Banking & Telecom Deal: KT signed an agreement with Woori Bank and Mongolia’s Trade and Development Bank to offer integrated services for Mongolians entering South Korea, including KT’s “5G Welcome Plan” passport-only activation and joint remittance-linked promotions. Mining Update: Azzuro Resources (ASX:AZ9) reported another strong Red Hill copper-gold drill result, including 13.1m at 2.58% copper plus gold, silver and zinc, and says it has extended the massive sulphide system by 124m. Inflation Watch: Mongolia’s CPI inflation rose to 11.2% in May, driven mainly by higher imported goods prices and meat and some domestic commodity costs, while the central bank targets ~5% from 2027. Energy Trade: Russia’s Inter RAO expects cross-border electricity imports/exports to stay flat in 2026 at about 10bn kWh, with Mongolia among key destinations. Regional Transport: Mongolia hosted the CAREC Transport Sector Coordinating Committee meeting, discussing the CAREC Transport Strategy 2030 midterm review and plans to strengthen logistics and “Transit Mongolia” corridors. Trade Facilitation: Kyrgyzstan was elected chair of the UN ESCAP Paperless Trade Council for the third straight time, with Mongolia appointed deputy chair. Uranium Project: Orano began the construction phase for the Zuuvch Ovoo project in Mongolia’s Dornogobi, highlighting long-term uranium development plans. Construction Sector: Mongolia’s construction industry hit MNT 11.7tn in construction and major renovation by end-2025 and is preparing draft laws including a specialized housing bank. Agriculture & Risk: Foot-and-mouth disease preparedness was heightened in Khovd province, with bans on large gatherings and new SAT-1 strain detections reported.