An EU-funded initiative is to support the development of the yak and camel wool trade in Mongolia, helping to improve access to international markets and the formation of partnerships with foreign companies.

A meeting of the TRAM project – Trade Related

Mongolia’s Central Economic Corridor (CEC), the key transportation network connecting China and Russia through Ulaanbaatar, offers promising opportunities to bring Mongolian agricultural products to world markets and to diversify the country’s exports away from mining resources. Still, according to a

The Asian Development Bank (ADB) has approved USD38 million in loans to develop ecotourism in the Khuvsgul Lake National Park and Onon-Balj National Park to serve as models for economically inclusive development and conservation in Mongolia.

The lending marks ADB’s first

Mongolia received agricultural machinery from China on Thursday. This is being covered by a soft loan from the Chinese government.

Chinese Ambassador to Mongolia Xing Haiming said that the machinery, provided within the framework of a project on promoting agricultural production

The official date for the start of the spring cultivation in Mongolia, was 8 May; however, in many regions, it has been delayed due to extreme weather.

As of 21 May, cultivation has taken place over a total of 182.9 thousand

The executive board of the Development Bank of Mongolia met on Monday (20 May) and dismissed CEO B.Batbayar from the job. He had been worked as the head of the Development Bank since the 2016 parliamentary election. His replacement as

Kaisun Holdings Limited and China Railway Engineering Construction Mongolia have signed an agreement for the construction of the Mongolia Choir Railway Platform. This project opens up logistic opportunities along the China, Mongolia and Russia corridor by providing full supply chain

In the first quarter of 2019, Mongolia’s Gross Domestic Product (GDP) rose to MNT 3.5 trillion and increased by MNT 279.9 billion in comparison to the 2010 figures. The growth was contributed by increases in the non-manufacturing sector by MNT