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Mongolia’s GDP grows by 6.8 percent in 2023

Mongolia’s GDP grew by 6.8 percent in 2023, which “is high growth not only in the region but also in the world,” said Minister of Economy and Development Ch.Khurelbaatar on Monday, citing a preliminary estimate.

The private sector and investors are

Russia’s planned gas pipeline to China faces construction delay

Mongolian Prime Minister L.Oyun-Erdene said construction of Russia’s planned new Power of Siberia-2 gas pipeline to China, which was expected to start this year, may be delayed, the Financial Times reported on Sunday.

Russia has been in talks to build a

Mongolia passes first-ever Animal Rights Law

Mongolia has passed its first-ever law protecting animal companions called The Pet Law. This monumental achievement follows years of tireless campaigning and advocacy by its Mongolian partner, Lucky Paws, with the support of over 17,000 In Defense of Animals supporters who wrote to decision-makers.

The law marks a

Mongolia’s Clean Energy Transition

On International Day of Clean Energy, inaugurated on 26 January 2024, the world is reminded of our climate promise and the need for urgent action for a just and inclusive transition towards clean energy, a necessity for both people and planet. At

Mongolian ambassador and embassy staff arrived in Pyongyang

Mongolia’s new ambassador to North Korea took up his position in Pyongyang in December, marking the first time a country excluding China or Russia has replenished its embassy staff since the DPRK shut its borders due to COVID-19. The ambassador, who

China-Mongolia comprehensive strategic partnership: 10 years

China is willing to work with Mongolia to foster the continuous development of the China-Mongolia comprehensive strategic partnership, China’s top legislator Zhao Leji said on Thursday. Zhao, chairman of the National People’s Congress (NPC) Standing Committee, made the remarks when

The banking assets increased by 5.6%

The volume of cash in circulation in Mongolia grew by 5.7% by the end of December 2023 compared to the previous year, the National Statistics Office announced on Thursday.

The total assets of the banking sector of Mongolia amounted to 28.7

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