AGP Executive Report
Last update: 8 hours agoTrade and Mining: Mongolia’s export revenue reached $16.6 billion in the first nine months, up 54% year on year. Copper concentrate exports met the annual target and coal reached 95.7%; the government also ordered steps to ease congestion at Gashuunsukhait and launch more cross-border rail links. Agriculture: Wheat reserves stood at 52,600 tonnes on October 5, against a 100,000-tonne goal. The country had harvested 338,500 tonnes of grain so far, with a planned total of 555,300 tonnes. Tourism: Mongolia has welcomed 856,636 foreign visitors this year, already surpassing the 2025 full-year total as the government pushes to diversify beyond mining. Workforce and Payments: Canadian colleges are partnering with Mongolian ministries and regional schools to update vocational training in agriculture, food production and renewable energy. Khan Bank is also among the first UnionPay partners set to join a network enabling mobile-wallet payments in Japan. Energy and Cashmere: Mongolia selected Gobi Renewables to power the Oyu Tolgoi mine, while the government has provided MNT 440 billion in working-capital loans to the cashmere sector.
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