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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.

Farmers worried about fuel price rise

About 800 representatives of the sector attended a conference of agriculture workers in Darkhan-Uul aimag on April 9. Minister for Food, Agriculture and Light Industry T.Badamjunai opened the conference and described how the sector has been restructured since 2007 when

Kh.Temuujin: Law on advocates needs updating

MP Kh.Temuujin answers our reporter’s questions on a discussion on April 8 on a draft law on advocacy.What is the need to amend the present law?Several of its provisions need to be brought up to date. The ways of the

Foreign Minister visits UAE

Minister for Foreign Affairs G.Zandanshatar paid a working visit to the UAE on April 5 and 6 after taking part in the first general assembly of the International Renewable Energy Agency on April 4 and 5 in Abu Dhabi. He

Finance Minister receives EBRD President

The President of the European Bank for Reconstruction and Development (EBRD), Thomas Mirow, called on Minister for Finance S.Bayartsogt on April 8. Mirow was in the country on the Minister’s invitation. Bayartsogt thanked the EBRD for its help to Mongolian

Trilateral agreement to revise pension system signed

The Ministry of Social Welfare and Labor, the Confederation of Employers’ Unions and the Confederation of Trade Unions have signed a memorandum on introducing reforms in the pension system. The major areas covered under the trilateral agreement are: studying different

Wind farm to be built near Sainshand

The Energy Regulatory Authority has granted special permission to Sainshand Wind Farm LLC to set up a wind farm at a place 15 km away from Sainshand, the center of Dorngobi aimag. The farm will have a 52-mw capacity and

Mining at Oyuolgoi to begin in August 2012

Oyuolgoi LLC is expected to begin production in its copper-gold mine in August 2012, ahead of schedule, according to T. Ganzorig, Deputy Chief of Erdenes MGL which partners with Ivanhoe Mines and Rio Tinto in developing the site. Ganzorig told

Private sector dominates list of Top 100 companies

Companies in the private sector dominate the recently published 10th annual list of the top 100 businesses in Mongolia, compiled jointly by the Mongolian National Chamber of Commerce and Industry and the Mongolian Government. Ranking is determined by revenue, employment,

Party leaders pledge not to compete in offering cash allowances

Leaders of political parties today signed a pledge that they will not compete with one another in promising cash allowances during next year’s local and parliamentary elections. The memorandum of understanding they signed at a meeting in Government House also

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