipment to use. For the cable transport project, 19 support pillars between 7.5 to 42 meters high will be erected. During this time, risk assessments will be conducted to identify potential risks, and these will be addressed in collaboration with contractors. Moreover, after the cable transport becomes operational, technological tests and adjustments will be conducted over a three-month period before it operates at full capacity. During this time, no passengers will be transported. Tests will simulate cabin weight capacity using water or sandbags equivalent to the weight. For the Ulaanbaatar cable car project, each cabin accommodates 10 people. Winter tests will use sandbags, while summer tests will use water, with 850 kg of sand or water placed in the cabin for phased testing over three months. — How would you like citizens to engage with these development projects? — Your contribution to the city’s betterment is to support, understand, and respect engineering developments. When areas are restricted, avoid entering them, acknowledge closures, and plan alternate routes and schedules accordingly. Source: Unit implementing the integrated project to reduce traffic congestion in Ulaanbaatar. Notice: Media organizations (TV, radio, social and web pages) must cite our source (ikon.mn) when using our information in any form.

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Bus card reader not working: Citizens pay 1000 Tugrik every time they board a bus

Published: 2025-02-11 | Translated from: unuudur.mn

The fare for public transportation has been increased to 1000 Tugrik starting from the first of this month. Officials explained that the reason for this increase is that the bus fare has not been raised since 2014. However, they stated that for 1000 Tugrik, citizens would be able to travel on the bus four times in a day. Citizens are criticizing that this promise is not being fulfilled in reality. They mentioned that some bus stops lack card loading devices, and the bus card readers on many buses are not functioning. Passengers cannot transfer to another bus if they do not scan their card on the reader when disembarking. Because of this malfunction, citizens are frustrated as they have to pay each time they board the bus instead of being able to travel four times for 1000 Tugrik. The Public Transportation Policy Office is advising citizens to download the "UB card" application on their phones, or to purchase one, in correlation with the discontinuation of the time-based card service from the first of next month. With this application, citizens can scan a virtual card on the front machine when boarding the bus, which allows them to transfer up to three times. This way, there will be no need to scan their card again when disembarking. As a side note, since the first of this month, there have been 23 complaints from citizens about the bus alighting devices not working. Ulaanbaatar Smart Card LLC has stated that these issues have been resolved. If such incidents occur in the future, passengers are advised to report to the numbers 7004-4040 and 7015-1289.

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VIDEO: Surveillance Cameras Installed at 176 Intersections and Crossings in Ulaanbaatar City

Published: 2025-02-11 | Translated from: isee.mn

The police department is working to fully operationalize an AI-based surveillance camera system installed at 176 intersections and crossing points within the city of Ulaanbaatar. This initiative, funded by the city's budget, aims to prevent traffic accidents and offenses by 2025 and to ensure the safety of citizens participating in road traffic as well as the enforcement of laws and regulations. This AI-based camera surveillance system plays a significant role in detecting, documenting, and enforcing road traffic rules such as stopping line violations, incorrect lane usage, traffic signal violations, and crossing over continuous white lines. By detecting offenses with this AI-based surveillance camera system, it is possible to significantly reduce traffic accidents, prevent citizens from becoming victims of such accidents, smartly manage road traffic, and reduce traffic congestion and delays.

