MONTSAME Daily News

CRIMINAL CODE AMENDMENTS APPROVED


Ulaanbaatar /MONTSAME/ The parlia¬ment approved amendments to the Criminal Code with the support of 76.9 per cent during today’s plenary session, The Government sub¬mitted the bill on December 23, 2016. The new Criminal Code has reduced a number of crimi¬nal sanctions and sentencing provisions to 30, while it was over 80.
The Code has new regulations, including to charge not only to officials who breached leg¬islation with accountability, but also that entity or owners or investors, who forced to breach law by assigning duties for crimes, such as terrorism, corruption, environmental destruc¬tion or pollution, anti-economic safety, money laundering and anti-property. In other words, entity and individual both can be charged with duplicated legal responsibility.
According to previous version of the Crimi¬nal Code, for example, when CEO breaches law, realizing his/her owner’s or BoD’s deci¬sion, the CEO used to be charged legal re¬sponsibility.
The new law will come into force on July 01 of this year.
B.Ooluun

MONGOLIAN CITIZENS IN POLAND TO BE INSURED TO GET PENSION


Ulaanbaatar /MONTSAME/ Yesterday, May 10, in its regular meeting, the cabinet backed draft intergovernmental agreement of Mongo¬lia and Republic of Poland on Social Protection and entitled Minister N.Nomtoibayar to sign the agreement, if the relevant Standing Committee of Parliament supports it.
Mongolian citizens, who reside in Poland, purchase short term social insurance that al¬lows them to get benefits related to health and employment. However, there is no legal basis that enables Mongolians to register for pension insurance and to be repaid when they return to motherland or get a pension when they are retired.
Therefore, the Government of Mongolia held talks with the Polish part and agreed to adhere to some principles. Those include, not to register for duplicated insurance contract in both countries, insurance premiums should be paid according to relevant legislation of that country, to allow the insured to include total premium paid period that paid in both countries in the calculation of the premium and to get a pension in compliance with his/her paid period as well as to provide the insured the pension, who are entitled to receive pensions and ben¬efits, regardless where the insurer resides in, or on the territory of the two countries or in the third country.
The Government considers the agreement prevents Mongolian citizens in Poland from being left behind pensions or getting a small amount of pension. A statistical data of 2015 shows that, 923 Mongolian citizens live in Po¬land.
B.Ooluun

CABINET APPROVES DRAFT AGREEMENTS ON INFRASTRUCTURE DEVELOPMENT


Ulaanbaatar /MONTSAME/ During its regular meeting on May 10, Wednesday, the Cabinet discussed and approved draft special loan agreements on projects ‘Construction of steel-concrete bridges on Tuul River in Bay¬anzurkh and Sonsgolon’ and ‘Construction of Ulaanbaatar-Mandalgobi electricity transmis¬sion network and electrical substation’ to be established by the Ministry of Finance and Chi¬nese Export-Import Bank.
From USD 1 billion soft loan issued by the Export-Import Bank following an agreement es¬tablished with Mongolian Government in 2015, USD 118 million fund will be allocated for the Ulaanbaatar-Mandalgobi electricity transmis¬sion network and electrical substation project.
With establishment of the agreement, the Cabinet views, electricity will be distributed to major mines like Oyu Tolgoi, Tavan Tolgoi and Tsagaan Suvarga, and moreover, there will be two electricity sources when Tavan Tolgoi pow¬er station launches its operation.
The Bayanzurkh bridge on Tuul River, inau¬gurated in 1963 and 1965, will be enlarged with the project, and the road leading to Sonsgolon bridge will be expanded to a four-lane road.
Kh.Aminaa

CABINET APPROVES REVISED LAW ON PUBLIC OPINION POLLING


Ulaanbaatar /MONTSAME/ During its regu¬lar meeting on May 10, Wednesday, the Cabi¬net discussed and approved a draft revision to Law on Public Opinion Polling. The draft bill will be submitted to Parliament, reflecting the sug¬gestions made by Cabinet members.
The revision reflects a change in the time period allowed to conduct public opinion poll prior to election day. In specific, the law pre¬viously regulated that public opinion poll must be conducted at least 65 days prior to election day; however, the draft bill legalizes 21 days.
The Cabinet thus approved the draft revi¬sion, expressing a stance that conducting a referendum on amendment to the Constitution of Mongolia with the Presidential Election will save budget.
Kh.Aminaa

