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Russia abolishes duties on Mongolian cashmere

Cashmere supplied to Russia from Mongolia will soon become cheaper — the governments of the two countries have agreed to abolish duties and remove logistical barriers, Deputy Prime Minister Victoria Abramchenko told reporters at Mongolia’s largest cashmere factory Gobi.

“As part

Mongolia home to 20 pct of snow leopards worldwide

According to the World Wide Fund for Nature (WWF), more than 20 percent of all snow leopards worldwide are in Mongolia.

About 953 adult snow leopards, ranging from 806 to 1,127, roam in Mongolia, inhabiting an area of approximately 328,900 square

Mongolia receives over half million tourists by October

Mongolia received a total of 542,123 foreign tourists by October this year, the country’s Ministry of Environment and Tourism reported.

As 30th  October, Mongolia earned around 700 million U.S. dollars in revenue from foreign tourists mainly from Russia, China, South Korea,

Mongolia buys satellite from Thales Alenia

Mongolia’s Ministry of Digital Development is buying a Ku-band broadband satellite from Thales Alenia Space. The new national satellite will be placed at 113.6 degrees East.

The President of Mongolia, U.Khurelsukh, undertook a state visit to France last week and used

Chinese Economy: A Resilient Player and A Global Contributor

The downward pressure on the global economy and increasingly complex external environment this year brought more attention of the international community including Mongolia to the Chinese economy. Some Western media have been hyping up “overcapacity”, “debt crisis” and “foreign capital

“Ulaanbaatar – Photo Week 2023”

“Ulaanbaatar – Photo Week 2023,” a joint photo exhibition, was organised at Misheel Expo in Ulaanbaatar, Mongolia, bringing together over 190 photographers from 20 organizations. 

To commemorate the 88th anniversary of the founding of the Mongolian photography industry, the United Association

IMF predicts GDP growth for Mongolia of 5.5% in 2023

The International Monetary Fund (IMF) is forecasting 2023 GDP growth for Mongolia of 5.5%, following on from last year’s 5.0%.

Mongolia will likely see a 4.5% GDP expansion in 2024, the Fund added in its newly published World Economic Outlook (WEO) October

From Justice Minister to Mayor of Ulaanbaatar

Today (13 October), Mongolian Prime Minister L.Oyun-Erdene has confirmed the appointment of Kh.Nyambaatar as the new Mayor of Ulaanbaatar, the country’s capital.

Prior to his appointment, Kh.Nyambaatar served as minister of justice and internal affairs of Mongolia.

Kh.Nyambaatar replaced D.Sumiyabazar who has

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