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Society

A "National Resilience Strategy" will be developed and implemented

Published: 2025-02-11 | Translated from: gogo.mn

The President of Mongolia and the Commander-in-Chief of the Armed Forces, Ukhnaa Khurelsukh, participated in the strategic gathering of the leadership of the defense forces. This gathering is organized under the theme "National Resilience Capacity and the Combat Readiness of the Armed Forces." In his address to the participants, President and Commander-in-Chief Ukhnaa Khurelsukh tasked them with completing the development of the "National Resilience Strategy," based on the national defense and disaster response system. This strategy aims to ensure the capacity and readiness to prevent potential threats, dangers, and disasters and to recover from them with minimal damage. The President also declared 2025 as the "Year of the Senior Officer," emphasizing the improvement of the officer training system, enhancing the prestige of military ranks and positions, and focusing on employing highly educated and experienced senior officers in the sectors of security, defense, and other social fields. Furthermore, President Ukhnaa Khurelsukh visited the Directorate of Construction and Engineering Troops and the Armed Forces Unit No. 065. The foundation of the construction troops was established in 1936 with the establishment of the Engineering and Construction Department alongside a construction battalion under the Ministry of Military Affairs. Their main responsibilities include constructing and renovating critical state facilities, military units, and engineering structures, participating in the nation's development, war, and post-disaster reconstruction, providing humanitarian aid, supporting peacekeeping operations, conducting research and innovation experiments, and conserving and restoring the environment. Colonel Kh. Batsaikhan, Head of the Directorate, presented potential participation in projects and programs such as the construction of railroads, roads, gas pipelines, industrial parks, hydroelectric power plants, urban water supply, housing, eco-green towns, forest cleaning, afforestation, and rehabilitation. The Armed Forces Unit No. 065 was established in 1964 under the name "People's Army Radar Technology Special Battalion." The unit is responsible for providing weather information and notifications for the Command Headquarters, the Air Force Command, the Central Command Post, and other units, along with monitoring and safeguarding the air border and airspace.

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Survey: Do you support restricting road traffic participation by even and odd vehicle registration numbers?

Published: 2025-02-11 | Translated from: ikon.mn

The Traffic Police Department announced that as the Lunar New Year approaches, traffic leading to markets and shopping centers is becoming more congested. Officials have proposed a restriction that limits road traffic participation based on even and odd vehicle registration numbers from February 15 to March 1, 2025. Decisions will be based on public opinion, and feedback is being collected from today until Friday. Please participate in the survey. Warning: Media outlets (Television, Radio, Social, and Websites) must mention the source (ikon.mn) when using any part of our information.

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Local Plates Vehicles Fee Exemption for Legitimate Reasons Begins Saturday

Published: 2025-02-11 | Translated from: ikon.mn

The regulation that exempts vehicles with local number plates from fees for extended stays goes into effect on Saturday. According to the regulation in effect, a resident with a vehicle bearing local number plates must pay 5,000 tögrög per day if they stay in the capital city for more than 48 hours. However, if they exit the capital within 48 hours of entry, no fee is charged. Beginning February 15, this Saturday, a decision will take effect that exempts those who come to Ulaanbaatar for legitimate reasons and stay for more than 48 hours from this fee. Exemptions apply for those receiving treatment at a medical facility within the capital due to health reasons, participating in funeral rites within the capital for no more than 14 calendar days, or when a vehicle is incapable of moving due to damage, or if mobilized by a decision from an authorized body during a state of emergency. In these cases, the 5,000 tögrög fee is not applicable. It is essential to provide evidence to substantiate these reasons. Warning: Media outlets (TV, Radio, Social, and Web pages) must cite their source (ikon.mn) when using our information in any form, in full or part.

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Published: 2025-02-11 | Translated from: gogo.mn

Are the activities that enterprises and organizations are implementing under the banner of social responsibility having a real impact on society, particularly in preventing crimes and violations? This question is being assessed by professional marketers, who are organizing the "SOCIAL IMPACT 2025" event for the second year to present campaigns and activities that have made the greatest impact. Through this event, businesses are encouraged to promote their products and services while focusing on preventing risks, crimes, and violations, and increasing citizens' understanding of law and rights. The goal is to engage in activities aimed at the social and personal well-being, share experiences, and collaborate. Under the theme "Preventing Crimes Committed Using Technology," the "SOCIAL IMPACT 2025" event presents the most effectively implemented social campaigns and sparks discussions among organizations. The following organizations and businesses are participating in the form of exhibitions and presentations, showcasing their social impact campaigns: 1. Monos Foods - Eco Water Bottling (Reducing Plastic Waste's Impact on Society) 2. Viral Marketing Agency - Our Water, Our Future 3. Next Electronics - Light the Warmth 4. Ministry of Health - Don't Betray Your Future 5. Nomadia Pictures - Case File (TV Series) 6. General Police Department - Culture Starts with You 7. Digital Edu Management (e-school) - Enlightening the World of Knowledge 8. Abico Mongolia - Pegion- For Every Little Heart 9. Elf - Life Tree- Implementing Comprehensive Educational Solutions 10. Durvun Ulzii LLC - Save the Pig 11. Small Globe Non-Bank Financial Institution - Add Color 12. Apu Dairy - White Revolution Source: Office of the Crime Prevention Council

