| EuroChamber Sustainability and Energy Working Group Meeting |
| We cordially invite you to the next meeting of EuroChamber Sustainability and Energy Working Group.
Date: Monday, February 17, 2025 Time: 16:00-18:00 Location: Park Place, 6F, 601 R&D Center Language: English For members: Complimentary For non-members: MNT 50,000
AGENDA
16:00 Welcome & Registration 16:10 Opening Remarks: - Introduction to "Sustainability & Energy" WG and other initiatives by Chair Ms. Batzul Gerelsaikhan, Board of Director at EuroChamber Mongolia, and Head of Properties Department at Erel LLC
16:20 Main Presentation: - "TML Group: Leading Sustainable PET Beverage Bottle Solutions in Mongolia" by Frank Schepers, CEO, Mongolia Without Waste NGO; General Director of TML Plastic Mongolia.
16:50 Q&A 17:30 Networking Opportunity |
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| The Investment and Trade Agency is partnering with E-Mongolia to digitize public services for foreign investors. To ensure we prioritize the most essential services, they want to hear from you! - Which public services do you use most?
- Which ones should be prioritized for digitalization?
Take our quick 2-question survey below and share your insights!
Your feedback is invaluable—thank you for contributing to the improvement of Mongolia's investment environment! |
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| Mongolia-Czech-Poland Business Forum |
| EuroChamber is pleased to share an invitation from the Mongolian National Chamber of Commerce and Industry for a business trip to the Czech Republic and Poland in the second week of March 2025.
As part of the trip, the Mongolian-Czech Business Forum will take place in Prague, followed by the Mongolian-Polish Business Forum in Warsaw.
We invite all entrepreneurs currently collaborating with Czech and Polish businesses, as well as those seeking new partnerships and business opportunities, to join this trip and participate in the forums.
For more information:
Email: foreignrelations@mongolchamber.mn
Contact: 77277070 (6), 99539173 |
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| EuroChamber is pleased to invite you to the Corporate Sustainability and Environmental Rights in Asia (CSERA) Conference, taking place on March 18–19, 2025, at the United Nations Conference Center in Bangkok, Thailand.
This conference will bring together business leaders, investors, policymakers, and civil society representatives to explore the private sector’s role in advancing the right to a clean, healthy, and sustainable environment (R2HE).
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On February 13, 2025, the "National Strategy for Big Data and Artificial Intelligence" Conference was held, involving public discussions on developing a national strategy.
The Ministry of Digital Development, Innovation, and Communications of Mongolia and the United Nations Development Programme jointly assessed the readiness of artificial intelligence and are working together to develop the national strategy, based on suggestions and opinions from the public and private sectors, scientists from the Mongolian Academy of Sciences, university teachers, and young Mongolians working in this field abroad. The strategy aims to prioritize mining and energy as key sectors for the development of artificial intelligence in Mongolia and leverage the country’s advantages in these sectors.
Particularly, Mongolia’s unique climate creates an ideal environment for operating energy-efficient data centers, combining abundant coal and renewable energy resources. Therefore, this strategy aims at making Mongolia an attractive place for investment in the field of artificial intelligence infrastructure from all over the world. Artificial intelligence (AI) has become the biggest field for competition among countries. In addition, while dramatically increasing productivity, AI allows countries to produce new products and services incorporating advanced technology.
According to studies, AI alone will bring an estimated USD 25.6 trillion to the global economy by 2030. Utilized not only in the economy sector but also in key sectors such as defense, education, and health, AI is considered a vital factor for the security, social, and economic development of a country. Therefore, countries around the world are developing their AI strategies. In 2017, Canada was the first country to establish a national AI strategy, while today, 75 countries around the world have national AI strategies.
Source: www.montsame.mn |
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| Ulaanbaatar city has declared 2025 the "Year of Construction" and is launching mega projects to reduce air and environmental pollution, alleviate traffic congestion, and enhance the quality of life for its residents.
In this context, First Deputy Governor of Ulaanbaatar city, T. Davaadalai, met today with the management of Montcement LLC to discuss potential collaboration.
During the meeting, they exchanged views on partnering with domestic manufacturing companies for Ulaanbaatar's large-scale infrastructure projects. Montcement LLC's management expressed its commitment to contributing to these major developments in the capital.
Source: www.gogo.mn |
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| Chief of the Government Secretariat Office, N. Uchral, has instructed that all registrations and procedures exceeding the Law on Permits be canceled within a week.
In response, Minister of Urban Development and Housing, J. Batsuuri, has ensured compliance with the Law on Permits by canceling two procedures that exceeded legal provisions.
Commenting on the progress, N. Uchral stated: "The effort to eliminate unlawful registration and procedural barriers, reduce government bureaucracy, and prevent corruption and vested interests—thereby relieving business owners from undue pressure—is starting to yield results."
