ID :
211681
Fri, 10/07/2011 - 12:48
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Shortlink :
http://m.oananews.org//node/211681
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PRESIDENT MEETS PREMIER AND SPEAKER
Ulaanbaatar, Mongolia, /MONTSAME/ The President Ts.Elbegdorj gathered Thursday the Premier S.Batbold, Speaker D.Demberel, Vice Speakers N.Enkhbold and G.Batkhuu, also a Deputy Premier M.Enkhbold, heads of the two parliamentary factions O.Enkhtuvshin and Saikhanbileg.
Touching upon the Oyutolgoi (OT) deposit contract and a double decline in its shares' price in the last two days, the President said it is necessary to attract investments and to avoid any disputes over the OT contract. “A delay in putting the OT mine into use may cause us a loss, we must realize that one out of three togrogs of the economic growth is related to this deposit. Difficulties facing its infrastructure and energy supply may be solved without conflicts,” he said.
The Premier said the Mongolian side talked with the investors on the investment contract pursuant to the resolution of the Standing committee on security and foreign policy and proposed to increase shares of Mongolia. The government and the OT investors released a joint statement sayng that the deposit is to give profits from the next year.
“The investors respectfully treated our proposal but did not accept it sayng the contract's results are not seen yet,” he went on. The OT would become fruitful from 2012, and the cabinet will try to increase the effectiveness for Mongolia, he said. The cabinet is ready to express its position at a closed meeting of the parliamentary session, he added.
After this talk the President said he does not appreciate a matter on amending the Constitution of Mongolia, noting he will ban any attempts to do so. “No one can alter the Constitution before the parliamentary election of 2012,” he said.
The Speaker said the election matters might be considered at the next week's meeting of parliament. He added that the factions almost reached a united position over the election.
B.Khuder
Touching upon the Oyutolgoi (OT) deposit contract and a double decline in its shares' price in the last two days, the President said it is necessary to attract investments and to avoid any disputes over the OT contract. “A delay in putting the OT mine into use may cause us a loss, we must realize that one out of three togrogs of the economic growth is related to this deposit. Difficulties facing its infrastructure and energy supply may be solved without conflicts,” he said.
The Premier said the Mongolian side talked with the investors on the investment contract pursuant to the resolution of the Standing committee on security and foreign policy and proposed to increase shares of Mongolia. The government and the OT investors released a joint statement sayng that the deposit is to give profits from the next year.
“The investors respectfully treated our proposal but did not accept it sayng the contract's results are not seen yet,” he went on. The OT would become fruitful from 2012, and the cabinet will try to increase the effectiveness for Mongolia, he said. The cabinet is ready to express its position at a closed meeting of the parliamentary session, he added.
After this talk the President said he does not appreciate a matter on amending the Constitution of Mongolia, noting he will ban any attempts to do so. “No one can alter the Constitution before the parliamentary election of 2012,” he said.
The Speaker said the election matters might be considered at the next week's meeting of parliament. He added that the factions almost reached a united position over the election.
B.Khuder
