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“Oyu Tolgoi draft agreement will be discussed, adopted by the State Great Khural and the Government will be granted with power to sign on it very soon” says an official who is close to the development around the issue. According to his talks, Oyu tolgoi agreement will be adopted before Naadam Festival and the Government might sign on it before the end of July.

ICBL Ambassador Singh visit to Mongolia

Posted by danyasterling 2 days ago (Editorial)
This article outlines the purpose of International Campaign to Ban Landmines Ambassador Satnam Singh's visit to Mongolia. It provides a brief overview of the issues involved in Mongolia's accession to the international Mine Ban Treaty.
Not sure if this is news in itself, but it is interesting to see that border trade is increasing. How will it look there in 10 years?
ULAN BATOR, June 26 (Xinhua) -- A senior leader of the Communist Party of China (CPC) says China-Mongolia ties have reached an all-time high with no unsettled major issues remaining.

"My visit here aims at laying a solid foundation for the sustained growth of China-Mongolia relations by reviewing the past, summing up experience and looking into the future," He Guoqiang, a member of the Standi
The World Bank’s Board of Executive Directors has approved a development policy credit of US$ 40 million for the Mongolia Development Policy Credit (DPC) Program. The program is designed to assist the government of Mongolia manage the current downturn, which was triggered by the collapse of the copper price.

Duration of the project is 18 months from July 1, 2009, until December 30, 2010.
The Seoul Metropolitan Government says it has signed a memorandum of understanding with the Mongolian capital city Ulaanbaatar. It is mentioned that "the two cities will cooperate in combating Mongolia’s desertification and other effects of global warming."

But the essence of the MoU is that the "agreement will enable Seoul-based companies to take part in Ulaanbaatar’s urban planning, developm
The International Monetary Fund approved a $39.4 million disbursement to Mongolia and said implementation of the IMF-backed economic program had helped stabilize the economy.
The Asian Development Bank (ADB) and Government of Japan will fund a social sectors support program in Mongolia to help cushion the impacts of the global economic crisis on the country’s poor, who make up a third of the total population.

ADB’s Board of Directors approved a loan equivalent to $43.1 million and a grant of up to $16.9 million from its concessional Asian Development Fund for the M
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