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Daily NEWSWIRE
July 18, 2018
S P O N S O R 
Government

Deputy Prime Minister takes part in United Nations forum on sustainable development

Summary:

From July 16 through 18, Deputy Prime Minister U. Enkhtuvhin attended the high-level political forum on sustainable development organized by the Economic and Social Council of the United Nations. Deputy Prime Minister U. Enkhtuvhin noted in a  speech that Mongolia approved its Sustainable Development Vision 2030 in 2016, and that Cabinet has taken important steps, including the development of policies, plans and projects, to ensure the vision's implementation. During the forum, participants reviewed progress made in acheiving sustainable development goals. At the end of the meeting, a ministerial declaration will be adopted. During the forum, Mongolia, in collaboration with Armenia, Colombia, and Switzerland, held a dialogue under the theme “Investing in disaster prevention activities to create sustainable and resilient societies”.

Keywords: United Nations, multilateral platform   Daily News /page 2/


President Kh. Battulga supports the call for an irregular session of Parliament

Summary:

On July 10, 26 Members of Parliament submitted a request calling for an irregular session of the State Great Khural. President of Mongolia Kh. Battulga sent an official letter to Speaker of Parliament M. Enkhbold regarding his stance on the issue. The President wrote, “In my capacity as a head of the state, I met with province and capital residents in person and listened to their concerns. The public mentioned growing social injustice, corruption, and bureaucratic issues, and criticized actions being taken against such misconduct. Some Members of Parliament with the same view have proposed the convening of an irregular session of Parliament. Therefore, it is imperative to call for an irregular session of Parliament.”

Keywords: Parliament, legislative process   The Century News /page 2/


Mongolian Ambassador to Qatar presents his letter of credence

Summary:

On July 17, Ambassador Extraordinary and Plenipotentiary from Mongolia to Qatar Z. Chintushig presented his letter of credence to Deputy Emir Sheikh Abdullah bin Hamad Al-Thani of the State of Qatar. During the meeting, Ambassador Z. Chintushig acknowledged that he will focus on strengthening bilateral commerce, investment, cultural, and education relations during his diplomatic mission. Deputy Emir Sheikh Al-Thani expressed his support for fostering comprehensive friendly bilateral relations between Mongolia and Qatar.

Keywords: bilateral relations, diplomacy   Today /page A2/


online story  

Coal and Iron Ore prices likely to fall in the long-term  

Summary:

The Bank of Mongolia (BoM) released its Inflation Report as of June 2018. It was noted in the foreign economic and commodity price section of the report that commodity prices have been set at a higher level due to stable global economic expansion underway. Renewable energy production in China will, however, surge in the long-term so that coal and iron ore prices on the global market will fall as a result of supply factors. It is forecasted that the pace of China’s economic growth will gradually slow down, resulting in lower foreign demand. Protectionist trade policies, geopolitics, and sanctions might also pose risks to international trade.

Keywords: commodity prices, global market, BoM   www.gogo.mn


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