Jan 21, 2025 76 min read Daily News Summaries

Mongolia News Summary for January 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

Information on Foreign Loans and Scholarships Remains Concealed and Under ‘Special Protection’

Published: 2025-01-20 | Translated from: unuudur.mn

Imagine two students who have studied at domestic and foreign universities with education loans. The student who studied abroad received approximately 300 million tugriks in financial aid over four years. Meanwhile, the one who stayed local received a loan of eight million tugriks with a favorable interest rate. However, both students failed to fulfill their contractual obligations and were unable to repay their loans on time. Interestingly, only the name of the student who attended the domestic university was listed in the Mongol Bank’s loan information system as a defaulter, essentially putting them on a "black list." On the other hand, the student who received foreign education support, which was 37.5 times higher, still has a clean record despite not fulfilling their obligations. This example may strike you as extremely unjust. How could such a system exist? Unfortunately, in Mongolia, such an inequitable and distorted system has been operating for a long time. It’s possible that you or someone in your family, friends, or acquaintances has experienced such discrimination. The government, through the Education Loan Fund, has been harshly holding domestic students accountable while concealing details and providing special protection to those who study abroad. Since 1997, the government has distributed loans, scholarships, and non-repayable assistance amounting to 1.3 trillion tugriks to around 1.4 million students on a non-repetitive total basis. In spring 2023, the scandals surrounding the Education Loan Fund drew public attention, leading to discussions on tightening, reforming, and increasing the transparency of the fund’s procedures. Despite this, when evaluating how much more open, transparent, and fair the fund's operations have become, especially regarding foreign scholarships and loans, things remain unchanged and information stays hidden under someone's "special protection." Eighty percent of the total loans and scholarships distributed have been allocated to domestic university students, which amounts to more than 900 billion tugriks. This means the majority of financial support is distributed domestically. However, the disparity between the amounts given to individuals is vast—foreign students receive significantly more. For example, the Education Loan Fund provided loans ranging from 110 million to about one billion tugriks for students studying abroad on average, compared to domestic recipients who received between 750,000 and 18 million tugriks in financial assistance. While the repayment rate for loans given to domestic recipients is currently 98 percent, for those studying abroad, it is only four percent. By 2024, of the total loan repayments of 14.6 billion tugriks, 12.3 billion will be from domestic students and 2.3 billion from those educated abroad. From this, it's clear that the repayment, and thus the benefit, of domestic funded loans are much higher compared to foreign ones. However, only the information of domestic loan recipients is recorded in the Mongol Bank's credit information database, illustrating an unfair system where those educated abroad who have not repaid their debts face no repercussions or "blacklisting." It appears both the government and particularly the Ministry of Education might have hidden interests and intentions in keeping information about foreign loans and scholarships undisclosed. The Education Loan Fund's budget and service types have tripled since 2020. In 2023, the fund received 91 billion tugriks, increasing to 105 billion last year, and reaching 158 billion this year. The fund handles about 29 types of services related to loans, scholarships, and non-refundable assistance for higher education studies abroad and domestically. However, there hasn't been any increase in the number of officers or improvement in the registration system and development. The recent three-year report from the National Audit Office has underscored these issues, highlighting the neglected development of the system. The auditors reported that the digitization and integration tasks were completely overlooked. The former Minister of Education L. Enkh-Amgalan, who vowed to make the fund's operations transparent and independent from human factors, resigned without fulfilling these promises. He had planned to process loan and scholarship selection independently with the help of AI systems. His successor, Minister P. Naranbayar, also vowed transparency and proper management of the fund’s operations, appointing several people connected to this task, yet no significant progress is visible. A new parliamentary group of 126 members has established a task force to oversee and evaluate the Education Loan Fund’s activities. Their primary goal is to revise and improve the fund's operational guidelines. Recent meetings, including one this month on the 15th, have focused mainly on enhancing the transparency of the selection process for loans and scholarships. The working members have officially requested the Minister of Education to explain why the details of foreign education loans funded by state expenses hadn’t been recorded in the Mongol Bank’s database. The Fund's director O. Siilegmaa disclosed in a recent interview that preparations are underway to supply the Central Bank with information about defaulters who received foreign education on state expenses between 1997 and 2020. Yet, the Ministry of Education hasn't made any decisive actions or resolutions in this regard. The transparency and openness of information are fundamentals to abolishing and changing unfair systems. Especially, foreign loans and scholarship information, with funding for individuals often reaching tens of millions, should be recorded and monitored with more scrutiny and precision. This approach would put an end to graft by authoritative and informed personnel who might otherwise sequester opportunities from the public. As it stands, even officials and leaders pretending to reveal supposedly transparent information by listing a few names just for show would find no platform for such posturing. Currently, because the information regarding foreign loans and scholarships of the Education Loan Fund is not accessible, evaluating students’ development, societal impact, and effectiveness is not feasible. Even the working group assigned to oversee the function of the Fund requested the minister to report on the funds spent and the outcomes of implemented programs by 2024. There are questions about how the loan and scholarship allocation process proceeds or whether they're effectively preparing internationally competitive professionals aligned with leading career policies. This information is not available on the Fund’s official website. Contracts for domestic students in high-demand teaching professions showed a mere 40 percent fulfillment, while the Fund, meant to grant loans and scholarships for bachelor’s, master’s, and doctoral studies, was reportedly used against this policy to train younger students in preparatory language programs using state funds for 2-3 years starting in 2022. There were also violations of the policy against overlapping loans and scholarships. Predicting the chaos behind the operations of this special fund purportedly supporting higher education is difficult. Meanwhile, without resolving these issues, scholarships such as those in the name of the President and formerly in the name of the Prime Minister continue sending hundreds of young people abroad annually, placing a burden on the budget. Although challenged, criticized, and misunderstood, their graduates are beginning to enter the job market. Now, as educated young professionals return from abroad on government loans and scholarships, even they are beginning to call for redefining the core mission of the Education Loan Fund—advocating for an improved system that finances only advanced level studies (master’s and doctorate) abroad to enhance the efficiency of resources and strengthen national universities by retaining undergraduate students within the country. It would be wise for sector ministers, administrators, and parliamentary working group members to consider their opinions and integrate their advice into action plans.

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MNB Remained Silent on the Death of the First President of Mongolia

Published: 2025-01-20 | Translated from: itoim.mn

On Friday, Mongolia's first President and statesman, Punsalmaagiin Ochirbat, passed away at the age of 83, a great loss to the Mongolian people. While those with clear-mindedness and love for their country mourned deeply for the deceased, those with hearts ensnared in malice spread negative words across the internet, reveling in their excitement. Although it was once a cherished attribute for Mongolians to remain silent through the mourning of even their adversaries, this nature, as well as human decency, seems to have drastically changed in recent days. Perhaps the influence of social media has caused things that existed before but were not widely visible to become overly exposed now. However, this content is not the major point of interest this time. The most regrettable thing is that three whole days had passed since the death of the first President of Mongolia, and MNB, the country's largest media representative, had not issued an official condolence statement. Apart from a minimal mention on the website www.mnb.mn, the national mourning news was completely absent from the official news programs during this period. In contrast, the "Tsagiin Khurd" program on Friday reported on the arrest of the South Korean President, and Saturday’s program covered the phone conversation between U.S. President Donald Trump and Chinese President Xi Jinping, as well as Russian President V. Putin's partnership talks with Iran in detail. There was complete silence regarding the death of Mongolia's first President. Despite the fact that the late P. Ochirbat might have spent many years away from the presidential office, his accomplishments and contributions in politics and society, as well as his role in history, should eternally preserve his rank as a head of state. To suggest that someone becomes irrelevant just because they no longer hold office, are elderly, or have died of illness is unacceptable. Moreover, it is quite disgraceful for a public media outlet to not issue even a single word of condolence for this historical figure. One would hope that this is not due to political bias. Over time, it seems the successive directors of MNB have shown a tendency to fill “Tsagiin Khurd” more with reports of their business activities rather than important national events. This trend continued, as the current director G. Gerel was shown visiting Turkey to expand partnership talks through the President's visit, focusing on his own appearance. They must have been aware of the passing of the first President, who played a pivotal role during a significant period of social transition. Yet, their neglect is puzzling. However, former President Ts. Elbegdorj, despite having a bad reputation, immediately wrote a vivid condolence and memory regarding his predecessor's achievements and legacy. This gesture markedly softened the intense defamation fueled by discussions on uranium. Here, the essence of sincere emotion is conveyed beyond party politics. Moreover, the Speaker of the Parliament, D. Amarbayasgalan, expressed his condolences on Saturday, and President U. Khurelsukh on Sunday on their social media pages. However, as of Monday morning, no condolences have been reported on the official websites or social media of the Mongolian government or Prime Minister L. Oyun-Erdene. Whether an individual politician shares in others' grief or mourns is a personal matter. However, representing the entire country, the government, should adhere to tradition and express condolences on behalf of the state, even if it falls on a rest day this time. Whether the deceased was a public figure or an ordinary citizen, it would not matter if there was a tradition of not expressing any formal condolences. But there isn't. Mongolians, and the Mongolian state, have traditionally and ceremonially expressed mourning for those who held significant status in society and the government. Unfortunately, today, an ugly phenomenon is rampant among the public. The views and attitudes of the government have also soured. Even the media, which should be the voice of the people, has strayed from its fundamental role.

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Distribution of the "Cake" in the Diplomatic Offices

Published: 2025-01-20 | Translated from: unuudur.mn

The appointments of ambassadors and consuls to foreign countries from Mongolia began at the end of last year. The term of office for ambassadors in 23 countries has ended. Additionally, around 50 positions, including consular offices, need to be newly appointed. Thus, the coalition government made up of the MPP, DP, and HUN parties has agreed on the distribution of vacant positions and started "numbering" their shares. At the end of the year, three people were appointed as consuls. Former Constitutional Court member D. Odbyar was appointed by the MPP to Hong Kong, former Information Technology, Post, and Communication Authority head Ts. Zhadambaa by the DP to Busan in South Korea, and the HUN party appointed Z. Lkhagvadorj, a senior advisor to the Deputy Prime Minister, as the general consul in Ereen, China. It has become a tradition to gift diplomatic positions to those who lost elections, failed to obtain "visas," or those retiring from politics. This tradition continues with the current appointments. Our country has 49 diplomatic posts in 30 countries around the world. These include embassies, permanent missions to international organizations, and consular offices, as well as general consuls, consuls, vice consuls, and attachés. Consuls are appointed by the government meeting, while ambassadors are discussed and agreed upon by the State Great Khural. Following Government Resolution No. 145, consuls are now appointed by the Minister of Foreign Affairs instead of the Prime Minister. Since the diplomatic office is under the responsibility of the Ministry of Foreign Affairs and has the full authority to appoint consuls, Minister B. Battsetseg is reportedly under "pressure." She has stated she adheres to the principle of appointing professional diplomats to these positions. However, there is a directive from the Prime Minister to "appoint personnel from the MPP, DP, and HUN parties according to the principles of the coalition government." Minister B. Battsetseg has commented, "Internationally, 20-30% of appointments in the diplomatic service are from the political or other sectors. Candidates are evaluated on foreign language proficiency, political experience, work in foreign relations and international fields, and familiarity with the host country's characteristics." Experienced politicians capable of high-level political understanding have been appointed as ambassadors to our two neighboring countries. In some countries, ambassadors appointed from the business sector have performed well. Therefore, appointing politicians is not completely out of the question. As for me, I will try to propose professionals who have been trained from the grassroots level. In 2021, former State Great Khural member Ö. Enkhtuvshin was appointed ambassador to Russia, and last year former member N. Enkhbold was appointed ambassador to China. Since the beginning of the year, the appointment of former State Great Khural member N. Oyundari as the Ambassador Extraordinary and Plenipotentiary to Poland has been discussed in parliament and supported. Former DP chair S. Erdene is also set to be appointed as vice consul in Chicago, USA. N. Oyundari, who previously served as Deputy Minister of Foreign Affairs, is being criticized on social media as one of the politicians who received loans from the Small and Medium Enterprise Development Fund. Many people are criticizing S. Erdene to "step aside for the youth." He has been defending his knowledge and experience as suitable for the position. “I have dedicated 35 years to the DP and the victory of democracy, doing everything possible. I have stood 11 times in all Mongolian state elections, been elected twice to the capital and Bayangol district councils, and served three times in the State Great Khural. I have performed my duties honorably,” he wrote. He seems to feel he deserves this reward. In the meantime, his son E. Odbyar organized a "Government Resign" rally at Sukhbaatar Square, and criticisms followed him too, such as "he faked the rally to send his father as an ambassador." Although S. Erdene was proposed as the general consul to Chicago from the DP, he was made vice consul instead after being rejected by the Minister of Foreign Affairs. Though our side makes political arrangements gifting diplomatic positions to disappointed, hopeful people, the key decision is made by the host country. If the host country does not accept the proposed ambassador or consul, then a replacement must be found. Several people have been returned in the past. For instance, after misbehaving on an official trip to South Korea, "Butt" D. Odbyar was promoted rather than demoted from high political office by the MPP. Once again, he has been appointed as the general consul to Hong Kong. Minister B. Battsetseg mentioned that the country accepted his appointment. Regarding S. Erdene, Mongolian citizens in Chicago have reportedly started gathering signatures refusing his appointment as vice consul despite his political experience, citing his lack of English and him being appointed as a vice consul in the USA. The Minister of Foreign Affairs remarked, "As consular offices mainly communicate with their own citizens residing in the country, S. Erdene was appointed based on the DP's proposal. He knows the Russian language." The Minister of Foreign Affairs has rejected several aspirants proposed by the coalition parties as they do not meet the criteria. They are undergoing foreign language testing. Nonetheless, political agreements prevail as the stronger "criteria." The politicians seem unashamed of their skills and knowledge limitations. In addition, it is rumored that the MPP is pushing for former State Great Khural member D. Sarangerel to be appointed as ambassador to either Turkey or Bulgaria, and the director of "Erdenet Factory," G. Yondon, is being considered for ambassador to Germany. Former member P. Anujin is reportedly keen on becoming the general consul in Osaka, Japan. Although she denied the information and later became the Prime Minister's advisor, she seems to hope for an opportunity. Although the names of the aspirants are not public, many are waiting at the doors of their party leaders from the three coalition parties, and some names have been sent to the Minister of Foreign Affairs. It is not possible to completely reject those recommended by party consultations. Thus, in our country, retired politicians and those unsuccessful in parliamentary elections continue to be sent to the diplomatic service. Even if the host country accepts them, it is difficult to expect results from those lacking patriotism, knowledge, and language skills needed to protect the interests of their citizens.

