South Korea is seeking to strengthen cooperation with mineral-rich Mongolia, to lessen its reliance on China.
South Korean Foreign Minister Park Jin visited Mongolia 28-30 August, and met his Mongolian counterpart B.Battsetseg. During Park’s visit, the two nations agreed to actively
Today (31 August), Mongolian Cabinet held regular meeting with new structures and new Ministers. Ch.Khurelbaatar, Minister of Economy and Development announced the latest decisions of the Government.
The Government is on a path of tighter monetary policy aimed at bringing inflation, now running
The Mongolian Copper Corporation (MCC) announced Wednesday it received a payment of USD 153.5 million from the Mongolian government for the Erdenet and Monros mines.
The payment stems from a longstanding dispute surrounding the 49% ownership of the Erdenet and Monros mines, which
Australian mining giant Rio Tinto has moved to take full control of Canadian copper miner Turquoise Hill in a deal worth USD 4.85 billion, solidifying its grip on one of the largest known copper and gold deposits in the world.
Ambassador of the European Union to Mongolia Axelle Nicaise and Minister of Finance B. Javhlan reinforced the partnership between the European Union and Mongolia, EU delegation to Mongolia.
They signed a document that supports the government policies in the fields of
Golomt Bank, a major player in the social and economic sector of Mongolia, has joined the PCI Security Standards Council /PCI SSC/ as a new participating organization. Thus, Golomt Bank will work with the PCI to help secure payment data
China’s Foreign Minister Wang Yi signed signed major energy agreements, including a pledge to advance the Erdeneburen hydroelectric power plant during a two-day state visit to Mongolia in early this month. This was Wang’s fourth official visit to Mongolia since he
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