Mar 11, 2025 92 min read Daily News Summaries

Mongolia News Summary for March 11, 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

L. Oyun-Erdene: The government is not involved in “Unitel” or “Shangri-La” rental issues; we are only verifying if the strategic deposit has been allocated according to the law

Published: 2025-03-10 | Translated from: isee.mn

Prime Minister L. Oyun-Erdene, during an interview with "Daily News", responded to several questions regarding the utilization and ownership of strategic mineral deposits. "I would like to continue our conversation on a recent hot topic. People see the government as confronting a major national company. On the other hand, there's information suggesting that the initial allocation of Ukhaa Khudag to Kh. Odjargal and others was flawed. Can you provide a clear explanation on how it was allocated?" "First, let me clarify that this is not a conflict with the private sector, but a matter of determining whether there were legal violations. Exploration began at the Tavan Tolgoi deposit in the 1940s. The state budget funded this exploration from 1977 to 1993, with specific allocations in the years 1978, 1979, 1982, 1986, and 1989-1993. Reviewing the legal acts that determined the ownership of such a large deposit explored with state resources is a normal function of any country's government and parliament. Was the former head of the Mineral Resources Authority entitled to acquire a license for such a deposit for themselves? Is transferring rights through government notes instead of resolutions a legal act?" "Utilizing and deciding ownership in strategic mineral deposits fall under the jurisdiction of the parliament. Therefore, it has been necessary to clarify whether it was discussed in parliament, and to take guidance from parliament on one side, while ensuring the public's right to know and reach a unified understanding on the other. Generally, issues in big mining deals generate a lot of skepticism. The Dubai agreement was not discussed by the government, and the Prime Minister issued an order, which became controversial. Similarly, the decision to handle Erdenet's 49% outside parliament was problematic." "The government is not involved at all in rental issues of companies like 'Coca-Cola', 'Unitel', 'Sky Resort', or 'Shangri-La'; we are simply verifying if the strategic deposit has been allocated according to law. A working group led by the Minister of Justice, O. Altangerel, is working on this. It's right for enterprises to cooperate transparently and provide their documents to the working group. I am confident that the working group will collaborate with the parliament to make lawful decisions, without taking sides." "Will this issue be reviewed for other places considered strategic deposits? These have already been introduced to international financial markets. Once people receive dividends through the wealth fund from their 34% share, they seem to show even more interest." "Yes, we understand our investors. The government pays close attention to this. Indicators and large projects are the results of this policy. However, no country would overlook the fact that such huge assets were introduced internationally without parliamentary discussion. Again, in any country, it is the norm for such massive deals to be scrutinized by the parliament as part of a lawful state." "No one created the natural resources; they are the wealth within our land. Being in charge of our resources is the shared aspiration of our citizens. According to studies, it's a topic constantly in the spotlight above 70%. The rightful question they ask is what benefit will it bring to our country, my living environment, myself, and my children. Naturally, the resources should be used by investing. Therefore, a business has to be profitable. It’s clear that every enterprise seeks profit. The point of harmony between these notions is the Wealth Fund. Internationally, it is recognized as a good practice and not something made up." "President U. Khurelsukh was elected with the core concept of 'Owner of Our Wealth: Mongolia'. His personal philosophy aligns with this idea. The government is being pressured and supported in this regard. Political parties forming the coalition government have united to submit and get the National Wealth Fund Law passed by the parliament. Speaker D. Amarbaysgalan worked in the government and led the working group drafting this law." "Therefore, it’s appropriate to view the National Wealth Fund issue broadly. It's impossible for the government to ignore the Erdenet’s 49%, the debt around Oyu Tolgoi, and the issues surrounding Tavan Tolgoi. As these matters get settled, the National Wealth Fund is forming. As you mentioned, the National Wealth Fund Law has turned dividends from the 34% share of strategic deposits into citizens' savings. Citizens can now see, via E-Mongolia, the savings accumulated from which strategic deposits in their accounts. This creates a direct relationship where people understand and support many large future mining projects, not something the state is taking." "Oyu Tolgoi’s 34% was burdened with a $2.3 billion debt, which hindered the law from being passed. Erdenet’s 49% was also contentious. Numerous issues were also involving Tavan Tolgoi. Addressing these contentious issues was the main goal to create the foundation for passing the National Wealth Fund Law." "Afterwards, the Mongolia-France Uranium investment agreement was ratified, replacing the 34% with MES compensation. Investors noted that the implementation of the National Wealth Fund Law brought many benefits." "In the future, we see it fit to use MES or royalty in its classic sense as compensation for resource utilization. Beyond 2030, it is planned to allocate the compensation for resource utilization not just to the future but also towards accumulation and development." "History shows that the establishment of a Wealth Fund initially encountered many challenges in various countries. It will have some disturbance here too. However, the state cannot be startled by every disturbance. The government is implementing laws passed by the parliament. According to the Constitution, laws apply equally." "There were reports that the MCS company's legal protection department conducted actions exceeding governmental limits. As Prime Minister, you receive intelligence first. However, I don't think they performed operations exceeding the government’s reach. Was the dismissal of Internal Affairs Head R. Chingis related to this? Can you share what information you received?" "The issue you asked about is under investigation. It's not just one organization; similar issues have surfaced in several cases. No one, without the prosecutor's permission, is entitled to surpass the law and interfere with citizens’ personal information or conduct operations using special devices. It needs to be corrected. Such situations often lead to bad examples where they evolve into self-standing police and armies ignoring state norms. Although it’s the individual choice of former law enforcement heads to work for private companies, it’s an issue that needs attention going forward. I think it’s also a mistake that the state fails to notice them." "But it's commonly said that a country develops by supporting its major national companies. MCS is a large taxpayer, a good employer, and an innovator. What if the state acts this way towards wealth creators?" "The government’s position is clear. It will support the private sector and improve the investment environment. The fiscal space will be transferred to the private sector. The goal is to make economic growth more inclusive." "On this front, the Economic Development Council has been actively working. Recently, we discussed investment, business environment evaluation, taxation, and the legal environment of social insurance at the EDC. The movement of large projects is a positive aspect forming a foundational opportunity for a favorable business environment. There’s no disagreement with a company like MCS. The only issue is the matter surrounding a strategic deposit. Bringing contentious issues to parliament and resolving them promptly is the principled approach." "Overall, the private sector needs a truly healthy business environment with free market competition and a legal environment where the law applies equally. It’s not conducive for part of the sector to be above the law while another suffers under state bureaucracy. Genuine business competition cannot occur when some have more information than others, or certain entities cannot obtain information despite seeking it."

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Hold 'Shimt Gazriin' Company Accountable, Terminate Contract to Recover Losses

Published: 2025-03-10 | Translated from: gogo.mn

The construction of a school building with a capacity for 640 students in the third district of Choibalsan city, Dornod province, has been stalled for six years. 'Shimt Gazriin' company, which undertook the project, received funding equivalent to 2 billion tugriks, or 24% of the total 5.4 billion funding. However, the building has remained abandoned during these six years. Education Minister Naranbayar P. visited the site and decided to hold 'Shimt Gazriin' accountable, terminate the contract, and recover losses for the state. Minister Naranbayar P. said, "We will account for the lost opportunity and have the school built by an enterprise that can work quickly. Originally, this school was supposed to be completed this year. The site for the school was determined in 2019. The foundation hasn't been fully poured yet. The head of the provincial education department, Ariunaa N., and other ministry officials are here with me. This company promised to complete the foundation by 2024 but has not done any work. Therefore, it is correct to go to court and recover the money." Ariunaa N., head of the Dornod provincial education department, stated that although they had submitted proposals many times, the work was not done. The third district is the most populous, so schools tend to be overloaded. This year, the Education Ministry has secured funding for a total of 192 projects through the Ministry of Finance. Completing these projects will enable 50,000 children to attend school and kindergarten. Due to the pandemic, the price of building materials has increased, and the company stopped its work and requested a re-evaluation. Company Name: “Shimt Gazriin” LLC
Register Number: 5071445
State Registration Number: 9011017083
Activity Scope:
Phone: 70077888
In 2019, a total of 19 projects were started in the province, and 11 were completed. Many companies that were affected by the negative impact of the pandemic reached agreements with provincial leaders. Some increased their budgets, while others provided additional funding themselves. The Ministry of Finance maintains a blacklist of companies. Companies that fail to fulfill their contractual obligations with the state or attempt to enter a tender with false information are added to this list. The ‘Shimt Gazriin’ company is not on this list. Several tenders have been announced, but 'Shimt Gazriin' has not always been successful. For instance: 1. The irrigation system of the Buyant River, Khovd - Not selected
2. Batch 7 - 3rd phase of Bornuur irrigation system, Tuv province - Not selected
3. Batch 6 - Repair of 'Tsagaan Gol' irrigation system, Bayangovi, Bayankhongor province - Selected
4. Protect Gan Lake from pollution and freezing, improve flow (Sukhbaatar) - Selected
5. Batch 1 - School building, 320 seats /Gobi-Altai, Khokhmort soum - Not selected
6. Museum building /Dornod, Kherlen soum - Not selected
7. Batch 1 - Museum building /Dornod, Kherlen soum - Not selected
8. Batch 1 - School building, 640 seats /Dornod, Kherlen soum, 3rd district - Not selected
9. School building, 640 seats /Dornod, Kherlen soum, 3rd district - Selected
Reasons behind tender selections have varied, but delays like these harm community development and children’s education prospects.

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Former Members of the National Security Council to be Appointed as Special Ambassadors

Published: 2025-03-10 | Translated from: itoim.mn

Prime Minister L. Oyun-Erdene gave an interview to today's issue of "Daily News." In the interview, he mentioned that those who have served as members of the National Security Council will be appointed as Special Ambassadors of the Government. He stated, "We are extending invitations to those who served as members of the National Security Council to work as special ambassadors. This is an international practice. We are collaborating with Chairman M. Enkhbold on investment issues in Gulf countries." Before the Lunar New Year, the Prime Minister met with former members of the National Security Council, including former Presidents, Speakers of the Parliament, and Prime Ministers, to propose appointing them as Special Ambassadors of the Government. These ambassadors will represent Mongolia in negotiations and advancement of 14 mega projects announced by the government. The appointments will be made during a Cabinet meeting. Since 1992, about 20 people have served as members of our country's National Security Council. These include N. Bagabandi, R. Gonchigdorj, S. Tumur-Ochir, N. Enkhbayar, Ts. Nyamdorj, D. Lundeejantsan, D. Demberel, Ts. Elbegdorj, S. Batbold, N. Altankhuyag, Z. Enkhbold, Ch. Saikhanbileg, J. Erdenebat, Kh. Battulga, M. Enkhbold, and G. Zandanshatar. Before the Lunar New Year, Prime Minister L. Oyun-Erdene met with all members except Ts. Elbegdorj and Ch. Saikhanbileg to propose his idea. Currently, it is unclear who will be responsible for which project as these individuals are expressing interest in projects they had previously negotiated during their terms in office. In many countries, it is a common practice to appoint former National Security Council members as Special Ambassadors, known as "Ambassador-at-large." There are several examples of former National Security Council members being appointed as special ambassadors, especially those with extensive experience in foreign policy, defense, intelligence, and international law. For example, Nathan A. Sales (USA) served as a senior advisor on counterterrorism for the National Security Council and was later appointed as a Special Ambassador for counterterrorism. He is a lawyer specializing in national security law and a former government official. Elliott Abrams (USA) served as Deputy National Security Advisor from 2005-2009 and, although not officially titled as a special ambassador, he acted as a Special Envoy for Venezuela, fulfilling a similar role. Robert Destro (USA) worked on human rights and democracy-related policies for the National Security Council and served as a Special Ambassador for International Religious Freedom from 2019-2021. He is also a professor of law and human rights advocate. Many of those appointed as special ambassadors have worked at the National Security Council, often dealing with counterterrorism, intelligence, human rights, and security policy. It is common for highly experienced lawyers, diplomats, and international relations experts who have held high-level positions in government to be appointed as ambassadors.

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Increased Vehicle and Road Use Taxes Starting 2025

Published: 2025-03-10 | Translated from: news.mn

Starting January 1, 2025, the vehicle tax in the capital city and the road use tax will be increased by 2-3 times and five times, respectively, as part of efforts to reduce traffic congestion in Ulaanbaatar City. Od-Od-Odbaor, Director of the City Road Development Department, provided information regarding the regulation of road use fees. He stated, "There were three main requirements for increasing the road use fees. Firstly, according to the law, the Road Fund's resources are designated for road maintenance and repair. We face a need to carry out road repair work under the Road Act. However, we managed to repair only 18-20 km of roads in 2024. The total length of the city's road network is 1291 km. This means we repair only 1.5% of the total roads annually, leaving 98% unrepaired. As the need to repair roads arises over a decade, the quality of roads continues to decline. In the last four years, we have repaired more than 200 km of roads. By repairing these roads, we aim to improve the road quality to over 80%. People often talk about the road use fee being increased fivefold. But on average, one person drives about 6000 km. Previously, the road use fee was about 20,000 MNT for passenger cars, equivalent to paying three MNT per year. This is 86 times lower than the world average fee for road use. Thus, we increased the fee to 15 MNT, meaning a passenger car will pay an annual tax of 100,000 MNT. The budget to repair one kilometer of road has increased several times compared to 12 years ago. The Road Fund's resources remain the same. The road use fee is paid once a year. Now it can be paid electronically." City Mayor H. Nyambaatar provided information that "Under the 7th resolution of the City Council on February 8, 2024, the tax rate for vehicles and self-propelled vehicles was updated, reducing the tax rate for buses to zero percent for electric-powered vehicles, with no change in other vehicle tax rates for 14 years. Under the second resolution of the same day, the road use fee for passenger cars with an engine capacity above 4000 cc was increased by 10,000 MNT, with no change in other vehicle fees for 12 years. By increasing taxes within legal frameworks, it is expected to have a positive impact on improving the city's road network, reducing congestion, maintaining and renovating roads, and updating technology. With changes to the motor vehicle tax law next year, the official tax will be increased 2-3 times, and the road use fee five times, projecting an increase in the Road Fund's income by 151.5 billion MNT." Citizen taxpayers are required to pay their 2025 vehicle taxes by June 1. According to Article 13.2.9 of the Traffic Safety Law, failure to pay the imposed fines, road, road structure use fees, and air pollution fees on time can result in a ban on vehicle usage according to Article 13.5 of the Mongolian Traffic Safety Law. According to the City Council Resolution No. 24/28 of December 4, 2024, tax rates were updated. This is expected to increase the revenue source of the city’s Road Fund by 151.5 billion MNT. In more detail, the specific increases in taxes are as follows: Official Tax: - Prius: 36,000 to 108,000 MNT - Lexus 570: 188,100 to 564,300 MNT - Porter: 30,000 to 75,000 MNT - Land Cruiser 200: 151,800 to 455,400 MNT Road Use Fee: - Cars with engine capacity up to 2000 cc: 20,000 to 100,000 MNT - Cars with engine capacity 2001-3000 cc: 30,000 to 150,000 MNT - Cars with engine capacity above 4001 cc: 50,000 to 250,000 MNT

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The Parliament Under Pressure from Urgent Projects