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Environment

The Number of Areas at Risk of Zud is Increasing

Published: 2025-02-11 | Translated from: gogo.mn

According to the meteorological organization, more than 30% of the country is at very high or high risk of zud, while over 40% is at moderate risk, about 10% is at low risk, and around 10% is risk-free. By province, most of Bayan-Ulgii, Uvs, Khovd, Zavkhan, Govi-Altai, and some districts of Bayankhongor, Selenge, Khuvsgul, Arkhangai, and Uvurkhangai are at very high or high risk. Compared to the zud risk assessment made at the end of the previous year, the size of risk-free areas has decreased, while the areas with low and moderate risk have increased. Source: Institute of Hydro Meteorology and Environmental Research

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47% of Tourists Visit for Eco and Adventure Travel

Published: 2025-02-11 | Translated from: unuudur.mn

To promote tourism, the "Visit Mongolia Year" initiative, now in its second year, kicked off with the opening of the "Tourism Week" event. Over 600 representatives from more than 400 enterprises are participating in this year's event themed "Regional Development and Tourism," according to the Tourism Professional Association. It has been projected that by 2030, the number of international tourists will exceed two billion, with the growth of tourism's share in the global GDP averaging twice as much as the general economic growth. Specifically, eco-tourism revenue is expected to reach 945 billion USD by 2034, with a 14% increase, while adventure tourism is projected to reach 1.7 trillion USD by around 2032, growing by 10%. Revenue from wellness tourism, which promotes a healthy lifestyle, surpassed one trillion USD for the first time in history last year and is expected to grow at 13% annually. Of the tourists visiting our country, 47% came to Mongolia for eco and adventure tourism, a trend that is rapidly growing globally, attendees observed at the National Tourism Assembly. Therefore, it was emphasized that reforms based on the trends in international tourism development and tourists’ needs and desires are necessary to develop our products and services. Mongolia has set a target to welcome two million tourists by 2030. The aim is also to double the expenditure by tourists in Mongolia (currently averaging 2000 USD per tourist) and increase revenue from the sector to eight billion USD. To achieve these goals, sector experts highlighted the need to support regional development, implement unified policies and plans, improve infrastructure and innovation, and direct investments appropriately.

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67% of Enterprises Using Steam Boilers Do Not Pay Air Pollution Fees

Published: 2025-02-11 | Translated from: unuudur.mn

The officers of the Environmental Sector Monitoring Department of the Ministry of Environment and Climate Change, in cooperation with the Environmental and Air Pollution Control Offices of the capital city, have inspected the activities of 139 enterprises using steam and water heating boilers with a capacity of over 100 kW. Their investigation revealed 496 violations in total. It turns out that 67% of enterprises using steam boilers do not pay fees for air pollution and lack equipment to measure environmental pollution. Furthermore, 37% have no environmental impact assessment, 70% have no environmental management plans, and 61% do not conduct environmental monitoring, as determined by the inspection. Currently, 50 enterprises are undergoing violation resolution procedures for breaching the Environmental Impact Assessment Law, the Water Law, the Waste Law, and the Air Law. An official directive has been issued by the Chief State Inspector of the Sectoral Monitoring Department of the Ministry to address the deficiencies detected in the operations of state organizations such as the military unit under the General Staff of the Armed Forces, the prison unit under the Judicial Enforcement Agency, and the National Center for Mental Health.

