The State Property Committee (SPC) and the New Asia Mining Group yesterday signed an agreement under the concession law granting the company build-use-transfer rights over a power plant in the Mogoin Gol mine area. This is the first such agreement

In an effort to counter prices rising because of increased taxes on Russian fuel exports, the Government yesterday decided to reduce its own import taxes. Duty on diesel will be MNT200,000 less per ton, on A-80 coming through Sukhbaatar, Zamiin-Uud,

Minister of Foreign Affairs G.Zandanshatar has said the Ministry requested Russia to upgrade operations at the Khankh-Mond border point to international standards as early as 2003. A UN Convention supports the building of more storage space and a special zone

The Standing Committee on the Economy today discussed a proposal of the Government asking for MNT110 billion to support the wool and cashmere sector, at a time when world demand for cashmere is on the rise. Some members thought any

IM B.Munguntuul finished eighth in the 10th Asian Continental Individual Championship in Mashhad, Iran that ended on May 10, with 28 Grandmasters and 11 Women Grandmasters leading the field of the Open and Women”s Championship, respectively. Munguntuul’s final tally was

M.Erdenebold followed up on winning a silver medal at the recent East Asian Sambo Wrestling Championship, by claiming two medals from US Open in New York on May 7 and 8. With some 100 athletes from 15 countries in the

The Mongolian Ambassador to Great Britain, B.Altangerel, and an embassy official, Ts.Bolor, will be present when a British court hears on Friday the appeal of B.Khurts, Chief of Administration at the National Security Council, against a February 18 order for

Losses during electricity transmission and distribution in the central region were brought down 19.4% in the one year since April, 2010. The region distributed 43.1 million kw more of energy in April, 2011 than it did in April, 2010. A

The Chamber of Civil Matters of the State Supreme Court yesterday rejected a plea from the Civil Will and Green Parties to register their alliance. The court ruled that the decisions of the special General Assemblies of both parties that

Minister for Foreign Affairs G.Zandanshatar yesterday received Japanese Ambassador T.Kidokoro at the latter’s request. In the course of exchanging views on bilateral relations and cooperation, Zandanshatar suggested an early follow-up on the intent to develop Strategic Partnership Relations, as mentioned