Published: 2025-03-10 | Translated from: unuudur.mn

In the Parliament, there are only three entities entitled to propose laws: Members of Parliament, Government Ministers, and the President. However, among them, the Government has been enjoying more power for quite some time. An ordinary law is typically passed after going through four stages of discussion. Moreover, there is at least a five-day period between discussions. But this period does not apply to laws and decrees introduced under an urgent procedure. The Government can convene the Parliament to pass urgent issues within one to two days if it wishes. Such was the case when amendments to the Budget Law were passed within the same day during the discussions of the 2025 State Budget. The Autumn Session of the Parliament will open on the 17th of this month. Although the issues to be discussed have been pre-approved, it is uncertain how many projects will be introduced under the urgent procedure. Therefore, Members of Parliament must be ready to handle pressure and work briskly. According to Section 33.1 of the Law on the Procedure of Parliamentary Sessions, "Based on the decision of the Government meeting, the Prime Minister may submit to the Parliament a written request for urgent discussion of draft laws related to securing national economic security, and the Speaker of the Parliament shall present it to a plenary session to decide on urgency by a majority vote of the members present." In 2016, this provision was amended to specially grant the Government the right to discuss issues under an "urgent procedure." This amendment was made during the time when the MPP held an overwhelming majority. In the nine years since then, a total of 76 laws and decrees have been discussed and approved under the urgent procedure. During the 2016-2020 parliament, 22 laws and decrees were discussed in this manner, while the subsequent Parliament faced increased pressure from the Government with issues being introduced 2.4 times more frequently under the "green light" method. In other words, the Parliament of 2020-2024 passed 53 laws urgently. This averages to about 13-14 laws passed under an urgent procedure per year. Since the establishment of the new 126-member Parliament, it has already passed 11 laws and decrees under this classification. From the Government's side, its annual urgent work with the Parliament has accelerated, reaching such proportions that this is now its "semi-annual" statistic. While it's inevitable to discuss and pass issues urgently when decisions critical to the national economy are at stake, isn't the number a bit too high and hasty? Prime Minister L. Oyun-Erdene has served for the last five of these nine years. Why is he in such a rush and seemingly afraid to openly discuss law and decree projects with the public? Parliament is meant to be a legislative body. Laws and decrees of high quality and relevance are passed when studies and calculations are thorough and the opinions of the public and relevant sector experts are included. However, laws submitted under the urgent procedure often do not leave room for even Members of Parliament, let alone citizens, to add their feedback. On the other hand, although the number of members has increased to 126, the quality has not necessarily improved. However, some members read, study, and address issues thoroughly, thereby criticizing hastily drafted projects that are passed at lightning speed without time for proper review and suggestions. For instance, an intergovernmental agreement regarding the expansion design of the TPP-III power plant was introduced and passed at the end of August under urgent procedure. Just before the visit of the Russian President, this was suddenly brought to Parliament and approved. At the time, several members expressed that the Parliament's processes were bypassed for a single state leader's visit, and one-sided issues were suddenly introduced without providing time to review. Regarding the urgent procedure, Speaker of Parliament D. Amarbaysgalan stated, "The passage of 11 laws under this shows that members worked at high load in a short time. However, the conditions to listen to and incorporate the opinions of citizens, voters, specialists, and researchers in the discussed projects are lacking." He noted that while it is appropriate for the Parliament to accept and discuss issues brought by the Government under urgent procedure, excessive time pressure increases the risk of errors. He also expressed hope for future projects to be introduced under regular procedures whenever possible. Yet the Government remains in a hurry. With their "14 mega projects" mantra silencing critics, every issue they introduce is deemed "of great importance, related to the economy, and urgent." Following a regular Government meeting, it was announced that additions and amendments to the Law on Permissions would be submitted under urgent procedure to prevent citizens from becoming victims of cybercrime and losing their assets. This appears to dismiss the Speaker's warning. Last year, the Open Society Forum organized a special discussion on this topic, during which researchers and participants criticized that urgently approved laws often lacked studies and calculations, frequently clashing with other laws and international treaties or conventions. They also pointed out that after starting implementation, the real results and negative impacts manifest, requiring additional budget spending to amend them. The upcoming session will discuss the budget framework statement for the coming year, budget projections for 2027-2028, and the execution of the 2024 budget. There are also draft laws on the Freedom of the Press and the Tax Package submitted by the Government. The first draft law is of particular interest to journalists. Our country is falling behind in the Press Freedom Index. Regarding the Tax Package, citizens have high expectations, as Finance Minister B. Javkhlan stated that VAT would be the core of the package. Although the public demands that VAT be reduced from 10% to 5%, the draft does not appear to include such provisions. However, a provision for lower VAT on low-income citizens has been included. In reality, everyone pays taxes, but the general wish is to lower it to a non-burdensome level for all citizens and enterprises. There are more than 900 laws in force in Mongolia, accompanied by over 3000 regulations. These will be streamlined in the Spring Session. Such high-profile laws are included in the schedule of the Spring Session. Moreover, as new issues requiring discussion arise, they will be decided on timely. Additionally, other “urgent” projects and decrees submitted by the Government will surely be discussed. For nine years, Members of Parliament have functioned under urgent procedures afforded to the Government, keeping them in a state of haste. But who bears the cost in the end? It is the Parliament that is ultimately held accountable for the laws it approves. Because any project submitted is "examined and amended" and then passed by the Parliament. As a result, the Government, given privileges by law, now pushes the Parliament into "pressure." It consists of an ineffective, under-informed body with many members unwilling to scrutinize their Government, limiting themselves to merely pressing buttons. Adding to this, the Government brings hurried, poorly researched, faulty projects, demanding passage without time to fix them. Every time this occurs, the Parliament's reputation suffers. For example, Parliament passed this year's national budget after discussing it twice, tarnishing its image, as Speaker D. Amarbaysgalan admitted. Now, under pressure from the Government's urgent procedure "orders," they realize they're passing poor-quality, incomplete laws and are left begging for time to correct them. Without reassessing the legal provisions granting excessive authority to the Government, the balance of power allocation in this country will be lost altogether.

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Ch.Unerbayar: Officials Violating the Law Will Be Held Accountable

Published: 2025-03-10 | Translated from: news.mn

The Government's Monitoring and Implementation Agency held a press briefing today. The head of the agency, Ch.Unerbayar, stated: "In response to citizens' petitions and complaints, we conducted an audit in Darkhan-Uul aimag and discovered violations related to tenders and procurement processes. We suspect that the violations found in Darkhan-Uul aimag could also exist in other aimags, state-owned companies, and government organizations. In total, 63.8 billion MNT was spent on direct procurements for more than 30 projects and activities, which clearly violated the law. This procurement figure is not insignificant. Therefore, we are issuing official orders to the responsible officials and will discuss accountability for the officials found guilty of violating the law." In addition, inspections were conducted in Bayankhongor aimag following complaints from certain members of the parliament. Violations were found where many local officials were illegally appointed to government positions. Specifically, two representatives elected to the aimag's Citizen Representative Council were appointed to government posts, which is a violation. Government service must adhere to the Law on State Organizations and other related legislation. One of the main functions of the Government's Monitoring and Implementation Agency is to ensure that government-affiliated organizations comply with legal requirements. We are preparing an assessment of legal compliance to present at the Parliamentary Spring Session. The illegal appointments in Bayankhongor aimag reflect a common pattern of issues seen in other aimags as well. The unlawful tender and procurement practices found in Darkhan-Uul aimag indicate a longstanding trend that needs correcting. We are also conducting inspections in other aimags and will provide information once these audits are completed. Following directives from the Prime Minister, an investigation into the increase in energy prices was conducted. Previously, energy tariffs were calculated using four different methods, but now there are 18 methods. The calculation methodology has changed, and adequate information was not provided to the public. Several issues arose, starting from the lack of sufficient public information. Energy prices increased by 30-89%. Depending on the type of meter a household used, their electricity bill was calculated differently. This has been determined. The Prime Minister has instructed us to conduct exploratory research regarding energy reforms, which will be carried out. There is one serious issue. Many individuals obtain permits to carry out energy production or build new power plants, but they do not follow through. If new energy sources had been established with the permits granted, 1623 MW of energy should be produced today. However, by 2024, it remains at 841 MW. Meanwhile, energy consumption increases by 10-12% annually, but no new energy facilities are being constructed or expanded. Acquiring a permit takes 4-6 years. In such conditions, no one is willing to invest or engage in construction in this sector. As a result, there is no possibility of reducing energy prices. More liberalization of the energy sector and the construction of new sources are required. Permits should be issued flexibly and openly. The existing bureaucratic system demanding 4-6 years to obtain a permit must be eliminated. Without this change, Mongolia cannot meet its energy needs. The Monitoring and Research Department of our agency will conduct further studies to present to the government the reasons permits take 4-6 years. In 2024-2025, Mongolia will require 1824 MW of energy, yet the domestic production is less than 1000 MW. On one side, we are spending 400 billion MNT annually to import energy instead of increasing our domestic production of energy sources. We need to reduce prices and overcome our energy crisis. Without addressing this strategic policy, we can't move forward. There is an interesting issue related to the permit system. Some individuals acquire permits which are never revoked or nullified. When new investors come with the intention of building a power plant, they face immense delays or bureaucratic hurdles, or they end up having to buy the ready permits from individuals who have done nothing with them, turning permits into a commercial instrument. For this reason, the Government's Monitoring and Research Department is being activated to investigate the obstacles to liberalizing the energy sector. Nice principles have been set in the Joint Government's energy policy: liberalization, meeting demands, and constructing new sources. However, without dismantling the bureaucratic and permit systems, the situation cannot be resolved as it exists now.

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Economy

News Guide: Open Discussion between Mongolian and South Korean Businessmen to be Held

Published: 2025-03-10 | Translated from: news.mn

Today we present a summary of events happening. 9:00 AM: An international consultation on agreeing the amount of cargo transported by rail will be held at the BALLROOM hall of the Shangri-La Hotel. 10:00 AM: An open discussion involving businessmen on the "Economic Partnership Agreement" to be established between Mongolia and South Korea will be held at the MNCCI. 10:00 AM: The inaugural meeting of 300 women in the transport sector will be held in the "Great Migration" hall. 11:00 AM: Due to the sharp increase in forest and steppe fires, the National Emergency Management Agency will provide information. 11:40 AM: Dr. G. Uugantsetseg, a physician and PhD in medical science, will give a briefing on the issue of families demanding compensation for deaths caused by carbon monoxide poisoning from briquettes since 2018, and taking the government to court. Century News. Phone: 99790206, 80190070.

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A Mongolian Company Represents the Global Brand SEALY in the Central Asian Market

Published: 2025-03-10 | Translated from: ikon.mn

PJ Brothers LLC, the company responsible for the operations of the global No.1 premium mattress, bed, and accessories brand SEALY in Mongolia, has expanded its collaboration with SEALY INTERNATIONAL Corporation. A special agreement granting them the right to officially represent and manage the brand in the Kazakh market and four other Central Asian countries was signed in Seoul, South Korea. This was decided at the TEMPUR SEALY INTERNATIONAL Corporation's board meeting in Las Vegas, USA, and with the signing of the agreement, PJ Brothers LLC becomes the first Mongolian company to officially manage the leading No.1 brand in its country and foreign markets in certain regions. TEMPUR SEALY INTERNATIONAL (Somnigroup NYSE:SGI) Corporation is listed on the New York Stock Exchange as the world's largest manufacturer of premium mattresses, beds, and accessories, with operations in more than 100 countries on five continents and 71 factories, delivering the highest quality products for a cozy and healthy sleep. Founded back in 1881, the SEALY brand is the No.1 brand in the global mattress, bed, and furniture industry. Its products are based on special research by leading spinal surgeons and specialists in the US, thus recognized as the best in preventing back pain and supporting a healthy and active lifestyle worldwide. From the Presidential White House in the USA to the seven-star Burj Al-Arab Jumeirah in Dubai and five-star hotels such as Four Seasons, Ritz-Carlton, St. Regis, Grand Hyatt, Sheraton, and Marina Bay Sands, the brand has been a prestigious choice for 11 years among Mongolian homes as well. Every 9 seconds, a SEALY brand product reaches its buyers somewhere in the world. The corporation recently announced its acquisition of Mattress Firm, the largest mattress and bedroom furniture specialized retail chain in the US with over 2,300 branches, for $5 billion—a significant deal in the history of the global furniture industry. PJ Brothers LLC started its collaboration with SEALY INTERNATIONAL Corporation back in 2013 and opened the first Mongolian SEALY GALLERY showroom store in Zaisan Square shopping center. At that time, the store opened as the first luxurious and premium mattress and bed-focused showroom in the Mongolian market. Last year marked the 10th anniversary of the SEALY MONGOLIA branch, and on this occasion, PJ Brothers LLC organized donations totaling 202.6 million MNT to a named state children's care center as part of their corporate responsibility efforts and also served as the main sponsor for the 2024 Mongolian Golf Championship. PJ Brothers LLC and the SEALY brand will continue to organize social responsibility activities and bring the highest quality products beneficial to health to every country they operate in, supporting an energetic and active lifestyle. Showroom-1 SEALY GALLERY - Zaisan Square Center 3F: 7711-1190 Showroom-2 SEALY SELECT - Life Tower /Behind SOYOL WELLNESS CENTER/ 2F: 7711-1290 www.sealy.mn www.facebook.com/SealyMongolia www.facebook.com/PJinteriorsMongolia Warning: Media outlets (Television, Radio, Social, and Web pages) must explicitly reference their source (ikon.mn) when using our information in any format, in full or in part.

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The Policy Interest Rate Increased by Two Points to Reach 12%

Published: 2025-03-10 | Translated from: unuudur.mn

The Monetary Policy Committee of the Bank of Mongolia announced a decision to increase the policy interest rate by two percentage points to 12%, set the upper limit of the debt-to-income ratio for consumer loans at 50%, and implement regulations for pension loans. They noted that they considered the current economic situation and future expectations in making these decisions. Specifically, they pointed out that the real estate market in the southern neighbor continues to decline, and the demand for steel has decreased, leading to a halt in coal and iron ore imports and a sharp drop in their prices. This is presenting significant challenges to our country, which supplies mining products to that nation, thereby forming a major part of our budget and foreign currency reserves. Looking forward, they stated that the policies implemented by the United States in the international market, China's economic situation, and trade conflicts between major powers could trigger crises and pose significant risks. In January of this year, inflation was recorded at 9.6% nationwide and 9.7% in Ulaanbaatar. The main contributors to this were the increase in prices of imported goods and services, rent, and electricity. The decision to increase the tariffs for heating from May and for hot and cold water from September is expected to further fuel inflation and impose a heavy burden on citizens and businesses, according to the central bank officials. Experts noted that consumer loan growth has remained at a high level in recent years, and the debt-to-income ratio for pension loans has reached 84%. These decisions were made considering such factors in the external and internal environment. Additionally, they warned of the risks that the government might not be able to start the construction of mega projects planned within the scheduled timeframe. In a situation where foreign trade conditions are unfavorable, the timeline and method of financing large projects are crucial to the balance of payments and foreign currency reserves.

