The first pilot cargo shipment along the Uzbekistan–Kyrgyzstan–China–Mongolia transport corridor has been successfully completed.
Mongolian Prime Minister Luvsannamsrain Oyun-Erdene has stepped down after losing a vote of confidence in parliament, following weeks of public protests over corruption allegations involving him and his family.
Mongolia’s Prime Minister Luvsannamsrai Oyun-Erdene has stepped down after losing parliamentary confidence amid public outrage over corruption allegations. His resignation follows weeks of protests in Ulaanbaatar accusing him and his family of misconduct.
The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union (EU), is enhancing access to finance for micro, small, and medium-sized enterprises across Central Asia and Mongolia.
Mongolia’s Mineral Resources and Petroleum Authority and the Korea Gas Safety Corporation signed a Memorandum of Understanding on April 29, 2025, to enhance cooperation on flammable gas safety.
Kazakhstan and Mongolia have signed a strategic partnership agreement in Ulaanbaatar, aiming to strengthen ties in trade, transport, agriculture, and tourism, with plans to increase mutual trade from $150 million to $500 million in the near future.
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