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South Korea Reduces Quota for Receiving Foreign Workers

Published: 2025-01-20 | Translated from: news.mn

The Republic of Korea plans to accept 130,000 foreign workers with the E-9 visa type in 2025, according to information provided on the VisaVerge website. Specifically, in 2024, the Republic of Korea had a quota to accept 165,000 foreign workers with the E-9 visa type, but this amount has been reduced by 21%. The Ministry of Employment and Labor explained that this reduction is due to the need to balance economic issues and labor market demand. Regarding visa allocation, the manufacturing sector will have the largest number of visas at 72,000, followed by 10,000 in agriculture and dairy, 8,500 in fishing, 3,000 in services, 2,500 in shipbuilding, and 2,000 in construction. Additionally, 32,000 visas will be reserved for sectors with sudden demand. The Republic of Korea has implemented the E-9 visa program since 2004, which is a main visa type under the “Employment Permit System” (EPS). According to the information from the Embassy of Mongolia in Seoul, a total of 55,834 citizens from Mongolia reside in South Korea. Among them, there are 17,075 citizens who are either unregistered or have visa issues.

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Events: Members of the Liberty Coalition Party Demand Government Resignation and Will Go on Hunger Strike

Published: 2025-01-20 | Translated from: ikon.mn

At 10:00 AM, the Mongolian People's Party (МАН) and Democratic Party (АН) groups in the Parliament will hold a meeting in the State Palace. At 10:00 AM, in the Chingeltei District Governor's Office, a decree has been issued prohibiting waste disposal in the central neighborhoods of Chingeltei District from 6:00 PM to 9:00 PM. Further information will be provided regarding this directive. At 11:00 AM, five members of the Liberty Coalition Party, including E. Odbayar, will call for the resignation of the government and declare a hunger strike in the central square. At 11:00 AM, at the “Mongol News” Information Center, scholars including Ts. Zorig, founder, Ts. Jambalsuren, and L. Khaisanadai will make statements about the activities of the "Research Center - Yu. Tsedenbal Academy". At 1:00 PM, at the Internom Bookstore, there will be a launch of the book "Mongolian State - Women". Note: Media organizations (Television, Radio, Social media, and Websites) must cite (ikon.mn) as the source when using our information in whole or in part, in any form.

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"Government Resign" Protest Continues Today as a Strike

Published: 2025-01-20 | Translated from: news.mn

The "Government Resign" protest organized by the National Freedom Coalition was initiated in Sukhbaatar Square on the 11th of this month. On the first day of the protest, many people gathered in the central square and criticized the government's policies and decisions as being against the people. The protesters continued to express their demands and declared that they would not stop the protest. Today marks the tenth day of the protest, which according to the organizers, will be held nationwide. Participants have also announced on social media that they will go on strike to express their opposition. Protesters are peacefully expressing their views by holding up slogans saying "Government Resign". The organizing party has sent official letters to 33 members of the Parliament with the aim to propose the resignation of the government. The leader of the National Freedom Coalition, B. Tsatsral, stated, "According to Article 8, Clause 1.11 of the Law on the Parliament, every member of the Parliament has the right to propose the resignation of the Prime Minister. If the Prime Minister resigns, by law, the entire government resigns. Therefore, we have submitted official letters to 33 members of the Parliament proposing the government's resignation." The "Government Resign" protest is planned to continue until next Wednesday. The organizing National Freedom Coalition Party has declared that the protest will not engage in any form of negotiation with the government, will hold no meetings or talks, and will not accept any explanations. The protest will continue until its main demands and goals are achieved. The General Police Department has issued advice for when participating in demonstrations, which includes: - Not being provoked or incited by others - Being cautious of slippery surfaces - Avoiding crowding and being crushed among gathered people - Not using force under any circumstances - Not consuming alcoholic beverages - Staying away from fences, railings, or any sharp and edged objects. The organizing National Freedom Coalition Party has reiterated its stance that the "Government Resign" protest will not negotiate with the government, engage in any meetings or talks, or accept any explanations. The protest will continue until its primary demands and goals are met.

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The Government Now Holds Meetings Every Saturday

Published: 2025-01-20 | Translated from: news.mn

The government seems to be rattled by the sounds of demonstrations, as it has been holding meetings every Saturday for the past two weeks to discuss solutions to relieve the capital, Ulaanbaatar, from its smoke and traffic problems. This has raised expectations that they might finally reach a solution to these long-standing issues. The smoke emitted from the more than 200,000 chimneys in the city's ger districts poses a serious threat to public health, which has been confirmed repeatedly. Therefore, it is necessary to change the fuel currently in use, rapidly increase electric and thermal power sources, and undertake housing projects. This year, the capital has set nine targets to reduce congestion, including the Tuul high-speed road, a new ring road, special lane buses, and five projects to decrease air pollution such as the TEC-5 and housing projects in Selbe and Bayankhoshuu. Seven mega projects are planned, including a new stadium, the Tuul water complex, and the infrastructure of the new Zuunmod city. During the previous Saturday's Emergency Command meeting, the Prime Minister directed the implementation of certain measures related to housing. These included acquiring 30 completed apartments and 7 unfinished blocks totaling 540 apartments from the "New Yaarmag" complex project, which were seized by the Development Bank against bad loans, and transferring them to the city's ownership under specific conditions. The task was assigned to the Minister of Economy and Development, L. Gantumur, to discuss the draft decision in the next week's government meeting. Additionally, the Urban Development, Construction, and Housing Minister J. Batsuuri, along with Finance Minister B. Javkhlan, were tasked with aligning the funding source for the "Solongo 1 and 2" housing complexes, which are being built with concessional loans from South Korea, with the approved work plan for 2025. For buildings constructed without permission in the capital, a proposal to retroactively grant construction stage permits once needs to be examined and presented at next week's government meeting. Permissions to establish the "Heat Power Plant Number Five" to increase the capital's energy sources will also be drafted and submitted for decision. Members of parliament have joined a working group to support the resolution of Ulaanbaatar's pressing issues.

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Citizens not Registered for Military Service Will Be Fined ₮100,000

Published: 2025-01-20 | Translated from: gogo.mn

The Military Service Law, the Minister of Defense's Order, and the Capital City Mayor's Decree are organizing the 2025 military registration within the capital city from January 6 to 22. Citizens of Mongolia who are military service members aged 18-50, reserve officers up to 65 years of age, and women with professional military training are required to participate in the registration once a year. Those under 18 who have not received a military service certificate need to register in person at their respective unit or district. If the military service certificate is lost, individuals must approach the military headquarters of their aimag or district in person. Additionally, citizens who have changed their place of residence must register and verify their registration at the military headquarters of their aimag or district. There is also an option to submit a request online through the unified electronic service portal "E-Mongolia". If registered through the "E-Mongolia" system, one can view the response under the "Notifications" section. It is advised for citizens registering for military service to bring their national ID and military service certificate to their respective unit or district. Citizens who have not registered for military service will be fined an amount equivalent to one hundred units in accordance with Article 15.17, Clause 3 of the Law on Violations. (1 unit equals 1,000 tugriks) Source: Capital City Administration Office, Military and Civic Engagement Department

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E. Odbayar: The deal to keep L. Oyun-Erdene in power seems to be concluding. We've ended up with a weak parliament.

Published: 2025-01-20 | Translated from: ikon.mn

The protest demanding the dismissal of the government on grounds of accountability has continued for the tenth day. The Freedom Coalition party has issued a statement urging members of parliament to hold the incompetent government accountable and demand its resignation, exercising their constitutional powers. Furthermore, starting today, the party has called on citizens and businesses to stage a strike and take the next step in expressing their opinion. Additionally, representatives of the Freedom Coalition party have announced plans for the next stage of protest in the form of wet and dry hunger strikes to demand the government's resignation. The General Secretary of the Freedom Coalition party, E. Odbayar, stated, "The deal to keep Oyun-Erdene in power in the palace seems to be concluding. It is clear that the so-called opposition members of the National Coalition in parliament have attached themselves to the government and entered its bed. Five parties with seats in the parliament have crawled into the same bed. Only the Freedom Coalition party remains as the sole opposition from the streets." "During the protests, I have seen many things. How freedom of expression by the press and citizens is being suppressed, how power is being concentrated in one hand, how the government has surpassed the parliament and cannot be controlled, the lack of space for the opposition, and many other issues." "The separation of powers within the government of Mongolia has disappeared. We've ended up with a weak parliament completely controlled by the government. The government has openly expressed its ambitions to take over the judiciary and to rob citizens and enterprises. It has declared its intention to participate in all state-owned operations, and to compete with business entrepreneurs."

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Trump Breaks Inauguration Tradition

Published: 2025-01-20 | Translated from: unuudur.mn

Donald Trump, elected as the President of the United States, has decided to break the tradition of holding the inauguration ceremony outdoors and instead conduct it inside the Capitol building. This will be the first time in 40 years that such an event will take place indoors, as noted by "The New York Times." The last time this happened was in 1985 when President Ronald Reagan was re-elected for his second term. At that time, the reason given was unfavorable weather conditions, and this time, it is also explained that the cold weather is a factor. According to what Trump has written on his social media, the temperature on the day of the inauguration, January 20th, is expected to drop to minus 20 degrees Celsius. Thus, like Ronald Reagan, he has ordered the inaugural address, prayer, and swearing-in ceremony to be held in the rotunda of the United States Capitol, the main hall with the dome of the building. This hall has a capacity of only around 600 people, disappointing the thousands of Americans who planned to watch Trump's second inauguration. American citizens who bought tickets to Washington and booked hotels have been suggested to organize gatherings in their hotel lobbies or nearby bars with big screens to watch the inauguration ceremony. Trump himself invited people to gather at the Capital One Arena, which seats 20,000, and promised to join them afterward. Even though the change of venue is attributed to concerns for the public, as reported by the Washington Post, it is clear that this change has created significant difficulties for security officers and organizers. There is a need to urgently construct a new platform for Trump's inauguration and ensure reliable security for the new president. The media highlights another reason for moving the inauguration ceremony. Although Trump won with a significant number of votes, not everyone in American society is favorably disposed towards him. There may be protests and attempts to disrupt the event. Officials foresee this year's demonstrations against Trump's inauguration to be attended by as many hundreds of thousands of people as eight years ago. However, those planning to join the protest have stated that the weather will not stop them. Specifically, representatives of pro-Palestinian coalitions, working class groups, socialists, immigrant family support movements, and others have expressed their desire to participate in the protests. Recalling the peculiar statement made five days ago by outgoing President Biden's national security adviser, Jake Sullivan. He essentially acknowledged that the inauguration might not take place at all, warning that "something unexpected will happen in the coming days." Given the two attempts on Trump's life, these words might mean something entirely different. Thus, Trump might have moved his inauguration ceremony for safety reasons.

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Economy

N.Uuganbaatar: The legal framework of the banking sector should be aligned with current demands and international standards

Published: 2025-01-20 | Translated from: gogo.mn

Chairman of the Supervisory Board of the Bank of Mongolia, N.Uuganbaatar Speaker of the State Great Khural D.Amarbayasgalan received the newly appointed non-staff members of the Monetary Policy Committee and the Supervisory Board of the Bank of Mongolia. At the start of the meeting, the Speaker emphasized the importance of the appointed team, which was selected through a transparent public recruitment process, to prioritize ethics and responsibility. He pointed out that the operations of the central bank should be transparent and adhere to principles of fairness, mentioning that the public and members of the State Great Khural have high confidence and expectations from the experienced and skilled representatives appointed in each sector. The Speaker highlighted that this parliament will prioritize establishing a legal environment that not only reduces interest rates to a realistic level but also protects the rights of borrowers or consumers, offering them opportunities rather than burdens. Furthermore, the Speaker urged cooperation on how to implement solutions that are favorable to citizens and supportive of businesspeople through detailed, multi-faceted regulation rather than relying on general notions such as interest rates lowering when the policy rate decreases. The non-staff members of the Monetary Policy Committee, as well as the Chairman and members of the Supervisory Board, presented their proposals and solutions for addressing current issues in coordination with fiscal and monetary policies. Specifically, the non-staff members of the Monetary Policy Committee exchanged views on the structure of the financial market, forms of central bank governance, sources of credit, and targeted solutions for diversifying the economy. Additionally, Chairman of the Supervisory Board, N.Uuganbaatar, emphasized the need to update sector legislation in line with current requirements and international standards, while board member D.Enkhjargal noted the importance of improving public financial literacy and the accountability system, as well as promoting saving over consumption. The participants continued to discuss openly about sources of credit for agriculture and micro-businesses, the transformation of the digital economy, and increasing foreign investment. In conclusion, Speaker D.Amarbayasgalan instructed that the central mission of any law or regulation should not be the norms of an organization, but the protection of the rights and interests of the people, according to the Press and Public Relations Department of the State Great Khural.

