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EuroChamber update
UNIT Wine Tour 2024 | Mongolia was successfully held for the first time in Mongolia
UNIT Wine Tour 2024 | Mongolia was successfully held for the first time in Mongolia
The UNIT Wine Tour was successfully held for the first time in Mongolia on September 5th, at the Shangri-La Hotel Ulaanbaatar.

The event brought together 13 renowned Italian winemakers to showcase their products to Mongolian wine importers, retailers, and local wine experts. It created a valuable opportunity for stakeholders to explore future business prospects and promote Italian wine culture in Mongolia.

A highlight of the event was a Masterclass led by a world-class wine expert, where 50 participants deepened their understanding of wine in Italian way. Attendees expressed their appreciation for the opportunity to taste a selection of Italian premium wines and expand their knowledge through the expert’s insights and guidance.

The UNIT Wine Tour is a global event of Unexpected Italian S.r.l. (LLC) and Eurochamber collaborated as a local event organiser/facilitator. The tour is set to return to Mongolia for two more editions over the next two years.
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EuroChamber is looking for a CEO
EuroChamber is looking for a CEO
EuroChamber is looking for a CEO. The main responsibilities of the incumbent are overseeing the administration, programs and strategic plans of EuroChamber Mongolia. Other key duties include government and community outreach, policy and advocacy, fundraising, event management and marketing. The position is the senior managerial role in the organization and reports directly to the Board of Directors.


 
Member insight:  announces majority sale to
Jebsen & Jessen Group.


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This strategic sale will enhance Jebsen & Jessen’s geographic expansion, strengthen its distribution capabilities and networks while securing MSM’s long term growth and future development in Mongolia.

Jebsen & Jessen Group () is a part of a global family enterprise that dates back to a trading partnership formed in Hong Kong in 1895. Headquartered in Singapore, Jebsen & Jessen Group is today an industrial conglomerate with a diverse network of businesses spanning manufacturing, engineering, mining and distribution activities.

 
Mongolia update
Documents on Relations and Cooperation Signed between Mongolia and Russia
Documents on Relations and Cooperation Signed between Mongolia and Russia
During Russian President Vladimir Putin's official visit to Mongolia on September 3, 2024, several cooperation agreements were signed between the two countries:

  1. Energy Cooperation: Mongolia and Russia agreed to expand Ulaanbaatar’s Third Thermal Power Plant, including the construction of new high-capacity units.
  2. Oil Supply: An agreement was signed to ensure a stable supply of oil and petroleum products from Russia to Mongolia, vital since Mongolia imports 95% of its oil from Russia.
  3. Aviation Fuel: A deal was made to increase the supply of affordable aviation fuel to Ulaanbaatar’s airport.
  4. Environmental Cooperation: The two nations agreed to work together on conserving Lake Baikal and the Selenge River, emphasizing environmental protection and renewable energy development.
  5. Health Agreement: A renewed agreement was made to collaborate on the prevention and control of zoonotic diseases like marmot plague, especially in border areas.

Source: montsame.mn
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Ambassador of Mongolia to the Kingdom of Sweden Presents His Credentials to the King of Sweden
Ambassador of Mongolia to the Kingdom of Sweden Presents His Credentials to the King of Sweden
Ambassador Extraordinary Plenipotentiary of Mongolia to the Kingdom of Sweden Munkh-Ulzii Tserendorj presented his Letter of Credence to the King of Sweden His Majesty Carl XVI Gustaf on September 4, 2024.

Ambassador Munkh-Ulzii Tserendorj forwarded greetings of President of Mongolia H.E. Khurelsukh Ukhnaa to the King of Sweden His Majesty Carl XVI Gustaf and noted that this year marks the 60th anniversary of the establishment of diplomatic relations between Mongolia and the Kingdom of Sweden. The Ambassador expressed commitment to actively developing relations and cooperation in numerous fields including trade, investment, environment, renewable energy, arts, and culture.

King of Sweden His Majesty Carl XVI Gustaf was interested in the ancient ties between Mongolia and Sweden, Mongolian nomadic culture, and the tourism sector, and expressed confidence that the relations between the two countries would further develop and expand.

Source: montsame.mn
 
23% more tourists arrived in August
23% more tourists arrived in August
In August, the Mongolian Tourism Association reported that the country welcomed nearly 140,000 tourists. This represents a 23-percent increase compared to the same period last year. As a result, the total number of tourists who visited Mongolia in the first eight months of this year has surpassed 576,000. In contrast, during the same period in 2023, Mongolia received over 651,000 tourists. This year, the number of visitors has decreased by 11.5 percent, achieving only 57.6 percent of the targeted level as a whole.
Moreover, experts attribute the decline in tourist numbers compared to last year to factors such as the accessibility and cost of air travel, as well as the impact of the 33th Olympic Games, which influenced traveler movement and flows. In Mongolia, the peak tourist season typically spans from June to August. This year, the goal was to reach 425,000 tourists during this period. However, the country welcomed 380,900 visitors, fulfilling 89.6 percent of the planned target.

Source: theubpost.com
 
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