Economy
Mongolia to Cooperate with The Asia Group to Improve Investment Climate
 A Memorandum of Understanding between the Ministry of Economy and Development of Mongolia and The Asia Group, a US-based strategic and investment advisory firm, has been signed today by Deputy Prime Minister and Minister of Economy and Development Uchral Nyam-Osor and Managing Partner at The Asia Group Kurt Tong.
5 days
Ulaanbaatar Mayor Signs Memorandum of Understanding with UK Export Finance Agency to Boost Metro Project
The Governor's Office of the Capital City of Ulaanbaatar and the Export Credits Guarantee Department, branded as UK Export Finance, the United Kingdom's export credit agency, have agreed to cooperate, signing a Memorandum of Understanding. Nyambaatar Khishgee, Governor of the Capital City and the Mayor of Ulaanbaatar and Emma Thomas, Co-Head of Global Business Origination for UK Export Finance signed the Memorandum of Understanding during the Mongolia Economic Forum 2025, on July 9, 2025.  
5 days
Mongolia Economic Forum 2025: Government Commits to Investor-Friendly Policies and Economic Diversification
The Mongolia Economic Forum 2025 is being held on July 8-9, 2025, under the theme “Together for Tomorrow.” Organized annually since 2010, the two-day forum serves as a key platform to address pressing issues related to Mongolia’s economic and social development and to identify possible solutions
6 days
European Bank for Reconstruction and Development to Increase Investments
Deputy Prime Minister and Minister of Economy and Development Uchral Nyam-Osor received Hussein Özkan, Director for Central Asia and Mongolia of the European Bank for Reconstruction and Development (EBRD), and his delegation at the Government Palace.
7 days
Mongolia Transports Coal to China by Rail and Road until Cross-Border Railway Completion
A delegation led by Minister of Road and Transport Delgersaikhan Borkhuu visited the headquarters of China Energy Group on July 3, 2025, and met with its senior officials to discuss the implementation of the Long-Term Coal Transport Agreement and exchange views on ensuring timely and planned coal transport.
8 days
MiningWeek & MinePro 2025: “Mining Momentum in Mongolia: Driving Progress and Responsibility”
Mongolian National Mining Association (MNMA) has announced that the People’s Republic of China will be the Focus Country for MiningWeek & MinePro 2025.
8 days
The Bank of Mongolia Purchases 5.9 Tons of Precious Metals in First Half of 2025
The Bank of Mongolia purchased 1,587.4 kilograms of precious metals in June 2025, an increase of 573.1 kg compared to the previous month.
12 days
OECD Upgrades Country Risk Classification of Mongolia
The Organisation for Economic Co-operation and Development (OECD) has upgraded the country risk classification of Mongolia by one level from its previous highest risk rating of 7/7 to 6/7 as of June 27, 2025. 
14 days
Mongolia and Eurasian Economic Union Sign Interim Free Trade Agreement
An Interim Free Trade Agreement between Mongolia and the Eurasian Economic Union (EAEU) was signed during the meeting of the Supreme Eurasian Economic Council and the 4th Eurasian Economic Forum held on June 26–27, 2025, in Minsk, the Republic of Belarus. 
14 days
Agreement Reached to Export 2,000 Tons of Horse Meat and Halal-Processed Mutton
Uzbekistan has agreed to purchase 2,000 tons of horse meat and halal-processed mutton from Mongolia, with plans to buy 100,000 live sheep and goats. The two countries will also expand cooperation in agriculture, veterinary services, and trade, aiming to increase bilateral trade turnover to USD 100 million.
18 days
“Gold-3” Campaign to Be Launched Nationwide
To increase Mongolia's foreign exchange reserves, ease pressure on the balance of payments and the tugrug exchange rate, and ensure macroeconomic stability, the Government of Mongolia has resolved to launch the “Gold-3” Campaign nationwide. In connection with this, a draft Resolution will be submitted to the State Great Khural of Mongolia for further consideration.
19 days
Promissory Notes in the Cashmere Sector: A New Financial Instrument for the Agricultural Industry
On June 23, 2025, the Ministry of Food, Agriculture, and Light Industry (MOFALI), the Mongolian Commodity Exchange, commercial banks, and factories signed contracts to secure funding through promissory notes, aiming to increase cashmere sales and support the export of combed cashmere.