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B.Adyaa-Ochir: There is air pollution in areas like the First Microdistrict, Tolgoit, Amgalan, Tavan Buudal, and Zuragt

Published: 2025-02-11 | Translated from: ikon.mn

The photos were used with special permission from the MPA agency. Yesterday, in the capital city, sulfur dioxide levels exceeded air quality standards in areas such as Baruun Durvun Zam, the First Microdistrict, Bukhiiin Urgoo 100 Ail, Zaisan, Shargaad, Khailaast, Tavan Buudal, Nalaikh, Yaarmag, Tolgoit, and Bayankhoshuu. Additionally, nitrogen dioxide concentrations were high at Baruun Durvun Zam, the First Microdistrict, Tavan Buudal, Shargaad, Yaarmag, Nisekh, Zuragt, and Tolgoit. As for PM10 particles, they exceeded standards at 100 Ail, Tavan Buudal, Dambadarjaa, and Khailaast. PM2.5 particles exceeded standards at 100 Ail, Khailaast, Tavan Buudal, Zuragt, Bayankhoshuu, and Dambadarjaa. "As of today, the First Microdistrict, Zuragt, Amgalan, and Tavan Buudal are experiencing low pollution levels, whereas pollution is at a red level around Tolgoit," reported a specialist responsible for air quality monitoring at the Ulaanbaatar City Agency for Combatting Air and Environmental Pollution. Health organizations have advised people to make a habit of wearing masks during periods of air pollution. Warning: Media outlets (television, radio, social networks, and websites) must cite the source (ikon.mn) when using our information in whole or in part.

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Innovation

A Memorandum of Understanding Signed to Collaborate with Japan's "Kumon" Education Institute

Published: 2025-02-11 | Translated from: montsame.mn

Ulaanbaatar - Education Minister P. Naranbayar met with representatives from Japan's "Kumon" Education Institute. At the start of the meeting, Kentaro Miyoshi, Deputy Director of Strategy Planning and Promotion Department of the Institute, introduced the "Kumon" educational program. "Kumon" operates in 63 countries worldwide and offers individualized instruction tailored to each child's level, progressing step by step and evaluating according to their advancements. The method named after mathematics teacher Kumon incorporates his teaching methodology extensively in the program. Education Minister P. Naranbayar expressed his gratitude for their visit following his official visit to Japan last November, during which he invited representatives of the institute to Mongolia to introduce the "Kumon" program to private schools in Mongolia. During the meeting, the Ministry of Education of Mongolia and the "Kumon" Educational Institute of Japan signed a memorandum of understanding to implement a pilot project to introduce the "Kumon" teaching methodology in Mongolia. From the Mongolian side, the Director of the General Education Department of the Ministry of Education, M. Tsogzolmaa, and from the Japanese side, Kentaro Miyoshi, Deputy Director of the Strategy Planning and Promotion Department of the "Kumon" Educational Institute, signed the memorandum, the Ministry of Education reported. Follow @montsame.mn

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Establishment of an International Drone Testing and Training Center Utilizing Vast Lands and Airspace

Published: 2025-02-11 | Translated from: ikon.mn

The Minister of Digital Development, Innovation, and Communications, Ts. Baatarkhuu, provided information about establishing an international zone for drone flight testing and a training center for operators in Mongolia. Due to Mongolia's vast lands and airspace, a zone for testing unmanned aerial vehicle technology is being set up, with plans to attract investment. The location has been selected in Darkhan-Uul province, and technical and economic assessments are being conducted. It is further planned to establish these testing zones in Bayanzurkh and Nalaikh districts. The idea is to invite countries worldwide involved in drone manufacturing to come to Mongolia to test their drone productions, collaborate, and explore possibilities for technology localization. Additionally, the official training standards for professional drone pilots, or operators, are nearing completion. This development is seen as a way to significantly improve organizational productivity by introducing drone services across all sectors, such as agriculture and delivery services, according to the minister. Warning: Media outlets (television, radio, social media, and websites) must cite their source (ikon.mn) when using our information in any form, whether fully or partially.

