Feb 21, 2025 83 min read Daily News Summaries

Mongolia News Summary for February 21, 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

J. Batzandan: If Strategic and Endowment Deposits Were Illegally Acquired, We Will Not Negotiate and Will Revoke Licenses

Published: 2025-02-20 | Translated from: itoim.mn

Government’s Plenipotentiary Representative J. Batzandan gave a press briefing. Under the National Wealth Fund Law, J. Batzandan was appointed by the government as the Plenipotentiary Representative to negotiate with entities holding strategic and endowment deposits. He stated that if strategic and endowment deposits were illegally acquired, no negotiations would be held, and Mongolia's wealth would have been stolen and enriched by others. This must be stopped. He said, “On February 5th, the government appointed me as a Plenipotentiary Representative to fight against the corruption entrenched in the mining sector, especially in strategic deposits. Mongolia has established a National Wealth Fund. If I take on work, I do it to the fullest extent. Mongolia has a total of 55 strategic deposits. In 2007, with Parliament's Resolution 27, a list of strategic deposits was approved. The decision was made to register 16 deposits as strategic, with 38 more to be added as strategic deposits by Parliament. However, today strategic deposits are being stolen and consumed. The most valuable among the 16 deposits are disappearing. Resources in 'Tsairem Mineral', 'Boroo Gold', and 'Oyu Tolgoi' are depleting. It doesn't make sense to have a Plenipotentiary Representative if they can’t openly declare this 34-year-long swindle of Mongolia’s people with the mining industry. The Plenipotentiary Representative is appointed only in exceptional situations. Such a situation has arisen now. Out of the 9 strategic deposits, 3 have been transferred to private companies during 2005-2007 by D. Jargalsaikhan. This person, while working at the Minerals Authority from 1997-2004, used his position to distribute strategic deposits that were explored with state funds. This individual owns shares in 'Tsairem Mineral', located in Sukhbaatar province. He also assigned the Khazgan Buregtai deposit to a private company. He acts as a shadow owner of three strategic deposits. We only have two choices: either negotiate with thieves or reclaim the stolen deposits. I will propose clear plans to the government and parliament. If Mongolia’s state negotiates with thieves, it means supporting theft. If negotiating with corrupt factions, it means betraying the nation. I’m going to present these matters to the National Security Council soon. The council, government, and the Minister of Justice must determine which deposits are legitimate and which were acquired through theft. Only then will the Plenipotentiary Representative decide whether or not to enter negotiations. Today, the media criticizes the appointment of J. Batzandan as the Plenipotentiary Representative. Perhaps you expected someone willing to negotiate and make deals with you. That’s not happening. For the last 30 years, the mining industry has been plagued by irresponsibility, corruption, and theft. Soon, we will obtain assessments from tax, customs, and all ministries. The Khoshoot mine in Khovd province is one of the major strategic deposits. However, several families had divided it into 10 parts and registered the resources, constituting mining fraud. We will submit the Khoshoot mine to parliament for inclusion as a strategic deposit. There is a minister and three parliament members behind each deposit. This disorder will be stopped. Next to the Erdenet factory, three companies utilize endowment deposits. Manager P. Tsagaan holds one of these deposits. I invite P. Tsagaan to come and negotiate as soon as possible. If it was acquired illegally, the license will be transferred directly to another party without negotiation. The second company is ‘Zes Erdene’, a private company. 27% of it is owned by citizens, with two parliament members behind it. Their brother is appointed CEO. If acquired illegally, negotiations will not proceed. The third company is ‘Ermin’, owned by children of a friend of our former president. These three deposits are held by officials who used their power to exploit the Erdenet mine’s pile-ups. Being the government’s plenipotentiary representative is no easy job. I’m taking on work tackling those who used their positions and power to expropriate Mongolian people's wealth. If I take on government work, I see it through to the end. I will soon negotiate with these three deposits. If acquired illegally, licenses will be nullified. Seven companies have made two trillion in revenue from the Narainsukhait coal deposit. We have endured humiliation for 30 years. ‘Don’t insult us further’. The Narainsukhait deposit was given to B. Nyamtaishir by Mining Minister Jigsjid in 1995. Distributed by ministerial decree. B. Nyamtaishir mortgaged this deposit in 2005 to a foreign bank and obtained a $500 million loan. That’s how this mine started. Our wealth was mortgaged to a bank to operationalize Narainsukhait. Deposits explored with state budget were taken and mortgaged to operationalize the mines. We’re collecting all documents from relevant organizations. To curtail family monopolies over strategic deposits, Mongolia enacted a law prohibiting any single entity or allied entities from owning over 34% of a strategic deposit. Yet M.A.K.’s deposits predominantly remain with the Nomtoibayars, the Tsulmuuns. Strategic deposits aren’t inherited. Mongolians weren’t born to enrich the Nomtoibayars, the Tsulmuuns. Therefore, we demand that M.A.K. implement the law. The Tavan Tolgoi deposit has an 8 billion coal reserve. Since the 1950s, explorations were made to determine this reserve. Yet one family holds Tavan Tolgoi’s massive Uhaa Khudag and Baruun Naran deposits. Licenses were acquired during D. Jargalsaikhan’s tenure, between 1997-2005. Uhaa Khudag is projected to earn 130 trillion MNT over 30 years. The owner J. Odjargal should solve the ownership issue. Strategic deposits aren’t for familial ownership. J. Odjargal, you’re not the only person in Mongolia. If violating Mongolia’s law, this company’s license should be nullified and given to other companies. Many can extract coal and sell it to China. Let’s resolve these 34 years of chaos lawfully. As a Plenipotentiary Representative, that is my proposal. All 38 large strategic deposits have been subdivided and utilized. For 18 years, used without including them as strategic deposits. All were divided among private entities. Today we are submitting D. Jargalsaikhan to the Anti-Corruption Agency for investigation. He gave the Khazgan Buregtei deposit to Sakhal Erdenebilegt. Also gave Boroo Gold. He also gave Tsairem Mineral. Strategic deposits surveyed with state budget were not economically private. An Oyu Tolgoi survey was done with private funds. Law states 50% of deposits surveyed with state budget should be under state control.

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Supreme Court to Deliver Verdict to Individuals Involved in the Development Bank Case Tomorrow

Published: 2025-02-20 | Translated from: isee.mn

In December of last year, the Supreme Court's criminal review panel convened to examine a case involving 80 individuals and 4 legal entities under the Development Bank case label, consisting of 540 files. The court reviewed complaints submitted by the prosecutor as well as 41 defendants and their attorneys. As a result, the decision to acquit some individuals including Member of Parliament N. Altankhuyag was annulled, and it was deemed appropriate to reconsider their guilt. Moreover, the sentence imposed on Member of Parliament D. Tsogtbaatar was upheld. The participants involved in this Development Bank case are scheduled to receive the verdict from the Supreme Court's review hearing on February 21, 2025.

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J.Batzandan: The NSC and the Minister of Justice Should Provide Their Conclusions on Strategic Deposits to Me Before I Decide on Negotiations

Published: 2025-02-20 | Translated from: ikon.mn

J. Batzandan, the Plenipotentiary Representative of the Government, held a press conference. He stated, "I was appointed by the Government of Mongolia as a plenipotentiary to combat the theft, corruption, and scandal plaguing the strategic deposits. It is to expose the infamy and to have the revenue enter the Wealth Fund. I am the type of person who completes a task once it is undertaken. There are a total of 55 strategic deposits. Yet today, these strategic deposits are being stolen, consumed, and exhausted. This includes the Tsairt Mineral in Sukhbaatar, the Boroo Gold, and Oyu Tolgoi. If I do not publicly disclose the mining theft that has deceived the Mongolian people for 34 years, there is no need for a government plenipotentiary. The plenipotentiary is a position appointed in extraordinary circumstances. We are facing extraordinary circumstances now. Nine strategic deposits were transferred to private companies between 1997 and 2005. I will reveal this now. One of the individuals involved was Jargalsaikhan, who was the chairman of the Mineral Resources Authority from 1997 to 2004. This individual transferred state-explored strategic deposits to private companies using state budget resources. He himself now owns shares in the Tsairt Mineral. Others are merely his puppets. Halzan Burgatai is considered a strategic deposit, yet this person awarded it to a private company. The Boroo Gold and Ukhaa Khudag deposits were also transferred to private companies by this individual. He is playing the role of a hidden owner in three strategic deposits. There are only two options: to negotiate with the thieves or to retrieve the stolen deposits. I will propose precise suggestions to the Government and the State Great Khural. If the Mongolian government enters negotiations with thieves, it implies supporting theft. I will present all these issues to the President, the Prime Minister, and the National Security Council (NSC). The NSC, the government, and the Minister of Justice must provide their conclusions as to which strategic deposit was transferred legally and which was transferred through theft and deceit. Only then will I decide whether to negotiate with these individuals. There is a lot of bad press about my appointment as a plenipotentiary. If there were another person instead of J. Batzandan, you would have been pleased. I would like to say to those involved in the theft at the Khushuut mining site that we will soon register your mine as a strategic deposit. The person who organized that theft has passed away; he was a former minister. Behind every strategic deposit are a minister and three members of parliament. We will put an end to this abuse. Yesterday, during the government's meeting, the Prime Minister provided clear guidance to his ministers. He stated that if the resource theft is not stopped and the profits are not given to the people, a revolution will erupt. Besides the Erdenet mine, there are three deposits utilized as tailings. One is owned by chairman P. Tsagaan and former President Elbegdorj. Chairman P. Tsagaan has now left the country. As the government plenipotentiary, I invite chairman P. Tsagaan to return to Mongolia for negotiations. He has also expressed his readiness for talks. If it is determined that P. Tsagaan acquired that tailings deposit through theft, negotiations will not occur. The license will be revoked and given to another company. The second is "Zes Erdeniin Khuv" Company, a relatively healthy entity with 27% owned by the public. However, there are two members of parliament behind this company. A sibling is placed as its director. There is no need to negotiate with those two members. If you are holding a strategic deposit, instruct your sibling to quickly negotiate. The third is "Ermin" Company. It is managed by the children of someone who was a director in 1997. It is owned by the children of one of our former president's friends. These three deposits are factories owned by several officials exploiting strategic deposits by abusing their office. The government's plenipotentiary has a challenging task. The people who have stolen the wealth of the Mongolian people by exploiting their power are orchestrating a campaign of negative press against Batzandan. I am not afraid of them. Negotiations concerning these three deposits will begin soon.

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The Development Bank Case Judgment will be Delivered

Published: 2025-02-20 | Translated from: news.mn

The judgment of the supervisory hearing regarding the Development Bank case will be delivered soon. The Supreme Court introduced a decision based on a case involving 80 individuals and four legal entities connected to 540 volumes of documents. This case was deliberated following the prosecutor's objection and complaints made by 41 defendants and their lawyers. When discussing the case, the judge emphasized that the decision will be structured into five independent levels, considering the defendants’ previous occupations, positions, actions, and involvement. Firstly: The case involving former Prime Minister N. Altankhuyag and former Minister for Economic Development N. Batbayar focuses on three issues related to "Goviin Zam" LLC, "Beren" LLC, and "Mon Road" LLC. The primary and appellate courts dismissed these cases, citing that they do not correspond to the facts; important aspects were overlooked. Although the appellate court's conclusion on N. Batbayar's case regarding "Mon Road" LLC was sound, it incorrectly calculated the statute of limitations without a decision from the primary court. This was evaluated as a serious violation of procedural law. Based on these arguments, the prosecutor's objection was justified, and the acquittal for N. Altankhuyag, N. Batbayar, B. Shinebaatar, and N. Munkhbat was nullified for reconsideration. Secondly: The case involving the board chairman and members was dismissed without considering significant conditions, leading to an acquittal that did not align with the reality of the case. The primary court failed to conclude based on the facts of each board member’s actions and involvement. According to laws concerning the Development Bank, decisions to finance projects were made at the board and credit management committee levels. Such decisions carried legal consequences, but no legal conclusion was made on these documents. Therefore, the cases involving the board members were decided to be reconsidered, and the appellate court's verdict was deemed legally sound. A particular case involving a $22 million loan concerning the board chairman and members related to "Beren" LLC in 2014 was acquitted at lower courts without substantial legal conclusion; implementing the government's decision was not a valid basis for acquittal. Thirdly: The case involving the head and members of the Credit Management Committee. The primary court's ruling was considered sound, hence the conviction and penalization remain unchanged. This section involves numerous companies affiliated with loans: "Selenge Hereford" LLC, "Pyramid Ord" LLC, "Mon Dula" heat LLC, "Bolor Shur" LLC, "Baruun Bayantans" LLC, "Gan Khuder Ord" LLC, "Mongolia Meat Impex" LLC, and others. Fourthly: The case involving Development Bank employees. The primary court acquitted employees Bilguun, Uyanga, Oyunchimeg, Chinzoorigo, Purevsuren, Munkhtulga, Tsoojjuren, Batzoorigo, Khuchitbaatar, Amgalan, Gantogtoh, and Tsolmon. The charge against expert Azzaya for bribery was altered as he wasn't a public officer, ruling the statute limitation expired, thus dismissed. However, the appellate court acquitted Oyunchimeg, Chinzoorig, and others while upholding Azzaya's dismissal. Charges against Bilguun, Purevsuren, Batzoorigo, Batbaatar, and Munkhtulga were set for reconsideration. Fifthly: The borrowers and their executives, as well as others implicated, were included. The introductory ruling on "Modun," "Komplant," "New Yarmag," and "Vertex Mining" LLC's loans, suggesting dismissal of officials, follows legal standards, correctly applying law without infringements. "Vertex Mining" LLC's rulings, whether at lower or appeal levels, remain unchanged, maintaining primary legal proceedings. Borrowers have fully paid the loan interest. Other corporate cases, such as "Selenge Hereford" LLC involving Batdorya and others, were deemed lawful by the initial court, indicating a lack of judicial fairness concerning fines related to incurred losses. The prosecution's objection was justified. Legal misapplications in money laundering cases, particularly in cases pertaining to companies like "Gan Khuder Ord," showed incorrect timing and marked statutes with issues in court rulings, ordering reviews at the initial stage. Imposing sentences related to unsubstantiated wealth acquisition was adequately assessed; further criminal accountability is demanded.

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Economy

Reuters: Orano Sees Mongolia as a New Uranium Source

Published: 2025-02-20 | Translated from: itoim.mn

French nuclear fuel company Orano plans to increase its uranium production from new mines in Mongolia and elsewhere to meet the growing needs of the nuclear energy sector and compensate for stalled projects in Niger, CEO Nicolas Maes stated. Since the military took control in Niger, Orano has faced difficulties exporting uranium from its mines in the country. In January, a preliminary agreement was signed with Mongolia to implement a mining project capable of extracting 2,600 tons annually through 2044. Maes also noted plans to expand production in countries such as Uzbekistan and Canada. He remarked, "Geopolitical risks are making us stronger."