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Whoever Supplies Copper and Lithium First Will Achieve Great Success in the Next Decade

Published: 2025-01-20 | Translated from: gogo.mn

B. Dashnyam, the Chief Counselor for Media and Communications of Rio Tinto, attended the Future Raw Materials Conference 2025. About 20 people from our country participated in this event, which was held for the fourth time. In the coming decade, $6 trillion will be spent on exploration and extraction. The organizer, Saudi Arabia, is focusing on how to direct this investment to their homeland. This means making it easier for major global companies to bring their capital, explore, build mines, and extract resources. The goal is to diversify the economy and strengthen it. Private sectors and companies are interested in whether it now takes only a few days to open an office in Saudi Arabia, what requirements are imposed, and if the business environment here has indeed become easier. In the past, Google searches required minimal energy, but now, specialized searches with artificial intelligence demand at least ten times more energy. Major companies are also presenting and selling technologies to make mining more efficient, showcasing their products at exhibitions. Numerous negotiations and meetings are taking place. With the transition in energy and the rise of artificial intelligence, the world is moving towards a different level of computing systems. For example, Google searches, which previously required very little energy, now require about ten times more energy with artificial intelligence. Consequently, a huge amount of energy production will be necessary. The demand for metals like copper and lithium needed to power these systems will significantly increase. Those who supply these to world markets first will achieve great success in the next decade. Saudi Arabia is working hard to become a major player in this market during peak times. They seem to be implementing their first vision until 2030. Obtaining exploration licenses has been made much easier. Companies can participate in electronic tenders for exploration permits, allowing exploration across vast areas covering about 50,000 km along the Arabian belt. Foreign companies that come to explore will be fully supported. Additionally, Saudi Arabia does not measure foreign investment solely in terms of money. By bringing in Western and international companies, they want not only to circulate their money within the economy but also to employ foreign experts. This way, they are looking for mutually beneficial options to assimilate the know-how of large companies and invigorate the economy. Saudi Arabian leadership is implementing a policy called 'flat cooperation and parallel connection.' The energy ministry is in charge of the oil sector, and the mining ministry operates separately. However, these two ministries work together and jointly develop the law. Legal advice is provided in English and French very easily. Once a company is registered in one system, other ministries and investment agencies can access government information. Western companies find it easy to invest, explore, and extract, and they respond positively to this approach. When companies inquire about long-term investment policies, Saudi Arabia promises a favorable tax environment offering maximum possible deductions, along with ensuring transparency of information. In terms of mining commodities, lithium, nickel, cobalt, and copper attract attention. With more relevance to Mongolia, copper is currently priced around $9000 per ton. A representative from the McKinsey research organization presents today that by 2035, the price of copper could reach $12,000 per ton. If prices do not rise in this way, interest in investing in this sector will decrease. This could prevent extreme shortages of metals necessary for energy production when energy consumption peaks.

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Over 200 Turkish and Mongolian Business Leaders Participate in 'Mongolia-Turkey Business Forum' to Collaborate in Multiple Sectors

Published: 2025-01-20 | Translated from: ikon.mn

As part of Mongolian President U. Khurelsukh's state visit to the Republic of Turkey, over 200 business leaders from Turkey and Mongolia participated in a "Business Forum" and agreed to collaborate in various sectors. Entrepreneurs from both countries signed around 10 agreements to cooperate in the fields of food, agriculture, healthcare, and construction. Warning: Media organizations (Television, Radio, Social Media, and Websites) must cite their source (ikon.mn) when using our information in whole or in part.

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Mongolia-France Uranium Investment Agreement Reviewed by World Media

Published: 2025-01-20 | Translated from: itoim.mn

The Government of Mongolia has signed a $1.6 billion investment agreement with France's "Orano" Group to develop the Zuuvch-Ovoo uranium deposit, according to reports highlighted by several major international media outlets. France's "Orano" Group began uranium exploration in Mongolia in 1997, resulting in the discovery of the Zuuvch-Ovoo deposit in 2010. After long negotiations, the parties have reached an investment agreement, opening up the possibility of uranium extraction in Mongolia. The uranium extraction agreement, which is materializing after many years, has attracted attention domestically and internationally, with experts assessing its multifaceted implications in various ways. Mongolia to become the sixth-largest uranium player Mongolia's uranium reserves are estimated at approximately 1.32 million tonnes. By utilizing the Zuuvch-Ovoo, Dulaan Uul, and Ömnööt deposits, with a total of 90,000 tonnes of uranium, Mongolia is set to become a significant player in the global uranium market. The project, which plans to extract about 2,500 tonnes of uranium annually for 30 years, has the potential to make Mongolia the sixth-largest uranium producer in the world. Geopolitical conditions The current geopolitical tensions are affecting traditional uranium supply chains, especially with Russia playing a critical role in uranium conversion and enrichment processes, leading Western countries to seek alternative sources. As Mongolia enters the uranium market, it opens a new avenue for diversifying supply, thereby enhancing global energy security. France's strategic move Given the political crisis in Niger affecting uranium supplies, France aims to strengthen its energy reserves by collaborating with Mongolia. Environmental and social considerations The agreement emphasizes adherence to international standards for safety and environmental protection. The "Orano" Group has announced its commitment to implementing responsible mining practices and developing training and development projects for local communities. It is expected that the project will create approximately 1,600 direct and indirect jobs, positively impacting the economic growth of the Dornogovi Province. Market volatility The global uranium market is subject to price fluctuations and geopolitical influences. While there is a growing demand for uranium as nuclear energy expands, market conditions may affect the project's long-term profitability. The global uranium market is vulnerable to price volatility and may depend on the growth of nuclear energy demand. This agreement strengthens Mongolia's economic ties with France and the European Union, reducing dependency on neighboring powers such as China and Russia. The extracted uranium will play an important role in advancing global nuclear energy projects aligned with global decarbonization goals. Some analysts have expressed concern about the environmental impact of uranium extraction in Mongolia, stressing the need for strict environmental measures to prevent pollution of local ecosystems. Experts note that mining projects in Mongolia have been delayed due to changes in legislation, public opposition, and disputes over the ownership of natural resources. This agreement is seen as a major step in integrating Mongolia into the global nuclear energy supply network and is crucial to supporting France's nuclear energy ambitions. Moreover, the Mongolia-France uranium project is a strategic partnership that can transform Mongolia's mining landscape and contribute to diversifying global uranium supply. However, effectively addressing environmental protection, social issues, and market risks will be crucial to the project's success.

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M. Dagva: Mongolia has no choice but to work in the field of critical minerals

Published: 2025-01-20 | Translated from: itoim.mn

The "Future Minerals Forum" was held in the Kingdom of Saudi Arabia from January 14 to 16. Members of the Mongolian Association of Critical Minerals participated extensively in this forum and gained experience. Due to the green energy transition, electric vehicles, and the development of high technology, the demand for resources considered critical minerals is increasing, and global exploration in this direction is intensifying. The "Future Minerals Forum" focused on discussing issues of demand, supply, exploration, and extraction of critical minerals. We asked M. Dagva, Chairman of the Board of Directors of the Mongolian Association of Critical Minerals, who participated in the "Future Minerals Forum," about certain things. During the "Future Minerals Forum," the Kingdom of Saudi Arabia reportedly signed 126 memorandums of understanding and agreements worth $28.5 billion between governments, state institutions, local and international companies. It is clear that countries are placing considerable importance on critical minerals. How do you evaluate the significance of this forum? Countries are defining their policies and carrying out work in the field of critical minerals. Issues that were previously just discussions are now becoming a reality, as evidenced by the agreements and memorandums signed during the "Future Minerals Forum." The Kingdom of Saudi Arabia is focusing significantly on two issues. Approximately 3,000 people attended the "Future Minerals Forum" when it was first organized in 2022, whereas this year about 20,000 people attended. This attention has attracted considerable interest from investors and government bodies of countries regarding what the region intends to do in the field of critical minerals and what will happen next. Secondly, the country is demonstrating exemplary work in the field of critical minerals by undertaking many initiatives and showing results. Legal work began around 2020. The legal environment for critical minerals in Saudi Arabia is considered among the top in the world. Additionally, a nationwide geophysical survey was initiated and is in its third year. They are issuing exploration licenses based on results emerging during the survey without waiting for its full completion. Both domestic and foreign parties exploring Saudi Arabia are promised that 70% of their exploration costs will be covered if they find a deposit, promising no ownership share, but they state they will purchase the products afterward. During the forum, the Saudi Arabian Minister of Mining announced that six companies had already received financing to complete their exploration work. In the past two to three years, after completing the foundational study, calling tenders, discovering wells, and finding minerals, at least six companies are prepared to exploit these deposits, and the Saudi Arabian government has made good on its promise to continue financing their exploration efforts, instilling confidence among investors. Saudi Arabia demonstrates to the world its commitment to achieving its targeted goals at the government level, beyond just making empty slogans during conferences. The members of your association participated extensively in this forum. What did you learn from it and what should be focused on? Also, what meetings and discussions did you hold? It is evident that countries around the world consider Critical Minerals truly critical. While noticing that countries around the world are working rapidly in this direction, we realize our country also needs to move quickly in the field of critical minerals, educating the public and society correctly, and advancing forward. If our country continues to view critical minerals on merely an individual deposit basis, this itself represents oversimplification. One should not approach the issue as if it concerns only those opposing a certain deposit or the company operating it. This reduces a large problem into a small one. However, the issue of critical minerals involves solving a major global problem. Hence, politicians and the public need to understand at this level. Indeed, our government’s decisions are slow, which is quite concerning. Nevertheless, without state support, we, working in the private sector, have been operating as the Critical Minerals Association for three years to see what support we can provide. Our association regularly works to improve understanding and policy regarding critical minerals within Mongolia. Furthermore, we aim to establish connections and cooperation with parties involved in the international critical minerals supply chain. In this scope, we conducted meetings to the best of our abilities with companies and government representatives participating in the "Future Minerals Forum," exchanging ideas on signing memorandums of understanding and establishing cooperative efforts, arranging subsequent meetings, and such. Seven people from our association attended this forum, sharing knowledge, information, and experience at their level. How do you view the foundational conditions for the development of critical minerals in Mongolia? Mongolia is a country with the potential for critical minerals, covering a large area that ranks 17th in the world. After surpassing its relations with Russia and China, Mongolia should define what needs to be done to establish relations with third countries in new fields and work accordingly, thus revealing the opportunity for developing critical minerals. Furthermore, with the prospect of reduced use of coal, our main export raw material, due to the green economic transition, it is essential to explore critical minerals and find new income opportunities to keep the economy stable. Therefore, Mongolia is in a situation where it has no choice but to work in the field of critical minerals.

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D. Sumyabazar's Agreement with Kazakhstan to Build a Gold and Silver Factory Cancelled Due to 'No Financing from Mongolian Side'

Published: 2025-01-20 | Translated from: isee.mn

When U. Khurelsukh, the President of Mongolia, was the Prime Minister in 2019, he made an official visit to the Republic of Kazakhstan and participated in a business forum. During that time, D. Sumyabazar was serving as the Minister of Mining and Heavy Industry and signed an agreement to build a "gold and silver (precious metal) processing plant" in Mongolia. As part of this agreement, Kazakhstan agreed to provide a patent worth $30 million for free, with Kazakhstan's "Symbat Engineering" company planning to establish a gold and silver processing plant in Mongolia in collaboration with the "Erdenes Alt Resource" company. This was highlighted in the media at the time as the first major step in transferring Kazakhstan's innovation technology to Mongolia. "Erdenes Alt Resource" LLC was established in May 2019 by the government resolution number 133 of the Government of Mongolia in 2014 and by resolution number 15 of the Board of Directors of "Erdenes Mongol" LLC in 2019. In October 2019, as part of the business forum, the parties signed a turnkey agreement to hand over the gold and silver purification plant. However, construction of the plant has not yet started. The Ministry of Industry and Infrastructure Development of Kazakhstan stated, “The domestic company completed all necessary preparations. The Kazakh side is fully ready to fulfill its contractual obligations, but the Mongolian side did not provide financing for the project. Several letters requesting assistance in resolving the issue of building this plant were sent through diplomatic channels from Kazakhstan, but there was no official response from the Mongolian side. As a result, the issue was omitted from the protocol of the ninth meeting of the intergovernmental commission at the request of the Mongolian side.” It was planned that the plant would produce 50 tons of gold and 25 tons of silver annually, with ingots weighing 1, 3, 5, 10, 32, 250, 500, and 100 grams. Additionally, the company aimed to develop the jewelry industry by producing 24, 18, 15, and 10-carat jewelry alloys and semi-processed products containing precious metals according to GOST standards. The plant also planned to start producing granules and powder from precious metals. The construction work was planned to begin at the end of 2019, with the plant scheduled to be operational by December 2020. However, the work on the factory did not begin due to repeated non-responses to diplomatic documents and refusal to provide financing from the Mongolian side. At the time, City Mayor D. Sumyabazar, who was then serving as the Minister of Mining and Heavy Industry, personally signed the agreement to build the plant, as a reminder.

