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Spanish activist against death penalty meets Elbegdorj

Rafael
Valle Garagorri, head of the Spanish Commission against Capital Punishment,
yesterday called on President Ts.Elbegdorj who has already declared a
moratorium on the death penalty in Mongolia and wants to make it illegal. The
President and his representatives have attended several international meetings

XacBank upgrades technology covering all branches

XacBank has upgraded the technology
used in all branches, accounting centers, and extensions. This will save
customers’ time, make monitoring of transactions easier and quicker, expedite
service, and ensure the same quality of work at all the branches of the bank.

Animal sterilization program to be over by June 15

The
Government has allocated MNT 756.6 million for sterilization of animals. The
National Emergency Commission met yesterday to review measures being followed
to ensure that there is no further loss of animals, after 8.1 million of them died
in the dzud. The livestock census

Mongolia has the “potential to become a regional financial hub”

On his return from a visit to
Germany to study the operation of the Frankfurt Stock Exchanges and the legal
environment regulating the capital markets in Germany, Ch.Otgochuluu, advisor
to the President, has told The Mongolian Mining
Journal that at present not many Mongolian
owners

Association of Mongolian Banks retains President, Executive Director

The Fifth Annual General Meeting of
the Association of Mongolian Banks held last month re-elected  B. Medree as President and M. Bold as
Executive Director for another year. The President’s report detailed how the
Association had been focusing on policy issues such as

Indian and Mongolian Speakers to exchange visits

The new Ambassador of India,  Satbir Singh, paid a courtesy call on
Parliament Speaker D.Demberel  earlier
this week and their discussions noted the  
“important role” parliamentary 
ties between have played in developing bilateral relationship.

The
Speaker’s hope that Ambassador Singh “will be making all efforts

Urgent measures to bring meat prices down

The Government meeting
yesterday instructed Food, Agriculture and Light Industry Minister T.Badamjunai
to take urgent measures to check the rise in meat price. For a start, he is
expected to arrange for increased supply of meat from Khentii, Dornod and
Sukhbaatar aimags. He is

Wen wants feasibility study on free trade area to begin

During his talks with Mongolian
Prime Minister S.Batbold, Chinese Premier Wen Jiabao called for a feasibility
study on a China-Mongolia free trade area, and the adoption of trade and
economic cooperation in the development of mineral and energy resources. Wen, a
former geologist, held

Erenhot bustling with business as China-Mongolia trade takes off

Compared with any port along the prosperous east coast of
China, trade figures at the land port of Erenhot, a small Gobi town on the
China-Mongolia border, are meager. However, about 800 cars, 200 trucks, six
trains and 4,000 traders cross the border

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