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SUMMARY: "Erdenes Tavantolgoi" JSC, which accounts for 40% of Mongolia's coal exports, reported on its operations

Published: 2025-02-20 | Translated from: itoim.mn

The management team of “Erdenes Tavantolgoi” JSC openly shared how they operated in 2024. Throughout 2024, "Erdenes Tavantolgoi" JSC operated without a politically appointed leader or a Government Representative on Site, appointing an interim acting executive director from within the company. In short, the management team worked professionally, achieving the highest sales in the company's history, increasing taxes, fees, and profitability paid to the state, and fully resolving issues related to domestic debt and offtake agreements. Let's highlight some key figures and facts from "Erdenes Tavantolgoi" JSC's 2024 report. G. Gantulga, Director of Finance and Investment at Erdenes Tavantolgoi JSC: Key Figures: - By the end of 2024, “Erdenes Tavantolgoi” extracted 30.4 million tons of coal, selling 29.6 million tons. - Total sales revenue reached $3 billion, equivalent to 10.2 trillion MNT. - 3.5 trillion MNT was paid to the state budget as taxes and fees. - As of the 2024 financial balance, "Erdenes Tavantolgoi" JSC reported a net profit of 4.5 trillion MNT. From this, 3.9 trillion MNT will be distributed as dividends to shareholders. 1.1 trillion MNT will be distributed as dividends to 1,072 shareholders, and 2.8 trillion MNT will accrue to the state. - The company sold 38% of its coal through exchange and has not entered into any free-on-board agreements since February 2023. - "Erdenes Tavantolgoi" accounts for about 40% of Mongolia's total coal exports, and its taxes alone make up 15% of the state budget revenues. Highlighted Achievements in 2024: - In 2024, "Erdenes Tavantolgoi" JSC spent 1.9 trillion MNT on construction and launched the following projects: - The full commission of the coal enrichment plant and the initiation of test enrichment. The plant will create 470-900 new jobs. - The "Zagiin Us" pipeline project and the "Tavantolgoi" coal-loading logistics center were commissioned. - In March 2024, Tavantolgoi's resource increased from 6.3 billion tons to 8.1 billion tons and was approved by the Mineral Resources Council. - "Erdenes Tavantolgoi" paid off and settled in cash the bond debt of 800 billion MNT, raised in 2021-2022 from the domestic market, including interest. - Of the four offtake contracts where advance payments were received for coal payments, two were completed, one stopped, and an offtake contract related to an oil pipeline project remains. - The company's management announced that they will not enter into any further offtake contracts. H. Munkhjargal, Interim Acting Executive Director of Erdenes Tavantolgoi JSC: Key Projects for 2025: - According to the government's decision, "Erdenes Tavantolgoi" JSC will contribute 30% of the total financing if a contractor is selected for the Tavantolgoi thermal power plant project. Currently, the Ministry of Energy has not selected the contractor due to tender disputes. - For the development of the Gashuunsukhait-Ganmod border railway construction, "Erdenes Tavantolgoi" JSC is responsible for financing Mongolia's side with 976 billion MNT. - Enhancing the operations of the coal enrichment plant and planning to sell 5 million tons of enriched coal in 2025. If the plant operates at full capacity, it could export 10 million tons of enriched coal annually. O. Tserendondog, Director of Sales, Marketing, and Transportation at Erdenes Tavantolgoi JSC: Challenges for 2025: - Due to the decline in certain sectors of the Chinese market and the US-China trade war, coal prices have fallen by 44% since the first quarter of 2024. The price of one ton of coal reached $92, recording a consecutive 12-month decline. The price drop has stalled trading on the exchange, posing great challenges. - Secondly, if prices continue to fall long-term, there is a risk that "Erdenes Tavantolgoi" JSC, which generates about 40% of coal export revenues, might face a decline in sales and income, impacting state budget revenues. "Erdenes Tavantolgoi" JSC plans to increase its export volume by expanding border openings. For example, last year, in addition to Gashuunsukhait, coal was exported through the Khangi checkpoint. Talks are underway this year to export coal through the Zamyn-Uud-Eren checkpoint. According to experts, coal prices are expected to slightly rise in the second half of 2025, and "Erdenes Tavantolgoi"'s management emphasized the need to use this window of opportunity wisely.

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Mongolia's Bond Risk Premium Drops to Historic Low of 2.27%

Published: 2025-02-20 | Translated from: montsame.mn

The Government of Mongolia, as part of the "Century IV" project, has issued a bond worth 500 million USD with a 6.625% interest rate and a five-year maturity, and it has started trading on the international financial market. The initial order to purchase the newly issued bond increased by 8.2 times the amount offered for trading, reaching 4.1 billion USD. As a result, Mongolia's bond risk has decreased to 2.27%, enabling the bond to be set at an interest rate lower than that of the secondary market. Additionally, the "Century IV" bond is being traded in a manner to repurchase and restructure the debt of bonds payable next year, such as the Nomad and Century-2 bonds. This restructuring improves debt sustainability, allowing the remaining payments on the "Nomad" bond to be made without burdening the budget and the economy. This step is significant in reducing the amount of foreign debt and potentially upgrading the country's credit rating, contributing to macroeconomic stability, as reported by the Ministry of Finance. During the trading of the new bond, countries with high credit ratings, such as Uzbekistan, Brazil, and the Dominican Republic, also issued bonds, but Mongolia managed to issue bonds at an interest rate 0.1-0.4 percentage points lower. Consequently, this opens up opportunities for domestic enterprises to attract financial resources from the international financial markets at a lower cost.

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Under the "White Gold" national movement, 788 billion MNT in loans will be disbursed to light industries in 2025

Published: 2025-02-20 | Translated from: montsame.mn

A consultative meeting aimed at accelerating the "White Gold" national movement, initiated by the President of Mongolia, and improving the coordination and responsibilities between the government and private sector was held today in the State Palace. During the meeting, J. Enkhbayar, Minister of Food, Agriculture, and Light Industry, presented on the action plan of the "White Gold" national movement, coordination among participants, and cooperation. He noted, "Mongolia supplies more than 40% of the world's cashmere market. Our national manufacturers are rightfully considered among the major players in this sector. The global cashmere market is projected to grow by 6% annually until 2029, reaching USD 4.3 billion. Looking at the statistics of the global wool market, our country ranks 14th in sheep population. In other words, we have the capacity to prepare 30,000 tons of wool annually. The wool market is expected to expand by 3.2% by 2029, reaching USD 45.6 billion. The average annual growth rate of the global leather goods market is expected to be 4.3%, reaching USD 3,762 billion by 2029. The "White Gold" national program will continue for four years until the end of 2028. During this period, we must make effective use of the favorable economic conditions,” he emphasized. Moreover, in his speech, the minister mentioned, “Last year, our country counted 57.7 million livestock. According to the 2024 livestock census results, we plan to prepare 8,500 tons of cashmere, 30,000 tons of wool, 1.9 thousand tons of camel wool, 397.6 tons of yak hair, and 117.2 million hides and skins this year. Therefore, the government will establish industrial-technology parks to increase the capacity to process raw materials originating from animal husbandry. For instance, the complete processing level of cashmere will increase to 20-40%, wool processing will increase to 25-55%, and deep processing of hides and skins will increase to 30-50%,” he said. B. Gerelmaa, CEO of Darkhan Nekhii JSC, stated, “Our company has already joined the 'White Gold' movement. We requested a loan of 20 billion MNT and have so far received 16.9 billion MNT. Our company is implementing four projects. For example, we are working on putting into operation a compressed leather factory to process waste from the leather industry. We are receiving loans quickly and without hassle. Naturally, if enterprises are supported by tax policy, our operations could grow 3-5 times according to the five-year plan,” she said. President of the Bank of Mongolia B. Lkhagvasuren informed, "Ten commercial banks have signed the financing agreement 'Supporting Processing Production of Wool, Cashmere, and Leather'. Within the framework of the national movement, 788 billion MNT in loans is estimated to be disbursed to light industries in 2025. Enterprises can obtain loans in two forms: working capital and investment loans. Investment loans have a term of four years with an interest rate of 5-6%. Working capital loans have a term of two years with an interest rate of 9-10%. This subsidy from the budget is considered viable by the central bank, given the current average interest rate in the banking system is 17-18%. According to current information, a decision has been made to disburse loans totaling 101 billion MNT." Present at the meeting were President U. Khurelsukh, Minister of Food, Agriculture, and Light Industry J. Enkhbayar, Presidential Economic Policy Adviser B. Davaadalai, Deputy Prime Minister S. Amarsaikhan, Minister of Finance B. Javkhlan, Chairman of the Parliamentary Standing Committee on Environment, Food and Agriculture B. Beysen, representatives from the Bank of Mongolia, commercial banks, and producers in the leather, wool, and cashmere sectors.

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Income Falls, No Choice but to Adjust the Budget

