AGP Executive Report
Last update: 9 hours agoMongolia–EAEU Trade: Mongolia and the Eurasian Economic Union interim trade deal is expected to enter into force soon, opening a path for Mongolian value-added goods—especially combed cashmere and wool products, plus processed leather—to reach Belarus and the wider 180+ million EAEU market. Capital Markets Watch: The Mongolian Stock Exchange saw 11.42 million securities traded worth MNT 14.91 billion over May 25–June 1, with major activity in Golomt Bank, Khan Bank, Invescore, MGL Aqua and APU; key indices closed higher, keeping sentiment upbeat. Cashmere Finance Push: Under the “White Gold” program, Khanbogd Cashmere received a concessional loan of MNT 65 billion and bought 300 tonnes of raw cashmere, while expanding capacity and boosting solar power—nearly 100 enterprises reportedly got concessional loans totaling MNT 520 billion last year. Drone Industry & Skills: Mongolia hosted Dronecon 2026 with 52 international competitors; PM Nyam-Osor urged phased drone adoption in mining, energy, agriculture, emergency response, infrastructure monitoring and delivery, and highlighted new jobs for drone engineering, coding, flight control and data processing. Education Upgrade: An ADB-funded project established a Model Science Laboratory to strengthen hands-on science learning and research, linking math, physics, chemistry, biology, geography and tech. U.S. Partnership: PM Nyam-Osor met U.S. Ambassador Richard Buangan, stressing third-neighbor cooperation and pushing plans like “Google Reference Schools” and laptop support from Sept. 1, 2026.
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