Ot Agreement Will Be Signed This Month

Finance Minister S.Bayartsogt has said preparations for signing the Oyu Tolgoi investment are going on according to schedule. He would not specify a date beyond saying that the signing would be this month.
Certain laws have been amended and the President is allowed a certain period of time to refuse to ratify the changes. He is not expected to do so, but that period has to be over before the changes legally become effective. The agreement is likely to be signed only after the end of that period.

Source: www.news.mn
Business Council of MongoliaThe Business Council of Mongolia aims to advocate increased trade and investment in Mongolia and serve as a forum for dialogue on the important business climate issues. Join us at the Business Council Mongolia Official Website

No votes yet
Archived Comments
2009-09-21 17:00:38
What wonderful news !!!
scott brewer
2009-09-24 04:07:50
what is the period of time length given for refusal?