Mongolia joins summit members to condemn Israel over Gaza raid

Mongolia joined several l leaders from the Middle East and Asia to condemn Israel"s raid on a Turkish aid ship bound for Gaza at a summit in Istanbul on Tuesday, calling on the Jewish state to end its "inhuman" blockade of the Palestinian territory, according to a report by Reuters. All members of the Conference on Interaction and Confidence Building Measures in Asia (CICA) except Israel itself denounced it for last week"s raid. President Ts. Elbegdorj led the Mongolian delegation to the summit.

A final declaration of the 20-member forum issued at the end of the two-day summit omitted any reference to Israel, which as a fellow member had objected to such mention, but Turkish President Gul, who was also acting as chairman of CICA, read a separate declaration in which all members except Israel criticized Israel"s actions.

CICA has been a low-key forum until now, but the timing of the conference and the list of attendees transformed it into a platform for countries to launch verbal attacks against Israel and issue pledges of Muslim brotherhood. Its members include: Afghanistan, Azerbaijan, China, Egypt, India, Iran, Israel, Jordan, Kazakhstan, Kyrgyzstan, Mongolia, Pakistan, Palestine, Republic of Korea, Russia, Tajikistan, Thailand, Turkey, United Arab Emirates and Uzbekistan.
source:www.news.mn
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Hunnu Coal acquires 60% interest in Tsohio coal project

Hunnu Coal has acquired a 60% interest in the Tsohio coal project, about 40 km from its existing Khuree 2 project. The Tsohio project has an exploration target of between 50 million tons and 75 million tons, and the company said it would embark on an “aggressive exploration” program.

Meanwhile, a mapping and geophysics program was in progress at the Khuree 2 coal project, with the aim of identifying coal seams, which would be followed by a drilling program, starting in July. Hunnu was conducting a mapping and geophysics program also at the Tenuun 2 coal project, about 80 km from the Tsohio project. A single vertical drill hole has intersected three coal seams, with a combined true thickness of 12 meters.

The company would be undertaking detailed exploration on the three projects over the coming months, as part of its coking and thermal coal exploration strategy aimed at making it a “major force” in the exploration and development of coking and thermal coal deposits in the South Gobi project.
source: www.news.mn
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S.Ganbaatar: Salary increase will not led to inflation if right policy is followed

S.Ganbaatar, President of the Confederation of Trade Unions, thinks the regular criticism by certain people “at the decision making level in government” that the 30% salary rise for public servants will lead to price increase is “more politically motivated than economically valid”. Inflation and price rise can be kept in check “by following correct monetary and fiscal policies and by implementing proper administrative measures, and not by denying hard working citizens basic remuneration”.

A lethargic government does not react to what is very clear. Most salaried people are “kept alive by drips”, while the law prohibiting unfair competition is still not passed. People expect the government and the people they have sent to Parliament to help them find employment, and live at a level somewhat above mere subsistence, but all they find is opposition to any means to resolve their problems.

Ganbaatar said independent studies reject the claim that increased wages would raise prices, and referred to a proposal mooted two years ago to set up a mechanism to monitor the movement of price bubble in various sectors, and demanded to know why this has not been set up. He was sure the amount needed to pay increased salaries could be found if those who made substantial and often huge profits by manipulating prices were heavily fined. Since this money was already in the market, there would be no inflation. He wondered if it was fair to allow some people to jack up prices at will, and at the same time not allow ordinary purchasers access to the extra money needed to buy goods and services at that higher rates.
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U.S. company opens talks with MonAtom on jointly working in uranium sector

U.S.-based Mongolia Forward has opened talks with MonAtom, Mongolia’s State-owned uranium development company, to form a joint venture to explore, mine, and process uranium in Mongolia. In accordance with the recently enacted Mongolian Nuclear Energy Law, MonAtom will own 51% of the project.

Leo A. Giacometto is Chairman and CEO of Mongolia Forward. He and another company of his, GAGE International, are key advisors on multiple projects in Mongolia including the joint venture between PepsiCo International and GN Beverages, and Gemnet, an Internet service provider.

Promising that Mongolia Forward will bring the world’s best standards and practices to Mongolia’s uranium mining sector, Giacometto has said in a statement, “We intend to work side by side with MonAtom and the Mongolian Government to create a successful and sustainable uranium fuel sector in Mongolia.”

Mongolia Forward has several Mongolian businessmen on its Board of Directors, along with uranium mining professionals, and political and financial notables, such as John Bolton, former U.S. Permanent Ambassador to the UN.

source:www.news.mn
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EU to assist Mongolia in aftermath of Zud disaster

The Acting Head of the European Union Delegation to Mongolia and China Dr. Michael Pulch called today on Prime Minister S.Batbold to announce an extra contribution of two million EUR for Dzud relief activities. Mr Pulch was accompanied by resident Ambassadors of EU Member States.

This aid package comes on top of emergency support of 150 000 EUR provided by the European Commission in January and significant bilateral contributions of individual EU Member States. The aid will be used to finance projects on food security, livelihood and health status of vulnerable herder families. Prime Minister S.Batbold thanked the EU for this specific support which will help Mongolia to address the devastating impact of the Dzud disaster. Moreover, this gesture underlined the excellent relationship between Mongolia and the European Union. Good progress has been made in recent years to intensify relations and the Partnership and Cooperation Agreement, currently negotiated will be another important step in that regard.

