The
14th conference on trade, economic, scientific and technical
cooperation between the Russian and Mongolian Governments took place in Ulaanbaatar
on Tuesday. The host team was led by First Deputy Prime Minister N.Altankhuyag who
recalled the special significance of the meeting as it is

Herders
from the countryside are settling near Uliastai bridge, Bayanzurkh and 22
Tovchoo areas in masses. Chingeltei, Khailaast and Shadivlan have turned into
livestock trading spots. More than 2,000 animals are in these places despite a
ban. The high demand for fresh meat in

The Zuun Khuree
Dashchoilin Monastery organized a Khuree Tsam Dance on July 20 to commemorate their
20th anniversary. This was the seventh time the monastery organized such
a program.  

About
how tsam came to Mongolia, old records say, “When the Buddhist religion started
to spread

At a meeting with visiting U.S. Deputy
Secretary of State of James B. Steinberg on Monday. Increases the bookmark

Prime
Minister S. Batbold said Mongolia-U.S. relations are getting stronger and the
two countries have made progress in social, political and economic sectors. He
appreciated the

Khan Bank CEO Peter
Morrow is to go back to the USA soon, on expiry of his contract in July. It is
reported that another American, Simon Morris, will replace him. Morris has long
experience of banking. He is likely to meet the

The Government has
approved the Bee Hive Program suggested by participants at the meeting in
Ulaanbaatar of Mongolians living and studying abroad, organized under the aegis
of Prime Minister S.Batbold. The program will provide detailed and up-to-date information
to those who wish to come

The government
yesterday reviewed the preparatory work so far for establishing the Sainshand industrial
complex and asked Ch.Khurelbaatar, Head of the Cabinet Secretariat, to suitably
amend the related laws and resolutions so that further progress is possible. He
was asked to create conditions so

At a special meeting
yesterday the Government took the formal decision to set up a development bank
and also adopted a set of directive principles that would govern its work. The Head
of the National Committee of Development and Reform, Ch.Khashchuluun, and the

G. Batsukh, chairman of the Oyu Tolgoi LLC executive
board, has said in an interview that he is well ware of “the high expectation
Mongolians have from him as also of the trust they repose in him”. He will try
his best to

Coal producer Peabody Energy Corp. has joined forces with
Winsway Coking Coal Holdings Ltd. to form a Mongolian joint venture. The
collaboration, Peabody-Winsway Resources, was formed after Winsway acquired a
50% interest in the joint venture from Polo Resources. Winsway is the largest
off-taker