| EuroChamber Mongolia is excited to announce the "EU Investment Mapping Mongolia" initiative, led by the EU Delegation in Mongolia, in preparation for the upcoming “Mongolia-EU Business and Investment Forum.” This initiative gathers insights from EU firms in Mongolia to understand their presence, contributions, and challenges.
We encourage EU-affiliated businesses, firms, and investors in Mongolia to participate. Your input will: - Align forum discussions with real business needs
- Strengthen public-private dialogue by addressing challenges
- Improve EU support tools for European investors in Mongolia
Complete the survey here: |
| | Read More |
|
|
| This week’s wine offer is terroir driven, with each producer expressing the truest potential of their region. - Coup de Foudre, Les Bouquinistes 2020 expresses the bold, sun-drenched character of Napa Valley. - Marchesi di Barolo, Riserva 2015 showcases the unique qualities of Nebbiolo grown on the limestone-clay hills of Barolo. - Carruades de Lafite 2005 reflects the gravelly soils of Pauillac, adjacent to Château Lafite Rothschild.
The 20% discount will be valid until Sunday, March 23rd, and the wines can be delivered at your preferred location. If you have any inquiries and are interested in these wines, we are happy to assist you! |
|
|
|
| Speakers: | | Nyamsuren Dorjpalam | | Lecturer (Ph.D. and M.A. in Linguistics) | | University of the Humanities |
| | Odonchimeg Myagmarsuren | | Head of the Research and Innovation | | University of the Humanities |
|
|
|
|
|
|
|
|  |
In the first two months of 2025, Mongolia's industrial sector produced MNT 5.1 trillion, up MNT 747.1 billion from 2024. This growth was driven by a MNT 492.9 billion increase in the mining sector and MNT 129.5 billion in manufacturing. Mining production reached MNT 3.5 trillion, with metal ore extraction rising by MNT 280.4 billion and lignite mining by MNT 204.1 billion. Key minerals like iron ore, lignite, zinc, and copper concentrate saw increases of 4.1-92.3%, while iron ore concentrate, unrefined gold, processed coal, and crude oil declined by 0.1-13.6%. Manufacturing output grew for products like bottled water, soft drinks, cashmere knitwear, and cigarettes by 2.8-87.3%.
Despite production growth, total industrial sales fell to MNT 7.1 trillion, down MNT 971.8 billion, mainly due to a MNT 1.3 trillion drop in mining sales, including a MNT 1.7 trillion decline in coal sales.
Export sales totaled MNT 4.8 trillion, with mining contributing MNT 4.7 trillion: coal (42.4%), metal ores (52.7%), crude oil (3.4%), and other minerals (1.5%). |
| | Read More |
|
|
| On March 14, 2025, Ulaanbaatar hosted a Consultation Meeting on the "Agreement on Cargo Volume between Members of the Organization for Cooperation of Railways."
Participants reviewed the 2024 foreign trade cargo volume via the fifth section of the Railway Cooperation Organization and agreed to increase the 2025 volume to 22 million tons, up by 1 million tons from the previous year. This suggests potential growth in Mongolia’s exports, imports, and transit trade by rail.
UBTZ committed to ensuring the planned cargo transport in collaboration with neighboring railways. Additionally, UBTZ Director Kh. Kherlen received an Honorary Certificate for his contributions to railway cooperation. |
| | Read More |
|
|
| The "Nauryz Festival 2025" will be held on March 22 at Sukhbaatar Square, celebrating Kazakh heritage on a larger scale than ever before.
The event will feature: - Nauryz 2025 – A grand cultural and artistic concert
- A Kazakh national wrestling tournament
- Handicraft Exhibition – Display of traditional Kazakh gers and artistic works
- Traditional Cuisine – Nauryz dishes and sweets
- Folk Games and other cultural activities
The festival aims to showcase and preserve the rich traditions of Mongolia’s Kazakh community while bringing people together to celebrate the spirit of Nauryz.
|
| | Read More |
|
|
|  |
Speaker of the Parliament of Mongolia D.Amarbayasgalan has commenced his official visit to the United Kingdom of Great Britain and Northern Ireland. On March 19, 2025, he met with the Speaker of the House of Commons, Sir Lindsay Hoyle, at the Palace of Westminster.
During their discussions, both parties highlighted the growing bilateral relations between Mongolia and the UK in recent years and stressed the importance of high-level exchanges and collaboration. They also explored ways to strengthen ties between their legislative bodies, particularly through enhanced cooperation between the Secretariat and parliamentary groups.
Speaker D.Amarbayasgalan outlined Mongolia’s parliamentary reforms, including the “Three Perfections” policy, aimed at strengthening governance. He also discussed ongoing efforts to boost the economy, attract investment, and improve the legal framework. In response, Speaker Hoyle welcomed the Mongolian delegation and expressed his confidence that the visit would deepen parliamentary cooperation.
Following their meeting, Speaker D.Amarbayasgalan signed the Guest Book of Honor at the House of Commons, marking a significant milestone in Mongolia-UK relations.
|
| | Read More |
|
|
|  |
EU leaders are meeting today to focus on defense spending, with discussions expected to center on Europe's military power and capital markets integration. Tensions could arise over Hungary's stance on continued Ukraine support, as all EU countries, except Hungary, are likely to back a separate text on Ukraine. The summit may run into a second day, as European Council President António Costa has indicated.
In defense, the EU aims to be "war-ready" by 2030, with plans to allocate €800 billion for defense gear, but detailed discussions will be limited. Leaders will also consider a €150 billion loan scheme for joint military purchases, excluding non-EU countries like the UK and Turkey.
On competitiveness, the EU will approve conclusions on reducing red tape and completing the energy union by 2030. The issue of central supervision of capital markets is a point of contention, with France pushing for central oversight, while smaller states like Luxembourg resist. Migration will be discussed briefly, focusing on the safe third country concept and returns regulation. Leaders will also begin talks on the EU's long-term budget for 2028-2034, which will involve complex negotiations. |
| | Read More |
|
|
| The Commission has adopted a new strategy to channel savings into productive investments, aiming to boost EU citizens' participation in capital markets through broader investment options and improved financial literacy.
Currently, 70% of household savings (€10 trillion) are in bank deposits, which are safe but yield lower returns than market investments. The strategy seeks to provide citizens with easier, low-cost access to investment opportunities, helping them build wealth and secure their future.
Increased capital market investments will drive economic growth, create better jobs, and enhance the EU banking sector’s competitiveness. EU institutions and stakeholders will collaborate on key measures in 2025 to strengthen financial integration and support the EU’s digital and green transitions. |
| | Read More |
|
|
Newsletter sponsorship is available now!
Mail to communications@eurochamber.mnfor inquiry. |
|
Copyright (C) 2025 EuroChamber. All rights reserved. |
|
|