Source:The EU technical office in Ulaanbaatar, Mongolia

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MPs criticize bond sales in 2009

The general reaction of MPs to the government’s performance in regard to the economy last year was one of dissatisfaction as Parliament discussed in Friday a report on execution of the general budget of 2009 and another report by the National Audit Agency on the budget. The reports put the budget income at MNT1 trillion 994 billion, or 32.9 percent of GDP, while expenses stood at MNT 2 trillion 336.6 billion, or 38.6 percent of the GDP.

The report said the main reason why income fell short of the estimated MNT 2 trillion 78.5 billion, was that the quantum of tax revenue was MNT 189.5 billion less than expected, because of fluctuation in currency exchange rates. Besides, the recession led to 24,510 companies closing down or failing to make a profit. Some, including state-owned companies or joint ventures, did not pay tax, with no clear legal justification. The report claims Ulaanbaatar Railway, jointly owned by Mongolia and a Russian State-owned company, should have paid MNT 806 million, the Mongolian Stock Exchange MNT 27 million, and Mongolshuudan Bank MNT 125 million, while Mongolbank did not distribute any dividends.

The Government sold bonds to keep itself going. According to the National Audit, a total of MNT 446 billion worth bonds were traded in 2009, way above the figure for the year before. This meant the government paid 2.7 times more as interest. A cross section of MPs criticized the way MNT 219 billion was taken from the Mongolia Development Fund to cover the budget deficit, calling it “extremely poor financial management”. They also said this was one reason behind the inflation, the fall in MNT value, and general economic weakness.

Finance Minister S.Bayartsogt defended the sale of bonds by saying the Government had no choice. MNT 90 billion of bonds were sold to meet constant budget expenses, MNT 6 billion more raised the money to provide apartments to government employees, and another MNT 75 million was spent on providing support to gold miners. He justified these by saying the Government expected demand for apartments to revive construction companies, and increased gold production would replenish foreign currency, arresting the fall of MNT and halting inflation. Since there were no savings from the past when the country had spent all that it earned, the Government could stave off a crisis only by selling bonds and seeking help from the IMF and the World Bank to meet a shortfall of MNT 700 billion.

He reminded MPs that another reason why the Government sold bonds was to save Zoos Bank from going bankrupt. This required MNT 100 billion. He said the Government had been unaware that Ts.Myanganbayar of Mongol Gazar had mortgaged the company’s Olon Ovoot license with Anod Bank.
source: www.news.mn
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Manas Petroleum plans gravity survey of oil blocks in Zuunbayan, Tsagaan Els

Switzerland-based Manas Petroleum Corp. has planned an upcoming gravity survey to prepare a 300-km seismic campaign on blocks 13 and 14 in Mongolia. Manas is debt free and believes that it will be able to meet with the existing funds all its cash requirements planned for the next 12 months.

Manas" team of geologists and geophysicists in Ulaanbaatar has initiated the re-interpretation of existing geological data. A plan for environmental protection and restoration has been prepared but is subject to the approval of the Ministry of Environment in Mongolia. Data from a total of 451 existing wells drilled in the Zuunbayan and Tsagaan Els oil field areas and in the company"s prospects has been collected. All well data was translated from Russian and Mongolian into English for analysis by international experts.

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Petro Matad faces another frustrating delay in Dornod

Shareholders in Petro Matad Limited, the explorer targeting frontier lands on the Mongolian-Chinese border, must be wondering what next will come between them and the company’s first well on the Davsan Tolgoi prospect. First, it was an unusually long and severe winter that forced a suspension of operations on Block XX in Mongolia; now an outbreak of foot-and-mouth disease has led to a blanket vehicle and personnel movement ban in the Dornod aimag, site of the DT-1 well site.

This is frustrating for shareholders who, after a heady run-up in shares in the build-up to the company’s first drilling operations, have had to be contented with dribs and drabs of newsflow concerning internal team and governance building ever since severe weather conditions forced the company to shut-up shop in November. Petro Matad wasn’t the only operator to hibernate its operations earlier than expected; PetroChina subsidiary, Daqing Oilfield, which runs an aggressive drilling operation, had a similar fate.

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MEC offers new contract to Leighton Asia to develop and operate Khushuut mine

Mongolia Energy Corporation has awarded Leighton Asia an AUD273-million, 6-year contract to develop and operate the Khushuut coal mine project in western Mongolia. This is the second contract that MEC has awarded to Leighton Asia in western Mongolia. The contract is based on a mine plan which ramps up to an initial 3 million tons of coking coal per year and includes 48.5 million cubic meters of material movement and anticipated ramp up to 5 to 6 million tons or more of coking coal per year. Leighton Asia is responsible for all mining activities including load and haul of waste, load and haul of coal, drill and blast, mine planning, technical support, site camp management and catering services. In November 2009, Leighton Asia was awarded the contract to provide an initial 3 million tons per annum mine plan study.