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C. Baatarkhuu: We Have Begun Designing a Green Data Center

Published: 2025-02-11 | Translated from: unuudur.mn

Minister of Digital Development, Innovation and Communications, C. Baatarkhuu, provided information to journalists regarding Mongolia's national strategy on data, artificial intelligence, legal acts, and data governance. He stated, "Around 60 countries worldwide have legal regulations on artificial intelligence. There is a discussion at every level about applying artificial intelligence in every sector. Our country is facing the need to regulate this legally. There's a growing requirement to define policies on how to support private enterprises and startups. Therefore, on the 13th of this month, we will involve all researchers from this sector in formulating our strategy and hold meetings and discussions. After that, the government will approve the national strategy on artificial intelligence. We will also approve a strategy for using and commercializing data. Within this framework, we have planned to carry out 10 activities. For example, by 2025, we will deploy a 5G mobile network nationwide. It is necessary to establish the fundamental infrastructure. 127 countries have introduced advanced mobile technologies. Although our country intended to introduce it in 2023, it has been postponed, and this year, we officially announced the selection process. The introduction of the 5G network will enable residents in rural areas to access health and education services without delay. Currently, internet services cover 23% of our country's total area. Increasing this tenfold would allow children to access all educational platforms from their local schools. 70-80% of artificial intelligence involves data classification. By classifying data, it can be economically utilized. Additionally, we will establish a green data center meeting international standards. The design project has been initiated. Without further data centers, the work for digital transition risks stalling. Establishing a green data center will enable data center exports in the Central Asian region."

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Health

The Situation of Nutrition in Mongolia Remains Unchanged Since Five Years Ago

Published: 2025-02-11 | Translated from: ikon.mn

Using a special license from the MPA Agency, the overall conclusions of the sixth national survey on the "Nutritional Status of the Population of Mongolia" are presented. Although there has been progress in Mongolia’s nutritional objectives, the quality of diets and the variety of food products consumed daily remain inadequate. The previous survey five years ago concluded that the population of Mongolia was experiencing nutritional hunger, and this situation remains unchanged today. The three-level pressure of nutrition simultaneously affects the quality of life negatively, increases healthcare costs, and poses a long-term challenge for national development. The deficiency of micronutrients remains common among children and women and is showing an increasing trend among children and adolescents. The prevalence of growth stunting among children under five years of age has increased from the levels in 2017, and acute malnutrition has increased in some regions. Improving the situation of diets and nutrition, especially in reducing micronutrient deficiencies, requires coordinated policies and collaboration across various sectors such as health, agriculture, food production, trade, social protection, labor conditions, education, and infrastructure. International support has decreased, and government funding is inadequate, and the policy regulation is unclear, which affects the stable and sufficient supply of micronutrients, as noted. Warning: Media organizations (TV, Radio, Social, and Web pages) must mention the source (ikon.mn) when using our information in full or partially in any form.

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The First Laparoscopic Liver Resection from a Donor Successfully Performed

Published: 2025-02-11 | Translated from: isee.mn

Since 2018, the National Cancer Center has been localizing liver transplants using live donors for patients with liver cancer. As of this year, 180 liver transplants have been performed. Ensuring the donor's safety and maintaining quality of life post-surgery is critically important in organ transplants from live donors. From 2024, the hospital's organ transplant team is prepared to adopt the technology for laparoscopic resection of the donor's right liver during liver transplants. Today, they successfully performed the first surgery. By using the minimally invasive laparoscopic method to resect the donating liver, the donor has the opportunity to recover quickly from the surgery, with reduced scarring and cosmetic damage. The first surgery at the center was led and advised by Professor Kwang Woong Lee, the President of the Liver Transplantation Society of South Korea, a consultant doctor at Seoul National University Hospital, and a consultant surgeon for liver transplantation at Johns Hopkins University Hospital, along with his team, including Professor Kim Jae Yoon and surgical nurse Shin Eun Hye from Seoul National University Hospital. To fully localize this procedure in the future, the NCC signed a memorandum of cooperation with Seoul National University Hospital of South Korea. Professor Kwang Woong Lee's team has been performing laparoscopic right liver resections from live donors since 2015, and they are one of the few globally recognized surgical teams performing liver transplant surgeries using robotic and laparoscopic methods. We wish success to the director N. Erdenekhuu and the management team of the NCC, Seoul National University Hospital (SNUH), who are cooperating for the health and full life of the Mongolian people, as well as to MP, clinical advisor, and surgeon Dr. J. Chinburen, and the team he has prepared, led by G. Unenbat, Head of Liver-Pancreatobiliary Surgery and Organ Transplantation Center at NCC, who are dedicating their knowledge, skills, and hearts to fully localize liver cancer surgery in their home country.

