Donald Trump signs a visa-free travel policy for Mongolia

The United States President, Donald Trump has signed an executive order to allow all Mongolian nationals travel to the United States without visas. The new order, serving as a change in visa policy for Mongolians travelling to the United States, would permit  them stay in the U.S for a maximum period of 180 days for Tourism or Business purposes...
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Japan, Mongolia ink extensive cooperation accord

Foreign Minister Fumio Kishida and his visiting Mongolian counterpart, Tsend Munkh-Orgil, signed on Wednesday a bilateral medium-term action plan for 2017-2021, including cooperation in the political, security and economic fields. The action plan states that Tokyo and Ulan Bator will demand that North Korea completely abandon its nuclear arms and...
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After the IMF bailout package… What else?

Why the bailout? The Mongolia government has jointly announced with the IMF that it will implement the politically difficult – but inevitable – rescue package, and avoid becoming a delinquent international debtor. Let’s be clear – this is an aid package, at very low interest rates. It is also coming from long-term friends of Mongolia – the IMF/World...
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Russian, Mongolian experts to meet for discussion of power plants in Lake Baikal area

Russian environmental and scientific circles have repeatedly expressed their concerns about Mongolia’s plans to build three dams at rivers that feed Lake BaikalRussian environmental and scientific circles have repeatedly expressed their concerns about Mongolia’s plans to build three dams at rivers that feed Lake Baikal MOSCOW, March 13. /TASS/. Experts...
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Mongolian PM to visit Russia in first half of 2017

MOSCOW, March 13. /TASS/. Mongolia’s Prime Minister Jargaltulga Erdenebat will pay a visit to Russia in the first half of 2017, Mongolian Ambassador to Russian Banzragchin Delgermaa told TASS on Monday."At a meeting of the intergovernmental commission in Ulan Bator in 2016, we had a very efficient discussion of issues in all spheres, not only in the...
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Milbank Acts on Successful Exchange Offer and New Issuance by the Government of Mongolia

HONG KONG, March 14, 2017 /PRNewswire/ -- Milbank, Tweed, Hadley & McCloy LLP advised Credit Suisse and J.P. Morgan as dealer managers and initial purchasers in a US$600 million sovereign bond exchange offer and new issuance by the Government of Mongolia. The transaction was successfully completed amid highly challenging economic circumstances....
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Mongolia Investing Nearly $1 Billion To Develop Downstream Capabilities

The proposed refinery, to be located in the Sainshand soum (district) in the province of Dornogovi, is forecast to cost around $700m, with a further $264m to be spent on pipelines needed to bring crude to the plant from local fields. A decent proposal According to the proposal, which was approved by the Cabinet at the end of last year, the facility...
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