AGP Executive Report
Last update: 9 hours agoMongolia–EAEU Trade: Mongolia’s interim trade deal with the Eurasian Economic Union is set to enter into force soon, opening a path for value-added exports like combed cashmere and wool, plus processed leather, to Belarus and the wider 180M+ EAEU market. Mongolian Energy & Industry: TMK Energy says May gas output at its Gurvantes XXXV pilot field rose 4% to 24,260 scfd, while it lines up July drilling for up to three new wells and possible workovers. Cashmere “White Gold” Push: President Khurelsukh visited Khanbogd Cashmere LLC under the White Gold program; the firm processes 1,500+ tonnes of combed cashmere yearly, has expanded capacity, and is meeting 35% of electricity demand via solar. Capital Markets: Mongolia’s Stock Exchange saw 11.42M securities traded worth MNT 14.91B over May 25–June 1, with major gains in key indices. Tech & Skills: Mongolia hosted Dronecon 2026 in Ulaanbaatar with 52 competitors, and a new ADB-backed Model Science Laboratory was set up to boost hands-on science education. Regional Connectivity: SCAT Airlines launched direct Astana–Ulaanbaatar flights twice weekly, adding to growing Kazakhstan–Mongolia business travel links.
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