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VIDEO: The Ministry of Health Begins Selling 18 Types of Medicines at Lower Prices

Published: 2025-02-11 | Translated from: isee.mn

In recent years, there has been considerable criticism among the citizens of Mongolia regarding the quality, standards, and high costs of medicines and medical devices sold in the country. In response, even a "Medicine Hearing" was organized by the Mongolian parliament last spring. Following the 42nd resolution of the Mongolian Government for 2024, the Ministry of Health has begun distributing 18 types of medicines from four factories under the "Single Source" initiative to sell to the public. To improve the quality and safety of medicines and reduce the financial burden on citizens for medical expenses, the Ministry of Health, in collaboration with private companies, has initiated a project to import certain medicines that meet international quality standards and are used in the diagnosis and treatment of common diseases by negotiating prices with foreign manufacturers. Currently, 18 types of medicines, including those for high blood pressure, diabetes, and fungal infections, have been imported from four South Korean companies: "Dongkoo Bio & Pharm", "Hanlim Pharm", "Hanmi Pharm", and "Chong Kun Dang Pharm", and are being sold at reduced prices. - THE STORAGE AND DISTRIBUTION OF THESE 18 TYPES OF MEDICINES IMPORTED FROM SOUTH KOREA IS BEING HANDLED BY "AZI PHARM" LLC - "Azi Pharm" LLC is responsible for the storage and distribution of these medicines as it won the tender announced by the Ministry of Health and has entered into a contract, said a senior specialist at the Department of Drug and Medical Device Control and Regulation. She emphasized that, according to Article 36.1.2 of the Law on Procurement of Goods, Works, and Services with State and Local Government Property, the purchase of medicines under the "Single Source" initiative complies with Article 47.5 of the revised Law on Medicines and Medical Devices. "According to the open tender announced on the website tender.gov.mn for the logistics of the storage and distribution of medicines from the four South Korean manufacturers, 'Azi Pharm' LLC was selected and contracted. The company has been delivering medicines through pharmacies contracted with the Health Insurance Fund since December 13 of last year," she clarified. She also mentioned that by purchasing medicines, medical devices, biological products, and vaccines from a single source that meet international quality standards, it is possible to improve the quality and safety of medicines, ensure the continuity of healthcare services, reduce the financial burden on citizens for healthcare services, and increase accessibility. Currently, information about the "Single Source" medicines is scarce among the public, but those who are informed can already acquire these medicines at reduced prices through their community health centers. Officials have stated that they plan to increase the variety of "Single Source" medicines. In particular, they plan to improve the quality of cancer treatment medicines, increase the variety, and focus on importing highly costly medicines that are not sold in the market and require special storage and distribution conditions.

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Sports

FIFA Conducts Audit on Mongolian Football Federation

Published: 2025-02-11 | Translated from: news.mn

Recently, financial issues surrounding the Mongolian Football Federation (MFF) have drawn public attention. Consequently, football enthusiasts, stakeholders, and clubs have successively sent demands, expressed their protests, and called for an extraordinary assembly. Although a task force has been set up to address the issues, there have been no results so far. Meanwhile, the Mongolian Football Federation announced that FIFA, the International Football Association, is conducting an audit of the federation. According to the MFF's statement, "Due to the online audit being conducted by FIFA on the MFF's financial operations, no financial transactions are being made. The online audit began on the 10th of this month and will last 7-8 business days." The official letter from FIFA stated, "FIFA has appointed BDO audit firm (the same as from the previous year) to conduct the upcoming Central Audit, scheduled to begin on February 10, 2025, and run for 7-8 business days. This process will be conducted based on mutual understanding, and you will have the opportunity to provide necessary explanations," the statement emphasized. Additionally, the MFF Board's extraordinary meeting will be held on Monday, the 24th of this month. The meeting will appoint the acting president of the federation. Furthermore, the date of the regular General Assembly of the federation will be announced, and the presidential election will be organized.

