Ulaanbaatar, June 8, 2023 /MONTSAME/. During its regular session on June 7, 2023, the Cabinet made the following decisions:

To Make the Education Loan Fund and Related Information on Its Funding Procedures and Disbursement Publicly Open

A team of independent experts evaluated the Education Loan Fund and concluded that the fund's operations, funding procedures, and disbursement process need to be transparent, fair, accessible, and clear. It will require organizing the announcement of priority areas of specialization and the world's best universities and the selection process in an open and transparent manner, as well as re-engineering the process to reduce human intervention. 

Working Group to Promote the Use of Electric Cars to be Formed

On May 6, 2023, Prime Minister of Mongolia L. Oyun-Erdene held an online meeting with Tesla and SpaceX CEO and Twitter CTO Elon Musk and exchanged views on cooperation.

During the online meeting, Elon Musk introduced the "Starlink" satellites created by the aerospace company SpaceX to deliver high-speed Internet to all parts of the world. Then, he mentioned that it is possible to introduce their network in areas with no internet access in Mongolia, and they are ready to install their test stations and conduct tests.

The Prime Minister underscored his support for Elon Musk’s endeavor to introduce the global use of electric cars and green technology and said that he would facilitate via tax and the legal environment if the Tesla branch opens up in Mongolia.

In this regard, the Prime Minister tasked Minister of Road and Transport Development S. Byambatsogt to form a Working Group to promote the use of electric cars.

Special Regimes Imposed on “Tavantolgoi Railway” LLC and “Tavantolgoi” JSC Terminated

In December 2022, the activities of “Tavantolgoi Railway” LLC were taken under the direct control of the government, a six-month special regime was imposed and the Head of the Legal Department of the Cabinet Secretariat N. Myagmar was appointed as the Government’s Special Representative for the company.

The Special Representative was assigned several responsibilities, which included increasing the state's foreign currency reserves, implementing measures concerning "Tavantolgoi Railway" LLC, disclosing information related to state secrets, and transitioning the operations of the company to normal mode.

Chief Cabinet Secretary D. Amarbayasgalan informed that as a result of the measures implemented during the special regime, the operations of "Tavantolgoi Railway" LLC and the "Tavantolgoi-Gashuunsukhait" railway project have been made publicly open. Furthermore, the safety of railway transportation has been guaranteed, ensuring stable operations for the company in the future. He also mentioned that the necessary conditions for normal transportation operations have been established.

For “Tavantolgoi” JSC, according to the Ordinance No. 450 of the Government of Mongolia, dated December 9, 2022, the company’s activities were taken under the direct control of the government, a six-month special regime was imposed and the State Secretary of Ministry of Justice and Home Affairs P. Sainzorig was appointed as the Government’s Special Representative for the company.

The Cabinet decided to terminate the special regimes imposed on those companies.

Procedures to Ensure Cyber Security Approved

Upon the approval of the procedures to ensure cyber security, a legal environment to mitigate cyber risks will be established, and prerequisite requirements and regulations for ensuring cyber security in activities of public and private organizations, preventing, detecting, and taking responses against cybercrimes will be introduced.

Brief News:

·    Draft Agreements on Air Service between the Governments of Mongolia and the United Kingdom of Great Britain and Northern Ireland, and the Governments of Mongolia and the Republic of Latvia were discussed and supported at the Cabinet session. The signing right was given to Minister of Road and Transport Development S. Byambatsogt.

·    "Amount of charges for foreign vehicles passing through the territory of Mongolia" and "Amount of charges for vehicles transporting goods exceeding the maximum permitted amount by using international and national highways and road facilities" have been set.

·     The 12th International Conference for Mongolists will be held in Ulaanbaatar, Mongolia in August 2023. A structure of an organizing committee for the Conference was approved.