Published: 2025-02-20 | Translated from: news.mn

The member of the Council on Fiscal Stability and Doctor Professor A.Enkhbat discussed current issues with us. “How have Mongolia's macroeconomic indicators been in the first months of this year?” “Before talking about the macroeconomic indicators of the first months of this year, let's briefly talk about the level of those indicators in the past 2024. The real growth rate of gross domestic product was 4.9 percent, which means the monetary value of goods and services produced in our country reached 80 trillion MNT (it was 71.2 trillion in the previous year). The inflation rate was 9 percent. The total revenue and assistance of the state consolidated budget was 31.4 trillion MNT, balanced revenue 29.6 trillion MNT, total expenditure and net lending 30.4 trillion MNT, with the balanced budget deficit being 776.2 billion MNT. The total turnover of foreign trade reached 27.4 billion USD, with exports amounting to 15.8 billion USD and imports to 11.6 billion USD, resulting in a trade surplus of 4.2 billion USD. Out of exports, 83.7 million tons of coal including coking coal were exported to China, earning 8.7 billion USD, which constituted 55.1 percent of total exports. Iron ore, copper ore, zinc ore, molybdenum ore, and precious metal ores totaling 9.3 million tons were also exported to China, bringing in 4.3 billion USD, making up 27.4 percent of total exports. From this, it's clear that exports of coal and other ores account for 82.5 percent of total exports, and when adding other goods exported to China, 91.3 percent of total exports go exclusively to the Chinese market. This highlights the significant dependence on subterranean resources and raw materials exported mainly to China, making Mongolia a supplier of China's raw material needs. On the other hand, regarding imports, 4.6 billion USD, or 40.2 percent, is from China, 2.4 billion USD, or 24.3 percent, from Russia, and 1.2 billion USD, or 10.1 percent, from Japan. The export price index was 170.4 percent in November 2024, with export prices decreasing by 5.8 percent from the same period the previous year, 2.2 percent from the end of the previous year, and 1.0 percent from the previous month. The decrease in the coal price by 20.7 percent mainly influenced the drop in the index from the same period the previous year. The money supply amounted to 43.3 trillion MNT at the end of 2024, with the outstanding balance of total loans being 37 trillion MNT, non-performing loan debt totaling 1.9 trillion MNT, and foreign currency deposits making up 4.9 trillion MNT. Examining macroeconomic key indicators for January this year, the state's consolidated balanced budget revenue and assistance amounted to 1.7 trillion MNT, decreasing by 38.9 percent from the same period the previous year, while total expenditure and net lending increased by 5.2 percent over the same period the previous year, reaching 2.2 trillion MNT, resulting in a deficit of 492.7 billion MNT. Meanwhile, the total turnover in foreign trade was 2 billion USD, decreasing by 9.5 percent from the same period the previous year. Exports were 1.0 billion USD, a decrease of 19.5 percent, whereas imports were 973.2 million USD, increasing by 4.1 percent over the previous year's same period. The total trade balance was 46 million USD, significantly reduced compared to a surplus of 332 million USD the same time last year. As for exports, 921 million USD or 91 percent went to China, and 71 million USD or 7 percent to Switzerland. Coal made up 44.1 percent (449 million USD) of total exports, copper concentrate 25.9 percent (263.5 million USD), and unprocessed or semi-processed gold 7 percent (71 million USD). For imports, 317.7 million USD (32.6 percent) were from China, 258.2 million USD (26.5 percent) from Russia, and 140.8 million USD (14.5 percent) from Japan. Imports included 206.5 million USD (21.2 percent) worth of oil and fuel, 139 million USD (14.3 percent) in passenger cars, and 58.9 million USD (6.1 percent) in mining vehicles. 20.7 million USD worth of energy was also imported. The consumer price index was 9.6 percent compared to the end of the previous year. At the end of January 2025, the preliminary money supply was 41.9 trillion MNT, a growth of 4.4 trillion MNT from the same period the previous year, influenced by an increase in tugrik deposits of 4.6 trillion MNT and tugrik checking accounts by 2.1 trillion MNT. “What do you think is the reason for the drop in coal prices and export volume, which are Mongolia's main export commodities?” “As of January this year, our country exported coal equivalent to approximately 11 million tons. According to customs statistics, the price was about 86 USD per ton. Comparing to the data for January 2024, 12 million tons of coal were sold at 120 USD per ton. Although the quantity being exported has not drastically decreased, the price level has dropped by over 30 percent. In other words, the unified price index of goods supplied to Mongolia's main trade partners decreased, according to the statistics showing a 6.4 percent decrease compared to the same period last year. Several factors are influencing the decline in coal prices and export volumes. Firstly, China's demand for coal, our main crude commodity recipient, has decreased, with last year's supply from foreign countries exceeding total demand. Changes in supply-demand balance in China's coal market have become evident, their total coal production reaching 46.58 billion tons in 2023, up by 2.90 percent from the previous year. In the first half of 2024, coal demand and supply were stable, with coal prices decreasing. For instance, the average price of 5500 kcal/kg calorific coal at Qinhuangdao Port in China decreased by 18 yuan to 704 yuan/ton from last year. However, in 2024, China developed new coal mines with an annual capacity of 1.28 billion tons, more than half of the world's new coal mining projects. Thirty-five percent of these are under construction, expected to be operational in 3-5 years. As for imports, China's energy coal imports by sea reached 37.5 million tons in November 2024, up from 32.12 million tons the previous month. This increase is linked to higher production by coal-fired power stations compensating for a decrease in hydropower production. While China's coal market remains stable in terms of demand and supply, factors like domestic production, new mining projects, and import growth are impacting market dynamics, indicating a decrease in Chinese demand. Mongolia's main coal buyer, China, has been increasing domestic production in recent years and imposing restrictions on coal imports. Slow economic growth in China has reduced coal import demand due to lower energy and steel production needs. Secondly, international coal prices are falling. Although coal prices soared to peak levels in 2022, global demand has declined, and prices have fallen in 2023-2024. Increased supply from major exporters like Australia and Indonesia has affected Mongolia's coal competitiveness. Thirdly, transportation logistics issues are a factor. Mongolia's coal exports are mainly done by road and rail. Customs bottlenecks, transportation restrictions, and infrastructure issues have delayed and limited coal supply. For this, our government has been actively engaging in discussions and signing agreements with the Chinese side. The cross-border railway project connecting Gashuun Sukhait-Ganqmod port is under implementation, and once operational, it will affect coal export volumes, foreign currency revenue, and budget revenue. However, achieving this within the next two years is uncertain. Thirdly, the sale of coal on stock exchanges. Last year, 25.2 million tons or 2.8 billion USD worth of coal were sold. Efforts to sell our coal on international commodity exchanges must continue. More attention needs to be paid to selling coal to other markets, not just relying on Chinese buyers. Fourthly, competing with cheap Russian coal. In recent years, Russia has exported low-priced coal to China, competing with Mongolia's coal market, creating price pressure. Due to these factors, Mongolia's coal export revenue has likely decreased. Improving domestic infrastructure, adhering to a long-term stable export policy, and accurately evaluating international market trends are crucial going forward. “This year's budget was discussed and passed twice. Although a deficit-free budget was adopted, the expenditure level remains high. Were recommendations from the Council on Fiscal Stability adequately implemented?” “Yes, the budget was discussed twice by the Parliament in November and December 2024. This practice was unprecedented here. In terms of financial rights, the issue concerning the President's veto reflects the lack of comprehensive regulation. Nevertheless, passing a budget without a deficit, as brought forward by the government, is seen as a successful new development. The government was relatively inactive in reducing fiscal expenditure to implement 14 mega projects in upcoming years, which the newly formed Parliament undertook. Future discussions will need to involve more perspectives, initiative, and courageous decisions, examining the medium-term fiscal framework and next year's budget proposal. This shift is necessary. For the past 30 years, every government's, Ministry of Finance's fiscal frameworks, and budget proposals have been approved with superficial discussions, focusing more on decisions benefiting political and business interests. The result is reflected in our living environment and the country's development level. Times have changed. Moving forward, integrating strategic plans and projects into the budget should be supported as they relate to national development policies beyond politics and constituencies. The Council on Fiscal Stability began operating with seven members as an institution under the Parliament since January last year, following amendments to the Law on Governmental Fiscal Stability. As of today, 51 countries worldwide have established and are running similar councils. Particularly after the 2008 global economic crisis and post-2019 COVID, the importance of such an institution has grown. Our council provided the Ministry of Finance and the Ministry of Economic Development the required macroeconomic predictions for the 2025 budget outline and the following two years in March 2024. Unfortunately, the Ministry of Economic Development dismissed our preliminary forecasts, and the government and Parliament approved their economic forecasts for 2025 and subsequent two years. The discrepancies between our council's estimates and the government-proposed budget revisions and next year's budget arise from this. The current economic situation and expected conditions confirm that our calculations were accurate, which the government, Ministry of Finance, Ministry of Economic Development, and Parliament are reluctantly recognizing. Given today's circumstance, the government should focus less on how to make budget revisions to fill the deficit and more on how efficiently to use existing resources, minimizing damage from upcoming global economic shocks through strategic financial planning. Ultimately, it must be said that our council's evaluations and recommendations were not accepted by the government and Parliament. “Concerns are rising about Mongolia’s dwindling foreign currency reserves and the potential risk of disrupting the national budget. Do you think conditions are leading to a mandatory budget revision?” “As of the first month of this year, the economy is shrinking, and export earnings are below expectations, which is weakening the MNT (Mongolian Tugrik) against foreign currencies. The purchasing power of the MNT has declined by over 100 tugrik within a month. The exchange rate depends on the supply and demand in the foreign currency market, influenced by three factors on both the demand and supply sides. Naturally, it hinges on export earnings from foreign trade and the foreign currency spent on imported goods and services. If foreign income is low or foreign currency outflows are high, the national currency weakens due to changes in foreign currency balance. By January this year, imports increased compared to the same period the previous year, while export growth decreased from the same period the previous year. In such cases, central banks intervene to supply the deficient foreign currency amount to maintain stability in the foreign exchange market. According to the media, our country had foreign currency reserves of 4.8 billion USD, with 800 million USD being used for interventions. According to the Budget Law, there are established circumstances for revising the national budget. I see five key conditions forming this situation. Firstly, a situation arises that does not comply with the special provisions of the Budget Stability Law. Secondly, due to unforeseeable circumstances cutting budget revenue and increasing expenditure, leading to a state budget deficit exceeding three percent of GDP, or changes to the cost of approved programs, projects, and measures change; a situation where budget adjustments between general budget overseers are needed occurs, or situations where funds for fulfilling government guarantee debt obligations are deemed insufficient. Once such conditions are substantiated with calculations and evidence, a budget revision becomes necessary. As mentioned earlier, the total balance of the state budget has already shown a deficit linked to decreased coal prices. In short, in January 2024, we had 2.7 trillion MNT in revenue, but in the first month this year, it decreased by 1 trillion MNT to 1.7 trillion MNT, while expenditure increased to 2.2 trillion MNT, up by 100 billion compared to the previous year. Conditions for budget revision appear to be forming by law. With the budget deficit matching three percent of GDP, changes in project costs, such as those related to oil refinery agreements with Indian loans, become evident. Additionally, related to coal price depreciation, 2025 coal market prices are expected to decrease. Mongolia’s budget this year planned for exporting 83 million tons of coal at an average price of 105 USD per ton, but declining global market prices may negatively affect budget revenue. For example, coal priced at 141 USD per ton in November 2024 fell to 104.75 USD at the beginning of 2025. According to the World Bank, driven by the economic conditions in China, the coal price may decrease by 12-13 percent in 2025. The President of the Mongolbank, B.Lkhagvasuren, mentioned that the coal price could remain around 70-80 USD in 2025, warning that expecting price hikes is misleading. If coal prices continue declining, it negatively affects Mongolia's export revenue, stressing the need to increase export volumes and implement policy adapting to changing market conditions. “The plan is to export 83 million tons of coal this year, but proposals to buy coal through stock exchanges are not coming through, raising concerns?” “Mongolia aims to export 83 million tons of coal in 2025, intending to surpass last year’s 78.1 million tons achievement, with 25 million tons traded through stock exchanges. However, current bids through stock exchanges are low due to several reasons. These include, firstly, conditions and risks in exchange transactions. Buyers only receive coal months after full payment, during which market prices can fluctuate, making buyers wary of potential losses, thus reducing exchange participation interest. Secondly, malfunctions in the auction system. Currently, the system allowing sellers and buyers to make deals at mutually agreed prices isn’t fully developed, complicating buyer efforts to acquire coal at competitive market prices and diminishing interest in exchange trading. Thirdly, uncertainty in the Chinese market: The downturn in China's property sector and uncertainties in the steel market negatively impact coal demand, prompting buyers to avoid risk. Fourthly, preference for direct contract sales. Major buyers, especially Chinese companies, prefer purchasing coal directly through contracts rather than exchanges, reducing exchange activity. Fifthly, logistical issues: Customs delays and infrastructure restrictions might dampen interest in trading through exchanges. Addressing these issues requires improving exchange trading conditions, developing the auction system, and removing logistical barriers. “With the Lunar New Year celebrations approaching, inflation is rising. Also, there are talks about distributing dividends to Erdenes Tavantolgoi's 1072 shareholders. Cash flow might stimulate inflation. What measures should be taken to curb inflation?” “Recently, government action-induced inflation has occurred frequently due to activities like salary increases, pension adjustments, and dividend distributions. They help individuals with low income but contribute to increasing the overall money supply and thus inflation. For instance, last year, 1 trillion MNT was being released into the market monthly. The growing consumer price index is significantly influenced by the rising prices of basic food staple products, as statistical data show. Increasing fiscal policies and government expenses undermine the central bank's aim for monetary stability. Hence, the central bank finds itself forced towards maintaining tight monetary policies. Consequently, the suppression of money supply directly impacts manufacturing and services in the real sector, slowing down economic activity. “US President Donald Trump imposed tariffs on imports from Canada, Mexico, and China immediately upon taking office, sending a strong signal to global markets. How do you interpret this?” “This is part of US President Donald Trump's protectionist economic policy, aiming to protect US industries and rectify trade imbalances. Imposing tariffs on imports does not generally benefit only the US, as it brings the following consequences. First, it might support domestic production. As foreign product prices rise, US domestic manufacturers might become more competitive. Second, price increases might lead to inflation. Higher import prices place pressure on consumers, raising living costs. Third, a trade war occurs. Countries like Canada, Mexico, and China might retaliate against the US by restricting exports or raising duties, complicating international trade relations and potentially causing global market uncertainties. Fourth, it impacts the global economy. As the world's largest economy, US decisions affect investments, production, and markets worldwide. Therefore, while Trump's policy might have short-term benefits for specific US sectors, it also risks long-term negative impacts on the global economy. Consequently, international trade agreements and negotiations with partner countries will continue to hold critical significance. “US President's announcement to impose a 10 percent tariff on some Chinese products could impact Mongolia, with China making up about 90 percent of its export income. How might this policy affect Mongolia's economy?” “It will have direct consequences. Foreign trade and investment are critical to China's economy, significantly impacting global production. The US-China trade war might weaken or contract China's economy. Subsequently, China's manufacturing sector, particularly in steel or energy, might decrease coal demand from Mongolia. “Will Trump's tariff decision affect exchange rates?” “Yes. Trump's tariff decisions can impact exchange rates due to factors like the trade balance. If the US raises import tariffs, imports might decrease, reducing the trade deficit and potentially strengthening the US dollar. On the contrary, if trade partners impose retaliatory tariffs, hindering US exports, the dollar might weaken. Market confidence also plays a role, as increased trade war risks prompt investors towards stable currencies like the US dollar or Swiss franc. Inflation and Federal Reserve policy also matter. If tariffs raise import prices, potentially increasing inflation in the US, the Federal Reserve might raise interest rates, further strengthening the dollar. However, retaliation could pressure other currencies like the Chinese yuan, euro, or Canadian dollar, weakening them against the dollar. Overall, Trump's tariff policy can affect exchange rates in both short-term and long-term scopes, leading to either depreciation or appreciation of the dollar based on market conditions. Considering coal price declines, reduced foreign exchange income for Mongolia is expected, while mega projects' import needs will increase foreign exchange demand, making currency appreciation possible.

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Coal Prices Decrease by 2.3% Causing a Drop in Coal Transportation and Export Risks

Published: 2025-02-20 | Translated from: gogo.mn

Chairman of the Parliamentary Standing Committee on Industrial Policy S. Ganbaatar, along with parliament members B. Uyanga, P. Mönhtulga, and Deputy Head of the Parliamentary Staff Ü. Amarbat, are working in the Tsogttsetsii area of Ömnögovi aimag at the "Gashuun Sukhait-Gants Mod" border. The working group is evaluating the results, real conditions, and implementation of parliamentary policies and decisions by inspecting on-site the cross-border railway construction at the "Gashuun Sukhait-Gantsmod" border, as well as the activities of the "Erdenes United Terminal" complex and coal transportation, while collaborating with specialists in the relevant sectors. "Gashuun Sukhait" is located 841 km from the capital and is one of the main ports contributing to Mongolia's economic budget. There is an expectation that the 9th parliament will bring positive results by supporting long-stalled mega-projects for many years. Although the coal transportation railroad leading to the port complies with international standards, is sturdy in the desert environment, and is wildlife-friendly, residents of the settlement areas request that social issues be addressed. Since the "Erdenes United Terminal" complex commenced operations in 2022, it has exported 75.1 million tons of coal and plans to export 30 million tons of coal this year. Every day, 300-450 transport vehicles pass in the direction of Gants Mod. The exchange transportation is conducted in four main directions, selling 26.5 million tons of coal via 117 transports since March 2023. There are over 40 contracts left to fulfill. In relation to coal transportation via the "Gashuun Sukhait" border point, there are 24,432 registered vehicles from 432 enterprises under the Unified Automotive Transport System. Of these, 8,808 vehicles from 420 enterprises have signed responsibility contracts with "Erdenes Tavantolgoi" JSC for long and short transportation operations. Due to a coal price drop of approximately 2.3%, there are risks that coal transportation may decrease, potentially leading to a decline in exports. As of now, there are 4.6 million tons of coal remaining at the Gantsmod border. The parliamentary working group's assignment, aimed at reducing congestion and improving railway use, is ongoing, as reported by the Parliament’s Press Office.

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Maintaining the Continuous Reliability of International Payments and Settlements

Published: 2025-02-20 | Translated from: gogo.mn

In the current geopolitical environment, which is unstable and challenging, our banks and financial institutions have reliably carried out payments for strategically critical imported goods from Russia, such as gasoline, fuels, and electricity, over the past two years. To this end, the Bank of Mongolia and the Ministry of Finance collaborated with the U.S. government last year to open a new channel through U.S. banks for the transfer of fuel payments. Having an additional payment channel not only helps strengthen economic relations between the two countries but also plays a crucial role in maintaining a steady supply of gasoline and fuels, thereby ensuring price stability. An official letter from the U.S. Embassy in Mongolia noted the prompt and efficient handling of issues by the Mongolian side during international payment executions, expressing satisfaction with the cooperation. Going forward, the Bank of Mongolia, the Ministry of Finance, and banks will focus on ensuring smooth transmission of payments for goods imported from Russia, and will work openly with the U.S. government and other international organizations.

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Coal Prices Drop by 30%, Leading to a 776 Billion Deficit in Budget

Published: 2025-02-20 | Translated from: isee.mn

According to the Bank of Mongolia's report, inflation across the country stands at 9.6%, with Ulaanbaatar at 9.7%. Additionally, data from the National Statistics Office indicate that the national consolidated budget showed a deficit of 776 billion tögrögs for January. Furthermore, the export price index fell by 5.8% compared to the same period last year, largely due to the 20% decrease in coal prices, which principally affected the 5.8% drop in exports. Economists suggest that this situation necessitates amendments to the budget. Notably, as of January this year, our country exported coal equivalent to approximately 11 million tons. Customs statistics show that it was sold at approximately $86 per ton. Comparing this to January 2024 figures, 12 million tons were sold at $120 per ton. This indicates that while the volume of exported coal has not significantly decreased, the price level has dropped by over 30%.

