World Bank Report Spotlights Pathways to Strengthen Mongolia’s Economic Resilience

The World Bank Group published the “Mongolia Country Climate and Development Report” (CCDR), which details comprehensive reforms that complement Mongolia’s current climate and development strategies while balancing environmental concerns with economic growth. Mongolia faces unique challenges from both climate change and the global shift towards a low-carbon economy, underscoring the need for urgent actions to enhance […]

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Mongolia Plans to Export 83 Million Tons of Coal and 1.8 Million Tons of Copper Concentrate in 2025

Minister of Finance of Mongolia Javkhlan Bold presented the draft State Budget for 2025 during the session of the Standing Committee on Economic Affairs of the State Great Khural of Mongolia, noting “The following budget of 2025 is notable by fully supporting regional development for the first time.” The Finance Minister noted, “The following year’s […]

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The Trade and Development Bank of Mongolia and France’s State-Owned Investment Bank BPIFrance Signed a Memorandum of Understanding for Strategic Cooperation

The Trade and Development Bank of Mongolia (TDB) participated in the “Mongolia–France Business Meeting,” an event focused on fostering trade, financial, and economic development collaboration between Mongolia and the Republic of France. During the business meeting, TDB and BPIFrance, the French state-owned investment bank, signed a Memorandum of Strategic Cooperation. Through this strategic partnership, TDB […]

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President of the Republic of Kazakhstan Kassym-Jomart Tokayev to Pay a State Visit to Mongolia

At the invitation of President of Mongolia Khurelsukh Ukhnaa, President of the Republic of Kazakhstan Kassym-Jomart Kemeluly Tokayev will pay a State Visit to Mongolia between October 28-29, 2024. This State Visit takes place 16 years after the State Visit by the Head of State of Kazakhstan to Mongolia in 2008. During the State Visit, […]

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Agreement Reached with China Energy Group to Accelerate the Gashuunsukhait-Gantsmod Border Connection

During his return from attending the expanded meeting of the Council of Heads of Government of the Shanghai Cooperation Organization (SCO) member and observer states, Prime Minister of Mongolia Oyun-Erdene Luvsannamsrai made a working visit to the People’s Republic of China. Prime Minister of Mongolia Oyun-Erdene Luvsannamsrai participated in the event commemorating the 75th anniversary […]

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Mongolia’s exports consist of precious stones, metals, jewelry and textile products

Mongolia conducted trade with a total of 154 countries in the first nine months of 2024, with total foreign trade turnover reaching USD 20.4 billion. Specifically: Exports amounted to USD 11.8 billion Imports amounted to USD 8.6 billion Trade turnover increased by USD 2.3 billion compared to the same period in 2023, with exports growing […]

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Mongolia and India to Leverage the Strategic Partnership to Expand Relations in All Sectors

Prime Minister of Mongolia Oyun-Erdene Luvsannamsrai met Minister of External Affairs of the Republic of India Subrahmanyam Jaishankar during his visit to Pakistan and exchanged views on cooperation. At the beginning of the meeting, Prime Minister Oyun-Erdene once again thanked India for having donated the first packages of vaccines to Mongolia during the difficult time of the […]

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President of Mongolia Attends International Forum as an Honorary Guest

During his State Visit to Turkmenistan, President of Mongolia Khurelsukh Ukhnaa participated as an Honorary Guest in the international forum “Interrelation of Times and Civilizations–The Basis of Peace and Development,” and delivered a speech at the Opening Ceremony on October 12, 2024. The Forum was organized by the Government of Turkmenistan to commemorate the 300th […]

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Prime Minister of Mongolia Leaves for Pakistan to Take Part in SCO Meeting of the Council of Heads of Government

Prime Minister of Mongolia Oyun-Erdene Luvsannamsrai left today for Islamabad, the capital of the Islamic Republic of Pakistan to participate in the meeting of the Council of Heads of Government of the Shanghai Cooperation Organization member states to be held on October 15-16, 2024. During the working visit, Prime Minister Oyun-Erdene will take part in […]

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