D.Lundeejantsan sees positive progress on Oyutolgoi agreement
Tue, 30 Jun 2009 20:05:08
The head of the MPRP group in Parliament, D.Lundeejantsan, told media on Monday that chances of breaking the deadlock over the Oyutolgoi agreement were bright. Nothing is settled, but there has been positive progress, he asserted.

After several months of work there are two clear options now and the group will soon decide which one it favors. One option is for Mongolia to own 34% of the mines, while the other is to own no share but to earn revenue from taxes. Both have risks and ”we need to study them thoroughly”, he said. A choice is difficult as long-term issues of national security are involved.

Asked if the spring session of Parliament will be able to take a decision on payment of the Motherland Allowance or the Treasure Share, Lundeejantsan said the session had plans to discuss 55 issues, and only 10 of them have not yet been taken up, including the draft laws on these. A joint working group of the two parties was established to see if the two drafts could be combined and presented in the autumn session. The MPRP has asked the group to work with a sense of urgency to reach an agreement between the two parties.
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Mongolia is a huge, landlocked country about three times the size of France, squashed between China and Russia. It has a total area of 1,566,500 sq. km (604,830 sq. mi). It is one of the largest land-locked countries and the world's seventh largest country.
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