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G. Gantulga: The Decrease in Coal Prices Creates Challenges for the Stock Exchange

Published: 2025-02-20 | Translated from: ikon.mn

"Erdenes Tavantolgoi (ETT)" JSC presented its 2024 report to journalists today. The company's notable achievements for 2024 include the commissioning of its processing plant, the Zag Us reservoir project, and the Tavantolgoi coal loading logistics project. Additionally, they have increased and confirmed the total resource of their deposit from 6.3 billion tons to 8.1 billion tons. They have fully repaid the "Erdenes Tavantolgoi" bonds with cash, and for the first time, achieved the milestone of mining 30 million tons of coal in a year. They have also distributed dividends from 2022, 2023, and advances on 2024 dividends to the public. ETT JSC's Director of Finance and Investment, G. Gantulga, stated, "Last year, we extracted 30.4 million tons of coal and sold 29.6 million tons, generating a sales revenue of 3 billion USD, equivalent to 10.2 trillion MNT, and contributed 3.5 trillion MNT to the state budget in the form of taxes. With a sales revenue of 3 billion USD, we achieved a net profit of 4.5 trillion MNT. The price decline is a challenge for us. Compared to the first quarter of 2024, the price of hard coking coal has decreased by 44%, dropping 12 times in a row. This creates challenges for stock exchange trading, and there is a tendency for the company's sales revenue to decline. There is an expectation for recovery in the second half of this year, but no one can definitively predict whether prices will increase or decrease. Last year, we aimed to increase our stock exchange sales. Sales through the exchange are sold at border prices with delivery conditions. Under the previously implemented mouth contracts, sales were recognized as sales if loaded at the mouth. It should be noted that since the stock exchange trading began on February 9, 2023, we have not signed any mouth contracts or off-exchange contracts; we are selling everything through the exchange. In 2023, 17% of the total coal sold was sold and delivered through the exchange, and in 2024, this increased to 38%. In other words, of the 29.6 million tons of coal sold in 2024, 11.6 million tons were sold and delivered through the exchange, while 62% was under previously established mouth contracts. This year, we aim to increase the amount of coal sold through the exchange to 40% or more, but the price decline is posing challenges for exchange trading. Last year was a year of completing our infrastructure projects. This year, if a contractor is selected for the Tavantolgoi thermal power plant project as per the government's decision, our company is responsible for financing it. We are also responsible for financing the Mongolian side's projects for border infrastructure development," he said. Regarding dividends, he also said, "At the Board of Directors meeting on February 19, 2025, a decision was made to distribute this year's dividends. An advance of 135,000 MNT minus taxes was transferred to individuals' accounts on December 20, 2024. After deducting taxes from the remaining approximately 215,000 MNT, a person with 1,072 shares will receive 193,000 MNT. Yesterday, the Board of Directors decided to transfer 100,000 MNT to individuals' accounts before Tsagaan Sar, that is, by February 28, and over 90,000 MNT in April, after the audit is completed and the report finalized."

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Published: 2025-02-20 | Translated from: montsame.mn

According to reports from Bloomberg, the share of payments made in US dollars within the SWIFT system for payments and financial information exceeded 50% in January, marking the highest figure since mid-2023. The share of the US dollar in international money transfers via SWIFT reached 50.2%, indicating the largest increase in the US currency's share since the SWIFT recording system was changed in mid-2023. A month ago, this figure stood at 49.1%. Over the last year and a half, the share of the dollar has averaged around 48%. Following the dollar are the euro (23%) and British pound sterling (7.1%). Bloomberg highlighted that since the separation of Russian banks in 2022, not all international transfers are conducted via SWIFT. "In recent years, there has been an increase in the number of countries looking for ways to trade without using the dollar or going through American financial institutions, as they oppose the dominance of Western currencies. This is partly related to Russia, which has been targeted by severe Western sanctions, striving to grow its economy," the agency concluded. BRICS countries play a key role in this, and according to SWIFT, the share of the Chinese yuan in international transfers is 3.8%, having doubled from a decade ago. Last month, the share of the South African rand stood at 0.3%.

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"Erdenes Tavan Tolgoi" JSC operated with a net profit of 4.5 trillion MNT

Published: 2025-02-20 | Translated from: news.mn

The management of "Erdenes Tavan Tolgoi" JSC presented their operational report for the year 2024. "Erdenes Tavan Tolgoi" JSC, a state-owned company, operates on the Tavan Tolgoi deposit, the shares of which are owned by all citizens of Mongolia. In 2024, the company mined a total of 30.4 million tons of coal and sold 29.6 million tons, generating sales revenue of 3 billion USD or 10.2 trillion MNT. Of this, 3.5 trillion MNT was contributed to the state budget in the form of taxes. The company operated with a net profit of 4.5 trillion MNT from its sales revenue of 3 billion USD. One issue facing "Erdenes Tavan Tolgoi" JSC is that the price of coal has fallen by 44% from the first quarter of 2024 to today. The price of hard coking coal dropped by 44% during this period. In such a situation, stock exchange trading has also encountered challenges, and there is a trend of declining sales revenue. There is an expectation that coal prices might recover in the second half of this year. According to the relevant law approved by the Mongolian Parliament, "Erdenes Tavan Tolgoi" JSC started its initial stock exchange trading on February 9, 2023, and has not established any "at the mouth" contracts since then. In 2023, 17% of the total coal sold was traded on the exchange and delivered to the buyer, which increased to 38% in 2024. Thus, 38% of the 29.6 million tons of coal, or 11.6 million tons, was delivered to buyers. The remaining coal sales were through long-term "at the mouth" contracts. The company has set a goal to surpass 40% and eventually reach 50% in the amount of coal traded on the exchange this year. Due to the decline in coal prices, trading on the exchange is facing challenges, according to a relevant official from "Erdenes Tavan Tolgoi" JSC. Since the start of exchange trading in 2023, 115 trading sessions have been organized, and 25 million tons of coal, valued at 2.8 billion USD, were traded on the exchange. In 2023, 9.8 million tons of coal were traded on the exchange, increasing to 15.3 million tons in 2024. The company aims to maintain this level or higher for the amount of coal sold on the exchange this year.

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The "White Gold" National Movement - Government and Private Sector Consultation Meeting to be Held

Published: 2025-02-20 | Translated from: montsame.mn

Ulaanbaatar. Today's events: 09:00 AM: The "Use of Artificial Intelligence and Cybersecurity" training will be held at the Ministry of Foreign Affairs. 09:30 AM: Discussions on the "Implementation of Environmental Standards and Legal Environment," and "Implementation of Food Sector Standards and Legal Environment" will be held in the Great Hall of the State Palace. 10:00 AM: The "White Gold" National Movement - Government and Private Sector Consultation Meeting will be held in the "Chinggis Khan" Hall of the State Palace. The President of Mongolia, U. Khurelsukh, will participate in the opening of this meeting. 10:30 AM: As part of the 70th anniversary of establishing diplomatic relations between Mongolia and India, the opening of the "Indian Culture and Crafts" exhibition will be held at the G. Zanabazar Museum of Fine Arts. 11:00 AM: Information on the proposal to categorize vehicle license plates into even and odd numbers for participation in road traffic will be provided by D. Badarsan, coordinator of the project and program to reduce traffic congestion in the capital, along with relevant officials from the Traffic Police Department and the Road, Transport Policy Department. The press conference will be held in the Honorary Hall of the "Khangardi" Palace in Yaarmag. 11:00 AM: The wrestling competitions for young athletes dedicated to the "Eludev Erdemt" of the 17th lunar year's Lunar New Year celebrations will begin. 11:00 AM: A press conference will be organized on the implementation of requirements and recommendations by a member of the Human Rights Commission. At this conference, officials and authorities will discuss whether they have ensured the implementation of the Commission member's requirements and recommendations, and responsibility issues will be addressed. 11:00 AM: For the first time in the locality, a new Surgery and Anesthesia unit meeting the international Class 1000 standards has been established. The opening of the new unit will take place at the Central Hospital of Tuv Province. For inquiries, call: 99153144. 2:00 PM: A "Ulaanbaatar B2B - City Building and Construction" business meeting will be held in the "Ulaanbaatar" hall of the Corporate Convention Center. Construction material manufacturers, suppliers, advanced technology introducers, construction sector companies, and businesses interested in collaborating with companies in this sector will participate. For inquiries, call: 99995605. 7:00 PM: "Classic Piano Recital" by State Philharmonic Concertmaster /pianist/ O. Enkhmunkh will take place at the Kawai concert hall. This evening will feature music from the world's leading composers. Abroad: 5:30 PM: The national basketball team of Mongolia will play another qualifying match of the 2025 Asian Championship preliminary round against the Guam team. This game will be broadcast live by Premier Sports Network TV. In local areas: The "Reindeer and Reindeer Herder's Festival" will be held today and tomorrow in Tsagaannuur soum, Khuvsgul Province.

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“Erdenes Tavan Tolgoi” to distribute dividends in February and April

Published: 2025-02-20 | Translated from: unuudur.mn

Discussions were held during the government meeting regarding distributing dividends from the net profit of "Erdenes Tavan Tolgoi" JSC for the year 2024. According to the decision made by the company's Board of Directors, it was calculated that from the net profit of 2024, a dividend of 350,000 tugriks will be given to each citizen holding 1,072 shares, and it was decided to distribute this amount in three parts. Of this, 130,000 tugriks were given last December. The remaining portion is set to be distributed equally on the 28th of this month and in the upcoming April. "Erdenes Tavan Tolgoi" is 26.4% owned by the citizens of Mongolia, 0.06% by national enterprises, and 73.5% by "Erdenes Mongol" LLC.

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Diplomacy

New Zealand Deputy Prime Minister and Minister of Foreign Affairs to Visit Mongolia

Published: 2025-02-20 | Translated from: montsame.mn

At the invitation of the Minister of Foreign Affairs B. Battsetseg, New Zealand's Deputy Prime Minister and Minister of Foreign Affairs Winston Peters will make an official visit to Mongolia on February 27-28. This visit is a high-level visit at the Deputy Prime Minister and Minister of Foreign Affairs level from New Zealand since 2013 and is taking place in the context of the 50th anniversary of the establishment of diplomatic relations between the two countries. During the visit, New Zealand's Deputy Prime Minister and Minister of Foreign Affairs Winston Peters will meet with the Chairman of the State Great Khural of Mongolia D. Amarbaysgalan and Prime Minister L. Oyun-Erdene, and hold official talks with Minister of Foreign Affairs B. Battsetseg. During the discussions, the parties will identify priority areas for future cooperation and exchange views on expanding cooperation in sectors such as economy, agriculture, tourism, and education. Mongolia and New Zealand established diplomatic relations on April 8, 1975.

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The Ambassador of the Holy See Presented His Credentials

Published: 2025-02-20 | Translated from: gogo.mn

Ambassador Giovanni Gaspari, the Ambassador Extraordinary and Plenipotentiary from the Holy See to Mongolia, presented his credentials to President U. Khurelsukh. After presenting the credentials, President U. Khurelsukh received the Ambassador and exchanged ideas on expanding the historic relations between the two countries over the centuries and on more actively collaborating in mutually interested fields. They also discussed strengthening cooperation within the United Nations and other international organizations.

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Mongolia Advances 14 Places in Soft Power Index

Published: 2025-02-20 | Translated from: isee.mn

The UK's Brand Finance company, a leader in brand valuation, annually presents the Soft Power Index for 193 countries around the world. This index quantifies and ranks factors such as brand awareness, reputation, values, international relations, sustainable development, trade and economy, the behavior of citizens, and governance type, showing their impact on other markets and the value they create, based on feedback from over 170,000 consumers in more than 100 global markets. This year, Mongolia has climbed 14 places to rank 108th, reflecting an increase in its soft power influence on the international stage. This improvement is attributed to the country's open diplomatic and economic partnership policies as well as the implementation of a unified communication strategy to promote the "Go Mongolia" brand internationally, which has actively advertised the country abroad. In Brand Finance's report, Mongolia is notably highlighted for significant advancements in the "People & Values" and "Culture & Heritage" indicators, with an increase of 21 ranks. It concludes that Mongolia's rich cultural heritage is a key characteristic of its brand, enhancing its competitiveness in tourism.

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The Polytechnic College in Bulgan Aimag Expands Its Foreign Relations

Published: 2025-02-20 | Translated from: montsame.mn

A team led by T.V. Nikolashkina, Deputy Minister of Education of Irkutsk Oblast, Russia, visited the Polytechnic College affiliated with the Mongolian University of Life Sciences in Bulgan Aimag to learn about its operations and discuss future cooperation. As part of a partnership with the Building Architecture Technical College of Irkutsk Oblast, Deputy Minister T.V. Nikolashkina, Chair of the Permanent Committee of the Legislative Assembly of Irkutsk Oblast G.F. Kudryavtseva, Director of the Building Architecture Technical College B.A. Mikhailov, safety and training expert A.D. Bachmanyuk, World Skills competency expert in wood processing and restoration B.P. Yarovoy, and IT teacher and expert K.A. Pushnin got acquainted with the college's activities and exchanged ideas on expanding further cooperation areas.
At the Polytechnic College in Bulgan Aimag, 534 students are currently studying under 17 programs with 8 general education and 28 vocational teachers conducting training activities during the 2024-2025 academic year. There are a total of 93 staff members employed.
According to the Mongolian Government's Resolution No. 306 of 2023, the Technical and Vocational Training Center and the Agricultural Vocational Training Center were merged to form the Polytechnic College in Bulgan Aimag under the Mongolian University of Life Sciences, starting its activities in January 2024 with 2 academic buildings, 19 practice sites, and 2 dormitories.

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Mongolian Foreign Minister Holds Official Talks with Oman's Foreign Minister

Published: 2025-02-20 | Translated from: montsame.mn

While on an official visit to the Sultanate of Oman, Foreign Minister B. Battsetseg held official talks with the country's Minister of Foreign Affairs, Badr Bin Hamad bin Hamood Al-Busaidi. Foreign Minister B. Battsetseg noted that the mutual visits by the Foreign Ministers of the two countries within half a year demonstrate the importance both sides attach to developing relations and cooperation. She expressed interest in maintaining this momentum and expanding relations in sectors such as investment, trade, mining, agriculture, energy, education, and tourism, and in establishing a Joint Investment Fund with Oman's Investment Authority. Minister Badr Al-Busaidi expressed his satisfaction with the intensification of bilateral relations and cooperation over the past year and confirmed his commitment to further develop cooperation in mining, energy, trade, economy, investment, culture, food security, infrastructure, and education. He expressed support for the proposal to establish an Investment Fund and informed that Oman's Investment Authority decided to send a professional team to Mongolia in the near future to explore areas of cooperation. It was decided to establish a permanent mechanism for government-to-government cooperation, to ease transportation logistics, to increase tourism through an Air Services Agreement, to connect business people of both countries, and to mutually appoint Honorary Consuls to expand trade, investment, and economic cooperation. Foreign Minister B. Battsetseg also highlighted the agreement to exempt holders of diplomatic, official, and special passports from visa requirements and proposed to establish a mutual visa exemption agreement for holders of all types of passports to support the connection between the two countries' citizens and businesses. Oman has agreed to explore participation as observers in the international "Khaan Quest-2025" peacekeeping exercise for the first time. To implement the issues discussed during the visits and meetings and to elevate the level of relations, an agreement was reached to develop a roadmap for cooperation. Minister B. Battsetseg extended invitations for Oman to participate in the Mongolian Economic Forum to be held in Mongolia in 2025 under the auspices of the President of Mongolia and the International Women's Entrepreneurship Summit and the Ulaanbaatar Dialogue.