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Highlighting E. Mendtüvshin: Board Member of Oyu Tolgoi, Former Lawyer at Morgan Stanley and Davis Polk

Published: 2025-03-10 | Translated from: itoim.mn

Around the world, there are many Mongolian individuals who excel in their respective professions and raise the reputation of Mongolia. The first guest of the "World Mongolian" series in 2025, which highlights young professionals educated in the world's top schools, is Enkhmayavan MENDTÜVSHIN. He holds a Master of Laws from Harvard Law School and a Bachelor of Laws from Peking University, and is a member of the New York State Bar Association. E. Mendtüvshin began his career at "Hogan Lovells" law firm in Ulaanbaatar. He has experience working as a lawyer at the renowned Morgan Stanley bank in the USA, and at the American and Hong Kong branches of Davis Polk. He has participated in major financial transactions such as IPOs on international exchanges, debt management, refinancing, mergers, and acquisitions, guiding clients in solving legal issues in finance, economy, real estate, and technology sectors. He has worked in international law for more than 10 years. Recently, E. Mendtüvshin was appointed as a board member of Oyu Tolgoi. Let's explore his work and life story. We have learned about your professional career. However, we couldn't find much information about you personally. So let's start the interview by asking, who is E. Mendtüvshin? I was born in Khovd province. I am the eldest son with two younger siblings. Currently, I live with my wife and two children. I graduated from Peking University with a degree in law. During my graduation year, I received an invitation to study for a master's degree at Harvard University. However, I decided to return to Mongolia to gain work experience, took a leave from Harvard, and started my career at Hogan Lovells law firm. After completing my legal master's degree at Harvard, I sat for and passed the New York Bar Exam, obtaining my qualification. After returning, I worked as a lawyer at the internationally renowned firm "Davis Polk" and am now pursuing a career in law for more than 10 years. Why did you choose to study law? Peking University ranks quite high globally, how did you prepare to get accepted there? My grandfather was a lawyer. At 36, he moved to Ulaanbaatar from Khovd to study law at the National University of Mongolia. After working as a military prosecutor for five provinces in the western region, he retired. Since my parents were students, I grew up with my grandparents and my grandfather set an example for me. I valued the legal profession highly from a young age, and I chose law because it is versatile, allowing one to work in multiple sectors. Getting into Peking University was, of course, not easy. It's highly competitive with rigorous standards. I initially set a goal to learn Chinese very well, which laid the foundation for preparing for Peking University's entrance exams. After getting accepted, successfully competing with Chinese students in my main class was a major challenge. During this time, I learned to compete against myself, stay resilient, and produce results. You mentioned getting an invitation from Harvard the year you graduated from Peking University. So you had already decided to study in the US after graduation? Yes. While studying at Peking University, I applied to Harvard and prepared for selection. In China, foreigners are not allowed to obtain a legal license. Even if you study law, as a foreigner it was impossible to sit the bar exam in China. In my first year, I became aware of this and decided to go for the New York bar license in the US. To do so, I needed to obtain a master's degree from the US in law. I then began researching the knowledge and experience needed to study law in an American university. I received the "Best Argument Award" from the Chief Justice of the Hong Kong Supreme Court in an Asian moot court competition. While studying hard, I consistently participated in international law contests and moot courts. During summer and winter breaks, instead of taking a rest, I found internship work. By the end of my third year, I did internships at 3-4 places while also participating in international competitions where I achieved great results. Representing Mongolia, I competed in international law and court contests, which was a rare achievement for a young Mongolian student at Peking University and was very proud of it. I believe Harvard's selection committee appreciated my good grades, decent internship experience, and high placement in international competitions. You obtained your New York Bar license after completing your master's. What is the significance of being a member of the New York State Bar Association? When working in international corporate governance and finance, one of the top criteria is having a New York Bar license. It's highly rigorous to obtain and the NYSB Association imposes strict professional competence and ethics standards. Additionally, in international agreements and contracts, parties often choose New York law as the governing law. This is because New York's legal system is considered fair and impartial, providing equal rights. Furthermore, the two largest stock exchanges in the world, the New York Stock Exchange and Nasdaq, are governed by New York law. Thus, companies whose securities trade on these exchanges, like Apple, Google, and Coca-Cola, must comply with NY law, requiring consistent legal advice. You worked at the international firm "Davis Polk." Can you provide some information about this firm, since it might not be well-known? Also, can you share your experience from working there? "Davis Polk" is one of the leading law firms on the stock market based in New York. It is known for promoting careers in public service. For instance, current US Federal Reserve Chairman Jeremy Powell, London Stock Exchange Director David Schwimmer, Hong Kong Stock Exchange Director Bonnie Chan, and Paul S. Atkins, recently appointed Chairman of the US Securities and Exchange Commission, all started their careers at Davis Polk. During my seven years at Davis Polk, I worked in their offices in Hong Kong, New York, and Beijing, advising on projects like IPOs on major international exchanges, issuing bonds, management, and refinancing. I also led negotiations on stock offerings, mergers, and acquisitions. Notably, I advised on governance improvements as companies transitioned from limited liability to public companies. Regarding industries, I provided legal advice in sectors like mining, minerals, real estate, technology, financial services, and healthcare. Looking back, I've worked on over 50 projects with a total value of $35 billion. You then worked at Morgan Stanley's investment bank in the US. What responsibilities did you have there, and what insights can you share from that experience? Morgan Stanley is one of the influential players in the global financial market, based in New York. Before returning to Mongolia, I worked on capital market projects in the Asia-Pacific region from their Hong Kong office. I mainly provided legal advice on international financial markets, investments, and risk management. For example, Alibaba was one of our major clients, and I advised on strategies to handle market fluctuations. Due to the American-Chinese geopolitical tensions, projects we worked on involved heightened geopolitical risks. As a bank, adapting to the legal and political policies of major countries was a considerable challenge, requiring collaboration with external lawyers and advisors. My time at Morgan Stanley allowed me to see how major international investment banks make decisions, manage risks, and plan long-term. Working with professional investors, lawyers, and financiers from various countries to negotiate and achieve success was particularly rewarding. Can you introduce projects or major investments you've successfully worked on? I've always had a keen interest in mining projects, as they feel closely connected to Mongolia. One notable project was a $3 billion financing for a major copper and gold mine in Indonesia in 2022. Like Oyu Tolgoi, it was a joint venture between the government and private sector, considered highly economically and strategically significant. The financing aimed to establish a local copper smelter for producing and exporting higher-value cathode copper. I believe similar approaches could be beneficial for projects in our country. Another memorable experience was providing pro bono legal advice to vulnerable social groups. We represented a Somali refugee seeking political asylum in Hong Kong, against human rights violations by terrorist groups, and won the legal case. This work was recognized with a bronze medal from the Hong Kong Bar Association. Beyond project work, I believe it's a lawyer's ultimate goal to work for social ethics, fairness, and justice. You had opportunities abroad working at a high level in your profession, finally working at Morgan Stanley before returning to work in Mongolia. What inspired this move? There are considerable challenges in Mongolia, no need to state the obvious. However, every place has its difficulties. Our generation's historical challenge and duty is to address and rectify societal issues. Mongolians often criticize matters as having no "heart." Instead of demanding heart, we need to create the right systems and structures. In a well-structured system, even those without heart can work well. My goal in gaining education and experience abroad was to eventually bring my contribution back to Mongolia. Recently, many Mongolian youths living and working abroad have returned to take on challenges in various sectors, which is inspiring. I have some questions about your recent appointment. Of the nine board members of Oyu Tolgoi, three are appointed by the Mongolian government. In other words, you represent the 34% ownership interest. What is the role of the board? The Oyu Tolgoi board's main role is to develop strategies, approve general policies for operations, and oversee management. The Mongolian trio operates under the joint unified position given by the "Erdenes Mongol" group, focusing on effectively operating the Oyu Tolgoi project, resolving issues rightly and representing Mongolia's interests. Oyu Tolgoi is frequently a topic of debate and criticism. As an international lawyer and legal expert, what principles will guide you as a board member? For me, the top priority for Oyu Tolgoi is ensuring transparency and accountability. Oyu Tolgoi is indirectly owned by all Mongolian citizens. Therefore, it should operate with transparency, consistent with a publicly traded company. Thus, the company must strictly adhere to accountability principles. For Mongolia, Oyu Tolgoi is not just any company—its management and operations can impact the nation and its citizen shareholders. Hence, Oyu Tolgoi must function at a global company standard. Continuous development has been happening at the Oyu Tolgoi mine since 2009, and it's nearing full operational capacity. However, this involves large investment costs and many issues. As someone experienced in international investment, where will you focus your attention? Learning from past mistakes is fundamental. Instead of labeling past efforts as right or wrong, it's important to focus on what we must do moving forward. I'm assessing two main areas for improvement: governance and financial cost reduction. Oyu Tolgoi's governance must improve to meet global company standards. This means clarifying roles and responsibilities between its management, board members, and shareholders and introducing international standards into the decision-making and oversight processes. For example, having independent members on the board is common practice for good governance, which Oyu Tolgoi currently lacks. In contrast, Rio Tinto’s board has 11 out of 14 members who are independent. Recently, an amendment proposal to the state and local government-owned enterprises law included the concept of independent board members, which is a positive step. Independent members focus more on the company's operations and interests rather than representing specific ownership stakes. Regarding Oyu Tolgoi's financial costs, what will be your focus? I'll focus on reducing Oyu Tolgoi's financing costs and exploring savings opportunities. The company has operated on loan financing. However, the loan interest rates, compared to current market conditions, are high. Several conditions exist for reducing financing costs. On a macro level, in 2024, international rating agencies upgraded Mongolia’s credit rating by one level. This signals reduced investment risks for international investors in Mongolia. The US Federal Reserve also reduced its dollar interest rate policy thrice last year, totaling a one percent decrease. Lowering dollar policy rates concurrently impacts financing interest rates. Additionally, copper and gold prices have steadily increased over the last two years, positively influencing macroeconomic conditions. For Oyu Tolgoi, starting underground mining operations lessen lender risks. Generally, Mongolian government and private bonds have yields ranging between 6.0-8.0%, suggesting opportunities for reducing Oyu Tolgoi's financing costs. At "Morgan Stanley," companies consistently sought ways to improve financing terms, a practice Oyu Tolgoi should also adopt. To law students and those working in the field, what advice do you offer about working for reputable global companies? I'm addressing young people studying law and planning their careers. Focus on three areas: general legal education, getting professional legal license qualification, and gaining legal work experience. Legal education depends on the legal system of the country; you should know whether it's common law or civil law, as there are two key systems globally. If you date working for an international company, exploring both is beneficial. I've studied both in China and the US, which was an advantage. Beyond education, earning a professional legal license is crucial. If you plan to study law abroad, thoroughly research the respective country's qualification requirements for obtaining a legal license. Lastly, decide where to start your career, be it in private or government sectors. Consider these factors to plan your career, make decisions, and adjust according to your circumstances. Finally, could you share your goals and aspirations? My main goal in returning to Mongolia is to apply my international legal work experience to contribute to current and future projects. At Oyu Tolgoi, I'm dedicated to advocating for Mongolia's interests based on international laws and practices. I'm committed to making the Oyu Tolgoi project sustainable and beneficial for Mongolia and strengthening foreign investors' trust, making it a model project for the country. Thank you for the interview. We wish you success.

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Ascending Against the Tide - The Bank of Mongolia Compelled to Move Contrary to Most Central Banks

Published: 2025-03-10 | Translated from: gogo.mn

To curb inflation that has surpassed the target level, the Bank of Mongolia has unexpectedly raised its policy rate to 12%. During the meeting in March, the Bank of Mongolia decided to increase the policy rate by two basis points, reaching 12%, thereby tightening the monetary policy that was intended to be eased from the beginning of 2024. Exactly one year ago, when the policy rate was at 12%, inflation stood at 7%. Since then, inflation slowed to 5.1% but has rapidly increased over the past seven months, reaching 9.6%. On the macroeconomic side, the Bank of Mongolia faces considerable "headwinds" both domestically and externally this year. The impact of rising electricity prices has started to be felt, and thermal prices are also expected to increase this spring. The financing of mega projects planned to be initiated will place a burden on the balance of payments. Additionally, the government is planning to distribute cash once again in April as dividends from "Erdenes Tavan Tolgoi" JSC. China has recently announced measures to reduce production output to increase profits in its slowing steel sector. If the downturn in the real estate sector continues and demand for steel remains low, the pressure on the price of Mongolia's main export, coking coal, could increase significantly. Furthermore, risks that the trade war initiated by U.S. President Donald Trump poses to China's economy—as well as commodity prices in the international markets—are taken into account by the Bank of Mongolia. The central bank projects that inflation will remain above the target level throughout this year and will only stabilize at the target level from the second quarter of next year. Most major central banks worldwide are currently lowering the peak policy rates reached during the pandemic, but the Bank of Mongolia is compelled to move in the opposite direction. Besides Mongolia, Kazakhstan’s central bank also has decided to intensify its fight against inflation by increasing the policy rate to 16.5% last Friday. Due to fuel prices and value-added tax levels, inflation, which was 9.4% in February, is expected to increase to 10-12% this year. Even though the U.S. Federal Reserve significantly influenced monetary policies in developing countries by cutting its policy rate last year, due to decisions made by Donald Trump, it is expected to maintain the rate this year. If the difference between the policy rates of the United States and Mongolia grows and is accompanied by a current account deficit, there is a risk of further deprecation of the MNT. In addition, the Bank of Mongolia will continue its policy of constraining consumer loans, defining and revising the maximum limit for the debt-to-income ratio of newly issued consumer loans and their conditions by a bank to 50% as decided in its latest meeting. As of February, the total outstanding loans of the banking sector reached 37 trillion MNT, with more than 60% of it composed of household loans, according to the statistics of the Bank of Mongolia.

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CENTRAL: 8 billion MNT allocated to support small and medium enterprises

Published: 2025-03-10 | Translated from: montsame.mn

To support small and medium enterprises (SMEs) in Central Province, 8 billion MNT has been allocated from the Small and Medium Enterprises Fund this year. According to Y. Erdenesaihan, head of the government's implementing agency for SMEs, "The Government of Mongolia is working to foster development in the central regions and reduce centralization by increasing the SME fund in Tuv, Darkhan-Uul, and Selenge provinces to support entrepreneurs. A large amount of money, unprecedented in previous years, has been allocated to Central Province, and SMEs are required to register their projects on the SME agency's website https://sme.gov.mn/login before 8:30 AM on March 12." As of today, 57 borrowers from Central Province have received this loan. Since 2009, over 350 borrowers from the province have received loans. Of these borrowers, over 300 have repaid their loans, while 29 loans are classified as non-performing. The SME agency has decided to work in collaboration with the provincial governor and the Agricultural Department to recover these 29 loans.

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Trading Profit of Precious Metals and Stones Reaches 12.5 Billion MNT This Year

Published: 2025-03-10 | Translated from: montsame.mn

According to the Financial Regulatory Commission, there are 55 legal entities and 473 individuals with special licenses for trading in precious metals, precious stones, and items made from them. The 55 legal entities have a total capital of 10.2 billion MNT among 88 shareholders. Among individuals, there are 136 licensed for trading in precious metals and stones, 118 for trading in precious metals alone, and 219 for trading in items made from precious metals and stones. Traders in precious metals and stones operate in 11 provinces, with 22 in Selenge, 14 in Tuv, 12 in Bayankhongor, and 8 in Darkhan-Uul. Those trading in items made from precious metals and stones are limited with 1 in Bayankhongor, 5 in Darkhan-Uul, and 2 in Khovd. Meanwhile, dealers in all aforementioned categories operate in Bayangol province with 4, Bayankhongor with 10, Govi-Altai with 3, Darkhan-Uul with 12, Orkhon with 6, Umnugovi with 4, Selenge with 2, Uvs with 2, Khovd with 1, and Khentii with 1. A total of 127 of these licensed traders are based in local areas, while 346 are concentrated in Ulaanbaatar. In Ulaanbaatar, in addition to private citizens involved in related businesses, legal entities are also registered in various districts: 13 in Khan-Uul, 3 in Bayanzurkh, 13 in Sukhbaatar, 2 in Songinokhairkhan, 6 in Bayangol, and 17 in Chingeltei. The central districts of the capital, with dense populations, host many of these legal entities, while few are registered in the countryside. The placement of branches responsible for registration with the Financial Regulatory Commission and for report submission is strategic, indicating the sector's accessibility. In 2024, 1.6 tons of precious metals were bought for 323.3 billion MNT, with 1.4 tons sold for 324.7 billion MNT. Compared to 2023, the purchase value of precious metals decreased by 25.6%, and sales decreased by 29.6%. The sector has assets of 68.8 billion MNT, of which 13.2 billion MNT are non-circulating. Liabilities amount to 50.1 billion MNT, and owners' equity is 31.9 billion MNT. In 2024, the sector recorded revenues of 73.7 billion MNT against expenditures of 61.2 billion MNT, resulting in a net profit of 12.5 billion MNT, according to the summarized report of the Financial Regulatory Commission.