Leighton Asia Managing Director Hamish Tyrwhitt said, "This award represents an important milestone to our business in Mongolia bringing our total number of mines to 3. Our work in hand at Leighton Asia has now reached a record level of AUD6 billion." MEC Chief Executive Officer James Schaeffer Jr. said, "This award represents completion of a major step forward in the implementation of our business model as an energy and resources developer. Our selection of Leighton as mining contractor will assist in the efficient and professional development of our initial project at Khushuut and demonstrates MEC"s commitment to building professional and local relationships for further projects."
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Mongolian girl’s murder trial begins in California

The trial of former Oakland High School student Quochuy "Tony" Tran for the murder of Ichinkhorloo "Iko" Bayarsaikhan is being held in Oakland, California. The 15-year-old girl, who had moved to the U.S. from Mongolia three years earlier, had no idea that Halloween night in 2007 "would be her last day on earth," a prosecutor told jurors Thursday.

Deputy District Attorney Tim Wellman charged Tran, who was 16 at the time and is now 19, with "robbing Iko of her life”, bringing it "to a brutal and abrupt end" by shooting her during an attempted robbery at a park at about 10 p.m. on October 31, 2007.

Wellman said Iko and a group of nine friends were hanging out in the park when they were approached by Tan and a group of five of his friends. Iko"s brother was among her group and he was celebrating his 17th birthday that evening by drinking alcohol in the park, Wellman said.

One of Tran"s friends was carrying a .22-caliber rifle, which he had brandished when he got into a verbal confrontation with some girls prior to the encounter with Iko"s group of friends. That friend then gave the rifle to another member of their group who fired four warning shots into the air during the attempt to rob Iko and her friends, Wellman said.

But he said some of Iko"s friends thought that the gun wasn"t real because it didn"t make a loud sound, so they walked toward Tran and his friends. Wellman said Tran then grabbed the gun and fired a single shot that killed Iko who, he said, was "a defenseless victim" who posed no threat to him because her back was turned to him.

Iko screamed and fell to the ground after she was shot, he said. The bullet entered her back, went through her left lung and ripped through her heart, according to Wellman. She was pronounced dead at hospital around 11 p.m.

The murder weapon was never found, but five bullet casings were found that are consistent with the prosecution"s theory that Tran"s friend fired four shots into the air and Tran fired the shot that killed Iko, Wellman said. Tran and five of his friends were arrested after the shooting and they all were charged with murder in connection with the shooting because Iko"s death occurred during an attempted robbery, Wellman said.

The other five defendants were convicted of murder in juvenile court. Tran is the only one being prosecuted as an adult.

Iko"s mother, Uranchimeg Khishigdorj, cried during portions of Wellman"s opening statement. Other family members and friends of Iko also were present, as were several of Tran"s family members.
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Deputy PM meets international defence delegates


[Mongolian Minister for Defence Luvsanvandan Bold calling on Deputy Prime Minister and Minister for Defence Teo Chee Hean.]

DEFENCE ministers and senior officials from Mongolia, Chile and the Philippines met with Singapore's Deputy Prime Minister and Minister for Defence Mr Teo Chee Hean today.

They were attending the Shangri-La Dialogue, a meeting with 28 nations and 320 delegates on defence priorities and challenges delivered by Asia-Pacific regional powers and key international players.


The Defence Ministers from Australia, Malaysia, New Zealand, Singapore and the UK also met this morning for an informal Five Power Defence Arrangements (FPDA) Defence Ministers' Meeting to exchange views on regional security and developments.

Mr Teo also hosted a second luncheon for participating ministers and ministerial representatives at the conclusion of the Dialogue.

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Frontier Securities Present The Mongolia: Capital Raising Conference, June 15-16, 2010

Ulaanbaatar, Mongolia, June 3, 2010 - (ABN Newswire) - Frontier Securities is organizing an annual conference, under the title "Mongolia: Capital Raising", which will be taking place at Chinggis Khaan Hotel, Ulaanbaatar, on June 15-16, 2010.

This annual conference focuses on capital raising by Mongolian private sector as well as the Mongolian government by way of privatization and/or sovereign bond issue.

Relevant to this, our conference will focus on introducing to Mongolian companies ways to raise capital in foreign soil, specifically Hong Kong Stock Exchange, London Stock Exchange, Tokyo AIM, Korean Exchange (KRX) and others.

Taking this opportunity, we welcome variety of professionals and business partners in the world's financial centers. This is a perfect chance to get acquainted, present yourself about all the promising possibilities to invest or to be invested and cooperate; to meet, communicate and expand your network between foreign expatriates and local representatives and companies. Mongolian businessmen can meet with major foreign stock exchanges, investment banks, investors and other various types of professionals in the markets.

Message from CEO:

This annual conference focuses on capital raising by Mongolian private sector as well as the Mongolian government by way of privatization and/or sovereign bond issue. This year these opportunities have become exponentially abundant, as Mongolia is aggressively emerging from severe economic crisis last year and its mining sector is about to boom.

Relevant to this, our conference will focus on introducing to Mongolian companies ways to raise capital in foreign soil, specifically Hong Kong Stock Exchange, London Stock Exchange, Tokyo AIM, Korean Exchange (KRX) and others.

Taking this opportunity, we welcome variety of professionals and business partners in the world's financial centers. This is a perfect chance to get acquainted, present yourself about all the promising possibilities to invest or to be invested and cooperate; to meet, communicate and expand your network between foreign expatriates and local representatives and companies. Mongolian businessmen can meet with major foreign stock exchanges, investment banks, investors and other various types of professionals in the markets.

