Home 2016-10-27T05:27:35+00:00

MIAT leases two new Boeing 737 MAX 8 aircraft, delivery expected in 2019-2020

MIAT Airlines, Mongolia’s national carrier, has signed long term leases for two new Boeing 737 MAX 8 aircraft, with delivery expected in late 2019 and early 2020. US Ambassador Jennifer Galt and Scott Grimsby, Boeing Asia Sales Director and a member of the NAMBC board of directors, participated in the signing ceremony in Ulaanbaatar with MIAT CEO Tamir Tumurbaatar in late March. The lease was finalized by Air Lease Corporation on April 18.  These brand-new Boeing planes continue MIAT’s commitment [...]

April 19th, 2017|

Last chance to register for 27th NAMBC AGM & Investors Forum, April 26-28; panels on outlook for Trump Asia policy, prospects for renewed Mongolian growth, 8 US Ambassadors discuss 30 years of bilateral relations; opening reception, April 26; full agenda and schedule

With the theme of “Mongolia rises again,” the NAMBC’s 27th AGM & Investors Forum opens on the evening of Wednesday, April 26, with a reception hosted by Ambassador Bulgaa Altangerel at the Mongolian Embassy in Washington DC commemorating the 30th anniversary of US-Mongolia relations. Working sessions will be 9:00 AM to 5:00 PM on Thursday, April 27, at the Residence Inn Pentagon City Arlington, adjacent to Washington’s Reagan National Airport. Links to the full agenda and a registration form follow [...]

April 12th, 2017|

US Embassy’s Leaders Advancing Democracy (LEAD) Program invites applications from young Mongolians, deadline is May 14, 2017; Opportunities offered for corporate sponsorship

Applications are invited for the 2017 LEAD Mongolia In-Country Thematic Program, sponsored by USAID and the US Embassy and implemented by World Learning NGO. LEAD Mongolia is open to applicants between the ages of 25 and 40 who are able to articulate their unique vision for positive democratic development in Mongolia. Deadline for applications is May 14, 2017. Detailed information about the program, participant criteria, and instructions for submission are included in the online application: https://form.jotform.me/70190707807457. Direct any questions to [...]

April 20th, 2017|

Dancing Against Violence: Canadian Embassy Supports Girls’ Rights in Mongolia

The Canadian Embassy to Mongolia has made it a priority to promote the rights of girls in Mongolia, speaking out against violence and supporting projects related to the annual International Day of the Girl Child (October 11) through the Canada Fund for Local Initiatives. In one recent initiative, to bring the voices of girls to the ears of the country’s decision-makers, the Canadian Embassy supported the Princess Centre of Mongolia in engaging thousands of girls and young women in the protection [...]

April 20th, 2017|

Full text of latest 2017 IRI poll of Mongolian voters, sponsored by Global Affairs Canada

A new nationwide poll, based on 5000 face-to-face interviews, has been released by the International Republican Institute’s (IRI) Center for Insights in Survey Research. The new survey reveals a decline in the optimism reflected in IRI’s August 2016 post-election poll, and reinforces public concerns over the economy and corruption. The project was funded by Global Affairs Canada. Derek Luyten, IRI regional director for Asia. “This poll indicates that the honeymoon period is over.” A link to the full text follows [...]

April 18th, 2017|

Mongolia glitters at Mines & Money Hong Kong 2017 as Erdene Resource Development wins coveted award for Best Exploration Mining Company of the Year

Erdene Resource Development Corp.(ERD) beat out four other high-profile contenders to win the “Best Asia-Pacific Exploration Mining Company of the Year” at the Mines & Money Conference Hong Kong  on April 5. This marked the 10th year this prestigious prize has been awarded to a "noteworthy exploration success in the past year in either greenfield or brownfield discoveries." The award is conferred by a panel of 16 judges drawn from the senior ranks of industry leaders,  including APAC, Ballingal, CIBC, [...]

