Ensure transparency in mining industry

Nov 13 • Featured, Laws, Mining, News, State Affairs • 5775 Views • No Comments on Ensure transparency in mining industry

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The General Secretary of the Secretariat of SGK B.Boldbaatar met Regional Eurasia Coordinator Galib Efendiev. Two sides exchanged ideas on ensuring transparency in mining industry.

Revenue Watch Institute has operations in over 40 countries specialized in promoting transparency, increasing benefit from mining industry, and also encourage countries to adapt international transparency standards.

According to Galib Efendiev, project implementation funds are in set, the draft for Memorandum has been finished, and National Program Coordinator selection process is under way. The General Secretary stated that Mongolia sees its critical that the industry is transparent and public monitoring is essential. Also, he emphasized that the two sides are meeting in a critical time when the SGK is discussing the Government Policy on Mining Industry, and the importance of international practices that they country needs to learn from. He believes that the project will contribute towards the country’s objectives.

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