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Mongolia launches project to strengthen response to COVID-19

On Friday, Mongolia launched a project to strengthen its response to the COVID-19 pandemic in cooperation with the European Union (EU) and the World Health Organization (WHO). The project dubbed “Mongolia’s response to the COVID-19 pandemic” will last three years,

More Korean language centres to be established in Erdenet

Named after the inventor of Hangul the Korean script, the King Sejong Institute has big plans for Mongolia. The organisation plans to expand its project to promote the Korean language and culture in Mongolia on the 30th anniversary of the

Mongolia closes two border crossings with Russia

Later today (30 October), the  Mongolian Government decided to close two border crossings with Russia for 21 days after two truck drivers were confirmed having coronavirus. The border crossings namely; Tsagaan Nuur and Borshoo have been open for the transportation

Mongolian Bank prepares crypto and digital offerings

Asian banks are edging yet closer to crypto and digital currency adoption – with Mongolian and South Korea banks unveiling ambitious new developments in the wake of reports of the launch of Singaporean giant DBS’ forthcoming digital asset exchange.

Although DBS

Mongolia to lower tariffs on products to South Korea

South Korea and Mongolia will lower tariffs on some products starting next year. This comes after Ulaanbaatar joined a regional trade pact known as the Asia-Pacific Trade Agreement (APTA), Seoul’s Finance Ministry said.

Under the deal, South Korea will reduce tariffs

Airbus provides communication technology to Mongolian Government

Airbus has come together with a local partner Vertexmon to provide a complete Tetra digital radio communication solution to the Mongolian capital of Ulaanbaatar.

The Tetra system will replace the current analogue system and is designed to cover and ensure the

Two new members elected to board of directors of Oyu Tolgoi

Today (28 October), the Mongolian Cabinet appointed two representatives of the board of directors of Oyu Tolgoi LLC. Bayasgalan who worked at JP Morgan and geological engineer Gan-Ochir were selected from 46 candidates who applied to the post in September.

The

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