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Commodity Trade on MSE for Coal and Iron

Published: 2025-03-10 | Translated from: gogo.mn

The physical volume of coal traded on the MSE sharply decreased in January-February compared to the same period last year. Contrarily, the trading of iron concentrates intensified, growing sixfold. According to the Mongolian Stock Exchange, 2.3 million tons of commodities were traded for 560.8 billion MNT during the first two months of this year. The stock exchange's statistical data shows that the physical volume of mining products has almost halved compared to the same period last year, and the total monetary value has decreased fourfold. Furthermore, while the prices of mining products traded through the commodity exchange were rising during auctions last year, most of this year's transactions showed no price increase. This indicates a decrease in demand for Mongolian mining products. The trade in coal reduced in volume by about tenfold, while in contrast, the trade in iron concentrate intensified and increased sixfold. Additionally, on February 28, there was a trade of copper concentrate on the exchange. MSE reported that "Erdenet Mining Corporation" LLC traded 5,000 wet metric tons and 4,530 dry metric tons of copper concentrate with 22.35% content for over 33 billion MNT. The copper concentrate trade had not been conducted since the third quarter of last year.

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J. Delgersaikhan: "Trade War" Could Adversely Affect Mongolia

Published: 2025-03-10 | Translated from: news.mn

We had a conversation with economist Dr. J. Delgersaikhan. - Researchers are stating that there is a risk of a major economic crisis globally. U.S. President Donald Trump has increased tariffs on Chinese imports by 10%. What policies should the rulers of Mongolia pursue in such a situation? - Global economic forums, such as the World Economic Forum in Davos, have mentioned that many geopolitical and climate risks could impact the global economy by the end of 2024. These risks could also affect Mongolia. The election of Donald Trump as the U.S. President brought about short-term risks that emerged suddenly. From one perspective, this is being termed as a "trade war." What's notable is the wide-ranging nature of this issue, drawing worldwide attention and caution about this risk. This "trade war" isn't just between the U.S. and China but involves the U.S. imposing tax tariffs on major trade regions, such as China, Japan, Canada, and Mexico, with the intent of balancing trade relations. Trump's stance seems to be that economic cooperation in trade must be mutually beneficial. Its outcome is crucial for Mongolia. In countries like Mongolia, the "trade war" might have strongly negative consequences. This is because we are heavily dependent on a few products in the raw materials market that are tied to the global economic growth rate. The initial impact is being felt through coal prices. Since the start of the year, coal prices have been falling. The Mongolian government lacks substantial policies to address this. The Bank of Mongolia has raised its policy interest rate to 12. On the other hand, it is possible to tighten the budget, make adjustments, and revise the budget accordingly. If coal prices continue to drop, a fiscal shortfall might arise, potentially creating financial risks through the budget. China has announced plans to reduce its steel production. According to the February 2025 study by the International Energy Agency, China may soon shift its focus away from coal towards renewable energy sources. India's demand for coal might offer an opportunity in this regard. From my perspective, the prospect of China purchasing Mongolian coal and its prices rising doesn't seem likely. - Previously, there were measures such as tax amnesties to overcome crises? - You seem to be referring to the Economic Transparency Law that was adopted in 2015. It wasn't an anti-crisis law but a measure to declare certain untaxed assets. Although significant assets were revealed under this law, it wasn't a path to overcoming economic crises. Looking at our past, we often find ourselves diving into economic crises without learning from history. Mongolians need to understand their overreliance on a few commodities in the mining sector. When coal prices are high and production is good, we expand the budget, increase welfare, and indulge in unnecessary expenses, assuming it will continue indefinitely, which leads to crises. Our main mistake is not heeding warnings. The government must be prepared for inevitable crises, implementing counter-cyclical fiscal policies. Tax policies that foster business growth should be put in place. Instead of issuing large amounts of bonds, government-private partnerships should be leveraged to increase foreign currency flows and advance mining projects with added value. - Despite positive economic indicators in Mongolia last year, since the first quarter of 2024, coal prices have fallen by 44%. Is there an alternative path to coal for us? - The Fiscal Stability Council had predicted this a year in advance. Economists had indicated, "Coal prices will soon fall. This is a 'window' period. Tighten the belt and control the budget." It is challenging for Mongolia, considering its dependence on coal, to find another economic path. A country like Mongolia can restrict consumption and budgets as a coping mechanism. We have no alternative but to increase coal output. Due to the country's structural imbalances, economically, we end up with a structure revolved around mining, agriculture, and trade services. Although the GDP per capita has increased over the past two years, coal continues to be a substantial factor in this growth. Therefore, we must enhance coal output. While copper is limited, its price is relatively stable. Exporting 80 million tonnes of coal has been indicated as the saturation point by the Ministry of Mining and Heavy Industry. However, issues like undeveloped railways connecting to Gashin Sukhait-Gantsmod need to be addressed to increase transport capacity. China's economic condition will ultimately influence coal import levels, challenging Mongolia's coal export potential. Recent data suggest that China's coal imports may stabilize, leading to increased competition in the coal market. - Who takes the main blame for not capitalizing on the peak period of coal exports? - When discussing coal, the topic of the Gashuun Sukhait-Gants Mod rail connection arises. Although progress was made after years of stagnation, why did the railway construction stall for over a decade? The primary blame lies with the politicians and decision-makers at the time, not the business entities involved. Had the "window" of the past decade been utilized, it would have brought significant economic and social benefits to Mongolia. The primary reason is political. Policies have been contradictory and resistant. Recently, there have been significant efforts to combat coal theft and improve cross-border coal transportation capabilities. Though opportunities were missed, focus on this area is commendable. - The government's 14 mega projects, what would be their economic contribution? Do you have faith in their complete implementation? - The coalition government deserves praise for its bold initiatives. The real question is whether these 14 mega projects can be realistically implemented. Personally, I am not optimistic. Should they be executed, mining-related projects with added value would be immensely beneficial. They could significantly expand Mongolia's economy. To be specific, focusing on major projects like Erdenet copper smelter, Darkhan steel plant, and oil refinery might be the right approach. However, Mongolia faces high risks concerning project management and financing for large-scale projects. Governance capacity, the potential for corruption, and the likelihood of projects stalling require significant reform in management and financing strategies. Historical decisions that evaporated in the middle demonstrate a need for change. Prioritizing viable mining projects like coal, copper, iron ore, and gold, which have been considered for over a decade, might yield substantial economic returns over time. - Could you share your views on major projects such as the Gashuun Sukhait-Gantsmod rail connection and uranium initiatives? - I support these two major infrastructure projects. Sadly, we've lost 15 years of opportunity. However, efforts to progress these projects are positive. The uranium project is needed. Despite discussions for two or three decades, actual foreign investments haven't materialized. This initiative could lead to small-scale nuclear power capabilities in the future, creating opportunities in the energy sector. - There have been criticisms regarding the systematic attacks on private national investors. Is there economic freedom in Mongolia? - A major foundational issue is being addressed. At a glance, Mongolia seems to have mining and banking sectors as bright spots in recent years. Domestically large investors in these sectors face significant attacks. Unfortunately, the mining sector has been provoked and inflamed. It's blatantly wrong to attack private enterprises. The nation's economy relies on private businesses. In 1990, Mongolia chose to adopt an orientation consistent with democratic society, enshrining this foundation in its constitution. Does the present discourse align with it? There should be national support for a private sector-based economy. Mongolia requires many substantial investors like MAK and MCS. In a globalized world, maintaining significant national investors ensures economic security. Economic resilience is not confined to national defense but also in economic sectors. Attempts to undermine national investments and paint them negatively is entirely wrong. Doing business in Mongolia is tough. Personally, I've been associated with this sector since 1995. A healthy business environment is absent. That's why some seek political support and engage in unfair competition. - Do you believe the government should hold a 34% stake in strategic deposits? - It's more relevant to consider those who granted and received such permissions. If the law states that the government can take 34% after conducting its own research, then the law should be enforced. Nevertheless, two issues arise. First, what was the legal structure at the time? Taking back a deposit obtained legally under past legislation seems wrong. Moreover, what signal does it send to local and foreign investors if Mongolia attempts to reclaim deposits a decade later? Who will invest in a country challenging national investors and retracting permits received? The principle of law should be upheld at all levels. However, laws shouldn't be selectively applied with specific objectives.

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"Digital Concept" LLC: Invitation for Open Tender

Published: 2025-03-10 | Translated from: ikon.mn

Invitation for Open Tender 1. General Information about the Tender: "Digital Concept" LLC invites proposals for participation in the construction of new stores to be implemented in 2025 for the GS25 chain stores. This involves interior and exterior finishing work for buildings and structures, installation of electrical and plumbing hidden fittings, connections, installations, and supply of required goods for the execution of these works. Tender submission deadline: March 26, 2025, at 15:00 hours. 2. Requirements for Participants The participating organization must be a legal entity or business entity operating in Mongolia. The participating organization must have special permissions BA-6.1, BA-6.2, BA-6.3, BA-7.1 under the "Construction Law". The organization must have the financial capability to complete the work according to the contract. Interested parties must register for the tender by contacting tender@digitalconcept.mn before 15:00 on March 13, 2025. Tenders must be submitted by the method specified in the tender documents before 15:00 on March 26, 2025. The Client will organize the tender internally and will only contact the selected business entities. Interested parties and organizations can request the tender document and seek clarifications or additional information related to this tender at the following address: Address:
15th Khoroo, Chinggis Avenue-6, Stadium Orgil-1, Khan Bank Tower, 6th floor, Ulaanbaatar city 17010 Email address: tender@digitalconcept.mn Phone: 80885809 Warning Media organizations (Television, Radio, Social and Web pages) must cite their source (ikon.mn) when using our information in any form, in full or in part.

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Diplomacy

Mongolia and Czech Republic Elevate Relations to Comprehensive Partnership

Published: 2025-03-10 | Translated from: isee.mn

The state visit of the President of Mongolia, Ukhnaa Khurelsukh, to the Czech Republic is continuing. During the state visit, the traditional friendly relations and cooperation have been elevated to a new level, achieving a Comprehensive Partnership. President U. Khurelsukh and Czech President Petr Pavel attended the signing ceremony of documents on relations and cooperation as part of the state visit. The "Joint Declaration on the Comprehensive Partnership between Mongolia and the Czech Republic" was signed by the Minister of Foreign Affairs of Mongolia, Battsetseg Batmunkh, and the Czech Minister of Foreign Affairs, Jan Lipavský. Mongolia established diplomatic relations with Czechoslovakia on April 25, 1950, and with the Czech Republic on January 1, 1993. The Czech Republic is considered Mongolia's "third neighbor" and has been fostering friendly relations and cooperation. The "Agreement on Cooperation between the Police Organizations of Mongolia and the Czech Republic" was signed by the Mongolian Minister of Justice and Internal Affairs, Oyun-Saihan's Altangerel, and the Czech Deputy Minister of Internal Affairs, Lukáš Hendrych. The agreement aims to prevent and detect organized crime, identify criminals, and strengthen cooperation to maintain public safety and order. Competent authorities of the two countries can now communicate directly and work together quickly. The parties will also exchange experiences in criminological research and investigation methods and will organize joint training, seminars, exercises, language training, and training of specialists. The "Agreement on Cooperation in the Field of Education between the Ministry of Education of Mongolia and the Ministry of Education, Youth and Sports of the Czech Republic" was signed by the Mongolian Minister of Education, Purevsuren Naranbayar, and the Czech Deputy Minister of Education, Youth and Sports, Jaroslav Miller. Students who qualify for the "President's Scholarship-2100" program will have increased opportunities to study at state-owned universities in the Czech Republic, and students, teachers, and researchers will participate in short-term training. To learn and deepen knowledge of the languages and cultures of both countries, summer courses in linguistics and literature will be jointly organized every year. The "Memorandum of Understanding on Cooperation in the Field of Agriculture between the Ministry of Food, Agriculture and Light Industries of Mongolia and the Ministry of Agriculture of the Czech Republic" was signed by the Mongolian Minister of Food, Agriculture and Light Industry, Jadambyn Enkhbayar, and the Czech Minister of Agriculture, Marek Vyborny. The memorandum was established to expand and develop economic cooperation between the two countries and ensure food safety. The parties will collaborate in the exchange of advanced agricultural techniques, technology, machinery, equipment, and the production of raw materials and products of animal origin. They will also focus on ensuring food safety and agricultural production, with an emphasis on exports of raw materials and products derived from traditional pastoral livestock practices to the European market. The "Memorandum of Understanding on Cooperation between the Ministry of Environment and Climate Change of Mongolia and the Prague Zoo of the Czech Republic" was signed by the Exceptional and Plenipotentiary Ambassador of Mongolia to the Czech Republic, Damsuk Gansukh, and the Director of the Prague Zoo, Miroslav Bobek. Cooperation with the Czech Republic to protect the critically endangered Wild Bactrian Camel and preserve its ecosystem has begun. The Czech Republic has a successful history of implementing projects to reintroduce the Przewalski's horse. This time, by involving international scientists and researchers, work will be expanded to protect the Wild Bactrian Camel, sustain its population, intensify ecosystem habitat research, detail the protection plan, and jointly improve effectiveness. The "Memorandum of Understanding on Cooperation in the Field of Physical Education and Sports between the Physical Education and Sports Authority of Mongolia and the National Sports Agency of the Czech Republic" was signed by the Exceptional and Plenipotentiary Ambassador of Mongolia to the Czech Republic, Damsuk Gansukh, and the Head of the National Sports Agency of the Czech Republic, Ondřej Šebek.

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President Khurelsukh's State Visit to the Czech Republic Begins

Published: 2025-03-10 | Translated from: gogo.mn

The President of Mongolia, Ukhnaagiin Khurelsukh, arrived in Prague yesterday for a state visit to the Czech Republic at the invitation of Czech President Petr Pavel. President Khurelsukh and his accompanying delegation were welcomed at Prague's "Václav Havel" International Airport by the Czech Republic's Minister of Foreign Affairs, Jan Lipavsky, Mongolia's Extraordinary and Plenipotentiary Ambassador to the Czech Republic, D. Gansukh, the Extraordinary and Plenipotentiary Ambassador of the Czech Republic to Mongolia, Jan Vytopil, the Director of the Protocol Department of the Czech Presidential Office, Tomas Pernicky, and diplomatic staff from the embassy. This state visit is taking place on the occasion of the 75th anniversary of the establishment of diplomatic relations between the two countries, and it is the first visit at the level of the head of state from Mongolia to the Czech Republic in 10 years. During the visit, the two heads of state will hold a bilateral meeting and official talks and provide information to media representatives. The parties plan to sign government-to-government agreements and documents of institutional cooperation in fields such as education, the environment, agriculture, sports, and law in order to further enhance the traditional and friendly relationship.

