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N.Enkhbayar stops hunger strike, freed on bail
May. 15 | Former Mongolian President N.Enkhbayar has been freed on bail a month after he was jailed on accusations of corruption. He had been on hunger strike just over 10 days to protest his innocence. N.Enkhbayar’s health condition is worsening says his...
English version of draft law on investment is released
May. 4 | After Chalco’s proposed bid of SouthGobi, the Mongolian government moved quickly to prepare a law that gave authorities a say in deals of this kind. This week a draft of the law was released and was unofficially translated into English. Draft LAW...
Mongolia to control investment by foreign state owned firms in strategic assets by new law
Apr. 30 | The Mongolian parliament is discussing a law that will control investment by foreign state owned firms in strategic assets says unofficial source. This new law could potentially stop Chalco’s bid to buy a controlling stake in SouthGobi Resources...
S.Ganbaatar made a request to the Prime Minister
Apr. 30 | Petroleum importer companies have increased the price of petroleum by MNT 210-260 (about 25%) on 7th of January. Inspections were carried out by the Authority for Fair Competition and Consumer Protection (AFCCP) and reported that the petroleum companies...
The Parliament election will be held on June 28
Apr. 26 | The Parliament election will be held on the 28th of June, approved today by the State Great Khural meeting. 53 votes were collected in the meeting out of 62 MPs with 85.5% voting in favour. The date of the Parliament election was presented by the General...
New airport will reach its full capacity in 2019
Apr. 24 | A new airport is being built in Khusigt valley, where the first airplanes were taken off and landed i n 1957. Khusigt valley is located in 60 km distance from the capital UB. Prime Minister S.Batbold took part at the airport foundation lay ceremony on...
Prime Minister receives Prince Michael of Kent
Apr. 17 | His Royal Highness Prince Michael of Kent has arrived in Mongolia on the 14th of April at the invitation of Mongolian Prime Minister S.Batbold. Today, Prince Michael of Kent was received by S.Batbold, Prime Minister of Mongolia. The Prime Minister thanked...
Oyu Tolgoi raises environmental fears
Apr. 16 | Oyu Tolgoi the copper and gold mine, co-owned by Vancouver-based Ivanhoe Mines Ltd. and the Mongolian government, is expected to balloon the Central Asian country’s GDP — an estimated $13.28 billion in 2011 — by more than 30 per cent when it starts...
Lithuanian Deputy Minister of Foreign Affairs will visit Mongolia
Apr. 11 | Lithuanian Deputy Minister of Foreign Affairs Asta Skaisgiryte bade farewell to outgoing Ambassador of Mongolia to Lithuania Otgony Dambiinyam and discussed increased cooperation of Lithuania and Mongolia. The ambassador thanked the deputy minister for...