20 days
Mongolia and Uzbekistan to Develop Cooperation in Tourism
At the invitation of President of Mongolia Khurelsukh Ukhnaa, President of the Republic of Uzbekistan Shavkat Mirziyoyev will pay a State Visit to Mongolia on June 24-25, 2025. Within the framework of the State Visit, “The Pearl of Silk Road” Tourism Forum was held on June 23, 2025, in Ulaanbaatar. 
20 days
Funds Raised from Bond to Be Allocated for Milk and Dairy Production
The Asian Development Bank (ADB) issued a second Mongolian Tugrug (MNT) bond this year, raising around USD 15.6 million.
25 days
Smart Greenhouse Complex to Be Established in Ulaanbaatar
The foundation stone laying ceremony of the National Smart Greenhouse Complex, which aims at the year-round produce supply, ensuring food safety and sustainable agriculture was held. 
25 days
State Great Khural Members Meet IMF Staff Team
Members of the Standing Committee on Economics of the State Great Khural hosted a meeting with representatives led by Deputy Division Chief at the International Monetary Fund (IMF) and leader of the working group under Article IV of the IMF’s Articles of Agreement Tahsin Saadi.
28 days
Gold, Mined by Artisanal and Small-Scale Miners of Mongolia to Be Supplied to International Jewelry Companies
The Bank of Mongolia has signed a Memorandum of Understanding with the Swiss Better Gold Association and Argor Heraeus, the precious metals refinery of Switzerland.
32 days
Contract for the Construction of Gashuunsukhait-Gantsmod Cross-Border Railway Signed
“Tavantolgoi Railway” LLC of Mongolia and “China Railway Construction Bridge Engineering Bureau Group” Ltd of the People’s Republic of China have finalized and signed the Contract for the Construction of the Gashuunsukhait-Gantsmod Cross-Border Railway.
35 days
Legal Regulations Protecting Taxpayers’ Rights and Interests Enforced
Since February 2025, the tax authority has discontinued the procedure of publicizing information about taxpayers, without the taxpayers’ consent, who have violated tax legislation, failed to rectify the violations, or have repeated the same violation three or more times.
36 days
Second Phase of the IFC Green Finance Market Development Project Launches
The Financial Regulatory Commission of Mongolia and the International Finance Corporation (IFC) have renewed their partnership to further advance sustainable finance in Mongolia by signing a new Memorandum of Understanding. The signing of the cooperation document also marks the launch of the second phase of the IFC Green Finance Market Development Project.
39 days
First Naadam Festival of the World Mongols Held in Brussels 7 hours
Chuluun Sampildondov: The Mongolian Horse Has Long Been a Powerful Symbol of Diplomatic Tradition 8 hours
New Champions Crowned as Mongolia Celebrates National Naadam with Pride 1 day
State Visit to Mongolia by Their Majesties the Emperor and Empress of Japan Concludes 1 day
President of Mongolia and the Emperor of Japan Attend Soyolon Race at Khui Doloon Khudag 2 days
Chestnut Horse Trained by D. Munkhbat Wins National Naadam Soyolon Race 2 days
Tourists: The Music, Dance, and Horse Parade of Naadam Opening Ceremony Deeply Moving 2 days
Lunar-Spotted Bay Horse Trained by G. Buyantogtokh Wins National Naadam's Daaga Race 2 days
Chestnut Horse Trained by M. Tserenjav Wins National Naadam’s Ikh Nas Race 2 days
Over 800 Police Officers Deployed at Central Stadium During Naadam 2 days
Jochen Krueger: "The horseback part of the Naadam opening ceremony was my favorite" 2 days
Their Majesties the Emperor and Empress of Japan Attend Opening Ceremony of National Naadam Festival 3 days
National Naadam Commences with Grand Opening Ceremony 3 days
World Horse Day Celebrated for the First Time 4 days
Their Majesties the Emperor and Empress of Japan Visit Mongol–Japan Hospital 4 days
Their Majesties the Emperor and the Empress of Japan Visit Gandantegchenling Monastery 4 days
State Flag Day Observed with Military Parade 4 days
102 Wrestlers Holding National Titles to Compete in National Naadam Wrestling Tournament 4 days
Bay Horse Trained by B. Gantig Wins National Naadam’s Khyazaalan Race 4 days
Mongolia to Cooperate with The Asia Group to Improve Investment Climate 5 days
Ulaanbaatar Mayor Signs Memorandum of Understanding with UK Export Finance Agency to Boost Metro Project 5 days