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Mongolia to Hold Fifth Round of Talks with South Korea

Published: 2025-03-10 | Translated from: montsame.mn

An open discussion on the topic of "Business Participation in the Economic Partnership Agreement" between Mongolia and South Korea was held at the MNCCI. Mongolia and South Korea initiated the economic partnership agreement in 2023, and over the past period, the two sides have successfully conducted four rounds of official talks. This year, in the first quarter, the next round of discussions is planned, gathering opinions from businesses, enterprises, and professional associations. The "Economic Partnership Agreement" aims to increase non-mineral exports to South Korea and reduce trade deficits. Furthermore, improving the foreign trade environment could attract investment and reduce reliance on the mining sector. B. Anar, Head of the Integrated Policy Coordination Department at the Ministry of Economy and Development, stated, “Through the agreement, South Korea will have the opportunity to invest in specific sectors and services and export the products manufactured in those investment locations. For our country, it is significant for economic expansion. Within the framework of the economic partnership, we aim to improve the potential products in agriculture that have yet to be realized. In 2024, meat export volumes decreased compared to the previous year. We believe that if quarantine, laboratory, and animal health issues are properly addressed within the agreement, it is possible to earn more export revenue from livestock farming than from mining exports, especially copper. This will lead to an increase in the income of herder families." Representatives of businesses emphasized the need to clarify and improve some foreign trade issues, such as certificates of origin, sanitary and phytosanitary measures, and bringing them to international standards.

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The Presidents of Mongolia and the Czech Republic Held Official Talks

Published: 2025-03-10 | Translated from: montsame.mn

The state visit of the President of Mongolia, U. Khürelsükh, to the Czech Republic is ongoing. As part of this state visit, President U. Khürelsükh and President Petr Pavel of the Czech Republic held official talks. Both heads of state expressed their satisfaction with the active development of relations and cooperation in various economic and social sectors as a result of joint efforts from both sides. They reaffirmed their commitment to further enhance the level of relations and to collaborate effectively in all areas of cooperation. Specifically, they aim to expand cooperation under the framework of common goals outlined in the long-term development policies of both countries, enrich the relations with substantial economic content, and implement mutually beneficial joint projects and programs to symbolize their partnership. Additionally, they aim to increase economic investments and actively collaborate in sectors such as the environment, health, culture, education, sports, tourism, transportation, food, and agriculture. During the talks, the leaders discussed maintaining and strengthening the tradition of cooperation within the framework of the United Nations and other international organizations, and exchanged views on some regional and international issues of mutual interest.

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President U. Khurelsukh Officially Welcomed by President Petr Pavel

Published: 2025-03-10 | Translated from: montsame.mn

President U. Khurelsukh of Mongolia Officially Welcomed by President Petr Pavel President of Mongolia U. Khurelsukh, who is on a state visit to the Czech Republic, was officially welcomed by the President of the Czech Republic Petr Pavel at Prague Castle. The national anthems of both countries were played by a band, and a ceremonial gun salute was fired. Following this, the Commander of the State Honor Guard reported to President U. Khurelsukh. The heads of state greeted the official delegations from Mongolia and the Czech Republic who participated in the welcoming ceremony and held a private meeting. President U. Khurelsukh also left a message written in traditional Mongolian script in the guest book at Prague Castle. In the book, he wrote: "As the President of Mongolia, on a state visit to the Czech Republic, a 'third neighbor' and trusted partner in Europe with traditional friendly relations and cooperation, I am pleased to announce the elevation of our bilateral relations to a Comprehensive Partnership level. Visiting the beautiful and historically rich Prague Castle, I deeply respect the dedication, achievements, and ideals of the Czech leaders throughout history who have restored and built the Czech Republic, laying the solid groundwork for sovereignty, modern development, and progress while earning the trust, hope, and respect of the Czech people. May the traditional friendly relations between our two countries continue to prosper forever, similar to how our ancestors, Great Khan Chinggis and his successors, once established the 'Great Mongolian Peace' around the world." Prague Castle, or the Presidential Palace, hosts state ceremonies, honor meetings, and events, receiving heads of state and high-level representatives from foreign countries. The Czech Republic has a population of over 10 million people and a parliamentary government system. President Petr Pavel was elected for a five-year term in January 2023 and took the oath of office in March of the same year. The Czech gross domestic product (GDP) is $343 billion. The GDP per capita is approximately $57,000, with the average salary being over 45,000 CZK, or around $2,000. The main economic sectors are services, industry, and agriculture. The country exports approximately $424 billion and imports over $400 billion. The Czech Republic joined NATO in 1999 and the European Union in 2004. As a member country, it participates in the European single market but continues to use its national currency, the Czech koruna, instead of the euro.

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Agreement with the Czech Republic to Enhance Cooperation and Protection

Published: 2025-03-10 | Translated from: ikon.mn

The Standing Committee on Legal Affairs of the State Great Khural convened today to discuss the issue of reviewing the draft agreement on "Cooperation between the Police Departments of Mongolia and the Czech Republic." The meeting was chaired by Member of Parliament P. Sainzorig. N. Uchral, Minister and Head of the Cabinet Secretariat of the Government, presented the draft agreement submitted by the government. Minister N. Uchral highlighted the government’s efforts to establish legal assistance agreements with countries where many Mongolian citizens travel, reside, and work, and he briefly introduced the content of the cooperation agreement with the Czech Republic. The draft agreement specifies various areas of cooperation between the parties, including special forms, exchange of information, mutual consultation, support, exercises and training, protection, transportation, and border crossing for necessary individuals. By establishing this agreement, both parties will have the opportunity to cooperate extensively in preventing and detecting organized crime, ensuring public security, and working swiftly to prevent disturbances to public order. Following the presentation by the Minister of the Cabinet Secretariat, Members of Parliament asked questions and received responses. The meeting was also attended by T. Sukhbold, Director of the General Police Department, Ch. Narantuya, Director of International Agreements and Foreign Cooperation Department at the Ministry of Justice and Internal Affairs, and B. Batzorig, Head of the Legal Department of the General Police Department, who answered questions from the Members of Parliament. The Standing Committee’s meeting concluded with the decision to support the consultation of the "Cooperation between the Police Departments of Mongolia and the Czech Republic" agreement, as reported by the State Great Khural’s Press and Information Department. Note: Media outlets (Television, Radio, Social, and Web pages) are reminded to always cite the source (ikon.mn) when using this information in whole or in part.

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Agreement to Cooperate with Czech Police

Published: 2025-03-10 | Translated from: gogo.mn

The Standing Committee on Security and Foreign Policy of the State Great Khural met today. The committee discussed the issue of deliberating the draft "Agreement on Police Cooperation between Mongolia and the Czech Republic" submitted by the government. Minister of Mongolia and Head of the Cabinet Secretariat N. Uchral presented the draft agreement. He mentioned that the initiative to establish this agreement was originally proposed by the Czech Republic and stated that both parties worked closely to finalize the draft. The draft agreement, consisting of five sections, 29 articles, and an annex, outlines how the authorized bodies of Mongolia and the Czech Republic will cooperate in ensuring public safety, maintaining public order, and combating and preventing organized crime. It includes specific forms of cooperation such as sharing information on crimes under investigation, taking testimonies based on requests from the other side, deploying officers to carry out specific tasks on each other's territory, the rules for exchanging confidential documents and personal data, as well as organizing joint trainings, seminars, and exercises. Establishing this agreement will expand cooperation between the parties in preventing and detecting organized crime, allowing the authorized bodies of the two countries to communicate directly and work swiftly to ensure public safety and prevent disorder. The findings and conclusions regarding the discussion of this issue at the meeting of the Standing Committee on Legal Affairs were presented by Member of the State Great Khural P. Sainzorig. Member of the State Great Khural P. Sainzorig emphasized the importance of preparing and exchanging experts and officers under the agreement and suggested learning from European countries' experience in combating cybercrime. It was decided to submit the minutes and conclusions of the Standing Committee on Security and Foreign Policy's meeting, which discussed and approved the draft agreement, to the government, according to the Information and Media department of the State Great Khural.

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Consul Ts. Unurzaya from Busan, South Korea, has Resigned

Published: 2025-03-10 | Translated from: isee.mn

Consul Ts. Unurzaya, who was stationed in Busan, South Korea, has resigned from her position. Regarding this, she stated, "I have returned to my homeland after handing over my position in the diplomatic service. I would like to express my sincere gratitude to the Minister of Foreign Affairs of Mongolia, the Ministry's colleagues, the government agencies of Mongolia, especially the Embassy in Seoul, and the colleagues at the Consulate in Busan who have supported me in every way during the past over 4 years. Additionally, I thank the relevant government bodies of Busan, Daegu, Gwangju, and Ulsan, the local residents, the Mongolian-Korean NGOs and associations, and the citizens of South Korea who devote their hearts and minds to Mongolia, as well as my friends." Unurzaya continued, "A significant 25 years of the historical 35-year diplomatic relationship between Mongolia and South Korea are directly connected to my life. Over this period, I have worked in representation of the Mongolian state agencies in this country for more than 10 years and have led the organization twice. From the time I arrived in a foreign land in my early 20s to pursue my studies, I have worked and lived with dedication, striving to overcome all difficulties, appreciated and supported by everyone who entrusted me with the opportunity to work. I will continue to work and live diligently in the future."

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Infrastructure

Kh. Nyambaatar: A grant of 100,000 tugriks will be provided to all households in the ger districts that switch to gas and electric heating systems

Published: 2025-03-10 | Translated from: ikon.mn

The mayor announced last month that the regulation to provide incentives to eligible households in the ger districts that have switched to gas fuel will soon be approved. He introduced a draft regulation for installing electric heaters and devices that operate on all types of gas fuel in homes in the ger districts and providing price incentives for their use. The draft regulation will be approved by the City Council. "We are preparing to designate the area of 100,000 households in the ger districts as a green zone by the City Council. The zone will be bordered on the west by the Songino Khairkhan district's Tolgoit area and on the east by the Bayanzurkh district's Monos area. Households in the green zone will not be forced, but those wishing to install electric heaters and meeting the following requirements will be granted incentives: - The household must have no outstanding electricity bills. - The house or ger must be insulated. - A request to remove the stove must be expressed. All households that switch to gas and electric heating will receive a grant of 100,000 tugriks per month uniformly, without distinction between households with large or small houses. Initially, we have calculated to switch 10,000 households to electric heating and 20,000 households to gas heating by the coming August, providing them with the grant of 100,000 tugriks. There are 30,000 units of gas and electric heating devices in the capital. These will be installed in eligible households. Citizens will choose from the gas and electric heaters we offer. Options are available for use in houses with areas of up to 50 square meters and larger. Since these are made to order, their capacity can be increased as needed. For example, an electric heater device, when installed outside the ger, will draw in cold air and release warm air inside. When installed in an insulated ger, the electricity cost per month would be 138,000 tugriks, with 100,000 tugriks provided as a grant. The consumer will pay 38,000 tugriks. Many places tested electric heater devices during Tsagaan Sar. It heats up even the coldest ger to unbearable levels within 10 minutes. The device includes technology to adjust the air temperature automatically. The advantage of gas heating is that cooking on gas can reduce electricity bills significantly. Since our people are not yet accustomed to using gas extensively, we will provide the option to choose electric heating instead. However, it is necessary to prioritize reducing heat loss first. With the nighttime usage tariff discount and the added discounts for gas and electric heaters, we hope to create a stress-free option for consumers. Using last year's funding for "Tavan Tolgoi Fuel" LLC's fuel plant, we will purchase gas and electric heating devices to be installed in 30,000 households. This will reduce fuel production correspondingly. In other words, the devices will not be purchased with state or city budget funds. We will acquire the devices through negotiations at the most affordable price. Professional organizations will provide advice and instructions on safe usage and operation to households. This way, chimneys will come down, and air pollution will be reduced.

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TODAY: Conference on Agreeing Cargo Volume for International Railway Transport

Published: 2025-03-10 | Translated from: montsame.mn

Ulaanbaatar. Overview of events happening today: The State Visit of the President of Mongolia U. Khurelsukh to the Czech Republic has commenced. 9:00 AM: Conference on agreeing on the volume of cargo to be transported by railway in international relations will be held in the BALLROOM hall of the Shangri-La Hotel. 10:00 AM: Open discussion on the "Economic Partnership Agreement" to be established between Mongolia and the Republic of Korea with the participation of businesspeople will take place at MNCCI. 11:00 AM: The Emergency Management Agency will give information regarding the sharp increase in forest fires. 11:40 AM: Dr. G. Uugantsetseg, a human doctor and medical doctor, will give details on the issue of suing the government demanding compensation for the families of those who have died from carbon monoxide poisoning due to processed fuel since 2018 at the "National Press Center" of the "Century News" newspaper. (Contact: 99790206, 80190070) The joint exhibition "Today" by artists Z. Uyanga, D. Burdaa, and M. Bayarmagnai continues at the Zanabazar Museum until March 15. The national "Let's Respect Each Other" campaign, traditionally organized until April 1, is ongoing. Abroad: In commemoration of the 75th anniversary of the establishment of diplomatic relations between Mongolia and the Czech Republic, the "Genghis Khan" international exhibition will open in the "Historical building" hall of the Czech National Museum in Prague.

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Construction of Cable Car Installation Begins Today

Published: 2025-03-10 | Translated from: gogo.mn

The installation work for the cable car route from Yarmag to Ünen Khoroolol has started today. In particular, the feasibility study for the second line of the project, which is the Yarmag, Artsat-Ünen Khoroolol direction, has been approved. Connection anchors for two stations and 19 support columns have been received. The equipment for the two stations and the T1-T8 support columns will be received in April. The production of the cable car cabins will also begin in April. In order to implement the cable car transport, 15 packages of standards for the safe operation of cable car transport facilities intended for passenger transportation within the European Union have been localized and approved as MNS standards. The tasks of clearing and using the land and space within the scope of the project are being carried out in stages. In Yarmag, Artsat, a 1-hectare area will be used to build a garage for 98 cabins, a maintenance workshop, and a parking lot. The cable car transport along the Yarmag, Artsat-Ünen Khoroolol route is 4.2 km long, with two stops, and heights ranging from 7.5 to 42 meters, with a total of 19 support columns. It has the capacity to transport 2320 people during peak hours, with a total of 98 cabins each holding 10 people. It is planned that passengers will be able to travel from Yarmag to Ünen Khoroolol at a speed of 22 km/h in 11 minutes. Line II: Yarmag, Artsat-Ünen Khoroolol Length of the route: 4.2 km Stops: 2 Transportation speed: 22 km/h Travel time: 11 minutes between two stations Capacity: 2320 passengers Cabin capacity: 98 cabins with a capacity of 10 people each Maximum wind resistance speed: 70 km/h

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MIAT Cancels Today's Ulaanbaatar-Frankfurt-Ulaanbaatar Flight

Published: 2025-03-10 | Translated from: unuudur.mn

The MIAT company has canceled its flight on the Ulaanbaatar-Frankfurt-Ulaanbaatar route today in connection with the strike announced by the German "Verdi" labor union. Passengers who had planned to travel on this flight today are advised to contact the sales center where they purchased their tickets. On this day, a total of 1,170 flights with 150,000 passengers were planned at this German airport. However, the "Fraport" company, which is responsible for ground services at the airport, is urgently informing customers and is managing the situation by canceling flights and arranging for passengers not to be brought.