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Millennium Challenge Account - Mongolia: Job Opening Announcement

Published: 2025-01-20 | Translated from: ikon.mn

MONGOLIAN MILLENNIUM CHALLENGE ACCOUNT (MONGOL MCC) JOB OPENING ANNOUNCEMENT Application Deadline: 17:30, January 29, 2025 PROJECT MANAGER FOR SUSTAINABLE WATER SECTOR The Project Manager for Sustainable Water Sector will support the implementation of policies, regulations, and institutional changes aimed at ensuring the long-term sustainability of Ulaanbaatar's water supply system. This role involves managing necessary operations for the sustainable implementation of socially equitable water service pricing reforms over the long term, aligning these with public awareness and attitude change activities. The Project Manager will organize sub-activities focused on cost recovery, provide technical assistance, and devise and implement strategies to mitigate project risks. In performing these duties, the Project Manager will work closely with the Water Sector Sustainability Project Team of the Mongolia MCC and other teams, reporting to the Project Director. The role also involves guidance and supervision of the activities and performance of a Social Engagement Specialist and a Public and Stakeholder Engagement Specialist under their direction. Main Responsibilities: - Directing and guiding an extensive range of issues including the implementation, progress, planning, compliance with MCC requirements, and relevant Mongolian laws and regulations, and potential risks in the project life cycle to support the Water Sector Sustainability Project Director. - Overseeing the implementation of cost recovery plans in the operation organization, considering social equity and purchasing power issues, and supporting water service tariff reforms. Implement and monitor sub-activities that involve regulatory and operational organization capacity strengthening to support these reforms. - Managing the implementation of Cost Recovery Technical Assistance and aligning it with public behavior and attitude change sub-activities. Integrate these efforts with sub-activities aimed at reducing the cost of water supply services in the ger areas by structuring data collection from users there. - Coordinating and managing the activities of partners, consultants, and contractor organizations, ensuring effective collaboration with implementing organizations and related government bodies. Delivering results and documents on time and achieving objectives as planned, and ensuring compliance with relevant rules, regulations, and guidelines. - Managing and organizing communication and cooperation with various entities such as private enterprises, public service organizations, NGOs, and civil society. - Supervising two experts responsible for cost recovery sub-activities. - Completing other assigned duties from the Project Director. Professional Requirements: Educational Qualifications: - Master's degree in a field related to development studies, management, finance, business, engineering, economics, public administration, or similar fields. Work Experience: - Experience of at least seven (7) years working with government agencies, water service providers like Ulaanbaatar Water Supply Authority, housing and public utilities management organizations, private offices, and/or NGOs. - Understanding of the economic, business, water sector, and urban and local administration policies, planning, management environment, and their social impacts. - Experience working with multi-stakeholder groups, working groups, or policymaking entities. - Advantageous to have experience in international development programs. - Experience in supervising consultancy and contractor work, contract management. - High interpersonal skills and strong communication ability, capable of establishing and maintaining productive collaborative relationships across different levels with both domestic and international stakeholders. - Ability to supervise the performance of two experts, providing support and functional advice and guidance for independent work. Language Skills: - Strong proficiency in Mongolian and English (ILR Level 3 or higher required). Core Competencies for the Job: - Experience working in government agencies, corporations, or donor organizations and efficiently leading teams. - Ability to process and analyze information and data necessary for decision-making related to one's own and others' work. - Organized and results-focused approach, capable of translating Compact agreement strategies and goals into specific work plans. - Ability to work closely and collaboratively with other team members towards unified goals and establish trust and partnership relations with relevant stakeholders. - Ability to identify risks and propose ways to mitigate or eliminate them. - Proficient in Microsoft Office and relevant professional applications. - Responsible, capable of interfacing with people, solving problems, and multitasking. - Capacity to withstand workload, efficiently organize and plan work. CONTACT INFORMATION: Submit your English CV (Curriculum Vitae), cover letter, diploma copy, and any additional materials to hr@mca-mongolia.gov.mn (specify the job title). No fees or charges will be required at any stage of the selection process (application, interview, report preparation, attending training) from Mongolia MCC or its representatives. Information about the selection can be obtained during working hours by calling 7711-1710. Only those selected for the initial stage will be contacted. Note to Media: Please attribute the source as (ikon.mn) when fully or partially using our information in any format (including Television, Radio, Social, and Web pages).

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Announcement of Open Job Positions for the Project

Published: 2025-01-20 | Translated from: ikon.mn

The Government of Mongolia, Asian Development Bank, and European Investment Bank are financing the "Ulaanbaatar Urban Services and Ger Areas Development Investment Program" project in the capital city, and the following open job positions are announced. Deadline for submitting materials: 3:00 PM on January 31, 2025 Vacancy Announcement The “ULAANBAATAR URBAN SERVICES AND GER AREAS DEVELOPMENT INVESTMENT PROGRAM” Project is seeking a professional for the position of Contract Specialist. Contract: Full-time for one year with possible extension based on performance starting from February 2025. Duties and responsibilities: The Contract Specialist will have the following duties (but are not limited to): - Assist the Project Coordinator to supervise contracts for goods, works, and consultancy services in accordance with ADB Procurement Guidelines and Guidelines on the Use of Consultants by Asian Development Bank and Its Borrowers. This involves developing/improving contract tracking tools, contract administration tools, and regular reporting.

In collaboration with the Consultant Team, develop and revise the Contract Administration manual as necessary.
Coordinate with the PMO and consultants to ensure that contract activities are scheduled to support contract requirements and that relevant documents are completed.
Assist the PMO in all phases of drafting contracts according to the bidding documents, contract negotiations, contract development, signing and awards, notice to proceed, and mobilization.
Review all bid documents for contract requirements for procurement of works and goods prepared by Consultants, particularly in relation to possible National Competitive Bidding contractual procedures and conditions of contract and provide relevant advice as needed.
Lead the contract negotiation with suppliers and contractors to draw up procurement contracts.
Negotiate, administer, extend, terminate, and renegotiate contracts and assist project managers/engineers to monitor the contract implementation.
Evaluate or monitor contract performance in accordance with the Contract Administration manual to determine the necessity for amendments or extensions of contracts and compliance with contractual obligations.
Approve or reject requests for deviations from contract specifications and delivery schedules.
arbitrate claims or complaints occurring in performance of contracts.
Analyze price proposals, financial reports, and other data to determine the reasonableness of prices.
Handle tax exemption matters with the Municipality of Ulaanbaatar and Ministry of Finance.
Serve as liaison officer to ensure fulfillment of obligations by contractors. Essential requirements:
A university degree in law, business, financial management, accounting, project management, engineering, or a related field with extensive demonstrated knowledge of contract systems and processes.
At least five (5) years’ experience in contracts for civil works, goods, and services in Mongolia.
Extensive experience and knowledge of National contractual procedures and regulations, knowledge of ADB or international donors’ procurement guidelines and procedures and/or knowledge of FIDIC or similar contracts is essential, as well as knowledge of international agreements.
High level of English and Mongolian proficiency (to be proven with relevant certificates (diplomas) and/or during the interview). Deadline: The candidate should submit the following documents before 3:00 PM, 31 January 2025:
Curriculum vitae in English (using ADB format for individual consultants) and Mongolian, with a recent photo taken within the last 6 months;
Copies of diplomas and relevant certificates;
Copy of national citizenship ID;
Copies of the Labor and Social Insurance books (first page and subsequent pages indicating the employment mobility);
Reference or recommendation letters from current and/or previous employer; and
Cover letter in English. Project Management Office Attention to: Mr. A. Erkhembayar Sukhbaatar district, Ulaanbaatar, Khoroo 8, Baga toiruu 1, Amar Street -2, Central cultural Palace – 407 E-mail: info@ub-subcenter.mn Tel: 70003099 Download ADB CV: [link]

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Mongolia and France sign investment agreement for uranium project

Published: 2025-01-20 | Translated from: unuudur.mn

The government of Mongolia and the Republic of France's "Orano Mining" joint-stock company signed an investment agreement this month. The contract was signed by the Chief of Cabinet Secretariat and Minister N. Uchral, Minister of Finance B. Javkhlan, Minister of Industry and Mineral Resources Ts. Tuvaan, and CEO of "Erdenes Mongol" S. Narantsogt from the Mongolian side, and by Minister responsible for Foreign Trade and Affairs of the Citizens Abroad Laurent Saint-Martin, CEO of the "Orano" group Nicolas Maes, CEO of "Orano Mining" Xavier Saint Martin-Tillet, and General Manager of "Badrakh Energy" Marc Meleard from the French side. The agreement guarantees the extraction of 68.9 thousand tons of uranium, a primary raw material for nuclear power. This step is aimed at reducing greenhouse gas emissions by 3.9 billion tons and fulfilling commitments made under the Paris Agreement to combat climate change. The government emphasizes that the project could generate approximately $5 billion in revenue for the Mongolian people, with $44 million directly transferred to the local development fund to support education, health, and social development. The agreement stipulates that not less than 51% of the direct benefits from mining operations will be retained by Mongolia each year. If this 51% is not achieved, additional payments will be made by the investor and project parties, as stated by CEO S. Narantsogt of "Erdenes Mongol." In implementing the uranium project, the best practices of Kazakhstan will be introduced and obligations under the agreement will be closely adhered to, including environmental protection, reclamation, and quality standards compliance. Advanced mining techniques and technologies consistent with French and European Union standards will be localized in Mongolia, training 1,600 highly skilled specialists, thereby enhancing the skilled workforce within Mongolia. Minister Laurent Saint-Martin remarked, "Zuunbayan is one of the world's ten largest deposits. Implementing this agreement will position Mongolia as a major player in the global uranium market. We will deepen relations at all levels and strengthen trade and investment for the welfare and independence of both nations. French expertise and know-how will focus on energy transition, carbon reduction, and biodiversity protection while maintaining close cooperation with Mongolia." During the project's development, the Eastern railway is to be expanded, a 160 km road built, and a small village for 500 residents established, according to Chief and Minister N. Uchral. Moreover, fees and charges are excluded from Mongolian proceeds, with marketing fees accounted for at a 2% rate on the investor's return. $2.3 million will be spent on hazardous waste management and $96.2 million on building a sulfuric acid plant, said Minister N. Uchral. During the signing of the uranium project agreement, a group of citizens organized a protest in the main square holding slogans such as "Stop Uranium," "Mongolia is not a nuclear waste burial ground," and "Protect the pristine nature." The protestors remain opposed to the project citing its potential negative environmental impact.

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D. Arembayasgalan: It is necessary to reduce the interest rates

Published: 2025-01-20 | Translated from: news.mn

Chairman of the State Great Khural of Mongolia, D. Amarbaysgalan, met with new non-staff members of the Monetary Policy Council of the Bank of Mongolia and members of the Oversight Board. Chairman D. Amarbaysgalan emphasized that the current parliament is determined to implement reforms in the banking and financial sector, with a primary focus on realistically reducing loan interest rates, protecting the rights and interests of borrowers or consumers, and creating a legal environment that offers opportunities rather than pressure. In other words, the new parliament is preparing to take bold steps to implement significant reforms that have not been undertaken in the banking and financial sector. Moreover, they indicated a willingness to work together with the central bank to explore in detail how multi-faceted regulations can be implemented to reduce interest rates, not just by lowering policy rates, but in a way that benefits citizens and supports business owners. Participants in the meeting openly shared their views on sources of loans for agricultural activities and micro-businesses, the transformational changes of the digital economy, and increasing foreign investment. Chairman D. Amarbaysgalan also emphasized that any laws or regulations should prioritize the rights and interests of the people, rather than any particular organization.

