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New Mongolian PM appoints his Cabinet

“The geopolitical situation is becoming increasingly complex. The government decided to immediately begin work and maintain the continuity of state policy. Therefore, a third of the previous government is retained,” G.Zandanshatar said.

Japanese aid for Mongolia

The Speaker of the Mongolian Parliament, M.Enkhbold, is currently on an official trip to Japan. Yesterday, 28th of March, Mr Enkhbold had a meeting with Japanese Prime Minister Shinzo Abe.

Mongolian yurt library opens in Taipei

Taiwan’s first library taking the form of a Mongolian yurt was inaugurated on Saturday on the 11th floor of the National Immigration Agency (NIA) building in Taipei, allowing second-generation Mongolian children to enjoy the experience of reading Mongolian books in a yurt (ger).

World Bank to help Mongolia to diversify exports

The Mongolia Ministry of Finance and the World Bank have launched an Export Development Project aimed to help small- and medium-sized enterprises(SME’s) in the non-minerals sectors, to strengthen their export capacity and boost their access to export markets.

Mongolian Airlines to lease two Boeing aircraft

Mongolian Airlines (MIAT) has concluded a leasing agreement with the Boeing Company in assistance with Avolon Aerospace Leasing Limited regarding two Boeing 737 MAX 8 airpcraft. The national carrier is to lease the two Boeing aircraft for 12 years starting from 2019.

Budget amendments to raise taxes

The Cabinet submitted amendments to the 2017 state budget to Parliament on Friday that include increased taxes on income and imports.

Kenya and Mongolia Sign MoU to Promote Sustainable Finance

The Kenya Banking Association (KBA) amd the Mongolian Bankers Association (MBA), members of the IFC-supported Sustainable Banking Network (SBN), have signed a Memorandum of Understanding (MoU) to advance environmental and social risk management and sustainable financing practices for the Kenyan and Mongolian banking sector.

Mongolia starts coal transportation to Tianjin

A new rail route to transport coal from Olon-Ovoo station in the Dornogobi province to China’s port city of Tianjin started operation on 23rd of March. Tianjin is the closest sea port to Mongolia’s southern border and the most important logistics hub in the north of China.

UB Mayor begins European visit

S.Batbold, the Mayor of Ulaanbaatar, the capital city of Mongolia started his European working by visiting Warsaw on 22nd of March. In the Polish capital, S.Batbold discussed cooperation between two cities with Mayor Hanna Gronkiewicz-Waltz.

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