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| EuroChamber welcomes a new Co-chair for Wines & Spirits Working Group |
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EuroChamber is pleased to announce that Mr. Dayanjamts Davaajamts is taking on the role of EuroChamber's Wines & Spirits Working Group Co-Chair.
He, currently serving as the Supply Chain Director at Noyon Uul Erdene LLC, also known as World Wine brings a wealth of experience to his role. Before taking on his current position, he spent three years as the head of the marketing department.
With a professional background spanning 13 years in Marketing and Sales, Mr. Davaajamts has worked in various subsidiary companies of the MCS Group, including MCS Electronics, MCS Holding, MBC (a part of Heineken), and Sky Resort.
In addition to his corporate experience at Noyon Uul Erdene LLC, he has been providing consultancy services to individuals and companies, actively involved in offering practical, theoretical, and methodological guidance and training in Marketing and Branding since 2017. He contributes insights derived from his exposure to developed markets. He graduated from the Mongolian University of Science and Technology with a Bachelor's degree in Power Engineering in 2000. |
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| EuroChamber's International Trade Working Group Meeting |
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On November 5, 2023, EuroChamber's International Trade Working Group convened its monthly meeting at Tuushin LLC, an esteemed member of EuroChamber Mongolia. The session began with opening remarks by Ms. Klaartje Genbrugge, President of Eurochamber Mongolia and Chairwoman of the International Trade Working Group. The meeting delved into the topic of "Road Transport Challenges - Import and Export," featuring presentations by Mr. Khishigdorj Davaasambuu, Export Manager, Freight Planning Department, Tuushin LLC, and Ms. Tuul Ishdorj, Head of TIR & LTL Department, Tuushin LLC.
EuroChamber extends its gratitude to Tuushin LLC for hosting our members and delivering insightful presentations on the given topic.
During the Q&A session of the event, participants voiced concerns and shared challenges associated with importing and exporting via road. The disruption of railway transport due to the war in Ukraine led Mongolia to increasingly depend on road transport. Additionally, sanctions on specific products imported by both sides resulted in prolonged transportation times and increased transportation costs. In addition, the issue of recognizing Mongolian driver's licenses for drivers operating in European countries was raised by the participants. |
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| Khan Bank receives the "Bank of the Year Mongolia" from the Banker magazine |
| EuroChamber's Premium member Khan Bank received the "Bank of the Year Mongolia" award from the Banker magazine.
This marks the 9th consecutive year that Khan Bank has received this prestigious award. The award ceremony took place last Friday night in London, where Daribum T., the Chairperson of the Board of Directors of Khan Bank, and Munkhtuya Rentsenbat, the Chief Executive Officer, accepted the award trophy. |
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| UNESCO and Rio Tinto to Support Sustainable Development in Mongolia |
| EuroChamber's member Rio Tinto and UNESCO agreed to establish a comprehensive long-term partnership specifically designed to foster sustainable development initiatives in Mongolia and signed a Memorandum of Understanding on December 4, 2023, at the Ministry of Foreign Affairs of Mongolia.
Under the partnership, UNESCO and Rio Tinto will collaborate on three key areas:
- Promoting Mongolia’s sustainable practices both domestically and internationally and raising awareness about the importance of preserving and celebrating cultural and natural heritage;
- Harnessing their combined expertise, the partners will support better environmental and climate change management practices across Mongolia;
- Providing a new generation of Mongolians with specialized technical skills and knowledge, the partners aim to drive sustainable growth and socio-economic progress across the country.
Source: montsame.mn |
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| Mongolia Now Has Diplomatic Relations with All UN Member Countries |
| Deputy Minister of Foreign Affairs of Mongolia Amartuvshin Gombosuren and Minister of Foreign Affairs of the Republic of Botswana Lemogang Kwape signed the Joint Communique on the Establishment of Diplomatic Relations in New York on December 6, 2023.
The two countries agreed to strive to develop friendly relations and cooperation in areas of mutual interest, adhering to the Vienna Convention on Diplomatic Relations, the UN Charter, and the principles and norms of international law.
The parties emphasized that the establishment of diplomatic relations opens up wider opportunities for the development of cooperation in mutually beneficial areas, mutually supporting and cooperating within the framework of international organizations.