This is an exciting year for Mongolian companies looking to expand abroad and also foreign investors looking for opportunities in Mongolia and we, at Frontier Securities, kindly provide this option via our annual conference in the heart of this frontier market.

Over the years, our conference has proved to besuccessful and helpful invarious ways. We are confident that this event will add genuine value to the decision-making by providing the necessary information and venue for networking.

Speakers include:
Oyun Sanjaasuren: Thomas W. Eastling:
Parliament Member & Former Managing Director - Asia Pacific/
Minister Foreign affairs/ American Appraisal China Limited
Government of Mongolia

Takou Kidokoro: Naomitsu Abe:
Ambassador/ Senior Manager - Asia Pacific/
Embassy of Japan The London Stock Exchange (LON:LSE)

Khangai Altai: Yutaka Ito:
COO, First Deputy Executive Chief Operating Officer/
Director/ Tokyo Aim Inc.
Mongolia Stock Exchange

Lawrence FOK: Batbayar Purevjargal:
Chief Marketing Officer/ Associate Banker, Natural Resources/
Hong Kong Stock Exchange EBRD
(HKG:0388)

Justin Reynolds: Patrick Loftus-Hills:
Managing Director - MD, Investment Banking/
Asia Pacific/ Ipreo LLC Joint Head of Asian Industrial Groups,
UBS Investment Bank (NYSE:UBS)

Rayon Chu: Jay Hyuk Lee:
Partner, Capital Market Assurance Manager/
Services/ Samil PricewaterhouseCoopers
PricewaterhouseCoopers

James Reichert: Graeme Hancock:
Senior Infrastructure Senior Mining Specialist/
Specialist/ The World Bank
The World Bank

Miguel Perez-Lafaurie: Jung-Suk Jo:
Asia Pacific Head of Head of Asia-Pacific/Europe/
Depository Reciepts/ Korean Stock Exchange
Citigroup Inc (NYSE:C)


Topics of Discussion Include:

- Privatization of State Owned Companies of Mongolia

- The importance of Hong Stock Exchange for Mongolian companies

- Raising capital in London Stock Exchange, Tokyo AIM

- Korean Exchange and through Depositary Receipts

- Outlook for mining in Mongolia and market prospects ofof key minerals of the country

- Mongolian money flows and investor relations

- Issuing the first Mongolian sovereign bonds

- Successfully raising capital in overseas markets

- Future investments in resroucesfrom China into Mongolia

For further information on "Mongolia: Capital Raising" Conference, speakers/panelists and sponsorship/exhibition details, please refer to the following links:

Frontier Securities Homepage:
http://www.frontier.mn

Frontier Securities Presentation:
http://www.abnnewswire.net/media/en/docs/63013-Frontier-brochure.pdf

"Mongolia: Capital Raising" Brochure:
http://www.abnnewswire.net/media/en/docs/63013-Mongolia-capital-raising-brochure.pdf

About Frontier LLC:

Frontier Securities is the first local Mongolian Securities firm with a global network and international expertise. Established by Masa Igata, Frontier has been given full-service securities related license by the Financial Regulatory Committee (FRC) of Mongolia. Frontier also has brokerage, dealing and underwriting licenses that are regulated by FRC. Since its establishment, Frontier's primary area of focus has been the cross-border investment banking business.

Contact:

Sponsorship/Exhibition
Nick / Narantuguldur Saijrakh
Tel: +976-7011-9999
Email: ni@frontier.mn

Masa Igata
Founder and CEO
Frontier Securities
Tel: +976-7011-9999
Fax: +976-7011-1991
Email: mifrontier@frontier.mn
www.frontier.mn
Source:

Frontier LLC
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Animal sterilization program to be over by June 15

The Government has allocated MNT 756.6 million for sterilization of animals. The National Emergency Commission met yesterday to review measures being followed to ensure that there is no further loss of animals, after 8.1 million of them died in the dzud. The livestock census last December put the number of herders’ animals at around 40 million.

The UNDP Representative Office has spent MNT 2.1 billion so far on sterilization in Dundgovi, Uvurkhangai and Khovd aimags. The program is expected to be finished by June 15.

With temperatures rising, enteroviral infections are also up, with 1183 cases registered until June 1, 626 of them in Ulaanbaatar. Almost all the infected are under 14. The Commission decided to run an advertising campaign on protective measures to be followed.

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MF representative meets Altankhuyag, Lundeejantsan, to warn against budget revision

IMF representative P.Ramlogan yesterday met with First Deputy Premier and Democratic Party head N.Altankhuag and the leader of Mongolian People"s Revolutionary Party group in Parliament, D.Lundeejantsan. He told both leaders that the IMF could not complete its mandatory annual review of the Mongolian economy until the fate of the proposed fiscal stability law was determined in Parliament.

Ramlogan emphasized that only a sustainable and effective macroeconomic policy would be able to reduce poverty and the rate of unemployment, and stressed the need to keep the budget deficit under 5 per cent of the Gross Domestic Product and to create a fund where all income in excess of budget estimates will be put for later use, instead of being spent immediately.

The IMF was of the view that failure to do either could lead to runaway inflation, and Ramlogan urged a review of the proposed budget revisions incorporating fresh programs of expenditure that would raise budget expenses by 17 percent. The IMF and other donor institutions may then be constrained to stop their assistance to Mongolia. Altankhuyag agreed with the analysis and said the government was trying to follow the IMF advice. He suggested that the IMF should also talk to party groups in Parliament.