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B.Delgersaikhan: 4600 km of Railways will be Constructed

Published: 2025-03-10 | Translated from: news.mn

The consultation of member countries of the Organization for Cooperation between Railways (OSJD) on cargo volume agreements has started in Ulaanbaatar. Representatives from a total of 12 countries, including Mongolia, Russia, China, Afghanistan, Belarus, Vietnam, Kazakhstan, Turkmenistan, Uzbekistan, and South Korea, are participating in this consultation to not only agree on the volume of freight to be transported by rail this year but also to formulate policies on how to avoid reducing freight volumes during this critical time when the world economy might face a recession. For Mongolia, works are underway to increase the capacity to transport, transit, and process cargo by rail, expand the national railway network, renew the central railway line that connects neighboring countries, gradually link border crossings by rail, build new terminals, and construct new railways to export products of major mineral deposits in phases. For this purpose, in the framework of the "New Revival Policy," the Government of Mongolia is constructing 4,600 km of railway and immediately implementing tasks to connect four new border crossings by rail and increase the cargo throughput capacity of the ports 2-3 times, highlighted by Minister of Road and Transportation, B. Delgersaikhan, during this occasion. For example, the 234 km railway from Tavantolgoi mine to Gashuunsukhait border has been constructed and put into operation, and later, an agreement was signed between the governments of Mongolia and China in February of this year to implement the cross-border railway construction from Gashuunsukhait to Ganqimaodao port. Once this project is implemented, 30-50 million tons of coking and thermal coal can be transported and exported annually. Furthermore, the rail connection of Hangi-Mandal, Shiveekhuren-Sekhee, and Bichigt-Zuun Khatavch border railways will create opportunities to export tens of millions of tons of mining products. In the future, under the policy of expanding the national railway network, works on stage-by-stage construction of vertical and horizontal axis railways will be intensively implemented. In addition, the joint-stock company "Ulaanbaatar Railway" is planning to implement new projects to build the eastern vertical corridor railway in Choibalsan-Khoot-Bichigt direction and the western vertical corridor railway in Artsuuri-Narinsukhait-Shiveekhuren direction, apart from the current central corridor linking Russia and China. By implementing these projects, it will be possible to balance the load of the "Ulaanbaatar Railway" central corridor, increase cargo transport flow, and enable quick and efficient passage of foreign trade cargo through many crossings. In addition to the vertical axis railways that connect Russia and China, the horizontal axis railway in Sainshand-Baruun-Urt-Khoot direction will be constructed to expand the national railway integrated network. Moreover, implementing the project to renew and develop the central line of the Mongolia-Russia-China economic corridor railway will increase the transport capacity of the main line of Ulaanbaatar Railway to 50.6 million tons in 2030 and 90.7 million tons in 2050. Furthermore, the company has increased its charter capital by 167 billion MNT and improved its capacity. Additionally, the "Ulaanbaatar Railway" joint-stock company transported 33.4 million tons of cargo in 2024, exceeding its capacity by 20%. In order to transport 50.6 million tons of cargo in 2030, it is necessary to increase the transport and processing capacity of the railway, establish double tracks, and electrify it. At the consultation, the related official highlighted the importance of keeping up with global railway development trends to achieve these set goals. Currently, the "Ulaanbaatar Railway" company transports 21 types of cargo. It has managed to turn its loss from freight transport profitable by adjusting tariffs, making tariffs besides those for food and petroleum products profitable from January 1, 2025. It should be noted that the number of transit container trains passing through Mongolia is rapidly increasing every year, reaching 3,144 in 2024, indicating that the "Ulaanbaatar Railway" joint-stock company is becoming an active participant in trade and economic cooperation in its region. The consultation will continue for five days in Ulaanbaatar.

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B. Davaabayar: Enforcement Actions to Demolish Buildings Constructed with Violations and Revoke Land Permits

Published: 2025-03-10 | Translated from: ikon.mn

In the territories of nine districts of the capital city, a control inspection to eliminate violations will be conducted starting today and continue until May 10, in cooperation with over ten relevant professional organizations of the city. According to B. Davaabayar, head of the Urban Improvement Department of the UBZAA, "During the inspection, we will undertake necessary measures, such as nullifying the land possession and usage rights of individuals and businesses that have committed violations, vacating land, enforcing the demolition of unauthorized and violation-constructed buildings, and confiscating items and equipment posing risks. We will implement these actions to enforce adherence to urban standards." In the scope of enforcing urban standards, the following violations will be eliminated. Specifically: - Land possession and usage rights, fences, and structures with violations; - Buildings and structures that violate laws, construction norms, and regulations; - Temporary structures and extensions placed without authorization in public pathways; - Address structures, signs, and exterior addresses; - Lighting poles, road signs, and markings; - Public place trash bins, waste collection, and transportation; - Open covers of engineering networks, surface water drainage systems, traps, and pipes; - Damage to road structures, barriers, and pedestrian walkways; - Points for collecting secondary raw materials and metal in residential areas; - Fuel stations located in residential zones; - Gravel and aggregate extraction, building material production, and concrete plants in residential zones; - Accumulated garbage and pollution in streets and public properties; - Standards for the exterior environment of state and service organizations; - Accessibility planning for people with disabilities; - Exterior facades, maintenance services; - Violations in green areas of streets, community complexes, and public pathways; These measures aim to provide citizens with a pleasant, safe, and unrestricted environment for movement. Warning: Please note that media organizations (TV, Radio, Social, and Web pages) must mention the source (ikon.mn) when partially or fully using our information in any form.

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Bureaucracy in the Energy Sector Must Be Eliminated

Published: 2025-03-10 | Translated from: gogo.mn

The GoGo team is working to deliver information directly. The head of the Government's Monitoring and Implementation Department, Ch. Ünübayar, held a press conference today. He stated, “At the end of last year, inspections were carried out in response to complaints from citizens in Darkhan-Uul aimag. Serious violations were discovered. Other provinces and state-owned entities also have issues. According to the Prime Minister's instructions given at the government meeting, it was found that the price of energy and electricity has increased by 30-89%. Energy consumption has been growing annually by 10-12%. Due to bureaucratic processes involved in granting permissions, there is a need to reform and change the energy sector. The joint government policy stated that new sources of energy would be built. However, without eliminating the bureaucracy and issues related to electricity connection permits, it is impossible to proceed. This will be studied and presented at the government meeting. In Bayankhongor aimag, upon checking complaints from certain members of the State Great Khural, several heads of departments were found to have been appointed in violation of laws. Inspections are being conducted in government agencies and other provinces. It is our duty to comply with the Law on Civil Service, other laws and regulations, to work with the principle of lawfulness, and to correct the violations committed by institutions and civil servants.

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Ch.Onorbayar: It takes 4-6 years to obtain a permit to build a power plant

Published: 2025-03-10 | Translated from: isee.mn

Ch.Onorbayar, Head of the Government's Monitoring Implementation Office, and N.Lkhagvadorj, Secretary of the National Evaluation Commission and Head of the Executive Office, provided information on current issues. During the session, Ch.Onorbayar stated, "Before Tsagaan Sar, on the order of the Prime Minister, we conducted an inspection regarding the issue of increasing energy prices. It was discovered that the energy price calculation method was increased from four to eleven, without informing the public and without public consultation. The inspection found that energy prices had increased by 30-89%. The energy price varies depending on the type of meter the household uses. Furthermore, many people request licenses to produce energy and operate power plants, but not everyone is able to build them. If they had used their licenses to build power plants, Mongolia would now be producing 1623 megawatts of energy domestically. Currently, only 841 megawatts of energy are being produced. It takes 4-6 years to obtain a permit to build a power plant. Because of this, interest in investing in the energy sector remains low," he said.

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Z. Batbayar: The Eg River Hydropower Plant Project Has Not Stopped, Research Work is Continuing

Published: 2025-03-10 | Translated from: itoim.mn

The Eg River hydropower plant, to be built in the Khantai area of Khutag-Undur sum, Bulgan aimag, at the confluence of the Eg and Selenge rivers, has been a discussed project for more than 30 years. The 310 MW Eg River hydropower plant project is planned to be implemented from 2024 to 2032 with a total investment of 3.7 trillion MNT. If the Eg River reservoir is built, it will not only regulate water resources but also ensure the stability of Mongolia's energy supply, regulate peak loads, reduce coal consumption by 438.7 thousand tons per year, decrease greenhouse gas emissions by 709 thousand tons, and accumulate a strategic reserve of 5.7 billion m³ of fresh water. We reached out to Z. Batbayar, Head of the Water Agency, an implementing agency of the Government of Mongolia, to inquire about the progress and implementation of this mega project. He said, "The issue of regulating flows and building a reservoir on the Eg River has been discussed for many years. The Eg River originates from Lake Khuvsgul and flows into the Selenge River, which provides 50% of the total water flowing into Lake Baikal, making it of exceptional importance. The water level, pollution issues, and future stability of Lake Baikal are inextricably linked to the flow of the Selenge River. In connection with this, representatives of the scientific academies of the two countries formed a working group to study the impact on Lake Baikal. In this context, conferences were organized in Moscow, highlighting that regulating and protecting the flows of tributary rivers is key to safeguarding Lake Baikal's ecosystem. One way to protect the Eg River is to regulate the floodwaters of the Uur River. The Uur River is one of the most flood-prone rivers in Mongolia, so it is necessary to accumulate excess floodwaters to stabilize the flow of the Eg River. The main goal is to maintain ecological flow and stabilize the Selenge River's flow. We are conducting a detailed impact assessment in cooperation with Russia. Environmental impact assessments identify both positive and negative impacts and study ways to mitigate the negative ones. Therefore, there is no issue of the Eg River flow regulation project being stopped, and research work is proceeding according to plan. Any major project is implemented in three phases: 1. Research and preparation – Conducting all necessary surveys and creating detailed calculations 2. Construction work – The main development phase of the project 3. Adjustment work – Adjusting the completed facilities to ensure environmental friendliness Regulating the Eg River's flow can stabilize the Selenge River's flow and maintain Lake Baikal's water supply for thousands of years. With the increasing frequency of floods due to climate change, accumulating and regulating floodwaters is crucial for water resource conservation. In the future, it will be necessary to regulate water flows not only on the Eg River but also on other major rivers such as the Kherlen, Orkhon, Tuul, Ongiin, and Khovd Rivers. Especially due to climate change, managing the water supply by retaining the water melting from glaciers plays a crucial role in ensuring future water stability," he said.

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Construction of Cable Transport Begins

Published: 2025-03-10 | Translated from: montsame.mn

A project to reduce traffic congestion in Ulaanbaatar, the capital city of Mongolia, is underway with the implementation of a cable transport system. Construction work for the project has started today as part of the city's integrated project to alleviate road traffic. The feasibility study for the second line, connecting Yarmag and Artsat-Onor neighborhoods, has been approved. The project has received connectors for two stations and 19 supporting columns. The project aims to receive the equipment for the two stations and T1-T8 supporting columns by April. The cabins for the cable transport will begin production in April as well, according to official reports. Once the cable transport begins service on this route, it will have the capacity to transport 2,320 people during peak hours, with a total of 98 cabins, each accommodating 10 people. The journey will operate at a speed of 22 km/h, taking 11 minutes to travel between Yarmag and Artsat-Onor neighborhoods. After the installation, the system will undergo a six-month trial without passengers. The Yarmag-Kharkhorin cable line will be 4.2 km long, with two stops, and a height ranging from 7.5 to 42 meters, supported by a total of 19 columns. Regarding the project, senior engineer G. Tsuvshinsanaa stated, “Today we are starting the installation of the supporting columns for the cable transport system. Of the 19 columns, six located in the Tuul River basin will be installed ahead of the rainy season and potential flooding. Once the columns are in place, the work on metallic structures will begin. We aim to complete construction by December this year, followed by a three-month period of testing and adjustments. The system is expected to start operation in the second quarter of the following year." Meanwhile, Monnis Engineering's construction manager J. Ankhbayar added, “The construction will feature reinforced concrete pile and column foundations. We plan to transport the supporting structures from France by May. Drilling will be done 15-20 meters deep and concrete foundations of 6-9 meters will be poured. We will also construct the buildings for the two-terminal stations and a two-story warehouse for cabin storage. In terms of safety, we are collaborating with the city's rescue unit and French partners to share experiences and receive necessary guidance and information.”

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Installation of Cable Car from Yarmag to Öner Khorooolol Begins

Published: 2025-03-10 | Translated from: news.mn

The construction work for the cable car line is starting today. Specifically, the installation of the cable car from Yarmag to Öner Khorooolol is scheduled to begin today. The feasibility study for the second line of this project, from Yarmag and Artsat to Öner Khorooolol, has been approved. The anchoring points connecting two stations and 19 support pillars have already been received, while the equipment for the two stations and the T1-T8 support pillars will be received in April. The production of the cable car cabins will also begin in April, according to officials. Once the cable car service starts operating on this route, it will have a capacity to transport 2,320 people during peak hours, with a total of 98 cabins each accommodating 10 people. It is planned to transport passengers at a speed of 22 km/h from Yarmag and Artsat to Öner Khorooolol in 11 minutes. According to information from the unit implementing the integrated project to reduce traffic congestion in Ulaanbaatar, the estimated market price for riding the cable car is 1,500 tögrög, but a tariff of 2,600 tögrög is necessary to cover business expenses and losses. The final price for riding the cable car has not yet been determined. We continuously analyze the feasibility study and monitor price fluctuations every season. Ultimately, we aim to offer the lowest possible fare for citizens. The main goal is to set a fare that every citizen can afford. Line II: Yarmag, Artsat-Öner Khorooolol
Route length: 4.2 km
Stations: 2
Transport speed: 22 km/h
Travel time: 11 minutes between two stations
Capacity: 2,320 passengers
Cabins: 98 cabins accommodating 10 people each
Maximum wind resistance speed: 70 km/h
THE CABLE CAR WILL BE TESTED WITHOUT PASSENGERS FOR THE FIRST SIX MONTHS
In December last year, city governor Kh. Nyambaatar reported on the progress of the cable car project, saying, "The cable car project is ongoing. It started in 2018, and the equipment for this project should be from France. The equipment is arriving through the Zamyn-Üüd port. By June next year, we will complete the assembly of the main tower and cabin. According to the rules, trial transport without passengers should be conducted for a full six months after assembly. We are pushing to have the state committee accept it before September 1 next year. The municipality has completed all agreements. We will also demolish some parts of the 'Bars-2' shopping center to the west of the 'Kharkhorin' trading center and one adjacent object after reaching an agreement with the property owners. Currently, 90-95 thousand vehicles travel on Yarmag road during peak hours. This project aims to reduce that large flow.

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Society

The Immigration Office to Work on Saturdays for Makeup Days

Published: 2025-03-10 | Translated from: gogo.mn

The central office, border checkpoints, and regional organizational units of the Immigration Agency will be operating on Saturdays, the 15th, 22nd, and 29th of this month, to make up for previous non-working days. Due to the Lunar New Year celebrations, holidays were observed until the 4th of this month. Thus, the Immigration Agency has decided to work on additional days to compensate for this time off. Attention to clients: In relation to the government meeting on February 27th, a decision was made to extend the Lunar New Year holidays, resulting in rest days on March 3rd, 4th, and 5th. As a result, the central office, border checkpoints, and regional organizational units of the Immigration Agency will work on Saturdays, March 15th, 22nd, and 29th in 2025 to make up for these holidays. Working hours: 08:15-16:00.