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S.Bold-Erdene: Everyone agrees that copper consumption will continue to increase

Published: 2025-01-20 | Translated from: gogo.mn

To discuss the near future of the mining sector, industry representatives gathered in Riyadh, the capital of the Kingdom of Saudi Arabia, for three days. Our country was not represented at the government level in this meeting. However, members of the Board of the Critical Minerals Association attended the conference along with eight journalists specializing in mining and economics, who covered the meeting. We clarified with S.Bold-Erdene, the editor of Mining Insight magazine, what future raw materials are and why they are emphasized as future-oriented. - What minerals are referred to as future raw materials? Saudi Arabia highlights five raw materials—copper, lithium, cobalt, and nickel. There are more than 30 countries that have announced their list of critical minerals, all of which include these five raw materials. Due to the energy transition, copper is the main raw material for renewable energy and battery storage. Additionally, copper is increasingly used in data centers and arms production. One of the projects that has started production is Kakao Kamola. It's a very large and influential project with the capacity to produce 500,000 tons of copper concentrate per year. Although it was opened after Oyu Tolgoi, its capacity has exceeded. Everyone agrees that copper consumption will continue to increase. Research agencies have presented forecasts that copper consumption will double by 2030 or 2050. Different numbers are being mentioned. As copper consumption increases, five large mines need to be opened each year to meet this demand. A large mine means a new mine comparable in size to "Oyu Tolgoi" needs to be opened. When asked where these mines will open, representatives of research institutions and influential mining companies confidently say that they will open in Gulf countries, Central Asia, and Africa. Exploration is underway in North America and Australia. While new deposits and resources are being identified to some extent, it is not sufficient. Especially in Central and North Africa, two large mines have opened in the last decade. One of the projects that has started production is Kakao Kamola, a very large and influential project. It has the capacity to produce 500,000 tons of pure copper per year. Although it was opened after Oyu Tolgoi, its capacity has exceeded. The first discussions about the Tsagaan Suvarga agreement began in 2013. The Congo also discussed this project initially at that time, and the construction has been completed. This project has progressed very quickly. Creating a copper deposit or mine is one thing; it's crucial to rapidly implement construction, operation, and production. Previously, exploration took 10 years, but now it's specified to reduce this timeframe to 3-4 years and shorten the development phase, which used to be over 10 years, and to increase extraction capacity in a short period to meet demand. - What distinguishes this meeting from other mining conferences? This conference, called the Future Minerals Forum, stands out from conferences in the northern hemisphere and Australia. It’s not an investment conference or an economic summit but a forum on future raw materials. In Canada, the world's largest conference, PDAC, takes place annually. This conference covers a wide range of topics. In contrast, here only issues related to raw materials were addressed. The focus was on market, regional geology exploration, and cooperation, which made it unique. Conferences held in North America and Australia involve highly developed countries in business and finance, while here, participants are mainly from Central Asia, Central Asia, Africans, and Gulf countries. The mining sector in this region is just beginning to develop. This forum aims to further develop their mining sector. It’s a practical and innovative conference. The topics, cooperation messages, and issues being discussed are creatively approached. This is the second distinguishing feature. From what I observed, the third distinguishing feature is that the ministers from the organizing country repeated one phrase yesterday and today: "creating new value." In our country, discussions around mining are about making the sector more inclusive, sharing what is available, involving the people and local communities, absorbing the benefits. Here, they are focusing on creating new value. They are discussing what should be done, what should be valued. Especially the ministers of Energy, Mineral Resources, and Investment from the Kingdom of Saudi Arabia kept repeating this phrase. In our national wealth fund law, citizens can organize to solve upfront payments for housing loans from this fund. We are understanding and distributing mining value in this way, whereas Saudi Arabia seems to be drawing up a big picture with future jobs, youth participation, creating a new mining sector ecosystem, rebuilding the supply chain for competition. This makes the forum advantageous and different. This conference is being held for the fourth year, and it is at the stage of gradually building trust among the governments, companies, and participants in this region. - Thank you.

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Revenue of the Industrial Sector Increases to 32.2 Trillion Tugriks

Published: 2025-01-20 | Translated from: unuudur.mn

According to the preliminary performance of 2024, the total production of the industrial sector reached 32.2 trillion tugriks, showing a 5% increase compared to the previous year, as reported by the National Statistical Office. This growth was mainly influenced by the mining and extraction sector, which increased by 1.2 trillion tugriks, and the revenue from electricity, gas, steam, and ventilation sectors increased by 191.2 billion tugriks. Specifically, the total revenue of mining and extracting industries last year reached 22.8 trillion tugriks, an increase of 1.2 trillion tugriks from the previous year. This is mainly due to the increase in coal and ore extraction. However, the extraction of silver concentrate, crude oil, unrefined gold, and fluorspar concentrate decreased by 5-32.5%. On the other hand, the manufacturing sector saw an increase in the production volume of key products such as lime, compressed fuel, liquid milk, water, beverages, juice, meat, cement, and vodka by 6-15.1%. In contrast, the production of key products such as pure alcohol, metal billets, flour, cigarettes, cashmere knitwear, cathode copper, and carded cashmere decreased by 4.2-46.3%, according to officials.

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Paid $10 Million in Interest Despite Not Fully Using the Loan to Build an Oil Refinery

Published: 2025-01-20 | Translated from: itoim.mn

The current President U. Khurelsukh, during his tenure as Prime Minister, initiated several projects with great fanfare, but today very few have been completed. Moreover, the timelines have been pushed back and the investments have increased. Specifically, while U. Khurelsukh was Prime Minister, in 2018, he negotiated with the Indian Government to construct an oil refinery with a concessional loan of $1.2 billion, laying the groundwork for the project. It was planned to be operational by 2024, but today the project is only 20% complete. Additionally, the financing has increased by 34% and is pending discussion in the Parliament for an additional $500 million loan. Under the original agreement, the plan was to take a loan of $1.2 billion and start paying the principal in 2023. The loan agreement included a provision to pay 0.5% interest on the unused loan balance. Between 2018 and 2024, the Mongolian Government has paid $10 million in interest. Out of the $1.2 billion loan, $268 million has been spent. This means an interest of 0.5% is being paid on the remaining $968 million.

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Published: 2025-01-20 | Translated from: montsame.mn

Ulaanbaatar. At the end of 2024, the income of the Social Insurance Fund reached 5573.6 billion MNT. This is an increase of 1255.8 billion MNT compared to the same period in 2023. The increase in the fund's income was influenced by: - Pension insurance fund income, which increased by 1131.7 billion MNT (30.9%); - Benefits insurance fund income, which increased by 82.1 billion MNT (27.1%). By the end of 2024, the fund's expenses amounted to 5419.3 billion MNT. This is an increase of 1354.6 billion MNT compared to the same period in 2023. The rise in the fund's expenses was influenced by: - Pension insurance fund expenses, which increased by 994.1 billion MNT; - Occupational accident and professional disease insurance fund expenses, which increased by 293.3 billion MNT (6.3 times). As of the end of 2024, 509.5 thousand people received pensions amounting to 4695.8 billion MNT from the pension insurance fund. This represents an increase of 12.5 thousand pension recipients and an increase in the amount of pensions paid by 1044.7 billion MNT compared to the same period in 2023. By the end of 2024, 51.4 thousand people received maternity and child benefits amounting to 188.3 billion MNT. This is a decrease of 9.4 thousand people compared to 2023. However, the amount of benefits paid was higher by 40.6 billion MNT. As of the end of 2024, 61 thousand people were covered by social welfare pensions. This is a decrease of 1.6 thousand people compared to 2023. However, the amount of pensions paid reached 242.6 billion MNT, which is an increase of 44.8 billion MNT. Regarding individuals covered by social welfare pensions: - 60% were persons with disabilities, - 27.7% were children under 18 whose breadwinner died, - 12.1% were elderly citizens, - 0.2% were citizens who became legal adults at the age of 16. As of the end of 2024, 288.6 billion MNT was disbursed as social welfare benefits, which is an increase of 107.8 billion MNT compared to 2023. Of the 149.7 thousand people covered by social welfare benefits: - 52.0% received care benefits, - 48.0% received special circumstance and livelihood support cash benefits. The income and expenditure structure of the fund for 2024 shows this phenomenon. The Social Insurance Fund's sources: - It consists of monetary funds generated from employer contributions, contributions from insured employees' wages, and other similar incomes for pensions, benefits, payments, and services, aimed at covering social insurance operations costs. Insured persons: - Those who have paid contributions to the social insurance fund based on legal or contractual grounds, eligible to receive pensions, benefits, and payments from the social insurance fund. Pension: - A monthly cash allowance from the social insurance fund provided for life to the insured upon reaching old age, or until working capacity is restored if lost, or until reaching retirement pension age, or to a surviving dependent family member when the insured passes away. Benefit: - Compensation provided by the social insurance fund for a specific period or one-time event due to temporary loss of working capacity, maternity, paternity leave, unemployment, or to the family if the insured person dies, based on legal conditions and requirements, as explained by the National Statistical Committee.

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Diplomacy

Mongolia Aims to Shed Its Image of Being 'Unreliable'

Published: 2025-01-20 | Translated from: news.mn

We spoke with Z. Tuvshiin, Minister of Industry and Mineral Resources, about the nuclear cooperation agreement that Mongolia signed with France. The agreement establishes a basis for mutual benefit, providing Mongolia with several types of direct and indirect benefits. This is the second-largest foreign investment agreement with a third neighboring country since the Oyu Tolgoi agreement, totaling around 5.2 billion USD. Uranium, a source of energy, is increasing in price on the world market, and expanding exportable products will have a positive impact on Mongolia's economy and foreign reserves. Under the amended Basic Law adopted in 2019, it is mandated that there be three types of wealth funds: an Accumulation Fund, Future Heritage Fund, and Development Fund. Every citizen will benefit through the Accumulation Fund from mining wealth. If the nuclear agreement had been pursued without interruptions over the past 30 years, Mongolia could have become a leading uranium exporter like Kazakhstan and resolved its nuclear power plant issues. Despite the delay, advancing the proposal in the government's planned program for 2024-2028 is crucial, especially since air pollution, a pressing issue for citizens, could be alleviated through nuclear plants and reactors. The agreement is positioned as better than the Oyu Tolgoi agreement by securing 51 percent as a guarantee for Mongolia. High taxes, such as those on mineral resources, are expected to ensure the majority of benefits reach the people, aligning with the Basic Law. Moreover, without any financial burdens placed on Mongolia, a 10 percent preferred share with no capital risk outlay is part of the agreement during the project's lifespan. Technical and economic feasibility studies were thoroughly conducted in response to concerns that projects often extend beyond deadlines and budgets in Mongolia. With over 500 million USD from French investment planned, procedures were aligned with market trends, predicting and accommodating increases in uranium prices. To assure continued stability and investment, Mongolia must move away from its 'unreliable' image. Confidence from investors is key for future large-scale projects. The agreement ensures no additional legislative changes would undermine it later, a commitment underscored by adhering to amended taxation laws without unexpected shifts. Mongolia is aligned with several nuclear and atomic conventions, ensuring the necessary legal framework is in place. Using uranium with reliable partners like France signifies a strategic pivot, not only for energy independence but also economic expansion. The successful implementation of this cooperation could lead to Mongolia becoming a major player in the nuclear sector, underscoring the importance of investment security and mutual benefits.

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Legal Environment Established for Direct Flights Between Mongolia and Kuwait

Published: 2025-01-20 | Translated from: ikon.mn

Representing the Government of Mongolia, State Secretary of the Ministry of Road and Transport Development S. Batbold and representing the Government of Kuwait, Sheikh Humoud Mubarak Al-Jaber Al-Sabah, Director General of Civil Aviation, signed the "Agreement on Air Relations between the Government of Mongolia and the Government of Kuwait" in Kuwait City. This year marks the 50th anniversary of the establishment of diplomatic relations between Mongolia and Kuwait, and the Air Relations Agreement establishes the legal environment for operating direct flights between the two countries. Under the agreement, airlines from both countries can operate direct and commercial flights, and for Mongolia, it opens the possibility of using Kuwait as an intermediate stopover for new flights to the Gulf and European countries. It also aims to increase passenger flow, support tourism, and enhance trade and economic exchange between the two countries, particularly in facilitating the logistics of meat exports from Mongolia to Kuwait, making exports more regular, which is of economic significance. After signing the agreement, State Secretary S. Batbold and Sheikh Humoud Mubarak Al-Jaber Al-Sabah held an official bilateral meeting. State Secretary S. Batbold noted that the transport sector is the foundation and basis for expanding cooperation in the economy, trade, tourism, culture, and education, and expressed interest in commencing direct flights between the two countries in the near future. Sheikh Humoud Mubarak Al-Jaber Al-Sabah expressed support for starting direct flights and stated that he would hold urgent meetings with Kuwait Airways and Al-Jazeera Airways to discuss the possibilities and provide a response soon. He also mentioned that discussions were ongoing with relevant Kuwaiti organizations to establish an agreement between the governments of both countries to mutually exempt all passport holders from visa requirements. Source: Civil Aviation Authority Notice to Media Outlets (Television, Radio, Social, and Web pages): We remind that when using our information, either wholly or partially, the source (ikon.mn) must be credited.

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Direct Flights Established Between Mongolia and Kuwait

Published: 2025-01-20 | Translated from: gogo.mn

This year marks the 50th anniversary of the establishment of diplomatic relations between Mongolia and Kuwait. In conjunction with this milestone, an "Agreement on Air Relations" between the Government of Mongolia and the Government of Kuwait was signed. This agreement has created the legal framework to allow for direct flights between Mongolia and Kuwait. Within this agreement, airlines from both countries are now able to conduct direct flights and engage in commercial cooperation. Moreover, for Mongolia, this provides an opportunity to use Kuwait as an intermediate stop for new flights to countries in the Gulf region and Europe, which will help increase passenger flow, promote tourism, and boost trade and economic exchanges between the two countries. This agreement is particularly important for easing the logistical issues related to the export of meat from Mongolia to Kuwait, aiming to make such exports more regular. Ambassador P. Sergelen has proposed to the Kuwaiti side to establish an inter-governmental agreement to mutually exempt all passport holders from visa requirements, and he requested support to finalize the agreement in the near future. Source: Ministry of Transport and Roads

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Received the Copy of the Letter of Credence from the Ambassador of Kuwait

Published: 2025-01-20 | Translated from: montsame.mn

The State Secretary of the Ministry of Foreign Affairs, L. Munkhtushig, received Mutlaq Al-Tuwimer, the newly appointed Ambassador of Kuwait to Mongolia, and accepted the copy of his Letter of Credence. At the beginning of the meeting, State Secretary L. Munkhtushig congratulated the Ambassador on officially commencing his duties. He noted that this year marks the 50th anniversary of the establishment of diplomatic relations between Mongolia and Kuwait and emphasized the importance of successful organization of visits and events planned as part of the anniversary, highlighting that both sides should work with significance towards this. Furthermore, he affirmed that the Ministry of Foreign Affairs would fully support the Ambassador's efforts to expand and develop the relations and cooperation between the two countries in all possible sectors. Ambassador Mutlaq Al-Tuwimer expressed his delight at being appointed as Ambassador to Mongolia and highlighted his particular focus on advancing relations between the two countries to a new level, implementing high-level visits, and expanding cooperation in the sectors of trade, economy, investment, and tourism. He stated his commitment to exerting all efforts to achieve these goals, according to the Ministry of Foreign Affairs.