April 12th, 2017|

Hogan Lovells publishes free analysis of Mongolia-Japan EPA/FTA; full texts

Mongolia’s first and only free trade agreement (FTA) is with Japan. The “Japan–Mongolia Economic Partnership Agreement” (EPA) inevitably has had various adverse impacts on exports to Mongolia from the US and Canada, because of preferential tariffs accorded to Japanese competitors of North American companies. Previous Mongolian Governments had consistently offered to start FTA negotiations with Washington and Ottawa.  Hogan Lovells (Mongolia) LLP has published a useful summary of the EPA, which was concluded in February 2015 and entered into force [...]

April 12th, 2017|

Canada-Mongolia FIPA investment accord in effect after ratification by Canadian Parliament, announced during PDAC; full text of agreement

On March 7, the Honourable François-Philippe Champagne, Canada's Minister of International Trade, met with His Excellency Tsedev Dashdorj, Mongolia’s Minister of Mining and Heavy Industry, on the sidelines of the annual convention of the Prospectors and Developers Association of Canada (PDAC) in Toronto to jointly announce that the long-awaited Canada-Mongolia Foreign Investment Promotion and Protection Agreement (FIPA) has entered into force, following its recent ratification by the Canadian Parliament. This agreement will lead to a more transparent and predictable regulatory environment [...]

March 13th, 2017|

Colorado company Wagner Asia celebrates 20th anniversary in Mongolia with “20 Years, 20 Good Deeds” for its extended Mongolian family; full text of CSR report

Denver-based Wagner Asia, one of the earliest and currently the largest American investor in Mongolia, celebrated its 20th anniversary of establishment in Mongolia in 2016 with yet more good deeds as part of its continuing core commitment to corporate social responsibility and sustainability for its extended Mongolian family. A link to the full text of Wagner's CSR Report follows below. Best known as Caterpillar’s exclusive dealer in Mongolia and a major factor in mining expansion, Wagner Asia observed their anniversary [...]

March 15th, 2017|

US State Department issues annual global Human Rights Report for 2016; full text of Mongolia Country Report

The US State Department released its annual report to Congress on the state of human rights across the globe on March 3. The department has been mandated by Congress to annually report on all countries receiving assistance since 1961 and on all United Nations member states since 1974. A link to the full text of the Mongolia section follows below. The executive summary of the Mongolia country report included the following findings: "Parliamentary elections in 2016 and the presidential election [...]

March 13th, 2017|

Mongolian Ambassador to Canada R. Altangerel honored by President Elbegdorj with highest diplomatic award

As part of the annual Tsagaan Sar honors list, President Ts. Elbegdorj bestowed the nation's highest diplomatic award on His Excellency Radnaabazar Altangerel, who has served as Mongolia's ambassador to Canada since May 2014. Ambassador Altangerel received the permanent life-time title of "Ambassador Extraordinary and Envoy Plenipotentiary of Mongolia." He will be a speaker the NAMBC's 27th Annual Meeting & Investors Forum on April 27 in Washington DC. Minister of Foreign Affairs Ts. Munkh-Orgil was similarly honored by the President; [...]

March 13th, 2017|

US-Mongolia Transparency Agreement ratified at Washington on January 18, effective March 18; covers trade, FDI, bribery, corruption

More than three years after it was signed in September 2013 by US Trade Representative Michael Froman and then-Foreign Minister Lu. Bold, the US-Mongolia Transparency Agreement was finally ratified on Wednesday, January 18, at a Washington DC ceremony at which letters by Ambassador Froman and Mongolian Ambassador to the US Bulgaa Altangerel were exchanged certifying that both the US and Mongolia have completed their respective legal requirements to implement the agreement. Formally known as the "Agreement on Transparency in Matters [...]

January 20th, 2017|

US Embassy and Ministry of Foreign Affairs unveil logo for 30th anniversary of US-Mongolia diplomatic relations

On December 23, 2016, US Ambassador to Mongolia Jennifer Zimdahl Galt and State Secretary of the Ministry of Foreign Affairs D. Davaasuren unveiled the official logo for the 30th anniversary of US-Mongolia diplomatic relations. The US Embassy last year organized a competition to design the logo. Ch. Altangerel’s design was selected out of over 160 submissions. Altangerel’s logo will be featured throughout 2017 at programs and events marking the 30th anniversary. Altangerel joined Ambassador Galt and State Secretary Davaasuren at [...]

January 10th, 2017|