Ethnic Unity Law Watch: China’s Ethnic Unity and Progress Promotion Law is set to take effect next week, with Chinese officials and state media pushing back against claims it targets minorities, while Australia warns it could enable overseas legal pressure. Korea Peace Diplomacy: Mongolia’s former PM Gombojav Zandanshatar says Mongolia should act as a “connector” to keep dialogue alive on the Korean Peninsula, echoing the Ulaanbaatar Dialogue approach. Mongolia–China Economic Push: PM Nyam-Osor met China’s Li Qiang in Dalian, focusing on accelerating value-added processing projects in copper, aluminum and steel, plus trade and a friendlier legal framework for business. Mongolia Capital Markets: The Mongolian Stock Exchange saw 5.3m securities worth 7.7bn MNT traded last week; indices were mixed, with investors shifting toward mid- and small-cap stocks. Biodiversity for 2030: Mongolia approved its National Biodiversity Strategy and Action Plan (NBSAP), setting goals and targets through 2030 and linking conservation to water, pastures, soil and food security. Defense Cooperation: Mongolia and Türkiye signed three defense-sector documents covering military training and military financial cooperation. Sports & Business Visibility: Central TV and NBCUniversal Formats launched “On Brand Mongolia,” a new business competition series planned for Q4 2026. Local Finance Risk Alert: A report flags Ulaanbaatar’s budget “explosion” and execution/financing risks tied to mega-projects, with much funding dependent on unconfirmed foreign loans and PPPs.