AGP Executive Report
Last update: 11 hours agoTobacco Policy: Parliament approved amendments to Mongolia’s tobacco law, the first update in 13 years. From January 1, 2027, cigarettes and vapes will face equal taxes and rules, and flavored tobacco products will be banned. Ulaanbaatar Transit: The city plans to build BYD’s elevated electric “Sky Shuttle,” with construction targeted for March 2027 and trial service in November. India Ties: Mongolia and India reviewed defence cooperation in Ulaanbaatar, including military training and cybersecurity support. Development: Mongolia has become a donor to the World Bank’s fund for the poorest countries, pledging about $1.3 million after decades as a recipient. Conservation: The Mongolian saiga population has rebounded to 28,800, from roughly 1,000 in 1981. Energy and Prices: September inflation reached 12.9% as fuel shortages pushed more drivers toward Chinese electric vehicles; Saudi Arabia’s ACWA Power is also advancing plans for a 4.5-gigawatt renewable energy project. Diplomacy: President Ukhnaa Khurelsukh is set to make a state visit to Germany, the first in 14 years.
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