The Ministry of Finance has announced the construction of a temporary port at the border area between Afghanistan and Turkmenistan. According to a statement from the ministry, a delegation led by the Deputy Minister for Revenues and Customs visited the port and discussed its construction with Turkmenistan officials. The port is considered essential for the […]
Read MoreAccording to customs statistics, Tajikistan has exported over 4,300 tons of antimony ore and concentrates over the first nine months of this year, valued at approximately US$14 million. This achievement has positioned the country as the world’s second-largest exporter after China. With China imposing restrictions on antimony exports, Tajikistan has emerged as a key supplier […]
Read MoreThe Asian Development Bank (ADB) and APU Dairy LLC have signed a $20 million (equivalent in Mongolian togrog) loan to support nomadic herders by integrating them into the dairy value chain, enhancing dairy processing capacity, and promoting sustainable herd management practices. The project will boost Mongolia’s dairy supply and strengthen its food security through domestic […]
Read MoreAbdul Salam Hanafi, the Administrative Deputy Prime Minister, during his visit to Uzbekistan, held separate meetings with the country’s Prime Minister Abdulla Aripov and Uzbekistan’s Deputy Prime Minister Jamshid Khodjae, discussing the strengthening of political, economic, and cultural relations. The Deputy Spokesman of the Islamic Emirate stated that Hanafi, during his meeting with Uzbekistan’s Deputy […]
Read MoreThe Government of Mongolia and the Asian Development Bank (ADB) are jointly implementing new projects to increase renewable energy sources in the western region of Mongolia. Specifically, energy storage stations have been constructed and commissioned to connect solar and wind power plants with a total capacity of 40.5 MW to the Altai-Uliastai energy system. Moreover, […]
Read MoreKazakhstan’s Samruk Kazyna Sovereign Wealth Fund and China’s SANY Renewable Energy (RE) laid the foundation for the construction of a $114 million plant to produce wind turbine components on Nov. 29 in the Zhambyl Region, reported SANY’s press service. Kazakhstan and China Cooperate to Build $114 Million Wind Turbine Component Plant in the Zhambyl Region. […]
Read MoreUzbekistan will engage active elders in poverty reduction in their mahallas (neighborhoods) with a monthly payment. Nuroniy foundation will allocate 10 million soums ($777) annually to each of about 10,000 mahallas for elderly sports programs. A total of $39 m will be provided from the state budget. Uzbekistan will engage respected and experienced elders in […]
Read MoreAs of November 25, 2024, the official foreign exchange reserves of Mongolia exceeded USD 4.9 billion, an increase of USD 38.8 million or 0.8 percent compared to the beginning of this year. This is the amount that satisfies the country’s foreign exchange-paid import needs for 5.1 months, according to the Bank of Mongolia. The increase in foreign exchange reserves was mainly due to the improvement in the USD flow into Mongolia, including export […]
Read MoreUzbekistan’s state media has reported the country’s foreign trade volume, stating that in the first ten months of the current calendar year, Uzbekistan conducted trade with Afghanistan worth nearly $900 million. According to the report, Russia, China, Kazakhstan, Turkey, Afghanistan, France, and Kyrgyzstan were Uzbekistan’s key export partners during this period. During the mentioned timeframe, […]
Read MoreOn November 22, 2024, Minister of Family, Labor, and Social Protection of Mongolia Enkh-Amgalan Luvsantseren met with Andrea Rossi, UNICEF Social Policy Advisor for Southeast Asia, to discuss ways of further strengthening child protection and social policies in Mongolia. At the meeting, Social Policy Advisor Andrea Rossi made a presentation “Fostering Social Participation and Livelihoods of Children in Mongolia: […]
Read More
