The Mongolian government has announced a resolution to enhance its tourism sector by creating opportunities to receive tourists throughout all four seasons. This initiative aims to diversify the nation's tourism offerings and boost visitor numbers by showcasing Mongolia's unique attractions year-round.

Prime Minister Luvsannamsrain Oyun-Erdene is set to participate in the 16th Conference of the Parties (COP16) to the United Nations Convention to Combat Desertification (UNCCD). His attendance underscores Mongolia's commitment to addressing environmental challenges, particularly desertification, which significantly impacts the country's ecosystem and economy.

A gas tanker crash in Mongolia's capital, Ulaanbaatar, led to a massive explosion, resulting in three deaths. Hundreds of firefighters were deployed to control the ensuing blaze.

Mongolia has declined Russia's proposal to construct the "Power of Siberia-2" gas pipeline through its territory. This decision deals a significant blow to Russia's plans to redirect gas exports towards Asia amid ongoing sanctions.

The International Criminal Court (ICC) has reported Mongolia to its oversight body for failing to arrest Russian President Vladimir Putin during his visit to the country. Despite an existing ICC arrest warrant, Mongolia welcomed Putin with an honor guard in Ulaanbaatar. The ICC's Assembly of States Parties will review Mongolia's non-compliance at its December meeting in The Hague.

Mining giant Rio Tinto has raised its copper production forecast for 2025, anticipating a significant boost from Mongolia's Oyu Tolgoi mine, which is expected to see a 50% rise in output. This aligns with the company's strategy to become a key player in providing materials for the global energy transition.

Global commodity trader Trafigura reported a 60% drop in net profits for 2024, falling to $2.8 billion—the lowest since 2020—following a significant oil fraud in its Mongolian operations. The company recorded a $358 million impairment for its Mongolian business and is investigating $500 million in unaccounted funds. These incidents have led to increased scrutiny from lenders and a reevaluation of the company's internal controls.

Representatives from central banks, including Mongolia's, have indicated continued interest in gold purchases. This trend reflects a strategy to diversify reserves and hedge against economic uncertainties.

China has expressed readiness to strengthen cooperation with Mongolia and Russia, particularly in economic and infrastructural projects. This trilateral cooperation aims to enhance regional development and connectivity.

A gas tanker explosion in Mongolia has resulted in multiple casualties. Authorities are investigating the cause of the explosion and assessing safety protocols to prevent future incidents.