Source: www.gogo.mn |
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| Mongolia imported goods and raw materials worth USD 973.2 million in January 2025. Compared to the same period in 2024, imports increased by USD 37.2 million or 4 percent, according to the General Department of Customs.
Of the total imported goods, machinery and equipment and parts, electrical appliances and their spare parts that amounted to USD 207.5 million accounted for 21.3 percent, mineral products (USD 230.8 million) for 23.7 percent (including USD 206.5 million worth petroleum products or 89.5 percent), animal and plant products, and foodstuffs (USD 84.9 million) for 12.3 percent, motor vehicles and aircraft and their parts (USD 250.3 million) for 25.7 percent, basic metals and its products made (USD 57.5 million) for 5.9 percent, and chemical and related industrial products (USD 35.9 million) accounted for 3.7 percent. These items in total made up 89.1 percent of the imports value.
Source: www.montsame.mn |
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| In the first month of 2025, Mongolia exported goods and raw materials worth USD 1.019 billion, a 23.1 percent decrease compared to the same period last year.
Mineral products that amounted to USD 889.7 million made up 87.3 percent of the total exports, while USD 72.6 million worth of pearls, precious and semi-precious stones, precious metals, jewelry, and coins accounted for 7.1 percent, and USD 12.7 million worth of live animals, livestock, and animal products accounted for 1.2 percent. These items in total made up 95.7 percent of the export revenue, according to the Mongolian Customs General Administration.
Source: www.montsame.mn |
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The "Tourism Week-2025" commenced on February 10, 2025, with the "Regional Development and Tourism" Forum.
The Ministry of Culture, Sports, Tourism, and Youth of Mongolia and the Mongolia Tourism Organization are jointly organizing this Forum for the second year to strengthen coordination within Mongolia's tourism sector and enhance collaboration between the public and private sectors. Participants are discussing the sector's pressing challenges, potential solutions, and pathways forward. They emphasized that tourism plays a vital role in economic growth and development, highlighting the importance of continuous innovation and reform, as well as the need for timely and efficient cross-sector information sharing to foster sustainable tourism.
The tourism industry in Mongolia came to a standstill during the pandemic, incurring losses of MNT 1.6 trillion. However, it has since rebounded, with revenue increasing by 65 percent. In 2023, Mongolia generated USD 1.2 billion in tourism revenue, and in 2024, the country welcomed 808,956 tourists, earning USD 1.6 billion.
Mongolia is seeking to welcome 2 million tourists annually by 2030 and increase tourism revenue to USD 8 billion. To achieve this, the country plans to develop tourism in regional clusters. For example, the central region will be developed as a sub-region focused on diversified agriculture and industry, while the eastern region will be developed as a specialized area for historical tourism and intensive agriculture.
Source: www.montsame.mn |
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The President of the European Council, António Costa, along with the President of the European Commission Ursula von der Leyen, will be travelling to Uzbekistan for the first-ever EU-Central Asia summit on 3-4 April. The summit will be hosted by Uzbekistan’s President Shavkat Mirziyoyev, with the participation of the leaders of Kazakhstan, Kyrgyzstan, Tajikistan, and Turkmenistan.
The summit will present a key opportunity for the EU to demonstrate its geopolitical interest in intensifying bilateral engagement and enhance regional cooperation with Central Asia. Given the evolving geopolitical landscape, marked by Russia’s illegal war of aggression against Ukraine and ongoing developments in Afghanistan, relations between the EU and Central Asia have become of increased strategic importance over the years.
During the summit, the EU will affirm its commitment to scale up cooperation in areas of mutual interests, which include transport and digital connectivity in the region and with the EU, critical raw materials, economic and security cooperation, and energy transition.
Background
High-level relations between the EU and Central Asia have intensified over the past years, with two leaders’ meetings held in October 2022 in Kazakhstan and in June 2023 in Kyrgyzstan. Additionally, numerous ministerial-level discussions have taken place, with the most recent in Luxembourg in 2023, establishing a joint roadmap for deepening ties between the EU and Central Asia. The roadmap identifies concrete action points to enhance interregional dialogue, including the commitment to hold a summit. The 20th EU-Central Asia Ministerial meeting will take place on 4 March 2025 in Ashgabat, Turkmenistan, and will also be dedicated to summit preparations.
In 2019, the EU adopted a new Strategy on Central Asia, which highlights the growing strategic relevance of the region for EU interests and builds upon the positive developments in regional cooperation over the years. The updated strategy aims to foster a stronger, modern and non-exclusive partnership with the countries of Central Asia so that the region develops as a sustainable, more resilient, prosperous, and closely interconnected economic and political space.
The EU is the second trading partner for the region, as well as the biggest investor with over 40% of the investment in the region originating from the EU. To further deepen bilateral ties, the EU has negotiated enhanced partnership and cooperation agreements (EPCAs) with all Central Asian countries, except Turkmenistan.
Source: https://www.eeas.europa.eu/ |
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