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New Mongolian PM appoints his Cabinet

“The geopolitical situation is becoming increasingly complex. The government decided to immediately begin work and maintain the continuity of state policy. Therefore, a third of the previous government is retained,” G.Zandanshatar said.

Gobi Desert project to save critically endangered camel

Efforts are underway in the Gobi Desert to save a newly discovered species of camel from extinction. The critically endangered double-humped camel is restricted to parts of Mongolia and China and was once thought to be the same species as

Khukh Tsav cement plant to produce 2Mt/yr from 2014

A president of the Mongolian Alt Corporation (MAK) has announced that the Khukh Tsav cement plant will be able to produce 2Mt/yr of cement from 2014. At a state visit to the site by the Minister and the state secretary

Human trafficking cases increased 20 percent

The Ulaanbaatar Metropolitan Police Department monthly report states that human trafficking cases have increased by 20 percent. According to the September report the Metropolitan Police Department followed up on 49,366 civil complaints and reports. Of these civil complaints 61.2 percent

Prime Minister announces Mongolia is full of opportunity

Prime Minister of Mongolia N.Altankhuyag attended the opening ceremony for the 14th Western China International Fair as an honorary guest on October 23rd.China has launched an open policy with the intention to increase investment promotion and trade cooperation in order

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

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