MAJOR TOURIST ATTRACTIONS TO BE REFINED


Ulaanbaatar /MONTSAME/ During the Cabinet’s regular meeting on May 10, Wednes¬day, Minister of Environment and Tourism D.Oyunkhorol reported on the crucial necessity to ensure safety and hospitality for travelers in protected areas, and facilitate better emergen¬cy management in times of possible hazards.
In regard to this, the Cabinet assigned the Minister to take necessary measures to extend Bogd Khan Mountain road and build standard parking lot for vehicles and bicycles and ven¬dors within this year.
Also, the Cabinet ordered corresponding Ministers and officials to establish tourism re¬gions in Bogd Khan Mountain, Gorkhi-Terelj National park and Khuvsgul Lake areas.
Kh.Aminaa

AGREEMENT ON SOUTH KOREAN LOAN TO BE DISCUSSED BY PARLIAMENT


Ulaanbaatar /MONTSAME/ At its yester¬day’s meeting, Cabinet discussed “General agreement between Governments of Mon¬golia and the Republic of Korea on loan from the Economic Development Cooperation Fund (EDCF) from 2017 to 2019”. Projects and pro¬grams to be implemented with the loans will be discussed after the approval of the agreement by the Parliament.
The loan amount totals USD 500 million with 0.2% of interest rate and has a repayment period of 30 years and a grace period of 10 years.
B.Amarjargal

AGREEMENT ON INDIAN GOVERNMENT LOAN TO BE SUBMITTED FOR IMMEDIATE PARLIAMENTARY DISCUSSION


Ulaanbaatar /MONTSAME/ The cabinet discussed the bill of ratification of General Agreement on Credit Line of USD 1.0 billion between the Government of Mongolia and the Government of the Republic of India, and re¬solved to recommend the parliament to run im¬mediate discussion on this matter.
The 20-year loan will have annual interest rate of 1.75 percent with 5-year grace period. It has been agreed by both governments to dedi¬cate the credit financing to projects on indus¬trialization, railroad, infrastructure, agriculture and other important economic fields.
In regard to the amount of financing, credit grace period for infrastructural projects costing more than USD 200 million and project with strategic importance that cost USD 100 million or more will be seven years, with overall credit term of 25 years.
B.Amarsaikhan

IDA FUNDING PROGRAMME TO BE SUBMITTED FOR IMMEDIATE DISCUSSION


Ulaanbaatar /MONTSAME/ General Fund¬ing Program, signed by the Government of Mongolia, World Bank and the International Development Association, was discussed by the cabinet on May 10. If backed by parliament, IDA will open line of soft-term credit of USD 79 million, which was allotted for Mongolia for 2015-2017.
The credit is expected to be distributed to projects for promoting employment, macro¬economics, improving legal environment for financing sector, building financial capacity, up¬grading energy distribution and sustaining the western region’s energy demand with renew¬able energy production.
The ministers decided to submit it for im¬mediate discussion of the parliament.
B.Amarsaikhan

DEVELOPMENT ROAD PROGRAM BACKED


Ulaanbaatar /MONTSAME/ On May 10, the cabinet approved the Development Road Pro¬gram, which will aim at intensifying the devel¬opments in sectors of road, transport, energy, communication, mining, industry and tourism, connecting Mongolia with other countries by better infrastructure, eliminating trade barriers and reducing transport costs of goods.
Related ministers were tasked to reflect general guidelines of actions and annual ex¬penditures into the Government Budget, plan of foreign governments’ and international orga¬nizations’ credits and assistances, and to seek to raise funds from public and private partner¬ships.
The government expects from implementa¬tion of the program an increased investment in infrastructural projects and community devel¬opments, upgrade of extractive industries, in¬creased amount of workplaces, improved living condition and increased GDP.
B.Amarsaikhan

