Mr. James Anderson, Country Manager for Mongolia, East Asia and Pacific from The World Bank, commented on the GDP growth of Mongolia by noting, “When Oyu Tolgoi Phase II development starts contributing to the economy, it will have some spillover effects on the overall economy.”
English
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AmCham Hosts Meeting with the Senior Representatives from Leading International Financial Institutions in Mongolia
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Mongolia to transport to third countries
The Cabinet held its meeting today (June 14) and discussed the proposal submitted my M.Zorigt, Minister of Road and Transportation on launching new transportation gateway.
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Asia-Europe finance ministers, international organizations met in Ulaanbaatar
At the end of Asia Europe Finance Ministers’ meeting, member nations adopted a communiqué in accordance with the discussed agenda and the closed the meeting with Mongolia announcing Bulgaria as the next host country for 13th Asia Europe Finance Ministers’ Meeting.
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Ballot papers to be printed next week
According to the Law on Elections, names of the parties and coalitions shall be listed in accordance with their registration at the State Supreme Court and candidates from parties running in coalition shall be listed in accordance with the registration as well.
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Mongolians to have nine day vacation during the Naadam
As July 9, 10, 16 and 17 are the weekend days, Mongolians shall be having nine day long vacation starting from July 8 and to get back to work on July 18.
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Asia-Europe Finance Minister’s Meeting
The ASEM finance ministers and international development policy leaders are expected to have free-flowing discussions on fiscal and monetary policies, and initiate bilateral meetings in order to boost regional economic growth and to structure reforms to policy frameworks.
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ASEM Office briefed foreign embassies on Summit preparations
The plenary sessions of the Summit will be held at Shangri-La Hotel, where a total of 55 rooms have been prepared for office use, as well as for press conferences.
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Oyu Tolgoi signs major contract for underground mine development
Jacobs will be responsible for the materials handling systems for the underground mine and associated surface and underground infrastructure. The project is expected to be delivered over a five to seven-year period.
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BoM issues 1-week bills
BoM issues 1 week bills worth MNT 97 billion at a weighted interest rate of 10.5 percent per annum
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Noyon mountain dispute returned to the primary court
The “Save the Noyon mountain” movement applied to the administration court of UB city to suspend the licenses issued to the Centerra Gold which had planned to mine Noyon mountain, located in the territory of Mandal soum of ZSelenge province.
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Gobi presents cashmere to conquer the world
The Mongolian Brand “Gobi” announced today the launch of the largest product line: coats
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Hotels ready to receive ASEM delegations
Official hotel bookings have been made with three downtown hotels, including Shangri-La, Blue Sky, and Best Western Premiere Tuushin: 280 delegates of 24 countries have made their hotel bookings with Shangri-La, 180 delegates of 7 countries are booked with Blue Sky Hotel, and 190 delegates from 16 countries booked at the Best Western Premiere Tuushin Hotel.
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Iran’s interest to buy two hump camels from Mongolia
The State Secretary of the Ministry of Food and Agriculture N.Ariunbold received Ibrahim Rahimpur, deputy Foreign Minister of Islamic Republic of Iran.
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M.Zorigt: transit transportation of Ulaan-Ede-Ulaanbaatar-Tianjin to start from August
Minister M.Zorigt had provided some insights of the meeting.
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General Election Committee refuses to register some candidates
Political parties and coalitions finalized the list of the candidates on May 27 and submitted the list on May 30 to the Committee.
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Preparations for ASEM11 continuing as scheduled
First and foremost, the priority attention was given to the improvement of the facilities at the Chinggis Khaan International Airport, the gateway to Mongolia where the visitors will form their first impression of the country
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John Kerry to visit Mongolia
The Secretary of State shall held official meeting with L.Purevsuren
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Registration of candidates for the Parliament launched
A Working Group is formed to received and review the documents submitted by the independent candidates and candidates running from parties, coalitions for 2016 Parliamentary elections.
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OSCE observers at General Election Committee
The observers are expected to oversee the preparations of elections and voting process in accordance with the Law on Elections ratified by the Parliament last year.
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BoM holds FX auction
On the May 26th, 2016, commercial banks bid for USD21.7 million of MNT swap agreement and asked for USD25 million of USD swap agreement. The BOM accepted both offers.

















