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EU Commission to open Delegation in Mongolia

The EU to open its 140th Delegation, following the decision of the High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission,  Federica Mogherini on Monday. The decision by Ms. Mogherini follows the agreement of the Commission and the Council of the European Union and will be implemented in the course of 2017.

Mongolian mountaineer climbing “Killer” K2

Mongolian mountaineer G.Usukhbayar has begun his ascent of K2, the second highest mountain in the world. Rising steeply above the Karakoram Range along the Pakistan-China border and battered by atrocious weather, this pyramid-shaped mountain has always been the ultimate challenge for the world’s best mountaineers—and the graveyard of many of their ambitions.

“Development Bank of Mongolia is now on the right path”

First Deputy Chief Executive Officer discusses DBM issues, policy and aims.

During the Government’s inspection ofthe Development Bank of Mongolia, an MNT 1.3 trillion discrepancy was noticed and the bank was on verge of bankruptcy, losing both governance and financial independence.

China: June coal imports from Mongolia rise

China’s coal imports rose in June from Mongolia and Russia as utilities and steel mills sought out more cheap raw material even as the government tried to curb purchases of foreign fuel.

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