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15 June. "Education and Skilled Labour" Event by EuroChamber in parnership with Transwest LLC
19 June. "Sustainability and Energy" Working Group Meeting
21 June. "Wines and Spirits" Working Group Meeting (TBC)
26 June. "Banking and Finance" Working Group Meeting (TBC)
|EuroChamber's "Trade and Investment Environment Statement" is now available|
On June 6, 2023, EuroChamber unveiled the inaugural "Trade and Investment Environment Statement." Alongside the presentation, the Chamber conducted a press conference at the Press Institute, aiming to give information about its Statement to media and news organizations.
Furthermore, we hosted an event exclusively dedicated to our members and partners. We wish to extend our sincere appreciation to the EU Delegation to Mongolia and H.E. Axelle Nicaise, Ambassador of the Delegation of the European Union to Mongolia.
|Invitation to attend the Sustainable Finance Week 2023: Global Green Finance Leadership Programme between June 14-15th|
EuroChamber is pleased to extend you an invitation to join the Global Green Finance Leadership Programme co-hosted by the the Mongolian Sustainable Finance Association (MSFA), the President's Office of Mongolia, the Institute of Finance and Sustainability (IFS), International Finance Corporation (IFC), Sustainable Banking and Finance Network (SBFN), and other international and local partners between June 14-15 at the Shangri La Ulaanbaatar Hotel.
The programme is organized in the occasion of the Sustainable Finance Week 2023 and the primary objective is to provide valuable insights into a diverse range of trending sustainable finance topics, facilitate meaningful dialogue, and exchange lessons, progress, challenges and potential solutions among high level sustainable finance experts including financial institutions, policy makers, financial regulators, and international development institutions. So far over 50 international guests and high-level speakers confirmed their attendance to GFLP in Ulaanbaatar.
The Mongolian Sustainable Finance Association would highly appreciate it if you could join us at this important event. Your presence will certainly contribute to a substantive and meaningful discussion on the issues at hand. For virtual participation, please use this registration link.
Note: Invitations for the other side events organized as part of SFW 2023 will be shared separately.
The Misheel Kids Foundation (MKF) is dedicated to improving the dental health of underprivileged children in Mongolia. Founded in 2015, MKF is a registered NGO in Mongolia. It also maintains a support association in Germany and Switzerland with a German and Swiss donation account.
MKF is dependent on donations. Every donation, regardless of the amount, is urgently needed and used exclusively to finance dental treatment. The local dentists and dental clinic’s that treat the children work at contractually agreed fees and charges.
MKF's annual report is available here.
|Mongolia-Germany Intergovernmental Working Group Convenes in Ulaanbaatar|
The 8th Meeting of the Working Group, designated to monitor and coordinate implementation of the Mongolia-Germany intergovernmental agreement on cooperating in the fields of mineral resources, industry and technology, was held in Ulaanbaatar on June 6.
The 8th Meeting of the Intergovernmental Working Group was co-chaired by Deputy Prime Minister and Minister of Economy and Development of Mongolia Ch. Khurelbaatar and Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Climate Action of the Federal Republic of Germany Franziska Brantner.
During the Working Group Meeting, the parties discussed and exchanged views on ensuring the smooth implementation of the Intergovernmental Agreement on Cooperating in the Fields of Mineral Resources, Industry and Technology between Mongolia and Germany, which was signed in 2011, further deepening the bilateral relations and cooperation in trade, investment, energy, mining and education sectors, and explored opportunities to implement joint strategically-important projects and programs.
Moreover, outcomes of the 9th meeting of the Mongolian-German Economic Committee under the Intergovernmental Working Group meeting, of which principal mission is to encourage private sector cooperation between the two countries, and recommendations to be reflected in the Intergovernmental Meeting protocol were discussed.
The 9th annual meeting of the German-Mongolian Economic Committee was aimed to exchange views on concrete bilateral business projects to contribute to their success for both sides. After input from the government sides and information on German export financing, mining, renewable energies, logistics, and education was discussed in particular.
|Pope Francis to Visit Mongolia|
Head of the Holy See Pope Francis will pay a State Visit to Mongolia from August 30 to September 4 at the invitation of President of Mongolia Khurelsukh Ukhnaa, reports the President's Press Department.
