Mongolia Brief August 27, 2014 Part I
Human
Development Report 2014 to Be Presented
By B. Khuder
Ulaanbaatar,
August 27 (MONTSAME) A meeting will run Thursday at Mongolia's State University
(MSU) to present the Human Development Report-2014 entitled "Sustaining
Human Progress: Reducing Vulnerabilities and Building Resilience".
At the action,
co-organized by the United Nations Development Programme (UNDP) and the MSU,
reports will be delivered and presentations made. The meeting will be chaired
by Dr N.Batnasan, Dean of Business School at the MSU.
The opening
remarks will be made by Mr Thomas Eriksson, UNDP Deputy Resident Representative
in Mongolia; Dr A.Galtbayar, the MSU rector; and Mr D.Battsogt MP, a head of
the parliamentary Standing committee on social policy, education, culture and
sciences.
The
presentations will be made by Dr Saurabh Shina, UNDP senior economist, and by
Dr Ch.Khashchuluun from the MSU department of economics.
MPP:
Premier Should Boost Economic Ties with Russia
By B. Khuder
Ulaanbaatar,
August 27 (MONTSAME) The parliamentary faction of the Mongolian People’s Party
(MPP) Tuesday sent an official document to the Prime Minister N.Altankhuyag
regarding a forthcoming visit of the President of the Russian Federation to
Mongolia.
The document
says that the "MPP laid a ground of good neighborhood, traditional and
friendly relations and cooperation with Russia, and has been maintaining a
policy to widen these ties and to bring them into a strategic partnership
level". "This is why the current Prime Minister must pay a vital
importance to the visit of the President Putin".
"Researchers
and observers are saying that Russia has made efforts to intensify its economic
and commercial cooperation with the Asian countries, and this must be noticed
by Mongolian political leaders," it says.
After this some
"directions" are given to the PM on augmenting external trade
turnover with Russia and increasing export products. "Firstly, the PM
should tackle an issue concerning a construction of infrastructure, energy, oil
and gas pipelines through Mongolian territory, fully exploiting a chance to
serve as an economic and business bridge between Asia and Europe. Mongolia now
should be dynamic so as to increase sizes and kinds of goods to be exported to
Russia and to intensify contracts and talks on supplying meat and meat products
to Russia."
"Secondly,
the Premier should implement largest strategically-important projects and programmes
together with Russia in frames of bringing the economic cooperation to a newer
level and strengthening the national security including economic security.
"Thirdly,
the Premier should resolve matters together with Russia on building a joint
factory equipped with the latest hi tech to process foods and other consumer
products," the document says.
Mongolia
Starts Manufacturing LED Lights
By B.
Amarsaikhan
Ulaanbaatar,
August 27 (MONTSAME) The "TD LED" LLC has started to manufacture LED
lights, which are considered a very economical modern lighting system in terms
of finance and ecology.
The company,
located in Govil baga in Erdenet city of Orkhon aimag, imports main parts such
as chips and transformers from the USA, Germany, Taiwan and Singapore, and
assembles the LED lights itself. This factory employs six workers
so far and is ready to supply wide range of products--for home and office use,
for street lightening and factories, in 1-20 and 30 watts.
An official
opening of the factory will run on September 11. The company's products have
insurance and are guaranteed for 3-5 years.
Our
Dulguun Wins Silver Medal in Youth Olympics
By B.
Amarsaikhan
Ulaanbaatar,
August 27 (MONTSAME) A Mongolian B.Dolgon won Tuesday a silver medal in the
46kg "women" category in judo at Nanjing's II Youth Olympics.
The events
started on August 16 and will complete this Thursday.
Dolgoon
defeated Ina Royk from Belarus with 10:0 points in the first round, satisfied a
silver medal condition by beating rivals from Algeria and Venezuela, and in the
final match against Kim Sung Hyang from DPRK she ended with 9:5 points, with
Kim's victory. In overall results of this tournament, Dulguun has become the
third silver medalist of the Youth Olympics.
Dulguun has
been trained by B.Battsetseg, international master of judo, who won Mongolia’s
first gold medal at the first Youth Olympics in 2010.
Chinese
Culture Month to Begin Soon
By B.
Amarsaikhan
Ulaanbaatar,
August 27 (MONTSAME) These days will run from August 29 to September 29 in the
UB city.