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Dornod: Transition to State of High Alert

Published: 2025-03-10 | Translated from: montsame.mn

Dornod province is transitioning to a state of high alert for a period of three months. The aim is to ensure public participation in combating forest and steppe fires. Since the beginning of the year, preliminary reports indicate that fires in the eastern three provinces have resulted in the burning of 53,000 hectares of land. Winds across the entire area are expected to reach speeds of up to 24 m/s, and snowstorms with strong winds are forecast in the Khalkh River basin. Therefore, the Emergency Commission of the province is implementing measures such as ensuring the safety of intercity roads, registering movements in and out of sums, and assigning responsible emergency staff and open hotlines for each sum.

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Environment

NEMA: Risk of Wildfires is High in Arkhangai, Khuvsgul, and Eastern Provinces

Published: 2025-03-10 | Translated from: itoim.mn

The National Emergency Management Agency (NEMA) reported that a total of 11 forest and grassland fires were recorded in Dornod, Khentii, Sukhbaatar, and Arkhangai provinces. Preliminary estimates indicate that these fires affected 71,495 hectares of grassland, 16 homes, 22 fences and barns, two vehicles, and 2100 bundles of hay. However, the exact amount of damage is yet to be finalized. Colonel T. Bayarkhuu, Secretary of the National Emergency Commission (NEC), stated that strong winds and blizzards are expected to cover the entire territory, with wet snow and snowstorms forecasted. The Meteorological Agency has predicted dust storms with wind speeds reaching 18-20 meters per second in desert, steppe, and plain areas. The air temperature is expected to drop slightly compared to previous days. In April, the average temperature and precipitation are expected to be around the long-term average. The eastern regions, such as Arkhangai and Khuvsgul, which are high-risk areas for forest and grassland fires, face a very high risk this year. Therefore, we request that preventive measures are implemented, vigilance is maintained, and cooperation is made to reduce the risk of wildfires. This year, the temperature across the country has been warm. Consequently, the thickness of ice on rivers and lakes is 10-80 cm thinner compared to previous years, posing a higher risk for people, livestock, and vehicles. Unfortunately, a recent incident occurred in Khuvsgul province where two citizens tragically drowned after the ice broke on a lake. As such, it is advised not to transport or travel over ice-covered rivers and lakes, or to take shortcuts that may endanger lives and health. Additionally, caution is advised in areas with heavy snowfall during the period of snowmelt. Colonel Ts. Nyambayar, Head of the Fire Fighting Department of NEMA, reported that from the beginning of the year until March 10, forest and grassland fires were recorded 14 times in 11 districts across Arkhangai (Khairkhan), Dornod (Kherlen, Bayan-Uul, Bulgan, Tsagaan-Ovoo, Dashbalbar, Choibalsan), Sukhbaatar (Asgat, Erdenetsagaan), and Khentii (Bayan-Ovoo, Batshireet) provinces. Fires in Khairkhan district of Arkhangai and Batshireet district of Khentii are under control, and efforts are ongoing to completely extinguish them. Efforts to extinguish fires in Erdenetsagaan and Asgat districts of Sukhbaatar province are also underway. High winds across large areas led to the rapid spread of these fires, with wind speeds reaching 6-18 meters per second, particularly in eastern regions like Erdenetsagaan and Asgat districts of Sukhbaatar province. The fire in Erdenetsagaan district has now spread to Matad district in Dornod province, and efforts are ongoing to put it out. Currently, 81 staff from the Emergency Management Agency, 22 from the Border Protection Agency, and 157 local volunteers and professional units are working on the ground. Due to early onset of dryness in the eastern provinces, official instructions have been issued to ensure that emergency services are prepared. While efforts to prevent forest and grassland fires continue, fires have not ceased to occur. Citizens must pay strict attention to fire safety. To determine the causes of yesterday's fires, law enforcement authorities are working on the issue. Preliminary information indicates fires in Bulgan and Choibalsan districts and the provincial center in Dornod originated from landfills. Additionally, two fires resulted from embers from household chimneys, and there is information suggesting some fires were caused by intentional burning of winter shelters and pastures.

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44 Million Hectares Affected by Forest and Steppe Fires in the Last 5 Years

Published: 2025-03-10 | Translated from: news.mn

Spring has arrived, and people and animals are starting to relax. However, in the case of Mongolia, due to weather conditions, there is significant dryness during spring, which leads to a very high risk of forest and steppe fires occurring. Notably, more than 60% of forest and steppe fires occur in April and May. About 55.3% of Mongolia's total area is considered at risk for forest and steppe fires. Furthermore, 98.5% of forested and steppe regions fall into the first and second categories of fire risk. In the last five years, over 600 instances of forest and steppe fires have occurred, affecting an area of 44.2 million hectares and causing damage worth over 160 billion tugriks. If we look at the damage by year, in 2020, there were 147 forest and steppe fires in the capital and 74 districts across 15 provinces. About 9,550 hectares of forest and 234,762 hectares of steppe were affected, totaling 245,311 hectares and causing damage worth over 3 billion tugriks. In May 2021, 65 forest and steppe fires were reported across 15 districts in 7 provinces, affecting approximately 81,500 hectares and causing damage worth 1.1 billion tugriks. In 2022, there were 179 reported forest and steppe fires, with 16,400 hectares of forest and 116,600 hectares of steppe affected, resulting in damage worth 2.8 billion tugriks. By the first ten months of 2023, there have been 93 reported forest and steppe fires nationwide, affecting over 580 hectares. Last year, 137 forest and steppe fires were reported in 55 districts across 21 provinces. Half of the forest fires recorded in the last four years have occurred in Sukhbaatar, Khentii, and Dornod provinces. Over 90% of forest and steppe fires are caused by human activities. A small percentage are due to flammable materials such as stray glass or lighters left in nature, ignited by heat. Forest fires can start from a single spark, a small flame, a half-extinguished match, or ash, spreading at a rate of two meters per second. Forest ecosystems affected by fires never recover as they were before; a new ecosystem forms but it requires about half a century. There is a report that due to climate change, about 80% of Mongolia's land has been affected by desertification. If forest fires continue, global warming, heat, and climate change will continue to increase. Therefore, during these high-risk fire periods, every citizen must be responsible and take measures to prevent forest and steppe fires to protect our natural world.

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Working to Extinguish Wildfires

Published: 2025-03-10 | Translated from: gogo.mn

Emergency services personnel from the Sukhbaatar aimag's Emergency Management Department and professional teams from Undurshil soum in Dundgovi aimag are fulfilling their duties at the site of a reported wildfire. Additionally, the forest and steppe fires that occurred in Khairkhan soum of Arkhangai aimag and Batshireet soum of Khentii aimag have been brought under control. Efforts are ongoing to extinguish two steppe fires that broke out in Asgat and Erdenetsagaan soums of Sukhbaatar aimag. This year, the level of dryness is high, and during the spring's dry, windy conditions, the majority of forest and steppe fires are caused by careless actions by the public. Therefore, during the dry days of spring, people are being specially warned to dispose of hot ashes and embers in designated containers, to ensure cigarettes are fully extinguished when traveling in fire-risk areas, to maintain complete vehicle safety, and not to burn litter in the open. Source: National Emergency Management Agency (NEMA)

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NEMA: 11 Forest and Wildfires Registered in Eastern Provinces and Arkhangai

Published: 2025-03-10 | Translated from: gogo.mn

Due to the onset of spring dryness, the occurrence of forest and wildfires has significantly increased, prompting updates from the National Emergency Management Agency (NEMA). Colonel T. Bayarkhuu, Secretary of the National Emergency Commission, stated that in the coming days, strong winds are expected across the country. As of yesterday, the Emergency Agency's officials are responding to fire calls affecting the eastern three provinces and Arkhangai. According to Colonel Ts. Nyambayar, head of NEMA's Firefighting Department, a total of 11 forest and wildfire reports were recorded in the Dornod, Sukhbaatar, Khentii, and Arkhangai aimags. As of March 10, a total of 14 fires have been reported since the beginning of the year. Efforts are underway to contain and extinguish fires in Khairkhan in Arkhangai and Batshireet in Khentii. Ten fires have been recorded in the soums of Dornod and Sukhbaatar aimags and Bayanuul and Batshireet in Khentii aimag. As of today, the fires in Erdenetsagaan and Asgat soums of Sukhbaatar aimag have been contained. Emergency workers from the aimag and border guard units are working to extinguish the fires. The fire in Erdenetsagaan soum has spread into the territory of Matad soum in Dornod. Personnel from the Eastern Regional Emergency Agency, border guards, and local professional firefighters are working to extinguish the fire. Yesterday, the entire region experienced strong winds, with wind speeds of 6 to 18 meters per second in the eastern provinces where the fires occurred, contributing to the rapid spread across vast areas. Residents are reminded to be aware of the fire risks in dry, high-risk areas. Despite organized efforts to prevent forest and steppe fires, the fires continue to occur. Residents traveling or living in rural areas during the dry spring season are urged to ensure fire safety. - Have the causes of the fires been identified? Authorities are working to determine the causes of yesterday's fires. Preliminary information suggests that the fire in the Bulgan and Choibalsan soums of Dornod aimag was caused by strong winds at a landfill site. Other preliminary reports indicate that two fires were started by sparks from household chimneys and by intentionally burning down winter shelters.

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Forest and Steppe Fires in Eastern Provinces Affect 45,600 Hectares

Published: 2025-03-10 | Translated from: unuudur.mn

Forest and steppe fires broke out in regions such as the Asgat of Sukhbaatar Province and Dadal of Khentii Province, affecting a total of 45,600 hectares, according to the National Emergency Management Agency's report on completely extinguishing the flames. The first forest and steppe fire of 2025 was registered at 2:00 PM on the 6th of this month in a place called Üüd's Sixty (Үүдийн жаран) of Bayan-Uul bag in Bulgan sum, Dornod Province. In response to the call, the county's Emergency Management Agency's Search and Rescue unit and the professional staff of Matad and Bulgan sums worked and extinguished the fire completely by 8:40 PM. The main cause of this fire was due to residents losing control of a waste burning. Preliminary reports say around 7,500 hectares were affected. During the dry spring days, it is advised to place live coals and ashes in designated containers, fully extinguish smoking items when traveling in fire-risk areas, and refrain from open burning of waste, as warned by the National Emergency Management Agency.

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Prevent Floods by Melting Snow Water and Relocate if Necessary

Published: 2025-03-10 | Translated from: news.mn

With the arrival of the warmer season, conditions are ripe for the melting of frozen snow and ice, which can lead to floods from melted snow water. Therefore, measures are being discussed regarding flood risks and areas in the capital where surface water has accumulated and which require action. INITIATING FLOOD PREVENTION WORKS THIS MONTH The Geodesy and Water Construction Authority (GWCA) has planned to install new stormwater drainage systems in seven locations this year. Additionally, in collaboration with the city's Road Development Agency, they plan to install a total of 1.3 km of new stormwater drainage in two locations. According to GWCA's Director B. Byambasaikhan, "Construction work will begin on March 15 when the temperature transitions to positive degrees due to weather conditions. Prior to this, preparations are being made during the time when the ground is still frozen, with work that requires minimal excavation, such as trenching." The seven locations for new stormwater drainage system installation by GWCA: - Bayangol district, 4th subdistrict, around the railway station; - Bayangol district, 3rd subdistrict, in front of the bridge on Narnii street, near the "Altai" housing complex bus stop; - Bayangol district, 5th subdistrict, around building 14 of "Altai" housing complex; - Chingeltei district, 2nd subdistrict, in front of "Bumbugur" shopping center, near Geser monastery intersection; - Khan-Uul district, 15th subdistrict, under Peace bridge; - Khan-Uul district, 3rd subdistrict, near TEC-3 or Worker street; - Khan-Uul district, 1st subdistrict, near Chingis Avenue or around the 19th neighborhood, with plans to install new lines before the rainy season begins. Two locations where GWCA and the city's Road Development Agency are jointly installing new drainage systems: - Bayanzurkh district, 14th subdistrict, around "Nart" housing complex with 600 meters of line; - Songinokhairkhan district, 18th subdistrict, with 700 meters of line in front of "Teso" group. Additionally, a total of 650 stormwater catch basins will be repaired this year. Besides, following the city mayor's directives from the previous year, they have identified 70 locations where water severely accumulates on pedestrian paths. Some of these locations will be paved with gradient towards catch basins, small drainage lines will be installed to redirect water towards green areas, and connections to main lines will be made to mitigate the issue. RELOCATION WILL BE CARRIED OUT IF NECESSARY IN AREAS WITH ACCUMULATED SNOW MELT There are currently 46 locations throughout the city where surface water accumulation has been noted. GWCA is taking swift measures in these locations. According to J. Batdorsh, Director of GWCA's Maintenance and Operations Department: "We have prioritized these 46 locations and are working daily where urgent action is required. For example, regular measures are being taken in potential flood risk areas to prevent flooding from spring snowmelt. The first channel at "1000" Dunjinn in the 10th subdistrict of Chingeltei district is one risky location. Excavation works to lay channels in dams and bridge crossings, and forming ridges on both sides with extracted ice, along with transporting and clearing ice, are underway." Recently, the melting ice from the Selbe River has posed a risk of encroaching on nearby residential areas. Initially, measures are being taken to erect dikes without transporting the ice. If conditions worsen severely, the ice will be transported, although efforts are being made to channel water flow to open spaces to prevent damage. Furthermore, collaboration with enterprises in the risky areas of surface water accumulation is ongoing, with relocation plans to be implemented if necessary.

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Implemented the 'Contract Feed' Project

Published: 2025-03-10 | Translated from: unuudur.mn

The Ministry of Food, Agriculture and Light Industry reported that the 'Contract Feed' project has been implemented. The project is being jointly developed by the National Federation of Mongolian Farmers, the Mongolian Milk Federation, and "Suu" JSC, with a memorandum of understanding signed by the three parties. Many dairy farmers import feed, bran, and oats for their animals during winter and spring. The 'Contract Feed' project aims to support dairy production, stabilize feed supply, reduce imports, increase the income of herders and farmers, and revive the local economy, according to project implementers. Under this project, milk and dairy product producers will have the opportunity to receive the necessary feed at a reliable and stable price, while expanding the cooperation between the parties and supporting secure purchases for citizens. Most importantly, this initiative will allow farmers to have permanent buyers for their feed, providing an important boost to the development of the dairy sector, according to Minister of Food, Agriculture, and Light Industry J. Enkhbayar.

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Innovation

LandMN Sets Global Standard

Published: 2025-03-10 | Translated from: ikon.mn

Mongolia's leading fintech company, “LendMN NBFI” JSC, has become the first fintech company in Mongolia and the world to receive the “Customer Protection Certificate” at the SILVER level from the international MFR assessment organization. In a time when technological advancements are accelerating in the financial sector, protecting consumer rights is a top priority. The "Customer Protection Certificate" is an international standard that confirms clear, responsible, and fair operation of financial institutions and requires compliance with the following principles: - Providing services that meet customer needs - Preventing over-indebtedness - Transparent and fair pricing policy - Confidentiality and security of information - Prompt resolution of customer complaints Ts. Uuganbayar, CEO of “LendMN NBFI” JSC, stated, "In line with our mission to be a new standard setter in the financial sector, by receiving this certificate, we confirm our commitment to ethical lending policies and protection of customer rights. For us, this is not a reward but a commitment." Previously, "LendMN NBFI" JSC advanced to the final stage in the Financial Inclusivity category of the "Fintech Excellence Awards" given by the Monetary Authority of Singapore and the Singapore Fintech Association, and with this certificate, they have once again proven themselves to be providers of responsible financial services in line with international standards. Notice: Media organizations (Television, Radio, Social Media, and Websites) must mention the source (ikon.mn) when using our information in any form, either fully or in part.

