The SGK approved the four draft laws during yesterday session. The ideal environment for signing OT IA was built by the Government and SGK. We have asked few questions from S.Bayartsogt, Minister for Finance, regarding the investment agreement.
Q: The Government presented four laws were approved by the SGK. You would not face any difficulties to sign the agreement now?
S.Bayartsogt: Now the investment agreement of OT can be signed according to the law. Before changes were need to be made to make the investment agreement in accordance with the law. We have made the two resolutions for the investors that are in accordance with the law so we will invite the investor side. We will sign the agreement of OT in a very short period of time. Then, we will publish the investment agreement contract through all types of media. It will be publicized in Mongolian. We will even openly report about the last periods of the negotiations of the IA.
Q: When will the agreement be signed? Can you provide an exact date?
S.Bayartsogt: I think that the deal can be done within two weeks.