At the invitation of President of Turkmenistan Serdar Berdimuhamedow, President of Mongolia Khurelsukh Ukhnaa is paying a State Visit to Turkmenistan on October 10-13, 2024. During the State Visit, the following documents were signed. -Minister of Road and Transport of Mongolia Delgersaikhan Borkhuu and Chairman of the Agency “Turkmenhowayollary” [Turkmen Airlines] of the Agency for […]
Read MoreThe Ministry of Finance of Mongolia announced on October 4, 2024, that the “S&P” international agency upgraded Mongolia’s credit rating to “B+ Outlook positive.” The Fitch Ratings international agency upgraded Mongolia’s credit rating to “B+” two weeks ago, announcing that the upgrade was due to the country’s reduced debt burden, improved fiscal discipline, consistent increase […]
Read MoreAt the invitation of President of Turkmenistan Serdar Berdimuhamedow, President of Mongolia Khurelsukh Ukhnaa will pay a State Visit to Turkmenistan on October 10-13, 2024. This will be the first State Visit between the two countries since the establishment of diplomatic relations between Mongolia and Turkmenistan in 1992. During the State Visit, President Khurelsukh will […]
Read MoreMongolia and the United States of America held an Energy Dialogue on October 1, 2024, at the Ministry of Foreign Affairs of Mongolia in Ulaanbaatar. The dialogue was attended by State Secretary of the Ministry of Foreign Affairs Munkhtushig Lhanaajav, State Secretary of the Ministry of Energy Tavinbekh Nansal, and Acting State Secretary of the Ministry of […]
Read MoreAt the invitation of President of Mongolia Khurelsukh Ukhnaa, President of the Socialist Republic of Vietnam and General Secretary of the Vietnamese Communist Party To Lam will pay a State Visit to Mongolia on September 30-October 1, 2024. During the State Visit, President of Mongolia Khurelsukh Ukhnaa and President of the Socialist Republic of Vietnam […]
Read MoreAfter a decade, Fitch Ratings has upgraded Mongolia’s credit rating to “B+ with a stable outlook,” indicating improved economic conditions. This upgrade suggests that Mongolia’s economic performance is approaching levels last seen in 2012. Prime Minister Oyun-Erdene Luvsannamsrai highlighted that this positive development will boost the implementation of 14 mega-projects announced by the Government. A […]
Read MoreOn the sidelines of the UN Summit of the Future in New York City, President of Mongolia Khurelsukh Ukhnaa received Prime Minister of Japan Fumio Kishida on September 24, 2024. President of Mongolia Khurelsukh Ukhnaa commended the deepening of relations between Mongolia and Japan, which share common democratic values, under the “Special Strategic Partnership for […]
Read MoreMongolia’s banking sector grew by 30 percent in the first half of 2024. Amar Lkhagvasuren, Executive Director of the Mongolian Bankers Association, noted during the presentation of the Association’s review on the sector for the first half of 2024 that the increasing credit growth, while GDP is at 5 percent and inflation is at 5.5 […]
Read MoreThe Government of Mongolia held its regular session on September 11, 2024. In line with the approval of the 2024-2028 Action Program of the newly formed Joint Government, established as the result of the 2024 parliamentary elections, Prime Minister Oyun-Erdene Luvsannamsrai issued a directive to ensure the implementation of socially and economically significant projects and […]
Read MoreThe visit of Vice President of the People’s Republic of China Han Zheng to Mongolia concluded on September 8, 2024. In commemoration of the 75th anniversary of the establishment of diplomatic relations between Mongolia and the People’s Republic of China, the visit by the Vice President of the People’s Republic of China Han Zheng to […]
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