The European Bank for Reconstruction and Development has sharply expanded its footprint in Central Asia and Mongolia, committing nearly $2 billion in investment in 2025. In an article posted by Anton Usov, the scale of the funding is presented as a clear signal of the EBRD’s growing confidence in the region’s economic potential, as well […]
Read MoreBy Joe Luc Barnes Late on July 20th, the President of Mongolia, Ukhnaagiin Khürelsükh, touched down in Bishkek as part of a two-day state visit to Kyrgyzstan. It forms part of Khürelsükh’s wider Central Asian tour, with the President set to fly to Dushanbe following his sojourn in the Kyrgyz capital. The trip builds on […]
Read MoreTOKYO: Japan’s Emperor Naruhito began a weeklong visit to Mongolia on Sunday during which he plans to honor thousands of Japanese prisoners of World War II who were held under harsh conditions in the country. Naruhito’s visit marks the 80th anniversary of the end of WWII. In recent years, he has toured some of the […]
Read MoreThe 17th edition of India–Mongolia Joint Military Exercise Nomadic Elephant will commence May 31 in Ulaanbaatar, officials said. The operation will continue till June 13. In a statement posted on X, the Indian Army wrote: “The 17th edition of the Joint Military Exercise #NomadicElephant 2025 between #IndianArmy & Mongolian Army will be held from 31 […]
Read MoreThe Government of Mongolia issued a USD 500 million bond with an interest rate of 6.625 and a maturity of five years under the “Century IV” project and began trading it on the international securities market. The initial order for the newly issued bond exceeded the trading volume by 8.2 times, reaching USD 4.1 billion. […]
Read MoreOn February 13, 2025, President of Mongolia Khurelsukh Ukhnaa visited “Sor Cashmere,” “Snow Fields,” and “Ulaanbaatar Hivs” companies under the “White Gold” National Movement. The President has initiated the “White Gold” National Movement to enhance the value of livestock-derived raw materials. The successful implementation of the Movement will increase the production and export of internationally […]
Read MorePrime Minister of Mongolia Oyun-Erdene Luvsannamsrai is on a working visit to the People’s Republic of China. As part of the working visit, Prime Minister of Mongolia Oyun-Erdene Luvsannamsrai will meet with Premier of the State Council of the People’s Republic of China Li Qiang on February 14, 2025. After the meeting, the two sides […]
Read MoreThe Open Government Partnership (OGP) Asia and the Pacific Regional Meeting was held in the Philippines on February 5-7, Montsame reported. During the meeting, Head of the Office of the General Election Commission (GEC) of Mongolia D. Bat-Erdene, and Foreign Relations and Cooperation Officer B. Uyanga, participated in ministerial level discussions, interviews, and meetings, where […]
Read MoreThe “Sor Cashmere” company collaborates with more than 150 local knitting workshops and exports its products to 17 countries, including the Federal Republic of Nepal, Japan, the Russian Federation, the People’s Republic of China, the United States, the Republic of Korea, the Italian Republic, the Republic of Kazakhstan, and the Republic of India. The company […]
Read MoreAt the regular Cabinet meeting on February 5, 2025, Minister of Economy and Development Gantumur Luvsannyam presented the criteria for the “Doing Business” report. In this regard, Prime Minister of Mongolia Oyun-Erdene Luvsannamsrai instructed relevant officials to eliminate barriers and bureaucracy when starting businesses and reduce state involvement in economic activities. The Economic Development Council, headed by the Prime […]
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