AGP Executive Report
Last update: 3 hours agoUlaanbaatar Transit: The capital has signed a preliminary agreement with BYD to study an elevated electric “Sky Shuttle” system. Design work is due by December, with construction targeted for March 2027 and trial operations later that year. Defence Ties: Mongolia and India reviewed military cooperation in Ulaanbaatar, including training and cybersecurity support, and discussed expanding their strategic partnership. Germany Visit: President Ukhnaagiin Khurelsukh is set to make a state visit to Germany, the first by a Mongolian president in 14 years. Energy and Trade: Saudi Arabia’s ACWA Power is exploring a 4.5-gigawatt renewable energy project in Mongolia, while Mongolia’s exports topped US$16 billion in the first nine months of the year. China Link: Workers completed installation of all beams on the Gantsmod-Gashuunsukhait railway, a second cross-border rail connection intended to strengthen trade links with China.
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