Global brands and manufacturers show interest in Mongolian cashmere
Large scale international brands, such as Gucci, H&M and UNIQLO, have expressed their readiness to partner if cashmere is prepared in an environmentally friendly and sustainable way in Mongolia.
Online system for budget investment launches
The Ministry of Finance in collaboration with the World Bank developed an online system for state budget investment management. The system is available on publicinvestment.gov.mn website and smartphone app.
21.6 million livestock offspring being cared nationwide
The Ministry of Food, Agriculture and Light Industry reported that there have been around 21.6 million livestock offspring nationwide.
Mongolia-Singapore Business Forum held
Singapore-Mongolia Business Forum was successfully held in the Republic of Singapore during Foreign Minister’s visit to the country on June 5-8. Over 140 delegates of public and private sector of the two countries participated in the forum organized jointly by the Ministry of Foreign Affairs, National Chamber of Commerce and Industry, Business Council of Mongolia and Singapore Business Association.
Permanent Representative chairs regular session of WTO TRIPS Council
Mongolian Ambassador to the Swiss Confederation and Permanent Representative to the United Nations and other international organizations L.Purevsuren chaired a regular session of the World Trade Organization's (WTO) Council for Trade-Related Aspects of Intellectual Property Rights (TRIPS Council), one of the three WTO subsidiary councils, held on June 6.
Ambassador L.Purevsuren meets UNCTAD Secretary-General
On June 4, L.Purevsuren, Mongolian Ambassador to the Swiss Confederation and Permanent Representative to the United Nations and other international organizations in Geneva met with Mukhisa Kituyi, Secretary-General of the United Nations Conference on Trade and Development (UNCTAD).
Agriculture Minister pays official visit to China
Delegation led by Minister of Food, Agriculture and Light Industry Ch.Ulaan paid official visit to the People’s Republic of China on June 3-4.
Ticket prices of flights to western aimags to be reduced by 30-50 percent
Minister of Road and Transport Development B.Enkh-Amgalan reported yesterday that flight tickets to western five aimags are possibly to be reduced by 30-50 percent.
Spring sowing running at 82.5 percent
As of June 4, sowing has been made to 322.6 thousand hectares in total??, of which wheat in 303.4 thousand hectares, potatoes in 11.6 thousand hectares, vegetables in 4.3 thousand hectares, fodder plants in 15.7 thousand hectares and oil plants in 36.3 thousand hectares.
Apartments to be leased to citizens
On June 5, the Cabinet made a decision to give 1542-household apartments built in Ulaanbaatar city, Orkhon, Khuvsgul and Gobi-Altai aimags under the rental apartment funds and lease them to citizens according to relevant regulations.
‘Transit Mongolia 2019’ international forum kicks off
‘Transit Mongolia 2019’ international forum organized jointly by the Government of Mongolia, Ministry of Road and Transport Development and Ulaanbaatar Railway JVC started today on June 5.
World Competitiveness Ranking 2019 introduced
On June 3, Economic Policy and Competitiveness Research Center introduced IMD World Competitiveness ranking 2019.
Mongolia-Poland business forum to take place
On June 3, Chairman of the Mongolian National Chamber of Commerce and Industry (MNCCI) O.Amartuvshin met with Ambassador of the Republic of Poland to Mongolia Krzysztof Bojko.
Mongolia-Kazakhstan business meeting taking place
Mongolia-Kazakhstan business meeting started today at Blue Sky hotel.
Business forum for national entrepreneurs organized in Korea
The Ministry of Food, Agriculture and Light Industry organized event titled ‘Role of Mongolian expats in Korea in SME development’ on May 24-28. Over 40 entities participated in ‘Made in Mongolia 2019’ trade fair, selling MNT 19.8 million worth products.
Deputy Agriculture Minister works in France
Delegates led by Deputy Minister of Food, Agriculture and Light Industry J.Saule paid working visit to the French Republic on May 23-30.
Possibilities of increasing Mongolian export to the EU market discussed
On May 29, Authorities of the Mongolian National Chamber of Commerce and Industry (MNCCI) held a meeting with Ambassadors of the EU member countries to Mongolia, exchanging views on possibilities of developing trade and economic ties.
Program on Heavy Industry Development approved
At its regular meeting on May 29, the Cabinet approved the Program on Heavy Industry Development.
Facilities built in Zamyn-Uud to be put into operation
A project on Zamyn-Uud infrastructure improvement started being implemented with Chinese soft loan from 2011.
World Bank: Mongolia's Central Economic Corridor remains underutilized
Mongolia’s Central Economic Corridor (CEC), the key transportation network connecting China and Russia through Ulaanbaatar, offers promising opportunities to bring Mongolian agricultural products to world markets and to diversify the country’s exports away from mining resources. Still, according to a new World Bank report, the CEC remains underutilized and underdeveloped.
Yolanda Fernandez Lommen: Current ADB Country Partnership Strategy for Mongolia is the largest allocation of ADB funding since we started operations in the country