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Today's Stories

Politics

Economy

Diplomacy

Infrastructure

Society

Environment

Innovation

Health

Sports

Politics

Introduction of Mongolia's Corruption Perceptions Index

D.Tegshbayar: Mongolia ranks 114th in the Corruption Index, moving up seven places, but remains in the gray zone in the Democracy Index

News Guide: Government Resignation Protest Scheduled

EVENTS: Transparency International to Announce Mongolia's Corruption Index

D. Tegshbayar: Mongolia's Demotion in the Democracy Index is Due to a Lack of Human Rights Promotion

Mongolia Ranked 114th Out of 180 in Corruption Index, Again Categorized Among Non-Democratic Countries

Two Regulations Exceeding the Licensing Law Have Been Annulled

"Government Resign" Rally to be Held at the Central Square Today

MP Ö.Shijir expresses support for proposing dismissal of Prime Minister

IAAC: Investigated 900 criminal cases and transferred 10 cases to court

Economy

If a trade war arises, export revenues will fall

Mongolia to Issue First Dollar Bonds Since Credit Rating Upgrade

Eastasia Forum: The Hidden Consequences of Growth in Mongolia's Mining Sector

Gold Price Reaches All-Time High of $2,955 per Ounce

Currency Orders from Banks are Being Processed Normally

Coal prices fell but exports continue normally

IBAN Account Numbers Now Used for Interbank Transactions

MSE: QPay to Distribute ₮3.7 Billion in Dividends for the Second Half of 2024

Golomt Bank Wins 'Frontier Markets Deal' at IFR Asia Awards 2024

Let's Keep the Economy's Circulation Within the Country

Bank of Mongolia: No Foreign Exchange Restrictions Imposed by Banks

Diplomacy

Mongolia Can Share its Experience as One of the Leading Countries in Female Peacekeepers Worldwide

Minister O.Altangerel Visits Russia and Signs Program and Protocol for Cooperation Until 2028

KHÖVSGÖL: Khövsgöl Province to Expand Cooperation with Irkutsk City

Historical Document: "If Not for American Influence, ROC Wouldn't Have Recognized Mongolia's Independence"

Infrastructure

Prime Minister L. Oyun-Erdene to Visit China to Sign Agreements on Railway Project

What is attracting attention during the visit of Mongolia's Prime Minister L.Oyun-Erdene to China?

Some Border Checkpoints to Operate 24 Hours

Ch. Altannavch: 19 Support Pillars of 42 meters Height will be Erected for the Cable Transport Line

Bus card reader not working: Citizens pay 1000 Tugrik every time they board a bus

VIDEO: Surveillance Cameras Installed at 176 Intersections and Crossings in Ulaanbaatar City

Society

A "National Resilience Strategy" will be developed and implemented

Survey: Do you support restricting road traffic participation by even and odd vehicle registration numbers?

Local Plates Vehicles Fee Exemption for Legitimate Reasons Begins Saturday

Presenting the Effectively Implemented Social Impact Campaigns at the "Social Impact 2025" Event

Environment

The Number of Areas at Risk of Zud is Increasing

47% of Tourists Visit for Eco and Adventure Travel

67% of Enterprises Using Steam Boilers Do Not Pay Air Pollution Fees

B.Adyaa-Ochir: There is air pollution in areas like the First Microdistrict, Tolgoit, Amgalan, Tavan Buudal, and Zuragt

Innovation

A Memorandum of Understanding Signed to Collaborate with Japan's "Kumon" Education Institute

Establishment of an International Drone Testing and Training Center Utilizing Vast Lands and Airspace

C. Baatarkhuu: We Have Begun Designing a Green Data Center

Health

The Situation of Nutrition in Mongolia Remains Unchanged Since Five Years Ago

The First Laparoscopic Liver Resection from a Donor Successfully Performed

VIDEO: The Ministry of Health Begins Selling 18 Types of Medicines at Lower Prices

Sports

FIFA Conducts Audit on Mongolian Football Federation

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