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Spring session ends on July 1

The Spring session of
Parliament will end on July 1, the date fixed in the new law on Parliament. MPs
are working to a tight schedule as several important law drafts have to be
taken up in the remaining time.

NATO delegates on a visit

A NATO delegation is
now on a visit to Mongolia and has called on President Ts.Elbegdorj, who is
also the Commander-General of the Armed Forces. The team is scheduled to visit the
Ministry of Defense and the headquarters of the Armed Forces.

17 steam boilers to be decommissioned

Mayor G.Munkhbayar
and Minister of Environment, Nature and Tourism L.Gansukh yesterday decided to stop
the use of steam boilers for heating after a visit to Tsagaan Davaa and Tsagdaa
micro districts. They saw how much coal is burnt to run such boilers and
decided

Deputy PM Enkhbold calls on Thai Prime Minister

Deputy Prime Minister M.Enkhbold, who was in Bangkok to
take part in the 67th Session of the UN Economic and Social Commission for Asia
and the Pacific, called on the Thai Prime Minister, Abhisit Vejjajiva, to
exchange views on bilateral relations and cooperation.

Russia has not supplied agreed amount of diesel

Minister for Mineral Resources and Energy D.Zorigt told
the Government meeting yesterday that Russia has not supplied the agreed amount
of fuel and accordingly there is a deficit of diesel in the country. The
Government has decided to release diesel from the state

DHL launches Mongolia-China door-to-door service

DHL has launched a new rail service
– the Genghis Khan Connection – a scheduled tri-weekly cross-border rail
solution available during the high season from April to October linking
Ulaanbaatar, Mongolia by rail to Tianjin, China and out to the rest of the
world.

Anod Bank matter transferred to prosecutors

All investigation
into charges against Anod Bank directors causing financial loss to 1,200 people
by selling them counterfeit shares has been concluded and the matter was
transferred to Ulaanbaatar Prosecutors Office on May 24. The former Executive
Director of the Bank, L.Ulambayar, is free

Mongol Bank President attends EBRD annual meeting

The President of the Mongol Bank, L.Purevdorj, took part
in the annual meeting of the European Bank for Reconstruction and Development
in Astana on May 20 and 21. He and other officials of the Mongol Bank would
call a press conference to give

Standing Committee approves bonds sale for MNT300 billion

The Standing
Committee on the Economy yesterday approved a Government proposal to issue
bonds worth MNT300 billion with a five-year maturity period. MNT100 billion will
go to the cashmere sector, MNT50 billion to lamb and camel wool factories and
to pay incentives to herders

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