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Foreign Leaders to Participate in Inauguration Ceremony

Published: 2025-01-20 | Translated from: montsame.mn

President-elect Donald Trump is set to invite and host foreign leaders at the inauguration ceremony, marking the first peaceful transfer of power involving international heads of state in U.S. history. Among the invited leaders to Trump's inauguration are Chinese President Xi Jinping, Argentine President Javier Milei, and Italian Prime Minister Giorgia Meloni. Xi Jinping has sent the Vice President of China to the ceremony instead. Previously, foreign heads of state have not made official visits to the U.S. to attend inauguration ceremonies. This time, Javier Milei of Argentina and Santiago Peña, President of Paraguay, attended the transition of power ceremony on Saturday evening as special guests. Several nominees for key positions in Trump's administration, including Senator Marco Rubio to head the State Department and Robert Kennedy, Jr. as Health and Social Services Secretary, were also present. Here's an overview on foreign leaders coming to Washington for the 60th inauguration ceremony. China: Last December, Chinese President Xi Jinping was the first foreign head of state invited to the inauguration, although he won't attend in person, sending Vice President Han Zheng instead. This event is occurring as U.S.-China tensions may escalate under Trump's administration, with some members holding a firm stance against China—Senator Marco Rubio once called China “our nation’s strongest, most dangerous enemy.” Trump has announced plans to increase tariffs on Chinese goods. However, the two leaders held a phone call on Friday, discussing trade, fentanyl, and TikTok. Trump characterized the conversation as “very productive.” Argentina: Javier Milei was the first foreign leader to meet Trump after the November 5 election. He visited Trump at the Mar-a-Lago estate from Buenos Aires. Implementing bold economic reforms, he identifies as an “anarcho-capitalist” and before delivering his speech on Saturday night, was embraced by close associate Vivek Ramaswamy, who called him an “inspiration.” Milei often received praise from billionaire Elon Musk for measures like cutting public servant jobs, halting infrastructure projects, and keeping salaries and pensions below inflation levels. Ramaswamy and Musk aim to reduce federal government spending, leading NGOs. Milei hopes maintaining good relations with the U.S. will aid in crafting a new agreement with the International Monetary Fund. Italy: Giorgia Meloni recently visited Mar-a-Lago and is expected to attend the inauguration ceremony this week. Although she had a good relationship with Democratic President Joe Biden, she seems to be forming a more pragmatic relationship with Trump. Georgia: Former Georgian President and Western-oriented Salome Zourabichvili is attending as a guest of Republican Congressman Joe Wilson. Protests erupted in the country following parliamentary elections, which the opposition claims were rigged. At the end of last month, following President Mikheil Kavaleshvili’s inauguration, Zourabichvili declared she remains the lawful leader of Georgia. Critics accuse Kavaleshvili’s party of becoming increasingly authoritarian and leaning towards Moscow, a claim dismissed by the ruling party. In an interview with Fox News, Zourabichvili warned that “Russia always seeks domination,” suggesting Georgia could become a “major success or problem” for America in the region. France: Although meeting Trump last month during the opening of Notre Dame Cathedral in Paris, French President Emmanuel Macron will not attend the inauguration. However, far-right figures from France have announced their participation. Talk show host turned political conservative Eric Zemmour and his partner, European Parliament member Sarah Knafo, confirmed their attendance. Zemmour has faced multiple convictions for inciting racial and religious hatred. Marion Maréchal, another far-right politician and European Parliament member planning to run in the 2027 presidential election, also announced her attendance. Who else is attending? Ecuadorian President Daniel Noboa and Paraguayan President Santiago Peña have confirmed their participation, according to their offices. Economist-turned-politician Peña praised Trump’s agenda and hopes for deeper U.S.-Latin America relations, expressed on Saturday night. From Taiwan: For Trump’s inauguration, Legislative Yuan Speaker Han Kuo-yu and seven others were dispatched to Washington, but due to cold weather leading to an indoor ceremony, the delegation will not attend, according to Taiwan’s Ministry of Foreign Affairs. Taiwanese representatives plan to meet with American politicians and think tank scholars to strengthen Taiwan-U.S. relations. Whether they'll meet Trump remains uncertain. Trump has criticized Taiwan for moving some semiconductor factories out of the U.S., though U.S.-Taiwan relations improved significantly during his first term. On Friday, during a phone call with Xi Jinping, Trump urged him to approach the Taiwan issue cautiously, emphasizing its link to China’s sovereignty and territorial integrity. Beijing has consistently viewed the island as Chinese territory, threatening to annex it if necessary.

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Ambassador Batbayar to Attend Inauguration Ceremony of US President Donald Trump

Published: 2025-01-20 | Translated from: ikon.mn

The inauguration ceremony of US President Donald Trump will take place today, January 20th. Previously, it was reported that heads of state such as Indian Prime Minister Narendra Modi, Chinese President Xi Jinping, and Italian Prime Minister Giorgia Meloni were invited to the event. Representing our country, Ambassador Extraordinary and Plenipotentiary Ö. Batbayar will attend the ceremony. Notice: Media organizations (Television, Radio, Social networks, and Websites) must cite the source (ikon.mn) when using this information in any form, either fully or partially.

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Infrastructure

Heard Report on Oil Refinery Construction Project

Published: 2025-01-20 | Translated from: news.mn

The Democratic Party caucus in the State Great Hural (Parliament) of Mongolia held a meeting where they heard a report on the project for constructing an oil refinery in Mongolia. This project is under investigation by the Standing Committee on Industrial Policy, which is responsible for preparing related proposals, conclusions, and draft resolutions. The report was delivered by the head of the working group, Member of Parliament L. Munkhbayasgalan, along with Director of the Risk Management Department of the National Audit Office D. Otgonbayar, and the Democratic Party caucus advisor, economist A. Batpurev. Additional financing is needed to complete the construction of the oil refinery, so the Government of Mongolia has decided to obtain an extra $462.2 million from India, and the loan agreement is currently being discussed in Parliament. The loan conditions are similar to previous agreements, with an interest rate of 1.75% per annum, service and commitment fees each at 0.5%, a grace period of five years on principal repayment, and a total term of 20 years. If Parliament approves the loan agreement, the construction of the oil refinery will continue without interruption. The government has set a target to implement a total of 14 mega projects during its term, with the oil refinery being the first project expected to yield benefits, according to Finance Minister B. Javkhlan. Additionally, the Democratic Party caucus also heard information about the draft resolution of Parliament regarding the general development plan of the capital city Ulaanbaatar up to the year 2040. Member of Parliament J. Batsuuri, who is also the Minister of Urban Development, Construction, and Housing, presented the draft resolution, alongside officials, and answered members' questions.

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SOUTH GOBI: Bringing Water to the Desert is Crucial for Implementing Major Projects

Published: 2025-01-20 | Translated from: montsame.mn

Members and representatives of the Economic Standing Committee of the State Great Khural visited Gashuunsukhait, Gants Mod, the border connection terminal, railway construction, and activities of the Tavan Tolgoi and Oyu Tolgoi mines. The working group met with the management of open-pit and underground mines, processing plants, and the Khankhongor and Tsogttsetsii soums to listen to pressing issues and exchanged views on improving policy coherence regarding social issues, health, environmental issues of local residents and mining workers, local advantages, and contributions to development. Members of the Economic Standing Committee emphasized that it is crucial to resolve mutual benefits on the ground when implementing major projects of the joint government. There is an inevitable need to draw water to the Gobi during the implementation of major long-term and short-term projects in Mongolia. Hence, citizens were informed that specific steps have been initiated at the parliamentary and governmental levels. The local government informed the working group about unresolved issues such as a school for 960 children to be built with state funds in Tsogttsetsii soum, which contributes the most to the state budget, not being funded for the past five years, a collapsed building, increasing dust pollution due to mining, and local people suffering from allergies and livestock meat and hides becoming causes for infectious diseases. The working group worked on-site in the local area and decided to issue instructions to the relevant organizations according to the situation.

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Kh. Nyambaatar: As part of the Tuul Highway Construction, Dakhuree and Narantuul Markets will be Relocated to the City Outskirts

Published: 2025-01-20 | Translated from: ikon.mn

The new ring road of Ulaanbaatar city will start from Naadam Road and pass through Önör khoroolol, Bayankhoshuu, Khailaast, Chingeltei, Doloon buudal, Dari-Ekh, Monel, and Chuluun Ovoo, connecting to the Tuul Highway. City governor Kh. Nyambaatar explained, "The six-lane ring highway of Ulaanbaatar will be built with financing from the World Bank. This road will not have traffic lights and will connect to the Aviation Highway. The land for the road construction has been cleared. The first ring highway will pass by the First District through an overpass, circle Bayankhoshuu and Selbe, and follow the route to Chuluun Ovoo, connecting with the Tuul Highway. A total of 26.7 kilometers of road will be built." The Chinese Academy of Sciences won the tender and is currently developing the feasibility study for the road. Initially, the tender for the six-lane bridge with roundabouts on four sides, which will mark the beginning of the Naadam Road section of the ring road, will be announced soon. By June, a tender for the 26-kilometer ring road extending from this bridge will be announced as the feasibility study is developed. The Selbe Highway will connect directly with the Tuul Highway from the Dund River without turns. In connection with the Tuul Highway construction, Dakhuree and Narantuul markets will be relocated to the ends of the highway on either side of the city. This is part of an initiative to reduce vehicles within the city. Land clearance is about to begin. Regarding the Tuul Highway, it is currently planned to announce an international open tender shortly. It is also planned to begin preparations in April for signing the agreement for the six-lane, approximately 33-kilometer Tuul Highway from the Emeelt junction to the Bayanzurkh bridge.

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100 MW of Power to be Generated from Coal Waste

Published: 2025-01-20 | Translated from: gogo.mn

The "Blue Coal" project, part of the government’s 2024-2028 operational program known as the New Revival Policy, is one of the 14 mega projects to be implemented by the government. It aims to establish a "Coal Chemical Complex" based on the Baganuur coal mine. In relation to this, discussions are currently being held with relevant officials at the "Erdenes Mongol" LLC factory in Baganuur district regarding winter preparation and the issues of the newly implemented briquette production plant. With the implementation of the "Blue Coal" project: - 100 MW of power will be generated from coal waste - The possibility to produce raw materials for chemical substances domestically will be achieved Blue coal is cost-effective, with production costs 62% lower than the current improved fuel. Air pollution can potentially be reduced by 60-80%, according to the Press Office of the Deputy Prime Minister.

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Narantuul and Da Khuree Markets to Be Relocated to Opposite Sides of the City

Published: 2025-01-20 | Translated from: isee.mn

As part of efforts to reduce traffic congestion in Ulaanbaatar, two major projects are set to begin in 2025. Specifically, the city mayor, H. Nyambaatar, is working on initiating a contract in April for the construction of a 6-lane highway, approximately 33 kilometers long, stretching from the Emeelt Roundabout to the Bayanzurkh Bridge. In line with this project, plans are underway to relocate the Da Khuree market and Narantuul market to the ends of these city highways, with land clearance already starting.

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Kh. Nyambaatar: Street vendors and kiosks will be relocated to underground metro stations

Published: 2025-01-20 | Translated from: ikon.mn

Nyambaatar, the city mayor, provided an update on the progress of the metro project. He stated, "Today, we will complete the metro's Technical and Economic Feasibility Study (TEFS). Once the TEFS is completed, it will be inspected by the Road Development Center and the Building Development Center. We will send invitations to the 15 shortlisted companies for the final selection based on the TEFS criteria for the EPC (Engineering, Procurement, Construction) contract. By March 20th, we will gather feedback from these companies. For the metro project, we will use up to three billion pounds in guarantees from the United Kingdom Government to secure around 20-year financing from foreign banks and financial institutions. In this case, UKEF will not require a debt guarantee from the Government of Mongolia. On February 5th, a team from J.P. Morgan will arrive in Ulaanbaatar to begin the first round of financing negotiations. The construction of the metro will start within this year. China has experience in completing a 100% underground metro line of 18 kilometers in 4-5 years. In Ulaanbaatar, the metro line will be built entirely underground, and street vendors and kiosks will be relocated to the metro stations." The advisory team from South Korea's "Duhwa Engineering" company revised the total length of the metro line from 17.7 kilometers to 19 kilometers in the TEFS. Notice: Media outlets (Television, Radio, Social and Web pages) must cite the source (ikon.mn) when using our information in any form, completely or partially.