CABINET MEETING IN BRIEF


The regular meeting of Cabinet was held on May 10, Wednesday.
- After discussing the results of the 17th meeting of Joint Committee between Mongolia and the European Union held on March 30-31 in Ulaanbaatar, the Cabinet obliged Foreign Minister Ts.Munkh-Orgil who is a Head of the Mongolia’s side of the Joint Committee to ap¬prove a follow-up action plan to be carried out by and control the implementation.
- The Cabinet allowed the Ministry of For¬eign Affairs to use assets worth over EUR 32 thousand from the Government reserve fund to issue diplomatic biometric passports with repayment condition. E-technology to save personal data will be used for the biometric password, which will be covered with plastic laminate with 7.5 GB storage capacity with an-tenna.
- The Cabinet decided to spend the excess revenue of ‘Fees and service charge from ve¬hicles travelling through international and na¬tional auto roads and road facilities’ for financ¬ing the needed expenses for the extension and renovation of 2.5 km and 3.5 km roads in Tuv aimag.
B.Oyundelger

AMBASSADOR G.BATTUNGALAG PRESENTS HER DIPLOMATIC CREDENTIALS


Ulaanbaatar /MONTSAME/ On May 10, G.Battungalag, Ambassador Extraordinary and Plenipotentiary of Mongolia to Austria present¬ed her diplomatic credentials to Alexander Van der Bellen, President of the Republic Austria.
Following the ceremony of presenting credentials, President Alexander Van der Bel¬len received Ambassador G.Battungalag to talk about bilateral relations and cooperation between the two countries. Then, the sides expressed their satisfaction with the actively developing political relations of Mongolia and Austria. After mentioning her aim to strengthen and enrich the bilateral relations in the fields of economy, investment, agriculture, education, renewable energy and tourism, the Mongolian Ambassador confirmed the invitation of for the Austrian President to visit Mongolia.
In turn, President Alexander Van der Bel¬len expressed his opinion that Mongolia and Austria have broad possibilities to intensify re¬lations between the two countries.
The sides pointed out the importance of the establishment of direct partnership among pri¬vate sector and entrepreneurs with a view to promote economic cooperation and agreed to carry out measures in this regard.
Mongolia and Austria established diplo¬matic relations in 1963 and the President of Mongolia paid an official visit to Austria in 2014.
B.Oyundelger

MINISTER OF MINING MEETS NEW CEO OF OYUTOLGOI


Ulaanbaatar /MONTSAME/ On May 10, Ts.Dashdorj, Minister of Mining and Heavy In¬dustry of Mongolia received newly-appointed CEO of OyuTolgoi LLC Armando Torres.
After giving information about the ongoing and future works and actions of the OyuTolgoi LLC, CEO Armando Torres introduced that the OyuTolgoi Company is working to support na¬tional suppliers, improve their communications of those domestic suppliers, simplify procure¬ment activities and on issues on how to estab¬lish promote manufacturing.
In turn, Minister Ts.Dashdorj pointed out that as part of their social responsibility, the OyuTolgoi Company needs to employ more Mongolian people for its workforce, improve living conditions of miners and build more resi¬dential apartments in Khanbogdsoum of Um¬nugobiaimag.
B.Oyundelger

INNOVATION DEVELOPMENT POLICY AND STRATEGY DISCUSSED


Ulaanbaatar /MONTSAME/ National Fo¬rum on Innovation was held on May 10 at the State House. The event is a part of Mongolian Innovation Week-2017, which is being been organized by The Ministry of Education, Cul¬ture and Science, Ministry of Labor and Social Protection, Ulaanbaatar City Department of In¬dustry and Innovation, Mongolian Foundation for Science and Technology and the Mongolia University of Science and Technology on May 8 to 14.
Over 900 delegates from government, NGO, business, science and education sectors attended the forum, discussing policy and strat¬egy to develop innovation, cooperation possi¬bilities and directions among stakeholders of innovation activities. The week aims to promote knowledge economy by way of spreading knowledge about innovation in all areas of society and economy of Mongolia and engraining creative mindset and innovation culture and to give im¬petus to the full realization of goals to become an industrialized country from a consumer economy by widening innovation partnerships. The innovation week has a broad participation, involving universities, academic and business organizations, manufacturers, public and pri¬vate sectors, non-government organizations and professional associations.
In the scope of the innovation week, an open innovation exhibition was held on Sukh¬baatar square, where over 50 entities, such as universities and scientific institutions displayed their innovative works and new technologies and products. Today, International Conference on Innovation and Entrepreneurship Develop¬ment - 2017 (ICIED) International conference on innovation and entrepreneurship develop¬ment opened at the Mongolian University of Science and Technology.
B.Ooluun

