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Industry Minister’s European tour continues in the Czech Republic


By Ch.KHALIUN Ministry of Industry D.Erdenebat conducted a state visit to the Czech Republic on November 22 and 23, where he met with Czech Industry and Trade Minister Jan Mladek. The sides underlined that the two countries have possibilities for cooperation in the industrial, energy, and infrastructure sectors. A blueprint for an Erdenet Thermal Power [...]

November 27th, 2015 | Posted in Business & Economics | Read More »

Mongolia and Italy to cooperate in value-added product manufacturing


By Ch.KHALIUN Industry Minister D.Erdenebat’s visit to Europe continued in Italy on November 21, where the Minister met with Italian Deputy Minister of Economic Development Carlo Calenda, and the sides agreed to cooperate in producing value-added products in Mongolia. Beginning the meeting, Deputy Minister Calenda thanked D.Erdenebat for visiting Italy and said that he is [...]

November 25th, 2015 | Posted in Business & Economics | Read More »

New U.S. Ambassador hopes to enhance U.S. and Mongolian commercial relationships

By G.ENEREL Jennifer Zimdahl Galt, the new U.S. Ambassador to Mongolia, gave remarks about the U.S. Embassy’s plans to enhance commercial relationships between the two countries during a welcome reception hosted by the American Chamber of Commerce in Mongolia (AmCham). AmCham organized the reception for Ambassador Galt, the newly sworn-in U.S Ambassador to Mongolia, on [...]

November 22nd, 2015 | Posted in Business & Economics | Read More »

30 million USD to be invested in Mongolia’s renewable energy sector


By Ch.KHALIUN A Mongolian delegation led by State Secretary of the Ministry of Energy D.Delgertsogt attended the Scaling Up Renewable Energy in Low Income Countries Program (SREP) Sub-Committee Meeting, held on November 11 in Washington, D.C., where it was decided that 30 million USD would be granted for supporting renewable energy in Mongolia. Mongolia and [...]

November 22nd, 2015 | Posted in Business & Economics | Read More »

Mongolia and Germany to advance the industrial sector and economic cooperation


By Ch.KHALIUN From November 15 to 17, Minister of Industry D.Erdenebat visited Germany to enhance cooperation in the industrial  sector and economic collaboration and relations between Mongolia and Germany. The main objective of the Minister’s visit was to promote Mongolia’s industrial sector and to introduce German equipment and technology to Mongolia. Beginning his visit, the Minister [...]

November 20th, 2015 | Posted in Business & Economics | Read More »

Mongolia starts monitoring groundwater in Gobi regions


By Ch.KHALIUN On Saturday, the opening ceremony for a groundwater monitoring network project based at the Shivee-Ovoo coal mine was held in Govisumber Province. The main objective of the project is to monitor groundwater reserves in Mongolia’s Gobi regions. The Ministry of Environment, Green Development, and Tourism (MEGDT) began the project in 2014 to support [...]

November 18th, 2015 | Posted in Business & Economics | Read More »

ADB approves a 15 million USD loan to improve Mongolia’s food safety

Mongolian farmer inspects crop

By Ch.KHALIUN Asian Development Bank (ADB) has approved the issuing of a 15 million USD loan to support Mongolia’s efforts to continue strengthening food safety and animal and plant health standards to help increase agricultural and food exports to neighboring countries. “The country has an estimated 52 million head of livestock, which are a key [...]

November 18th, 2015 | Posted in Business & Economics,Онцлох мэдээлэл | Read More »

Mongolia to start exporting heat-treated meat products to China


By Ch.KHALIUN The Ministry of Food and Agriculture reports that Mongolia is now able to export heat-treated beef, mutton, goat, and other meat products to China. During the state visit of President Ts.Elbegdorj to China, held from November 9 to 11, State Secretary of the Ministry of Food and Agriculture N.Ariunbold and Chinese officials signed [...]

November 16th, 2015 | Posted in Business & Economics | Read More »

Director of Liberty Partners Ch.Ganbat wanted by Interpol


By CH.KHALIUN The International Criminal Police Organization (Interpol) is in pursuit of Mongolian citizen Ch.Ganbat, who is wanted by the judicial authorities of Mongolia and accused of money laundering and appropriation of property by fraud. Ch.Ganbat served as an advisor to the former Minister of Roads, Transportation, Construction and Urban Development, Kh.Battulga. Ganbat, current director [...]

November 12th, 2015 | Posted in breaking news,Business & Economics | Read More »

State officials say fuel prices will not increase


By CH.KHALIUN Head of the Petroleum Authority of Mongolia (PAM) G.Ulziiburen reported that fuel prices will not see any increase, following a government proposal on raising excise taxes on fuel. G.Ulziiburen commented, “Information about a fuel price increase was spread among the public without any basis. Due to drops in the prices of fuel in [...]

November 11th, 2015 | Posted in Business & Economics | Read More »

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