When World Bank senior economist Rogier van den Brink spoke with our correspondent in September, he warned that, despite robust growth, the Mongolian economy still faced risks. He recently spoke with our correspondent again, after his arrival in Mongolia for

A conference for workers in the trade sector began in the Government House on Thursday, with more than 800 delegates from aimags and Ulaanbaatar taking part. They are discussing problems facing the trade sector, possible solutions, and future goals. Delegates

The Government is discussing power supply issues at the Oyutolgoi deposit mine, where plans to build a new power plant still await the Government’s approval.According to the Oyutolgoi investment agreement, power is to be imported from China until the new

On Thursday, acting on the president’s nominations, Parliament officially appointed Colonel N.Ganbold, a former emissary from Mongolia to Russia, to be the new Anti-Corruption Authority (ACA) chief, and B.Khurts, the Administration Chief at the National Security Council, to be ACA

The Mongolian Art Council, the Mongolia-French Center, the Goethe Institute of Germany, and the NGO “Globe International” are holding the second annual European Union film festival in Ulaanbaatar from November 23 to 27. Organizers discussed the festival at the Ministry

Oyutolgoi LLC is planning to hold a meeting of its Representative Managing Council in early December to discuss the mining project’s results for 2011 and its plans for 2012.Rio Tinto has been managing the Oyutolgoi project since December 2010. The

A two-day meeting was held in Ulaanbaatar this week to discuss ways to improve animal husbandry and agriculture in the aimags. Representatives of Uvurkhangai, Dundgobi, Umnugobi, Arkhangai, Bayankhongor, Zavkhan, and Gobi-Altai aimags took part in the meeting.Delegates were told that

The Standing Committee on Economics discussed railroad transportation issues on Thursday.Members received an update on the Ulaanbaatar Railway, a joint Mongolia-Russia venture with an annual capacity to transport 21 million tons of freight. In 2011 it is projected to carry

At the Government meeting on Wednesday, Road, Transportation and Urban Development Minister Kh.Battulga discussed implementation of the “New Railway” project and the required financing.Members asked the Representative Managing Council of the Development Bank to finance the project, taking into account

At the Government meeting on Wednesday, members decided to submit nominees for ambassadorships to the president.The nominees are: O.Davaasambuu to the post of ambassador extraordinary and plenipotentiary to the Republic of Cuba; S.Bayaraa to the Republic of India; S.Khurelbaatar to