Lundeejantsan told Ramlogan that a working group was presently discussing the budget revision programs. There had to be an improvement in people’s life but inflation also had to be under control. He said his group was ready to cooperate with the IMF.
source:news.mn
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Wen wants feasibility study on free trade area to begin

During his talks with Mongolian Prime Minister S.Batbold, Chinese Premier Wen Jiabao called for a feasibility study on a China-Mongolia free trade area, and the adoption of trade and economic cooperation in the development of mineral and energy resources. Wen, a former geologist, held talks with to promote cooperation in mineral resources development, infrastructure construction such as transportation development, finance, energy, and environmental protection.

Batbold said Chinese enterprises are welcome to expand investments in Mongolia, and participate in the development of mineral and energy resources. China is Mongolia"s largest trading partner and biggest source of investment, estimated to represent 40% of foreign investment in Mongolia.

China and Mongolia share a 4,676-kilometer border. Among the major mining projects located near that border is the Tavantolgoi coal project, believed to be the world"s largest undeveloped coking coal deposit. Believed to have coal reserves of 6.5 billion tons, it has attracted the attention of Australia"s BHP Billiton, India"s Jindal Steel & Power, Brazil"s Vale, U.S. coal miner Peabody, and China"s Shenhua Energy.

Since 2009 Shenhua has been building the Gan Quan Railway to transport coal from Tavan Tolgoi. The Mongolian government has suggested that successful bidders for the massive coal deposits must invest in infrastructure construction in the country as part of the deal.

Wen was expected to have discussed the issue of financing Mongolia"s mineral deposits during his visit.

China and Russia have both competed for Mongolia"s mineral and energy resources. Canadian junior Khan Resources has lost its licenses for the Dornod uranium property in Mongolia to Russia"s state-owned ARMZ Resources. Russian state-owned nuclear power company Rosatom won a large concession to mine uranium in Mongolia after a state visit from Russian President Dmitri Medvedev to Mongolia in August 2009.

Powerful Russian oligarchs also reportedly pressured the Mongolian government to give them a stake in Ivanhoe"s massive Oyutolgoi copper-gold project.

State-owned Russian Railways (RZD) also pushed for the concession to build the railway serving the Tavan Tolgoi coal project with the goal of transporting coal to help power development of the Russian Far West.
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Vegetarians Rebel Against Mongolian Meat Culture

By Andrew Cullen
An unlikely vegetarian movement is taking root in Mongolia, where livestock outnumber people 14 to 1, and annual meat consumption tops 200 pounds per person.

The first vegetarian restaurant in Mongolia, Ananda’s Cafe, opened in 2006. Today more than 20 vegetarian and vegan restaurants dot the capital, Ulaanbaatar, and a handful of others are scattered throughout the country. Ananda’s has launched a catering service, and another popular restaurant, Luna Blanca, now sells frozen faux-mutton dumplings in local supermarkets.

The vegetarian restaurateurs are mostly Mongolians. Many follow Christian and Buddhist-influenced spiritual movements that promote vegetarianism, some of them fringe foreign sects, such as the Indian-based meditation group Ananda Marga, and followers of the quasi-Buddhist Supreme Master Ching Hai, who promotes vegetarianism and veganism.

Mongolians are turning to vegetarianism “mostly because of health. Also because of meditation – they’re following this trend,” says Solongo, a former doctor for the United Nations, who like most Mongolians uses only one name. She estimates that vegetarians number around 30,000 or 40,000 throughout the country, just over 1 percent of the population. In the United States, about 3 percent of adults are vegetarian, according to vegitariantimes.com.

Increased trade with Russia and China, as well as expanding Internet access, are providing more information about alternative diets and nutrition, adds Solongo.

Vegetarianism is taking off in popularity as a reaction to the “extreme meat consumption,” of most Mongolians, says Altanzaya, a sociologist and a co-owner of Luna Blanca who considers herself Buddhist. “Our goal is to make [meat-free foods] available.”

Unlike beliefs elsewhere in Asia, Mongolia’s unique brand of Buddhism does not emphasize sparing the lives of animals for food, probably out of pragmatism. The country’s dry, mountainous landscape and nomadic culture mean that people have historically ignored agriculture and depended instead on gaining sustenance from meat and dairy products.
This high-protein diet fueled Genghis Khan’s hordes as they swept across the known world some 800 years ago. Historians have noted that Mongolian soldiers could ride for days at a time, reputedly drinking blood from their horses’ necks for nourishment on the go.

Some Mongolians consider meat the only real food. “If there’s no meat, [my father] doesn’t consider it a meal. You give him leaves, and he says, ‘What am I, a goat?’” says Dolgor, a young mining company employee.

The staples in Mongolia tend to be bland, focusing on flour, rice, and meat, particularly mutton. Dishes that most Mongolians refer to as “national foods,” buuz and huushuur – mutton-filled dumplings steamed or fried, respectively – and tsoivan, steamed noodles mixed with meat and root vegetables, are widely thought to originate in China.
Even more than meat, the traditional Mongolian diet depends on dairy products. Milk is viewed as sacred; each morning, women in the countryside and in urban apartment blocks make offerings to the sky, throwing ladles of the day’s first milk tea in the four cardinal directions.