Their Majesties the Emperor and Empress of Japan Visit General Education School in Ulaanbaatar 5 days
Prime Minister of Mongolia Holds Virtual Meeting with Local Governors 5 days
General Police Department: Facilities Ready to Assist Lost Children During Naadam Celebrations 5 days
His Majesty the Emperor of Japan Visits Mongol Koosen Technology College 5 days
Mongolia and France Sign Memorandum to Expand Civil Aviation Cooperation 5 days
Mongolia Economic Forum 2025: Government Commits to Investor-Friendly Policies and Economic Diversification 6 days
Feasibility Study for Ulaanbaatar Tram Project Approved 6 days
Their Majesties the Emperor and Empress of Japan Visit Memorial Complex for Japanese Nationals 6 days
Government to Gather Public Input on Certain Actions to Be Implemented Within 100 Days 6 days
Mongolia and China Agree to Expand Cooperation in Animal and Plant Quarantine 6 days
Over 7,000 Participants Showcase National Dress at 19th “Deeltei Mongol” Festival 6 days
President of Mongolia and First Lady Hold Official Meeting with Their Majesties the Emperor and Empress of Japan 6 days
Their Majesties the Emperor and Empress of Japan Officially Welcomed 7 days
Exhibition of Mongol Chest Features 19th–20th Century Traditional Mongolian Chests 7 days
Buryat State University Launches Center for Mongolian Language and Culture 7 days
His Majesty the Emperor of Japan Visits the Water Supply and Sewerage Authority 7 days
European Bank for Reconstruction and Development to Increase Investments 7 days
Two Mongolian Boxers Win Medals at World Cup 7 days
Mongolia Hosts Asia-Pacific Air Transport Facilitation Forum 7 days
His Majesty the Emperor of Japan Introduced to Gachuurt Water Source Project 7 days
Uchral Nyam-Osor: Economic Immunity Must Be Outcome of Long-Term Intelligent Policy 7 days
His Majesty Emperor Naruhito of Japan Visits Chinggis Khaan National Museum 7 days
Mongolia Transports Coal to China by Rail and Road until Cross-Border Railway Completion 8 days
MiningWeek & MinePro 2025: “Mining Momentum in Mongolia: Driving Progress and Responsibility” 8 days
This Week in Mongolia 8 days
His Majesty Emperor Naruhito and Her Majesty Empress Masako of Japan Arrive in Mongolia on a State Visit 8 days
Masterworks of Modern Mongolian Craftsmen Exhibited at the Chinggis Khaan National Museum 10 days
Launch Event of the SOAP II Project in Darkhan-Uul Aimag 10 days
NEMA Reports Rising Risk of Floods and Wildfires Across Mongolia 10 days
Mongolian Participants Depart for 57th International Chemistry Olympiad in United Arab Emirates 10 days
National Forum of Civil Servants Emphasizes Reforms for Effective Public Service 10 days
“Open Parliament: Expert” Senior Experience Sharing Program to Be Implemented 11 days
Mongolia to Cooperate with South Korea in Developing Specialized Social Protection Services 11 days
Mongolia’s “TOP-100” Businesses of 2024 Recognized 11 days
Mongolia Records 24 Moderate Earthquakes in First Half of 2025 11 days
Discussion Held on Improving Cooperation with Neighboring Countries in the Transport Sector 11 days
U. Tuya: Human Rights Education to Be Delivered at All Levels from Preschool to Higher Education 11 days
Ambassador Igawahara Masaru: "The State Visit of Their Majesties the Emperor and Empress of Japan will Open a New Chapter in the Relationship between Japan and Mongolia" 11 days
Nine State-Owned Energy Companies in Western Region Consolidated into Four 12 days
Functional Overlaps of Government Organizations to Be Eliminated 12 days
Mongolian Women’s Basketball Team Achieves Historic Silver Medal 12 days
The Bank of Mongolia Purchases 5.9 Tons of Precious Metals in First Half of 2025 12 days
International Standards for Biodiversity Conservation to Be Localized in Mongolia 12 days
Japan-Mongolia Sasakawa Scholarship Program to Be Implemented for 12 Years 12 days
89th “Mongolian Athletes’ Day” Celebrated 12 days
“Chinggis Khaan” International Airport Became One of the World’s Ten Most Improved Airports 12 days
Mongolian National Team Playmaker Nandinkhusel Joins Florida’s “Panthers” 12 days
Women’s 3x3 Basketball Team Members Awarded Honored Athlete Titles 12 days
History and Heritage of Undur Gegeen Zanabazar in the Focus of International Scholars 12 days
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