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Society

Training Held to Empower Volunteers

Published: 2025-01-20 | Translated from: isee.mn

The Citizen's Representative Office of Khan-Uul District and the Red Cross Committee organized a training session to empower volunteers under the public health support program aimed at preventing the spread of influenza and influenza-like illnesses. Due to the increased spread of these diseases, the training session was held to enable volunteers to educate the residents of their respective neighborhoods on how to prevent the outbreak of influenza and similar illnesses, and how to adhere to infection prevention measures. In case of necessity, the volunteers will be prepared to respond effectively.

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Environment

BNTU Signed Memoranda on Cooperation in the Environmental Sector

Published: 2025-01-20 | Translated from: isee.mn

The state visit of the President of Mongolia, Ukhnaa Khurelsukh, to the Republic of Turkey, upon the invitation of the President of the Republic of Turkey, Recep Tayyip Erdoğan, is ongoing. The parties have signed a total of 11 documents between the two countries and their governments and organizations with the aim of expanding and developing relationships and cooperation. The "Joint Declaration on Establishing a Strategic Partnership between Mongolia and the Republic of Turkey" was signed by President U. Khurelsukh of Mongolia and President R. T. Erdoğan of the Republic of Turkey. Since 2004, the two countries have engaged in a Comprehensive Partnership, and during the state visit, the level of relations was elevated to a Strategic Partnership. This has established a Strategic Partnership for Mongolia with nine countries. Moreover, S. Odontuya, the Minister of Environment and Climate Change, who was part of the delegation, signed three memoranda of understanding with Mr. Murat Kurum, Minister of Environment, Urbanization, and Climate Change of Turkey, to collaborate. The "Memorandum of Understanding on Cooperation in the Environmental Sector" between the Government of Mongolia and the Government of the Republic of Turkey was signed by Mongolian Minister of Environment and Climate Change, Saldanjiin Odontuya, and Turkish Minister of Environment, Urbanization, and Climate Change, Murat Kurum. Cooperation will focus on areas such as environmental management, climate change, clean production, biodiversity, special protected areas, environmental information systems, and capacity building in human resources. The "Memorandum of Understanding on Cooperation in the Forestry Sector" between the Government of Mongolia and the Government of the Republic of Turkey was also signed by Ministers Saldanjiin Odontuya and Murat Kurum. They will cooperate in fighting desertification and land degradation, reforestation, afforestation, nursery production, combating harmful insects, and forest and steppe fires, and in providing necessary materials and technical equipment while enhancing human resource capacity. They agreed to introduce Turkey's advanced practices in preventing forest fires, which are based on scientific and environmental research, to Mongolia. Furthermore, the "Memorandum of Understanding on Establishing Sister National Park Relations between the Orkhon Valley National Park of Mongolia and the Sakarya Meydan Muharebesi National Park of the Republic of Turkey" was signed by the two ministers. They will work together on management of specially protected areas, conservation of natural resources, ecological restoration, joint long-term climate change research and monitoring, promoting eco-tourism and ecological education, sharing experiences in the management and operations of natural parks, and increasing capacity.

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High Air Pollution Levels in Tolgoit, Bayankhoshuu, and around the First District

Published: 2025-01-20 | Translated from: isee.mn

As of 10:15 AM today, air pollution is high in the Tolgoit, Bayankhoshuu, and First District areas. Specifically, in Tolgoit, PM2.5 levels are at 287, PM10 at 174, and sulfur dioxide (SO2) at 237, indicating a significant level of air pollution. In Bayankhoshuu, PM2.5 is at 294 and SO2 is at 177. Additionally, in the First District area, PM2.5 is at 288, SO2 is at 102, and PM10 is at 200. During periods of high air pollution, people with chronic heart and lung diseases, the elderly, and children should avoid any type of outdoor physical activity. Those with chronic conditions should regularly monitor their blood pressure, stay under medical supervision, and take their medications on time. It is also advisable to go out in fresh air and wear masks.

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The Blue Coal Project Will Set a Model for the Region

Published: 2025-01-20 | Translated from: news.mn

Presenting information about the semi-coking coal project, one of the 14 mega projects of the government. Deputy Prime Minister S. Amarsaikhan and relevant officials are visiting Baganuur district today to familiarize themselves with the status of the blue coal project and the new briquette fuel plant being constructed. During this visit, Deputy Prime Minister S. Amarsaikhan highlighted that they have decided to implement economically significant projects in Baganuur as part of developing the eastern region, expanding the city's population, and creating new jobs. He emphasized that this will result in many social and economic benefits. The Executive Director of "Erdenes Industrial Technology Park" LLC, N. Munkh-Ider, stated: "The 'Erdenes Mongol' union has developed its medium-term strategic plan for 2024-2028. Within the framework of the strategic plan, there will be focus on five main directions, including production and technology. We are aiming to bring strategically important deposits into economic circulation, imbued with added economic value and high economic returns, and to significantly enhance their impact on the society and economy. We have planned and incorporated the establishment of six industrial technology parks in our strategic planning. The task of managing the planning for these industrial technology parks is being undertaken by 'Erdenes UTP' LLC."

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N. Sugar: Residents shall be fined if they take out their rubbish during morning and daytime hours according to the decree issued by the Governor of Chingeltei District

Published: 2025-01-20 | Translated from: isee.mn

The Governor of Chingeltei District has issued a decree prohibiting the disposal of waste during the day in the six central khoroos or building districts of Chingeltei. According to the manager of Chingeltei District, N. Sugar, "Residents and business entities are allowed to dispose of their rubbish at the central waste point between 18:00 and 21:00. It is forbidden to dispose of waste at other times. If someone is found disposing of waste outside these hours, they will be considered in violation of the waste management law and will be subject to fines."

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Innovation

Installing technology in the oil refinery

Published: 2025-01-20 | Translated from: news.mn

The investment cost required for constructing and establishing the oil refinery has increased by more than 400 million USD, leading to much speculation. In response to this issue, the CEO of "Mongol Oil Refinery" SEZ LLC, D. Altantsetseg, provided the following clarification. - It has been mentioned that the oil refinery project began without a feasibility study. Could you provide precise information regarding this issue? The feasibility study for the oil refinery was approved at the end of 2018, and engineering work began in 2019. Some members have been irresponsibly claiming that this project, which involves major players and technology developers in the petrochemical sector at the governmental level of India and Mongolia, has no feasibility study, water analysis, or environmental analysis. This project is under high-level government oversight of two countries. The feasibility study answers what is needed to construct this plant and its socio-economic significance. It's the most basic document. A feasibility study is research. Then engineering begins. Engineering has five phases, and we divide the project into four parts based on the complexity of the oil facilities and the time needed for engineering work. The first phase is completed, and the second and third phases are underway. When the fourth phase begins, additional funding will be required. The feasibility study was done in 2018, and it should be updated every five years as per the regulation. After the project started, the global pandemic hit, followed by price increases and shortages of technical equipment; yet we have continued. Due to the persistent efforts of the governments of India and Mongolia and the project implementation company, the cost has risen by 34% from the estimates made in 2017 and 2018. The expenses funded by the state budget of our country have doubled. Although the project progressed during the pandemic, it has never stopped. Since decisions on this project are determined by the governments of both countries, there are delays beyond our control. If the additional financial agreement needed for the construction of the plant is ratified by the parliament session, the timeline for project implementation will become specific. - What is the reason for the total cost of the project reaching 1.7 billion USD? A total of 1 billion 698 million USD is required to construct and establish the plant. 41 million USD is unexpected work costs. Licensing fees amounting to 18.5 million USD are also included. Each of the seven licensed technology facilities requires four different contracts related to deep-processing technology built under licenses from US, French, and Italian conglomerates. For each facility, two of these contracts, for licensing fees and for general engineering design, are executed and implemented. Subsequently, the plant's process technology facilities, such as reactors where the initial charging happens, as well as catalysts and chemicals, must be obtained from the license owner. Patented equipment, which is mandatory, must be acquired for each facility. The contracts for these two parts have not been finalized, which is why they will be carried out in parallel with the fourth phase. Examining the cost of oil refineries similar to ours, new projects are being implemented in Uganda and our country. We are developing the infrastructure anew. There is an index. Calculating the investment cost for processing one million tons of oil, ours is 1.16, Uganda's is 1.6, Kazakhstan's is 1.3, and the USA has an index of 8. We procure all of our equipment from abroad. More importantly, according to the terms of EXIM bank loans, a certain portion of goods, work, and services must be acquired from the specified country, and in India, it was 75%. In negotiations, we have been able to reduce it to 50% to lower our investment expenses. - What percentage of the factory work is completed? Members of parliament criticize that the cost is rising, yet the percentage of completion of construction is unclear. The oil refinery is a project that is absolutely essential for Mongolia. It will refine domestic raw materials into value-added products, meeting domestic needs. The products are of strategic importance. The refinery is a crucial facility. Debating whether to build it or whether there is a feasibility study at this point is untimely political maneuvering. The periodization is misguided. This plant is nearing its final stages. Equipment is being installed. - It is being said that only 260 million USD has been spent on the project so far, where is the rest? Of 1 billion 236 million USD, 260 million dollars is spent. Five percent is on engineering, 35 percent is on construction, and 60 percent on equipment procurement. Equipment is produced abroad, and the loan money is not yet deployed. Upon arriving at our plant premises, 85 percent is at completion, and 15 percent will be handed over to the state, which makes the loan usage appear low. Hence, an engineering, procurement, and construction contract with a turnkey condition has these characteristics.

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84% of Adults Are Using E-Mongolia

Published: 2025-01-20 | Translated from: gogo.mn

A new service has been launched in the E-Mongolia system to gather feedback on government audit topics from citizens and the public. The E-Mongolia system provides a total of 59 types of services to citizens. Its main underlying system is KHUR, the state information exchange system, which includes 816 services, 532 organizations, and data from 390 private companies. Since its introduction in 2018, the system has conducted 3.4 billion transmissions. The E-Mongolia platform is used by 85% on mobile phones and by 25% through the web at e-mongolia.mn. The E-Business system has been separated from E-Mongolia because citizens often mistakenly attempt to access services meant for legal entities. All processes such as choosing legal entity names and registering special permits have been digitized. Since the E-Mongolia system introduced its services on October 2, 2020, it has delivered 65 million services to citizens and legal entities. Currently, 1263 types of services are provided by 87 organizations, and with the introduction of services from the General Audit Authority of Mongolia, it will become the 88th organization. Therefore, proposals on government audit topics from citizens and public organizations are being accepted throughout the year and will be consolidated by February 5 each year. In particular, auditing topics suggestions from citizens and public organizations are being collected via E-Mongolia's electronic government services. As of today, there are 1.9 million registered users, representing 84% of adult citizens. Among them, 87.9% are aged 18-24, 94.4% are aged 25-34, 96.9% are aged 35-44, 90.4% are aged 45-54, and 74.2% are from the 55+ age group. There is some difficulty for citizens abroad in using E-Mongolia, but improvements are underway to enable over 200,000 Mongolians living abroad to access government services. Usage is continuously increasing, with 2.1 million services delivered to 610,000 active users each month. The digitalization of government services has saved citizens and legal entities 1.3 trillion MNT in costs. In addition to services for adults, an E-Kids platform has been introduced, enabling children to send their location, receive guidance and advice, chat, access electronic textbooks, send information to the police, and call for help. There is some difficulty for citizens abroad in using E-Mongolia, but improvements are underway to enable over 200,000 Mongolians living abroad to access government services. Usage is continuously increasing, with 2.1 million services delivered to 610,000 active users each month. The digitalization of government services has saved citizens and legal entities 1.3 trillion MNT in costs. In addition to services for adults, an E-Kids platform has been introduced, enabling children to send their location, receive guidance and advice, chat, access electronic textbooks, send information to the police, and call for help.

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ORHON: Residents of 260 Apartments to be Registered Online

Published: 2025-01-20 | Translated from: montsame.mn

The "Affordable Housing" Block A, built with local budget investments, has been accepted by the state commission and is ready for sale to the public. Since two of the 5 block buildings were not yet in use, online registration for sales to residents is set to begin on January 22. The local council meeting established the price of 1 square meter of the 260 apartments at 1,952,798 MNT and the price of a parking space at 2,138,000 MNT. The apartments are intended for government employees and citizens with low to medium income and were completed by Neman Construction. The apartments will be sold according to the "Affordable Housing" guidelines approved by the local council. Criteria for eligibility include owning a plot of land without engineering facilities, living in a ger district for the past five years, and having the financial resources to purchase the apartment. As before, the registration process is committed to being open, transparent, and fair, and will be organized via the SMART ERDENET mobile application. Online registration opens at 9:00 AM on January 22 and closes at 6:00 PM on January 23.

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Galaxy Unpacked 2025: The Future is Closer Than You Think!

