Over 90 projects to be presented to Turkish investors
At these meetings and forums, the Mongolian side will present to Turkish investors 94 projects of infrastructure and energy, which will be implemented on the basis of a public-private and investors’ partnership within the framework of ‘New Revival Policy’ of the Government of Mongolia.
Mongolia, Vietnam aim to increase trade turnover to USD 100 million
Last year, Mongolia exported sheep, goat meat and animal by-products worth USD 485 thousand to Vietnam, while Vietnam exported rice, soybean oil, canned nuts, dried fruits and plastic packaging worth about USD 80 million to Mongolia.
Central Bank raises its policy rate
The Bank of Mongolia will take subsequent necessary actions in a timely manner in accordance with economic recovery, inflation developments, supply-related constraints as well as the state of international relations.
Singapore-Mongolia business matching webinar held
This year, nearly 140 participants from Singapore and Mongolia attended the large-scale business webinar as a result of the annual webinars since 2020.
Mining Minister meets delegates of Russian company ‘Azot'
Minister of Mining and Heavy Industry G.Yondon received authorities of the Russian ‘Azot’ company, a supplier of nitrogen fertilizers.
Mongolia looks to finance national and global sustainable development goals through integrated SDG Financing
The workshop is being organized at a crucial time for Mongolia as the increased budget deficit and foreign debt burdens in addition to the Covid-19 pandemic and global geopolitical crises are pressuring Mongolia’s fiscal space for financing its development priorities as well as the Sustainable Development Goals (SDGs.)
BoM purchases 6 tons of precious metal
In May, the gold purchase of the Bank of Mongolia (BoM) was 2,152 kg, raising the BoM’s total precious metal purchase of 2022 to 6 tons.
Implementation of agreement established with ‘Petrochina Dachin Tamsag’ LLC to be assessed
On June 3, the working group in charge of assessing the production-sharing agreement established with ‘Petrochina Dachin Tamsag’ LLC and renewing the agreement based on corresponding legislation held a meeting. Deputy Prime Minister S.Amarsaikhan is serving as the head of the working group.
Spring sowing running at 74.7 percent
On May 31, Speaker of the State Great Khural G.Zandanshatar and Head of the Parliamentary Standing Committee on Environment, Food, and Agriculture Kh.Bolorchuluun became acquainted with the works being carried out at the Ministry of Food, Agriculture, and Light Industry.
EU, NGOs speak about sustainable consumption and production in the agri-food and beverage sector
The EU Delegation, NGOs, students, and concerned citizens gathered to discuss issues and solutions around the environmental impact of the agri-food and beverage sector during the launch of the Switching On the Green Economy Project.
Appropriate legal environment required for Mongolia’s transport and logistics sector
On May 30, the Logistics Forum-2022 was organized by Monlogistics group with the Ministry of Road and Transport Development, the Ministry of Economy and Development, and the Federation of Mongolian Freight Forwarders.
Discussion takes place on private sector participation in sustainable development through UN strategic partnership
Private entities in Mongolia tend to think of the United Nations’ operations as being limited to implementing social responsibility and financing UN projects.
Transloading terminal at Shiveekhuren border checkpoint to be put into operation in September
On May 27, Prime Minister L.Oyun-Erdene and corresponding ministers became acquainted with the operations of Shiveekhuren-Sekhee border checkpoint and the progress of the construction being carried out for a transloading terminal.
“5 million tons of coal are projected to be exported through container terminals each month”
Along with the members of the Cabinet, the Prime Minister is currently working in Umnugobi aimag. In the framework of the objective to revive the country’s border checkpoints as a part of the New Revival Policy, a ceremony took place for the launch of the construction of a terminal for container transportation yesterday on May 27.
Suu JSC presented with international award for sustainability
Suu JSC has led the ‘Gender & Economic Inclusion’ category for the European Bank for Reconstruction and Development (EBRD) Sustainability Award, becoming the recipient of the GOLD Award. Of a total of 79 projects from all over the world that were selected for the category, the Mongolian dairy company received the highest evaluation.
Types of freight allowed through Zamiin-Uud - Erlian border checkpoint increases
The types of goods and products being transported through the Zamiin-Uud - Erlian border checkpoint has increased, boosting the country’s exports.
Shiveekhuren-Sekhee border checkpoint resumes operations
Today on May 25, the Ministry of Foreign Affairs reported that the operations at the Shiveekhuren-Sekhee border checkpoint in the country’s southern region resumed operations.
Over 60 percent of SME owners made up by women
Under the auspices of the President of Mongolia, a consultative meeting was organized under the theme, ‘Business and Women’, on May 24.
TOP-100 enterprises of 2021 announced
On May 23, the Government of Mongolia and the Mongolian National Chamber of Commerce and Industry (MNCCI) co-organized the annual ceremony of ranking the TOP-100 enterprises in Mongolia.