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Friday, 07 August 2009 15:58 |
The following is the text of the letter, dated July 27 and signed by Mr. Sam Riggall for Rio Tinto and Mr. John Fognani for Ivanhoe Mines, that was sent to all Members of the Mongolian Parliament individually. The letter was in Mongolian and this is a translation, not authorized by either sender or by any of the recipients.
“We carefully followed the discussion in Parliament of the draft Oyu Tolgoi investment agreement. We would like to officially meet with you and answer your questions if you, dear Member of Parliament, have any questions or concerns related to the Agreement or to the Oyu Tolgoi project implementation at this important moment when the agreement is being negotiated.” “Rio Tinto assumes that the draft Agreement discussed with the coalition Government will not only be the first step to an exceptional leap in economic and social development but will also launch a new era of responsible use of Mongolian minerals resources by way of creating thousands of jobs, opening up business opportunities, and developing infrastructure.” “This is not a decision about today. This will be a decision made by current representatives chosen by the Mongolian people about the future of succeeding generations of Mongolians.” “We think that Mongolia has come to a crossroads. One way will attract foreign investment, develop a world class mining sector, strengthen an independent economy and create an open economy and society. The other way will lead to a closed economy with the faith of investors and donors belied, limiting the scope of industry, and to direct dependence on its neighbors. Your choice of whether to support the Oyu Tolgoi investment agreement or to be against it will determine the way Mongolia treads for the long term.” “We hope that you will give us the opportunity to exchange views in the near future.”
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 The 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
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Last Updated on Friday, 07 August 2009 15:58 |