An assembly of trade unions gathered together at Sukhbaatar square to protest the recent rise in fuel and oil prices. Prices jumped as high as MNT 250 more per liter two weeks ago, causing widespread price increases for commercial goods and anxiety among the populace.

Two weeks ago the Confederation of Trade Unions (CTU) announced that they would demonstrate alongside other organizations such as the National Association for promised demands, and the Union of Consumer Interests.

CTU President S. Ganbaatar said rising gas prices are “really worsening people's living standards.” He added that the trade unions of are fighting to protect citizens' interest, and, “This is not a political fight. It is an economic fight.”

Speaker D. Demberel and head of the Standing Committee on Economics D. Zorigt met with representatives of the CTU and commended them for their stance. They agreed that the price increases were unjustified and that they understood their position.  He said the Bank of Mongolia has organized a national currency auction to cool down the currency rate and an investigation was already underway by the committee led by Zorigt.

Following their meeting with officials, the demonstrators opted to suspend their protest.