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XAC Bank Sponsors “Development of Technology for Reusing Old HEV/EV Batteries” Project

Published: 2025-03-10 | Translated from: ikon.mn

The "Mongolia Open Innovation and Co-Creation for SDG’s 2024 (MICS)" program, initiated by the Japan International Cooperation Agency (JICA), was successfully organized for the second time. Within the framework of this program, diverse teams from the private and public sectors of Mongolia and Japan, as well as non-governmental organizations, competed by presenting their initiatives and solutions to address issues facing Mongolia under the Sustainable Development Goals. The program aims to select the best projects from the participating teams and provide support for their implementation over the long term. This year, five outstanding projects received funding. One of these projects, "Development of Technology for Reusing Old HEV/EV Batteries," was sponsored by XAC Bank with a grant of 10 million MNT. More than 90% of the old vehicles imported into Mongolia come from Japan, and about 75% of them are hybrid vehicles. The project noted that consumers often discard old batteries improperly or replace parts without the habit of using, classifying, or disposing of them as intended. Therefore, to fulfill its social responsibility, XAC Bank decided to support this project, which aims to reuse hybrid car battery systems that have reached the end of their life cycle or are damaged, with the long-term goal of recycling battery raw materials. XAC Bank has partnered with the "Mongolia Open Innovation and Co-Creation for SDG’s 2024 (MICS)" program as a sponsoring organization for two consecutive years to support the 17 Sustainable Development Goals and contribute to solving social issues. SUSTAINABLE DEVELOPMENT TOGETHER
XAC BANK
Notice: Media outlets (Television, Radio, Social, and Websites) must cite (ikon.mn) as the source when using our information in any form, in whole or in part.

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Mongolian Operator Company's System Highlighted at MWC 2025

Published: 2025-03-10 | Translated from: ikon.mn

MWC 2025 (Mobile World Congress 2025) took place in Barcelona, Spain, gathering 109,000 participants from 205 countries, setting a new record for attendance. This year's event focused on "5G," artificial intelligence (AI), and new systems defining the next level of communications and digital transitions, highlighting how mobile technology is evolving, as seen by participants. This year’s event was particularly significant for Mongolians. As the world’s leading operator companies began successfully implementing new AI-based solutions and systems, Mongolia was the first among Central Asian countries to successfully implement a smart network monitoring system, sharing this experience internationally. The smart system named AUTIN has already been implemented by over 100 top operator companies in 54 countries globally. Engineers and technical staff at Unitel Group, during their implementation, made over 200 additional improvements, making it noteworthy worldwide. Last year, Unitel Group employees received the “AUTIN-Outstanding Network Operations Award” at the “Digital Transformation Innovation Contest 2024.” This event shares strategies and experiences of digital transformations in the global telecommunications sector. John Hoffman, CEO of GSMA, mentioned, "MWC is the largest gathering and meeting point for global mobile operators and technology industry players, and this year has clearly shown how technology is rapidly changing our world. From AI-led networks to introducing smart mobile future technologies, sharing new solutions in Barcelona has helped define next year’s technology trends." Additionally, the “Mobile Economy Report 2025” presented by GSMA noted that mobile technology contributed $6.5 trillion to the global economy in 2024. As "5G," "IoT," and AI continue to develop in the global telecommunications and technology sector, this figure is projected to rise to $11 trillion by 2030. Hence, the new innovative technologies being created and implemented by players in this sector are set to weigh significantly not only on a country's digital transition but also on the development and economy that accompany it. Warning: Media organizations (Television, Radio, Social, and Web pages) must cite their source (ikon.mn) if using our information in any form, wholly or partially.

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Japanese Teacher Conducts Training Under Project to Improve Training Environment

Published: 2025-03-10 | Translated from: gogo.mn

Under the "Project to Strengthen the Management of the Mongolia-Japan Hospital and Training Activities for Medical Professionals," efforts are being made to establish a system for postgraduate training of specialist doctors at the Mongolia-Japan Hospital of the Mongolian National University of Medical Sciences in Bayanzurkh District and to enhance their clinical skills. Today, a teacher from Japan taught at the hospital. During this time, we spoke with the director of the Mongolia-Japan Hospital of the National University of Medical Sciences, M. Adilsaihan, and Professor Takashi Iwata from Tokushima University. WE TRAIN SPECIALIST DOCTORS IN 15 FIELDS SUCH AS NEUROLOGY, INTERNAL MEDICINE, AND SURGERY - M. Adilsaihan, Director of the Mongolia-Japan Hospital - During the six-year course to become a doctor before graduation, isn't practical training provided? What skills do you impart to specialist doctors? - Due to the focus on theoretical knowledge, practical training that meets international standards was scarce. After studying in medical school for six years and obtaining the right to treat patients, it is necessary to continue to study in depth. For example, one can specialize in fields such as pediatrics, surgery, or internal medicine. We have created the same environment for training at the Mongolia-Japan Hospital as is done in Japan. Our goal is to improve the quality of training and bring it to the same level as Japan. For example, when transferring a bedridden patient from one bed to another, you cannot just pull them. There is a technique for this. The medical standard provides detailed instructions on what to do if a patient has spinal disease, a head injury, or a postoperative wound. In a simulated environment, practitioners can practice without risking patients. Previously, 80% of cancers were diagnosed late nationwide, but now this figure is 64%. Mannequins with artificial blood, pressure, and other features are used for training. If a vein is injected incorrectly, practitioners can see what reaction occurs. These mannequins exhibit the exact symptoms. If standards are not strictly followed, each doctor and nurse will work according to their own methods, negatively affecting medical care. Standards prescribe how to deliver care in the most effective way. In our country, the healthcare sector has the most standards. One-third of all standards belong to our sector. We train specialist doctors in 15 fields such as neurology, internal medicine, and surgery. The Mongolia-Japan Hospital is the first university hospital in Mongolia, providing clinical care, training, and research. The hospital was built with the non-refundable aid of the Government of Japan, after which a management project was initiated to strengthen its operations. Currently, our hospital is operating stably and providing services that meet public expectations. Early detection of diseases offers a high chance of cure. We have also conducted screening tests initiated by the Ministry of Health. Previously, 80% of cancers were detected late nationwide, but now it has decreased to 64%. Of five people diagnosed with cancer, only one was aware of it at an early stage. Early detection allows for complete treatment of cancer, while diagnosis in the advanced third stage, requiring costly surgery, results in a treatment success rate of only around 30%. In the fourth stage, when cancer has spread, there is no possibility of treatment. Cancer is the second leading cause of death in our country. In our hospital, a patient support service, similar to those in Japanese hospitals, has been established. - Regarding the activities of this service? - Due to its connection with best practices, this service has been introduced in other major hospitals nationwide. Previously, only doctors dealt directly with patients, but now this service provides counseling from the time a patient comes for admission. It advises on necessary tests, what to wear during hospitalization, and how to prepare. After admission, it checks what the patient ate and attends to their psychological needs. On discharge, patients also receive guidance. Imagine a patient has an amputation. This is a traumatic event. After discharge, they need to know where to receive social services, whether to contact the district or community social worker, and how to get a prosthetic limb. People are not regularly hospitalized, so they are unaware of these procedures. Professional advice is crucial for discussing and resolving these issues. To lift and support a sick person, both the nurse and the doctor work together with equal participation. - Do private hospitals offer such services? - In reference and higher-level hospitals, this service has been established and is now available in almost all hospitals. Furthermore, our hospital has implemented the organization and structure of Japanese hospitals and has appointed the first Deputy Director for Nursing in Mongolia. Now, all reference and higher-level hospitals in the country have a Director for Nursing. For the first time, nursing services have been brought to the decision-making level. Previously, nursing teams were not involved in decision-making. In the healthcare sector, nurses were often considered subordinates to doctors. However, in developed countries, the understanding of nursing as just an auxiliary role to doctors no longer exists. - Is that what we think as well? - That is not the case. To lift and support a sick person, both the nurse and the doctor work together with equal participation, resulting in successful treatment. The quality of healthcare services in Japan is high due to the advanced level of nursing care services. Our standards specify using sterile bandages after blood tests. Japanese standards require adhesive bandages with a disinfectant that prevents allergies. In our country, bandages can be sterilized with cotton or iodine. - Japanese doctors come and give lectures. Are the standards in this country significantly different from our domestic rules and regulations? - Standards represent the necessary steps and minimum requirements to perform a service. Japanese standards have reached a higher level than ours, ensuring maximum human safety. For example, after blood tests, our standard calls for covering with a sterile bandage. However, Japanese standards require an adhesive bandage with disinfectants that prevent allergies. Although there are differences, we adhere to high standards. - Is updating standards the work of the Ministry of Health? - Yes. Professional sector councils under the Ministry of Health approve standards. But some standards used in our hospital cannot be directly implemented in local hospitals. You may have noticed that all our windows are sealed and without vents. The hospital's ventilation system is automatically controlled. The outside air is disinfected, sterilized, and heated in winter before being dispersed through rooms. Special windows are present in a few rooms. Local hospitals currently lack such capabilities. Generally, health standards should be updated every four years. A training example that began on the 7th of this month includes procedures for placing a catheter in the largest jugular vein located below the collarbone. This requires experience and skill since incorrect placement can damage major veins. Almost every seriously ill patient admitted to the hospital receives a catheter in their large vein, which is used for blood transfusions and other treatments over several days. This procedure was taught by Japanese teachers to specialist doctors. It is essential for doctors to practice administering safe and correct treatments, as the failure to develop this skill can lead to dangerous trial and error. Professor Iwata of Tokushima University Professor Iwata, a surgeon experienced in digestive system transplants, arrived for about a month of work. He first came to Mongolia 15 years ago. - What lessons will you teach this time? - We are conducting three types of training courses, each lasting about a month. Training will be conducted for 200 medical specialists and nurses, as well as 60 instructor teachers. After attending this training, the instructor teachers will independently teach the lessons. The training will cover extracting samples from veins using mannequins, practicing sutures, and placing catheters in central veins under ultrasound guidance. Previously, I have met with Mongolian specialist doctors. They appeared very dedicated and eager to learn. We have planned the next training session for April. - You perform liver transplants. Liver cirrhosis and cancer are prevalent among men and women in our country. What is the situation like in Japan? - Liver disease is also common in our country. However, liver transplant surgeries are most advanced in the U.S. Organ transplantation is heavily influenced by donor-related issues, which are governed by legal regulations in Japan. The "Project to Strengthen the Management of Mongolia-Japan Hospital and Training Activities for Medical Professionals" will continue until mid-2027. The goal of this project is to develop the best training model at the Mongolia-Japan Hospital and subsequently introduce it to other hospitals nationwide.

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Health

9th and 10th Cases of Measles Confirmed in Laboratory

Published: 2025-03-10 | Translated from: ikon.mn

The 9th and 10th cases of measles have been confirmed by laboratory tests. These confirmed cases were found through surveillance studies to be among children who had not participated in the scheduled immunizations against measles. Parents and guardians are advised to take responsibility for their children's health by ensuring they fully participate in the scheduled measles vaccinations. If they have missed vaccinations, it is recommended to visit the community or district health center for catch-up immunization and cooperate with the health services. The previous five cases of measles were related to travel to Vietnam and other countries. The vaccination records of children born since 2018 can be checked through the E-Mongolia system. Additionally, parents are encouraged to review their child's pink health notebook, and if any vaccinations have been missed, to ensure their children receive the catch-up immunization. Warning: Media organizations (Television, Radio, Social, and Web pages) must cite their source (ikon.mn) when using our information in any form, fully or partially.

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G.Uugantsetseg Demands 1 Billion Tugrik Compensation for Families of Those Who Died from Compressed Fuel Fumes

Published: 2025-03-10 | Translated from: ikon.mn

G.Uugantsetseg has demanded that the government provide one billion tugrik compensation to the families of citizens who died from carbon monoxide poisoning due to compressed fuel. Since 2018, families have been demanding compensation from the government due to deaths caused by carbon monoxide poisoning from compressed fuel. Doctor G.Uugantsetseg stated, "As a doctor, I have been researching air pollution issues for the past two years. As a citizen, I have learned a lot about this issue. First and foremost, our country lacks an air quality standard. To illustrate this, the working group for indoor air quality standards has been formed for the fifth time but has not yet approved the standard. Similarly, while outdoor air quality standards monitor six main indices, they do not measure volatile organic compounds due to the lack of an official laboratory. Since 2018, we have been using compressed fuel. However, the binder substance used in the compressed fuel has no standards. Experts highlighted this at the recent air pollution hearing. Due to the lack of initial standards, distinguishing whether the compressed fuel is toxic or not is impossible. In fact, since 2018, we don't know if we have been burning poison and suffering from it. In our country, we only treat acute carbon monoxide poisoning, but we are chronically exposed to carbon monoxide from the time we leave in the morning until we return home at night. We need a standard for treating chronic poisoning. Therefore, today, I am filing a complaint against the government. "The binder has no standards, so it's impossible to know whether the compressed fuel is toxic or not," she added. Regarding legal action, "Citizens must first file a complaint with the relevant organization before approaching the administrative court. The organization must respond within 30 days, and further action will depend on their reply. Therefore, if the state produces compressed fuel, the government must be held accountable. Our complaint consists of two main demands: firstly, to draft and approve the aforementioned standards by July 1st, 2025, and secondly, to demand an apology for the citizens who died due to carbon monoxide and compensation of one billion tugriks to their families." Notice: Media organizations (Television, Radio, Social media, and Websites) must cite the source (ikon.mn) when using our information in any form, either fully or partially.

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Arts

During the President's State Visit to the Czech Republic, the "Chinggis Khaan" Exhibition Will Be Opened

Published: 2025-03-10 | Translated from: gogo.mn

Mongolian President U. Khurelsukh is making a state visit to the Czech Republic at the invitation of Czech President Petr Pavel. This year marks the 75th anniversary of the establishment of diplomatic relations between Mongolia and the Czech Republic, and during the visit, under the patronage of the two Presidents, the international "Chinggis Khaan" exhibition will be opened at the exhibition hall of the "Historical Building" in the capital city of Prague. The exhibition, organized in collaboration between the "Chinggis Khaan" National Museum and the Czech National Museum, will be on display from March 10 until June 22 of the coming year. The exhibition will feature a total of 698 artifacts from 170 collections from the "Chinggis Khaan" National Museum in Mongolia and the Institute of Archaeology of the Academy of Sciences of Mongolia. The "Chinggis Khaan" National Museum has prepared special containers with special disinfection and acid-free packaging tailored to each exhibit item, which were custom-made in South Korea. The exhibits are covered by international insurance until their return to the museum, and they have been transported in accordance with Mongolia's "Regulations on the Transportation of Cultural Heritage" under the supervision of customs, police, and intelligence authorities. Last June in Ulaanbaatar, the director of the "Chinggis Khaan" National Museum, academician S. Chuluun, and the general director of the Czech National Museum, Michal Lukeš, signed an agreement to cooperate on organizing the exhibition and involving items in the exhibition, making this event a reality.

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During the President's State Visit to the Czech Republic, the "Chinggis Khaan" Exhibition Will Be Opened

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