December 23, 2016
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MPP Caucus Chair says Mongolia's political relationship with China is set to improve

Summary: Mongolian representatives led by Chair of the MPP Caucus D. Khayankhyarvaa paid an official visit to the People’s Republic of China. D. Khayankhyarvaa held a press conference to address public opinions about the visit. D. Khayankhyarvaa stated, “During the visit to China, we delivered a letter from the Prime Minister for the Premier of the People’s Republic of China. The main content of the letter was about improving the political relationship between the two countries, and covered three main principles. Mongolia supports the 'One China' agenda, and Mongolia has separation of church and state. Even though the Dalai Lama was not invited by the Government of Mongolia, the government will pay special attention to the Dalai Lama’s visit. Considering the current economic situation, it is vital to keep good political and economic relations with one of our main economic partners.” D. Khayankhyarvaa noted that following the delivery of the letter, the political relationship between the two countries is set to improve.

Keywords: bilateral relations, China   The Official Gazette /page 2/

Amendments to the Law on Combating Domestic Violence approved

Summary: Parliament approved amendments to the Law on Combating Domestic Violence with an 86% vote. The law will take effect on February 1, 2017. With the approval of the amendments, the first case of reported abuse will be regulated by administrative law and repeated offenses will be treated as criminal offenses and punished accordingly.

Keywords: legal reform, domestic violence, public safety    The Century News /page 1/


Tavan Tolgoi project representatives meet with investors

Summary: A meeting to finalize a cooperation agreement for the Tavan Tolgoi project was held between the government's Taval Tolgoi working group and the project's investors. According to some sources, the two sides were not able to reach a clear consensus on the terms of the agreement. The investors say that the government's requirements are too great, and Energy Resources, China Shenhua Energy and Sumitomo Corporation are set to send a written statement from their consortium. The working group representing the government required the investment consortium to agree to contract fees, to only hire domestic suppliers and contractors, and to agree to raise cooperation fees.

Keywords: Tavan Tolgoi   Today /page 1/

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The State’s physical assets have nearly doubled since 2012

Summary: The Government Agency for Policy Coordination on State Property reported that the total value of state property is around 30 trillion MNT. Every four years, the Government Agency for Policy Coordination on State Property conducts an inventory of state property. According to the report, the amount of the state's physical assets increased by 1.8 times compared to 2012.  The 2016 report revealed that one third of the inventory was buildings, and that its 20,700 buildings (valued at 345 billion MNT) were fully depreciated.

Keywords: state property, government spending, economy

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The American Chamber of Commerce in Mongolia · 8F Naiman Zovkhis Building 21 Seoul Street · Ulaanbaatar, 01 14251 · Mongolia