The opening
ceremony is expected on August 30 at Central Cultural palace with joint concert
of the two countries’ artists. Other actions have been planned such as a photo
exhibition of ancient findings and artifacts themed “Ulaan Khadnii Tuukh”
(History of the Red Rock) on September 9-13, an arrival of Zhao Wei, a famous
Chinese actress, and the Chinese movie week.
The Chinese Inner
Mongolian culture days will be held at the same time.
Mongolia
is revoking “106” licenses back to owners
August 26
(business-mongolia.com) “106” exploration licenses will be issued to its
original owners.
Thanks to the
approval of the amended Mineral Law of Mongolia, Ministry of Minerals informed
that widely criticized “106” mining and exploration licenses can be issued in
accordance with the adopted law.
Previously,
three level courts of Mongolia (district, city/aimag court and Supreme Court)
made conclusion that action of 106 license issuance without tender selection
procedure was illegal. As result, former Chairman of the Mineral Resource
Authority was sentenced. Therefore, the Government issued resolution #16 to
approve “the regulation on announcement of tender bid of 106 mining and
exploration licenses”, in order to compensate the previous owners.
It is said that
the regulation covers all aspects of the tender bidding procedure, including
evaluation process, providing of equal treatment, evaluation committee and so
on.
Mr. B.Batkhuu,
Director of the Policy Implementation Coordination Department of the Ministry
of Minerals, said that “According to the regulation, bidders shall place 30% of
the total bid in the corresponding account. If bidder is granted the license,
it shall place the remaining 70% to the account. If the previous owner fails to
be selected, it shall be compensated with the bidding payment and considered as
to be compensated. If the previous owner wins the bid, it can continue its
exploration works immediately.”
Previous owners
shall confirm its expenditure based on their financial report and statement to
the tax department and with the confirmed expenditure will become the
bottom-line of the bid. The first tender bid on 14 exploration licenses with
confirmed expense is ready to be announced. In the first tender bid lot, the
previous owners shall not need to place tender security payment.
Brief
information of the first lot (14 licenses):
These 14
licenses are located in 5 aimags’ territory with 163,565.05 hectares:
- in
Bayankhongor aimag 6 licenses
- in Dornogobi
aimag 3 licenses
- in Dundgobi
aimag 1 license
- in Umnugobi
aimag 1 license
- in between
Dundgobi and Umnugobi aimags 1 license
- in Khovd
aimag 1 license
- in
Ulaanbaatar City 1 license
The smallest
license has 94.49 hectare exploration area, and the biggest one has 56,098.52
hectare area.
China
grants aid of 1.3 billion RMB to the Mongolian mining sector
August 27
(business-mongolia.com) “Transparent Mining” regular press conference is
organized by the Ministry of Mining.
During the
press conference, officials provided detailed information on the agreements
signed during the Chinese Chairman Xi Jinping.
“Within the
framework of the joint statement on development of the profound strategic
partnership relations between Mongolia and China, over 20 documents were signed
and railway transit transport agreement, medium term program of development of
the trade and economy cooperation between two countries were the most important
documents” stated by the Ministry officials.
During the
visit, grant aid of 1.3 billion RMB to the development of the mining sector and
1 billion US$ soft loan or purchase agreement was signed.
Mongolia
meeting its domestic wheat demand with subsidized loans
August 27
(Mongolian Economy) Farmers were given fuel, wheat and fertilizer to help meet
domestic wheat demand. This formed a part of the Ministry of Manufacturing and
Agriculture’s campaign to fully supply the domestic wheat market. This year
wheat plantations occupied 315.6 hectares of land throughout the country. For
these plantations 2.7 tonnes of fuel for 724 enterprises and farmers,
93,000tonnes of wheat seeds for 290 enterprises and farmers, 152.7 tonnes of
plant protecting substances for 322 enterprises and farmers and 215 tonnes of
fertilizer for 57 enterprises was provided as a loan with a 20-50 percent
deposit required.
With the
purpose to improve quality and supply of vegetables, 10 types of vegetable
seeds worth MNT 120 million was also distributed among farmers. Apart from
plantations hit by a summer hailstorm in Selenge, Bulgan and Khuvsgul provinces
– totaling 2,859 hectares – this year’s harvest is going according to
expectations.
In addition to
this, tractors worth USD 12 million will be purchased from China. The Ministry
of Economic Development and The Export and Import Bank of China have started
the cooperation for delivering the equipment, which is expected to arrive this
winter.
