On 17 April, Ambassador of Mongolia to the UK, H.E. Mr. Tulga Narkhuu attended as a panelist in Mongolian session of “Emerging Europe & Central Asia” conference in London, where he made a briefing on current Mongolian economic performance and Erdenes Tavantolgoi IPO.
The Ambassador also joined Mr. Nikhil Rathi, CEO of London Stock Exchange, Mr. Siniša Mali, Serbian Minister of Finance, Mr. Robert Jenrick MP, Exchequer Secretary to the Treasury, for the LSE’s market opening ceremony.
There were 400 people from international banks, financial institutions, and investors came to the conference and discussed Europe and Central Asia’s market environment in panel discussions covering topics of investment flows, growth forecast and access to capital markets.
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The “Cambridge Mongolia Seminar” was successfully organized by the Mongolia and Inner Asia Studies Unit of the University of Cambridge in partnership with the Embassy of Mongolia to the United Kingdom on 05 December 2018 at the Cambridge University. H.E. Mr. Tulga Narkhuu, Extraordinary and Plenipotentiary Ambassador of Mongolia to the United Kingdom opened the seminar and highlighted the significance of academic sphere where the scholars of two countries sharing their researches and thoughts during his opening speech.
The seminar was organized at three main parts to analyse Mongolia’s problem of political leadership and the crisis of governance in Mongolia, Mongolia’s strategic with regard to the changing geopolitical and geo-economic environment and the long–lasting Mongolia–UK cooperation in the field of Mongolian studies. There were senior mongolists Caroline Humphrey, Alan Sanders and new approaching mongolists Sergey Radchenko and Hildigard Diemberger attended at the seminar. As well as scholars from the National University of Mongolia and London South Bank University presented their presentations.
During the seminar Mongolian wood carving professional Mr. Ariunbayar Mijiddorj’s “Mongols” exhibition which is the culmination of 8 whole years of nothing but carving, hell bent on creating stories about life and culture, was displayed to the scholars and researchers as well as students of the Cambridge University.
The President of Mongolia has awarded the “ORDER OF POLAR STAR” to Mr. Uradyn E. Bulag, Professor and Researcher of the Mongolia and Inner Asia Studies Unit of the Cambridge University for his invaluable contribution in promoting Mongolian studies abroad and the “MEDAL OF FRIENDSHIP” to Ms. Libby Peachey, Administrator and Research Coordinator of the Mongolia and Inner Asia Studies Unit of the Cambridge University for her great effort in supporting Mongolian studies in Britain.
H.E. Mr. Tulga Narkhuu, Extraordinary and Plenipotentiary Ambassador of Mongolia to the UK has presented the awards on behalf of the President of Mongolia at the Cambridge University on 05 December 2018.
A delegation headed by, Mr. G.Nandinjargal, State Secretary of Mining and Heavy Industry of Mongolia attended the 16th Annual “Mines and Money” international mining event in London on 26-29 November.
Ambassador of Mongolia to the United Kingdom H.E. Mr. Tulga Narkhuu and State Secretary of Mining and Heavy Industry Mr. G.Nandinjargal made opening remarks at the session on “Mongolian showcase”, where Deputy CEO of “Erdenes Tavantolgoi” company Mr. Tsogtbayar made a presentation on the Tavantolgoi deposit and the “ETT” company’s IPO, introduced current progress of selling up to 30 percent of the total “ETT” shares on the international and domestic stock markets.
Also, “ETT” company opened a Mongolian pavilion at the “Mines and Money” exhibition, where the company was promoting the Mongolian mining sector, including projects and initiatives to the international investors.
The Mongolian delegation also visited the London Stock Exchange Group and had a meeting with Mr. David Schwimmer, CEO of the LSEG. In this meeting, both sides exchanged views on “Tavantolgoi mine” project and the ETT company’s prospective IPO.
Ambassador of Mongolia to the United Kingdom H.E. Mr. Tulga Narkhuu has delivered an opening remark at the 7th MINEX Eurasia Mining and Investment Forum on 23 November 2018 which took place in London.
In his opening remarks, H.E. Ambassador Mr. Tulga emphasized the recent changes in the economic condition of Mongolia and provided a brief update on the mining sector development.
Mongolia’s economy grew at an annualized 6.4 percent third quarter of 2018 and shrug off the near deflation rate of 1.2 percent growth in 2016. S&P Global Ratings raised Mongolia’s sovereign credit rating to ‘B’ from ‘B minus’ and assigned a stable outlook. Improved sovereign credit rating means Mongolia’s investment environment is improving and the growth outlook remains favorable for Mongolia.
Ambassador H.E. Mr. Tulga encouraged participants to invest in Mongolian rich mineral resource sector.
Moreover, Ministry of Mining and Heavy Industry and “Erdenes Tavantolgoi” state-owned company representative participated in the forum. ETT Company also showcased its “Tavan Tolgoi” project potential IPO presentation at the forum.
As per the request by the Mr. N.Tserenbat, Minister of Environment and Tourism of Mongolia, the Ambassador Mr. N.Tulga has, on behalf, received the international “Green Apple” award dedicated to the best practices for the environmental protections at the ceremony taken place on 12 November 2018 at the Westminster palace.
This award was given to the “Green passport” initiative, a pioneering effort by the Ministry of Environment and Tourism, which was introduced in view of the government’s environmental and ecological policy with the aim of positively changing attitude of young generation towards environment and nature.
Extraordinary and Plenipotentiary Ambassador N.Tulga has presented his Letter of Credence to Her Majesty Elizabeth II, The Queen of the United Kingdom and the other Commonwealth realms, at the Buckingham palace on 14 November 2018.
Ambassador N.Tulga has expressed his commitments to further strengthen and develop the bilateral friendly ties between Mongolia and the United Kingdom of Great Britain and Northern Ireland.
Upon receiving the Letter of Credence, The Queen has congratulated the Ambassador for his second appointment and while wished him a success in his endeavours, she has expressed her satisfaction toward the enhancements of the bilateral relations.
Extraordinary and Plenipotentiary Ambassador of Mongolia to the UK Mr. TULGA Narkhuu met with The Rt Hon Mark Field MP, Minister of State for Asia and the Pacific at the Foreign and Commonwealth Office (FCO) on 05 November 2018.
The State Minister congratulated the Ambassador on his second appointment and while mentioning successful development in the bilateral economic relations including mining investment and other sectors as Stock exchanges, Cambridge and Chevening programs, M. Field stated that Britain commends Mongolia’s choice to democracy and for being a beacon in the region.
The Ambassador expressed his gratitude for the British efforts on economic and other sectors’ relations and noted his commitment to be a linking bridge between the businesses and entrepreneurs of the two countries.