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Infrastructure

Ulaanbaatar Railway JSC to be Modernized by Mongolia, China, and Russia

Published: 2025-02-20 | Translated from: itoim.mn

The Ulaanbaatar Railway Joint Stock Company was established in 1949, with Mongolia and Russia each holding a 50% stake. This company operates a railway with a 1,520 mm broad gauge and a length of 1,815 km (the main track is 1,111 km long, with a total length of 1,815 km in deployment), comprising over 90% of Mongolia's railway network. The railway and rolling stock, as well as passenger transport that were constructed and put into operation 76 years ago, are still being used by our country. In other words, there have been no major overhauls in this time and most of the equipment has become obsolete. The government is currently in preliminary discussions with China and Russia to modernize the Ulaanbaatar Railway JSC, with a tripartite railway meeting scheduled to take place in Ulaanbaatar next April. During this meeting, it is expected to finalize discussions on modernizing the Ulaanbaatar Railway JSC and building new railway lines. Regarding this, the Minister of Road and Transport Development, B. Delgersaikhan, stated, "The Ulaanbaatar Railway will undergo a primary overhaul. The three countries have jointly decided to rebuild the existing railway. There is nothing to disparage about the current railway. It was built with the technology available 76 years ago, following the contours of mountains and water bodies. The first step is to improve the tracks. In modern times, technology has developed to the point where we can build tunnels through mountains or bridges over water and lay railways straight. We plan to modernize our railways accordingly. After building the tracks, we will renew all the trains, making them faster. We are currently discussing this with our two neighboring countries. A three-nation railway meeting will take place in Ulaanbaatar next April, where the discussions will be finalized," he said.

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Start of Uliastai-Altai Road Project to Boost Cargo and Trade Flows

Published: 2025-02-20 | Translated from: montsame.mn

Speaker of the Parliament D. Amarbayasgalan and Member of Parliament M. Mandkhai visited Uliastai district in Zavkhan province. After visiting a total of 37 districts in Gobi-Altai, Khovd, Uvs, and Zavkhan provinces, the Speaker met with the residents of Uliastai district. In the western provinces, 349.6 billion MNT have been allocated in the state's budget for 115 projects this year, with 104.9 billion MNT earmarked for 35 projects in Zavkhan province. During his meeting with residents of Uliastai district, Speaker D. Amarbayasgalan introduced the comprehensive regional development plans, emphasizing the start of the road project to connect the provincial centers, districts, and border ports with paved roads. As part of the Uliastai-Altai 178 km paved road project, the 40 km Uliastai-Tsagaanhairkhan section will start this year. This project aims to improve the competitiveness of transportation and logistics, enhance the capacity for passenger and cargo transport, and increase exports. Moreover, the national budget will fund the construction of the 159.5 km road from Nomrog-Songino to the Artsuur border port, creating significant trade, manufacturing, and transport opportunities for the residents of Zavkhan. The project will also include a 3.6 km link road to Tudevtei district, a 1.5 km link road to Bayanhairkhan district, and a 1.4 km link road to Tes district, along with lighting installations. Speaker D. Amarbayasgalan noted during his speech that since its establishment in 1976, the Artsuur port has enabled residents of Zavkhan, Govi-Altai, Arkhangai, and Khuvsgul provinces to engage in import-export trade with Russia, promoting local business development, increasing foreign trade volume, growing tourism, and reducing the cost of goods and products. In addition, the state budget includes the initiation of the second circuit of the thermal power plant, infrastructure works, and kindergarten building expansions in the provincial center, while a 12 km paved road over Solongot pass will also be constructed this year. The Speaker of Parliament introduced a strategic plan to ensure the laws and policies passed by Parliament are sensitive to human rights and centered around human-oriented legal principles. Meeting participants agreed that the focus should be on enhancing the productivity of agriculture, tourism, and service sectors to accelerate the development of Zavkhan province. Residents of Uliastai district proposed the establishment of tourism and recreation zones based on the needs of all age groups, renovation of the provincial center library building, expansion of the elders' center operations, and addressing hospital equipment and expansion issues. They also requested the drying up of Baga Lake in Dorvoljin district be addressed, seeking inclusion in the "One District-One Lake" project. In response to the district governor's request, information on the potential locations for reservoir construction was provided, with an agreement to promptly test the water of Baga Lake and take necessary measures in consultation with Water Affairs Director Z. Batbayar. Plans have been made to construct reservoirs on the Bogd and Chigestey rivers to solve the future water supply of Uliastai city. Participants also discussed issues such as the implementation of the Law on the Elderly, the issuance of loans under the "New Cooperative" movement, customs duties on certain imported goods, and the price differences of fuel and petroleum in rural areas. Speaker D. Amarbayasgalan and MP M. Mandkhai later participated in the Cooperative Consultative Meeting in Uliastai district. Representatives of cooperatives operating in Zavkhan province gathered to discuss the outcomes of the "New Cooperative" movement and future actions, loan issuance, repayment, tax, and insurance-related coordination, and concerns. Under this movement, 8971 new cooperatives have been established nationwide, enrolling more than 88,000 herder members. Zavkhan province has received 36 billion MNT in financing from the "New Cooperative" movement. During the consultative meeting, Speaker D. Amarbayasgalan announced that efforts would ensure the normal continuation of cooperative operations with stable government support. He emphasized that the "New Cooperative" movement provides multiple opportunities to realistically increase income, expand household production, and supply value-added products to the market, maintaining long-term returns. The Speaker called on attention to be focused on establishing central cooperatives and diversifying final product production based on the key industries of each region. This information was provided by the Public Relations Department of the Parliament.

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Collaboration with JICA to Expand Chinggis Khaan Airport

Published: 2025-02-20 | Translated from: isee.mn

First Deputy Prime Minister and Minister of Economic Development L. Gantomor met with the Extraordinary and Plenipotentiary Ambassador of Japan to Mongolia, Masaru Iwahara. During the meeting, the Minister of Economic Development, L. Gantomor, highlighted the significant support and assistance provided by the Japanese people in strengthening social protection, diversifying the economy, increasing investment, and developing infrastructure. He also expressed gratitude for being a close partner during economic difficulties and stated that efforts will be made to expand and develop Mongolia-Japan relations and cooperation within the framework of the "Special Strategic Partnership for Peace and Prosperity." Within this partnership, the Government of Japan expressed its desire to resume official development assistance to Mongolia. It was agreed to expand and increase the capacity of "Chinggis Khaan" International Airport using concessional loans from JICA as part of future development financing. The parties also agreed to intensify the implementation of the Economic Partnership Agreement and to work together to increase trade, investment, and improve the business environment. Additionally, since 2014, the Government of Japan has been funding the "Engineering and Technology Higher Education" project, or the project for 1000 engineers. They also expressed a commitment to continue supporting the activities of the Kosen Technology College, a joint effort between Japan and Mongolia. L. Gantomor emphasized that knowledge and skills are considered the 15th mega project of Mongolia.

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Presentation of Traffic Regulation Based on License Plate Numbers

Published: 2025-02-20 | Translated from: ikon.mn

A regulation to alternate traffic based on even and odd license plate numbers due to the Lunar New Year celebrations was proposed, and the results of a public survey were presented to the Government meeting for a decision. This issue was introduced at the Government meeting, and a decision was reached. According to the source, from Saturday, February 22, 2025, until the Lunar New Year, vehicles will operate under the system of alternating days based on even and odd license plate numbers. A press conference to explain this regulation in detail is scheduled for today at 11:00 AM. It was reported that in a survey conducted by the municipal administration last week, 68% of participating citizens supported the alternating traffic regulation based on license plate numbers. Note: Media organizations (Television, Radio, Social Media, and Websites) must mention the source (ikon.mn) when using this information in any form, either fully or partially.

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Traffic will be regulated by even and odd numbers from February 22 to 27

Published: 2025-02-20 | Translated from: news.mn

During the days leading up to the Lunar New Year celebration, the traffic load has significantly increased, causing severe congestion and taking up a lot of time. Therefore, it has been decided to regulate traffic by even and odd numbers from February 22 to 27. Due to the increased traffic congestion related to the Lunar New Year celebrations, the City Governor's Office proposed this measure. The majority of citizens who participated in the survey supported the implementation of even and odd number traffic regulation. As a result, D. Badarsan, coordinator of the Traffic Congestion Reduction Project, along with relevant officials from the Traffic Control Agency (TCA) and the Urban Road Planning department, will provide information.

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Companies Moving to Emeelt Eco Industrial Park Are Signing Land Use Agreements

Published: 2025-02-20 | Translated from: gogo.mn

The Emeelt Eco Industrial Park project, aimed at promoting small and medium enterprises and supporting the establishment of connections between local businesses and industries, is being implemented on 539 hectares of land in the Shar Khöviin Kholoi area of the 13th khoroo of Khan-Uul District, located 30 km from the city center. Currently, the administration of the park is located in the business incubator and training production center building. As the project continues to be fully implemented, the following organizational arrangements have been planned. The units of the park, including leather production companies and enterprises, will have a product development center, a training section for preparing skilled workers, and an exhibition hall to present their goods and products to international investors. Office of the Mayor of Ulaanbaatar and Capital Investment Department

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B.Odbayar: Six-lane road from Yaarmag to TEC-IV will be connected to the First Quarter this year

Published: 2025-02-20 | Translated from: ikon.mn

MPA Agency's special permission was used for photography. In 2025, roads will be newly built in 10 locations in Ulaanbaatar, and repairs will be made in 41 locations. The head of the Ulaanbaatar Transport Development Agency, B.Odbayar, stated that road repair and renovation work will continue in 33 locations carried over from last year. Eight more locations have been added for repair and renovation work, making a total of 41 locations for road repairs, and new roads will be constructed in 10 locations. For example, an 800-meter bridge structure connecting Naadamchidiin Street with the First Quarter, and new roads will be constructed at 10 locations such as from Tonyuuk Bridge to the Playtime Tourism Complex, and roads to Moringiin Davaa and Tsagaan Davaa landfill sites. Meanwhile, the feasibility study for the first ring road is underway. Tenders for the construction will be announced in June and the construction work will begin in August. The bridge on Naadamchidiin Street connecting to the First Quarter will be completed, as will the road from the Ard Ayush Avenue to Sodon residential complex by August. The renovation of the old Zaisan Bridge will be completed by June. Tenders have been announced for the construction of the Tuul highway, and construction is expected to start by April. This year, during road renovations, drainage systems will be installed. Roads inside residential areas where water accumulates will be equipped with drainage pipes. Sidewalks where water accumulates will be identified and drainage solutions will be implemented. The Geodesy Water Construction Agency has begun work to install 22 km of drainage pipes in seven locations in the capital city. Warning: Media organizations (Television, Radio, Social and Web pages) must always cite our source (ikon.mn) when using our information in any form, either in full or in part.

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Spending 28.6 Billion Tugriks on the LRT Project's Feasibility Study

Published: 2025-02-20 | Translated from: unuudur.mn

The Ministry of Roads and Transport has taken hold of the LRT, or light rail train project, which was "authored" by former Mayor of Ulaanbaatar, D. Sumiyabazar. During his tenure, D. Sumiyabazar had even proposed a route running light rail from Buyant-Ukhaa to Zuun Dörvön Zam, engaging in some promotional activity for it. However, the project was forgotten after he handed over the mayorship. Now, the Ministry of Roads and Transport plans to build a light rail line encircling Bogd Khan Mountain and extending to the new city of Zuunkharaa. They even plan to spend 28.6 billion tugriks on the project's feasibility study and design, which will be funded by taxpayers through the state budget. This is yet another example of how billions of tugriks can be spent on the paperwork for projects and programs initiated by the government and other state agencies. In other words, instead of building actual infrastructure, they're planning to spend 28.6 billion tugriks just on producing documents. The tender for developing the LRT project's feasibility study and design was announced by the Ministry of Roads and Transport last Monday, with an opening set for the 19th of the coming month at 10:10 AM. The LRT is considered part of the "Mongolia Reaching Upward" initiative, a grandly-named project in the government's agenda aiming to build a rope-way bridge. Additionally, it's worth noting that the Ministry of Roads and Transport had last year announced a tender to spend 55.3 billion tugriks on the preliminary feasibility study and design for the "Khöshig Valley Tunnel" project, which aims to tunnel through Bogd Khan Mountain. The company "China Design Group Co Limited" was selected to carry out this project. This 55.3 billion tugriks will also just produce paperwork, not a tunnel, and will come from taxpayers as well. On one hand, tunneling through Bogd Khan Mountain is considered wrong, and on the other hand, the public criticizes how excessive the spending is on just a feasibility study and design, demanding the cancellation of the tender, but the authorities have not heeded these calls.

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License Plate Restrictions from 08:00 to 20:00

Published: 2025-02-20 | Translated from: news.mn

Due to the Lunar New Year celebrations and the resulting traffic congestion, vehicles will participate in traffic based on odd and even license plate numbers from February 22 to 27. This announcement was made by D. Badarsan, Coordinator of the Road Congestion Reduction Project and Program, along with relevant officials from the Police Traffic Department and the Road Traffic Management Center. During this briefing, officials emphasized that vehicles belonging to foreign dignitaries, diplomatic organizations, banks, media identified cars, and also school and kindergarten staff will not be subject to these restrictions. Senior Specialist G. Otgontamir from the Preventive Division of the Police Traffic Department stated: "Traffic congestion significantly increases ahead of national festivals and the Lunar New Year, which is why we have consistently implemented odd-even traffic restrictions in phases. According to the order issued by the city mayor, for six days, from February 22 to 27, license plate restrictions will be in place from 08:00 AM to 08:00 PM. The winter zoning remains unchanged. It extends from the Tavan Shar intersection to the east, to the Chuluun Ovoo intersection, and north to the 32’s intersection. In the south, the boundary is MIS intersection and the 120th intersection. Additions include the path from MIS intersection to the 19-service center’s middle Gol road, and Mahatma Gandhi street has been added. The road goes from I Mart’s intersection onward. We kindly ask citizens to participate in traffic with the odd-even system over these six days, complying with the lawful demands of police officers and conducting yourselves with traffic manners." For instance, on February 22, vehicles with license plates ending in odd numbers will participate; February 23 will be for even numbers, and February 24 for odd numbers again. Due to the Lunar New Year, traffic loads are increasing at major markets and trading centers, slowing down transit vehicle speeds. Emergency vehicles, urgent service vehicles, and police vehicles must swiftly operate to protect citizens' lives and health, so we ask for cooperation in allowing these vehicles passage. Head of Movement Coordination and Control Branch N. Namu from the Road Traffic Management Center stated: “In recent days, traffic directed towards the major markets like Bars, Kharkhorin, Sunday, Sunday-2, Naran Tuul, and the Zuun Ail construction material market is increasing. Whereas previously travel increases started from 5:00 PM, in recent days it has begun at 1:00 PM, causing congestion. For example, on the past Tuesday, due to increased traffic heading towards the 100 Ails market, Chingeltei Avenue, Nogoonuur Street, and Street Baga Toiruu experienced traffic increase and congestion. With festivals approaching, traffic load targeting major trade centers rises. Therefore, we have taken preventive measures by implementing these odd-even license plate traffic restrictions.”