This year,
Mongolia’s vegetable demand has reached 240,000 tonnes of which 50 percent can
potentially be supplied domestically, said the Ministry of Manufacturing and
Agriculture. Minister Tuvdendorj SH. said the price of 1 tonne of wheat should
cost no more than MNT 460,000.
According to
officials, for next year’s plantation 4,101,000 tonnes of seed, for national
seed reserves 79,000 tonnes of seed, for forage 254,000 tonnes and for alcohol
production 10.1 tonnes will be utilised from the total harvest. The remaining
wheat, 3,196,000 tonnes, will be for flour production. To meet annual domestic
flour demand 320,000 tonnes of wheat is needed.
Mongolian
Youth Team Wins Silver Medal from 2014 Summer Youth Olympic Games
August 27
(infomongolia.com) The 2014 Summer Youth Olympic Games are being held in
Nanjing, PR of China on August 16-28, where about 3,600 teenagers from 201
nations are competing for 222 events in 28 sports.
At this second
Summer Youth Olympics, Mongolian National Youth Team was represented with five
athletes namely Ts.Tsogtbaatar (Men’s Judo), Ts.Khulan (Women’s Judo),
B.Dulguun (Women’s Freestyle Wrestling), N.Angirmaa (10m Air Rifle Women), and
M.Ankhtsetseg (Women Weightlifting).
All events are
nearly finished and after overall results, Mongolian team achieved a Silver
medal by Bolormaa DULGUUN in the Women’s 46 kg Freestyle Wrestling. As of other
young athletes, M.Ankhtsetseg finished her contest standing at the 4th place,
Ts.Khulan at the 7th and N.Angirmaa at the 8th place.
In the 2010
Summer Youth Olympic Games held in Singapore, Mongolian Youth Team grabbed two
Gold medals by G.Erdenebold (Men’s Gymnastics) and B.Battsetseg (Women’s
Freestyle Wrestling).
Acting
CEO of MSE Meets Representatives of Investment Companies
August 27
(infomongolia.com) On August 27, 2014, Acting CEO of Mongolian Stock Exchange
(MSE) received in his office representatives of reputable companies in the
business of an investment fund such as ING Commercial Banking, Goldman Sachs
(Asia), Thai Capital Management, Neuberger Berman Singapore Pte Limited, Value
Partners Limited, and T.Rowe Price International.
During the
meeting, parties discussed current activity of MSE and new products and
services to introduce on market following the recently approved “Securities
Market Law". Also, Acting CEO introduced how to trade government
securities on MSE, investment opportunities and stock market further
tendencies.
Mohanik
to Stage at International Music Festival “V Rox”
August 27
(infomongolia.com) The second international music festival "V ROX" is
going to be held in Russia, where more than 200 musicians, music industry
professionals, translators, writers and journalists from China, France,
Georgia, Germany, Japan, Mongolia, South Africa, South Korea, United Kingdom,
United States and host Russia are to gather in Vladivostok on August 29-31,
2014.
Upon invitation
six bands are to stage their 30-minute concerts including Skindred (UK), Queen
Sea Big Shark (China), Galaxy Express (South Korea), Buffalo Daughter (Japan),
Mohanik (Mongolia) and Mumiy Troll (Russia).
Moreover,
musicians from Georgia (Asea Sool), Japan (Broken Haze and Mothercoat), China
(Candyshop, Cold Fairyland and Mr. Sea Turtle), South Korea (Dead Buttons, Hellivision,
Idiotape and OOpsNice), USA (Flash Bastard and Mykki Blanco), UK (The Ghosts
and These Reigning Days), UK-Germany (Jim Kroft), South Africa (Shadowclub) and
over 20 musicians from Russia’s Yekaterinburg, Moscow, St. Petersburg and
Vladivostok cities are to participate.
Mongolia’s
Mohanik will perform their concert at 08:00 pm on August 29 at Main Stage and
another 30-minute performance on the following day at 11:00 pm in a Club in
Vladivostok.
Mohanik Members
Tsaschikher
DAVAAJARGAL - Vocals/Guitar
Sambalkhundev
TSOGT - Vocals/Lead Guitar
Otgonbaatar
ENERELT - Bass
Ganbaatar
BATBAYAR – Drums
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