Having established diplomatic relations with a total of 192 member states, Mongolia has fully implemented the goal of establishing diplomatic relations with all UN member states.
Source: montsame.mn |
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| "Mont-Yak" Diary Products Receive “Certified Transitional Organic" Certificate |
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APU Dairy Mongolian dairy company introduced nine types of “Mont-Yak” dairy products to the market. APU Dairy launched the "Mongolian Yak-Home Production" project in Chuluut soum, Arkhangai aimag, in 2022. The company produces "Mont-Yak" yak milk dairy products adopting food safety standards in home production under the Project.
Last week, Mont-Yak's Sarlagiin shar tos [yak milk butter] and Amtat khailmag [caramelized clotted cream] products received a "Certified Transitional Organic" certificate from SFCS Certification LLC. The certificate is obtained by certifying organic food products at all stages of food production.
Under the project, value-added semi-processed and processed milk products are purchased from 30 herders of Chuluut soum in Arkhangai aimag to produce Mongolian yak organic dairy products.
Vitamin B12, zinc, and protein contained in the "Mongolian Yak" products certified as organic food are 1.5-3 times higher than in cow's milk. Therefore, the Project to deliver dairy products rich in vitamins and minerals will have a positive impact on public health.
Source: montsame.mn |
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| Domestic Harvest for Potatoes and Vegetables Set a Record |
| In 2023, Mongolia achieved a historic milestone in vegetable production, harvesting a record-breaking 183,000 tons.
Notably, the wheat and potatoes harvest successfully met 100 percent of the domestic demand, while vegetable production covered 85 percent of the requirements.Additionally, the harvest of oilseeds and fodder crops reached its highest level in the last 30 years.
Source: https://www.mofa.gov.mn |
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| Meat exports have quadrupled compared to the previous year |
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On the initiative of the President of Mongolia, Resolution No. 36 "On Certain Measures to be Taken to Ensure Food Supply and Safety" was approved in the spring session of 2022. Within the framework of this resolution, efforts are being made to support the export of 19 main products and to reduce import dependence.
Although it has been going on for more than a year, results have started to appear in the area of meat export. In 2022, our country exported 16 thousand tons of meat and meat products. As of November 15 of this year, 70,000 tons of meat and meat products were exported for 260 million US dollars. Additionally, the amount of industrially processed meat has increased 2.6 times.
Within the framework of Resolution No. 36 on Food, examining the possibility of electronic export of meat and meat products, the "One-Stop-Services Shop for Export System" was introduced, and the meat export certificate was issued electronically in July of this year. By making the services electronic, 265 requests from 99 enterprises have been received and resolved electronically. From July 1 of this year through the one-stop-services shop for export system, 11,384 tons of meat were exported in three months.
Within the framework of Resolution 36 on Food, companies working in the field of meat and meat products are expanding their business in many ways, including new plants, equipment, and job creation by participating in discounted loans. This year, investment and working capital loans of 57.6 billion MNT have been granted to 25 meat exporters.
Source: ikon.mn |
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| The law on reducing traffic congestion and providing housing to ger-district residents was approved |
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At the plenary session of the Parliament on December 7, 2023, the draft law on reducing traffic congestion in Ulaanbaatar and providing housing to ger-district residents was discussed. The draft law received approval from 93.2 percent of the members.
Proposals that gained majority support during the initial discussion at the plenary session of the Parliament were incorporated. Additionally, the wording, logic sequence, and structure of the draft law were corrected to prepare them for the final discussion without compromising the content, policies, and principles.
The law was developed to provide social and legal guarantees, ensuring citizens' right to live in a healthy and safe environment as guaranteed by the Constitution. It aims to implement provisions within the framework of Mongolia's long-term development policy, "Vision-2050," approved by the Parliament.
The law regulates relations related to the improvement of access to public transportation, the use of parking lots, decentralization, residential housing, traffic congestion, and the reduction and prevention of social and economic impacts caused by environmental pollution such as air and soil.
The Law on Reducing Traffic Congestion and Providing Housing in Ulaanbaatar consists of six chapters and 27 articles.
Source: gogo.mn |
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Our mailing address is: info@eurochamber.mn |
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