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Democratic Party to hold Congress after council election

The National Policy Committee of the Democratic Party assembled yesterday (3 August) to discuss the results of the June parliamentary election in which it suffered a devastating defeat. Immediately after the election, S.Erdene, leader of Democratic Party resigned and transferred

Mongolia isolates some 17,000 people for coronavirus observations

Last week, Mongolia repatriated a total of 1221 of its nationals with five charter flights; 43 of these passengers have been taken for observation to the Central Military Hospital, 12 people have isolated in the National Centre for Communicative Diseases

Helping Mongolia to get out FATF Grey List

The International Compliance Association (ICA), a leading professional body for the global regulatory and financial crime compliance community, announced a partnership with the Mongolia Compliance Association (MCA) to offer a bespoke e-learning program to 12 professional associations and their 10,000-plus

Mongolia and China extend currency swap agreement

A currency swap agreement between the Bank of Mongolia and the People’s Bank of China has been extended until 2023

The Bilateral Currency Swap Arrangement of CHY 15 billion or MNT 6 trillion made between the Bank of Mongolia and the

EU to help Mongolia to relieve flood disaster

The European Union is to provide EUR 100,000 (almost 335 million Mongolian Tugrik) in humanitarian aid funding to assist the most vulnerable communities after a series of floods that have wreaked havoc across different parts of Mongolia since mid-June.

The aid

Mongolia exports 3000 tonnes of horse meat to China

Before the coronavirus lockdown, Mongolia exported 54 thousand tonnes of horse meat to China in 2019. However, exports of horse meat have fallen due to Mongolia closing its border with China in order to prevent the spread of coronavirus. Subsequently,

Unusual cloud above Oyu Tolgoi

A photo of an unusual cloud formation in the sky above the Oyu Tolgoi mine has gone viral. According to the meteorological agency, the rare phenomenon was observed in the Khanbog soum (district) of South Gobi on 27 July during

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