Livestock Raw Materials Traceability System handed over to Ministry of Agriculture
State Secretary of the Ministry of Food, Agriculture and Light Industry T.Jambaltseren received the Livestock Raw Material Traceability System developed by the Swiss Agency for Development and Cooperation together with relevant documents and databases.
Medicinal plants are possible to be exported to India
Mongolia is possible to export products including medicinal plants and sea buckthorn to India.
Deputy Agriculture Minister works in Bangladesh
Deputy Minister of Food, Agriculture and Light Industry G.Batsuuri visited an expo organized by the Ministry of Agriculture, Ministry of Food, and Ministry of Fisheries and Livestock of Bangladesh to get acquainted with the country’s agricultural technologies, products, and services.
Global Money Week 2022 in Mongolia launched
‘Global Money Week’ campaign, being organized by OECD International Network on Financial Education, was launched for the 10th year in Mongolia on March 14.
Deputy Agriculture Minister addresses 36th FAO Asia and Pacific Regional Conference
Deputy Minister of Food, Agriculture and Light Industry G.Batsuuri took part in the 36th Regional Conference for Asia and the Pacific of the United Nations Food and Agriculture Organization (FAO) held on March 8-11.
‘Green Investment Project Portfolio Identification’ launched
The Ministry of Economy and Development has launched a Technical Cooperation Project with the European Bank for Reconstruction and Development (EBRD) to identify a green investment projects portfolio.
Views exchanged on projects to be implemented with ADB funding
Minister of Finance B. Javkhlan held a meeting with Director General of ADB’s East Asia Department Teresa Kho, ADB Country Director for Mongolia Pavit Ramachandran and others on March 10.
Delegation led by Mining Minister visits St Petersburg International Mercantile Exchange
Minister of Mining and Heavy Industry G.Yondon, MP J.Bat-Erdene and representatives of the Ministry of Mining and Heavy Industry visited the St Petersburg International Mercantile Exchange (SPIMEX) in Moscow, Russia on March 9.
Economic recovery objectives to be discussed ahead of Mongolian Economic Forum
A meeting of the governing board of the Mongolian Economic Forum NGO was held on March 4.
Ulaanbaatar-Moscow and Irkutsk flights indefinitely suspended
The Ministry of Road and Transport Development reported that the Russian airline, ‘Aeroflot’, has halted its flights en route Moscow - Ulaanbaatar for an indefinite period.
Working group established on amending the Law on Investment
The Government of Mongolia recently made the decision to establish the Foreign Investment Agency. By establishing the agency, policy and planning as well as investors will be connected with large-scale construction projects and other sectors.
Law on virtual asset service provider enters into force
he Law on Virtual Asset Service Provider and accompanying laws (adopted on 17 December 2021) were published in №6 of the Government Information bulletin on 14 February 2022.
‘Beneficiaries of camel milk value chain’ workshop organized
UN FAO organized ‘Beneficiaries of camel milk value chain’ workshop in Khanbodg soum of Umnugobi aimag in the framework of European Union funded ‘SDG-Aligned Budgeting to Transform Employment in Mongolia’ project.
Next phase of TRAM project to be implemented
The EU delegates led by the EU International Partnerships Acting Director for Asia Jean-Louis Ville are visiting Mongolia these days
Mongolia-EU development cooperation working group convenes
On March 2, the second meeting of Mongolia-EU development cooperation working group took place as a parallel event of the Mongolia-EU Cooperation Committee.
Financial Stability Council holds irregular meeting
On February 28, an irregular meeting of the Financial Stability Council took place. During the meeting, Head of the Macroeconomic Policy Division of the Economic Policy Department at the Ministry of Finance J.Ganbayar, Director General of the Monetary Policy Department of the Bank of Mongolia B.Bayardavaa, and Director General of the Payment Systems Department of the Bank of Mongolia E.Anar made presentations on the impact of the Russia-Ukraine crisis on Mongolia’s economy, the country’s economic outlook and some possible measures, and the financial sanctions that have been imposed on Russia.
Discussion takes place on impact of external factors on Mongolia’s economy
On February 28, the Business Council of Mongolia (BCM) organized its monthly meeting under the theme, ‘Economic Prospects of Mongolia and External Factors’, discussing the current state of the domestic and international economy.
BoM purchases 795.3 kg of precious metal
In February, the gold purchase of the Bank of Mongolia (BoM) was 795.3 kg, raising the BoM’s total precious metal purchase of 2022 to 2.4 tons.
AmCham hosts a roundtable on direct flights to the United States
The American Chamber of Commerce in Mongolia (AmCham) organized the Roundtable on Launching Direct Flights to the United States on February 24, 2022.