Reacting to demands that mining
and exports should be exempt from the value added tax, introduced in Mongolia
in 1998, Finance Minister S.Bayartsogt has asked officials in his ministry to prepare
a detailed study on how VAT is levied in other countries that

A DP team headed by the party
Secretary General D.Erdenebat recently took part at a meeting of the Executive
Council of the International Democratic Union in Washington. Some U.S. senators,
a former Secretary of Labor and other important people spoke on the U.S.
economy

Visiting Greece, Minister for
Education, Culture and Science Yo.Otgonbayar has met with the country’s Deputy
Minister for Education and discussed cooperation in the education sector. They
talked about introduction of Mongolian and Greek studies in their respective
countries, exchange of students on government scholarship,

The DP has changed its mind about the referendum on the
election law and does not support the idea any longer.

Explaining the change of stand, Ch.Saikhanbileg, head of the
DP group in Parliament, told journalists that holding a referendum would cost
between

Mongolian Mining Exchange, a
non-Governmental organization, is organizing its first Miner & Supplier
Forum and Exhibition on July 6 at Chinggis Khaan Hotel. It aims at improving
the quality of mining sector supplies by reaching correct information to
engineering and mining companies, and by

The Government has unanimously approved the draft
investment agreement on Tavan Tolgoi. It will now go to the National Security
Council and, after ratification there, to Parliament for discussion. This is
scheduled to be on June 6. Ch.Khurelbaatar, head of the Cabinet Secretariat,
submitted

Naadam begins today and this year
the people will also be celebrating 2220th anniversary of the first Khunnu
State. Children’s archery contest will begin on July 9 and this would mark the
start of the men’s three naadams.

Yesterday, 1,000 morin khuur players
performed

Representatives of civil
movements yesterday demonstrated in front of Government House and submitted to
Parliament the resolutions taken at the recent Assembly of the People. A team
headed by MP and member of the MPRP Ts.Shinebayar handed over a note of demands
to Deputy

Minister for Mineral Resources
and Energy D.Zorigt yesterday told journalists that the meeting of the
Mongolia-Russia intergovernmental commission discussed the fuel shortage in
Mongolia following a reduction in Russian supply. The first wagons carrying
10,000 tons of petroleum are on ther way to Mongolia.

The Deputy Chief of the Water
Board has told our reporter that the work of identifying and counting water
sources in the country, including rivers, lakes, underground reservoirs, and
artisanal wells was progressing on schedule. The exercise is carried out every
four years. The