Economy
MCA Starts Operating on July
Governing Board of the Millennium Challenge Corporation (MCC) approved the general agreement proposal of USD 285 million to be concluded with the Government of Mongolia in order to eradicate poverty through economic growth. The agreement focused on four main sectors such as railways, ownership, professional education and health and especially on key support of […]
Israel and Mongolia is to Collaborate on Agriculture
Right after the 60th anniversary of Israeli independence, the President of Mongolia paid a visit to Israel for the first time and met Sh.Peres, President of Israel, exchanging views on extending and strengthening bilateral cooperation and relations. At the beginning of the meeting, Mr. Peres said, “Since I was a kid I heard a lot […]
L.Gansukh(DP): Parliament Waits for Task Group Conclusions on Rosnefti
We got details from L.Gansukh, Head of DP Council in the Parliament on an issue discussed at the Council meeting.
What kind of issues did you discuss?
We discussed issues related to infected people in Bayan-Ulgii aimag and risks of infectious MHFD /mouth, hand and foot disease/ that could cover children of young age in great […]
B.Erdenesuren(MPRP): We Agreed Because Percentile per the Public was High
MPRP group in the Parliament discussed the draft law on modifications to the Minerals Law of Mongolia during the Group Meeting. We got details on the meeting from Deputy Chairman of the group, B.Erdenesuren.
What issues did you discuss during the Group Meeting?
We discussed what the position of the Group would be at the […]
Peabody Energy is Interested in Mining
Last Friday, delegates, headed by Taib Taheer, CEO of Northeast Asia affairs of Peabody Energy Corporation of the United States, visited the President of Mongolia N.Enhbayar. Delegates of the world biggest U.S. private coal company introduced the world class proposal on developing Mongolia’s coal production. The proposal has been developed by US leading corporations; marketing […]
Rosnefti Says to Move the Price If Necessary
We got details from Kh.Narankhuu, Minister of Industry and Trade on gas price.
It’s been several days since a deadline for responding to a proposal of Russian Company “Rosnefti” expired. Aren’t they dramatically increasing the gas price?
Talks and negotiations are held with Russian side at all levels. I sent a letter to the Minister of […]
DP Forwards a Requisition to PM
They considered that accepting Russia’s proposal is like giving up independence
Yesterday DP council held a broad meeting. DP Leader Ts.Elbegdorj, who just arrived from Korea, attended the meeting. Several issues were discussed at the meeting and council members criticized the acceptance of Russia’s Rosnefti proposals by the Government was a case of ignoring national interests.
Council […]
D.Idevkhten: Parliament Has No Way Other Than Discussing the Matter
We got details from MP D.Idevkhten whether or not to discuss the Rosnefti proposal.
-There is no way than discussing the issue at the Parliament. Oil price went up, accompanying price growth in other products. It hits hard the public livelihood. One of the alternatives on how to maintain oil products cheaper has been submitted to […]
Who Says What?
The Government thinks that the only best alternative to stand against the oil product price increase is the proposal of Russian Company Rosnefti to establish 100 gas stations in Mongolia. In order to accept this proposal, the Government formulated and submitted the draft law on modifications to the law on oil products. According to the […]
Statement by S.Bayar, Prime Minister of Mongolia at the Parliament Session
On current state, recent pitfalls, measures of solution on oil products
Dear Speaker and
Dear Parliamentarians,
Recently oil price went up dramatically at the world market.
As of January 2007, price of 1 barrel oil at NYSE was USD 52.84 whilst as of yesterday it reached USD 113.4, going up by USD 60.56. It results increase in domestic […]
