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New air route between Mongolia and China

The Mongolian national airline MIAT is planning flights to the Chinese cities of Chengdu and Guangzhou. The Minister of Road and Transport Development J.Bat-Erdene emphasised that this represents a big step forward expanding tourism, investment and the business sectors.

Mongolian authorities and IMF team reach staff-level agreement

An International Monetary Fund (IMF) staff team led by Mr. Geoff Gottlieb visited Ulaanbaatar from January 24 to February 6, to conduct discussions on the third review of the three-year Extended Fund Facility (EFF) arrangement approved on May 24, 2017, in an amount equivalent to about USD 434.3 million.

Ankara attacks Mongolia’s ‘Turkish’ schools

Turkey has been pursuing a world-wide campaign to shut down schools linked to exiled Turkish cleric Fetullah Gulen. To date, around 1,000 private schools linked to his organisation have been closed.