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What’s inside today’s edition

• 🏛️ MPP’s Battle Over New Appointment

• 🌏 Surge in Medical Tourism

• ⚡ Mongolia’s 21st-Century Survival Challenge 

No Time to Waste. Let’s Get Started! 🦘

MARKET

WB: World Bank launches $78 million power grid project to boost Mongolia’s energy security. 

MNG: B.Enkhbayar reappointed as Minister of Justice and Home Affairs.

RIO: A federal judge has approved a $139 million settlement over allegations that Rio Tinto and 2 former executives concealed issues during the expansion of a Mongolian copper mine.

❤️‍🩹 Mongolia’s Emerging Medical Tourism 

South Korea’s Gyeonggi Province is deepening its medical tourism ties with Mongolia, signing partnership agreements with 6 Mongolian medical travel agencies as part of its strategy to capture the growing flow of foreign patients seeking K-medical services.

• 📍 Gyeonggi-do Province ranks second in the country after Seoul. As of 2024, the province attracted 50,000 foreign patients, including 3,509 Mongolians.

🤝 Ulaanbaatar x Gyeonggi 

The Gyeonggi Tourism Organization and Gyeonggi International Medical Association signed a deal in Ulaanbaatar to promote Gyeonggi’s healthcare offerings to Mongolian consumers. The agreement includes joint marketing, high-value medical tourism packages, and exchange programs. Since April, “K-medical experience” programs have attracted around 1,000 medical tourists from Mongolia, Russia, and other CIS countries. GTO’s president emphasized Mongolia as a key partner for attracting high-value medical tourists.

🧗‍♂️ Mongolia’s Growing Medical Tourism to South Korea

In 2024, approximately 25,000 Mongolian patients visited South Korea for medical treatment, marking a 16.5% increase from the previous year. Overall, around 80,000 Mongolians travel abroad annually for healthcare.

• 👥 Most seek treatment in China and South Korea, followed by Thailand, India, Turkey, and Singapore. Surgery accounts for 78% of services, with the remainder split among consultations, rehabilitation, follow-ups, and other care.

• 📊 Between 2018–2020, Mongolians spent $5.3 million in South Korea, accounting for 46% of total overseas medical spending, $3 million in India, and $1.4 million in China, underscoring Mongolia’s growing reliance on high-quality regional healthcare.

Overall… Mongolia is emerging as a key source of medical tourists in Asia, with many seeking treatment abroad for conditions unavailable at home. The trend underscores the country’s growing reliance on high-quality regional healthcare services.

⭐ Selected for you

ECONOMY & BUSINESS

• From First Pour to Future Potential: Erdene’s Next Chapter Begins. (BusinessTelevision) 

• Paris Baguette Opens First Store in Mongolia. (TheChosunDaily)

• Alapala Completes Flour Mill in Mongolia. (WorldGrain)

POLITICS

• Mongolia’s Political Crisis Deepens as Top Court Reverses PM’s Dismissal. (EFE)

• Why Asia's Gen Zs Are Angry: Protests In Nepal, Mongolia, Philippines, Indonesia. (CNA)

• Official Launch of the Canada-Mongolia MERIT Project. (EmbassyofCanada) 

• Ambassador of Mongolia to the U.S. Visits With the First Presidency at Church Headquarters. (ChurchofJesusChrist)

• Mongolia, Czech Republic to Cooperate in Mega Projects. (Montsame)

• Jordan, Mongolia Sign Deal to Strengthen Cooperation. (Zawya)

CULTURE & LIFESTYLE

• Mongolia, Siberia, Nepal, and Kazakhstan to Face Unlivable Winter 2025 as Record Snowstorms and Deadly Cold Could Bring Entire Regions to a Halt. (TTW)

• The 15th Asia Tourism Forum to Take Place in Mongolia in 2026. (AKIPress)

• Mongolia Joins Global Campaign to Celebrate Snow Leopard Day. (XinhuaNews)

• Desert Ark, a 3D Printed Shelter Comes to Life in the Inner Mongolian Desert. (VoxelMatters)

🇲🇳 21st-Century Survival: No Power, No Fuel!

Politics has been in turmoil for nearly 2 months. Meanwhile, a harsher winter has brought widespread electricity blackouts and now, a fuel shortage. Long lines snake around gas stations, with many waiting hours only to leave empty-handed.

‼️ War on the sidelines

On October 6, the Minister of Industry and Mineral Resources assured the public, “Don’t panic, there will be no fuel shortage. We have a 30-day supply.” Yet, less than 20 days later, queues of up to 2 km formed at some stations. Officials blame citizens for filling tanks and point to limited fuel tanks. Some politicians joke that the country should prioritize tanks over mega projects. 🤦‍♀️

🇲🇳 Trapped

Since August, Ukraine has targeted Russian energy infrastructure in over 20 strikes, aiming to pressure Moscow’s main revenue source, which finances its war. Mongolia, heavily reliant on Russian fuel imports, is now feeling the fallout.

• 😞 Frequent interruptions, massive outages: Mongolia typically faces fuel shortages once a year. 2 years ago, total reserves fell 42.4% compared to the previous year. Today, AI-92 reserves are below 2023 levels, even as the number of vehicles on the road continues to grow.

📌 Is there a solution?

The shortage may be partially alleviated by Chinese imports, 4,680 tons of AI-92 fuel across 78 wagons are en route, with plans to double imports. Mongolia has reserves capable of exporting 3–4 million barrels of crude annually, yet nearly a decade without a domestic refinery leaves the country vulnerable. Temporary fixes are not enough, both citizens and politicians know the basics, but decisive action remains elusive.

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Publisher: Ts.Ankhbayar
Writer: M.Khulan
Graphics by: Ts.Tselmeg

Disclaimer: The information Inside Mongolia provides is for educational and informational purposes only. It is not intended to be or constitute financial advice, trading advice, or any other advice. The decision whether to consider the information we provide is solely our readers' independent decision.