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Investment

S.Ganbaatar: Cabinet is not disclosing agreements made with Energy Resource and Shenhua

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E.Enkhmaa
2015-06-15
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S.Ganbaatar: Cabinet is not disclosing agreements made with Energy Resource and Shenhua

Independent MPs at the State Great Khural have made an announcement today.

MP Ts.Davaasuren is supporting the submission of the document of State Policy on Agriculture and proceeded with the statements that in the scope of this document the white revolution is needed to be done and reminded the words of Indian PM that Mongolia is consuming food with the highest prive tag abd suggested to establish bio and food free zone at the Khalkh Gol Free Zone. The suggestion was well received and supported by the Minister R.Burmaa as this might increase the type and number of products and produce to be exported to China.

MP S.Ganbaatar is included in the WG to prepare the Tavantolgoi Agreement for the discussions at the parliament. He stated that working group is not disclosing seven requested documents and the three most important ones are:

1. Agreement with Energy Resource and Shenhua
2. Agreement with Sumitomo to establish trading company
3. Agreement between Energy Resource and Erdenes Tavantolgoi.

Further he stated that although some documents are missing in order to proceed with the issue they will soon submit the documents for the discussion. He continued that WG will work hard on protecting rights of the Mongolian citizens on Tavantolgoi deposit which is valued at USD 420 billion, for instance how the Mongolian side can benefit from using the deposit and how to solve the share issues of the 1.8 million citizens.

Gold deposit with 70 tonns of gold is to be traded by the price of 1 tonn

Independent members of Parliament are sharply critizing the resolution on State ownership at th Gatsuurt gold deposit draft submitted by the cabinet as the Gatsuurt deposit is valued to have reserves of 70 tonns of gold. MPs are emphasizing that it is to be traded at the price value worth 1 tonns of gold or USD 200 million. MP S.Ganbaatar criticized this action as he suspects some under the table talks might have occured.

Ts.Davaasuren: Cabinet members are on "sick leave" whenever the Dubai Agreement issue is raised

Independent MPs and MP G.Uyanga, B.Bat-Erdene and L.Tsog have inquired the PM on the Dubai Agreement.

They expected to have answers on last Friday during the plenary session of State Great Khural, but no answers were received as the PM was on a sick leave.

MPs are to submit the issue again to Speaker Z.Enkhbold in order to rececive their answers within this week.

MP Ts.Davaasuren criticized the Dubai Agreement as the investments to be made worth USD 6 billion will bring no good to Mongolian economy that's why PM Ch.Saikhanbileg is on a road-show to collect more investment to USA and Europe.

Independent MPs at the State Great Khural have made an announcement today.

MP Ts.Davaasuren is supporting the submission of the document of State Policy on Agriculture and proceeded with the statements that in the scope of this document the white revolution is needed to be done and reminded the words of Indian PM that Mongolia is consuming food with the highest prive tag abd suggested to establish bio and food free zone at the Khalkh Gol Free Zone. The suggestion was well received and supported by the Minister R.Burmaa as this might increase the type and number of products and produce to be exported to China.

MP S.Ganbaatar is included in the WG to prepare the Tavantolgoi Agreement for the discussions at the parliament. He stated that working group is not disclosing seven requested documents and the three most important ones are:

1. Agreement with Energy Resource and Shenhua
2. Agreement with Sumitomo to establish trading company
3. Agreement between Energy Resource and Erdenes Tavantolgoi.

Further he stated that although some documents are missing in order to proceed with the issue they will soon submit the documents for the discussion. He continued that WG will work hard on protecting rights of the Mongolian citizens on Tavantolgoi deposit which is valued at USD 420 billion, for instance how the Mongolian side can benefit from using the deposit and how to solve the share issues of the 1.8 million citizens.

Gold deposit with 70 tonns of gold is to be traded by the price of 1 tonn

Independent members of Parliament are sharply critizing the resolution on State ownership at th Gatsuurt gold deposit draft submitted by the cabinet as the Gatsuurt deposit is valued to have reserves of 70 tonns of gold. MPs are emphasizing that it is to be traded at the price value worth 1 tonns of gold or USD 200 million. MP S.Ganbaatar criticized this action as he suspects some under the table talks might have occured.

Ts.Davaasuren: Cabinet members are on "sick leave" whenever the Dubai Agreement issue is raised

Independent MPs and MP G.Uyanga, B.Bat-Erdene and L.Tsog have inquired the PM on the Dubai Agreement.

They expected to have answers on last Friday during the plenary session of State Great Khural, but no answers were received as the PM was on a sick leave.

MPs are to submit the issue again to Speaker Z.Enkhbold in order to rececive their answers within this week.

MP Ts.Davaasuren criticized the Dubai Agreement as the investments to be made worth USD 6 billion will bring no good to Mongolian economy that's why PM Ch.Saikhanbileg is on a road-show to collect more investment to USA and Europe.

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Сэтгүүлч E.Enkhmaa
E.Enkhmaa
Category
Investment
Published
2015-06-15


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