It will be the first-ever visit of the Pope to Mongolia. Last year marked the 30th anniversary of the establishment of diplomatic relations between Mongolia and the Holy See.
The Secretary for Relations with States within the Holy See’s Secretariat of State, Archbishop Paul Richard Gallagher paid an official visit to Mongolia at the invitation of Minister of Foreign Affairs B. Battsetseg on June 4-8. Within the framework of the Visit, Minister B. Battsetseg held official talks with the Secretary for Relations with States within the Holy See’s Secretariat of State, Archbishop Paul Richard Gallagher, and discussed expanding the bilateral relations and cooperation and some international issues of mutual interest.
The visit of Archbishop Paul Richard Gallagher was also the first high-level visit from the Holy See to Mongolia.
|Mongolia Launches E-Commerce Readiness Report at Round Table Meeting|
The Ministry of Foreign Affairs and the Ministry of Digital Development and Communications jointly with the United Nations Conference on Trade and Development (UNCTAD) organized the events: Round Table Meeting with Development Partners and the launching of the E-Commerce Report on June 7-8 to present Mongolia's E-Commerce Readiness Assessment Report.
The Round Table Meeting with Development Partners commenced with an opening address from Minister of Digital Development and Communications N. Uchral while State Secretary of the Ministry of Foreign Affairs N. Ankhbayar inaugurated the E-Commerce Report launching ceremony.
Present for the events were Shamika Sirimanne, Director of the UNCTAD Division on Technology and Logistics, representatives from specialized agencies of the United Nations, international organizations, diplomatic missions in Mongolia, the Working Group of Mongolian side, and from both public and private sectors.
Since 2017, UNCTAD has evaluated the readiness of 32 countries for e-commerce, and Mongolia has become the 33rd country to undergo the evaluation.
|Civil aviation bill proposes new economic regulations|
On June 6, the Standing Committee on Economy supported discussing a draft revision of the Law on Civil Aviation Law, which was submitted by the government on May 25.
Minister of Road and Transport Development S. Byambatsogt informed that the bill has 10 chapters and 51 articles. In the bill, the control, regulation, functions and operation of civil aviation are included in accordance with the Model Civil Aviation Safety Act recommended by the International Civil Aviation Organization.
The draft revision provides for new economic regulations aimed at developing competitive air transport and protecting the interests of passengers. Considering that the current law only regulates the aircraft owned by the carrier, it is considered appropriate to regulate the operation of many types of aircraft, and the relevant regulations are included in the bill, Minister S. Byambatsogt said.
In the bill, the regulation of airports under various conditions of use and various types of ownership, service operations that ensure flight safety and the unity of air traffic, and state regulation are newly reflected.
Air navigation services in Mongolia’s airspace are provided by state-owned legal entities certified by civil aviation rules, according to the bill.
The bill sponsors believe that by approving the bill, the safety, efficiency and accessibility of civil aviation operations in Mongolia will increase, aviation safety will be improved, investment and competition will grow, and a legal framework will be created to optimize and upgrade the structure and organization of the industry.
|Ulaanbaatar Dialogue Initiative On Northeast Asian Security to be Held|
The International Conference “Ulaanbaatar Dialogue on Northeast Asian Security” will be held in Ulaanbaatar on June 15-16.
Since the 1980’s Mongolia has been consistently pursuing the policy to create a dialogue mechanism in Northeast Asia. These efforts yielded in the “Ulaanbaatar Dialogue on Northeast Asian Security” initiative in 2013 and officially announced it to regional countries.
The International Conference “Ulaanbaatar Dialogue on Northeast Asian Security” has been annually held since 2014. Conference is now evolving into an open and inclusive mechanism, bringing together representatives from all countries in the sub-region. Discussion topics cover a broad range of issues including security, energy, infrastructure, green development, opportunities of humanitarian cooperation and others.
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