According to Altanzaya, one of the challenges to starting a vegetarian restaurant in Mongolia is getting people to realize that the menu isn’t simply dairy products. The Mongolian terms are only subtly different; the phrases for dairy products (tsagaan idée) and vegetarian food (tsagaan khool) both translate as “white food.”

Most of the new vegetarian restaurants use soy-based meat substitutes to mimic traditional Mongolian dishes. Vegetarian buuz and tsoivan are among the most popular items. Vegetable-based meals are less common, except at Ananda’s Cafe, which anchors its menu on a different vegetable medley every day – cauliflower, eggplant, zucchini, and others – to lure vegetarians hungry for a broader spectrum of nutrients.

The menu’s originality, or lack thereof, is often beside the point. “The more we care about the environment and others and animals, the better we feel,” says Altanzaya
Mongolian vegetarians often face skepticism. “A lot of people think we’re crazy,” says Erdenchimeg, a chef at the Loving Hut, a chain owned by the Supreme Master Ching Hai International Association, which promotes meditation and prayer. She became a vegetarian in 2008 and in recent months switched to veganism – all part of a commitment to lessening her impact on the environment, she says.

Javkhlan, a university teacher in western Hovd Province, also took up vegetarianism 18 months ago after he began practicing the Supreme Master’s meditation technique. He cooks tofu, dehydrated soy “meat,” and what few vegetables are available in the province center. The imitation meat tastes bland without flavoring, but he doesn’t miss meat, he says. “I’m happy being vegetarian. My health has improved.”

Still, some of the vegetarian restaurants’ employees haven’t fully committed. Amarmurun, a waiter at the Stupa Cafe, part of the Foundation for the Preservation of the Mahayana Tradition, an international Tibetan Buddhist organization, sheepishly admits, “I like meat. I just work here."
source: http://www.eurasianet.org/node/61212
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Mongolia - President Elbegdorj meets with Ms. McHale, Under Secretary of the US Department of State

Ms. Judith McHale, Under Secretary for Public Diplomacy and Public Affairs of the US Department of State called on a visit to the President Elbegdorj.

President Elbegdorj expressed satisfaction over successful development of bilateral relations and cooperation between Mongolia and the US. Noting the fact that Mongolia views the US as Mongolia’s third neighbor, President Elbegdorj expressed gratitude to the USA for the continued support of Mongolia’s efforts to promote democracy.

President underlined substantial expansion of bilateral relations between two countries over the recent years and re-affirmed Mongolia’s commitment to developing Mongolia-US relations based on principles of Comprehensive Partnership

“Democracy and free market economy is the common values of our peoples” – continued the President and stressed the need for continued US support and assistance in consolidating and empowering Mongolia’s market economy.

“The US is one of the important foreign trade partners of Mongolia. Expansion of trade and economic cooperation between Mongolia and the US would encourage US businessmen invest in Mongolia. US investment in Mongolia bears not only economic value, but also has geopolitical and strategic importance” – noted President Elbegdorj.

Mongolia’s development efforts are greatly shouldered by the Mongolian youth who study and studied in the US. President thanked Madame McHale for accepting Mongolia’s request to increase the number of Mongolian students, expanding the Fulbright scholarship program and launching a joint Scholarship fund with shared private funding.

Madame McHale agreed with President Elbegdorj and said the US would work to provide more opportunities to the Mongolian youth wishing to study in the US. She continued:”Studies show that 95% of the Mongolian students in the US study in 150 universities. Yet, there are hundreds of schools in the US and the opportunities for Mongolian students are indeed very wide”.

President Elbegdorj and Madame McHale further discussed possibilities to increase the number of bachelor-degree students and provide opportunities for children of low income families but who demonstrate strong skills through scholarship programs. Mining is evolving as one of the busiest sectors of Mongolia’s economy and President Elbegdorj expressed interest to train Mongolian youth in mining majors in the US.

Mongolia believes that the two countries have great potentials for cooperation in addressing climate change and developing renewable energy.

Madame Under Secretary thanked Mongolia and expressed US pride for Mongolia for supporting US initiatives such as Partnership for Democracy in Asia Pacific, Community of Democratic Countries and others. She noted that Mongolia is to chair the Community of Democratic Countries in 2011 and said Mongolia would need the financial and other forms of assistance on the part of the US and other partner countries.
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Leighton wins Mongolia mining contract

By a staff reporter

Construction group Leighton Holdings Ltd has secured a $273 million, six-year contract to develop and operate Mongolia Energy Corporation's (MEC) Khushuut coal mine in western Mongolia.

MEC awarded Leighton Asia – a wholly-owned subsidiary of Leighton Holdings – the project contract, which is expected to eventually result in up to five to six million tonnes of coking coal each year, as production is ramped up.

"This award represents an important milestone to our business in Mongolia bringing our total number of mines to three," Leighton Asia managing director Hamish Tyrwhitt said.

Mr Tyrwhitt said that the company's work in hand had now reached a record level of $6 billion.

Leighton Asia will be responsible for all mining activities including the loading and hauling of waste and coal, drilling and blasting, mine planning, technical support, site camp management and catering services.

This will be the second contract MEC has awarded to Leighton, following November 2009 when the company was awarded the contract to provide an initial three million tonnes per annum mine plan study.

