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No orders yet on Altan Dornod arbitration, says Justice Ministry

The Chief of the Policy Implementation Coordinating Board
of the Justice Ministry, T.Altangerel, has denied rumors that the international
arbitration council has asked the Government to pay MNT50 billion to the Altan Dornod
Mongol gold mining company. He said no orders have been

Special tax on A-80, AI -92 raised

Yesterday’s  Government meeting raised the special tax on
A-80 auto fuel from MNT150,000 to MNT210,000 per ton and on AI-92 from
MNT170,000 to MNT200,000per ton. This will apply only to imports through the
Sukhbaatar, Zamiin-Uud, Ereentsav and Altanbulag border points. The tax on

Standing Committee to improve ministry’s draft on labor

The Standing Committee on Social Policy, Education,
Culture and Science yesterday took up the draft law on labor prepared by the
Ministry of the Social Welfare and Labor. There was criticism that it says little
about reducing unemployment. DP members wanted the draft

Judicial reforms have lost their way

A major plank of Ts.Elbegdorj’s campaign platform was his
pledge for judicial reform. How much has been achieved since he assumed the
presidency?

People have noted that today no one, not even the
President, talks about it much. They are surprised as they

245-km road to link Mongolia and China

A new highway linking China and
Mongolia is expected to be jointly built by the two countries with a total investment
of USD375 million. It will be 245 kilometers long, running from Mongolia”s
southwest Omnogovi Province to Ganqimaodu, a border town in China”s

Finnish firm to prepare feasibility study on copper smelter

The Finnish company Outotec will
conduct a feasibility study for a copper smelter in Sainshand, according to an
agreement with the National Development Corporation (NDC), signed during the
visit of the President Ts.Elbegdorj to Finland. NDC is a consortium of large
Mongolian private sector

Parliament to discuss Sangaragchaa issue today

Parliament will today discuss the Prosecutor General’s request
to remove Ch.Sangaragchaa from his position as head of the Anti- Corruption
Authority (ACA). The Standing Committee on Justice has washed its hand of the
matter after failing to reach a conclusion after discussing the

Increasing interest in Mongolia among Australian investors

Australians
in Ulaanbaatary now number close to 400, boosted by the influx of Rio Tinto
executives on secondment to the Oyutolgoi project. Rio is the largest global
mining company so far to commit to Mongolia, but it will not be the last, says
The

MNT150 million to clear pavements

MNT150 million is planned to be
spent under the Mayor’s orders to make life for pedestrians in Ulaanbaatar
easier. Inspection of squares and pavements has identified 77 structures that
will be relocated and 215 more that will be demolished. The official notice for
this

New border crossing point for foreigners

Mongolia
has begun allowing foreign tourists cross its border to get to China at a
checkpoint in Khovd province, according to a report in Voice of Russia.
Mongolia took the decision after receiving a request from the administration of
the Altay region in Siberia

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