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Trade between Mongolia and China reaches USD 6.8 billion

In the first 11 months of 2020, Mongolia’s trade turnover reached USD 11.7 billion, of which USD 6.9 billion were exports and USD 4.9 billion were imports. Total foreign trade turnover decreased by USD 897.6 million (7.1%), of which exports

Mongolia writes off payments of water, heat and electricity

On Sunday 29 November, Mongolia decided to write off payments of water, heat, electricity and waste for households and organisations across the country amid the COVID-19 pandemic.

The decision came into effect from 1 December and will last until to 1

Steppe Gold plans to list on the Mongolian Stock Exchange

The Steppe Gold Company is extremely pleased to announce its plans for a secondary listing of its common shares on the Mongolian Stock Exchange.

The company has retained Ard Securities as its lead advisor and underwriter in connection with the proposed

Golomt bank and Oyu Tolgoi LLC renew cooperation agreement

Golomt Bank initiated supply chain financing products back in year 2015 and has partnered with Oyu Tolgoi LLC, the world’s largest copper concentrate miner, to support local suppliers of more than 860 organizations and specifically over 550 local contractors and

Card Game Aims to Revitalize Traditional Mongolian Script

The traditional Mongolian writing system—a vertical top-to-bottom, left-to-right alphabet—dates all the way back to the early days of the Mongol Empire. However, in the script’s homeland, official and day-to-day communications have been written in the Cyrillic script since the 1940s.

Mongolia upgrading buses with MAZ

Mongolia has received buses from the Belarusian automobile engineering company MAZ. The vehicles are designed to operate in the world’s coldest capital city. Mongolia’s climate is classed as extreme continental. Air temperatures in winter can be as low as 49C

Reducing UB air polution: eco-friendly plant opens in Nalaikh

Mongolia has put into operation its second fuel processing plant in Ulaanbaatar.
The plant, built in Nalaikh district, has an annual capacity of processing 600,000 tons of fuel.
“Reducing air pollution in Mongolian capital has been and remains one of our

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