"Our selection of Leighton as mining contractor will assist in the efficient and professional development of our initial project at Khushuut and demonstrates MEC's commitment to building professional and local relationships for further projects," MEC chief executive James Schaeffer Jr. said.
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Mongolia’s Unforgiving Freeze

Paula Bronstein is a senior staff photographer with Getty Images, based in Bangkok, who has covered Afghanistan extensively. She has been a photojournalist more than 25 years and, most recently, took second place as photographer of the year (freelance/agency) in the Pictures of the Year International contest. In March, she traveled to Mongolia for Getty and spoke about the trip last month, by telephone, with James Estrin. The exchange has been edited for clarity and brevity.
Q:Why did you go?
A: I went to Mongolia because they were experiencing one of the worse winters in three decades. Now, what do I mean by one of the worse winters in the one of the coldest places in the planet? I mean that is even colder than normal and they got more snow then they normally do. In early March, the average temperature is minus 17 to minus 20 degrees centigrade. [One degree to minus 4 degrees Fahrenheit.] A lot of herders make their entire livelihood off of herding, mostly sheep and goats. And a large percentage of the herders have lost at least 40 to 60 percent of their herd. That is all they have. So that is extremely devastating for them. In the capital, Ulan Bator, you’ve got homeless people living in the sewers.

[A drought last summer followed by an unusually cold winter has killed more than eight million animals, about 17 percent of the country's livestock. See "A Bitter Spring for Mongolia's Nomads," a Times video by Andrew Jacobs.]
I really wanted to go to a place where few other journalists were going and where I thought I could tell my own version of the story. It had been 10 years since I had been there. And that’s what I told my editors. I said: “You know, I am not going there to do one story. I am going to do, like, four to five stories.” And that’s what I did.
Q: Tell me about the homeless living in the sewers.
A: The pipes keep the sewers warm, and some of them can be kept relatively clean or livable. There’s one picture of a drunk women I’ve photographed a lot. She’s wearing a red shirt and there’s garbage floating in water, completely surrounding her as she sleeps. I could barely stay down there. But then I was in another sewer where I photographed this family, and they had a bed and things hanging on the wall. It was really made into their little home. Some people are living there for years. It’s just another aspect of how the homeless live.
Q: What’s life like for Mongolians?
A: There’s one picture of a woman passed out on the side of the road. This woman was obviously completely drunk and bleeding from the forehead and from the nose, as well. I asked the translator to stop the car. We got out immediately and I tried to signal to other people because I was trying to help this woman. Well, it seems like these kinds of things happen fairly often, which means it’s just not at all shocking to see someone passed out on the side of the road. No one wanted to help.

I did a pretty comprehensive story about the street kids and how they pick them up off the street and bring them in. There’s a pretty decent shelter for the kids that’s more of a detention center-shelter, that’s completely supported by World Vision. They get fed well, cleaned up and they have these nice dormitories to sleep in. Once they get to the shelter, they realize it’s better than being on the street. They’re just kids.

The street kids issue is a big issue, a very big issue there. They have a lot of shelters because they’ve got a lot of street kids.
Q: You’re lucky that — at least for the moment — you’re employed by a company that actually wants photojournalism.
A: Yes, exactly.
source: http://lens.blogs.nytimes.com/2010/06/03/showcase-170/
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Mongolia May Opt Broad Gauge Rail Line

Mongolia may choose broad gauge rail line as the country’s main ruling political forces are likely to narrow down their views to put an end to uncertainty over the country’s entire railway policy.

Parliament seated faction of MPRP are likely to support the government-submitted broad gauge line to be built from Tavan Tolgoi to Sainshand and further to Choibalsan to the east.

Currently two major plans are ongoing as hot debates both among lawmakers and public: one narrow gauge railway to be drawn from Tavan Tolgoi to the nearest Chinese border; and broad gauge line to be connected to central Trans-Mongolia line.

Narrow gauge railway lines are to be funded by the private businesses while the broad gauges, more strategic choice according to government officials, would be built state funding.

Residents of Sainshand, a provincial center of Dornogobi aimag, have sent their signatures last week to the government supporting the project that would turn the small town into an industrial hub for the mineral processing industry. The city is expected to process minerals for further export to China and North East Asian nations

source: The UB Post
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Chinese premier proposes stronger investment cooperation with Mongolia

Chinese Premier Wen Jiabao (L) shakes hands with his Mongolian counterpart Sukhbaataryn Batbold in Ulan Bator, Mongolia, June 1, 2010. (Xinhua/Pang Xinglei)
ULAN BATOR, June 2 (Xinhua) -- China is willing to boost investment cooperation with Mongolia in mineral resources development and infrastructure construction and encourage Chinese enterprises to import more farm and animal husbandry products from its northern neighbor, Chinese Premier Wen Jiabao said here Wednesday.

Speaking at the opening of the Sino-Mongolian Economic and Trade Cooperation Forum, the Chinese premier said China and Mongolia, both developing fast, have highly complementary economies and have broad prospects in economic and trade cooperation

"We are good neighbors that have stuck together through thick and thin and have empathy for each other. We are partners that have complementary advantages and cooperate with each other with win-win results," he said.

"China firmly adheres to the principle of building friendship and partnership with neighboring countries and the policy of fostering an amicable, peaceful and prosperous neighborhood. We are committed to safeguarding peace, stability, development and prosperity in the surrounding regions," Wen said. "We are sincerely willing to be Mongolia's good neighbor, good friend and good partner for ever."

