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Green Wall projects plants trees in Gobi Desert

For the Green Wall project in the Gobi Desert saxaul trees have been planted across 350 hectares to alleviate desertification. The project, backed by the Government of the Republic of Korea, was launched in 2007 with the purpose of planting

Mongolian banks under pressure from state involvement

Fitch Ratings says in a new report that the Mongolian government”s credit stimulus adds pressure on banks” margins, capital, and asset quality. However, state involvement remains important to maintain confidence in the banking sector, including banks depending on the government

Oyu Tolgoi copper hold-up resolved at Chinese border

On Monday Oyu Tolgoi LLC announced that Chinese customs issued the necessary approvals for a copper concentrate shipment to proceed from the massive mine.A copper concentrate shipment from Oyu Tolgoi has been held at the Chinese border warehouse for four

Prime Minister on state visit to China

Today Prime Minister N.Altankhuyag begins a state visit to China. Prime Minister N.Altankhuyag is making an official visit on invitation of the Premier of the People”s Republic of China and party secretary of the State Council, Li Keqiang, from 22nd

President to visit North Korea

The President of Mongolia Ts.Elbegdorj is to visit the Democratic People”s Republic of Korea (DPRK) on October 27th. It will be the first state visit to the DPRK by a foreign leader since North Korean leader Kim Jong-un took the

Mongolia and Lufthansa Consulting sign MoU

The Ministry of Roads and Transportation of Mongolia signed a Memorandum of Understanding with Lufthansa Consulting on 15 October 2013 in Frankfurt, Germany. Following a strategic decision to further develop the Mongolian air transport industry, the Ministry intends to cooperate with

Session meeting scheduled in honor of Governor General of Canada

On the invitation of the President of Mongolia the Governor General of Canada David Johnston is to visit Mongolia on 25th and 26th October. Governor General Johnston is scheduled to deliver an address before the State Great Khural (Parliament) in

President of Poland arrives in Mongolia for state visit

The President of Poland Bronislaw Komorowski, who is visiting Mongolia on the invitation of President Ts.Elbegdorj, landed at Chinggis Khaan airport in Ulaanbaatar Mongolia this morning. During the state visit, President of Poland Bronislaw Komorowski will have official talks and

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