11 quotes found
"Овоо босгоогүй бол шаазгай хаанаас суух вэ."
"Commodities, and their prices, remain a critical valve for the Mongolian economy. After years of soaring economic growth, the Mongolian economy has precipitously cooled over the few past years with a sharp decline in GDP growth and a looming deficit of foreign direct investment (FDI). Indeed, Ulaanbaatar remains heavily dependent on the mining sector for its economic fortunes, which have been battered over the past three years due to the sinking price of coal as global supply outpaced demand. But while the demand for coal is once again slated to surpass supply in the coming years, Mongolia’s FDI numbers remain low."
"In Mongolia, when a dog dies, he is buried high in the hills so people cannot walk on his grave. The dog’s master whispers in the dog’s ear his wishes that the dog will return as a man in his next life. Then his tail is cut off and put beneath his head, and a piece of meat of fat is cut off and placed in his mouth to sustain his soul for its journey; before he is reincarnated, the dog’s soul is freed to travel the land, to run across the high desert plains for as long as it would like. I learned that from a program on the National Geographic Channel, so I believe it is true. Not all dogs return as men, they say; only those who are ready. I am ready."
"Historically and geographically, Russia and Mongolia are more than just close neighbors. The peoples of our countries are united by a close and trusting relationship based on friendship and mutual respect."
"Thanks to the policy of the first President of Kazakhstan Nursultan Nazarbayev, the two countries (Kazakhstan and Mongolia) laid the foundation for a consistent development of the Kazakh-Mongolian relations. President Kassym-Jomart Tokayev adheres to continuation in foreign policy and gives a special attention to an effective development of cooperation with Mongolia."
"Mongolia is a symbol of religious freedom."
"Once this (grid energy storage) construction is put into operation, the independence of the central power system will reach a new level. In the context of energy recovery, renewable energy sources, including the construction of hydropower plants, will be made a priority, and we will make every effort to complete the construction of the Erdeneburen Hydropower Plant and start the Eg River Hydropower Plant project. Also, construction projects such as the expansion of Thermal Power Plant 3 to increase its capacity by 75 MW and upgrade to 250 MW, Tavantolgoi Thermal Power Plant, Baganuur Power Plant and Choibalsan Thermal Power Plant to increase capacity by 50 MW will be kicked off without delay. Most recently, the construction of the 116 MW Amgalan Thermal Power Plant, which will provide thermal energy for the eastern region of Ulaanbaatar City, has been started."
"Mongolia is rich in energy resources, but economic progress has been stifled for 34 years due to a lack of energy transition. We are now addressing this gap with a series of reforms, and the results are beginning to show."
"In 2024, we set a goal to increase Ulaanbaatar's energy capacity by 200 MW, and we achieved this goal within one year. Moreover, we managed to supply energy to the Central System ahead of schedule. This accomplishment ensures there will be no electricity restrictions during peak winter loads. Additionally, the Baganuur 50 MW Battery Storage Power Station began supplying energy to the Central System on 13 December 2024. This 50 MW Battery Storage Power Station operates in an energy-efficient manner, storing surplus electricity generated during night time and distributing it during peak hours."
"Our (Mongolia) economy is relatively small, but the insiders gained an advantage by using their political influence to get privileged access to all the public funds, investment, land permits."