Mongolia Business and Mongolian Daily Business News

The Government of Mongolia continues its deal making and negotiation with its counterpart on Oyu Tolgoi project. Both sides haven’t made any disclosure so far about the recent development of the negotiation.

Only Minister D.Zorigt stated that the negotiation is underwent in the atmosphere and condition that is “not easy”. The main obstacle of reaching common agreement is “windfall tax”. More detailed disclosure can be made tomorrow, after the special Meeting of the Cabinet Ministers on OT IA.

Related post

• Minister D.Zorigt: Pre-payment loan of Oyu Tolgoi will be on April
• Minister D.Zorigt met with Tom Albanese, Executive Director of Rio Tinto
• OT IA will be signed tomorrow
• OT IA is discussed by the cabinet Meeting
• 1 more week delay on OT IA signing
• OT IA will be signed not later than Sept. 30
• OT IA is to be signed on Monday
• National Security Council Meeting supports signing the IA on Oyu Tolgoi
• National Security Council will decide the future of OT today
• Minister for Finance S.Bayartsogt: Dealmaking process is troublesome, due to making it according to the related laws.