A PROJECT TO REDUCE GREEN HOUSE GAS EMISSION IN CONSTRUCTION SECTOR


Ulaanbaatar /MONTSAME/ Yesterday, May 10, launch and inception workshop of The Na¬tionally Appropriate Mitigation Actions (NAMA) in the construction sector in Mongolia project was held. During the workshop, the project goals, strategy and expectations were intro¬duced and experts discussed about develop¬ment and implementation of mitigation actions and creating measuring, reporting and verifica¬tion system for NAMA.
The objective of the project is to facilitate market transformation for energy efficiency in the construction sector through the develop¬ment and implementation of NAMA in Mongo¬lia. The project will be implemented by Ministry of Environment and Tourism and Ministry of Energy with support of Ministry of Construction and Urban Development and UNDP over three years with funding of USD8.1 million.
With an increase in housing demand, the construction sector had been thriving recipro¬cally over the past decade. The projection of housing demand based on the population growth rate indicates approx. 140,000 apart¬ment units will be constructed between 2020 and 2030, which translates to around 14,000 new units annually. As the building stock con tinues to grow, energy demand simultaneously escalates.
Urban household energy use dominates energy demand in the building sector, which is projected to nearly double between 2010 and 2035, despite the combination of energy effi¬ciency improvements and ongoing shift away from less-efficient biomass heating fuels. It is expected to achieve GHG emission reductions through the displacement of electricity heat generation from coal power plants and Com-bined Heat Powers.
B.Ooluun

INT’L SPORTS JOURNALISTS MEETING IN SOUTH KOREA


Ulaanbaatar /MONTSAME/ On May 9 to 13, the 80th Congress of the International Sports Press Association (AIPS) is taking place in Pyeongchang county of the Republic of Ko¬rea where the 2018 Winter Olympics will be organized.
More than 250 sports journalists and re¬porters from over 100 countries, including Mon¬golia are attending the meeting, exchanging views on the state of sports journalism, media coverage of international sports events and is¬sues on press freedom, corruption and doping.
On the last day of the meeting, the AIPS will hold elections to choose its president, vice president and members of its Executive Com¬mittee.
This is the third AIPS Congress to be host¬ed in South Korea, with previous meetings took place in 1987 and 2011 in Seoul city.
B.Amarjargal

MAY 11 EVENTS

Following events are expected on May 11, Thursday.
Parliament’s plenary session takes place.
11AM: “Open Day” event on health sector takes place at the central square.
11AM: JCI to hold press briefing on the “JCI Regional Congress for Asia and Pacific 2017” at the National Information Center.
11AM: Economic Policy and Competitive¬ness Research Center to present “Competi¬tiveness of Aimags 2016” at “Mongol News” information center.
11AM: Ministry of Labor and Social Protec¬tion to award the entities that maintained work¬place safety in 2014-2016 and sustainable jobs in 2012-2016 at Chinggis Khaan hotel.
11.30AM: “Tenkhleg Zuuch” LLC to dis¬close Housing Price Index of April 2017 at the Bank of Mongolia
1PM: Opening ceremony of international and national arbitration for sport at Tuushin Hotel
3PM: Awarding ceremony of best tax pay¬ers to take place at Shangri-La hotel.
At the General Election Commission:
9.50AM: Mongolian People’s Party to de¬liver the documents of candidate nominating in the Presidential election of 2017.
11.30AM: Mongolian People’s Revolution¬ary Party to deliver the documents of candidate nominating in the Presidential election of 2017.
11.40AM: Democratic Party to deliver the documents of candidate nominating in the Presidential election of 2017.
B.Tugsbilig




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