Wen made the following four proposals on further boosting bilateral economic and trade cooperation.

First, to boost investment cooperation in mineral resources development and infrastructure construction. Funds and technological support will be provided for this endeavor.

Both nations should push for the completion of a number of major projects at early dates to contribute to the comprehensive enhancement of bilateral ties, he said.

China is willing to cement cooperation with Mongolia in such fields as energy, railway, highway, port and telecommunications. It is also willing to work with Mongolia to extend bilateral cooperation to such fields as environment, logistics, tourism, science and technology, he said.

Second, China supports its enterprises to import more farm and animal husbandry products from Mongolia and encourage them to invest in projects that create more jobs and improve the livelihood of local residents.

China is willing to increase economic aid to Mongolia and intensify support for Mongolia's farming industry, education and health sectors as well as poverty reduction efforts, said the Chinese premier.

Third, both sides should make specific efforts to implement the medium-term development outline for Sino-Mongolian economic and trade cooperation and continue to strengthen research on strategic issues.

Both sides should improve rules and agreements on, and mechanisms of, cooperation in contract bidding, labor service, transportation, and quarantine, Wen said.

Fourth, both countries should further strengthen their ties within such multilateral cooperation frameworks as the Northeast Asia economic and trade cooperation, the Shanghai Cooperation Organization and the Asia-Europe Meeting, and boost cooperation in trade, investment, logistic and technology within a number of sub-regional cooperation frameworks.

Mongolia is the third leg of Wen's four-nation Asia tour, which has already taken him to South Korea and Japan. He is due to arrive in Myanmar on Wednesday afternoon.


source: Xinhua
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Beijing daily gives U.S. lawyer’s views on Chinese investment in Mongolia

The Global Times, a daily Chinese newspaper focusing on international issues and produced by the official Chinese Communist Party newspaper, the People"s Daily, has published in some detail the views of Michael Aldrich, an American lawyer who divides his time between Beijing and Ulaanbaatar, on the development of Mongolia"s mining-dependent economy. The lawyer feels that the Mongolian Government has realized that the country cannot properly develop without the flow of considerable capital northwards from China. It also wants to diversify the sources of foreign capital so no one country becomes the "key" investor.

He thinks “a considerable amount” of the present Chinese investment comes from privately-owned companies that side-step Chinese overseas investment regulations through nominee shareholder arrangements. These companies “often step on the toes of Mongolian sensitivities by seeking to circumvent local laws and customs”. Chinese state-owned firms are more slow-paced since they cannot avoid the red tape.

Asked how legal work in Ulaanbaatar compares to that in Beijing, Aldrich said there are some similarities. The legal systems of all former-socialist states tend to have much in common, but Mongolia has a greater respect for the freedom of individuals who enter into contracts without obtaining governmental agency approval, or those who don"t necessary comply with regulatory restrictions that may or may not be enforced. Establishing a wholly owned subsidiary with foreign investment in Mongolia can be completed in several days, as opposed to the weeks of processing required in China.
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Mongolian scholar says Wen’s visit will take bilateral ties to a new level

The visit by Chinese Premier Wen Jiabao will help turn a new page in the bilateral ties between the two neighbors, according to L. Begzjav, head of Chinese studies at the Mongolian Academy of Sciences. The leading Mongolian scholar told Xinhua bilateral relations have seen stable and healthy growth over the past 16 years since the signing of the Treaty on Friendly Relations and Cooperation between Mongolia and China in 1994.

The two countries have signed over 70 agreements on bilateral ties and cooperation since a visit in 1994 by then Premier Li Peng to Mongolia. Wen’s present visit marks the 60th anniversary of a visit by late Chinese Premier Zhou Enlai.

Begzjav, author of a book titled “Mongol-Chinese Relations, 1949-1999”, said Wen’s visit, that began yesterday, will take their good-neighborly friendship of mutual trust to a new level.

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Most Mongolians wait for the revenue from mining to start coming in

Conversations with residents of Ulaanbaatar are full of references to Mongolia"s mining wealth, and the booming interest from international governments and multinational corporations, found a visiting journalist from Britain’s The Guardian. The common theory, or hope, expressed by those working in the mining industry and in government-related jobs was that through the tax income and the infrastructure investments made by these mining companies, the quality of life in Mongolia would improve for everyone. In Ulaanbaatar where upwards of 700,000 people have no running water, and use pit toilets outside their homes, it is an appealing promise – but will that revenue ever reach them?

As you wander around the capital city, you see the tinted windows and super-deluxe model vehicles of government representatives. Little flags flap in the wind between traffic jams: Korean, Chinese, Japanese, and so on. Often, it"s a fully equipped, brand new, shiny SUV with the big UN decal painted on the doors parked around the city centre. Pop into any of the beloved expat cafes and restaurants and you can"t ignore the loud conversations in American, British and Australian accents about who"s been working in what region and what deal is being finalized today. In many parts of the world these conversations might be considered private or too sensitive to be conducted in a public place, but for some reason in Ulaanbaatar there"s no shame in talking loud about how well your mining project is going.

Even now, as huge corporate entities such as Rio Tinto, Ivanhoe, and AngloGold run large-scale mining operations in the country, it still struggles to meet the most basic needs of its citizens.
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