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Mongolia tightens punishment for poaching of elk

Mongolia has tightened penalties for violations of environmental legislation and poaching of elk, an endangered species of animal.

According to the environmental unit of the police, “This step will be a serious lever in the fight against poachers”.

According to recent changes to

Mongolia’s ambition to emerge as a new leader in the uranium market

Mongolian President U.Khurelsukh signed an agreement worth of  USD 1.7 billion investment by French government-owned Orano Mining in October 2023, during his visit to France. The agreement allows Orano to establish Mongolia’s first uranium mining and processing venture. For Mongolia’s

Mongolian PM to attend in the Davos-2024

The World Economic Forum will be held in Davos, Switzerland, on January 15-19, 2024. Mr. L.Oyun-Erdene, Prime Minister of Mongolia will participate in the Forum.

This Annual Meeting will welcome over 100 governments, all major international organizations, 1000 Forum’s Partners, as

Mongolia allocates MNT 744.8 billion in science projects

The Ministry of Education and Science of Mongolia plans to finance 442 educational and science projects worth MNT 744.8 billion in 2024. The overall budget allocated to the education sector is MNT 4.2 trillion, 5 percent of the gross domestic

The life expectancy of Mongolians increase by 8.53

The average life expectancy of the population of Mongolia was calculated in 1992 for the first time and amounted to 62.77 years. The average life expectancy in the country has increased by 8.53 years in 30 years until 2022.

The life

Mongolia imports maximum volume of petroleum products

Mongolia imported the maximum volume of oil and petroleum products from abroad in December 2023, the Mineral Resources Authority of Mongolia reported.

“150,000 tons of gasoline were imported from abroad. Fuel consumption is rising sharply due to increased mining exports and

Winter Tourism Festivals

Mongolia is making great efforts to develop winter tourism. Here is a brief overview of some of the key winter tourism events to take place in Mongolia until the end of March 2024.  
“Winterland Ice Festival – 2024” 
 The “Winterland Ice Festival”

Mongolia reconnects with global payment system

The Trade Development Bank became the first bank to reconnect Mongolia to the global payment system in US dollars.

Mongolia improved its rating by fully complying with 40 FATF recommendations last July. International payments were restored as a result. Previously, a

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