Mongolia Business and Mongolian Daily Business News

Some say that N.Enkhbayar, former President will come back to life of Politics by getting elected in Chingeltei district but some denies this as PM S.Bayar and MPRP will not support the former president. MPRP have formed a working group for this election lead by Ts.Sukhbaatar, secretary of MPRP. The working group has made surveys and researched about the possible candidates. The report from the working group revealed that residents want younger MP with great knowledge and education. Some of the residents wrote “No N.Enkhbayar please” on the back of the survey sheet. Possible candidate from MPRP was U.Khurelsukh, Secretary General of MPRP but he rejected this. In terms of MPRP the possible candidates are Ch.Gankhuyag of Khas Bank and G.Munkhbayar, Mayor of the City. Read the rest of this entry »

MPRP election staff including PM S.Bayar and President N.Enkhbayar congratulate to Mr. Elbegdorj for his victory for the Presidential election. MPRP informed during the press conference at the Government House that “… MPRP never denies rightful choice of the Mongolian people before, now and in the future, therefore, we would like to congratulate Mr. Elbegdorj for his victory in election…” Read the rest of this entry »

MPRP had supported the current president N.Enkhbayar to be a candidate for this Presidential election. N.Enkhbayar had successfully collected all 175 votes from the members of the MPRP to be a candidate. S.Bayar, Chairman of the MPRP said that they have spoken to 8 possible candidates from the MPRP and named N.Enkhbayar, former candidate in 2005.

Dem Party also held a meeting with their National Consulting Committee earlier yesterday. G.Batkhuu had pulled his name out and 224 members of the National Consulting Committee have voted for Ts.Elbegdorj and E.Bat-uul. Ts.Elbegdorj had won the election taking 65.3% of all the votes. Ts.Elbegdorj will formally be a candidate and the decision will be ratified later. Read the rest of this entry »

The meeting of leaders of the political parties and the President were held once in 2006 and 2007 and twice in 2008. This annual meeting of leaders of political parties that have seats in Parliament has been held at the initiative of N.Enkhbayar, President of Mongolia. S.Bayar, PM and chairman of the Mongolian People’s Revolutionary Party, D.Lundeejantsan, head of the MPRP, G.Batkhuu, Vice speaker of the Parliament, D.Enkhbat, leader of the Green party and other leaders of the parties were at present.

Leaders of all the parties have expressed their views on the current problem which is the economic recession. The Civil Will Party stated that deposit of Tavantolgoi and Oyutolgoi are the solution to the crisis. Most Parties have agreed to the point ‘should overcome the economic crisis with minimum losses’ which was made by the Chairman of MPRP. Read the rest of this entry »

President meets with Goldman Sachs delegates, photo courtesy of www.gogo.mn

President N.Enkhbayar received delegates of Goldman Sachs, led by Mr. Bach Ruchford, the Executive Director of Goldman Sachs. The main topic of the meeting was the exchange of point of views on possibilities of investing in major mining projects of Mongolia and its principles. Read the rest of this entry »

The presidents of Vietnam and Mongolia Thursday agreed to strengthen their traditional friendship and develop the scope of economic ties.

During talks between visiting Vietnamese President Nguyen Minh Triet and his Mongolian counterpart Nambaryn Enkhbayar in the capital of Ulaanbaatar, the leaders agreed the relationship between the two countries was still “modest.” Read the rest of this entry »

Mr. Yu Myung-hwan, Minister of Korean foreign affairs trade visited Mongolia at the invitation of the Minister of Foreign Affairs S.Oyun during 12th and 13th of September. This is the first MFA visit to Mongolia since 1998. At the beginning of his visit, he visited the President of Mongolia N.Enkhbayar. Noting the bilateral amiable relations and cooperation of the two have been extended in all sectors via “Good neighborhood friendship and cooperation partnership” principles, the President mentioned that there were thousands of Mongols living and working in Korea and expressed gratitude for humanity services towards them. Read the rest of this entry »

The parliamentary session discussed the nominee to the Prime Minister of Mongolia and appointed S.Bayar to the position with 98.5 percent vote of 65 members out of 66, participated in the session. Also the Parliament resolution on appointing S.Bayar to the position was approved with 98,5 percent vote. Only Ts.Elbegdorj, former leader of the Democratic party, had opposite vote. D.Terbishdagva of MPRP, who has been against the Coalition Government until today’s session, vote for him at last.

After his appointment, S.Bayar delivered speech at the session, then President N.Enhbayar received him at his office.

Sanj Bayar:

Personal record:

Born in 1956, Ulaanbaatar, Mongolia Read the rest of this entry »

As a result of last parliamentary election which held on June 29, MPRP has a majority in State Great Khural, but party refused to implement its power alone and made an agreement with opposition Democratic Party on coalition government. Yesterday, S.Bayar, 52, Chairman of MPRP and current prime minister of Mongolia, nominated by MPRP for prime minister of new cabinet. President received Yo.Otgonbayar, General Secretary of MPRP and L.Amarsanaa, Secretary of MPRP, and stated that he will make necessary steps in 5 days according to the constitution of Mongolia.

Foreign Minister Yu Myung-hwan will leave for Russia Tuesday to pave the way for President Lee Myung-bak’s visit to Moscow later this fall.
For the next three days, Yu will meet with Russian Foreign Minister Sergey Lavrov and other officials to discuss Lee’s itinerary.
Yu and Russian officials will also discuss ways to expand bilateral cooperation, including the development of Russia’s Far East and Siberian regions. North Korea’s nuclear issue will also be on his agenda.

On Friday, Yu will head to Mongolia for a two-day visit. He will meet with Mongolian President Nambaryn Enkhbayar and Prime Minister Sanjaa Bayar.
Yu will seek to strengthen cooperation with Mongolia’s new government and ask Mongolia to allow Korean firms to take part in its resource development projects.

SOURCE: KBS