Parliament is reviewing a new $700M loan with India’s Exim Bank to fund increased costs for the Oil Refinery Project, a key initiative since 2017; the deal, at a 1,75% interest rate, includes stricter financial terms and a 20-year repayment plan

The Best Mongol Calligrapher 2024 International Contest honored its winners at Chinggis Khaan Museum; over 1.200 participants showcased script artistry, coinciding with the script’s reinstatement in public offices

At the 36th Harbin Ice Sculpture Competition, in China, Mongolian Z. Ganjargal and Kh. Altankhuu won gold, D. Tserenbat and B. Bayarsaikhan secured silver; Mongolian sculptors, regular participants since 2010, are among the most appreciated contenders

Mongolia and France’s Orano Mining Group have reached a preliminary agreement to develop a $1.6 billion uranium mining project; the preparatory phase is set to be conclude in 2027, with production expected to begin in 2028

In 2024, Chinggis Khaan International Airport welcomed over 2 million passengers for the first time since its founding in 2021, reflecting a 6.5% increase in air travel, thus achieving a historic milestone for Mongolia