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State Minister M.Enkhsaikhan received representatives of Sumitomo Corp., on TT negotiation

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B.Ireedui
2015-04-07
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State Minister M.Enkhsaikhan received representatives of Sumitomo Corp., on TT negotiation

Tavantolgoi Project Leader and State Minister M.Enkhsaikhan received General Manager of Coal Dept. at Sumitomo Corporation, Susumu Ishihara that participated in Investor Consortium.

During the meeting, Mr.Susumu Ishihara said "I arrived in UB to participate in signing of TT investment agreement. It has became difficult for me as I havn't been psychologically prepared for the delay of signing. TT project is very important for both Government of Japan and Sumitomo Corporation. During the Mongolian Prime Minister`s visit to Japan in February of this year, CEO of Sumitomo Corporation Mr. K.Nakamura hold meeting with PM Ch.Saikhanbileg specifically and discussed on TT investment. We had assumption that the agreement is to submitted for the approval by the Government to State Great Khural."

Tavantolgoi Project Leader and State Minister M.Enkhsaikhan said: "First of all, I want to express my gratitude on your great effort. Spring session of the Parliament was started, yesterday. Parliament has owned right to finalize the TT investment agreement and the decision is to be made within two weeks. Working group consisted of representatives from the parties. TT investment agreement for 30 years. Therefore, before the agreement is signed, discussing by the Parliament will not be difficult and we see it as a great opportunity."

At the end of the meeting, Mr.Susumu Ishihara said: "We hope that either Investor side and Mongolian side will succeed on mutually beneficial basis."

Tavantolgoi Project Leader and State Minister M.Enkhsaikhan received General Manager of Coal Dept. at Sumitomo Corporation, Susumu Ishihara that participated in Investor Consortium.

During the meeting, Mr.Susumu Ishihara said "I arrived in UB to participate in signing of TT investment agreement. It has became difficult for me as I havn't been psychologically prepared for the delay of signing. TT project is very important for both Government of Japan and Sumitomo Corporation. During the Mongolian Prime Minister`s visit to Japan in February of this year, CEO of Sumitomo Corporation Mr. K.Nakamura hold meeting with PM Ch.Saikhanbileg specifically and discussed on TT investment. We had assumption that the agreement is to submitted for the approval by the Government to State Great Khural."

Tavantolgoi Project Leader and State Minister M.Enkhsaikhan said: "First of all, I want to express my gratitude on your great effort. Spring session of the Parliament was started, yesterday. Parliament has owned right to finalize the TT investment agreement and the decision is to be made within two weeks. Working group consisted of representatives from the parties. TT investment agreement for 30 years. Therefore, before the agreement is signed, discussing by the Parliament will not be difficult and we see it as a great opportunity."

At the end of the meeting, Mr.Susumu Ishihara said: "We hope that either Investor side and Mongolian side will succeed on mutually beneficial basis."

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B.Ireedui
Category
Society
Published
2015-04-07


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