Published: 2025-01-20 | Translated from: ikon.mn

Samsung Electronics has been continuously expanding the boundaries of technology and shaping future trends. The Galaxy Unpacked event will be held in San Jose, USA, ready to usher in a new era of mobile technology. The main highlight of this event is the introduction of the next generation of the famous Galaxy S series and the most advanced solutions in artificial intelligence, marking a historic moment in defining the future of mobile phones. Samsung's Galaxy AI is already known worldwide for its purpose of simplifying users' daily lives and making usage smarter, having been recognized for over a year now. This artificial intelligence, which predicts your needs and eases daily tasks, is expected to elevate the quality of life to unprecedented levels at the upcoming Galaxy Unpacked launch, according to experts. During this year's Galaxy Unpacked event, Samsung plans to unveil advanced AI-based performance, high precision camera technology, new customization options tailored to user preferences, and a more intelligent, user-friendly ecosystem through their Galaxy S models. Samsung Galaxy devices aim to make everyday life more valuable and easier with smart recommendations and automated assistant services based on real-time information. These solutions not only save time and increase productivity but also significantly improve the quality of life for users. Mongolian users can watch the Galaxy Unpacked event live in their native language at www.samsung.com/mn. Thus, it only remains to witness how technological advancements are intricately intertwined with human life and where the future is headed! Notice: Media outlets (TV, Radio, Social, and Web pages) must cite the source (ikon.mn) when using our information in whole or in part in any form.

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Selection of Supplier for Cisco Devices License Renewal

Published: 2025-01-20 | Translated from: isee.mn

INVITATION TO BID Khan Bank is conducting an open selection process to choose a supplier for the renewal of licenses for Cisco devices. We invite experienced businesses in this field to participate in the selection process. Organizations wishing to participate must deposit 50,000 MNT, which is non-refundable, to the Khan Bank account number 5000000015. Please send proof of payment along with an official letter to [email protected] to receive the selection data and information. Financial proposals should be submitted to [email protected], and other electronic materials should be sent to [email protected]. Both must be submitted by January 24, 2025, before 10:00 AM with the subject line RFP25-RITM1616256. Only selected companies will be notified. Address: Khan Bank Tower, Chinggis Avenue, Stadium Orgil-1, Khan-Uul District 15, P.O. Box 192, Ulaanbaatar 17010 Note: For information related to the selection process, please contact [email protected].

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Health

ARKHANGAI: Collaboration Initiated with the Republic of Korea's "Open Society of Doctors"

Published: 2025-01-20 | Translated from: montsame.mn

On January 10, 2025, the Health Department of Arkhangai Province, the "Open Society of Doctors" from the Republic of Korea, and the Arkhangai Branch of the Red Cross signed a tripartite agreement to collaborate in the fields of humanitarian and health services at the local level. As part of the partnership with the "Open Society of Doctors" from the Republic of Korea, they plan to organize free medical check-ups and consultations for the residents of Erdenebulgan sum in 2025. Additionally, there will be support provided to implement the "Healthy Teeth Arkhangai" project and facilitate the exchange and training of medical professionals.

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Health Insurance Contributions for Self-Employed Individuals Will Increase

Published: 2025-01-20 | Translated from: gogo.mn

In a regular meeting of the government, it was decided to update the percentage of health insurance contributions in connection with the minimum wage for that year. In line with this, it was regulated that the rate for 2025 will be calculated and paid at 2 percent of the minimum wage. Source: Health Insurance Fund

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T.Ganduulga: Households commonly make mistakes such as not activating or losing their carbon monoxide detectors

Published: 2025-01-20 | Translated from: ikon.mn

In Ulaanbaatar city's ger district, inspections have been conducted over the weekend to check the safety of household and business stoves and heating systems, the proper functioning of carbon monoxide detectors, and whether any third source of pollution is being burned. Recommendations and guidance were also provided, and research was conducted citywide. The inspections took place across the seven districts of the capital, involving more than 9,000 city and district government officials, who inspected over 196,000 households and businesses. Regarding this, T. Ganduulga, the senior officer in charge of the 1st committee of the Improved Fuel Control Department in Songinokhairkhan district, stated, "During the inspections, we found common mistakes such as stoves being incomplete, cracks appearing because walls weren't fully plastered when cleaning their own fireplaces, using two different levels of chimney connections, and installing valves. Moreover, people either don’t activate their carbon monoxide detectors or have lost them and not replaced them." It is essential for all types of stoves and fireplaces to be complete and without any gaps, and chimneys should be valve-free to prevent the risk of carbon monoxide. The Improved Fuel Control Department has installed two types of carbon monoxide detectors in the ger district households—ones with transmitters and battery-operated ones. The transmitter-type detectors need to be connected to electricity 24 hours a day to provide continuous information to the center, thus preventing potential risks. Meanwhile, the batteries of the battery-operated carbon monoxide detectors should be regularly checked to ensure proper operation. Carbon monoxide detectors should be placed at the highest point in the house, facing down from the ceiling. Fireplaces should be cleaned every season, and if families cannot do it themselves, they can call 7011-9410 for free cleaning services. Source: Public Relations Department of the Governor's Office of the Capital City. Warning: Media organizations (Television, Radio, Social media, and Websites) must always cite the source (ikon.mn) when using this information in any form, whether fully or partially.

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Criminal cases involving hospital equipment and bribery sent to court

Published: 2025-01-20 | Translated from: gogo.mn

The prosecutor's office monitored 47,196 case registrations and 1,939 investigations, filing indictments in 202 criminal cases and transferring them to court. Among the cases transferred to court: The city prosecutor's office has filed an indictment in the Chingeltei District Criminal Court against a health center official, B.G., for abusing his power and position by giving away medical equipment purchased with state budget funds to others, thereby creating an economic advantage for himself. This action was prosecuted under Article 22.1, Section 2 of the Criminal Code, which concerns abuse of power or official position. An employee of "Erdenes Tavan Tolgoi" LLC, G.A., was charged with accepting bribes after implementing his duties for personal interest by concluding and extending contracts with Chinese investment enterprises engaged in coal sales and sharing confidential information about foreign investment companies cooperating with "Erdenes Tavan Tolgoi" LLC. This was prosecuted under Article 22.4, Section 4 and Article 22.5, Section 1 of the Criminal Code, regarding public officials accepting bribes and giving bribes. These charges were submitted to the District Criminal and Civil Preliminary Hearing Court. Furthermore, "S" LLC, operating in foreign trade and mining, illegally imported a total of 5 liters of substances listed as banned chemicals in Mongolia. They were prosecuted under Article 24.3, Section 1, 3 of the Criminal Code, concerning the illicit circulation of hazardous chemical substances, and transferred to the Sum Inter-District Criminal Court of Sukhbaatar province. Source: UEPG

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108 Emergency Calls Reported, 19 Lives Saved

Published: 2025-01-20 | Translated from: montsame.mn

Last week, a total of 79 emergency calls were recorded nationwide in 8 districts of the capital and 34 soums in 16 provinces. Emergency response personnel from both central and local organizations carried out missions in response to these calls, saving the lives of 19 citizens. Out of all the calls, 69 were related to fires, 8 were accidents associated with human activity, and 2 were geological disasters.

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Arts

President Khurelsukh Visits Hulagu Ilkhan's Summer Palace Excavation Site

Published: 2025-01-20 | Translated from: unuudur.mn

The President of Mongolia, U. Khurelsukh, concluded his state visit to the Republic of Turkey yesterday, at the invitation of President Recep Tayyip Erdoğan. This visit is significant as it marks the 55th anniversary of diplomatic relations between the two countries and comes 21 years after a Mongolian head of state last visited Turkey. Mongolia and Turkey have maintained a close friendship, especially in the realms of history and culture. During the visit, President Khurelsukh aimed to promote Mongolia's traditional heritage and culture. As part of this, the Mongolian National Philharmonic Orchestra's Morin Khuur Ensemble performed at the Ataturk Cultural Center in Istanbul, captivating both Turkish and Mongolian expatriates. The Mongolian artists' performance of Turkish national music was well received, with the audience standing in applause. Another highlight of the visit was President Khurelsukh's tour of the archaeological excavation site of Hulagu Ilkhan's summer palace with his wife L. Bolortsetseg. The site is located in Van province and includes a detailed stone image of Khan Hulagu on the wall of the "Akdamar" church. Governor Ozan Balci and other officials and researchers greeted President Khurelsukh and introduced him to the ongoing archaeological work. A joint research team from the National University of Mongolia and the Katil "Çelebi" University of Izmir conducted exploratory excavations in 2022 and 2023 at the Chaldiran region of Turkey's Van province. They discovered the ruins of the summer palace, determining its dimensions to be 900 by 1200 square meters. The excavation unearthed remnants of pottery with cross patterns and kites, marking the first time such Mongolian-style artifacts have been found in the Middle East. The extensive excavation of Hulagu Ilkhan's summer palace, built 760 years ago, is set to begin later this year. Turkey aims to reconstruct the Mongolian-style palace to reflect its original design and present it to the public soon. Researchers noted that the summer palace faced southeast. President Khurelsukh's arrival in Turkey's eastern city brought significant progress to the research efforts. This episode once again showcases Mongolia's vast empire, demonstrating to the world its remarkable history. As highlighted during the archaeological tour, the Ilkhanate was one of the four khanates within the Mongol Empire during the 13th and 14th centuries. Centered in Persia, it encompassed modern-day Iran, Iraq, Afghanistan, Turkmenistan, Armenia, Azerbaijan, Georgia, Turkey, and western Pakistan. The Ilkhanate originated during Genghis Khan's conquest of the Khwarazmian Empire, with Hulagu Khan, Genghis Khan's grandson, establishing it.

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Today's Stories

Politics

Economy

Diplomacy

Infrastructure

Society

Environment

Innovation

Health

Arts

Politics

Information on Foreign Loans and Scholarships Remains Concealed and Under ‘Special Protection’

MNB Remained Silent on the Death of the First President of Mongolia

Distribution of the "Cake" in the Diplomatic Offices

South Korea Reduces Quota for Receiving Foreign Workers

Events: Members of the Liberty Coalition Party Demand Government Resignation and Will Go on Hunger Strike

"Government Resign" Protest Continues Today as a Strike

The Government Now Holds Meetings Every Saturday

Citizens not Registered for Military Service Will Be Fined ₮100,000

E. Odbayar: The deal to keep L. Oyun-Erdene in power seems to be concluding. We've ended up with a weak parliament.

Trump Breaks Inauguration Tradition

Economy

N.Uuganbaatar: The legal framework of the banking sector should be aligned with current demands and international standards

Whoever Supplies Copper and Lithium First Will Achieve Great Success in the Next Decade

Over 200 Turkish and Mongolian Business Leaders Participate in 'Mongolia-Turkey Business Forum' to Collaborate in Multiple Sectors

Mongolia-France Uranium Investment Agreement Reviewed by World Media

M. Dagva: Mongolia has no choice but to work in the field of critical minerals

D. Sumyabazar's Agreement with Kazakhstan to Build a Gold and Silver Factory Cancelled Due to 'No Financing from Mongolian Side'

Millennium Challenge Account - Mongolia: Job Opening Announcement

Announcement of Open Job Positions for the Project

Mongolia and France sign investment agreement for uranium project

D. Arembayasgalan: It is necessary to reduce the interest rates

S.Bold-Erdene: Everyone agrees that copper consumption will continue to increase

Revenue of the Industrial Sector Increases to 32.2 Trillion Tugriks

Paid $10 Million in Interest Despite Not Fully Using the Loan to Build an Oil Refinery

Structure of Income and Expenses of the Social Insurance Fund for 2024

Diplomacy

Mongolia Aims to Shed Its Image of Being 'Unreliable'

Legal Environment Established for Direct Flights Between Mongolia and Kuwait

Direct Flights Established Between Mongolia and Kuwait

Received the Copy of the Letter of Credence from the Ambassador of Kuwait

Foreign Leaders to Participate in Inauguration Ceremony

Ambassador Batbayar to Attend Inauguration Ceremony of US President Donald Trump

Infrastructure

Heard Report on Oil Refinery Construction Project

SOUTH GOBI: Bringing Water to the Desert is Crucial for Implementing Major Projects

Kh. Nyambaatar: As part of the Tuul Highway Construction, Dakhuree and Narantuul Markets will be Relocated to the City Outskirts

100 MW of Power to be Generated from Coal Waste

Narantuul and Da Khuree Markets to Be Relocated to Opposite Sides of the City

Kh. Nyambaatar: Street vendors and kiosks will be relocated to underground metro stations

Society

Training Held to Empower Volunteers

Environment

BNTU Signed Memoranda on Cooperation in the Environmental Sector

High Air Pollution Levels in Tolgoit, Bayankhoshuu, and around the First District

The Blue Coal Project Will Set a Model for the Region

N. Sugar: Residents shall be fined if they take out their rubbish during morning and daytime hours according to the decree issued by the Governor of Chingeltei District

Innovation

Installing technology in the oil refinery

84% of Adults Are Using E-Mongolia

ORHON: Residents of 260 Apartments to be Registered Online

Galaxy Unpacked 2025: The Future is Closer Than You Think!

Selection of Supplier for Cisco Devices License Renewal

Health

ARKHANGAI: Collaboration Initiated with the Republic of Korea's "Open Society of Doctors"

Health Insurance Contributions for Self-Employed Individuals Will Increase

T.Ganduulga: Households commonly make mistakes such as not activating or losing their carbon monoxide detectors

Criminal cases involving hospital equipment and bribery sent to court

108 Emergency Calls Reported, 19 Lives Saved

Arts

President Khurelsukh Visits Hulagu Ilkhan's Summer Palace Excavation Site

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