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Mongolia Advances Oyu Tolgoi Oversight as Ulaanbaatar Moves to Electrify Taxi Fleet

Parliament readies recommendations from its Oyu Tolgoi audit for a full vote.

Overview

  • A parliamentary temporary committee debated a draft resolution stemming from a special audit and hearings on Oyu Tolgoi and agreed to present its recommendations to a plenary session.
  • Lawmakers weighed amendments ranging from retaining language permitting licence cancellation in necessary cases to proposals to drop it, alongside calls to tighten water‑use and environmental safeguards.
  • Ulaanbaatar’s mayoral office submitted a plan to deploy 2,000 electric and plug‑in hybrid taxis over five years under unified management, with an initial ₮77 billion financing mix of a 16.5% commercial loan (74%) and an interest‑free city fund facility repaid over six years (26%).
  • The city council scheduled deliberation on the taxi plan at its next meeting, with the rollout targeting 1,000 vehicles in year one and 500 each in years three and five.
  • The 2024 trafficking situation report under the Child Protection Partnership was published with U.S. State Department support, while year‑end updates included Mongolia placing fourth at a new ChinaMongolia motocross in Chongqing and MNB reporting 148 national‑team medals in 2025 despite a headline stating 149; MNCCI also named BSB MEBEL the Outstanding Importer Entrepreneur for 2025.