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Discussion on the Implementation of Standards and Legal Environment in the Construction Sector

Published: 2025-02-20 | Translated from: montsame.mn

The Ministry of Urban Development, Construction, and Housing, the Office of the Deputy Prime Minister of Mongolia, the Office for Improving the Legal Environment of Standards, and the Agency for Standardization and Metrology jointly organized a preliminary discussion on "Implementation of Standards and Legal Environment in the Construction Sector" at the State Palace. This discussion was held in connection with the submission of the draft law on "Standardization, Technical Regulation, and Accreditation of Conformity Assessment" to the Parliament. During this discussion, experts from the sector exchanged views on the construction code of practice as outlined in the draft of the General Law on Construction, the implementation of urban standards, current issues, and the state of accreditation of conformity assessment in the construction sector. Acting Secretary of the Ministry of Urban Development, Construction, and Housing, S. Tömörkhüü, stated, "The legal environment for standards in the construction sector is a complete system. Currently, there are 404 active standards in our sector. Although we regularly update standards, there are times when they do not meet current needs. The interrelationship between existing standards is poor. I believe that as a result of this discussion, the standards in the construction sector will further improve and continuously develop."

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From Saturday, vehicles will travel based on even and odd license numbers

Published: 2025-02-20 | Translated from: montsame.mn

Ulaanbaatar, February 20, 2025 /MONTSAME/. To reduce traffic congestion during the days leading up to the Lunar New Year celebrations, a proposal was made to implement a restriction based on even and odd numbered license plates, with public opinion being gathered. Subsequently, since 68% of participants in the survey supported this measure, it was decided to enforce the restriction on even and odd numbered license plates starting February 22. Specifically, vehicles with license plates ending in an odd number will be allowed to drive on February 22, 24, and 26. Meanwhile, vehicles with license plates ending in an even number will be allowed to drive on February 23, 25, and 27. Within the zoning area from Tavan Shar to Chuluun Ovoo intersection, and from the north side of the 32nd intersection to the Marshal Bridge, the restriction will be in effect from 08:00 to 20:00 until February 27. In recent days, the Naran Tuul, Kharkhorin, Bars-2, and Sunday-1, 2 markets, as well as the main streets leading to them, such as Namyanju Street, Ikh Toiruu, the Constitution Avenue, Moscow Street, and Narnii Zam have experienced a sharp increase in traffic. Officials reported that the average speed of movement has decreased to 5 km/h, significantly contributing to congestion. Police Lieutenant Colonel D. Oyun, head of the Prevention Department of the Traffic Police Authority, stated, "The license plate restriction does not apply to vehicles with foreign guests and representatives, vehicles with media identification marks, or vehicles of school and kindergarten teachers and staff. Additionally, emergency, police, and special service vehicles are exempt from the restriction." Senior Specialist G. Otgontamir of the Prevention Department of the Traffic Police Authority said, "According to the ordinance issued by the Governor of the Capital City, there will be restrictions in place from February 22 to February 27, from 08:00 to 20:00 every day for six days. The current zoning remains unchanged, covering the area from Tavan Shar's intersection eastward to Chuluun-Ovoo intersection, northward to the 32nd intersection, and southward to the MIS intersection, including the new area from the MIS intersection to the Dund Gol road of Service Center 19. Additionally, the road from Mahatma Gandhi Street southward to the I Mart intersection has been added. I urge citizens participating in traffic during these six days under the even and odd license plate restriction to comply with the lawful requirements set by police officers and participate respectfully. Emergency, special service, and police vehicles must be allowed to pass, as they serve the public in protecting lives and health," he said.

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Limited Traffic Based on License Plate Numbers from February 22 to 27

Published: 2025-02-20 | Translated from: itoim.mn

Due to the upcoming Tsagaan Sar celebration, the traffic load on major markets, shopping centers, and city roads has significantly increased. Therefore, from February 22 to February 27, a proposal was made to limit automobile traffic based on even and odd license plate numbers. Opinions were gathered from the public, and since more than 50% of the respondents supported the proposal, it was decided to implement the traffic limitation based on even and odd license plate numbers. Information regarding this matter was provided by D. Badarsan, the coordinator of the Road Traffic Reduction Project and Program, along with relevant officials from the Traffic Police Department (TPD) and the Transport Regulatory Authority (TRA). Additionally, according to the order attachment, some vehicles will not be subject to the area or time-based license plate limitations. Specifically, the restrictions will not affect vehicles marked with the identities of foreign guest delegations, diplomatic organizations, media organizations, and school or kindergarten staff vehicles, among others, as specified in the attachment. The head specialist of the TPD's preventive section, Major G. Otgontamir, stated: "From February 22 to February 27, the license plate restrictions will apply from 8:00 AM to 8:00 PM. The winter zone remains unchanged. This includes additional intersections such as Tavan Shar's intersection, eastward towards Chuluun Ovool's intersection, northward towards the 32nd intersection, and south to the MIS intersection and the 120,000 apartments intersection. From the MIS intersection, the Dunj Gol road near the 19-service center has been added. Furthermore, roads up to the E-Mart intersection on Mahatma Gandhi Street heading south have been added. Hence, citizens are advised to participate in traffic in compliance with the lawful requirements set by police officers and observe road etiquette during these six days by adhering to the even-odd license plate restrictions." The schedule for alternating traffic participation based on even and odd numbers is as follows: - February 22: Vehicles with odd-numbered plates can participate in traffic. - February 23: Vehicles with even-numbered plates can participate in traffic. - February 24: Vehicles with odd-numbered plates can participate in traffic. Director of the Traffic Control and Regulation Unit of the TPD, Mr. Namuun, stated: "Due to traffic heading towards shopping centers, traffic load increases during festive periods. Generally, average speed during peak loads reduces from 7 km/h to 5 km/h, posing a risk of slowing down traffic. Thus, measures are being taken. During the period from December 18 to February 1 last year, license plate restrictions were implemented. During this period, traffic control instances decreased by 40%, traffic participants decreased by 45%, and consequently, road traffic accidents also decreased, showing positive effects."

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Vehicle Number Restrictions Do Not Apply to Certain Categories

Published: 2025-02-20 | Translated from: isee.mn

The number restrictions will not apply to foreign visitors' vehicles, media vehicles, or the vehicles of school and kindergarten staff and teachers. It has been decided to impose odd and even number restrictions on February 22-27. Authorities provided detailed information on this topic today. During this event, Colonel D. Oyun, Deputy Head of the Traffic Police Department, stated, "The number restrictions do not apply to foreign visitors' vehicles, media vehicles, or the vehicles of school and kindergarten staff and teachers."

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Society

Published: 2025-02-20 | Translated from: montsame.mn

The working group to establish a tripartite agreement on labor and social partnership for 2025-2027 in Khovd aimag held a meeting on the 19th of this month. The meeting was attended by provincial leaders, the chairpersons of the trade unions and employer organizations, as well as representatives of relevant government agencies. A tripartite national committee on labor and social partnership, with equal representation to protect and represent the interests of the government, employers, and employees, has been established under the government, while sectoral committees have been set up under the governors of aimags and the capital city. In the revised labor law, there is a provision to conduct a tripartite negotiation on labor and social partnership every three years starting from 2025. In this context, Khovd representatives have preliminarily gathered proposals, and in coordination with the 2024-2028 action plans of the Government and the provincial Governor, this year's joint agreement includes more than 30 objectives across six sections. This agreement aims to improve the livelihoods of Khovd aimag residents, create a safe and pleasant environment to work and live, develop social partnership, ensure the labor rights granted by the Constitution of Mongolia, and regulate collaborative efforts to implement the policies of decent employment established by the International Labour Organization and the Government of Mongolia. During the meeting, the parties expressed their views and incorporated additional suggestions into the draft agreement, with plans to formalize the agreement in 14 days, according to the Khovd aimag Governor's Office.

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B. Batkhuu: The Bayandun Sum Aims to Develop Its Tourism Sector

Published: 2025-02-20 | Translated from: montsame.mn

Choibalsan - This year marks the 100th anniversary of Bayandun Sum in Dornod Province. The sum is the birthplace of notable figures such as D. Tsevegmid, who led the delegation for Mongolia's accession to the UN, honored teacher and diplomat, Lieutenant General B. Tseden-Ish, artist of the people O. Tsevjekjav, and State Prize laureate artist D. Choidog. The celebrations come with various initiatives, including infrastructure improvements and participation in the "One Billion Trees" national program. The Sum has declared this year as the "Year of Infrastructure Development." What major projects are planned? Since this is the 100th anniversary, our main infrastructure and other projects are focused on this. In November, we laid the groundwork for new roads between neighborhoods and improved dirt roads. Now, we are aiming to fully resolve road issues between June 2nd and 10th with local government investment and participation from the mining businesses operating here. Once we resolve the road foundations, we aim to maintain them regularly. We have established a Local Public Services Agency responsible for this, allocated budget for staffing, and secured technical equipment. We are introducing new, cost-effective technology for road construction with hard-surface lanes. 80 cm wide and 6-12 meter long prefab panels with reinforced frames will be cast at ground level. How expensive is this work? Can you share how it will be fixed in the ground? It costs about 10 million tugriks. We install 20 cm thick concrete panels after excavating the ground and firmly place them using two 80 cm long poles. If successful, roads will be two lanes next year. A local business owns the patent. The bridge over the Ulz River seems to be in bad shape. It will soon be spring, and water will begin flowing? One of the two bridges over the Ulz River has collapsed, and the other is quite deteriorated. As the ground thaws and water flows by April, bridge usage will be affected. Starting on the 17th, we are beginning work on a 12-20 meter long, fully metal structure bridge across the Ulz River. Drilling for the foundations has begun. We've covered some material costs in the Local Development Fund, with the remaining financed by mining companies under social responsibility commitments. In total, we plan three metal bridges and one reinforced concrete bridge over four main rivers. We also plan to repair the Uliin Pass road, linking projects to the central roads. How is the "One Billion Trees" national program being implemented in your Sum? To achieve results from the "One Billion Trees" program, we plan to conduct tree planting, soil preparation, and green space technology training in March, April, and May. Initially, local tree planters will receive training, followed by specialized teachers. In May, we will collaborate with households to implement green space planning, ordering ornamental and fruit-bearing trees from nurseries. Given that neighboring Bayan-Uul Sum has a forestry camp, we are discussing cooperation with their governance. Our budget includes financing for green space works, estimated at 300 million tugriks. Also, in honor of the 100th anniversary, local initiatives and contributions are sought to expand the Naadam area, with plans ready by February 20. Your Sum is among the few without a "Development Master Plan." How do rural sumas envision structured, professional future development? On an official visit to Ulaanbaatar, we contacted the company tasked with our development plan draft in 2013-2014, which went incommunicado. We asked for the plan to be delivered this month, hopeful for resolution. Once local council matters are settled, we aim to build standard neighborhoods with construction company discussions underway. Private sector involvement and the adoption of most feasible budget options are being considered. If we complete our General Development Plan this year, we can focus on centralized heating next year. We've completed flood drainage system planning and plan to include the Bayandun-Bayan-Uul 60 km paved road in the national budget, seeking support from our MPs. If unresolved this year, we'll target the 2026 budget. Our school gym's condition necessitated new blueprints for a replacement, aiming to secure placement in next year's package if submitted by June 1. How is the preparation for the 100th anniversary? How far along is it? We have allocated 750 million tugriks for must-do improvements, including the Three Manly Games prizes, venue repairs, waste solutions, and green projects. We have 300 million raised and sponsors found, orchestrating funds collection this month. We'll strategize securing the remaining financing. How is staffing for public service in your Sum? We face significant staffing shortages in public administration, with vacancies in environmental and animal health inspection among around 8-9 positions. We focus on pre-exam preparations for the Civil Service Exam. What outcomes arose from the recent mining discussion? Your Sum has experienced issues related to unregulated mining activities. How do you plan to address this as a new Governor? We have 19 exploration licenses, 13 of which overlap. We plan measures to revoke these overlapping licenses. Among these, 19 springs overlap in some areas. We aim to prioritize key deposits with higher economic prospects and lower environmental impact, aligning with our runoff resolutions. Despite our ranking sixth nationally for licenses, reclamation efforts have stalled. It appears past investments eluded transparency, understood during the recent discussion. Plans will see enterprises annually briefing locals on projects, reporting on agreement implementation. Are there ways to address environmental damage from mining in places like Tsagaanchuluut Valley and Khannan Spring? Over 30 years of abnormal mining altered six large valleys, turning places like the long Tsagaanchuluut Valley from springs to red dirt and holes. Khannan Spring is gone. It has affected Rashaant Valley, Uwlujee, Bayangol, and other springs as well. Some excavated wide and left untouched. Some sites returned without reclamation. We insist on reclamation before reverting any site. What are the objectives for the upcoming herders meeting? I assume tourism is becoming a focus following your "Bayandun's 100th Winter" event? At the herders meeting, strategies to boost herders' incomes and improve average herd productivity by 15-30% will be shared. Ten local exemplary households showcase efforts for wider application. Nationally, we struggle to establish healthy livestock industries, yet aim for healthy sectors locally, possibly at the subdistrict or settlement level. Our Sum relies on trade, agriculture, livestock, skins, and mining for modest economic contribution. We see potential in tourism revenues. Our Sum ranks fourth for producing scholars and professionals. We aim to leverage this in tourism by promoting unique natural and historic attractions. Events like our recent winter festival took place in rarely seen scenic locations. Bayandun's Shiliin Lake area, located near a forested clear lake, 10 km from the Sum center, with infrastructure potential. The adjacent significant resource of Tsagaanchuluut recently saw infrastructure efforts. The 35 kW line at Bayandun aligns with the lake's connectivity. Developing tourism infrastructure at the former Russian camp location presents an opportunity. Initially, local residents are exploring tourism ventures. Scheduled for June 20, the aim is to involve 13 villages in regional art and sport tour activities. Thank you for the interview.

