An Intergovernmental committee meeting between Mongolia and Russia is scheduled to happen on Friday November 6th. At the meeting it is expected that the Mongolia-Russian Joint Ventures  “Ulaanbaatar Railway”, Erdenet  Mining Corporation and MonRosTsvetMet will be discussed.

According to a source close to the matter several officials came to “Ulaanbaatar Railway” Mongolia-Russian Joint Venture to prepare for the Intergovernmental committee meeting.

Local reports speculate about the timing of the Intergovernmental committee meeting between Mongolia and Russia after the Prime Minister`s state visit to China.

Public sources have focused on the possible changes that might be made to the National Security Council`s guidance, State policy on railway transportation and related resolutions and decisions.

These hot topics to be discussed at the Intergovernmental committee meeting scheduled on November 6th making the meeting an anticipated event. However, some sources say that the meeting might be delayed.

Apparently several other important issues in addition to the railway are listed to be discussed at the meeting. Talks are scheduled on making IPO international market for the Erdenet Mining Corporation gold, copper and molybdenum resource and the Asgat gold, silver, copper, molybdenum and rare earth deposit owned by MongolRosTsvetMet company, which have previously been in development for decades with no progress. But now infrastructure works are rapidly progressing for development of the Asgat deposit in order to move the talks on.

Local media report the new ambassador from Russia to Mongolia will be included in the committee to play an active role.