Ulaanbaatar
Discussion on “Electronic Trading of Export Coal” Organized Successfully
Economy
Ulaanbaatar, March 1,
2023 /MONTSAME/.
To set actual market prices of coal and ensure accurate, and prompt delivery of
trading information to sellers, buyers, and other participants, the discussion
on “Electronic Trading of Export Coal” was held successfully at Premier Tuushin
Hotel on February 27.
Within the “Procedure on
Electronic Trading of Export Coal” framework approved by Resolution No. 466 of
the Government of Mongolia, export coal that meets “Coal Classification MNS
6457:2022” will be traded in an open, transparent, and fair method. It will
establish the prerequisites for fair market price determination and accurate
and timely trading information delivery to all stakeholders, including buyers,
sellers, and other parties.
The Minister of Mining
and Heavy Industry J. Ganbaatar, the Head of National Committee for Port
Revitalization Kh. Bulgantuya, Financial Regulatory Commission Deputy Chairman
T. Tserenbadral, CEO of the Mongolian Stock Exchange Kh. Altai opened the discussion.
The Director of the Business Development Department T. Khash-erdene presented
the regulations and instructions for regulating coal trading.