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Arkhangai: Transforming into a Leading Tourist Destination

Published: 2025-02-20 | Translated from: montsame.mn

A comprehensive policy document titled "Leading Tourist Destination in Arkhangai" has been developed and approved to promote sustainable development goals and support multi-faceted cooperation based on local communities. This document, set to be implemented from 2023 to 2032, aims to develop tourism in the Arkhangai region by leveraging its natural, historical, and cultural resources, in line with environmental management and service standards. The document highlights the ambition to make the unique natural landscapes and nomadic cultural heritage of the Khangai region a model tourist destination recognized at national, regional, and global levels. Key policy values include ensuring tourism is valuable, productive, inclusive, sustainable, environmentally balanced, and infused with new ideas and innovation. The goals for developing the tourism region in Arkhangai aim to: - Become a central hub for tourism development, - Develop regions for combined nature-history-culture tourism, - Develop regions specific to historical and cultural tourism, - Promote eco-tourism regions, - Establish a special protected area (including recreational and therapeutic tourism), - Develop sub-regions for special interest tourism that complement other tourism areas, providing opportunities for combined development, while increasing the duration of stay of tourists passing through the provincial center.

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Push to Repeal or Amend the Broadcasting Law

Published: 2025-02-20 | Translated from: unuudur.mn

"The shows broadcast simultaneously on 18 television channels, funded by forced contributions from every household, are brainwashing. It's akin to a path of dictatorship. Be aware," warned Member of Parliament A. Undraa on social media. The broadcast of 'National Wealth Fund,' which aired over the weekend on all broadcasting television channels with the government's propaganda of 'Each year, 10 million MNT will be deposited into your bank account,' has frustrated not only the public but also the parliamentarians. "Journalists in countries with a free press must verify and convey truthful government information. They should not broadcast information that is prepared and crafted by the press offices to mislead the public and redirect their opinions with hidden PR tactics," said Dr. S. Amartuvshin, a teacher of the Journalism Department at the Mongolian National University of Education. Moreover, Dr. Munkhmandakh, Executive Director of the Press Institute, commented: "State institutions' attempts to control information through a single stream by providing their formulated information to the press is a form of censorship. They need to stop broadcasting staged information and attempting to manipulate social psychology." Such actions by the authorities are not isolated incidents. Their PR team frequently produces content aimed at brainwashing the public and broadcasts it on all public television channels. Televisions devote time generously to these government PR broadcasts, likely due to the subsidies they receive from the government. Furthermore, it is speculated that the government might give additional taxpayer money to channels to air their programs. Specifically, according to the Broadcasting Law, taxpayer money is given to private commercial TV stations. In response, Member of Parliament D. Enkhtuya expressed frustration, stating, "If this continues, the law will be nullified. A dictatorship is forming." She also suggested that the Broadcasting Law should be repealed or amended. Yesterday, she wrote on "X Network," "This 'conspiracy' law is infringing on the rights of the televisions to operate independently. Moreover, it is infringing on citizen's rights to know and receive diverse information." Article 20.1 of the Broadcasting Law states that state support for the development of broadcasting is provided through the Broadcasting Development Fund, which aims to enhance national radio and TV production. Support is provided to ensure that the broadcasting service is accessible to people in remote, underserved areas and to produce content of high cultural and historical value. This Fund is one of the government’s special funds and is financed from the state budget. Moreover, citizens pay a fee of 2500 MNT monthly through IPTV service providers to member televisions of the Mongolian Television Association.

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The 17th International Conference on Mongolian Studies Held in Washington

Published: 2025-02-20 | Translated from: montsame.mn

The 17th International Conference on Mongolian Studies was organized in Washington on February 14-15, jointly by the Embassy of Mongolia in the USA and the Mongolian Cultural Center. In his opening remarks, Ambassador B. Batbayar noted that "Mongolian studies in the USA hold a leading position on the international stage, and the contribution of American scholars to the further development of Mongolian studies worldwide is vital. Organizations such as the Mongolian Cultural Center, universities, and independent researchers have made valuable contributions to promoting Mongolia's rich history, cultural heritage, and traditions in the USA." Over 30 scholars and researchers from George Washington University, University of Pennsylvania, University of South Carolina, University of South Dakota, Rogers University, East Tennessee State University, Western Washington University, New York University, Yale University, University of Toronto, Laval University in Canada, Istanbul University, the Center for Mongolian Studies in America, as well as our country's own universities such as the Health Sciences University of Mongolia, the Mongolian National University, the University of Culture and Arts, and Otoch Manramba University participated in the conference and presented their research. Discussions were held on topics related to Mongolian history, linguistics, culture and arts, archaeology, traditional medicine, ethnography, environment, and social issues. During the conference, researchers William W. Fitzhugh and Richard D. Kortum launched their book "Ritual Landscape: Rock Art and Archaeology in the Mongolian Altai," and participants were introduced to rare books and works related to Mongolia at the Asian section of the Library of Congress. The conference saw the active participation of researchers from both the USA and Canada, making it a North American regional event.

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Environment

E. Battulga: There is a shortage of personnel working in the environmental sector

Published: 2025-02-20 | Translated from: gogo.mn

The discussion entitled "Implementation of Standards and the Legal Environment," organized by the working group tasked with providing proposals and conclusions for updating the legal framework of standards, under the order No. 84 of 2024 of the Speaker of Parliament, in collaboration with the government, is continuing for its second day. In the afternoon, the discussion focused on "Environmental Standards and the Legal Environment," where various issues were deliberated. Member of Parliament and head of the working group, O. Batnairamdal, briefly mentioned past discussions on construction, health, and food standards at the beginning of the discussion and expressed his wish for continued cooperation with the working group to actively participate in resolving sectoral issues. He further stated that there are many overlapping standards affecting the quality of life, health, and safety of individuals. He expressed his hope that participants would discuss solutions in addition to the current issues today. The discussion was attended by Member of Parliament O. Saranchuluun and representatives from the sector. The first presentation was delivered by E. Battulga, the State Secretary of the Ministry of Environment and Climate Change, on the topic "Policy and Legal Environment Issues in the Environmental Sector." In 2022, technical inspections were conducted on 361 standards related to the environment and tourism sector, with 3 standards revised and 8 new standards developed last year. In the sector, 94 regulations are in effect. An analysis of the sector's laws and the rules and regulations issued under them is required to provide an interaction and coherence map. E. Battulga emphasized the necessity of addressing the shortage of qualified personnel and the need for policies to provide scholarships. S. Enkhmaa, Head of the Environmental Monitoring and Surveillance Department of the Meteorological and Environmental Research Agency, presented the current state of environmental quality monitoring and solutions. In Ulaanbaatar, there are 24-hour air quality measurements conducted by 15 accredited laboratories and 7 non-accredited laboratories, with a total of 110 engineers and technicians. Challenges in human resources and funding were highlighted, and the potential to establish regional laboratories was expressed. Following this, presentations were made on "Environmental Monitoring and Challenges during Environmental Assessment" by B. Zayaatokh, a member of the Association of Environmental Assessment Practitioners and Director of MCTB LLC; "Health and Environmental Standards" by L. Battor, Head of the Department of Public Health Policy of the Ministry of Health; and "Accreditation of Environmental Conformity Assessment" by Z. Munkhbat, Senior Specialist of the Policy Implementation Coordination Office of the National Accreditation Center. Participants in the discussion asked questions and expressed their views related to the presentations. Proposals and recommendations from the discussion will be prepared and presented at the unified discussion scheduled for tomorrow, as reported by the Parliament's Press and Media Department.

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Warning: 36.2% of Fires Caused by Electricity

Published: 2025-02-20 | Translated from: news.mn

In the past 5 years, 53.4% of the 8,169 structural fires were caused by citizen negligence, 36.2% or 5,538 times by electricity, and 10.4% or 1,591 times by other reasons. Fires caused by citizen negligence include 32.5% from candles, lamps, cigarettes, and matches, 37.2% from open fires and ashes, and 24.6% from stove and chimney failures. Most winter fires occur in houses and gers (traditional Mongolian dwellings), with stoves and chimney problems being the main causes. Fires often occur from openly dumping hot ashes, heating frozen cars and items with open flames, gas, or torches. Electrical fires, accounting for 46.2% or 2,559 times, were due to usage errors, 36.5% or 2,021 times due to installation errors, and 17.3% or 958 times due to technical malfunctions. Citizens often cause electrical overloads, use poor-quality power strips, extend wires, and make poor connections leading to shorts and resistance issues. Self-installation without professionals also leads to fire risks. The National Emergency Management Agency provides updates on incidents and emergencies. Fires: In Selenge province, Sukhbaatar district, a car was reported on fire at Tsagaan Ereg at 09:52. Firefighters from the 36th unit put out the fire in a "Sonata" sedan. In Ulaanbaatar's Nalaikh district, 4th khoroo, smoke from a wall stove was reported at 11:31. Firefighters from the 28th unit extinguished a fire in a two-story, 8x8 meter house. In Orkhon province, Bayan-Undur district, Ikh Zaluun bag, a house fire was reported at 17:48. Firefighters from the 81st unit extinguished a fire in a 10x6 meter house. In Dornogovi province, Zamyn-Uud district, 2nd bag, a house fire was reported at 17:53. Firefighters from the 17th unit extinguished a fire in a 10x5 meter house. In Darkhan-Uul province, Darkhan district, 6th bag, a house fire was reported on February 20 at 01:58. Firefighters from the 22nd unit put out the fire in a house. In Ulaanbaatar’s Bayangol district, 27th khoroo, a garbage dump fire was reported at 02:10. Firefighters from the 10th unit extinguished the fire in a 2x6 meter garbage area. In Khaan-Uul district, 9th khoroo, a house fire was reported at 21:58. Firefighters from the 30th unit put out a fire in a 6x7 meter house. In Songinokhairkhan district, 5th khoroo, a shed fire was reported on February 20 at 05:38. Firefighters from the 26th unit extinguished a fire in a 2x3 meter shed.

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P. Surenzhav: The 110-unit housing of the Bayankhoshuu sub-center incorporates grey water and solar power technology

Published: 2025-02-20 | Translated from: ikon.mn

In the territory of Songinokhairkhan district, the first phase of the 110-unit apartment housing in the Bayankhoshuu sub-center is planned to be put into use in the second quarter of this year. The architect of the Ulaanbaatar City Green Residences Project, P. Surenzhav, stated that the project for housing in the Bayankhoshuu sub-center is being implemented with loans and assistance from the Asian Development Bank and the Green Climate Fund, or foreign loans and aid. In 2019-2020, 5.5 hectares of land in the Bayankhoshuu sub-center were cleared, and the design of five-story eco-apartment buildings for 462 households was completed, moving into the construction phase. The first phase includes a four-story apartment building with a basement for 110 households, which is set to be completed in the second quarter of this year. Currently, the infrastructure works have been handed over to the state commission, and the interior finishing of the building is being completed. The remaining 362 apartments will be five-story buildings with basements, and the progress of the work has reached 30%. These eco-apartments incorporate technologies for the use of grey water and solar power. During peak energy loads, they will be fed from the central system; during low loads, they have the principle of supplying energy back to the central grid. The solar power generator can provide over 60% of the household's energy needs. Water used in bathrooms and kitchens is planned to be purified again for use in toilets, while rainwater from the roof will be utilized on external grounds. This will save 25% of thermal energy, 20% electricity, and 22% water. The exterior insulation of the apartments consists of foam glass and mineral wool, which are fire-resistant and have low thermal loss. In the future, an additional 20 hectares of land will be cleared in the Bayankhoshuu sub-center to build 2,338 eco-apartments. Warning: Media organizations (Television, Radio, Social and Web pages) must note that if using our information in any form, whether in full or partial, they must always cite their source (ikon.mn).

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Innovation

Mongolia's cyber security status is categorized as developing

Published: 2025-02-20 | Translated from: unuudur.mn

The results of a current study on the level of cyber security in Mongolia, as well as information on future measures to be implemented, were presented by scholars from Oxford University and officials from the Ministry of Digital Development, Innovation, and Communication. The organizers emphasized that this research aims to take more effective and measurable actions to improve Mongolia's cyber security. During the event, Oxford University's cyber security researcher Luis Axon said, "The Center for International Cyber Security Capability has developed a model to determine the level of a country's cyber security. Within this framework, we conducted this research. In other words, the goal is to identify pressing issues to address and develop suggestions and recommendations for progress to the next stage. The evaluation of Mongolia's current cyber security level was done using five key metrics: standards and technology, policy and strategy, legal and regulatory frameworks, knowledge and skills, and culture and society. We are now presenting the pathways, guidelines, and recommendations for future action. Internationally, the level of a country's cyber security is divided into five categories: inception, developing, established, strategic, and dynamic. Mongolia falls into the 'developing' category. In other words, while the policies and rules are aligning and inter-sectoral collaboration is evening out, there is doubt about their implementation. Therefore, it is necessary to further improve and update the Cyber Security Law and strategy. It is also important to enhance the coordination between centers combating cyber attacks and violations." S. Javkhlan, director of the Public Center for Combating Cyber Attacks and Violations, stated, "The study assessed cyber security readiness on five levels. According to the report of the International Telecommunication Union, Mongolia scored 56 out of 100, indicating it is just in the 'developing' stage. The results of the study conducted in collaboration with Oxford University are similar. On one hand, we are rapidly transitioning to the digital realm, making any information easily accessible and more transparent and open, but there is very little assurance that nothing will be lost. According to a United Nations international study, Mongolia ranks 46th in terms of digital development. Despite this rapid progress, its security index is twice as slow or poor."

