Mongolians vote in key elections

Presstv of Iran reports that,

Parliamentary elections begin in Mongolia, where fighting inflation and tapping into the country’s huge mineral wealth are major concerns.

Mongolian voters dressed in traditional silk cloaks tied with colorful sashes streamed into polling stations Sunday as the nation began the first general election in four years.

A total of 356 candidates, including 28 incumbent members of parliament, are fighting for 76 seats in the Great Hural.

The two major parties, the Democrats and the Mongolian People’s Revolutionary Party (MPRP), have each promised large payouts to the general public and cash payments from big mining projects if they win the election.

In the final days of campaigning the two remained close in tracking polls, but the non-profit Sant Maral Foundation gave a slight advantage to the MPRP.

In the last election four years ago, the two parties nearly split the vote and were forced into a fragile coalition that produced three different prime ministers.

The elections are widely viewed as a political re-shuffle necessary to kick-start mining legislation and business contracts leftover by the outgoing parliament.

The challenge this time for voters is to elect a government with enough of a mandate to pass revisions to Mongolia’s minerals law and ratify an investment agreement that would allow the Gobi desert Oyu Tolgoi copper and gold project to go head.

Voting will end on Sunday evening local time and the first results are expected on Monday morning.

HE/GM

http://www.presstv.ir/detail.aspx?id=61894&sectionid=351020406

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