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Green Business Development Accelerator Program Held in Khuvsgul Province

Published: 2025-02-20 | Translated from: ikon.mn

The Green Business Development Accelerator Program for food and beverage producers is being held in Murun city, Khuvsgul province, on February 19-20. In Khuvsgul province, there are a total of 1813 businesses, 213 of which are manufacturing enterprises. This program aims to support the transition to an eco-friendly circular model and involves 160 micro, small, and medium-sized businesses and household producers of various food products, such as wild berries, dairy products, and greenhouse vegetables. Some participants operate in the provincial center, while others have traveled from remote areas like Tomorbulag, Tunel, and Bayanzurkh. P.Enkhzul, Master of the New Taste Company, stated: "Since 2002, our organization has been producing bakery products. Since 2018, we have been producing jams, syrups from wild berries such as lingonberries, blueberries, and sea buckthorns. Because we aim to become an eco-friendly production, I participated in this training. I understood that by measuring water usage with meters, our company could save water. We also got a new idea from the training — a return incentive system for our glass packaging." For two days, these business owners have been accumulating comprehensive knowledge on the circular business model and environmental management, and they are learning how to implement them at their production levels. As a key area for tourism, businesses in Khuvsgul province have the unique advantage of being able to supply products not only to local consumers but also to both domestic and foreign tourists. E.Bat-Orshikh, consultant instructor of the "Accelerator" program for the Economic Green Transition Project, emphasized: "It is important to incorporate the local uniqueness into the market-distributed food products, such as crops and meat grown in this beautiful region, and to make them eco-friendly with eco-labels. This way, local producers could benefit from the tourism sector. Therefore, small and medium-sized business owners, especially in the food and beverage sector in Khuvsgul province, need to have a good understanding of eco-labeling, educate their market, and be prepared to offer quality products to knowledgeable consumers. Our project is organizing a two-day accelerated training to provide knowledge in this direction." This training is organized by the Economic Green Transition project team, funded by the European Union's Switch-Asia program, in partnership with Khuvsgul Provincial Government, World Vision Mongolia's Khuvsgul NIR, the National Chamber of Commerce and Industry's Khuvsgul branch, and Eco Mami NGO. Participants also attended mentorship meetings, where they received information about the opportunities for green loans, eco-labeling, and environmental assessment through transitioning to a green model. The "Economic Green Transition" project, funded by the European Union's Switch-Asia program, aims to gradually support transition to a circular economy with low carbon emissions and efficient resource use, thereby rapidly reducing poverty. This project is being implemented over four years by the People in Need NGO, the Mongolia Sustainable Finance Association, the Development Solution NGO, and Caritas Czech Republic NGO. The project aims to implement a market-based eco-labeling and green certification system in the food, water, and beverage sectors for MSMEs and retailers, providing them with knowledge and training to change habits and behaviors and enabling them to access sources of green financing, thereby supporting their transition to a circular economy. Economic Green Transition Project Alert: Media organizations (television, radio, social media, and websites) must cite the source (ikon.mn) when using our information in any form, either in full or in part.

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Use of Artificial Intelligence and Cybersecurity Discussion is Underway

Published: 2025-02-20 | Translated from: montsame.mn

Last week, the Ministry of Digital Development, Innovation, and Communication introduced and discussed the "National Strategy for Big Data and Artificial Intelligence" with the public. Now, they are organizing a discussion on the topic "Use of Artificial Intelligence and Cybersecurity" in collaboration with scholars from Oxford University. The growing use of artificial intelligence and the dependency on it are having a significant impact on the societies and economies of countries. Therefore, countries around the world are paying special attention to this issue. Specifically, sophisticated skills are required to effectively regulate the impact of artificial intelligence on national and international cybersecurity, and countries around the world need to thoroughly study the current use of artificial intelligence and future trends, including potential risks. This training is important in identifying the necessary skills and requirements that are lacking in human resources for cybersecurity. The training included participation from government, private sector, regulatory agencies, civil society organizations, and educational institutions. The Cybersecurity Competence Center at Oxford University has over 10 years of experience in studying the national cybersecurity capabilities, developing effective programs to enhance those capabilities, and has developed measures for the use of artificial intelligence and readiness to ensure its security.

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Improving English Language Teaching with British Investment

Published: 2025-02-20 | Translated from: unuudur.mn

In order to enhance the English language proficiency of teachers in Mongolia, the Government of the United Kingdom of Great Britain and Northern Ireland has decided to provide a grant of 500,000 pounds sterling. The British Government and UNICEF have signed an agreement to implement this initiative, which will be overseen by the Ministry of Education. Regarding this, the Minister of Education, P. Naranbayar, stated, "During the visit of the UK's Secretary of State for Foreign, Commonwealth and Development Affairs to Mongolia, a promise was made to allocate 10 million pounds sterling to improve English language teaching in Mongolia's educational institutions. Despite political instability and a government change in the UK, efforts by the Ambassador Extraordinary and Plenipotentiary to Mongolia, as well as relevant parties, have resulted in an initial grant of 500,000 pounds sterling to be offered. This will be used to enhance the English language skills of teachers in remote provinces, facilitate short- and medium-term training abroad, and conduct foundational research in the English language."

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Foreign Nationals Can Print Their Residency Permits from a Kiosk Machine

Published: 2025-02-20 | Translated from: gogo.mn

The channel for issuing residency permits for foreign nationals has been expanded, and a kiosk machine that allows individuals to print their own residency permits has been installed at the One-Stop Service Center for Investors located in Building 11 of the Government in Chingeltei District, and has been put into service. Inviting citizens, businesses, and organizations can apply for new residency permits for foreign nationals, extend them, change their type, or request new permits through the electronic service system. When applying, they can choose the "Residency Permit Printing Kiosk Machine" option. Once their request is approved and a notification is received, they will be able to print their residency permit from the kiosk machine. To print the residency permit, the authorized representative of the requesting citizen or business entity (the citizen who submitted the request) must enter their registration number and the phone number registered with the DAN system. An authentication code will be sent to that phone number, allowing access to the system. Thus, it has become possible to quickly and conveniently print the foreign national's residency permit on location within 2-5 minutes.

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Orkhon: Investment in the Education Sector

Published: 2025-02-20 | Translated from: montsame.mn

In Bayan-Öndör, the Office of the Governor of Orkhon Province and "Erdenet Mining Corporation" LLC collaborated to present materials worth 9.3 million MNT to support the health, care, and physical development of children with disabilities at the 27th kindergarten. In addition, the company invested 6 million MNT to improve the public space at the 13th school, creating opportunities for children to spend their free time productively and do their homework. Since 1997, "Erdenet Mining Corporation" LLC has been collaborating with the provincial leadership to enhance the well-being of the citizens of Orkhon Province and fulfill its social responsibility. The company has supported various activities aimed at protecting the environment, advancing education, health, culture, art, sports, and state institutions. In 2025, "Erdenet Mining Corporation" LLC plans to invest 105 million MNT in 12 types of joint activities. Additionally, in 2024, the company successfully planned and completed 13 cooperative efforts. As part of its commitment to social responsibility, "Erdenet Mining Corporation" continues to provide investment and support annually to specific sectors, along with other enterprises operating in Orkhon Province.

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Health

NCCD: Second Imported Case of Measles Confirmed

Published: 2025-02-20 | Translated from: gogo.mn

A measles outbreak is being registered. The National Center for Communicable Diseases (NCCD) reported that a case of measles, with a travel history to Vietnam, was confirmed by laboratory tests. The NCCD warned passengers of flight VJ3200 from Phu Quoc, Vietnam to Ulaanbaatar, who arrived in Mongolia on February 18th, to contact the NCCD hotline at 100 or the emergency department if they exhibit symptoms such as fever, rash, cough, runny nose, or eye inflammation. This is the second imported and confirmed case from that country this month. Measles is a viral respiratory infection, and anyone who has never contracted the disease or been vaccinated is at risk. Children are at risk of severe illness or death. Therefore, it is recommended to vaccinate children aged 9 months and 2 years against measles, mumps, and rubella at local public health centers according to the national vaccination schedule, free of charge. Additionally, it is advised to wear a mask and disinfect hands when going to public places. Vaccination is also available at the NCCD's voluntary immunization clinic. The source: NCCD

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Discussing Collaboration with Scientists and Researchers to Ensure Food Safety

Published: 2025-02-20 | Translated from: montsame.mn

The sixth meeting of the Council of Scientists alongside the "Food Revolution," established by the decree of the Office of the President of Mongolia, was held. This council aims to support the implementation of measures in accordance with the policy for developing science and technology by coordinating with the national "Food Supply and Safety" movement initiated by the President of Mongolia, as well as the 36th resolution approved by the Parliament and the action plan. With the goal of enhancing inter-sectoral coordination, the council's membership is expanded by about 20% annually, now operating with 28 scientists and researchers. During this meeting, they discussed intensifying the results of the national "Food Supply and Safety" movement, introducing new techniques and innovations, and collaborating with scientists and researchers to ensure food safety. The work plan for 2025 was also approved.

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MoH: Five Types of Chemotherapy Drugs Ready to be Received from South Korea

Published: 2025-02-20 | Translated from: gogo.mn

In our country, more than 40 types of cancer chemotherapy drugs are used. The Ministry of Health (MoH) has announced that five types of quality-assured chemotherapy drugs are ready to be received and used from South Korea as part of a single-source agreement. Initially, these drugs will be used for patients undergoing treatment at the National Cancer Center, with plans to gradually introduce them to all hospitals providing cancer chemotherapy across the country. Furthermore, negotiations are underway to increase the number of chemotherapy drugs up to 20 by 2025.

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CENTRAL: Modern Specialized Surgery Became Possible at the Provincial General Hospital

Published: 2025-02-20 | Translated from: montsame.mn

A new modern anesthesia and unified surgery department has been established at the Provincial General Hospital that meets contemporary standards. This department includes two vacuum sterile rooms with "International Class 1000" standard for surgery, and one standard operating room. All equipment and special room fixtures were manufactured in South Korea. The capability to perform complex procedures such as organ transplants, cardiac surgery, high-risk surgeries, and neurological surgeries has been enabled, making it the first of its kind among regional hospitals and diagnostic and treatment centers. The construction, which cost 1.2 billion MNT from the state budget, was executed by "Med Buyan" LLC, beginning in July 2024 and delivered today. Additionally, "Med Buyan" LLC has undertaken all additional furnishing for the department. The Central Provincial General Hospital provides outpatient services to 155,000 clients and inpatient services to 13,000 clients annually. Over the past 5 years, an average of 1,330 surgeries and procedures have been performed each year, and the range of surgeries is expanded annually.

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Traffic Accidents Become Leading Cause of Death for Ages 5-29

Published: 2025-02-20 | Translated from: gogo.mn

Traffic accidents cause about 1.2 million deaths each year, or approximately 3,200 deaths per day, becoming the leading cause of death among children and young people aged 5-29. The 4th Global Ministerial Conference on Road Safety is taking place from February 18-20, 2025, in Marrakech, Morocco. Representing Mongolia, Secretary of State of the Ministry of Transport, S. Batbold, and other delegates are participating in the conference. The high-level meeting, organized by the Government of Morocco and the World Health Organization under the slogan "Dedicated to Life," aims to accelerate actions towards the Sustainable Development Goals target of reducing global road traffic deaths by half by 2030. The Ministry of Transport reports that the conference fosters multilateral discussions among ministers, leaders, and experts from the field.

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Today's Stories

Politics

Economy

Diplomacy

Infrastructure

Society

Environment

Innovation

Health

Politics

J. Batzandan: If Strategic and Endowment Deposits Were Illegally Acquired, We Will Not Negotiate and Will Revoke Licenses

Supreme Court to Deliver Verdict to Individuals Involved in the Development Bank Case Tomorrow

J.Batzandan: The NSC and the Minister of Justice Should Provide Their Conclusions on Strategic Deposits to Me Before I Decide on Negotiations

The Development Bank Case Judgment will be Delivered

Economy

Reuters: Orano Sees Mongolia as a New Uranium Source

SUMMARY: "Erdenes Tavantolgoi" JSC, which accounts for 40% of Mongolia's coal exports, reported on its operations

Mongolia's Bond Risk Premium Drops to Historic Low of 2.27%

Under the "White Gold" national movement, 788 billion MNT in loans will be disbursed to light industries in 2025

Income Falls, No Choice but to Adjust the Budget

Coal Prices Decrease by 2.3% Causing a Drop in Coal Transportation and Export Risks

Maintaining the Continuous Reliability of International Payments and Settlements

Coal Prices Drop by 30%, Leading to a 776 Billion Deficit in Budget

G. Gantulga: The Decrease in Coal Prices Creates Challenges for the Stock Exchange

The Share of the US Dollar in SWIFT Increases

"Erdenes Tavan Tolgoi" JSC operated with a net profit of 4.5 trillion MNT

The "White Gold" National Movement - Government and Private Sector Consultation Meeting to be Held

“Erdenes Tavan Tolgoi” to distribute dividends in February and April

Diplomacy

New Zealand Deputy Prime Minister and Minister of Foreign Affairs to Visit Mongolia

The Ambassador of the Holy See Presented His Credentials

Mongolia Advances 14 Places in Soft Power Index

The Polytechnic College in Bulgan Aimag Expands Its Foreign Relations

Mongolian Foreign Minister Holds Official Talks with Oman's Foreign Minister

Infrastructure

Ulaanbaatar Railway JSC to be Modernized by Mongolia, China, and Russia

Start of Uliastai-Altai Road Project to Boost Cargo and Trade Flows

Collaboration with JICA to Expand Chinggis Khaan Airport

Presentation of Traffic Regulation Based on License Plate Numbers

Traffic will be regulated by even and odd numbers from February 22 to 27

Companies Moving to Emeelt Eco Industrial Park Are Signing Land Use Agreements

B.Odbayar: Six-lane road from Yaarmag to TEC-IV will be connected to the First Quarter this year

Spending 28.6 Billion Tugriks on the LRT Project's Feasibility Study

License Plate Restrictions from 08:00 to 20:00

Discussion on the Implementation of Standards and Legal Environment in the Construction Sector

From Saturday, vehicles will travel based on even and odd license numbers

Limited Traffic Based on License Plate Numbers from February 22 to 27

Vehicle Number Restrictions Do Not Apply to Certain Categories

Society

KHOVD: Labor and Social Partnership Tripartite Negotiation to be Held

B. Batkhuu: The Bayandun Sum Aims to Develop Its Tourism Sector

Arkhangai: Transforming into a Leading Tourist Destination

Push to Repeal or Amend the Broadcasting Law

The 17th International Conference on Mongolian Studies Held in Washington

Environment

E. Battulga: There is a shortage of personnel working in the environmental sector

Warning: 36.2% of Fires Caused by Electricity

P. Surenzhav: The 110-unit housing of the Bayankhoshuu sub-center incorporates grey water and solar power technology

Innovation

Mongolia's cyber security status is categorized as developing

Green Business Development Accelerator Program Held in Khuvsgul Province

Use of Artificial Intelligence and Cybersecurity Discussion is Underway

Improving English Language Teaching with British Investment

Foreign Nationals Can Print Their Residency Permits from a Kiosk Machine

Orkhon: Investment in the Education Sector

Health

NCCD: Second Imported Case of Measles Confirmed

Discussing Collaboration with Scientists and Researchers to Ensure Food Safety

MoH: Five Types of Chemotherapy Drugs Ready to be Received from South Korea

CENTRAL: Modern Specialized Surgery Became Possible at the Provincial General Hospital

Traffic Accidents Become Leading Cause of Death for Ages 5-29

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